Capula Management Ltd lessened its position in shares of Liberty Broadband Co. (NASDAQ:LBRDK - Free Report) by 45.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 16,177 shares of the company's stock after selling 13,338 shares during the quarter. Capula Management Ltd's holdings in Liberty Broadband were worth $1,209,000 at the end of the most recent reporting period.
A number of other institutional investors also recently bought and sold shares of the company. Groupama Asset Managment bought a new stake in shares of Liberty Broadband during the 3rd quarter valued at $25,000. Quarry LP purchased a new position in Liberty Broadband during the third quarter valued at $28,000. Smartleaf Asset Management LLC grew its holdings in Liberty Broadband by 61.1% during the fourth quarter. Smartleaf Asset Management LLC now owns 406 shares of the company's stock valued at $30,000 after purchasing an additional 154 shares during the period. Blue Trust Inc. increased its position in Liberty Broadband by 134.3% in the fourth quarter. Blue Trust Inc. now owns 464 shares of the company's stock worth $36,000 after buying an additional 266 shares in the last quarter. Finally, Jones Financial Companies Lllp raised its stake in shares of Liberty Broadband by 138.0% in the fourth quarter. Jones Financial Companies Lllp now owns 488 shares of the company's stock worth $36,000 after buying an additional 283 shares during the period. Institutional investors own 80.22% of the company's stock.
Liberty Broadband Price Performance
Shares of LBRDK traded down $0.14 during trading hours on Friday, reaching $76.84. 370,687 shares of the stock traded hands, compared to its average volume of 1,053,965. The company has a market cap of $11.01 billion, a P/E ratio of 14.15 and a beta of 1.03. The company has a current ratio of 2.07, a quick ratio of 2.07 and a debt-to-equity ratio of 0.40. The company's 50-day moving average price is $81.66 and its two-hundred day moving average price is $81.50. Liberty Broadband Co. has a 52-week low of $46.46 and a 52-week high of $101.50.
Liberty Broadband (NASDAQ:LBRDK - Get Free Report) last announced its quarterly earnings data on Thursday, February 27th. The company reported $2.04 EPS for the quarter, missing the consensus estimate of $3.67 by ($1.63). Liberty Broadband had a net margin of 78.07% and a return on equity of 8.45%. The business had revenue of $253.00 million during the quarter, compared to analysts' expectations of $252.50 million. On average, analysts anticipate that Liberty Broadband Co. will post 7.71 earnings per share for the current year.
Wall Street Analysts Forecast Growth
Separately, StockNews.com assumed coverage on Liberty Broadband in a research note on Sunday, April 6th. They set a "sell" rating for the company.
Get Our Latest Analysis on LBRDK
About Liberty Broadband
(
Free Report)
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.
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