Liberty Broadband Corp (NASDAQ:LBRDA) has been assigned an average recommendation of “Buy” from the six ratings firms that are currently covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating and four have assigned a buy rating to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $113.25.

A number of analysts have commented on the company. Pivotal Research reiterated a “buy” rating and issued a $108.00 price objective (up previously from $107.00) on shares of Liberty Broadband in a research report on Tuesday, August 15th. BidaskClub downgraded Liberty Broadband from a “sell” rating to a “strong sell” rating in a research report on Saturday. TheStreet downgraded Liberty Broadband from a “b” rating to a “c+” rating in a research report on Wednesday, August 16th. raised their target price on Liberty Broadband from $108.00 to $113.00 and gave the stock a “buy” rating in a research report on Wednesday, November 15th. Finally, Telsey Advisory Group restated an “outperform” rating and set a $125.00 target price (up previously from $95.00) on shares of Liberty Broadband in a research report on Thursday, September 7th.

Shares of Liberty Broadband (NASDAQ:LBRDA) opened at $83.79 on Friday. The company has a quick ratio of 11.64, a current ratio of 11.64 and a debt-to-equity ratio of 0.06. Liberty Broadband has a 52-week low of $69.64 and a 52-week high of $104.35. The company has a market capitalization of $15,390.00, a P/E ratio of 846.00 and a beta of 1.33.

Liberty Broadband (NASDAQ:LBRDA) last announced its quarterly earnings data on Thursday, November 9th. The company reported ($0.05) EPS for the quarter, missing the Zacks’ consensus estimate of $0.03 by ($0.08). Liberty Broadband had a return on equity of 0.22% and a net margin of 142.91%. sell-side analysts expect that Liberty Broadband will post 0.13 earnings per share for the current fiscal year.

In other Liberty Broadband news, Director John C. Malone sold 45,000 shares of Liberty Broadband stock in a transaction on Monday, September 25th. The stock was sold at an average price of $94.21, for a total value of $4,239,450.00. Following the completion of the transaction, the director now owns 3,452,779 shares in the company, valued at approximately $325,286,309.59. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director John C. Malone sold 8,550 shares of Liberty Broadband stock in a transaction on Monday, September 18th. The shares were sold at an average price of $98.11, for a total value of $838,840.50. Following the completion of the transaction, the director now owns 3,452,779 shares of the company’s stock, valued at approximately $338,752,147.69. The disclosure for this sale can be found here. Insiders have sold a total of 141,600 shares of company stock valued at $13,372,539 in the last 90 days. 6.09% of the stock is owned by corporate insiders.

A number of institutional investors and hedge funds have recently modified their holdings of LBRDA. D.A. Davidson & CO. raised its position in Liberty Broadband by 0.8% in the 2nd quarter. D.A. Davidson & CO. now owns 1,604 shares of the company’s stock valued at $137,000 after purchasing an additional 13 shares during the last quarter. Quantbot Technologies LP acquired a new stake in shares of Liberty Broadband in the 3rd quarter valued at $140,000. Palladium Partners LLC acquired a new stake in shares of Liberty Broadband in the 3rd quarter valued at $202,000. Trexquant Investment LP acquired a new stake in shares of Liberty Broadband in the 3rd quarter valued at $208,000. Finally, First Republic Investment Management Inc. acquired a new stake in shares of Liberty Broadband in the 3rd quarter valued at $208,000. Hedge funds and other institutional investors own 12.34% of the company’s stock.

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About Liberty Broadband

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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