Liberty Broadband Co. (NASDAQ:LBRDK) Shares Sold by Seizert Capital Partners LLC

Seizert Capital Partners LLC decreased its position in Liberty Broadband Co. (NASDAQ:LBRDK) by 33.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 95,936 shares of the company’s stock after selling 47,832 shares during the quarter. Seizert Capital Partners LLC owned about 0.07% of Liberty Broadband worth $7,172,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. Groupama Asset Managment acquired a new position in Liberty Broadband in the third quarter worth approximately $25,000. Quarry LP acquired a new position in shares of Liberty Broadband in the 3rd quarter worth $28,000. Smartleaf Asset Management LLC raised its position in shares of Liberty Broadband by 61.1% during the fourth quarter. Smartleaf Asset Management LLC now owns 406 shares of the company’s stock worth $30,000 after purchasing an additional 154 shares during the period. Blue Trust Inc. raised its position 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 during the period. Finally, Jones Financial Companies Lllp lifted its holdings in shares of Liberty Broadband by 138.0% during the fourth quarter. Jones Financial Companies Lllp now owns 488 shares of the company’s stock valued at $36,000 after purchasing an additional 283 shares during the last quarter. Institutional investors own 80.22% of the company’s stock.

Insider Buying and Selling at Liberty Broadband

In other Liberty Broadband news, CEO Gregory B. Maffei sold 71,500 shares of the stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of $82.00, for a total value of $5,863,000.00. Following the completion of the sale, the chief executive officer now owns 2,827,013 shares in the company, valued at $231,815,066. This represents a 2.47 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 10.80% of the company’s stock.

Liberty Broadband Trading Down 0.6 %

NASDAQ LBRDK opened at $83.86 on Wednesday. The firm’s 50 day moving average price is $78.25 and its two-hundred day moving average price is $77.55. The stock has a market cap of $11.98 billion, a price-to-earnings ratio of 15.44 and a beta of 1.04. Liberty Broadband Co. has a twelve month low of $46.46 and a twelve month high of $101.50. The company has a debt-to-equity ratio of 0.40, a quick ratio of 2.07 and a current ratio of 2.07.

Liberty Broadband (NASDAQ:LBRDK) last issued 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 analysts’ expectations of $252.50 million. Liberty Broadband had a net margin of 78.07% and a return on equity of 8.45%. Equities analysts anticipate that Liberty Broadband Co. will post 7.71 EPS for the current year.

Wall Street Analysts Forecast Growth

Separately, StockNews.com assumed coverage on Liberty Broadband in a report on Wednesday. They set a “sell” rating on the stock.

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.