2,390 Shares in Liberty Broadband Corporation $LBRDK Purchased by Focus Partners Advisor Solutions LLC

Focus Partners Advisor Solutions LLC acquired a new position in Liberty Broadband Corporation (NASDAQ:LBRDK) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 2,390 shares of the company’s stock, valued at approximately $234,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in LBRDK. Hsbc Holdings PLC increased its position in Liberty Broadband by 6,649.1% in the first quarter. Hsbc Holdings PLC now owns 878,124 shares of the company’s stock worth $73,923,000 after purchasing an additional 865,113 shares during the period. Goldman Sachs Group Inc. increased its position in Liberty Broadband by 94.3% in the first quarter. Goldman Sachs Group Inc. now owns 778,238 shares of the company’s stock worth $66,189,000 after purchasing an additional 377,602 shares during the period. Jane Street Group LLC increased its position in Liberty Broadband by 283.7% in the first quarter. Jane Street Group LLC now owns 396,532 shares of the company’s stock worth $33,725,000 after purchasing an additional 293,176 shares during the period. Dimensional Fund Advisors LP increased its position in Liberty Broadband by 13.5% in the first quarter. Dimensional Fund Advisors LP now owns 2,310,698 shares of the company’s stock worth $196,522,000 after purchasing an additional 275,354 shares during the period. Finally, Adage Capital Partners GP L.L.C. grew its position in shares of Liberty Broadband by 21.2% during the 1st quarter. Adage Capital Partners GP L.L.C. now owns 1,491,606 shares of the company’s stock worth $126,861,000 after buying an additional 260,470 shares during the period. 80.22% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on LBRDK shares. Wall Street Zen upgraded Liberty Broadband to a “hold” rating in a research report on Saturday, July 12th. Weiss Ratings restated a “hold (c-)” rating on shares of Liberty Broadband in a research report on Friday. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, the company presently has a consensus rating of “Hold”.

Liberty Broadband Trading Up 1.2%

NASDAQ LBRDK opened at $53.82 on Friday. Liberty Broadband Corporation has a 52 week low of $49.59 and a 52 week high of $104.00. The stock has a market capitalization of $7.72 billion, a price-to-earnings ratio of 7.10 and a beta of 1.01. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.60 and a current ratio of 0.60. The stock’s 50 day moving average price is $60.24 and its two-hundred day moving average price is $76.54.

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.