Chapman Financial Group LLC Buys New Position in Liberty Broadband Co. (NASDAQ:LBRDK)

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

A number of other hedge funds and other institutional investors have also bought and sold shares of LBRDK. Smartleaf Asset Management LLC raised its stake in 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 acquiring an additional 154 shares in the last quarter. Blue Trust Inc. lifted its stake in Liberty Broadband by 134.3% in the 4th quarter. Blue Trust Inc. now owns 464 shares of the company's stock valued at $36,000 after purchasing an additional 266 shares during the last quarter. Lee Danner & Bass Inc. bought a new position in Liberty Broadband in the 4th quarter valued at approximately $36,000. Jones Financial Companies Lllp boosted its position in Liberty Broadband by 138.0% in the fourth quarter. Jones Financial Companies Lllp now owns 488 shares of the company's stock valued at $36,000 after buying an additional 283 shares in the last quarter. Finally, R Squared Ltd bought a new stake in shares of Liberty Broadband during the fourth quarter worth $37,000. Institutional investors and hedge funds own 80.22% of the company's stock.

Liberty Broadband Trading Up 0.2 %

NASDAQ:LBRDK traded up $0.17 during mid-day trading on Thursday, hitting $93.60. 566,404 shares of the company's stock were exchanged, compared to its average volume of 1,026,357. The company has a current ratio of 2.07, a quick ratio of 2.07 and a debt-to-equity ratio of 0.40. Liberty Broadband Co. has a fifty-two week low of $49.38 and a fifty-two week high of $101.50. The company has a 50 day simple moving average of $82.91 and a 200-day simple moving average of $82.06. The firm has a market capitalization of $13.41 billion, a P/E ratio of 17.24 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 earnings per share for the quarter. The company had revenue of $256.00 million for the quarter. Liberty Broadband had a net margin of 78.07% and a return on equity of 8.45%. As a group, research analysts expect that Liberty Broadband Co. will post 7.71 earnings per share for the current year.

Analyst Ratings Changes

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

Liberty Broadband Company 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.