American Century Companies Inc. Has $3.16 Million Stake in Liberty Broadband Corporation $LBRDK

American Century Companies Inc. boosted its holdings in shares of Liberty Broadband Corporation (NASDAQ:LBRDK) by 7.5% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 37,106 shares of the company’s stock after purchasing an additional 2,588 shares during the period. American Century Companies Inc.’s holdings in Liberty Broadband were worth $3,156,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Dimensional Fund Advisors LP increased its holdings in Liberty Broadband by 13.5% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,310,698 shares of the company’s stock valued at $196,522,000 after purchasing an additional 275,354 shares in the last quarter. Kovitz Investment Group Partners LLC increased its stake in shares of Liberty Broadband by 35.5% in the 1st quarter. Kovitz Investment Group Partners LLC now owns 4,630 shares of the company’s stock valued at $394,000 after buying an additional 1,214 shares during the period. Boston Partners acquired a new stake in shares of Liberty Broadband in the 1st quarter valued at $3,450,000. Russell Investments Group Ltd. increased its stake in shares of Liberty Broadband by 80.3% in the 1st quarter. Russell Investments Group Ltd. now owns 23,290 shares of the company’s stock valued at $1,981,000 after buying an additional 10,371 shares during the period. Finally, SouthState Corp acquired a new stake in shares of Liberty Broadband in the 1st quarter valued at $25,000. 80.22% of the stock is owned by institutional investors and hedge funds.

Liberty Broadband Stock Up 0.6%

Shares of Liberty Broadband stock opened at $60.86 on Friday. The company has a quick ratio of 0.60, a current ratio of 0.60 and a debt-to-equity ratio of 0.26. Liberty Broadband Corporation has a 12 month low of $57.91 and a 12 month high of $104.00. The business has a fifty day simple moving average of $77.30 and a 200 day simple moving average of $83.41. The stock has a market cap of $8.73 billion, a PE ratio of 8.03 and a beta of 0.96.

Analyst Ratings Changes

Separately, Wall Street Zen raised Liberty Broadband to a “hold” rating in a research note on Saturday, July 12th.

Liberty Broadband 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.