Liberty Broadband (LBRDA) Downgraded to “C+” at TheStreet


TheStreet downgraded shares of Liberty Broadband (NASDAQ:LBRDA) from a b rating to a c+ rating in a report issued on Friday.

A number of other research firms have also recently commented on LBRDA. BidaskClub cut Liberty Broadband from a hold rating to a sell rating in a report on Thursday, January 18th. ValuEngine cut Liberty Broadband from a hold rating to a sell rating in a report on Wednesday, February 14th. Pivotal Research reaffirmed a buy rating and set a $134.00 price objective on shares of Liberty Broadband in a report on Monday, March 12th. Zacks Investment Research cut Liberty Broadband from a hold rating to a sell rating in a report on Thursday, March 8th. Finally, Buckingham Research decreased their price objective on Liberty Broadband to $123.00 and set a buy rating on the stock in a report on Monday, May 7th. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating and four have issued a buy rating to the company’s stock. The company has a consensus rating of Hold and an average target price of $123.75.


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NASDAQ LBRDA opened at $71.71 on Friday. The company has a debt-to-equity ratio of 0.05, a quick ratio of 15.33 and a current ratio of 15.33. Liberty Broadband has a 12 month low of $70.77 and a 12 month high of $72.03. The company has a market capitalization of $12.83 billion, a P/E ratio of 6.46 and a beta of 1.44.

Liberty Broadband (NASDAQ:LBRDA) last posted its quarterly earnings results on Friday, February 9th. The company reported $11.28 EPS for the quarter. Liberty Broadband had a return on equity of 21.43% and a net margin of 9,350.33%. The company had revenue of $3.45 million for the quarter. equities analysts forecast that Liberty Broadband will post 1.26 earnings per share for the current year.


Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Hound Partners LLC increased its position in shares of Liberty Broadband by 0.3% during the 4th quarter. Hound Partners LLC now owns 259,160 shares of the company’s stock valued at $22,042,000 after purchasing an additional 674 shares during the last quarter. Jefferies Group LLC increased its position in shares of Liberty Broadband by 25.7% during the 4th quarter. Jefferies Group LLC now owns 6,365 shares of the company’s stock valued at $541,000 after purchasing an additional 1,300 shares during the last quarter. Hosking Partners LLP increased its position in shares of Liberty Broadband by 7.4% during the 4th quarter. Hosking Partners LLP now owns 20,029 shares of the company’s stock valued at $1,703,000 after purchasing an additional 1,387 shares during the last quarter. State of Alaska Department of Revenue bought a new position in shares of Liberty Broadband during the 4th quarter valued at approximately $124,000. Finally, Glenmede Trust Co. NA grew its position in Liberty Broadband by 438.3% in the 4th quarter. Glenmede Trust Co. NA now owns 1,825 shares of the company’s stock valued at $154,000 after acquiring an additional 1,486 shares during the last quarter. 12.62% of the stock is currently owned by hedge funds and other institutional investors.


Liberty Broadband Company Profile

Liberty Broadband Corporation, a cable operator, provides video, Internet, and voice services to residential and commercial customers in the United States. It operates through Skyhook and Charter segments. The Skyhook segment offers Precision Location Solution, a location determination service for mobile device makers, wireless carriers, and asset tracking platforms to understanding the precise geographic location and movement of mobile devices; enhancing the location determination capabilities of a hybrid location system.

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