Hunting Hill Global Capital LLC Has $2.76 Million Holdings in Liberty Broadband Co. (NASDAQ:LBRDK)

Hunting Hill Global Capital LLC raised its position in shares of Liberty Broadband Co. (NASDAQ:LBRDK - Free Report) by 63.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 36,874 shares of the company's stock after purchasing an additional 14,366 shares during the period. Liberty Broadband makes up approximately 1.0% of Hunting Hill Global Capital LLC's investment portfolio, making the stock its 14th biggest position. Hunting Hill Global Capital LLC's holdings in Liberty Broadband were worth $2,757,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Smartleaf Asset Management LLC increased its holdings in shares of Liberty Broadband by 61.1% during the fourth quarter. Smartleaf Asset Management LLC now owns 406 shares of the company's stock worth $30,000 after buying an additional 154 shares in the last quarter. Blue Trust Inc. grew its position in Liberty Broadband by 134.3% during the 4th quarter. Blue Trust Inc. now owns 464 shares of the company's stock worth $36,000 after acquiring an additional 266 shares during the last quarter. Jones Financial Companies Lllp increased its holdings in Liberty Broadband by 138.0% in the 4th quarter. Jones Financial Companies Lllp now owns 488 shares of the company's stock worth $36,000 after purchasing an additional 283 shares in the last quarter. Lee Danner & Bass Inc. acquired a new position in Liberty Broadband in the 4th quarter worth about $36,000. Finally, R Squared Ltd bought a new position in Liberty Broadband in the fourth quarter valued at about $37,000. 80.22% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, StockNews.com started coverage on Liberty Broadband in a report on Tuesday. They set a "sell" rating on the stock.

Liberty Broadband Trading Up 11.5 %

Shares of NASDAQ:LBRDK traded up $8.87 during mid-day trading on Friday, reaching $86.23. 1,177,687 shares of the company's stock were exchanged, compared to its average volume of 1,044,528. The company has a debt-to-equity ratio of 0.40, a quick ratio of 2.07 and a current ratio of 2.07. Liberty Broadband Co. has a twelve month low of $46.46 and a twelve month high of $101.50. The firm has a market capitalization of $12.36 billion, a price-to-earnings ratio of 15.88 and a beta of 1.03. The business's fifty day moving average price is $81.35 and its 200-day moving average price is $81.42.

Liberty Broadband (NASDAQ:LBRDK - Get Free Report) last announced its earnings results on Thursday, February 27th. The company reported $2.04 EPS for the quarter, missing the consensus estimate of $3.67 by ($1.63). The company had revenue of $253.00 million for the quarter, compared to analyst estimates of $252.50 million. Liberty Broadband had a return on equity of 8.45% and a net margin of 78.07%. On average, research analysts predict that Liberty Broadband Co. will post 7.71 EPS for the current fiscal year.

About Liberty Broadband

Liberty Broadband Corporation engages in the communications businesses. The company's GCI Holdings segment provides data, wireless, video, voice, and managed services to residential customers, businesses, governmental entities, educational, and medical institutions in Alaska under the GCI brand.