Hall Kathryn A. Makes New Investment in GCI Liberty, Inc. – Series C GCI Group $GLIBK

Hall Kathryn A. acquired a new position in shares of GCI Liberty, Inc. – Series C GCI Group (NASDAQ:GLIBK) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 16,803 shares of the company’s stock, valued at approximately $626,000. GCI Liberty, Inc. – Series C GCI Group comprises 0.3% of Hall Kathryn A.’s investment portfolio, making the stock its 16th largest holding.

A number of other hedge funds have also modified their holdings of the business. Bartlett & CO. Wealth Management LLC acquired a new stake in GCI Liberty, Inc. – Series C GCI Group in the 3rd quarter valued at approximately $48,000. ARS Investment Partners LLC purchased a new position in GCI Liberty, Inc. – Series C GCI Group in the third quarter valued at approximately $298,000. Western Pacific Wealth Management LP purchased a new stake in shares of GCI Liberty, Inc. – Series C GCI Group during the 3rd quarter worth approximately $31,000. KLP Kapitalforvaltning AS acquired a new position in shares of GCI Liberty, Inc. – Series C GCI Group in the 3rd quarter valued at $180,000. Finally, JTC Employer Solutions Trustee Ltd purchased a new position in shares of GCI Liberty, Inc. – Series C GCI Group in the 3rd quarter valued at $49,000.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on GLIBK. Zacks Research upgraded GCI Liberty, Inc. – Series C GCI Group to a “hold” rating in a research report on Wednesday, February 4th. Weiss Ratings raised GCI Liberty, Inc. – Series C GCI Group from a “sell (d+)” rating to a “hold (c)” rating in a report on Thursday, February 12th. Two research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock currently has a consensus rating of “Hold”.

GCI Liberty, Inc. – Series C GCI Group Stock Down 1.0%

NASDAQ GLIBK opened at $36.60 on Monday. The stock has a market capitalization of $1.31 billion and a price-to-earnings ratio of 5.27. GCI Liberty, Inc. – Series C GCI Group has a 52-week low of $29.00 and a 52-week high of $41.17. The business’s 50-day moving average is $38.12. The company has a debt-to-equity ratio of 0.62, a quick ratio of 3.14 and a current ratio of 3.14.

GCI Liberty, Inc. – Series C GCI Group (NASDAQ:GLIBK) last posted its quarterly earnings data on Wednesday, February 11th. The company reported $1.24 EPS for the quarter, beating the consensus estimate of $1.00 by $0.24. The company had revenue of $262.00 million for the quarter, compared to analysts’ expectations of $264.00 million.

GCI Liberty, Inc. – Series C GCI Group Company Profile

GCI Liberty Inc is an American holding company whose principal operating asset is a majority ownership interest in General Communication Inc, the largest integrated telecommunications provider in the state of Alaska. GCI Liberty was formed in December 2019 as a tracking stock of Liberty Interactive Group to hold certain communications and digital media investments. Its shares trade on the NASDAQ under the ticker symbol GLIBK.

Through its subsidiary, the company delivers high-speed broadband internet, cable and direct-to-home video distribution, fixed voice, and mobile wireless services to residential customers across Alaska.