Grantham Mayo Van Otterloo & Co. LLC Boosts Holdings in Liberty Broadband Co. (NASDAQ:LBRDK)

Grantham Mayo Van Otterloo & Co. LLC grew its position in Liberty Broadband Co. (NASDAQ:LBRDK) by 0.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 484,887 shares of the company’s stock after purchasing an additional 1,345 shares during the quarter. Grantham Mayo Van Otterloo & Co. LLC’s holdings in Liberty Broadband were worth $36,250,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in LBRDK. Cerity Partners LLC grew its stake in shares of Liberty Broadband by 8.3% during the third quarter. Cerity Partners LLC now owns 7,357 shares of the company’s stock worth $569,000 after acquiring an additional 562 shares during the last quarter. The Manufacturers Life Insurance Company grew its position in Liberty Broadband by 0.5% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 27,186 shares of the company’s stock worth $2,101,000 after purchasing an additional 125 shares during the last quarter. FMR LLC increased its stake in Liberty Broadband by 104.4% during the 3rd quarter. FMR LLC now owns 563,964 shares of the company’s stock valued at $43,589,000 after purchasing an additional 288,078 shares in the last quarter. Captrust Financial Advisors increased its stake in Liberty Broadband by 15.3% during the 3rd quarter. Captrust Financial Advisors now owns 4,417 shares of the company’s stock valued at $341,000 after purchasing an additional 586 shares in the last quarter. Finally, Integrated Wealth Concepts LLC purchased a new position in shares of Liberty Broadband in the third quarter worth $301,000. 80.22% of the stock is owned by institutional investors and hedge funds.

Liberty Broadband Price Performance

Shares of NASDAQ LBRDK opened at $77.10 on Friday. Liberty Broadband Co. has a 52 week low of $46.46 and a 52 week high of $101.50. 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 cap of $11.05 billion, a P/E ratio of 14.20 and a beta of 1.06. The business’s 50 day moving average price is $81.82 and its 200 day moving average price is $81.05.

Liberty Broadband (NASDAQ:LBRDK) last released its quarterly earnings data 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 analyst estimates of $252.50 million. Liberty Broadband had a return on equity of 8.45% and a net margin of 78.07%. On average, sell-side analysts expect that Liberty Broadband Co. will post 7.71 earnings per share for the current year.

Analyst Upgrades and Downgrades

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

Liberty Broadband 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.