Seizert Capital Partners LLC Increases Holdings in Liberty Broadband Corporation (NASDAQ:LBRDA)

Seizert Capital Partners LLC lifted its position in Liberty Broadband Corporation (NASDAQ:LBRDA) by 12.0% in the first quarter, Holdings Channel reports. The firm owned 474,628 shares of the company’s stock after buying an additional 50,733 shares during the period. Liberty Broadband accounts for 1.8% of Seizert Capital Partners LLC’s investment portfolio, making the stock its 25th largest holding. Seizert Capital Partners LLC’s holdings in Liberty Broadband were worth $40,343,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of the company. PAX Financial Group LLC boosted its holdings in shares of Liberty Broadband by 1.1% in the fourth quarter. PAX Financial Group LLC now owns 13,799 shares of the company’s stock valued at $1,026,000 after purchasing an additional 144 shares during the period. Farther Finance Advisors LLC lifted its holdings in Liberty Broadband by 54.2% during the first quarter. Farther Finance Advisors LLC now owns 566 shares of the company’s stock worth $48,000 after buying an additional 199 shares during the period. S&CO Inc. lifted its holdings in Liberty Broadband by 0.3% during the first quarter. S&CO Inc. now owns 81,205 shares of the company’s stock worth $6,902,000 after buying an additional 226 shares during the period. Stifel Financial Corp lifted its holdings in Liberty Broadband by 1.4% during the fourth quarter. Stifel Financial Corp now owns 16,307 shares of the company’s stock worth $1,213,000 after buying an additional 230 shares during the period. Finally, Gamco Investors INC. ET AL lifted its holdings in Liberty Broadband by 0.5% during the fourth quarter. Gamco Investors INC. ET AL now owns 43,407 shares of the company’s stock worth $3,228,000 after buying an additional 232 shares during the period. Hedge funds and other institutional investors own 10.29% of the company’s stock.

Liberty Broadband Stock Down 5.7%

Liberty Broadband stock opened at $63.58 on Wednesday. The business has a fifty day moving average of $91.80 and a two-hundred day moving average of $85.33. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 0.35. The firm has a market cap of $9.11 billion, a P/E ratio of 10.16 and a beta of 1.00. Liberty Broadband Corporation has a twelve month low of $57.34 and a twelve month high of $102.38.

Liberty Broadband (NASDAQ:LBRDA) last posted its earnings results on Wednesday, May 7th. The company reported $1.87 earnings per share for the quarter, topping analysts’ consensus estimates of $1.20 by $0.67. The company had revenue of $266.00 million during the quarter, compared to analyst estimates of $248.60 million. Liberty Broadband had a return on equity of 9.24% and a net margin of 86.40%.

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. Its Charter segment offers subscription-based Internet and video services, and mobile and voice services; and state-of-the-art residential and business services, which includes Spectrum Internet, TV, mobile and voice for small and medium-sized companies; Spectrum Business provides a suite of broadband products and services for businesses and government application; Spectrum Enterprise offers customized fiber-based solutions; Spectrum Reach provides advertising and production for the modern media landscape.