Natixis Advisors LLC Grows Stock Position in Liberty Broadband Co. (NASDAQ:LBRDK)

Natixis Advisors LLC raised its holdings in shares of Liberty Broadband Co. (NASDAQ:LBRDK - Free Report) by 9.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 425,674 shares of the company's stock after acquiring an additional 38,126 shares during the period. Natixis Advisors LLC owned about 0.30% of Liberty Broadband worth $31,823,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in LBRDK. Groupama Asset Managment purchased a new stake in Liberty Broadband in the third quarter worth $25,000. Quarry LP purchased a new stake in Liberty Broadband in the third quarter worth $28,000. Smartleaf Asset Management LLC lifted its stake in Liberty Broadband by 61.1% in the fourth quarter. Smartleaf Asset Management LLC now owns 406 shares of the company's stock worth $30,000 after acquiring an additional 154 shares during the period. Blue Trust Inc. lifted its stake in Liberty Broadband by 134.3% in the fourth quarter. Blue Trust Inc. now owns 464 shares of the company's stock worth $36,000 after acquiring an additional 266 shares during the period. Finally, Jones Financial Companies Lllp lifted its stake in Liberty Broadband by 138.0% in the fourth quarter. Jones Financial Companies Lllp now owns 488 shares of the company's stock worth $36,000 after acquiring an additional 283 shares during the period. Institutional investors own 80.22% of the company's stock.

Analyst Ratings Changes

Separately, StockNews.com began coverage on Liberty Broadband in a research report on Thursday, March 13th. They set a "sell" rating for the company.

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Liberty Broadband Stock Up 2.6 %

Shares of LBRDK traded up $2.14 during trading hours on Thursday, hitting $83.54. The company had a trading volume of 680,689 shares, compared to its average volume of 1,010,189. Liberty Broadband Co. has a 52-week low of $46.46 and a 52-week high of $101.50. The firm has a fifty day moving average price of $79.81 and a 200-day moving average price of $79.02. The stock has a market capitalization of $11.97 billion, a price-to-earnings ratio of 15.38 and a beta of 1.06. The company has a debt-to-equity ratio of 0.40, a quick ratio of 2.07 and a current ratio of 2.07.

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

About Liberty Broadband

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.