Quantinno Capital Management LP Purchases 56,675 Shares of GCI Liberty, Inc. – Series A GCI Group $GLIBA

Quantinno Capital Management LP raised its position in GCI Liberty, Inc. – Series A GCI Group (NASDAQ:GLIBA) by 78.9% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 128,543 shares of the company’s stock after purchasing an additional 56,675 shares during the period. Quantinno Capital Management LP’s holdings in GCI Liberty, Inc. – Series A GCI Group were worth $4,737,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of GLIBA. US Bancorp DE bought a new position in shares of GCI Liberty, Inc. – Series A GCI Group in the third quarter valued at approximately $27,000. JPMorgan Chase & Co. bought a new position in GCI Liberty, Inc. – Series A GCI Group in the 3rd quarter valued at $33,000. Legal & General Group Plc purchased a new stake in shares of GCI Liberty, Inc. – Series A GCI Group during the 3rd quarter valued at $39,000. Public Employees Retirement System of Ohio purchased a new stake in shares of GCI Liberty, Inc. – Series A GCI Group during the 3rd quarter valued at $39,000. Finally, Quantbot Technologies LP bought a new stake in shares of GCI Liberty, Inc. – Series A GCI Group during the 3rd quarter worth $43,000.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised shares of GCI Liberty, Inc. – Series A GCI Group from a “strong sell” rating to a “hold” rating in a report on Monday, July 13th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock currently has an average rating of “Hold”.

Insider Activity

In other GCI Liberty, Inc. – Series A GCI Group news, CEO Ronald A. Duncan purchased 65,000 shares of the company’s stock in a transaction that occurred on Wednesday, June 3rd. The shares were bought at an average cost of $21.04 per share, for a total transaction of $1,367,600.00. Following the purchase, 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 purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 7.87% of the stock is currently owned by company insiders.

GCI Liberty, Inc. – Series A GCI Group Trading Up 1.0%

Shares of GCI Liberty, Inc. – Series A GCI Group stock opened at $24.42 on Friday. GCI Liberty, Inc. – Series A GCI Group has a 52-week low of $19.61 and a 52-week high of $41.87. The stock’s 50-day simple moving average is $22.15 and its 200 day simple moving average is $30.71. The stock has a market capitalization of $700.85 million and a P/E ratio of -2.28. The company has a debt-to-equity ratio of 0.61, a quick ratio of 3.31 and a current ratio of 3.31.

GCI Liberty, Inc. – Series A GCI Group (NASDAQ:GLIBA) last released its quarterly earnings data on Thursday, August 6th. The company reported $0.40 EPS for the quarter, missing the consensus estimate of $1.15 by ($0.75). The business had revenue of $261.00 million for 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 anticipate that GCI Liberty, Inc. – Series A GCI Group will post 3.36 EPS for the current year.

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.