Wall Street analysts predict that Liberty Broadband Corp (NASDAQ:LBRDK) will announce $0.14 earnings per share for the current fiscal quarter, Zacks reports. Zero analysts have provided estimates for Liberty Broadband Corp’s earnings. The firm is scheduled to issue its next earnings report on Monday, January 1st.

According to Zacks, analysts expect that Liberty Broadband Corp will report full year earnings of $6.04 per share for the current year. For the next financial year, analysts forecast that the company will post earnings of $0.82 per share. Zacks’ earnings per share averages are a mean average based on a survey of research analysts that follow Liberty Broadband Corp.

LBRDK has been the subject of a number of analyst reports. TheStreet lowered Liberty Broadband Corp from a “b-” rating to a “c+” rating in a report on Thursday, January 26th. Zacks Investment Research raised Liberty Broadband Corp from a “strong sell” rating to a “hold” rating in a report on Tuesday, January 31st.

Shares of Liberty Broadband Corp (NASDAQ:LBRDK) traded up 0.81% on Monday, hitting $88.58. The stock had a trading volume of 212,283 shares. Liberty Broadband Corp has a 52 week low of $54.45 and a 52 week high of $89.75. The company has a market capitalization of $16.10 billion, a price-to-earnings ratio of 14.76 and a beta of 1.47. The company has a 50-day moving average of $86.24 and a 200 day moving average of $77.79.

Large investors have recently added to or reduced their stakes in the stock. BlackRock Group LTD increased its stake in Liberty Broadband Corp by 115.0% in the third quarter. BlackRock Group LTD now owns 1,033,016 shares of the company’s stock worth $73,839,000 after buying an additional 552,531 shares during the last quarter. Sumitomo Mitsui Trust Holdings Inc. purchased a new stake in Liberty Broadband Corp during the third quarter worth $22,103,000. Norges Bank purchased a new stake in Liberty Broadband Corp during the fourth quarter worth $20,829,000. Franklin Resources Inc. increased its stake in Liberty Broadband Corp by 59.2% in the fourth quarter. Franklin Resources Inc. now owns 679,174 shares of the company’s stock worth $50,307,000 after buying an additional 252,521 shares during the last quarter. Finally, Janus Capital Management LLC increased its stake in Liberty Broadband Corp by 6,507.4% in the fourth quarter. Janus Capital Management LLC now owns 237,867 shares of the company’s stock worth $17,619,000 after buying an additional 234,267 shares during the last quarter. Institutional investors and hedge funds own 65.80% of the company’s stock.

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About Liberty Broadband Corp

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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