Tudor Investment Corp ET AL Invests $846,000 in GCI Liberty, Inc. – Series C GCI Group $GLIBK

Tudor Investment Corp ET AL bought a new stake in shares of GCI Liberty, Inc. – Series C GCI Group (NASDAQ:GLIBK) during the third quarter, Holdings Channel reports. The fund bought 22,699 shares of the company’s stock, valued at approximately $846,000.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Quarry LP purchased a new stake in GCI Liberty, Inc. – Series C GCI Group in the 3rd quarter worth $30,000. Western Pacific Wealth Management LP acquired a new position in GCI Liberty, Inc. – Series C GCI Group during the third quarter worth $31,000. Bartlett & CO. Wealth Management LLC purchased a new position in GCI Liberty, Inc. – Series C GCI Group during the third quarter valued at $48,000. JTC Employer Solutions Trustee Ltd acquired a new stake in shares of GCI Liberty, Inc. – Series C GCI Group in the third quarter valued at about $49,000. Finally, Amalgamated Bank acquired a new stake in shares of GCI Liberty, Inc. – Series C GCI Group in the third quarter valued at about $50,000.

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

GLIBK opened at $36.68 on Tuesday. The firm has a market capitalization of $1.31 billion and a price-to-earnings ratio of 5.29. The company has a quick ratio of 3.14, a current ratio of 3.14 and a debt-to-equity ratio of 0.62. GCI Liberty, Inc. – Series C GCI Group has a twelve month low of $29.00 and a twelve month high of $41.17. The stock’s 50-day simple moving average is $37.82.

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

Analyst Ratings Changes

A number of brokerages recently weighed in on GLIBK. Zacks Research raised shares of GCI Liberty, Inc. – Series C GCI Group to a “hold” rating in a research note on Wednesday, February 4th. Weiss Ratings upgraded 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. Two analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

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.