Liberty Broadband Corp Series A (LBRDA) Holdings Lowered by Gamco Investors INC. ET AL

Gamco Investors INC. ET AL lowered its position in shares of Liberty Broadband Corp Series A (NASDAQ:LBRDA) by 5.3% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 111,942 shares of the company’s stock after selling 6,220 shares during the quarter. Gamco Investors INC. ET AL owned 0.06% of Liberty Broadband Corp Series A worth $9,440,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently bought and sold shares of the business. Citadel Advisors LLC increased its stake 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 purchasing an additional 37,999 shares during the last quarter. BancorpSouth Bank purchased a new stake in shares of Liberty Broadband Corp Series A during the 3rd quarter worth approximately $253,000. We Are One Seven LLC purchased a new stake in shares of Liberty Broadband Corp Series A during the 3rd quarter worth approximately $242,000. State of Alaska Department of Revenue increased its stake 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 purchasing an additional 800 shares during the last quarter. Finally, Los Angeles Capital Management & Equity Research Inc. increased its stake 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 purchasing an additional 37,355 shares during the last quarter. 12.12% of the stock is currently owned by hedge funds and other institutional investors.

Liberty Broadband Corp Series A stock opened at $82.07 on Friday. Liberty Broadband Corp Series A has a 1-year low of $67.75 and a 1-year high of $98.53. The company has a market capitalization of $15.28 billion, a P/E ratio of 7.52 and a beta of 1.24. The company has a quick ratio of 9.56, a current ratio of 9.56 and a debt-to-equity ratio of 0.05.

Liberty Broadband Corp Series A (NASDAQ:LBRDA) last announced its quarterly earnings results on Thursday, November 8th. The company reported $0.33 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.35 by ($0.02). Liberty Broadband Corp Series A had a net margin of 9,565.99% and a return on equity of 20.10%. Sell-side analysts forecast that Liberty Broadband Corp Series A will post 0.49 EPS for the current year.

A number of research firms recently weighed in on LBRDA. BidaskClub lowered shares of Liberty Broadband Corp Series A from a “hold” rating to a “sell” rating in a research note on Tuesday, July 31st. ValuEngine upgraded shares of Liberty Broadband Corp Series A from a “sell” rating to a “hold” rating in a research note on Tuesday, October 16th. Zacks Investment Research upgraded shares of Liberty Broadband Corp Series A from a “strong sell” rating to a “hold” rating in a research note on Tuesday, July 31st. TheStreet upgraded shares of Liberty Broadband Corp Series A from a “c+” rating to a “b” rating in a research note on Tuesday. Finally, Deutsche Bank reduced their price objective 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 analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Liberty Broadband Corp Series A has an average rating of “Buy” and an average price target of $105.60.

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About Liberty Broadband Corp Series A

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.

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

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