Resonant Capital Advisors LLC Purchases 185 Shares of Liberty Broadband Corporation $LBRDK

Resonant Capital Advisors LLC raised its position in shares of Liberty Broadband Corporation (NASDAQ:LBRDK) by 4.4% during the second quarter, HoldingsChannel.com reports. The fund owned 4,382 shares of the company’s stock after buying an additional 185 shares during the quarter. Resonant Capital Advisors LLC’s holdings in Liberty Broadband were worth $431,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Dimensional Fund Advisors LP raised its position in shares of Liberty Broadband by 13.5% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,310,698 shares of the company’s stock worth $196,522,000 after acquiring an additional 275,354 shares in the last quarter. Madison Asset Management LLC grew its stake in Liberty Broadband by 8.5% during the first quarter. Madison Asset Management LLC now owns 1,781,745 shares of the company’s stock worth $151,537,000 after purchasing an additional 140,307 shares during the period. Adage Capital Partners GP L.L.C. increased its holdings in Liberty Broadband by 21.2% in the first quarter. Adage Capital Partners GP L.L.C. now owns 1,491,606 shares of the company’s stock worth $126,861,000 after purchasing an additional 260,470 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its stake in Liberty Broadband by 4.8% in the first quarter. Charles Schwab Investment Management Inc. now owns 1,019,711 shares of the company’s stock valued at $86,726,000 after buying an additional 47,167 shares during the period. Finally, Hsbc Holdings PLC lifted its stake in Liberty Broadband by 6,649.1% in the first quarter. Hsbc Holdings PLC now owns 878,124 shares of the company’s stock valued at $73,923,000 after buying an additional 865,113 shares during the period. 80.22% of the stock is currently owned by institutional investors and hedge funds.

Liberty Broadband Trading Up 0.3%

NASDAQ LBRDK opened at $56.52 on Tuesday. The company has a quick ratio of 0.60, a current ratio of 0.60 and a debt-to-equity ratio of 0.26. Liberty Broadband Corporation has a 52 week low of $56.13 and a 52 week high of $104.00. The business has a 50 day moving average price of $60.80 and a 200-day moving average price of $77.18. The company has a market cap of $8.11 billion, a price-to-earnings ratio of 7.46 and a beta of 1.01.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on LBRDK. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Liberty Broadband in a research report on Wednesday, October 8th. Wall Street Zen upgraded shares of Liberty Broadband to a “hold” rating in a report on Saturday, July 12th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, the company presently has an average rating of “Hold”.

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.