Natixis Purchases 69,437 Shares of Liberty Broadband Co. (NASDAQ:LBRDK)

Natixis increased its holdings in shares of Liberty Broadband Co. (NASDAQ:LBRDK - Free Report) by 320.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 91,093 shares of the company's stock after purchasing an additional 69,437 shares during the period. Natixis owned 0.06% of Liberty Broadband worth $6,810,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of LBRDK. Smartleaf Asset Management LLC increased its stake in shares of 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 buying an additional 154 shares during the last quarter. Blue Trust Inc. lifted its position in Liberty Broadband by 134.3% in the 4th quarter. Blue Trust Inc. now owns 464 shares of the company's stock valued at $36,000 after purchasing an additional 266 shares during the last quarter. Lee Danner & Bass Inc. bought a new position in Liberty Broadband in the 4th quarter worth approximately $36,000. Jones Financial Companies Lllp raised its stake in shares of Liberty Broadband by 138.0% during the fourth quarter. Jones Financial Companies Lllp now owns 488 shares of the company's stock valued at $36,000 after purchasing an additional 283 shares in the last quarter. Finally, R Squared Ltd acquired a new stake in shares of Liberty Broadband in the 4th quarter worth approximately $37,000. Institutional investors and hedge funds own 80.22% of the company's stock.

Liberty Broadband Stock Up 11.5 %

NASDAQ LBRDK traded up $8.87 during trading on Friday, hitting $86.23. 1,177,687 shares of the company traded hands, compared to its average volume of 1,044,404. The business has a fifty day simple moving average of $81.44 and a 200 day simple moving average of $81.48. Liberty Broadband Co. has a 12 month low of $46.46 and a 12 month high of $101.50. The company has a current ratio of 2.07, a quick ratio of 2.07 and a debt-to-equity ratio of 0.40. The company has a market capitalization of $12.36 billion, a P/E ratio of 15.88 and a beta of 1.03.

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

Wall Street Analyst Weigh In

Separately, StockNews.com assumed coverage on shares of Liberty Broadband in a research note on Tuesday. They issued a "sell" rating on the stock.

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.