Mark Asset Management Corp Lowers stake in Liberty Broadband Corp (LBRDA)

Liberty Broadband Corp (LBRDA) : Mark Asset Management Corp reduced its stake in Liberty Broadband Corp by 2.56% during the most recent quarter end. The investment management company now holds a total of 215,126 shares of Liberty Broadband Corp which is valued at $12.8 Million after selling 5,649 shares in Liberty Broadband Corp , the firm said in a disclosure report filed with the SEC on May 13, 2016.Liberty Broadband Corp makes up approximately 3.81% of Mark Asset Management Corp’s portfolio.

Other Hedge Funds, Including , Alliancebernstein reduced its stake in LBRDA by selling 650 shares or 5.98% in the most recent quarter. The Hedge Fund company now holds 10,221 shares of LBRDA which is valued at $607,638.Bislett Management boosted its stake in LBRDA in the latest quarter, The investment management firm added 39,625 additional shares and now holds a total of 140,000 shares of Liberty Broadband Corp which is valued at $8.3 Million. Liberty Broadband Corp makes up approx 5.74% of Bislett Management’s portfolio.Mosaic Family Wealth boosted its stake in LBRDA in the latest quarter, The investment management firm added 7 additional shares and now holds a total of 231 shares of Liberty Broadband Corp which is valued at $13,733. Liberty Broadband Corp makes up approx 0.01% of Mosaic Family Wealth’s portfolio.Gamco Investors Et Al reduced its stake in LBRDA by selling 9,294 shares or 5.57% in the most recent quarter. The Hedge Fund company now holds 157,484 shares of LBRDA which is valued at $9.2 Million. Liberty Broadband Corp makes up approx 0.06% of Gamco Investors Et Al’s portfolio. State Of New Jersey Common Pension Fund D sold out all of its stake in LBRDA during the most recent quarter. The investment firm sold 12,500 shares of LBRDA which is valued $716,500.

Many Wall Street Analysts have commented on Liberty Broadband Corp. Company shares were Reiterated by Pivotal Research Group on May 24, 2016 to “Buy”, Firm has raised the Price Target to $ 77 from a previous price target of $74 .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.

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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