6 days Ago By ABMN Staff
Pictet Asset Management Holding SA bought a new position in Liberty Broadband Co. ( NASDAQ:LBRDA – Free Report ) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 2,974 shares of the company’s stock, valued at approximately $221,000.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Wilmington Savings Fund Society FSB purchased a new position in shares of Liberty Broadband in the third quarter valued at about $1,815,000. Barclays PLC raised its stake in Liberty Broadband by 244.
6% during the 3rd quarter. Barclays PLC now owns 4,887 shares of the company’s stock valued at $375,000 after purchasing an additional 3,469 shares during the period. Stifel Financial Corp purchased a new position in Liberty Broadband in the 3rd quarter worth approximately $1,235,000.
Seizert Capital Partners LLC boosted its stake in Liberty Broadband by 7.5% in the 4th quarter. Seizert Capital Partners LLC now owns 423,895 shares of the company’s stock worth $31,521,000 after purchasing an additional 29,477 shares during the period.
Finally, Moran Wealth Management LLC purchased a new stake in Liberty Broadband during the 4th quarter valued at approximately $2,447,000. Institutional investors own 10.29% of the company’s stock.
Wall Street Analyst Weigh In Separately, Benchmark lowered their target price on shares of Liberty Broadband from $130.00 to $115.00 and set a “buy” rating on the stock in a report on Monday, March 31st.
Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $86.
20. Liberty Broadband Trading Down 0.0 % Shares of LBRDA opened at $75.
57 on Friday. The stock has a market capitalization of $10.83 billion, a PE ratio of 13.
92 and a beta of 1.03. The company’s fifty day moving average is $80.
95 and its 200 day moving average is $80.82. 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 Co. has a fifty-two week low of $47.17 and a fifty-two week high of $100.
44. Liberty Broadband ( NASDAQ:LBRDA – Get Free Report ) last posted its earnings results on Thursday, February 27th. The company reported $2.
04 earnings per share for the quarter, topping analysts’ consensus estimates of $1.73 by $0.31.
Liberty Broadband had a net margin of 78.07% and a return on equity of 8.45%.
The firm had revenue of $263.00 million for the quarter, compared to the consensus estimate of $252.50 million.
Liberty Broadband Profile ( 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. 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.
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