Liberty Broadband (LBRDA) Reaches $92.27 52-Week High; Clearbridge Has Boosted Melco Resort Entertainment L (MPEL) Holding

Liberty Broadband Corporation (NASDAQ:LBRDA) Logo

Clearbridge Llc increased Melco Resort Entertainment L (MPEL) stake by 26.17% reported in 2018Q4 SEC filing. Clearbridge Llc acquired 38,259 shares as Melco Resort Entertainment L (MPEL)’s stock 0.00%. The Clearbridge Llc holds 184,439 shares with $3.25 million value, up from 146,180 last quarter. Melco Resort Entertainment L now has $ valuation. The stock increased 0.42% or $0.08 during the last trading session, reaching $18.97. It is down 0.00% since March 17, 2018 and is . It has underperformed by 4.37% the S&P500.

The stock of Liberty Broadband Corporation (NASDAQ:LBRDA) hit a new 52-week high and has $100.57 target or 9.00% above today’s $92.27 share price. The 6 months bullish chart indicates low risk for the $16.70 billion company. The 1-year high was reported on Mar, 17 by Barchart.com. If the $100.57 price target is reached, the company will be worth $1.50B more. The stock increased 0.47% or $0.43 during the last trading session, reaching $92.27. About 202,284 shares traded or 35.83% up from the average. Liberty Broadband Corporation (NASDAQ:LBRDA) has risen 3.73% since March 17, 2018 and is uptrending. It has underperformed by 0.64% the S&P500.

Liberty Broadband Corporation, a cable operator, provides video, Internet, and voice services to residential and commercial clients in the United States. The company has market cap of $16.70 billion. It operates through Skyhook and Charter divisions. It has a 242.82 P/E ratio. The Skyhook segment offers a Wi-Fi based location platform that provides positioning technology and contextual location intelligence solutions.

More notable recent Liberty Broadband Corporation (NASDAQ:LBRDA) news were published by: Seekingalpha.com which released: “Liberty Broadband Corporation (LBRDA) CEO Gregory Maffei on Q4 2018 Results – Earnings Call Transcript – Seeking Alpha” on March 02, 2019, also Fool.com with their article: “Liberty Broadband Corp (LBRDA) Q4 2018 Earnings Conference Call Transcript – Motley Fool” published on February 28, 2019, Nasdaq.com published: “SPLG’s Underlying Holdings Imply 11% Gain Potential – Nasdaq” on March 07, 2019. More interesting news about Liberty Broadband Corporation (NASDAQ:LBRDA) were released by: Nasdaq.com and their article: “What Trade Wars Do to Stocks – Nasdaq” published on February 21, 2019 as well as Seekingalpha.com‘s news article titled: “Investing In The Liberty Media Empire – Seeking Alpha” with publication date: May 07, 2018.