Hall Kathryn A. Invests $626,000 in GCI Liberty, Inc. – Series C GCI Group $GLIBK

Hall Kathryn A. bought a new stake in shares of GCI Liberty, Inc. – Series C GCI Group (NASDAQ:GLIBK) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 16,803 shares of the company’s stock, valued at approximately $626,000. GCI Liberty, Inc. – Series C GCI Group makes up about 0.3% of Hall Kathryn A.’s holdings, making the stock its 16th largest position. Hall Kathryn A. owned about 0.06% of GCI Liberty, Inc. – Series C GCI Group as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Barclays PLC acquired a new position in GCI Liberty, Inc. – Series C GCI Group during the third quarter worth $119,947,000. Vanguard Group Inc. acquired a new position in shares of GCI Liberty, Inc. – Series C GCI Group during the 3rd quarter worth about $81,260,000. UBS Group AG purchased a new position in GCI Liberty, Inc. – Series C GCI Group in the 3rd quarter valued at about $77,195,000. Alberta Investment Management Corp acquired a new stake in GCI Liberty, Inc. – Series C GCI Group in the 3rd quarter worth about $23,480,000. Finally, Holocene Advisors LP purchased a new stake in GCI Liberty, Inc. – Series C GCI Group during the 3rd quarter worth approximately $22,362,000.

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

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

GCI Liberty, Inc. – Series C GCI Group (NASDAQ:GLIBK) last issued its earnings results on Wednesday, February 11th. The company reported $1.24 earnings per share for the quarter, topping the consensus estimate of $1.00 by $0.24. The company had revenue of $262.00 million for the quarter, compared to analyst estimates of $264.00 million.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the company. 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 research note on Thursday, February 12th. Two research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company has an average rating of “Hold”.

About GCI Liberty, Inc. – Series C GCI Group

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.