Liberty Broadband Co. (NASDAQ:LBRDK) Shares Sold by Hyperion Capital Advisors LP

Hyperion Capital Advisors LP cut its holdings in Liberty Broadband Co. (NASDAQ:LBRDK) by 16.7% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 77,145 shares of the company’s stock after selling 15,500 shares during the period. Liberty Broadband comprises approximately 3.0% of Hyperion Capital Advisors LP’s holdings, making the stock its 12th biggest position. Hyperion Capital Advisors LP’s holdings in Liberty Broadband were worth $5,767,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of LBRDK. Ameriprise Financial Inc. lifted its position in Liberty Broadband by 0.5% in the 4th quarter. Ameriprise Financial Inc. now owns 27,909 shares of the company’s stock valued at $2,086,000 after purchasing an additional 131 shares during the last quarter. Smartleaf Asset Management LLC raised its stake in Liberty Broadband by 61.1% during the 4th quarter. Smartleaf Asset Management LLC now owns 406 shares of the company’s stock valued at $30,000 after acquiring an additional 154 shares in the last quarter. CIBC Asset Management Inc increased its stake in Liberty Broadband by 5.6% during the 4th quarter. CIBC Asset Management Inc now owns 3,757 shares of the company’s stock valued at $281,000 after buying an additional 199 shares during the period. Handelsbanken Fonder AB raised its holdings in Liberty Broadband by 0.6% during the fourth quarter. Handelsbanken Fonder AB now owns 33,300 shares of the company’s stock worth $2,490,000 after purchasing an additional 200 shares in the last quarter. Finally, Wealthspire Advisors LLC lifted its holdings in shares of Liberty Broadband by 5.7% in the fourth quarter. Wealthspire Advisors LLC now owns 4,543 shares of the company’s stock valued at $340,000 after buying an additional 244 shares during the period. Institutional investors own 80.22% of the company’s stock.

Liberty Broadband Stock Performance

LBRDK stock opened at $92.97 on Friday. The company has a market capitalization of $13.32 billion, a price-to-earnings ratio of 17.12 and a beta of 1.02. The firm has a 50 day moving average of $83.28 and a two-hundred day moving average of $82.26. The company has a quick ratio of 2.07, a current ratio of 2.07 and a debt-to-equity ratio of 0.40. Liberty Broadband Co. has a 12 month low of $49.38 and a 12 month high of $101.50.

Liberty Broadband (NASDAQ:LBRDK) last posted its earnings results on Wednesday, May 7th. The company reported $1.87 earnings per share for the quarter. Liberty Broadband had a return on equity of 8.45% and a net margin of 78.07%. The firm had revenue of $256.00 million during the quarter. As a group, equities analysts anticipate that Liberty Broadband Co. will post 7.71 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Separately, StockNews.com began coverage on Liberty Broadband in a research note on Thursday. They set a “sell” rating for the company.

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.