Liberty Broadband (NASDAQ:LBRDK) Earns "Hold (C)" Rating from Weiss Ratings

Key Points

• Liberty Broadband received a "hold (C)" rating from Weiss Ratings, indicating a cautious outlook from analysts on its stock potential.
• The stock opened at $63.38 and has fluctuated between a 1-year low of $57.75 and a high of $104.00, reflecting volatility in its trading performance.
• Institutional investors make up 80.22% of Liberty Broadband's ownership, highlighting significant institutional interest in the stock.

Liberty Broadband (NASDAQ:LBRDK - Get Free Report)'s stock had its "hold (c)" rating restated by equities research analysts at Weiss Ratings in a research note issued to investors on Wednesday,Weiss Ratings reports.

Separately, Wall Street Zen raised Liberty Broadband to a "hold" rating in a research report on Saturday, July 12th. One research analyst has rated the stock with a Hold rating, According to MarketBeat.com, Liberty Broadband presently has an average rating of "Hold".

Liberty Broadband Trading Down 0.6%

Shares of Liberty Broadband stock opened at $63.38 on Wednesday. Liberty Broadband has a 1 year low of $57.75 and a 1 year high of $104.00. The firm has a market cap of $9.09 billion, a PE ratio of 8.36 and a beta of 1.01. The stock has a fifty day moving average price of $61.19 and a 200-day moving average price of $79.38. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.60 and a quick ratio of 0.60.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Resonant Capital Advisors LLC grew its stake in shares of Liberty Broadband by 3.1% during the 1st quarter. Resonant Capital Advisors LLC now owns 4,197 shares of the company's stock worth $357,000 after acquiring an additional 126 shares during the period. CWM LLC grew its stake in shares of Liberty Broadband by 6.4% during the 1st quarter. CWM LLC now owns 2,309 shares of the company's stock worth $196,000 after acquiring an additional 138 shares during the period. GAMMA Investing LLC boosted its stake in Liberty Broadband by 39.2% in the 2nd quarter. GAMMA Investing LLC now owns 589 shares of the company's stock worth $58,000 after purchasing an additional 166 shares during the period. Integrated Wealth Concepts LLC boosted its stake in Liberty Broadband by 4.4% in the 1st quarter. Integrated Wealth Concepts LLC now owns 4,092 shares of the company's stock worth $348,000 after purchasing an additional 174 shares during the period. Finally, Venturi Wealth Management LLC boosted its stake in Liberty Broadband by 4.4% in the 1st quarter. Venturi Wealth Management LLC now owns 4,424 shares of the company's stock worth $376,000 after purchasing an additional 186 shares during the period. Institutional investors own 80.22% of the company's 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.

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