Healthcare of Ontario Pension Plan Trust Fund Increases Holdings in Liberty Broadband Corporation $LBRDK

Healthcare of Ontario Pension Plan Trust Fund increased its position in shares of Liberty Broadband Corporation (NASDAQ:LBRDK) by 364.2% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 171,064 shares of the company’s stock after purchasing an additional 134,215 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund owned 0.12% of Liberty Broadband worth $8,605,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Integrated Wealth Concepts LLC raised its position in Liberty Broadband by 4.4% during the 1st quarter. Integrated Wealth Concepts LLC now owns 4,092 shares of the company’s stock worth $348,000 after buying an additional 174 shares during the last quarter. Mariner LLC lifted its stake in Liberty Broadband by 3.4% during the 3rd quarter. Mariner LLC now owns 6,958 shares of the company’s stock valued at $442,000 after acquiring an additional 226 shares during the period. Fiduciary Alliance LLC boosted its holdings in shares of Liberty Broadband by 3.9% in the 1st quarter. Fiduciary Alliance LLC now owns 6,211 shares of the company’s stock valued at $319,000 after acquiring an additional 236 shares during the last quarter. Captrust Financial Advisors boosted its holdings in shares of Liberty Broadband by 4.6% in the 2nd quarter. Captrust Financial Advisors now owns 5,376 shares of the company’s stock valued at $529,000 after acquiring an additional 237 shares during the last quarter. Finally, Public Employees Retirement System of Ohio increased its stake in shares of Liberty Broadband by 0.7% in the third quarter. Public Employees Retirement System of Ohio now owns 35,369 shares of the company’s stock worth $2,247,000 after acquiring an additional 239 shares during the period. Hedge funds and other institutional investors own 80.22% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on LBRDK shares. Weiss Ratings reissued a “sell (d)” rating on shares of Liberty Broadband in a report on Wednesday, June 24th. Wall Street Zen raised shares of Liberty Broadband from a “strong sell” rating to a “sell” rating in a report on Saturday, May 2nd. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Liberty Broadband Trading Up 6.3%

Shares of NASDAQ:LBRDK opened at $32.87 on Wednesday. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.27. Liberty Broadband Corporation has a 12-month low of $26.25 and a 12-month high of $68.17. The business has a 50 day moving average of $31.82 and a two-hundred day moving average of $42.65. The company has a market capitalization of $4.72 billion, a PE ratio of -1.71 and a beta of 0.65.

Liberty Broadband Company Profile

Liberty Broadband Corporation is a publicly traded holding company that principally invests in broadband and cable businesses. Established in 2014 as a spin-off from Liberty Interactive Corporation, the company was designed to provide investors with targeted exposure to high-growth broadband assets. Headquartered in Englewood, Colorado, Liberty Broadband uses a tracking-stock structure to reflect the performance of its key investments rather than operating a stand-alone service business.

The company’s primary asset is its substantial equity interest in Charter Communications, one of the largest cable and broadband providers in the United States.