Liberty Broadband Corp Series A (NASDAQ:LBRDA) Hits New 1-Year High at $136.05

Liberty Broadband Corp Series A (NASDAQ:LBRDA) shares hit a new 52-week high during trading on Friday . The stock traded as high as $136.05 and last traded at $135.50, with a volume of 1029 shares traded. The stock had previously closed at $135.44.

Several research analysts recently commented on LBRDA shares. TheStreet upgraded shares of Liberty Broadband Corp Series A from a “c” rating to a “b-” rating in a report on Friday, February 7th. Benchmark increased their target price on shares of Liberty Broadband Corp Series A from $122.00 to $134.00 and gave the stock a “buy” rating in a report on Monday, October 28th. TD Securities cut shares of Liberty Broadband Corp Series A from a “buy” rating to a “hold” rating in a report on Thursday, January 2nd. Finally, Deutsche Bank increased their target price on shares of Liberty Broadband Corp Series A from $117.00 to $140.00 and gave the stock a “buy” rating in a report on Wednesday, November 13th. One analyst has rated the stock with a sell rating, three have given a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $118.50.

The company has a debt-to-equity ratio of 0.05, a current ratio of 4.29 and a quick ratio of 4.29. The company’s 50-day simple moving average is $128.95 and its 200-day simple moving average is $114.65. The stock has a market capitalization of $24.54 billion, a P/E ratio of 615.39 and a beta of 1.20.

Hedge funds and other institutional investors have recently bought and sold shares of the business. Usca Ria LLC bought a new stake in Liberty Broadband Corp Series A during the third quarter worth $42,000. Ladenburg Thalmann Financial Services Inc. raised its position in shares of Liberty Broadband Corp Series A by 29.7% in the second quarter. Ladenburg Thalmann Financial Services Inc. now owns 498 shares of the company’s stock valued at $51,000 after purchasing an additional 114 shares during the period. Raab & Moskowitz Asset Management LLC bought a new position in shares of Liberty Broadband Corp Series A in the fourth quarter valued at about $79,000. Quadrant Capital Group LLC raised its position in shares of Liberty Broadband Corp Series A by 22.0% in the fourth quarter. Quadrant Capital Group LLC now owns 793 shares of the company’s stock valued at $94,000 after purchasing an additional 143 shares during the period. Finally, Cubist Systematic Strategies LLC bought a new position in shares of Liberty Broadband Corp Series A in the second quarter valued at about $106,000. 11.65% of the stock is currently owned by hedge funds and other institutional investors.

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.

Featured Story: How much money do you need to begin day trading?

Receive News & Ratings for Liberty Broadband Corp Series A Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Liberty Broadband Corp Series A and related companies with MarketBeat.com's FREE daily email newsletter.