Natixis Makes New $1.40 Million Investment in Liberty Broadband Co. (NASDAQ:LBRDA)

Natixis purchased a new stake in Liberty Broadband Co. (NASDAQ:LBRDA - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 18,856 shares of the company's stock, valued at approximately $1,402,000.

A number of other large investors have also modified their holdings of the stock. Ossiam acquired a new stake in shares of Liberty Broadband during the 4th quarter worth about $207,000. Gamco Investors INC. ET AL lifted its position 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 buying an additional 232 shares during the last quarter. Barclays PLC boosted its holdings in shares of Liberty Broadband by 129.3% in the 4th quarter. Barclays PLC now owns 11,207 shares of the company's stock valued at $833,000 after buying an additional 6,320 shares in the last quarter. Sterling Capital Management LLC grew its position in shares of Liberty Broadband by 48.2% in the 4th quarter. Sterling Capital Management LLC now owns 815 shares of the company's stock valued at $61,000 after buying an additional 265 shares during the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in Liberty Broadband during the 4th quarter worth $306,000. Hedge funds and other institutional investors own 10.29% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, Benchmark cut 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 assigned a buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $86.20.

Liberty Broadband Price Performance

LBRDA stock traded up $0.97 on Monday, reaching $86.03. The company had a trading volume of 67,190 shares, compared to its average volume of 122,594. 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 Co. has a 1 year low of $49.24 and a 1 year high of $100.44. The company's fifty day moving average is $80.69 and its 200 day moving average is $80.82. The company has a market cap of $12.33 billion, a P/E ratio of 15.86 and a beta of 1.03.

Liberty Broadband (NASDAQ:LBRDA - Get Free Report) last announced its quarterly earnings data on Thursday, February 27th. The company reported $2.04 EPS for the quarter, beating analysts' consensus estimates of $1.73 by $0.31. The business had revenue of $263.00 million during the quarter, compared to the consensus estimate of $252.50 million. Liberty Broadband had a return on equity of 8.45% and a net margin of 78.07%.

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. 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.