Liberty Broadband Co. (NASDAQ:LBRDK) Shares Purchased by Walleye Capital LLC

Walleye Capital LLC grew its holdings in shares of Liberty Broadband Co. (NASDAQ:LBRDK - Free Report) by 527.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 182,862 shares of the company's stock after buying an additional 153,707 shares during the quarter. Walleye Capital LLC owned 0.13% of Liberty Broadband worth $13,671,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in LBRDK. Vanguard Group Inc. grew its position in Liberty Broadband by 0.9% in the 4th quarter. Vanguard Group Inc. now owns 11,064,423 shares of the company's stock valued at $827,176,000 after acquiring an additional 95,599 shares during the last quarter. Barclays PLC grew its holdings in shares of Liberty Broadband by 6.4% in the third quarter. Barclays PLC now owns 6,899,331 shares of the company's stock worth $533,251,000 after purchasing an additional 415,496 shares during the last quarter. Assenagon Asset Management S.A. increased its stake in Liberty Broadband by 23.7% in the 4th quarter. Assenagon Asset Management S.A. now owns 3,585,407 shares of the company's stock worth $268,045,000 after buying an additional 686,089 shares during the period. Finepoint Capital LP lifted its holdings in Liberty Broadband by 1.1% during the 4th quarter. Finepoint Capital LP now owns 2,015,710 shares of the company's stock valued at $150,694,000 after buying an additional 21,200 shares in the last quarter. Finally, Geode Capital Management LLC boosted its position in Liberty Broadband by 1.6% in the 3rd quarter. Geode Capital Management LLC now owns 2,014,571 shares of the company's stock valued at $155,736,000 after buying an additional 31,484 shares during the period. Institutional investors own 80.22% of the company's stock.

Liberty Broadband Stock Up 2.1 %

NASDAQ:LBRDK traded up $1.62 during mid-day trading on Friday, reaching $78.22. The company's stock had a trading volume of 661,821 shares, compared to its average volume of 1,045,180. The company has a quick ratio of 2.07, a current ratio of 2.07 and a debt-to-equity ratio of 0.40. The firm has a market capitalization of $11.21 billion, a PE ratio of 14.41 and a beta of 1.03. The stock has a fifty day moving average of $81.68 and a 200-day moving average of $81.50. Liberty Broadband Co. has a 1 year low of $46.46 and a 1 year high of $101.50.

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

Analyst Ratings Changes

Separately, StockNews.com initiated coverage on shares of Liberty Broadband in a research report on Monday, April 14th. They set 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.