Soros Fund Management LLC trimmed its holdings in GCI Liberty Inc Class A (NASDAQ:GLIBA) by 14.6% during the second quarter, HoldingsChannel reports. The firm owned 704,220 shares of the company’s stock after selling 120,780 shares during the period. Soros Fund Management LLC’s holdings in GCI Liberty Inc Class A were worth $31,746,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Thompson Siegel & Walmsley LLC acquired a new stake in shares of GCI Liberty Inc Class A during the 1st quarter worth approximately $125,000. Financial Architects Inc acquired a new stake in shares of GCI Liberty Inc Class A during the 2nd quarter worth approximately $131,000. Envestnet Asset Management Inc. acquired a new stake in shares of GCI Liberty Inc Class A during the 1st quarter worth approximately $148,000. Sphera Funds Management LTD. acquired a new stake in shares of GCI Liberty Inc Class A during the 1st quarter worth approximately $159,000. Finally, The Manufacturers Life Insurance Company acquired a new stake in shares of GCI Liberty Inc Class A during the 1st quarter worth approximately $163,000. 84.43% of the stock is currently owned by institutional investors and hedge funds.

GCI Liberty Inc Class A stock opened at $48.72 on Thursday. GCI Liberty Inc Class A has a fifty-two week low of $41.33 and a fifty-two week high of $55.47. The company has a current ratio of 5.63, a quick ratio of 5.63 and a debt-to-equity ratio of 0.64.

Several analysts recently weighed in on GLIBA shares. B. Riley dropped their target price on shares of GCI Liberty Inc Class A from $70.00 to $62.00 and set a “buy” rating for the company in a report on Thursday, August 2nd. Zacks Investment Research upgraded shares of GCI Liberty Inc Class A from a “sell” rating to a “hold” rating in a report on Monday, July 30th. Finally, Citigroup reiterated a “neutral” rating and issued a $43.00 target price on shares of GCI Liberty Inc Class A in a report on Wednesday, May 30th.

GCI Liberty Inc Class A 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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Institutional Ownership by Quarter for GCI Liberty Inc Class A (NASDAQ:GLIBA)

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