A number of other analysts have also commented on LBRDA. Deutsche Bank raised their price target on Walmart from $118.00 to $120.00 and gave the stock a buy rating in a research note on Friday, May 17th. Zacks Investment Research raised Investar from a hold rating to a buy rating and set a $27.00 price target for the company in a research note on Tuesday, June 4th. ValuEngine raised VESTAS WIND SYS/ADR from a hold rating to a buy rating in a research note on Thursday, May 9th. TheStreet raised White Mountains Insurance Group from a c rating to a b rating in a research note on Monday, May 13th. Finally, Macquarie raised Prosiebensat 1 Media from a neutral rating to an outperform rating in a research note on Tuesday, April 9th. Two equities research analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the stock. The stock currently has an average rating of Buy and an average price target of $107.00.
Shares of LBRDA stock opened at $107.03 on Tuesday. The business has a fifty day simple moving average of $101.56. Liberty Broadband Corp Series A has a 52 week low of $68.76 and a 52 week high of $107.39. The stock has a market capitalization of $19.34 billion, a price-to-earnings ratio of 281.66 and a beta of 1.30. The company has a debt-to-equity ratio of 0.05, a current ratio of 12.76 and a quick ratio of 12.76.
Liberty Broadband Corp Series A (NASDAQ:LBRDA) last announced its quarterly earnings results on Thursday, May 2nd. The company reported ($0.08) EPS for the quarter. Liberty Broadband Corp Series A had a return on equity of 0.67% and a net margin of 507.95%. The business had revenue of $3.46 million during the quarter. As a group, research analysts predict that Liberty Broadband Corp Series A will post 0.85 EPS for the current year.
A number of institutional investors have recently made changes to their positions in the business. Princeton Global Asset Management LLC purchased a new position in shares of Liberty Broadband Corp Series A in the 4th quarter worth about $26,000. Quadrant Capital Group LLC raised its position in shares of Liberty Broadband Corp Series A by 490.9% in the 1st quarter. Quadrant Capital Group LLC now owns 650 shares of the company’s stock worth $57,000 after purchasing an additional 540 shares during the last quarter. Mraz Amerine & Associates Inc. purchased a new position in shares of Liberty Broadband Corp Series A in the 1st quarter worth about $206,000. Barclays PLC raised its position in shares of Liberty Broadband Corp Series A by 94.1% in the 4th quarter. Barclays PLC now owns 2,884 shares of the company’s stock worth $207,000 after purchasing an additional 1,398 shares during the last quarter. Finally, Waldron Private Wealth LLC purchased a new position in shares of Liberty Broadband Corp Series A in the 1st quarter worth about $219,000. 11.97% of the stock is owned by institutional investors and hedge funds.
About Liberty Broadband Corp Series A
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.
Further Reading: Outstanding Shares
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