Rothschild & Co Wealth Management UK Ltd Has $62.72 Million Holdings in Liberty Broadband Co. (NASDAQ:LBRDK)

Rothschild & Co Wealth Management UK Ltd increased its holdings in shares of Liberty Broadband Co. (NASDAQ:LBRDK) by 0.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 838,969 shares of the company’s stock after purchasing an additional 6,841 shares during the quarter. Liberty Broadband makes up about 1.1% of Rothschild & Co Wealth Management UK Ltd’s investment portfolio, making the stock its 13th biggest holding. Rothschild & Co Wealth Management UK Ltd’s holdings in Liberty Broadband were worth $62,721,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Groupama Asset Managment bought a new position in shares of Liberty Broadband in the 3rd quarter valued at about $25,000. Quarry LP bought a new position in shares of Liberty Broadband in the 3rd quarter valued at about $28,000. GAMMA Investing LLC grew its position in shares of Liberty Broadband by 200.7% in the 3rd quarter. GAMMA Investing LLC now owns 424 shares of the company’s stock valued at $33,000 after acquiring an additional 283 shares during the period. Capital Advisors Ltd. LLC grew its position in shares of Liberty Broadband by 75.8% in the 3rd quarter. Capital Advisors Ltd. LLC now owns 443 shares of the company’s stock valued at $34,000 after acquiring an additional 191 shares during the period. Finally, Brooklyn Investment Group bought a new position in shares of Liberty Broadband in the 3rd quarter valued at about $82,000. 80.22% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, StockNews.com began coverage on shares of Liberty Broadband in a research note on Thursday, January 16th. They set a “sell” rating for the company.

Insider Buying and Selling

In related news, CEO Gregory B. Maffei sold 71,500 shares of the stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of $82.00, for a total value of $5,863,000.00. Following the completion of the transaction, the chief executive officer now owns 2,827,013 shares of the company’s stock, valued at $231,815,066. This represents a 2.47 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Over the last quarter, insiders have sold 196,542 shares of company stock worth $15,834,108. Company insiders own 10.80% of the company’s stock.

Liberty Broadband Stock Performance

NASDAQ LBRDK opened at $77.33 on Thursday. The firm has a 50-day moving average of $80.63 and a 200-day moving average of $73.45. The company has a debt-to-equity ratio of 0.40, a quick ratio of 2.07 and a current ratio of 2.07. The stock has a market cap of $11.05 billion, a PE ratio of 14.24 and a beta of 1.04. Liberty Broadband Co. has a 52-week low of $46.46 and a 52-week high of $101.50.

Liberty Broadband (NASDAQ:LBRDK) last posted its earnings results on Thursday, November 7th. The company reported $0.99 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.68 by ($1.69). Liberty Broadband had a return on equity of 8.45% and a net margin of 78.07%. The company had revenue of $262.00 million for the quarter, compared to analyst estimates of $237.41 million. During the same quarter in the prior year, the business posted $1.10 EPS. On average, sell-side analysts anticipate that Liberty Broadband Co. will post 7.71 EPS for the current year.

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.