Quantinno Capital Management LP grew its stake in GCI Liberty, Inc. – Series A GCI Group (NASDAQ:GLIBA – Free Report) by 78.9% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 128,543 shares of the company’s stock after buying an additional 56,675 shares during the period. Quantinno Capital Management LP owned 0.45% of GCI Liberty, Inc. – Series A GCI Group worth $4,737,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds have also bought and sold shares of the company. Vanguard Group Inc. bought a new stake in GCI Liberty, Inc. – Series A GCI Group during the third quarter valued at $11,733,000. Dimensional Fund Advisors LP raised its position in shares of GCI Liberty, Inc. – Series A GCI Group by 29.7% in the 1st quarter. Dimensional Fund Advisors LP now owns 154,189 shares of the company’s stock worth $5,682,000 after acquiring an additional 35,340 shares in the last quarter. Gotham Asset Management LLC lifted its stake in shares of GCI Liberty, Inc. – Series A GCI Group by 103.2% in the 4th quarter. Gotham Asset Management LLC now owns 116,625 shares of the company’s stock valued at $4,300,000 after purchasing an additional 59,235 shares during the period. Osaic Holdings Inc. lifted its stake in shares of GCI Liberty, Inc. – Series A GCI Group by 13.8% in the 4th quarter. Osaic Holdings Inc. now owns 115,050 shares of the company’s stock valued at $4,242,000 after purchasing an additional 13,930 shares during the period. Finally, State Street Corp boosted its position in shares of GCI Liberty, Inc. – Series A GCI Group by 64.7% during the 4th quarter. State Street Corp now owns 86,947 shares of the company’s stock valued at $3,206,000 after purchasing an additional 34,153 shares in the last quarter.
Insider Activity
In related news, CEO Ronald A. Duncan purchased 65,000 shares of the firm’s stock in a transaction that occurred on Wednesday, June 3rd. The stock was acquired at an average price of $21.04 per share, for a total transaction of $1,367,600.00. Following the completion of the acquisition, the chief executive officer owned 42,516 shares of the company’s stock, valued at $894,536.64. This represents a -289.09% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 7.87% of the stock is currently owned by insiders.
GCI Liberty, Inc. – Series A GCI Group Trading Up 1.0%
GCI Liberty, Inc. – Series A GCI Group (NASDAQ:GLIBA – Get Free Report) last announced its quarterly earnings results on Thursday, August 6th. The company reported $0.40 earnings per share for the quarter, missing the consensus estimate of $1.15 by ($0.75). The business had revenue of $261.00 million during the quarter. GCI Liberty, Inc. – Series A GCI Group had a negative net margin of 31.47% and a positive return on equity of 12.74%. As a group, research analysts predict that GCI Liberty, Inc. – Series A GCI Group will post 3.36 earnings per share for the current fiscal year.
Analysts Set New Price Targets
Separately, Zacks Research raised GCI Liberty, Inc. – Series A GCI Group from a “strong sell” rating to a “hold” rating in a research note on Monday, July 13th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company presently has an average rating of “Hold”.
View Our Latest Report on GLIBA
About GCI Liberty, Inc. – Series A GCI Group
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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