Liberty Broadband Corporation (NASDAQ:LBRDK) Holdings Boosted by Kintayl Capital LP

Kintayl Capital LP boosted its stake in Liberty Broadband Corporation (NASDAQ:LBRDK - Free Report) by 82.9% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 103,153 shares of the company's stock after purchasing an additional 46,755 shares during the period. Liberty Broadband comprises approximately 6.3% of Kintayl Capital LP's investment portfolio, making the stock its 4th biggest position. Kintayl Capital LP owned approximately 0.07% of Liberty Broadband worth $8,773,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Jones Financial Companies Lllp increased its position in Liberty Broadband by 138.0% in the 4th 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. Atria Investments Inc lifted its holdings in Liberty Broadband by 10.5% during the fourth quarter. Atria Investments Inc now owns 3,626 shares of the company's stock valued at $271,000 after purchasing an additional 344 shares during the last quarter. Proficio Capital Partners LLC bought a new position in shares of Liberty Broadband in the fourth quarter worth $3,588,000. Raymond James Financial Inc. bought a new position in shares of Liberty Broadband in the fourth quarter valued at approximately $949,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its stake in Liberty Broadband by 1.8% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 19,786 shares of the company's stock worth $1,479,000 after acquiring an additional 359 shares during the last quarter. Institutional investors and hedge funds own 80.22% of the company's stock.

Liberty Broadband Trading Up 0.9%

NASDAQ LBRDK traded up $0.76 on Thursday, hitting $87.67. The company's stock had a trading volume of 1,311,085 shares, compared to its average volume of 1,087,567. The company's 50-day simple moving average is $95.14 and its 200 day simple moving average is $85.63. The firm has a market cap of $12.57 billion, a P/E ratio of 13.99 and a beta of 1.01. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.35. Liberty Broadband Corporation has a 52-week low of $54.71 and a 52-week high of $104.00.

Liberty Broadband (NASDAQ:LBRDK - Get Free Report) last announced its quarterly earnings data on Wednesday, May 7th. The company reported $1.87 EPS for the quarter. Liberty Broadband had a net margin of 88.10% and a return on equity of 9.24%. The company had revenue of $256.00 million for the quarter. Research analysts predict that Liberty Broadband Corporation will post 7.71 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

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

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.