Liberty Broadband Co. (NASDAQ:LBRDK) Shares Bought by Hunting Hill Global Capital LLC

Hunting Hill Global Capital LLC raised its position in Liberty Broadband Co. (NASDAQ:LBRDK) by 63.8% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 36,874 shares of the company’s stock after buying an additional 14,366 shares during the period. Liberty Broadband comprises 1.0% of Hunting Hill Global Capital LLC’s investment portfolio, making the stock its 14th biggest position. Hunting Hill Global Capital LLC’s holdings in Liberty Broadband were worth $2,757,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Smartleaf Asset Management LLC grew its stake in Liberty Broadband by 61.1% in the 4th quarter. Smartleaf Asset Management LLC now owns 406 shares of the company’s stock valued at $30,000 after acquiring an additional 154 shares during the period. Blue Trust Inc. increased its stake in shares of Liberty Broadband by 134.3% during the fourth quarter. Blue Trust Inc. now owns 464 shares of the company’s stock worth $36,000 after purchasing an additional 266 shares in the last quarter. Lee Danner & Bass Inc. acquired a new position in shares of Liberty Broadband during the 4th quarter worth about $36,000. Jones Financial Companies Lllp lifted its stake in Liberty Broadband by 138.0% in the 4th quarter. Jones Financial Companies Lllp now owns 488 shares of the company’s stock valued at $36,000 after buying an additional 283 shares in the last quarter. Finally, R Squared Ltd acquired a new stake in Liberty Broadband in the 4th quarter worth about $37,000. Institutional investors and hedge funds own 80.22% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com initiated coverage on Liberty Broadband in a report on Monday, April 14th. They set a “sell” rating for the company.

Liberty Broadband Trading Up 2.1 %

Shares of LBRDK opened at $78.22 on Monday. Liberty Broadband Co. has a 52-week low of $46.46 and a 52-week high of $101.50. The stock has a market cap of $11.21 billion, a PE ratio of 14.41 and a beta of 1.03. The firm’s fifty day moving average is $81.68 and its two-hundred day moving average is $81.50. The company has a quick ratio of 2.07, a current ratio of 2.07 and a debt-to-equity ratio of 0.40.

Liberty Broadband (NASDAQ:LBRDK) last posted its quarterly earnings results on Thursday, February 27th. The company reported $2.04 earnings per share for the quarter, missing analysts’ consensus estimates of $3.67 by ($1.63). The business had revenue of $253.00 million for the quarter, compared to analyst estimates of $252.50 million. Liberty Broadband had a return on equity of 8.45% and a net margin of 78.07%. Research analysts forecast that Liberty Broadband Co. will post 7.71 earnings per share for the current fiscal year.

About Liberty Broadband

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.