Quantinno Capital Management LP Acquires 12,095 Shares of Liberty Broadband Co. (NASDAQ:LBRDK)

Quantinno Capital Management LP grew its holdings in shares of Liberty Broadband Co. (NASDAQ:LBRDK) by 37.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 44,748 shares of the company’s stock after acquiring an additional 12,095 shares during the period. Quantinno Capital Management LP’s holdings in Liberty Broadband were worth $3,345,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of LBRDK. Smartleaf Asset Management LLC boosted its holdings in Liberty Broadband by 61.1% in the 4th 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 period. Blue Trust Inc. boosted its holdings in Liberty Broadband by 134.3% in the 4th quarter. Blue Trust Inc. now owns 464 shares of the company’s stock worth $36,000 after buying an additional 266 shares during the period. Lee Danner & Bass Inc. bought a new position in Liberty Broadband in the 4th quarter worth $36,000. Jones Financial Companies Lllp boosted its holdings in Liberty Broadband by 138.0% in the 4th quarter. Jones Financial Companies Lllp now owns 488 shares of the company’s stock worth $36,000 after buying an additional 283 shares during the period. Finally, R Squared Ltd bought a new position in Liberty Broadband in the 4th quarter worth $37,000. Institutional investors own 80.22% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com began coverage on shares of Liberty Broadband in a report on Friday. They issued a “sell” rating for the company.

Liberty Broadband Stock Down 2.2%

LBRDK opened at $99.08 on Tuesday. The firm has a 50-day simple moving average of $84.79 and a two-hundred day simple moving average of $82.87. Liberty Broadband Co. has a 52 week low of $49.38 and a 52 week high of $104.00. The company has a market capitalization of $14.20 billion, a PE ratio of 18.25 and a beta of 1.02. 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) last released its quarterly earnings data on Wednesday, May 7th. The company reported $1.87 EPS for the quarter. Liberty Broadband had a net margin of 78.07% and a return on equity of 8.45%. The business had revenue of $256.00 million during the quarter. Analysts forecast that Liberty Broadband Co. will post 7.71 earnings per share for the current fiscal year.

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.