Liberty Broadband Corporation (NASDAQ:LBRDK) Shares Acquired by Natixis Advisors LLC

Key Points

• Natixis Advisors LLC increased its stake in Liberty Broadband Corporation by 15.9%, owning a total of 493,168 shares valued at approximately $41.9 million after acquiring additional shares in the first quarter.
• Liberty Broadband reported a quarterly earnings per share of $1.87, with a net margin of 88.10% and anticipated total earnings for the year at $7.71 per share.
• The company has a current market cap of $8.79 billion and a price-to-earnings ratio of 9.80, with shares trading at $61.32.

Natixis Advisors LLC boosted its position in Liberty Broadband Corporation (NASDAQ:LBRDK - Free Report) by 15.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 493,168 shares of the company's stock after buying an additional 67,494 shares during the quarter. Natixis Advisors LLC owned approximately 0.34% of Liberty Broadband worth $41,943,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of LBRDK. Raymond James Financial Inc. bought a new position in shares of Liberty Broadband in the 4th quarter worth about $949,000. American Century Companies Inc. raised its stake in Liberty Broadband by 13.3% during the fourth quarter. American Century Companies Inc. now owns 34,518 shares of the company's stock worth $2,581,000 after acquiring an additional 4,039 shares during the period. Sei Investments Co. lifted its holdings in Liberty Broadband by 5.0% in the fourth quarter. Sei Investments Co. now owns 19,534 shares of the company's stock worth $1,460,000 after acquiring an additional 939 shares during the last quarter. LPL Financial LLC boosted its stake in Liberty Broadband by 11.6% in the fourth quarter. LPL Financial LLC now owns 5,755 shares of the company's stock valued at $430,000 after acquiring an additional 599 shares during the period. Finally, JPMorgan Chase & Co. grew its holdings in shares of Liberty Broadband by 0.5% during the fourth quarter. JPMorgan Chase & Co. now owns 346,963 shares of the company's stock valued at $25,939,000 after purchasing an additional 1,806 shares during the last quarter. Institutional investors and hedge funds own 80.22% of the company's stock.

Liberty Broadband Stock Performance

Shares of LBRDK opened at $61.32 on Friday. The firm has a fifty day moving average of $91.02 and a 200-day moving average of $85.83. The company has a market cap of $8.79 billion, a price-to-earnings ratio of 9.80 and a beta of 1.01. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.39 and a current ratio of 1.39. Liberty Broadband Corporation has a 1 year low of $58.35 and a 1 year high of $104.00.

Liberty Broadband (NASDAQ:LBRDK - Get Free Report) last issued its quarterly earnings data on Wednesday, May 7th. The company reported $1.87 earnings per share for the quarter. Liberty Broadband had a net margin of 88.10% and a return on equity of 9.24%. The firm had revenue of $256.00 million for the quarter. As a group, equities analysts anticipate that Liberty Broadband Corporation will post 7.71 earnings per share for the current year.

Wall Street Analyst Weigh In

Separately, Wall Street Zen raised Liberty Broadband to a "hold" rating in a report on Saturday, July 12th.

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.

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