Liberty Broadband Corp Series A (NASDAQ:LBRDA) shares reached a new 52-week high during trading on Tuesday . The company traded as high as $93.84 and last traded at $94.12, with a volume of 320 shares changing hands. The stock had previously closed at $93.18.

A number of research analysts have commented on LBRDA shares. TheStreet raised shares of Liberty Broadband Corp Series A from a “c+” rating to a “b-” rating in a research report on Friday, February 1st. BidaskClub raised shares of Liberty Broadband Corp Series A from a “hold” rating to a “buy” rating in a research report on Saturday, February 9th. Zacks Investment Research raised shares of Liberty Broadband Corp Series A from a “hold” rating to a “buy” rating and set a $101.00 target price on the stock in a research report on Thursday, March 14th. Pivotal Research reaffirmed a “buy” rating and issued a $107.00 target price on shares of Liberty Broadband Corp Series A in a research report on Tuesday, March 5th. Finally, TD Securities started coverage on shares of Liberty Broadband Corp Series A in a research report on Wednesday, January 16th. They issued a “buy” rating and a $105.00 target price on the stock. One investment analyst has rated the stock with a hold rating and seven have issued a buy rating to the stock. Liberty Broadband Corp Series A currently has a consensus rating of “Buy” and a consensus price target of $104.67.

The company has a debt-to-equity ratio of 0.05, a quick ratio of 10.33 and a current ratio of 10.33. The company has a market capitalization of $16.73 billion, a PE ratio of 246.13 and a beta of 1.42.

Liberty Broadband Corp Series A (NASDAQ:LBRDA) last issued its quarterly earnings results on Friday, February 8th. The company reported $0.08 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.44 by ($0.36). The business had revenue of $3.58 million for the quarter, compared to analysts’ expectations of $3.43 million. Liberty Broadband Corp Series A had a return on equity of 0.66% and a net margin of 314.28%. On average, analysts expect that Liberty Broadband Corp Series A will post 1.35 EPS for the current fiscal year.

A number of large investors have recently modified their holdings of the business. Geode Capital Management LLC lifted its holdings in Liberty Broadband Corp Series A by 22.4% in the fourth quarter. Geode Capital Management LLC now owns 306,757 shares of the company’s stock valued at $22,028,000 after acquiring an additional 56,177 shares during the period. Norges Bank purchased a new position in shares of Liberty Broadband Corp Series A in the fourth quarter valued at $47,436,000. Dimensional Fund Advisors LP increased its position in shares of Liberty Broadband Corp Series A by 2.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 193,936 shares of the company’s stock valued at $13,927,000 after buying an additional 4,598 shares in the last quarter. Princeton Global Asset Management LLC purchased a new position in shares of Liberty Broadband Corp Series A in the fourth quarter valued at $26,000. Finally, FMR LLC increased its position in shares of Liberty Broadband Corp Series A by 22.6% in the fourth quarter. FMR LLC now owns 1,320,714 shares of the company’s stock valued at $94,840,000 after buying an additional 243,775 shares in the last quarter. Institutional investors own 12.26% of the company’s stock.

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Liberty Broadband Corp Series A Company Profile (NASDAQ:LBRDA)

Liberty Broadband Corporation, a cable operator, provides video, Internet, and voice services to residential, and small and medium business customers in the United States. The company 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 understand the precise geographic location and movement of mobile devices, as well as for enhancing the location determination capabilities of a hybrid location system.

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