GCI Liberty, Inc. – Series A GCI Group (NASDAQ:GLIBA – Get Free Report) was upgraded by investment analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a report issued on Monday,Zacks.com reports.
GCI Liberty, Inc. – Series A GCI Group Stock Down 2.2%
Shares of NASDAQ GLIBA opened at $21.75 on Monday. GCI Liberty, Inc. – Series A GCI Group has a 12-month low of $19.61 and a 12-month high of $41.87. The firm’s 50-day simple moving average is $23.19 and its 200 day simple moving average is $32.41. The company has a quick ratio of 3.31, a current ratio of 3.31 and a debt-to-equity ratio of 0.61. The company has a market cap of $624.23 million and a price-to-earnings ratio of -2.03.
GCI Liberty, Inc. – Series A GCI Group (NASDAQ:GLIBA – Get Free Report) last announced 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 A GCI Group had a positive return on equity of 12.74% and a negative net margin of 31.47%.The company had revenue of $256.00 million during the quarter. On average, research analysts expect that GCI Liberty, Inc. – Series A GCI Group will post 3.36 earnings per share for the current fiscal year.
Insider Buying and Selling at GCI Liberty, Inc. – Series A GCI Group
Hedge Funds Weigh In On GCI Liberty, Inc. – Series A GCI Group
Several institutional investors have recently modified their holdings of the stock. Quantinno Capital Management LP increased its stake in GCI Liberty, Inc. – Series A GCI Group by 78.9% in the first quarter. Quantinno Capital Management LP now owns 128,543 shares of the company’s stock valued at $4,737,000 after purchasing an additional 56,675 shares in the last quarter. Gabelli Funds LLC grew its stake in GCI Liberty, Inc. – Series A GCI Group by 6.1% in the first quarter. Gabelli Funds LLC now owns 22,010 shares of the company’s stock valued at $811,000 after acquiring an additional 1,260 shares during the period. Gamco Investors INC. ET AL increased its holdings in shares of GCI Liberty, Inc. – Series A GCI Group by 8.0% in the first quarter. Gamco Investors INC. ET AL now owns 13,793 shares of the company’s stock worth $508,000 after acquiring an additional 1,023 shares in the last quarter. Arrowstreet Capital Limited Partnership bought a new position in shares of GCI Liberty, Inc. – Series A GCI Group during the 1st quarter valued at about $147,000. Finally, Dimensional Fund Advisors LP increased its stake in GCI Liberty, Inc. – Series A GCI Group by 29.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 154,189 shares of the company’s stock worth $5,682,000 after purchasing an additional 35,340 shares in the last quarter.
GCI Liberty, Inc. – Series A GCI Group Company Profile
GCI Liberty, Inc, together with its subsidiaries, 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 primarily in Alaska under the GCI brand. It also operates a digital invitation platform that provides custom display advertising, native advertising content, custom video, and brand partnership services. The company is based in Englewood, Colorado.
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