Liberty Broadband Corp (LBRDA) Shares Bought by Hosking Partners LLP

Hosking Partners LLP lifted its stake in Liberty Broadband Corp (NASDAQ:LBRDA) by 7.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 20,029 shares of the company’s stock after acquiring an additional 1,387 shares during the period. Hosking Partners LLP’s holdings in Liberty Broadband were worth $1,703,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. UBS Asset Management Americas Inc. lifted its stake in shares of Liberty Broadband by 42.0% in the 2nd quarter. UBS Asset Management Americas Inc. now owns 9,350 shares of the company’s stock worth $802,000 after acquiring an additional 2,764 shares during the period. Public Employees Retirement System of Ohio lifted its stake in shares of Liberty Broadband by 18.3% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 11,382 shares of the company’s stock worth $976,000 after acquiring an additional 1,757 shares during the period. Ameriprise Financial Inc. lifted its stake in shares of Liberty Broadband by 720.1% in the 3rd quarter. Ameriprise Financial Inc. now owns 88,165 shares of the company’s stock worth $8,303,000 after acquiring an additional 77,414 shares during the period. Markel Corp lifted its stake in shares of Liberty Broadband by 12.0% in the 3rd quarter. Markel Corp now owns 205,250 shares of the company’s stock worth $19,330,000 after acquiring an additional 22,000 shares during the period. Finally, CIBC Asset Management Inc lifted its stake in shares of Liberty Broadband by 62.2% in the 3rd quarter. CIBC Asset Management Inc now owns 7,103 shares of the company’s stock worth $669,000 after acquiring an additional 2,724 shares during the period. 12.30% of the stock is owned by institutional investors.

In other news, Director John E. Welsh III purchased 2,000 shares of the business’s stock in a transaction dated Friday, December 22nd. The shares were acquired at an average price of $85.50 per share, for a total transaction of $171,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 6.09% of the stock is owned by insiders.

Shares of Liberty Broadband Corp (LBRDA) opened at $91.46 on Friday. The company has a quick ratio of 11.64, a current ratio of 7.97 and a debt-to-equity ratio of 0.05. Liberty Broadband Corp has a fifty-two week low of $80.39 and a fifty-two week high of $104.35. The company has a market cap of $16,356.96, a P/E ratio of 899.50 and a beta of 1.38.

LBRDA has been the topic of a number of research reports. ValuEngine downgraded shares of Liberty Broadband from a “hold” rating to a “sell” rating in a report on Wednesday. BidaskClub downgraded shares of Liberty Broadband from a “hold” rating to a “sell” rating in a report on Thursday, January 18th. Pivotal Research boosted their target price on shares of Liberty Broadband from $108.00 to $113.00 and gave the stock a “buy” rating in a report on Wednesday, November 15th. Buckingham Research initiated coverage on shares of Liberty Broadband in a report on Wednesday, December 13th. They issued a “buy” rating and a $119.00 target price on the stock. Finally, boosted their target price on shares of Liberty Broadband from $108.00 to $113.00 and gave the stock a “buy” rating in a report on Wednesday, November 15th. Two investment analysts have rated the stock with a sell rating and four have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $117.50.

COPYRIGHT VIOLATION NOTICE: “Liberty Broadband Corp (LBRDA) Shares Bought by Hosking Partners LLP” was originally posted by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are accessing this piece of content on another domain, it was illegally copied and reposted in violation of U.S. & international trademark and copyright law. The legal version of this piece of content can be accessed at https://www.dispatchtribunal.com/2018/02/16/liberty-broadband-corp-lbrda-shares-bought-by-hosking-partners-llp.html.

Liberty Broadband Profile

Liberty Broadband Corporation holds interest in Charter Communications, Inc (Charter) and its subsidiary Skyhook Holding, Inc (Skyhook). The Company’s segments include Skyhook, Charter, and Corporate and other. Skyhook provides a wireless fidelity (Wi-Fi)-based location platform focused on providing positioning technology and contextual location intelligence solutions.

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

Receive News & Ratings for Liberty Broadband Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Liberty Broadband and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply