Liberty Broadband (NASDAQ:LBRDK - Get Free Report) was upgraded by stock analysts at Wall Street Zen to a "hold" rating in a research report issued on Saturday.
Liberty Broadband Stock Performance
NASDAQ:LBRDK opened at $94.88 on Friday. The firm has a 50 day simple moving average of $95.29 and a 200-day simple moving average of $85.35. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.39 and a quick ratio of 1.39. The firm has a market cap of $13.60 billion, a PE ratio of 15.16 and a beta of 1.01. Liberty Broadband has a 1-year low of $54.44 and a 1-year high of $104.00.
Liberty Broadband (NASDAQ:LBRDK - Get Free Report) last posted its quarterly earnings data on Wednesday, May 7th. The company reported $1.87 earnings per share for the quarter. The business had revenue of $256.00 million during the quarter. Liberty Broadband had a net margin of 88.10% and a return on equity of 9.24%. On average, equities analysts expect that Liberty Broadband will post 7.71 EPS for the current year.
Institutional Inflows and Outflows
A number of large investors have recently added to or reduced their stakes in LBRDK. Jones Financial Companies Lllp raised its holdings in shares of Liberty Broadband by 138.0% during 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. Atria Investments Inc raised its holdings in shares of Liberty Broadband by 10.5% during the fourth quarter. Atria Investments Inc now owns 3,626 shares of the company's stock worth $271,000 after purchasing an additional 344 shares during the period. Proficio Capital Partners LLC acquired a new stake in shares of Liberty Broadband during the fourth quarter worth $3,588,000. Raymond James Financial Inc. acquired a new stake in shares of Liberty Broadband in the 4th quarter worth about $949,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in shares of 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 period. 80.22% of the stock is currently owned by institutional investors.
Liberty Broadband Company Profile
(
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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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