48,586 Shares in GCI Liberty, Inc. - Series C GCI Group $GLIBK Purchased by Hara Capital LLC

Key Points

• Hara Capital LLC bought 48,586 shares of GCI Liberty (NASDAQ:GLIBK) in Q4 — about $1.81M, roughly 1.0% of Hara's portfolio and its 25th-largest position; Hara owned 0.17% of GLIBK at period end.
• GCI Liberty reported Q4 EPS of $1.24 (beat by $0.24) on $262M revenue (slightly below the $264M estimate); the stock trades with a market cap of ~$1.33B and a P/E of 5.36.
• Analysts hold a consensus Hold rating on GLIBK, and the company is a holding firm whose principal asset is a majority stake in General Communication Inc., the largest integrated telecom provider in Alaska.

Hara Capital LLC acquired a new position in GCI Liberty, Inc. - Series C GCI Group (NASDAQ:GLIBK - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 48,586 shares of the company's stock, valued at approximately $1,808,000. GCI Liberty, Inc. - Series C GCI Group makes up approximately 1.0% of Hara Capital LLC's investment portfolio, making the stock its 25th biggest position. Hara Capital LLC owned 0.17% of GCI Liberty, Inc. - Series C GCI Group at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of GLIBK. Quarry LP bought a new position in shares of GCI Liberty, Inc. - Series C GCI Group during the third quarter worth approximately $30,000. Western Pacific Wealth Management LP acquired a new stake in shares of GCI Liberty, Inc. - Series C GCI Group in the third quarter valued at approximately $31,000. Bartlett & CO. Wealth Management LLC bought a new stake in shares of GCI Liberty, Inc. - Series C GCI Group in the third quarter valued at approximately $48,000. Central Pacific Bank Trust Division bought a new stake in shares of GCI Liberty, Inc. - Series C GCI Group in the fourth quarter valued at approximately $48,000. Finally, JTC Employer Solutions Trustee Ltd acquired a new stake in GCI Liberty, Inc. - Series C GCI Group during the third quarter worth approximately $49,000.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on GLIBK. Weiss Ratings raised GCI Liberty, Inc. - Series C GCI Group from a "sell (d+)" rating to a "hold (c)" rating in a report on Thursday, February 12th. Zacks Research raised GCI Liberty, Inc. - Series C GCI Group to a "hold" rating in a report on Wednesday, February 4th. Two research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock has a consensus rating of "Hold".

GCI Liberty, Inc. - Series C GCI Group Trading Up 1.4%

Shares of GCI Liberty, Inc. - Series C GCI Group stock opened at $37.21 on Wednesday. The company has a debt-to-equity ratio of 0.62, a quick ratio of 3.14 and a current ratio of 3.14. The company has a market cap of $1.33 billion and a P/E ratio of 5.36. The stock's 50 day moving average price is $37.82. GCI Liberty, Inc. - Series C GCI Group has a 1-year low of $29.00 and a 1-year high of $41.17.

GCI Liberty, Inc. - Series C GCI Group (NASDAQ:GLIBK - Get Free Report) last announced its quarterly earnings data on Wednesday, February 11th. The company reported $1.24 EPS for the quarter, beating the consensus estimate of $1.00 by $0.24. The firm had revenue of $262.00 million for the quarter, compared to analyst estimates of $264.00 million.

GCI Liberty, Inc. - Series C GCI Group Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.