Hunting Hill Global Capital LLC Boosts Stock Holdings in Liberty Broadband Co. (NASDAQ:LBRDK)

Hunting Hill Global Capital LLC boosted its stake in Liberty Broadband Co. (NASDAQ:LBRDK - Free Report) by 63.8% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 36,874 shares of the company's stock after purchasing an additional 14,366 shares during the quarter. Liberty Broadband comprises approximately 1.0% of Hunting Hill Global Capital LLC's holdings, making the stock its 14th largest holding. Hunting Hill Global Capital LLC's holdings in Liberty Broadband were worth $2,757,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Smartleaf Asset Management LLC boosted its position in shares of Liberty Broadband by 61.1% during the fourth quarter. Smartleaf Asset Management LLC now owns 406 shares of the company's stock valued at $30,000 after buying an additional 154 shares during the period. Blue Trust Inc. grew its position 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 acquiring an additional 266 shares during the last quarter. Jones Financial Companies Lllp increased its stake in Liberty Broadband by 138.0% in the fourth quarter. Jones Financial Companies Lllp now owns 488 shares of the company's stock worth $36,000 after purchasing an additional 283 shares during the period. Lee Danner & Bass Inc. bought a new stake in shares of Liberty Broadband during the fourth quarter worth $36,000. Finally, R Squared Ltd bought a new position in shares of Liberty Broadband in the fourth quarter worth about $37,000. Institutional investors own 80.22% of the company's stock.

Liberty Broadband Stock Up 11.5 %

Shares of LBRDK traded up $8.87 during mid-day trading on Friday, hitting $86.23. The company's stock had a trading volume of 1,177,687 shares, compared to its average volume of 1,044,404. The firm has a market capitalization of $12.36 billion, a price-to-earnings ratio of 15.88 and a beta of 1.03. The company's 50-day moving average is $81.44 and its 200-day moving average is $81.48. 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 52-week low of $46.46 and a 52-week high of $101.50.

Liberty Broadband (NASDAQ:LBRDK - Get Free Report) last released its quarterly earnings results on Thursday, February 27th. The company reported $2.04 EPS for the quarter, missing the consensus estimate of $3.67 by ($1.63). Liberty Broadband had a net margin of 78.07% and a return on equity of 8.45%. The firm had revenue of $253.00 million for the quarter, compared to analysts' expectations of $252.50 million. On average, equities research analysts forecast that Liberty Broadband Co. will post 7.71 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, StockNews.com initiated coverage on shares of Liberty Broadband in a research report on Tuesday. 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.