Seeyond Buys 62 Shares of Liberty Broadband Co. (NASDAQ:LBRDA)

Seeyond increased its stake in Liberty Broadband Co. (NASDAQ:LBRDA) by 0.4% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 13,884 shares of the company’s stock after purchasing an additional 62 shares during the period. Seeyond’s holdings in Liberty Broadband were worth $2,334,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of LBRDA. Vident Investment Advisory LLC grew its holdings in Liberty Broadband by 2.6% during the 1st quarter. Vident Investment Advisory LLC now owns 2,658 shares of the company’s stock worth $386,000 after acquiring an additional 67 shares during the period. Stifel Financial Corp grew its holdings in Liberty Broadband by 3.7% during the 1st quarter. Stifel Financial Corp now owns 2,957 shares of the company’s stock worth $429,000 after acquiring an additional 106 shares during the period. Quadrant Capital Group LLC grew its holdings in Liberty Broadband by 27.4% during the 1st quarter. Quadrant Capital Group LLC now owns 512 shares of the company’s stock worth $74,000 after acquiring an additional 110 shares during the period. Price T Rowe Associates Inc. MD grew its holdings in Liberty Broadband by 0.6% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 20,397 shares of the company’s stock worth $2,961,000 after acquiring an additional 116 shares during the period. Finally, Blair William & Co. IL grew its holdings in Liberty Broadband by 13.3% during the 1st quarter. Blair William & Co. IL now owns 1,306 shares of the company’s stock worth $190,000 after acquiring an additional 153 shares during the period. Hedge funds and other institutional investors own 11.58% of the company’s stock.

Separately, Deutsche Bank Aktiengesellschaft boosted their price target on shares of Liberty Broadband from $188.00 to $196.00 and gave the company a “buy” rating in a report on Tuesday.

Shares of LBRDA stock traded up $2.21 on Thursday, hitting $166.12. The stock had a trading volume of 981 shares, compared to its average volume of 148,463. Liberty Broadband Co. has a twelve month low of $133.51 and a twelve month high of $188.76. The firm has a market cap of $30.20 billion, a P/E ratio of 68.58 and a beta of 1.08. The company has a current ratio of 0.71, a quick ratio of 0.71 and a debt-to-equity ratio of 0.32. The company has a fifty day moving average price of $176.11 and a two-hundred day moving average price of $165.41.

Liberty Broadband (NASDAQ:LBRDA) last announced its quarterly earnings results on Friday, August 6th. The company reported $0.83 earnings per share (EPS) for the quarter. Liberty Broadband had a net margin of 83.14% and a return on equity of 5.35%. The company had revenue of $242.28 million during the quarter.

Liberty Broadband Company Profile

Liberty Broadband Corp. operates as a holding company, which engages in the cable, broadband and mobile location technology businesses. It operates through its subsidiaries, Charter Communications, Inc and TruePosition, Inc The company was founded on March 28, 1991 and is headquartered in Englewood, CO.

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Institutional Ownership by Quarter for Liberty Broadband (NASDAQ:LBRDA)

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