Chapman Financial Group LLC Invests $664,000 in Liberty Broadband Co. (NASDAQ:LBRDK)

Chapman Financial Group LLC purchased a new stake in Liberty Broadband Co. (NASDAQ:LBRDK - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 8,884 shares of the company's stock, valued at approximately $664,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Vanguard Group Inc. increased its stake in Liberty Broadband by 0.9% during the fourth quarter. Vanguard Group Inc. now owns 11,064,423 shares of the company's stock worth $827,176,000 after acquiring an additional 95,599 shares during the last quarter. Barclays PLC grew its holdings in shares of Liberty Broadband by 6.4% during the 3rd quarter. Barclays PLC now owns 6,899,331 shares of the company's stock worth $533,251,000 after purchasing an additional 415,496 shares during the period. Assenagon Asset Management S.A. increased its position in Liberty Broadband by 23.7% during the 4th quarter. Assenagon Asset Management S.A. now owns 3,585,407 shares of the company's stock worth $268,045,000 after purchasing an additional 686,089 shares in the last quarter. Finepoint Capital LP lifted its position in Liberty Broadband by 1.1% during the fourth quarter. Finepoint Capital LP now owns 2,015,710 shares of the company's stock valued at $150,694,000 after buying an additional 21,200 shares in the last quarter. Finally, Madison Investment Advisors LLC purchased a new stake in Liberty Broadband during the fourth quarter worth approximately $122,714,000. Institutional investors and hedge funds own 80.22% of the company's stock.

Liberty Broadband Stock Down 0.7 %

Shares of LBRDK traded down $0.63 during mid-day trading on Friday, reaching $92.97. 634,700 shares of the stock traded hands, compared to its average volume of 1,024,552. The stock has a fifty day simple moving average of $83.28 and a 200 day simple moving average of $82.26. Liberty Broadband Co. has a 12-month low of $49.38 and a 12-month high of $101.50. 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 $13.32 billion, a price-to-earnings ratio of 17.12 and a beta of 1.02.

Liberty Broadband (NASDAQ:LBRDK - Get Free Report) last issued its quarterly earnings data on Wednesday, May 7th. The company reported $1.87 EPS for the quarter. Liberty Broadband had a net margin of 78.07% and a return on equity of 8.45%. The firm had revenue of $256.00 million for the quarter. Sell-side analysts expect that Liberty Broadband Co. will post 7.71 EPS for the current fiscal year.

Analyst Ratings Changes

Separately, StockNews.com started coverage on shares of Liberty Broadband in a report on Thursday. They set a "sell" rating on the 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.