Stock analysts at StockNews.com started coverage on shares of Liberty Broadband (NASDAQ:LBRDK - Get Free Report) in a research note issued on Thursday. The brokerage set a "sell" rating on the stock.
Liberty Broadband Trading Down 0.1 %
Shares of NASDAQ LBRDK opened at $93.47 on Thursday. The stock has a market cap of $13.39 billion, a price-to-earnings ratio of 17.21 and a beta of 1.02. The business has a 50 day simple moving average of $82.91 and a 200 day simple moving average of $82.06. The company has a debt-to-equity ratio of 0.40, a quick ratio of 2.07 and a current ratio of 2.07. Liberty Broadband has a 52 week low of $49.38 and a 52 week high of $101.50.
Liberty Broadband (NASDAQ:LBRDK - Get Free Report) last posted its earnings results on Wednesday, May 7th. The company reported $1.87 EPS for the quarter. Liberty Broadband had a net margin of 78.07% and a return on equity of 8.45%. On average, research analysts predict that Liberty Broadband will post 7.71 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Liberty Broadband
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Smartleaf Asset Management LLC increased its stake in shares of Liberty Broadband by 61.1% in the fourth quarter. Smartleaf Asset Management LLC now owns 406 shares of the company's stock worth $30,000 after purchasing an additional 154 shares during the period. Blue Trust Inc. increased its position in Liberty Broadband by 134.3% in the 4th quarter. Blue Trust Inc. now owns 464 shares of the company's stock worth $36,000 after buying an additional 266 shares during the period. Lee Danner & Bass Inc. acquired a new position in shares of Liberty Broadband during the fourth quarter worth approximately $36,000. Jones Financial Companies Lllp boosted its position in shares of Liberty Broadband by 138.0% in the fourth quarter. Jones Financial Companies Lllp now owns 488 shares of the company's stock valued at $36,000 after acquiring an additional 283 shares during the period. Finally, R Squared Ltd acquired a new stake in shares of Liberty Broadband in the fourth quarter worth $37,000. 80.22% of the stock is currently owned by institutional investors and hedge funds.
About Liberty Broadband
(
Get Free Report)
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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