Tudor Investment Corp ET AL Raises Holdings in Liberty Broadband Co. (NASDAQ:LBRDK)

Tudor Investment Corp ET AL increased its position in shares of Liberty Broadband Co. (NASDAQ:LBRDK - Free Report) by 34.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 270,121 shares of the company's stock after acquiring an additional 69,638 shares during the period. Tudor Investment Corp ET AL owned approximately 0.19% of Liberty Broadband worth $20,194,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Madison Investment Advisors LLC purchased a new stake in Liberty Broadband in the fourth quarter worth $122,714,000. Norges Bank bought a new position in shares of Liberty Broadband in the fourth quarter worth approximately $100,845,000. Adage Capital Partners GP L.L.C. boosted its stake in Liberty Broadband by 425.3% during the 4th quarter. Adage Capital Partners GP L.L.C. now owns 1,231,136 shares of the company's stock valued at $92,040,000 after purchasing an additional 996,764 shares during the last quarter. Assenagon Asset Management S.A. boosted its position in shares of Liberty Broadband by 23.7% during the fourth quarter. Assenagon Asset Management S.A. now owns 3,585,407 shares of the company's stock valued at $268,045,000 after buying an additional 686,089 shares during the last quarter. Finally, Magnetar Financial LLC bought a new stake in shares of Liberty Broadband in the fourth quarter worth approximately $46,906,000. 80.22% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Separately, StockNews.com initiated coverage on Liberty Broadband in a research report on Wednesday. They issued a "sell" rating on the stock.

Liberty Broadband Trading Up 1.6 %

LBRDK traded up $1.39 on Wednesday, hitting $90.39. The company had a trading volume of 796,910 shares, compared to its average volume of 1,038,057. The business's fifty day simple moving average is $81.70 and its 200 day simple moving average is $81.61. Liberty Broadband Co. has a 12-month low of $49.29 and a 12-month high of $101.50. The company has a market cap of $12.95 billion, a PE ratio of 16.65 and a beta of 1.03. 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 (NASDAQ:LBRDK - Get Free Report) last released its earnings results on Thursday, February 27th. The company reported $2.04 earnings per share for the quarter, missing analysts' consensus estimates of $3.67 by ($1.63). The business had revenue of $253.00 million during the quarter, compared to analysts' expectations of $252.50 million. Liberty Broadband had a return on equity of 8.45% and a net margin of 78.07%. Equities research analysts expect that Liberty Broadband Co. will post 7.71 EPS for the current year.

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.