GCI Liberty (NASDAQ:GLIBA)‘s stock had its “buy” rating reaffirmed by investment analysts at B. Riley in a report issued on Tuesday. B. Riley also issued estimates for GCI Liberty’s Q4 2018 earnings at ($0.23) EPS, FY2018 earnings at ($2.17) EPS, FY2019 earnings at ($0.75) EPS, FY2020 earnings at ($0.53) EPS and FY2021 earnings at ($0.35) EPS.

GLIBA stock opened at $46.58 on Tuesday. The company has a debt-to-equity ratio of 0.62, a quick ratio of 4.96 and a current ratio of 4.96. GCI Liberty has a 52-week low of $41.33 and a 52-week high of $55.47.

GCI Liberty (NASDAQ:GLIBA) last issued its quarterly earnings results on Thursday, November 8th. The company reported ($0.73) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.11) by ($0.62). The company had revenue of $210.15 million during the quarter, compared to analysts’ expectations of $234.00 million. GCI Liberty had a negative net margin of 67.49% and a negative return on equity of 26.66%.

A number of institutional investors have recently modified their holdings of GLIBA. Allianz Asset Management GmbH acquired a new stake in GCI Liberty in the 1st quarter valued at about $201,000. Bank of Montreal Can raised its holdings in GCI Liberty by 38.0% in the 2nd quarter. Bank of Montreal Can now owns 8,667 shares of the company’s stock valued at $391,000 after acquiring an additional 2,387 shares during the last quarter. BNP Paribas Arbitrage SA raised its holdings in GCI Liberty by 939.1% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 4,115 shares of the company’s stock valued at $186,000 after acquiring an additional 3,719 shares during the last quarter. Aperio Group LLC raised its holdings in GCI Liberty by 32.2% in the 2nd quarter. Aperio Group LLC now owns 26,738 shares of the company’s stock valued at $1,205,000 after acquiring an additional 6,511 shares during the last quarter. Finally, Alps Advisors Inc. raised its holdings in GCI Liberty by 2.4% in the 2nd quarter. Alps Advisors Inc. now owns 151,200 shares of the company’s stock valued at $6,816,000 after acquiring an additional 3,500 shares during the last quarter. 83.62% of the stock is currently owned by hedge funds and other institutional investors.

GCI Liberty Company Profile

GCI Liberty, Inc provides various communication services in the United States. The company offers data, wireless, video, voice, and managed services to residential customers, businesses, governmental entities, and educational and medical institutions. It also provides cable services; and online invitation and social event planning services, as well as engages in the online lending and real estate business.

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