Liberty Broadband (NASDAQ:LBRDK) Earns Sell Rating from Analysts at StockNews.com

StockNews.com started coverage on shares of Liberty Broadband (NASDAQ:LBRDK) in a report published on Friday morning. The firm issued a sell rating on the stock.

Liberty Broadband Trading Up 0.2 %

Shares of NASDAQ LBRDK opened at $83.69 on Friday. Liberty Broadband has a 1-year low of $46.46 and a 1-year high of $101.50. The company has a current ratio of 2.07, a quick ratio of 2.07 and a debt-to-equity ratio of 0.40. The company has a 50-day moving average of $80.15 and a two-hundred day moving average of $79.46. The company has a market cap of $11.99 billion, a PE ratio of 15.41 and a beta of 1.06.

Liberty Broadband (NASDAQ:LBRDK) last posted its quarterly earnings data on Thursday, February 27th. The company reported $2.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.67 by ($1.63). The firm had revenue of $253.00 million for the quarter, compared to analyst estimates of $252.50 million. Liberty Broadband had a return on equity of 8.45% and a net margin of 78.07%. As a group, equities analysts expect that Liberty Broadband will post 7.71 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Wealth Enhancement Advisory Services LLC increased its stake in shares of Liberty Broadband by 3.6% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 12,908 shares of the company’s stock valued at $965,000 after acquiring an additional 453 shares during the last quarter. Forum Financial Management LP grew its holdings in Liberty Broadband by 32.4% during the fourth quarter. Forum Financial Management LP now owns 3,678 shares of the company’s stock valued at $275,000 after purchasing an additional 901 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in Liberty Broadband by 16.8% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 331,555 shares of the company’s stock valued at $24,787,000 after purchasing an additional 47,667 shares in the last quarter. Voloridge Investment Management LLC acquired a new stake in Liberty Broadband in the fourth quarter worth $4,991,000. Finally, Tidal Investments LLC boosted its position in shares of Liberty Broadband by 13.5% during the fourth quarter. Tidal Investments LLC now owns 3,182 shares of the company’s stock worth $238,000 after purchasing an additional 379 shares in the last quarter. Institutional investors and hedge funds own 80.22% of the company’s stock.

About Liberty Broadband

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.