Thompson Siegel & Walmsley LLC Buys 101,539 Shares of GCI Liberty, Inc. – Series C GCI Group $GLIBK

Thompson Siegel & Walmsley LLC lifted its holdings in shares of GCI Liberty, Inc. – Series C GCI Group (NASDAQ:GLIBK) by 53.9% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 290,040 shares of the company’s stock after acquiring an additional 101,539 shares during the quarter. Thompson Siegel & Walmsley LLC’s holdings in GCI Liberty, Inc. – Series C GCI Group were worth $10,792,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of GLIBK. Quarry LP purchased a new stake in shares of GCI Liberty, Inc. – Series C GCI Group during the 3rd quarter valued at approximately $30,000. FNY Investment Advisers LLC purchased a new stake in shares of GCI Liberty, Inc. – Series C GCI Group during the 4th quarter valued at approximately $33,000. Central Pacific Bank Trust Division purchased a new stake in shares of GCI Liberty, Inc. – Series C GCI Group during the 4th quarter valued at approximately $48,000. Highlander Partners L.P. purchased a new stake in shares of GCI Liberty, Inc. – Series C GCI Group during the 4th quarter valued at approximately $63,000. Finally, US Bancorp DE purchased a new stake in shares of GCI Liberty, Inc. – Series C GCI Group during the 3rd quarter valued at approximately $79,000.

GCI Liberty, Inc. – Series C GCI Group Stock Performance

NASDAQ GLIBK opened at $22.06 on Tuesday. GCI Liberty, Inc. – Series C GCI Group has a 1 year low of $21.49 and a 1 year high of $41.17. The company has a debt-to-equity ratio of 0.61, a current ratio of 3.31 and a quick ratio of 3.31. The stock has a market capitalization of $790.85 million and a PE ratio of -2.06. The company’s 50 day simple moving average is $32.21 and its two-hundred day simple moving average is $34.97.

GCI Liberty, Inc. – Series C GCI Group (NASDAQ:GLIBK) last posted its earnings results on Thursday, May 7th. The company reported $0.45 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.21 by ($0.76). GCI Liberty, Inc. – Series C GCI Group had a positive return on equity of 12.74% and a negative net margin of 31.47%. Analysts predict that GCI Liberty, Inc. – Series C GCI Group will post 3.36 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the stock. Weiss Ratings cut shares of GCI Liberty, Inc. – Series C GCI Group from a “sell (d+)” rating to a “sell (d)” rating in a research note on Thursday, May 21st. Zacks Research lowered GCI Liberty, Inc. – Series C GCI Group from a “hold” rating to a “strong sell” rating in a report on Thursday, May 14th. Two research analysts have rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

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.