Quantbot Technologies LP Makes New Investment in GCI Liberty, Inc. – Series C GCI Group $GLIBK

Quantbot Technologies LP purchased a new position in GCI Liberty, Inc. – Series C GCI Group (NASDAQ:GLIBK) in the third quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 13,524 shares of the company’s stock, valued at approximately $504,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Handelsbanken Fonder AB acquired a new position in shares of GCI Liberty, Inc. – Series C GCI Group during the third quarter valued at approximately $203,000. US Bancorp DE acquired a new stake in GCI Liberty, Inc. – Series C GCI Group in the third quarter worth approximately $79,000. Weitz Investment Management Inc. bought a new position in GCI Liberty, Inc. – Series C GCI Group during the 3rd quarter valued at $3,731,000. Highbridge Capital Management LLC bought a new position in GCI Liberty, Inc. – Series C GCI Group during the 3rd quarter valued at $19,509,000. Finally, Aire Advisors LLC acquired a new position in shares of GCI Liberty, Inc. – Series C GCI Group during the 3rd quarter valued at $223,000.

GCI Liberty, Inc. – Series C GCI Group Trading Up 0.3%

NASDAQ GLIBK opened at $37.65 on Monday. The company has a current ratio of 3.14, a quick ratio of 3.14 and a debt-to-equity ratio of 0.62. GCI Liberty, Inc. – Series C GCI Group has a 1 year low of $29.00 and a 1 year high of $41.17. The firm has a market cap of $1.35 billion and a P/E ratio of 5.43. The business’s 50-day moving average is $38.10.

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

Analyst Ratings Changes

A number of analysts have recently commented on the company. 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. Zacks Research raised GCI Liberty, Inc. – Series C GCI Group to a “hold” rating in a research note on Wednesday, February 4th. Two analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company has a consensus rating of “Hold”.

GCI Liberty, Inc. – Series C GCI Group 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.