Liberty Broadband Corporation $LBRDK Shares Purchased by Natixis Advisors LLC

Natixis Advisors LLC boosted its stake in Liberty Broadband Corporation (NASDAQ:LBRDK) by 3.8% during the 4th quarter, HoldingsChannel reports. The fund owned 552,590 shares of the company’s stock after buying an additional 20,028 shares during the period. Natixis Advisors LLC’s holdings in Liberty Broadband were worth $26,856,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Highlander Partners L.P. acquired a new stake in Liberty Broadband in the fourth quarter valued at $26,000. eCIO Inc. acquired a new stake in Liberty Broadband in the fourth quarter valued at $30,000. Johnson Financial Group Inc. acquired a new stake in Liberty Broadband in the third quarter valued at $42,000. EverSource Wealth Advisors LLC raised its holdings in Liberty Broadband by 59.3% in the second quarter. EverSource Wealth Advisors LLC now owns 733 shares of the company’s stock valued at $72,000 after acquiring an additional 273 shares in the last quarter. Finally, Danske Bank A S acquired a new stake in Liberty Broadband in the third quarter valued at $51,000. 80.22% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts recently issued reports on LBRDK shares. Wall Street Zen raised shares of Liberty Broadband from a “strong sell” rating to a “sell” rating in a report on Saturday, May 2nd. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Liberty Broadband in a report on Friday, March 27th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Liberty Broadband presently has an average rating of “Sell”.

Liberty Broadband Stock Up 0.0%

Liberty Broadband stock opened at $30.17 on Friday. The company has a 50-day simple moving average of $42.76 and a 200-day simple moving average of $46.98. The firm has a market capitalization of $4.33 billion, a P/E ratio of -1.57 and a beta of 0.66. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.09 and a current ratio of 1.09. Liberty Broadband Corporation has a one year low of $29.66 and a one year high of $101.46.

About Liberty Broadband

Liberty Broadband Corporation is a publicly traded holding company that principally invests in broadband and cable businesses. Established in 2014 as a spin-off from Liberty Interactive Corporation, the company was designed to provide investors with targeted exposure to high-growth broadband assets. Headquartered in Englewood, Colorado, Liberty Broadband uses a tracking-stock structure to reflect the performance of its key investments rather than operating a stand-alone service business.

The company’s primary asset is its substantial equity interest in Charter Communications, one of the largest cable and broadband providers in the United States.