Ossiam Has $29.97 Million Stake in Liberty Broadband Co. (NASDAQ:LBRDK)

Ossiam boosted its position in shares of Liberty Broadband Co. (NASDAQ:LBRDK) by 2.3% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 371,894 shares of the company’s stock after purchasing an additional 8,331 shares during the quarter. Ossiam owned 0.25% of Liberty Broadband worth $29,971,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of LBRDK. Sequoia Financial Advisors LLC bought a new position in Liberty Broadband in the third quarter valued at approximately $213,000. Charles Schwab Investment Management Inc. lifted its position in shares of Liberty Broadband by 12.4% in the third quarter. Charles Schwab Investment Management Inc. now owns 463,690 shares of the company’s stock worth $42,344,000 after purchasing an additional 51,233 shares in the last quarter. Pathstone Family Office LLC lifted its position in shares of Liberty Broadband by 6.4% in the third quarter. Pathstone Family Office LLC now owns 14,963 shares of the company’s stock worth $1,366,000 after purchasing an additional 906 shares in the last quarter. Mitsubishi UFJ Trust & Banking Corp lifted its position in shares of Liberty Broadband by 3.4% in the third quarter. Mitsubishi UFJ Trust & Banking Corp now owns 73,049 shares of the company’s stock worth $6,671,000 after purchasing an additional 2,420 shares in the last quarter. Finally, Korea Investment CORP lifted its position in shares of Liberty Broadband by 10.1% in the third quarter. Korea Investment CORP now owns 155,682 shares of the company’s stock worth $14,217,000 after purchasing an additional 14,278 shares in the last quarter. Institutional investors own 80.22% of the company’s stock.

Liberty Broadband Stock Down 1.2 %

Shares of LBRDK stock traded down $0.65 during trading on Friday, reaching $51.64. The company’s stock had a trading volume of 1,421,832 shares, compared to its average volume of 1,424,701. The business has a fifty day moving average price of $51.57 and a 200-day moving average price of $63.74. The company has a quick ratio of 1.81, a current ratio of 1.81 and a debt-to-equity ratio of 0.41. The company has a market cap of $7.38 billion, a price-to-earnings ratio of 8.77 and a beta of 1.02. Liberty Broadband Co. has a one year low of $46.46 and a one year high of $95.68.

Liberty Broadband (NASDAQ:LBRDK) last posted its quarterly earnings results on Wednesday, May 8th. The company reported $1.69 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.38 by ($0.69). Liberty Broadband had a return on equity of 9.55% and a net margin of 87.75%. The firm had revenue of $245.00 million for the quarter, compared to the consensus estimate of $244.41 million. Analysts anticipate that Liberty Broadband Co. will post 9.13 earnings per share for the current year.

Insider Buying and Selling at Liberty Broadband

In other Liberty Broadband news, Director J David Wargo sold 15,000 shares of the company’s stock in a transaction on Monday, April 8th. The shares were sold at an average price of $51.98, for a total value of $779,700.00. Following the transaction, the director now directly owns 72,332 shares in the company, valued at $3,759,817.36. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 10.80% of the company’s stock.

About Liberty Broadband

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.