Hara Capital LLC Buys Shares of 48,586 GCI Liberty, Inc. – Series C GCI Group $GLIBK

Hara Capital LLC bought a new position in GCI Liberty, Inc. – Series C GCI Group (NASDAQ:GLIBK) in the fourth quarter, Holdings Channel.com reports. The firm bought 48,586 shares of the company’s stock, valued at approximately $1,808,000. GCI Liberty, Inc. – Series C GCI Group comprises about 1.0% of Hara Capital LLC’s investment portfolio, making the stock its 25th biggest holding.

A number of other hedge funds also recently made changes to their positions in the stock. Central Pacific Bank Trust Division bought a new stake in shares of GCI Liberty, Inc. – Series C GCI Group during the 4th quarter valued at approximately $48,000. JPMorgan Chase & Co. bought a new position in GCI Liberty, Inc. – Series C GCI Group in the 3rd quarter valued at approximately $1,886,000. Tudor Investment Corp ET AL bought a new position in GCI Liberty, Inc. – Series C GCI Group in the 3rd quarter valued at approximately $846,000. Mirabella Financial Services LLP acquired a new stake in GCI Liberty, Inc. – Series C GCI Group in the third quarter valued at approximately $559,000. Finally, Hudson Bay Capital Management LP acquired a new stake in GCI Liberty, Inc. – Series C GCI Group in the third quarter valued at approximately $932,000.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on GLIBK. Weiss Ratings upgraded 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 raised GCI Liberty, Inc. – Series C GCI Group to a “hold” rating in a report on Wednesday, February 4th. Two equities research analysts have rated the stock with a Hold rating, According to MarketBeat, the company currently has an average rating of “Hold”.

GCI Liberty, Inc. – Series C GCI Group Trading Up 1.4%

NASDAQ:GLIBK opened at $37.21 on Wednesday. The business’s 50-day moving average price is $37.82. GCI Liberty, Inc. – Series C GCI Group has a 1-year low of $29.00 and a 1-year high of $41.17. The company has a debt-to-equity ratio of 0.62, a quick ratio of 3.14 and a current ratio of 3.14. The company has a market capitalization of $1.33 billion and a PE ratio of 5.36.

GCI Liberty, Inc. – Series C GCI Group (NASDAQ:GLIBK) last issued its quarterly earnings data on Wednesday, February 11th. The company reported $1.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.00 by $0.24. The business 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 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.