Shares of Liberty Broadband Corporation (NASDAQ:LBRDA) have received a consensus rating of “Buy” from the six analysts that are currently covering the company, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. The average 1 year target price among analysts that have covered the stock in the last year is $113.25.

Several analysts have recently commented on LBRDA shares. Telsey Advisory Group reaffirmed an “outperform” rating and issued a $125.00 target price (up previously from $95.00) on shares of Liberty Broadband Corporation in a research report on Thursday, September 7th. Pivotal Research reaffirmed a “buy” rating and issued a $108.00 target price (up previously from $107.00) on shares of Liberty Broadband Corporation in a research report on Tuesday, August 15th. BidaskClub raised Liberty Broadband Corporation from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, August 1st. raised their target price on Liberty Broadband Corporation from $108.00 to $113.00 and gave the stock a “buy” rating in a research report on Wednesday. Finally, TheStreet cut Liberty Broadband Corporation from a “b” rating to a “c+” rating in a research report on Wednesday, August 16th.

Liberty Broadband Corporation (LBRDA) traded down $1.86 on Wednesday, hitting $86.85. The stock had a trading volume of 166,300 shares, compared to its average volume of 133,057. The company has a market cap of $16,131.47, a price-to-earnings ratio of 887.10 and a beta of 1.37. The company has a current ratio of 11.64, a quick ratio of 11.64 and a debt-to-equity ratio of 0.06. Liberty Broadband Corporation has a 1-year low of $66.32 and a 1-year high of $104.35.

Liberty Broadband Corporation (NASDAQ:LBRDA) last released its quarterly earnings data on Thursday, November 9th. The company reported ($0.05) earnings per share for the quarter, missing the consensus estimate of $0.03 by ($0.08). Liberty Broadband Corporation had a return on equity of 0.22% and a net margin of 142.91%.

In related news, Director John C. Malone sold 182,355 shares of Liberty Broadband Corporation stock in a transaction on Friday, August 18th. The stock was sold at an average price of $100.23, for a total transaction of $18,277,441.65. Following the completion of the sale, the director now owns 3,729,985 shares of the company’s stock, valued at $373,856,396.55. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director John C. Malone sold 45,000 shares of Liberty Broadband Corporation stock in a transaction on Monday, October 23rd. The shares were sold at an average price of $93.32, for a total value of $4,199,400.00. The disclosure for this sale can be found here. In the last three months, insiders have sold 481,875 shares of company stock valued at $47,556,849. Insiders own 6.09% of the company’s stock.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. D.A. Davidson & CO. raised its holdings in Liberty Broadband Corporation by 0.8% during the second quarter. D.A. Davidson & CO. now owns 1,604 shares of the company’s stock valued at $137,000 after buying an additional 13 shares in the last quarter. Suntrust Banks Inc. raised its holdings in Liberty Broadband Corporation by 1.1% during the second quarter. Suntrust Banks Inc. now owns 5,470 shares of the company’s stock valued at $469,000 after buying an additional 62 shares in the last quarter. Aviva PLC raised its holdings in Liberty Broadband Corporation by 0.6% during the second quarter. Aviva PLC now owns 14,454 shares of the company’s stock valued at $1,239,000 after buying an additional 80 shares in the last quarter. Janney Montgomery Scott LLC raised its holdings in Liberty Broadband Corporation by 5.9% during the second quarter. Janney Montgomery Scott LLC now owns 2,999 shares of the company’s stock valued at $257,000 after buying an additional 166 shares in the last quarter. Finally, Kirr Marbach & Co. LLC IN raised its holdings in Liberty Broadband Corporation by 0.9% during the second quarter. Kirr Marbach & Co. LLC IN now owns 20,790 shares of the company’s stock valued at $1,784,000 after buying an additional 187 shares in the last quarter. 12.02% of the stock is owned by hedge funds and other institutional investors.

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About Liberty Broadband Corporation

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.

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