Brokers have set a 12-month consensus price target of $91.00 for the company and are expecting that the company will post $0.14 earnings per share for the current quarter, according to Zacks. Zacks has also assigned Liberty Broadband Corp an industry rank of 62 out of 265 based on the ratings given to its competitors. Liberty Broadband Corp (NASDAQ:LBRDK) has been assigned an average broker rating score of 3.00 (Hold) from the one analysts that provide coverage for the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a hold recommendation. Several research firms have recently weighed in on LBRDK.
TheStreet upgraded shares of Liberty Broadband Corp from a “c+” rating to a “b-” rating in a research report on Tuesday, March 14th. Zacks Investment Research upgraded shares of Liberty Broadband Corp from a “strong sell” rating to a “hold” rating in a research report on Tuesday, January 31st. Several hedge funds have recently bought and sold shares of LBRDK. Creative Planning boosted its stake in Liberty Broadband Corp by 0.4% in the first quarter. Creative Planning now owns 5,746 shares of the company’s stock valued at $496,000 after buying an additional 22 shares during the period. Advisor Group Inc. raised its position in Liberty Broadband Corp by 1.8% in the third quarter.
Advisor Group Inc. now owns 1,633 shares of the company’s stock valued at $118,000 after buying an additional 29 shares in the last quarter. Gardner Lewis Asset Management L P raised its position in Liberty Broadband Corp by 0.7% in the fourth quarter. Gardner Lewis Asset Management L P now owns 28,174 shares of the company’s stock valued at $2,087,000 after buying an additional 185 shares in the last quarter. Brown Advisory Inc. raised its position in Liberty Broadband Corp by 1.9% in the fourth quarter. Brown Advisory Inc. now owns 21,377 shares of the company’s stock valued at $1,583,000 after buying an additional 389 shares in the last quarter. Finally, First Trust Advisors LP raised its position in Liberty Broadband Corp by 2.4% in the third quarter.
First Trust Advisors LP now owns 21,002 shares of the company’s stock valued at $1,501,000 after buying an additional 500 shares in the last quarter. Hedge funds and other institutional investors own 65.80% of the company’s stock. Liberty Broadband Corp (NASDAQ:LBRDK) traded up 0.83% during midday trading on Thursday, hitting $88.60.
132,469 shares of the stock were exchanged. Liberty Broadband Corp has a 1-year low of $54.45 and a 1-year high of $89.75. The firm has a market capitalization of $16.11 billion, a P/E ratio of 14.77 and a beta of 1.47. The firm’s 50-day moving average price is $86.15 and its 200 day moving average price is $77.71.
Liberty Broadband Corp Company Profile
Liberty Broadband Corporation holds interest in Charter Communications, Inc (Charter) and its subsidiary Skyhook Holding, Inc (Skyhook). The Company’s segments include Skyhook, Charter, and Corporate and other.
Skyhook provides a wireless fidelity (Wi-Fi)-based location platform focused on providing positioning technology and contextual location intelligence solutions.
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