Mirabella Financial Services LLP Invests $559,000 in GCI Liberty, Inc. – Series C GCI Group $GLIBK

Mirabella Financial Services LLP acquired a new position in GCI Liberty, Inc. – Series C GCI Group (NASDAQ:GLIBK) during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 15,000 shares of the company’s stock, valued at approximately $559,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Barclays PLC bought a new stake in GCI Liberty, Inc. – Series C GCI Group during the third quarter valued at approximately $119,947,000. Vanguard Group Inc. bought a new position in shares of GCI Liberty, Inc. – Series C GCI Group in the 3rd quarter worth $81,260,000. UBS Group AG bought a new position in shares of GCI Liberty, Inc. – Series C GCI Group in the 3rd quarter worth $77,195,000. Alberta Investment Management Corp purchased a new stake in shares of GCI Liberty, Inc. – Series C GCI Group during the 3rd quarter valued at $23,480,000. Finally, Holocene Advisors LP purchased a new stake in shares of GCI Liberty, Inc. – Series C GCI Group during the 3rd quarter valued at $22,362,000.

Analyst Ratings Changes

Several research analysts recently issued reports on GLIBK shares. Weiss Ratings upgraded shares of GCI Liberty, Inc. – Series C GCI Group from a “sell (d+)” rating to a “hold (c)” rating in a research report on Thursday, February 12th. Zacks Research upgraded GCI Liberty, Inc. – Series C GCI Group to a “hold” rating in a research report on Wednesday, February 4th. Two equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

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

Shares of GCI Liberty, Inc. – Series C GCI Group stock opened at $35.89 on Friday. 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 has a one year low of $29.00 and a one year high of $41.17. The stock has a 50 day moving average of $38.05. The stock has a market cap of $1.28 billion and a PE ratio of 5.17.

GCI Liberty, Inc. – Series C GCI Group (NASDAQ:GLIBK) last issued its earnings results on Wednesday, February 11th. The company reported $1.24 EPS for the quarter, topping the consensus estimate of $1.00 by $0.24. The firm had revenue of $262.00 million during the quarter, compared to analysts’ expectations 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.