Liberty Broadband Co. (NASDAQ:LBRDA) Shares Acquired by Seizert Capital Partners LLC

Seizert Capital Partners LLC increased its holdings in shares of Liberty Broadband Co. (NASDAQ:LBRDA) by 3.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 394,418 shares of the company’s stock after acquiring an additional 12,515 shares during the quarter. Seizert Capital Partners LLC’s holdings in Liberty Broadband were worth $30,299,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. American National Bank & Trust acquired a new position in shares of Liberty Broadband during the third quarter valued at $32,000. GAMMA Investing LLC boosted its stake in Liberty Broadband by 161.8% during the 3rd quarter. GAMMA Investing LLC now owns 631 shares of the company’s stock valued at $48,000 after purchasing an additional 390 shares during the period. DekaBank Deutsche Girozentrale acquired a new position in Liberty Broadband during the 3rd quarter valued at about $79,000. CWM LLC grew its position in Liberty Broadband by 112.6% in the 2nd quarter. CWM LLC now owns 1,352 shares of the company’s stock worth $74,000 after purchasing an additional 716 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of Liberty Broadband by 166,900.0% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,670 shares of the company’s stock valued at $91,000 after purchasing an additional 1,669 shares during the period. Institutional investors own 10.29% of the company’s stock.

Analyst Upgrades and Downgrades

LBRDA has been the subject of several analyst reports. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $95.00 price objective (up from $90.00) on shares of Liberty Broadband in a research report on Friday. Rosenblatt Securities lowered Liberty Broadband from a “buy” rating to a “neutral” rating and boosted their price target for the stock from $91.00 to $92.00 in a research report on Thursday.

Liberty Broadband Stock Down 1.8 %

LBRDA stock opened at $87.64 on Friday. The firm’s 50-day moving average is $77.82 and its two-hundred day moving average is $63.74. The company has a market capitalization of $12.52 billion, a price-to-earnings ratio of 16.14 and a beta of 1.04. Liberty Broadband Co. has a 52 week low of $47.17 and a 52 week high of $100.44. The company has a current ratio of 2.07, a quick ratio of 2.07 and a debt-to-equity ratio of 0.40.

Liberty Broadband (NASDAQ:LBRDA) last announced its earnings results on Thursday, November 7th. The company reported $0.99 EPS for the quarter, missing the consensus estimate of $1.65 by ($0.66). The firm had revenue of $262.00 million for the quarter, compared to the consensus estimate of $242.40 million. Liberty Broadband had a return on equity of 8.45% and a net margin of 78.07%. During the same period in the previous year, the firm earned $1.10 EPS.

Insider Transactions at Liberty Broadband

In related news, insider Renee L. Wilm sold 4,423 shares of the stock in a transaction that occurred on Wednesday, September 25th. The shares were sold at an average price of $76.56, for a total transaction of $338,624.88. Following the completion of the sale, the insider now directly owns 3,670 shares of the company’s stock, valued at $280,975.20. This represents a 54.65 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Brian J. Wendling sold 2,208 shares of Liberty Broadband stock in a transaction that occurred on Thursday, September 26th. The stock was sold at an average price of $75.84, for a total transaction of $167,454.72. Following the completion of the transaction, the chief accounting officer now owns 11,054 shares in the company, valued at approximately $838,335.36. This trade represents a 16.65 % decrease in their position. The disclosure for this sale can be found here. Company 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.