Dupont Capital Management Corp Takes Position in Liberty Broadband Corp (LBRDK)

Dupont Capital Management Corp bought a new position in shares of Liberty Broadband Corp (NASDAQ:LBRDK) during the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 12,000 shares of the company’s stock, valued at approximately $1,022,000.

Other hedge funds have also made changes to their positions in the company. Toronto Dominion Bank grew its stake in Liberty Broadband by 12.4% during the 2nd quarter. Toronto Dominion Bank now owns 1,316 shares of the company’s stock worth $114,000 after buying an additional 145 shares during the last quarter. Cerebellum GP LLC purchased a new stake in Liberty Broadband during the 4th quarter valued at about $127,000. Advisor Group Inc. grew its stake in Liberty Broadband by 14.2% during the 2nd quarter. Advisor Group Inc. now owns 1,674 shares of the company’s stock valued at $146,000 after purchasing an additional 208 shares during the last quarter. Macquarie Group Ltd. grew its stake in Liberty Broadband by 260.0% during the 2nd quarter. Macquarie Group Ltd. now owns 1,800 shares of the company’s stock valued at $156,000 after purchasing an additional 1,300 shares during the last quarter. Finally, Massey Quick Simon & CO. LLC purchased a new stake in Liberty Broadband during the 3rd quarter valued at about $172,000. Hedge funds and other institutional investors own 53.96% of the company’s stock.

In related news, Director John E. Welsh III bought 2,000 shares of the stock in a transaction dated Friday, December 22nd. The shares were purchased at an average price of $85.50 per share, for a total transaction of $171,000.00. Following the completion of the purchase, the director now directly owns 5,000 shares of the company’s stock, valued at $427,500. The purchase was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 10.80% of the stock is owned by corporate insiders.

Shares of Liberty Broadband Corp (NASDAQ:LBRDK) opened at $90.72 on Thursday. Liberty Broadband Corp has a one year low of $80.41 and a one year high of $104.66. The company has a quick ratio of 11.64, a current ratio of 11.64 and a debt-to-equity ratio of 0.06. The company has a market capitalization of $16,689.73, a PE ratio of 917.80 and a beta of 1.36.

Separately, Zacks Investment Research downgraded Liberty Broadband from a “hold” rating to a “sell” rating in a research note on Friday, October 20th.

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About Liberty Broadband

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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Institutional Ownership by Quarter for Liberty Broadband (NASDAQ:LBRDK)

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