Slotnik Capital LLC Buys Shares of 163,634 GCI Liberty, Inc. – Series C GCI Group $GLIBK

Slotnik Capital LLC purchased a new position in GCI Liberty, Inc. – Series C GCI Group (NASDAQ:GLIBK) during the 3rd quarter, according to its most recent disclosure with the SEC. The fund purchased 163,634 shares of the company’s stock, valued at approximately $6,099,000. GCI Liberty, Inc. – Series C GCI Group accounts for 1.9% of Slotnik Capital LLC’s holdings, making the stock its 11th largest position.

A number of other large investors also recently modified their holdings of GLIBK. Western Pacific Wealth Management LP acquired a new stake in shares of GCI Liberty, Inc. – Series C GCI Group in the third quarter worth $31,000. Bartlett & CO. Wealth Management LLC bought a new position in GCI Liberty, Inc. – Series C GCI Group during the third quarter worth $48,000. JTC Employer Solutions Trustee Ltd acquired a new position in GCI Liberty, Inc. – Series C GCI Group during the 3rd quarter valued at $49,000. Amalgamated Bank bought a new stake in GCI Liberty, Inc. – Series C GCI Group in the 3rd quarter valued at $50,000. Finally, Whittier Trust Co. bought a new stake in GCI Liberty, Inc. – Series C GCI Group in the 3rd quarter valued at $64,000.

Analysts Set New Price Targets

Several analysts have issued reports on the stock. Weiss Ratings upgraded shares of GCI Liberty, Inc. – Series C GCI Group from a “sell (d+)” rating to a “hold (c)” rating in a research report on Thursday, February 12th. Zacks Research upgraded shares of GCI Liberty, Inc. – Series C GCI Group to a “hold” rating in a research note on Wednesday, February 4th. Two equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

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

GLIBK opened at $36.60 on Friday. The company’s 50 day moving average price is $38.12. The company has a current ratio of 3.14, a quick ratio of 3.14 and a debt-to-equity ratio of 0.62. The company has a market capitalization of $1.31 billion and a PE ratio of 5.27. GCI Liberty, Inc. – Series C GCI Group has a 1 year low of $29.00 and a 1 year high of $41.17.

GCI Liberty, Inc. – Series C GCI Group (NASDAQ:GLIBK) last issued 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 the consensus estimate of $264.00 million.

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.