Bislett Management buys $8.3 Million stake in Liberty Broadband Corp (LBRDA)

Liberty Broadband Corp (LBRDA) : Bislett Management scooped up 39,625 additional shares in Liberty Broadband Corp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 12, 2016. The investment management firm now holds a total of 140,000 shares of Liberty Broadband Corp which is valued at $8.3 Million.Liberty Broadband Corp makes up approximately 5.74% of Bislett Management’s portfolio.

Other Hedge Funds, Including , Ubs Asset Management Americas Inc reduced its stake in LBRDA by selling 2,075 shares or 9.4% in the most recent quarter. The Hedge Fund company now holds 19,992 shares of LBRDA which is valued at $1.2 Million.Seizert Capital Partners boosted its stake in LBRDA in the latest quarter, The investment management firm added 28,826 additional shares and now holds a total of 365,743 shares of Liberty Broadband Corp which is valued at $21.7 Million. Liberty Broadband Corp makes up approx 0.76% of Seizert Capital Partners’s portfolio.Comerica Bank boosted its stake in LBRDA in the latest quarter, The investment management firm added 4,150 additional shares and now holds a total of 10,176 shares of Liberty Broadband Corp which is valued at $604,963. Liberty Broadband Corp makes up approx 0.01% of Comerica Bank’s portfolio.Gabelli Funds reduced its stake in LBRDA by selling 23,250 shares or 17.94% in the most recent quarter. The Hedge Fund company now holds 106,375 shares of LBRDA which is valued at $6.2 Million. Liberty Broadband Corp makes up approx 0.04% of Gabelli Funds’s portfolio.

Many Wall Street Analysts have commented on Liberty Broadband Corp. Shares were Reiterated by Wunderlich on Mar 21, 2016 to “Buy” and Lowered the Price Target to $ 70 from a previous price target of $72 .Liberty Broadband Corp was Upgraded by Buckingham Research to ” Buy” on Mar 18, 2016. Shares were Reiterated by Pivotal Research Group on Mar 2, 2016 to “Buy” and Lowered the Price Target to $ 74 from a previous price target of $80 .

Liberty Broadband Corporation holds ownership interests in Charter Communications Inc. (Charter ) and TruePosition Inc. (TruePosition) as well as a minority equity interest in Time Warner Cable Inc. (Time Warner Cable). Charter is a cable operator in the United States and provides advanced video high-speed Internet and telephone service to residential and business customers. TruePosition is a provider of mission-critical location based solutions enabling wireless carriers and government agencies to provide public safety E-9-1-1 services domestically and services in support of national security and law enforcement across the world. Time Warner Cable is a cable operator in the United States offering residential and commercial video high-speed data and voice services over its broadband cable systems.

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