Seizert Capital Partners LLC Acquires 29,477 Shares of Liberty Broadband Co. (NASDAQ:LBRDA)

Seizert Capital Partners LLC grew its position in Liberty Broadband Co. (NASDAQ:LBRDA) by 7.5% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 423,895 shares of the company’s stock after buying an additional 29,477 shares during the period. Seizert Capital Partners LLC owned 0.30% of Liberty Broadband worth $31,521,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in LBRDA. Franklin Resources Inc. bought a new stake in Liberty Broadband in the third quarter valued at approximately $30,000. Paloma Partners Management Co acquired a new position in shares of Liberty Broadband in the 3rd quarter valued at $54,000. Glenmede Trust Co. NA raised its stake in Liberty Broadband by 116.6% during the 3rd quarter. Glenmede Trust Co. NA now owns 990 shares of the company’s stock worth $76,000 after buying an additional 533 shares during the period. Scheer Rowlett & Associates Investment Management Ltd. bought a new position in Liberty Broadband during the third quarter worth about $253,000. Finally, Integrated Investment Consultants LLC acquired a new position in Liberty Broadband in the third quarter valued at about $258,000. Institutional investors and hedge funds own 10.29% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently commented on LBRDA shares. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $95.00 price target (up from $90.00) on shares of Liberty Broadband in a report on Friday, November 15th. Rosenblatt Securities cut Liberty Broadband from a “buy” rating to a “neutral” rating and increased their price target for the company from $91.00 to $92.00 in a research report on Thursday, November 14th.

Liberty Broadband Trading Down 0.6 %

LBRDA stock opened at $83.05 on Wednesday. Liberty Broadband Co. has a one year low of $47.17 and a one year high of $100.44. The stock has a market cap of $11.86 billion, a price-to-earnings ratio of 15.29 and a beta of 1.07. The company has a fifty day moving average price of $77.57 and a two-hundred day moving average price of $76.82. The company has a debt-to-equity ratio of 0.40, a current ratio of 2.07 and a quick ratio of 2.07.

Liberty Broadband (NASDAQ:LBRDA) last announced its earnings results on Thursday, February 27th. The company reported $2.04 EPS for the quarter, topping the consensus estimate of $1.73 by $0.31. The business had revenue of $263.00 million during the quarter, compared to the consensus estimate of $252.50 million. Liberty Broadband had a net margin of 78.07% and a return on equity of 8.45%.

Insider Buying and Selling at Liberty Broadband

In other Liberty Broadband news, CEO Gregory B. Maffei sold 125,000 shares of the stock in a transaction that occurred on Wednesday, December 18th. The shares were sold at an average price of $79.74, for a total transaction of $9,967,500.00. Following the completion of the sale, the chief executive officer now owns 1,435,256 shares of the company’s stock, valued at approximately $114,447,313.44. This represents a 8.01 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 14.19% 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. 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.