Liberty Broadband Corporation $LBRDK is Slotnik Capital LLC's 7th Largest Position

Key Points

• Slotnik Capital LLC increased its holdings in Liberty Broadband Corporation by **32%**, making it the firm's **7th largest position**.
• Other investors, including **Goldman Sachs Group Inc.** and **Jones Financial Companies Lllp**, significantly raised their stakes in Liberty Broadband, with Goldman Sachs increasing its holdings by **94.3%**.
• Liberty Broadband's stock opened at **$60.54**, with a fifty-two week trading range of **$57.75 to $104.00**, reflecting its current market capitalization of **$8.69 billion**.

Slotnik Capital LLC lifted its holdings in Liberty Broadband Corporation (NASDAQ:LBRDK - Free Report) by 32.0% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 123,700 shares of the company's stock after purchasing an additional 30,000 shares during the period. Liberty Broadband comprises approximately 5.1% of Slotnik Capital LLC's holdings, making the stock its 7th biggest position. Slotnik Capital LLC owned approximately 0.09% of Liberty Broadband worth $10,521,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Empowered Funds LLC increased its holdings in Liberty Broadband by 12.2% during the first quarter. Empowered Funds LLC now owns 6,366 shares of the company's stock valued at $541,000 after buying an additional 692 shares during the last quarter. Goldman Sachs Group Inc. increased its stake in shares of Liberty Broadband by 94.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 778,238 shares of the company's stock worth $66,189,000 after purchasing an additional 377,602 shares in the last quarter. Jones Financial Companies Lllp increased its stake in shares of Liberty Broadband by 503.1% in the 1st quarter. Jones Financial Companies Lllp now owns 2,943 shares of the company's stock worth $250,000 after purchasing an additional 2,455 shares in the last quarter. Permanens Capital L.P. raised its holdings in Liberty Broadband by 39.4% in the 1st quarter. Permanens Capital L.P. now owns 6,550 shares of the company's stock worth $557,000 after purchasing an additional 1,852 shares during the period. Finally, Millennium Management LLC lifted its position in Liberty Broadband by 33.4% during the first quarter. Millennium Management LLC now owns 657,866 shares of the company's stock valued at $55,952,000 after purchasing an additional 164,780 shares in the last quarter. 80.22% of the stock is currently owned by institutional investors.

Liberty Broadband Trading Up 0.9%

Shares of Liberty Broadband stock opened at $60.54 on Tuesday. Liberty Broadband Corporation has a fifty-two week low of $57.75 and a fifty-two week high of $104.00. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.60 and a current ratio of 0.60. The company has a market capitalization of $8.69 billion, a P/E ratio of 7.99 and a beta of 0.97. The company has a fifty day moving average of $73.09 and a 200 day moving average of $82.54.

Wall Street Analyst Weigh In

Separately, Wall Street Zen upgraded Liberty Broadband to a "hold" rating in a research report on Saturday, July 12th.

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.

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