Assenagon Asset Management S. A. Increases Stake in Liberty Broadband Corporation $LBRDK
Assenagon Asset Management S. A. boosted its stake in Liberty Broadband Corporation (NASDAQ:LBRDK - Free Report) by 8. 5% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,416,591 shares of the company's stock after purchasing an additional 1
Assenagon Asset Management S. A. boosted its stake in Liberty Broadband Corporation (NASDAQ:LBRDK-Free Report) by 8. 5% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,416,591 shares of the company's stock after purchasing an additional 189,394 shares during the quarter. Assenagon Asset Management S. A. owned about 1. 68% of Liberty Broadband worth $80,376,000 as of its most recent filing with the SEC. GetLiberty Broadbandalerts:A number of other large investors also recently bought and sold shares of the stock. Banyan Capital Management Inc. purchased a new position in shares of Liberty Broadband in the 4th quarter worth about $3,366,000. M&T Bank Corp lifted its position in Liberty Broadband by 4,476. 6% during the fourth quarter. M&T Bank Corp now owns 234,824 shares of the company's stock valued at $12,421,000 after buying an additional 229,693 shares in the last quarter. Investment Management Associates Inc. ADV grew its stake in Liberty Broadband by 8. 8% during the first quarter. Investment Management Associates Inc. ADV now owns 467,220 shares of the company's stock worth $23,501,000 after buying an additional 37,936 shares during the period. Sei Investments Co. increased its position in shares of Liberty Broadband by 75. 7% in the first quarter. Sei Investments Co. now owns 162,451 shares of the company's stock worth $8,171,000 after acquiring an additional 69,971 shares in the last quarter. Finally, Quantinno Capital Management LP lifted its holdings in shares of Liberty Broadband by 30. 8% during the 1st quarter. Quantinno Capital Management LP now owns 387,044 shares of the company's stock valued at $19,468,000 after acquiring an additional 91,176 shares in the last quarter. Hedge funds and other institutional investors own 80. 22% of the company's stock. Liberty Broadband Stock PerformanceShares ofLiberty Broadband stockopened at $35. 88 on Friday. The firm has a market cap of $5. 15 billion, a PE ratio of -5. 13 and a beta of 0. 64. Liberty Broadband Corporation has a 1 year low of $26. 25 and a 1 year high of $65. 72. The firm's 50-day simple moving average is $31. 97 and its 200-day simple moving average is $42. 01. The company has a debt-to-equity ratio of 0. 10, a quick ratio of 0. 09 and a current ratio of 0. 09. Analysts Set New Price TargetsSeveral research firms have commented on LBRDK. Wall Street Zenlowered Liberty Broadband from a "sell" rating to a "strong sell" rating in a research report on Saturday, August 1st. Weiss Ratingsdowngraded Liberty Broadband from a "sell (d)" rating to a "sell (d-)" rating in a report on Monday. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the company presently has a consensus rating of "Sell". View Our Latest Stock Report on LBRDKLiberty Broadband Profile(Free Report)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. See AlsoFive stocks we like better than Liberty BroadbandDatadog’s Drop Says More About Expectations Than EarningsD-Wave's Quantum Breakthrough Couldn't Save QBTS From a Sell-OffCloudflare’s Beat-and-Raise Quarter Puts Its AI Edge Story in FocusSolventum Nears Inflection Point As It Begins to Unlock ValueWant to see what other hedge funds are holding LBRDK?Visit HoldingsChannel. comto get the latest 13F filings and insider trades for Liberty Broadband Corporation (NASDAQ:LBRDK-Free Report). This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat. com. Continue following MarketBeatAdd MarketBeat as your preferred source on Google to see our latest stories in your feed. 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