Seizert Capital Partners LLC Buys 29,477 Shares of Liberty Broadband Co. (NASDAQ:LBRDA)

Seizert Capital Partners LLC boosted its stake in shares of Liberty Broadband Co. (NASDAQ:LBRDA - Free Report) by 7.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 423,895 shares of the company's stock after buying an additional 29,477 shares during the period. Seizert Capital Partners LLC owned about 0.30% of Liberty Broadband worth $31,521,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Franklin Resources Inc. bought a new position in Liberty Broadband during the third quarter valued at about $30,000. Paloma Partners Management Co bought a new stake in shares of Liberty Broadband during the third quarter worth approximately $54,000. Glenmede Trust Co. NA raised its position in shares of Liberty Broadband by 116.6% in the 3rd quarter. Glenmede Trust Co. NA now owns 990 shares of the company's stock valued at $76,000 after acquiring an additional 533 shares during the period. Scheer Rowlett & Associates Investment Management Ltd. bought a new position in shares of Liberty Broadband during the 3rd quarter valued at about $253,000. Finally, Integrated Investment Consultants LLC bought a new position in Liberty Broadband during the 3rd quarter worth about $258,000. Institutional investors and hedge funds own 10.29% of the company's stock.

Analyst Ratings Changes

LBRDA has been the topic of a number of analyst reports. Rosenblatt Securities cut Liberty Broadband from a "buy" rating to a "neutral" rating and upped their price objective for the stock from $91.00 to $92.00 in a research note on Thursday, November 14th. Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating and set a $95.00 price target (up from $90.00) on shares of Liberty Broadband in a research report on Friday, November 15th.

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Liberty Broadband Stock Performance

Shares of LBRDA traded down $0.36 during trading hours on Friday, hitting $86.57. The company had a trading volume of 90,101 shares, compared to its average volume of 105,050. The business has a fifty day moving average of $78.19 and a 200-day moving average of $77.13. The company has a quick ratio of 2.07, a current ratio of 2.07 and a debt-to-equity ratio of 0.40. The firm has a market cap of $12.37 billion, a price-to-earnings ratio of 15.94 and a beta of 1.07. Liberty Broadband Co. has a 12 month low of $47.17 and a 12 month high of $100.44.

Liberty Broadband (NASDAQ:LBRDA - Get Free Report) last released its quarterly earnings results on Thursday, February 27th. The company reported $2.04 EPS for the quarter, topping analysts' consensus estimates of $1.73 by $0.31. The business had revenue of $263.00 million for the quarter, compared to analyst estimates of $252.50 million. Liberty Broadband had a net margin of 78.07% and a return on equity of 8.45%.

Insider Transactions at Liberty Broadband

In other Liberty Broadband news, CEO Gregory B. Maffei sold 71,500 shares of Liberty Broadband stock in a transaction dated Monday, December 16th. The stock was sold at an average price of $82.00, for a total transaction of $5,863,000.00. Following the completion of the transaction, the chief executive officer now owns 2,827,013 shares in the company, valued at approximately $231,815,066. The trade was a 2.47 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 14.19% of the company's stock.

Liberty Broadband Profile

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. Its Charter segment offers subscription-based Internet and video services, and mobile and voice services; and state-of-the-art residential and business services, which includes Spectrum Internet, TV, mobile and voice for small and medium-sized companies; Spectrum Business provides a suite of broadband products and services for businesses and government application; Spectrum Enterprise offers customized fiber-based solutions; Spectrum Reach provides advertising and production for the modern media landscape.