Integrated Investment Consultants LLC Has $228,000 Stake in Liberty Broadband Co. (NASDAQ:LBRDA)

Integrated Investment Consultants LLC reduced its position in Liberty Broadband Co. (NASDAQ:LBRDA) by 8.9% during the fourth quarter, Holdings Channel.com reports. The firm owned 3,066 shares of the company’s stock after selling 298 shares during the quarter. Integrated Investment Consultants LLC’s holdings in Liberty Broadband were worth $228,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Long Focus Capital Management LLC raised its stake in shares of Liberty Broadband by 61.9% in the second quarter. Long Focus Capital Management LLC now owns 370,100 shares of the company’s stock worth $20,207,000 after purchasing an additional 141,500 shares during the last quarter. Dimensional Fund Advisors LP raised its position in Liberty Broadband by 38.3% in the 2nd quarter. Dimensional Fund Advisors LP now owns 376,293 shares of the company’s stock valued at $20,544,000 after buying an additional 104,268 shares during the last quarter. Verition Fund Management LLC bought a new position in Liberty Broadband during the 3rd quarter valued at $6,402,000. Mirabella Financial Services LLP bought a new position in Liberty Broadband during the 3rd quarter valued at $3,669,000. Finally, Centiva Capital LP purchased a new position in Liberty Broadband during the 3rd quarter worth $2,261,000. Institutional investors own 10.29% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the stock. Rosenblatt Securities lowered shares of Liberty Broadband from a “buy” rating to a “neutral” rating and raised their price target for the company from $91.00 to $92.00 in a research report on Thursday, November 14th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $95.00 target price (up previously from $90.00) on shares of Liberty Broadband in a research report on Friday, November 15th.

Liberty Broadband Price Performance

Shares of NASDAQ:LBRDA opened at $75.53 on Friday. The company has a market capitalization of $10.79 billion, a P/E ratio of 13.91 and a beta of 1.06. The company’s 50-day moving average is $80.84 and its 200 day moving average is $72.28. The company has a debt-to-equity ratio of 0.40, a quick ratio of 2.07 and a current ratio of 2.07. Liberty Broadband Co. has a fifty-two week low of $47.17 and a fifty-two week high of $100.44.

Liberty Broadband (NASDAQ:LBRDA) last released its earnings results on Thursday, November 7th. The company reported $0.99 earnings per share for the quarter, missing analysts’ consensus estimates of $1.65 by ($0.66). Liberty Broadband had a net margin of 78.07% and a return on equity of 8.45%. The company had revenue of $262.00 million during the quarter, compared to analysts’ expectations of $242.40 million. During the same quarter in the previous year, the firm earned $1.10 earnings per share.

Insider Buying and Selling at Liberty Broadband

In other Liberty Broadband news, CEO Gregory B. Maffei sold 125,000 shares of the stock in a transaction dated Wednesday, December 18th. The shares were sold at an average price of $79.74, for a total transaction of $9,967,500.00. Following the completion of the transaction, the chief executive officer now owns 1,435,256 shares in the company, valued at $114,447,313.44. This trade represents a 8.01 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Over the last ninety days, insiders sold 196,542 shares of company stock valued at $15,834,108. Company insiders own 14.19% of the company’s stock.

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.