Farther Finance Advisors LLC Grows Stock Holdings in Liberty Broadband Co. (NASDAQ:LBRDA)

Farther Finance Advisors LLC lifted its position in shares of Liberty Broadband Co. (NASDAQ:LBRDA) by 891.9% during the 4th quarter, Holdings Channel.com reports. The fund owned 367 shares of the company’s stock after buying an additional 330 shares during the period. Farther Finance Advisors LLC’s holdings in Liberty Broadband were worth $27,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Wilmington Savings Fund Society FSB purchased a new stake in shares of Liberty Broadband in the third quarter valued at about $1,815,000. Verition Fund Management LLC purchased a new position in Liberty Broadband during the third quarter worth $6,402,000. Baupost Group LLC MA acquired a new position in shares of Liberty Broadband in the third quarter worth $581,000. Barclays PLC lifted its position in shares of Liberty Broadband by 244.6% in the third quarter. Barclays PLC now owns 4,887 shares of the company’s stock valued at $375,000 after acquiring an additional 3,469 shares in the last quarter. Finally, Stifel Financial Corp acquired a new stake in shares of Liberty Broadband during the third quarter valued at $1,235,000. 10.29% of the stock is owned by hedge funds and other institutional investors.

Liberty Broadband Trading Up 1.1 %

Liberty Broadband stock opened at $84.35 on Tuesday. The stock has a market cap of $12.09 billion, a PE ratio of 15.53 and a beta of 1.08. The company has a current ratio of 2.07, a quick ratio of 2.07 and a debt-to-equity ratio of 0.40. The stock has a 50-day moving average price of $79.72 and a 200 day moving average price of $78.97. Liberty Broadband Co. has a 52 week low of $47.17 and a 52 week high of $100.44.

Liberty Broadband (NASDAQ:LBRDA) last posted its quarterly earnings data on Thursday, February 27th. The company reported $2.04 earnings per share for the quarter, beating analysts’ consensus estimates of $1.73 by $0.31. Liberty Broadband had a net margin of 78.07% and a return on equity of 8.45%. The business had revenue of $263.00 million during the quarter, compared to analyst estimates of $252.50 million.

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.