Seizert Capital Partners LLC Acquires 50,733 Shares of Liberty Broadband Corporation (NASDAQ:LBRDA)

Seizert Capital Partners LLC grew its position in Liberty Broadband Corporation (NASDAQ:LBRDA - Free Report) by 12.0% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 474,628 shares of the company's stock after acquiring an additional 50,733 shares during the quarter. Liberty Broadband accounts for about 1.8% of Seizert Capital Partners LLC's holdings, making the stock its 25th largest position. Seizert Capital Partners LLC owned 0.33% of Liberty Broadband worth $40,343,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. American National Bank & Trust acquired a new position in Liberty Broadband during the first quarter worth $32,000. Farther Finance Advisors LLC grew its position in Liberty Broadband by 54.2% during the 1st quarter. Farther Finance Advisors LLC now owns 566 shares of the company's stock worth $48,000 after acquiring an additional 199 shares during the last quarter. Sterling Capital Management LLC increased its holdings in Liberty Broadband by 48.2% during the 4th quarter. Sterling Capital Management LLC now owns 815 shares of the company's stock valued at $61,000 after purchasing an additional 265 shares in the last quarter. CWM LLC raised its position in Liberty Broadband by 38.4% in the 1st quarter. CWM LLC now owns 1,963 shares of the company's stock valued at $167,000 after purchasing an additional 545 shares during the last quarter. Finally, Lazard Asset Management LLC boosted its stake in Liberty Broadband by 8,480.0% in the fourth quarter. Lazard Asset Management LLC now owns 2,145 shares of the company's stock worth $159,000 after purchasing an additional 2,120 shares in the last quarter. Institutional investors and hedge funds own 10.29% of the company's stock.

Liberty Broadband Price Performance

Shares of NASDAQ:LBRDA traded down $1.22 during midday trading on Friday, reaching $59.91. The company's stock had a trading volume of 96,300 shares, compared to its average volume of 170,541. The business's fifty day simple moving average is $89.72 and its 200-day simple moving average is $84.99. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.39 and a quick ratio of 1.39. Liberty Broadband Corporation has a fifty-two week low of $57.34 and a fifty-two week high of $102.38. The company has a market capitalization of $8.59 billion, a P/E ratio of 9.57 and a beta of 0.96.

Liberty Broadband (NASDAQ:LBRDA - Get Free Report) last announced its earnings results on Wednesday, May 7th. The company reported $1.87 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.20 by $0.67. The company had revenue of $266.00 million for the quarter, compared to analyst estimates of $248.60 million. Liberty Broadband had a net margin of 86.40% and a return on equity of 9.24%.

About Liberty Broadband

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.