American Century Companies Inc. Purchases 4,039 Shares of Liberty Broadband Co. (NASDAQ:LBRDK)

American Century Companies Inc. grew its holdings in Liberty Broadband Co. (NASDAQ:LBRDK - Free Report) by 13.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 34,518 shares of the company's stock after buying an additional 4,039 shares during the quarter. American Century Companies Inc.'s holdings in Liberty Broadband were worth $2,581,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in LBRDK. Lee Danner & Bass Inc. acquired a new position in Liberty Broadband during the 4th quarter worth $36,000. Magnetar Financial LLC acquired a new position in shares of Liberty Broadband during the fourth quarter valued at $46,906,000. Xponance Inc. boosted its holdings in Liberty Broadband by 8.8% in the fourth quarter. Xponance Inc. now owns 7,882 shares of the company's stock valued at $589,000 after acquiring an additional 639 shares during the last quarter. Natixis Advisors LLC increased its position in Liberty Broadband by 9.8% in the fourth quarter. Natixis Advisors LLC now owns 425,674 shares of the company's stock worth $31,823,000 after purchasing an additional 38,126 shares during the period. Finally, Catalyst Funds Management Pty Ltd raised its holdings in Liberty Broadband by 3,262.5% during the 4th quarter. Catalyst Funds Management Pty Ltd now owns 13,450 shares of the company's stock worth $1,006,000 after purchasing an additional 13,050 shares during the last quarter. 80.22% of the stock is owned by institutional investors.

Liberty Broadband Trading Down 0.2 %

Shares of LBRDK stock traded down $0.14 during trading hours on Friday, reaching $76.84. The company had a trading volume of 370,687 shares, compared to its average volume of 1,053,202. The company has a debt-to-equity ratio of 0.40, a current ratio of 2.07 and a quick ratio of 2.07. Liberty Broadband Co. has a 1-year low of $46.46 and a 1-year high of $101.50. The company has a 50 day moving average of $81.66 and a 200 day moving average of $81.46. The firm has a market cap of $11.01 billion, a price-to-earnings ratio of 14.15 and a beta of 1.03.

Remove Ads

Liberty Broadband (NASDAQ:LBRDK - Get Free Report) last posted its earnings results on Thursday, February 27th. The company reported $2.04 earnings per share for the quarter, missing the consensus estimate of $3.67 by ($1.63). The firm had revenue of $253.00 million during the quarter, compared to analyst estimates of $252.50 million. Liberty Broadband had a return on equity of 8.45% and a net margin of 78.07%. On average, equities research analysts anticipate that Liberty Broadband Co. will post 7.71 EPS for the current year.

Analyst Upgrades and Downgrades

Separately, StockNews.com began coverage on shares of Liberty Broadband in a research note on Sunday, April 6th. They issued a "sell" rating on the stock.

Liberty Broadband Company Profile

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.