2,371 Shares in Liberty Broadband Corporation $LBRDK Bought by Plancorp LLC

Plancorp LLC acquired a new position in shares of Liberty Broadband Corporation (NASDAQ:LBRDK) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 2,371 shares of the company’s stock, valued at approximately $233,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Public Employees Retirement System of Ohio grew its holdings in shares of Liberty Broadband by 2.1% during the second quarter. Public Employees Retirement System of Ohio now owns 35,130 shares of the company’s stock worth $3,456,000 after buying an additional 729 shares during the last quarter. Yarbrough Capital LLC acquired a new stake in Liberty Broadband during the 2nd quarter worth approximately $1,094,000. Fortitude Family Office LLC purchased a new position in shares of Liberty Broadband in the 2nd quarter valued at approximately $48,000. GAMMA Investing LLC grew its stake in shares of Liberty Broadband by 39.2% in the 2nd quarter. GAMMA Investing LLC now owns 589 shares of the company’s stock valued at $58,000 after purchasing an additional 166 shares during the last quarter. Finally, Contravisory Investment Management Inc. increased its holdings in shares of Liberty Broadband by 0.5% in the second quarter. Contravisory Investment Management Inc. now owns 109,747 shares of the company’s stock valued at $10,797,000 after purchasing an additional 566 shares during the period. 80.22% of the stock is owned by hedge funds and other institutional investors.

Liberty Broadband Stock Performance

Shares of LBRDK stock opened at $62.21 on Friday. The company has a current ratio of 0.60, a quick ratio of 0.60 and a debt-to-equity ratio of 0.26. The stock has a 50 day simple moving average of $63.93 and a 200-day simple moving average of $80.50. The company has a market cap of $8.93 billion, a price-to-earnings ratio of 8.21 and a beta of 0.97. Liberty Broadband Corporation has a 12-month low of $57.75 and a 12-month high of $104.00.

Analyst Ratings Changes

Separately, Wall Street Zen raised Liberty Broadband to a “hold” rating in a report on Saturday, July 12th.

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.