Thompson Siegel & Walmsley LLC Has $10.79 Million Stock Position in 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% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 290,040 shares of the company’s stock after acquiring an additional 101,539 shares during the period. Thompson Siegel & Walmsley LLC owned approximately 1.01% of GCI Liberty, Inc. – Series C GCI Group worth $10,792,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. UBS Group AG increased its position in shares of GCI Liberty, Inc. – Series C GCI Group by 56.1% during the fourth quarter. UBS Group AG now owns 3,233,608 shares of the company’s stock worth $120,323,000 after acquiring an additional 1,162,370 shares in the last quarter. Barclays PLC bought a new stake in shares of GCI Liberty, Inc. – Series C GCI Group during the third quarter worth about $119,947,000. Vanguard Group Inc. boosted its position in shares of GCI Liberty, Inc. – Series C GCI Group by 40.2% during the fourth quarter. Vanguard Group Inc. now owns 3,057,197 shares of the company’s stock valued at $113,758,000 after buying an additional 876,902 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in GCI Liberty, Inc. – Series C GCI Group by 6,855,845.5% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,262,462 shares of the company’s stock worth $84,186,000 after buying an additional 2,262,429 shares in the last quarter. Finally, Alberta Investment Management Corp bought a new stake in GCI Liberty, Inc. – Series C GCI Group during the third quarter worth $23,480,000.

Analyst Ratings Changes

Several brokerages recently issued reports on GLIBK. Zacks Research downgraded GCI Liberty, Inc. – Series C GCI Group from a “hold” rating to a “strong sell” rating in a report on Thursday, May 14th. Weiss Ratings lowered 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. Two investment analysts have rated the stock with a Sell rating, According to MarketBeat, the company has a consensus rating of “Sell”.

GCI Liberty, Inc. – Series C GCI Group Stock Down 1.4%

GCI Liberty, Inc. – Series C GCI Group stock opened at $22.06 on Tuesday. GCI Liberty, Inc. – Series C GCI Group has a twelve month low of $21.49 and a twelve month high of $41.17. The firm has a 50 day moving average price of $32.21 and a 200-day moving average price of $34.97. The company has a market capitalization of $790.85 million and a P/E ratio of -2.06. The company has a quick ratio of 3.31, a current ratio of 3.31 and a debt-to-equity ratio of 0.61.

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

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.