4,960 Shares in Liberty Broadband Co. (NASDAQ:LBRDA) Acquired by Sei Investments Co.

Sei Investments Co. purchased a new stake in Liberty Broadband Co. (NASDAQ:LBRDA) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 4,960 shares of the company’s stock, valued at approximately $832,000.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Clearbridge Investments LLC lifted its stake in Liberty Broadband by 0.9% in the first quarter. Clearbridge Investments LLC now owns 1,354,610 shares of the company’s stock valued at $196,622,000 after buying an additional 11,691 shares during the period. BlackRock Inc. lifted its stake in Liberty Broadband by 7.9% in the first quarter. BlackRock Inc. now owns 1,244,501 shares of the company’s stock valued at $180,640,000 after buying an additional 90,672 shares during the period. Franklin Resources Inc. lifted its stake in Liberty Broadband by 0.4% in the first quarter. Franklin Resources Inc. now owns 766,738 shares of the company’s stock valued at $111,292,000 after buying an additional 3,014 shares during the period. State of Wisconsin Investment Board lifted its stake in Liberty Broadband by 3.3% in the first quarter. State of Wisconsin Investment Board now owns 419,769 shares of the company’s stock valued at $60,929,000 after buying an additional 13,338 shares during the period. Finally, Seizert Capital Partners LLC lifted its stake in Liberty Broadband by 2.7% in the second quarter. Seizert Capital Partners LLC now owns 196,143 shares of the company’s stock valued at $32,985,000 after buying an additional 5,071 shares during the period. 11.58% of the stock is currently owned by hedge funds and other institutional investors.

NASDAQ LBRDA opened at $170.00 on Wednesday. The company has a market cap of $30.91 billion, a price-to-earnings ratio of 71.13 and a beta of 1.05. Liberty Broadband Co. has a 52 week low of $133.51 and a 52 week high of $188.76. The business has a 50 day moving average price of $176.25 and a 200-day moving average price of $163.25. The company has a quick ratio of 0.71, a current ratio of 0.71 and a debt-to-equity ratio of 0.32.

Liberty Broadband Profile

Liberty Broadband Corp. operates as a holding company, which engages in the cable, broadband and mobile location technology businesses. It operates through its subsidiaries, Charter Communications, Inc and TruePosition, Inc The company was founded on March 28, 1991 and is headquartered in Englewood, CO.

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

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