18,856 Shares in Liberty Broadband Co. (NASDAQ:LBRDA) Bought by Natixis

Natixis purchased a new stake in shares of Liberty Broadband Co. (NASDAQ:LBRDA - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 18,856 shares of the company's stock, valued at approximately $1,402,000.

A number of other large investors also recently made changes to their positions in LBRDA. PAX Financial Group LLC boosted its holdings in Liberty Broadband by 1.1% in the fourth quarter. PAX Financial Group LLC now owns 13,799 shares of the company's stock worth $1,026,000 after purchasing an additional 144 shares in the last quarter. M&T Bank Corp lifted its stake in shares of Liberty Broadband by 3.6% in the fourth quarter. M&T Bank Corp now owns 4,562 shares of the company's stock valued at $339,000 after buying an additional 158 shares during the period. Gamco Investors INC. ET AL grew its holdings in shares of Liberty Broadband by 0.5% during the 4th quarter. Gamco Investors INC. ET AL now owns 43,407 shares of the company's stock worth $3,228,000 after purchasing an additional 232 shares in the last quarter. Sterling Capital Management LLC boosted its stake in Liberty Broadband by 48.2% during the fourth quarter. Sterling Capital Management LLC now owns 815 shares of the company's stock worth $61,000 after buying an additional 265 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its position in shares of Liberty Broadband by 1.9% during the 4th quarter. JPMorgan Chase & Co. now owns 14,857 shares of the company's stock valued at $1,105,000 after acquiring an additional 279 shares in the last quarter. Institutional investors and hedge funds own 10.29% of the company's stock.

Liberty Broadband Trading Up 11.2 %

Shares of Liberty Broadband stock traded up $8.56 during trading on Friday, reaching $85.06. 459,732 shares of the company were exchanged, compared to its average volume of 154,201. The company has a quick ratio of 2.07, a current ratio of 2.07 and a debt-to-equity ratio of 0.40. Liberty Broadband Co. has a twelve month low of $47.17 and a twelve month high of $100.44. The firm has a market capitalization of $12.19 billion, a price-to-earnings ratio of 15.66 and a beta of 1.03. The business has a 50-day moving average price of $80.69 and a 200-day moving average price of $80.80.

Liberty Broadband (NASDAQ:LBRDA - Get Free Report) last posted its earnings results on Thursday, February 27th. The company reported $2.04 earnings per share for the quarter, topping the consensus estimate of $1.73 by $0.31. Liberty Broadband had a return on equity of 8.45% and a net margin of 78.07%. The firm had revenue of $263.00 million for the quarter, compared to analyst estimates of $252.50 million.

Wall Street Analyst Weigh In

Separately, Benchmark lowered their price target on Liberty Broadband from $130.00 to $115.00 and set a "buy" rating on the stock in a research report on Monday, March 31st. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $86.20.

Liberty Broadband 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. Its Charter segment offers subscription-based Internet and video services, and mobile and voice services; and state-of-the-art residential and business services, which includes Spectrum Internet, TV, mobile and voice for small and medium-sized companies; Spectrum Business provides a suite of broadband products and services for businesses and government application; Spectrum Enterprise offers customized fiber-based solutions; Spectrum Reach provides advertising and production for the modern media landscape.