Rothschild & Co Wealth Management UK Ltd Buys 6,841 Shares of Liberty Broadband Co. (NASDAQ:LBRDK)

Rothschild & Co Wealth Management UK Ltd raised its stake in shares of Liberty Broadband Co. (NASDAQ:LBRDK) by 0.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 838,969 shares of the company’s stock after purchasing an additional 6,841 shares during the quarter. Liberty Broadband accounts for about 1.1% of Rothschild & Co Wealth Management UK Ltd’s investment portfolio, making the stock its 13th biggest position. Rothschild & Co Wealth Management UK Ltd owned about 0.59% of Liberty Broadband worth $62,721,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of the company. Groupama Asset Managment bought a new position in Liberty Broadband during the 3rd quarter valued at about $25,000. Quarry LP acquired a new position in shares of Liberty Broadband in the 3rd quarter worth approximately $28,000. GAMMA Investing LLC grew its position in Liberty Broadband by 200.7% during the 3rd quarter. GAMMA Investing LLC now owns 424 shares of the company’s stock worth $33,000 after acquiring an additional 283 shares during the last quarter. Capital Advisors Ltd. LLC increased its holdings in Liberty Broadband by 75.8% during the 3rd quarter. Capital Advisors Ltd. LLC now owns 443 shares of the company’s stock valued at $34,000 after purchasing an additional 191 shares in the last quarter. Finally, Brooklyn Investment Group bought a new position in Liberty Broadband in the 3rd quarter valued at $82,000. Institutional investors own 80.22% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com began coverage on shares of Liberty Broadband in a research report on Thursday, January 16th. They set a “sell” rating on the stock.

Liberty Broadband Trading Up 0.7 %

LBRDK opened at $77.33 on Thursday. The firm has a 50 day simple moving average of $80.63 and a 200 day simple moving average of $73.45. Liberty Broadband Co. has a fifty-two week low of $46.46 and a fifty-two week high of $101.50. The company has a market cap of $11.05 billion, a price-to-earnings ratio of 14.24 and a beta of 1.04. The company has a debt-to-equity ratio of 0.40, a current ratio of 2.07 and a quick ratio of 2.07.

Liberty Broadband (NASDAQ:LBRDK) last posted its quarterly earnings results on Thursday, November 7th. The company reported $0.99 earnings per share for the quarter, missing analysts’ consensus estimates of $2.68 by ($1.69). The company had revenue of $262.00 million during the quarter, compared to analyst estimates of $237.41 million. Liberty Broadband had a net margin of 78.07% and a return on equity of 8.45%. During the same period last year, the company earned $1.10 EPS. On average, sell-side analysts anticipate that Liberty Broadband Co. will post 7.71 earnings per share for the current year.

Insider Transactions at Liberty Broadband

In related news, CEO Gregory B. Maffei sold 71,500 shares of the firm’s stock in a transaction on Monday, December 16th. The stock was sold at an average price of $82.00, for a total transaction of $5,863,000.00. Following the sale, the chief executive officer now owns 2,827,013 shares of the company’s stock, valued at approximately $231,815,066. This trade represents a 2.47 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. In the last ninety days, insiders sold 196,542 shares of company stock worth $15,834,108. 10.80% of the stock is currently owned by company insiders.

Liberty Broadband Company Profile

Liberty Broadband Corporation engages in the communications businesses. The company's GCI Holdings segment provides data, wireless, video, voice, and managed services to residential customers, businesses, governmental entities, educational, and medical institutions in Alaska under the GCI brand.