Deutsche Bank AG Has $228.78 Million Stake in Liberty Broadband Co. (NASDAQ:LBRDK)

Deutsche Bank AG grew its holdings in Liberty Broadband Co. (NASDAQ:LBRDK - Free Report) by 125.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,060,143 shares of the company's stock after acquiring an additional 1,703,637 shares during the period. Deutsche Bank AG owned about 2.14% of Liberty Broadband worth $228,776,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also modified their holdings of the company. Smartleaf Asset Management LLC increased its holdings in Liberty Broadband by 61.1% in the fourth quarter. Smartleaf Asset Management LLC now owns 406 shares of the company's stock valued at $30,000 after buying an additional 154 shares in the last quarter. Blue Trust Inc. increased its holdings in Liberty Broadband by 134.3% in the 4th quarter. Blue Trust Inc. now owns 464 shares of the company's stock valued at $36,000 after purchasing an additional 266 shares in the last quarter. Jones Financial Companies Lllp boosted its position in Liberty Broadband by 138.0% in the 4th quarter. Jones Financial Companies Lllp now owns 488 shares of the company's stock valued at $36,000 after buying an additional 283 shares during the last quarter. Lee Danner & Bass Inc. purchased a new position in Liberty Broadband in the 4th quarter valued at about $36,000. Finally, R Squared Ltd bought a new position in shares of Liberty Broadband during the fourth quarter worth about $37,000. Institutional investors and hedge funds own 80.22% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com initiated coverage on Liberty Broadband in a research report on Thursday, May 8th. They issued a "sell" rating on the stock.

Liberty Broadband Stock Performance

NASDAQ LBRDK traded up $1.75 during trading on Thursday, hitting $97.88. The company's stock had a trading volume of 292,858 shares, compared to its average volume of 1,019,763. 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 50 day moving average price of $83.75 and a 200 day moving average price of $82.53. The firm has a market cap of $14.02 billion, a P/E ratio of 18.02 and a beta of 1.02. Liberty Broadband Co. has a 52 week low of $49.38 and a 52 week high of $101.50.

Liberty Broadband (NASDAQ:LBRDK - Get Free Report) last released its quarterly earnings data on Wednesday, May 7th. The company reported $1.87 earnings per share (EPS) for the quarter. The firm had revenue of $256.00 million during the quarter. Liberty Broadband had a return on equity of 8.45% and a net margin of 78.07%. Equities research analysts forecast that Liberty Broadband Co. will post 7.71 earnings per share for the current fiscal year.

About Liberty Broadband

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.