Quantbot Technologies LP Acquires Shares of 13,524 GCI Liberty, Inc. – Series C GCI Group $GLIBK

Quantbot Technologies LP bought a new stake in shares of GCI Liberty, Inc. – Series C GCI Group (NASDAQ:GLIBK) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 13,524 shares of the company’s stock, valued at approximately $504,000.

A number of other hedge funds and other institutional investors have also modified their holdings of GLIBK. Versor Investments LP acquired a new stake in shares of GCI Liberty, Inc. – Series C GCI Group during the 3rd quarter valued at approximately $2,657,000. Highbridge Capital Management LLC acquired a new position in GCI Liberty, Inc. – Series C GCI Group in the third quarter worth $19,509,000. S&CO Inc. bought a new stake in GCI Liberty, Inc. – Series C GCI Group during the third quarter valued at $1,121,000. Rothschild & Co Wealth Management UK Ltd bought a new stake in GCI Liberty, Inc. – Series C GCI Group during the third quarter valued at $6,942,000. Finally, Alberta Investment Management Corp acquired a new stake in shares of GCI Liberty, Inc. – Series C GCI Group during the third quarter worth $23,480,000.

Wall Street Analyst Weigh In

Several research analysts have recently commented on GLIBK shares. Weiss Ratings raised shares of GCI Liberty, Inc. – Series C GCI Group from a “sell (d+)” rating to a “hold (c)” rating in a 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, the stock presently has a consensus rating of “Hold”.

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

Shares of GLIBK stock opened at $37.65 on Monday. 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 price-to-earnings ratio of 5.43. The stock’s fifty day simple moving average is $38.10. 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 (NASDAQ:GLIBK) last issued its quarterly earnings results on Wednesday, February 11th. The company reported $1.24 EPS for the quarter, beating analysts’ consensus estimates of $1.00 by $0.24. The business had revenue of $262.00 million for the quarter, compared to analyst estimates of $264.00 million.

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.