Liberty Broadband Corp Series A (LBRDA) Shares Sold by Gamco Investors INC. ET AL

Gamco Investors INC. ET AL reduced its stake in shares of Liberty Broadband Corp Series A (NASDAQ:LBRDA) by 5.3% in the third quarter, according to its most recent filing with the SEC. The fund owned 111,942 shares of the company’s stock after selling 6,220 shares during the period. Gamco Investors INC. ET AL’s holdings in Liberty Broadband Corp Series A were worth $9,440,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Citadel Advisors LLC lifted its holdings in shares of Liberty Broadband Corp Series A by 82.2% during the 2nd quarter. Citadel Advisors LLC now owns 84,252 shares of the company’s stock worth $6,373,000 after acquiring an additional 37,999 shares during the last quarter. BancorpSouth Bank bought a new stake in shares of Liberty Broadband Corp Series A during the 3rd quarter worth $253,000. We Are One Seven LLC bought a new stake in shares of Liberty Broadband Corp Series A during the 3rd quarter worth $242,000. State of Alaska Department of Revenue lifted its holdings in shares of Liberty Broadband Corp Series A by 40.0% during the 2nd quarter. State of Alaska Department of Revenue now owns 2,802 shares of the company’s stock worth $211,000 after acquiring an additional 800 shares during the last quarter. Finally, Los Angeles Capital Management & Equity Research Inc. lifted its holdings in shares of Liberty Broadband Corp Series A by 155.6% during the 2nd quarter. Los Angeles Capital Management & Equity Research Inc. now owns 61,363 shares of the company’s stock worth $4,641,000 after acquiring an additional 37,355 shares during the last quarter. 12.12% of the stock is owned by institutional investors.

A number of research firms have recently issued reports on LBRDA. TheStreet raised shares of Liberty Broadband Corp Series A from a “c+” rating to a “b” rating in a report on Tuesday. BidaskClub raised shares of Liberty Broadband Corp Series A from a “hold” rating to a “buy” rating in a research note on Tuesday, October 16th. ValuEngine raised shares of Liberty Broadband Corp Series A from a “sell” rating to a “hold” rating in a research note on Tuesday, October 16th. Macquarie boosted their price target on shares of Liberty Broadband Corp Series A from $84.00 to $91.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 22nd. Finally, Deutsche Bank lowered their price target on shares of Liberty Broadband Corp Series A from $107.00 to $101.00 and set a “buy” rating for the company in a research note on Tuesday, August 14th. Two investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Liberty Broadband Corp Series A has a consensus rating of “Buy” and a consensus target price of $105.60.

Liberty Broadband Corp Series A stock opened at $82.07 on Friday. The company has a quick ratio of 9.56, a current ratio of 9.56 and a debt-to-equity ratio of 0.05. The firm has a market capitalization of $15.28 billion, a price-to-earnings ratio of 7.52 and a beta of 1.24. Liberty Broadband Corp Series A has a twelve month low of $67.75 and a twelve month high of $98.53.

Liberty Broadband Corp Series A (NASDAQ:LBRDA) last posted its quarterly earnings results on Thursday, November 8th. The company reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.35 by ($0.02). Liberty Broadband Corp Series A had a return on equity of 20.10% and a net margin of 9,565.99%. On average, equities analysts anticipate that Liberty Broadband Corp Series A will post 0.49 EPS for the current fiscal year.

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Liberty Broadband Corp Series A Company Profile

Liberty Broadband Corporation, a cable operator, provides video, Internet, and voice services to residential and commercial customers in the United States. It operates through Skyhook and Charter segments. The Skyhook segment offers Precision Location Solution, a location determination service for mobile device makers, wireless carriers, and asset tracking platforms to understanding the precise geographic location and movement of mobile devices; enhancing the location determination capabilities of a hybrid location system.

Further Reading: Hedge Funds Explained

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

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