Liberty Broadband Co. (NASDAQ:LBRDK) is Athos Capital Ltd’s 5th Largest Position

Athos Capital Ltd trimmed its holdings in shares of Liberty Broadband Co. (NASDAQ:LBRDK) by 3.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 57,900 shares of the company’s stock after selling 2,100 shares during the quarter. Liberty Broadband makes up approximately 2.0% of Athos Capital Ltd’s investment portfolio, making the stock its 5th largest position. Athos Capital Ltd’s holdings in Liberty Broadband were worth $4,329,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Groupama Asset Managment acquired a new stake in Liberty Broadband in the 3rd quarter worth about $25,000. Quarry LP purchased a new position in shares of Liberty Broadband in the third quarter valued at approximately $28,000. Smartleaf Asset Management LLC boosted its stake in shares of Liberty Broadband by 61.1% in the fourth quarter. Smartleaf Asset Management LLC now owns 406 shares of the company’s stock worth $30,000 after acquiring an additional 154 shares during the last quarter. Blue Trust Inc. increased 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 in the last quarter. Finally, Jones Financial Companies Lllp raised 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 purchasing an additional 283 shares during the last quarter. Hedge funds and other institutional investors own 80.22% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com initiated coverage on shares of Liberty Broadband in a report on Saturday, March 29th. They set a “sell” rating for the company.

Liberty Broadband Trading Down 3.5 %

Shares of Liberty Broadband stock opened at $84.52 on Friday. Liberty Broadband Co. has a 1-year low of $46.46 and a 1-year high of $101.50. The company has a debt-to-equity ratio of 0.40, a current ratio of 2.07 and a quick ratio of 2.07. The stock has a market cap of $12.11 billion, a P/E ratio of 15.57 and a beta of 1.06. The stock’s 50 day simple moving average is $81.91 and its 200-day simple moving average is $80.81.

Liberty Broadband (NASDAQ:LBRDK) last released its quarterly earnings data 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). Liberty Broadband had a return on equity of 8.45% and a net margin of 78.07%. The company had revenue of $253.00 million for the quarter, compared to analyst estimates of $252.50 million. Analysts predict that Liberty Broadband Co. will post 7.71 EPS for the current fiscal year.

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.