Hunting Hill Global Capital LLC Grows Position in Liberty Broadband Co. (NASDAQ:LBRDK)

Hunting Hill Global Capital LLC boosted its holdings in shares of Liberty Broadband Co. (NASDAQ:LBRDK) by 63.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 36,874 shares of the company’s stock after acquiring an additional 14,366 shares during the period. Liberty Broadband comprises about 1.0% of Hunting Hill Global Capital LLC’s portfolio, making the stock its 14th largest position. Hunting Hill Global Capital LLC’s holdings in Liberty Broadband were worth $2,757,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the business. Smartleaf Asset Management LLC lifted its stake in shares of Liberty Broadband by 61.1% during the 4th 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 last quarter. Blue Trust Inc. lifted 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 valued at $36,000 after buying an additional 266 shares during the last quarter. Jones Financial Companies Lllp boosted its holdings in shares of 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. Lee Danner & Bass Inc. purchased a new position in shares of Liberty Broadband in the 4th quarter worth approximately $36,000. Finally, R Squared Ltd bought a new position in shares of Liberty Broadband during the 4th quarter worth approximately $37,000. Hedge funds and other institutional investors own 80.22% of the company’s stock.

Liberty Broadband Trading Up 2.1 %

Liberty Broadband stock opened at $78.22 on Monday. The company has a debt-to-equity ratio of 0.40, a quick ratio of 2.07 and a current ratio of 2.07. The stock has a market cap of $11.21 billion, a PE ratio of 14.41 and a beta of 1.03. The stock has a 50-day moving average of $81.68 and a two-hundred day moving average of $81.50. Liberty Broadband Co. has a one year low of $46.46 and a one year high of $101.50.

Liberty Broadband (NASDAQ:LBRDK) last announced its quarterly earnings data on Thursday, February 27th. The company reported $2.04 EPS for the quarter, missing the consensus estimate of $3.67 by ($1.63). The company had revenue of $253.00 million during 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%. On average, research analysts anticipate that Liberty Broadband Co. will post 7.71 EPS for the current fiscal year.

Analyst Ratings Changes

Separately, StockNews.com started coverage on shares of Liberty Broadband in a research note on Monday, April 14th. They issued a “sell” rating for the company.

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.