Monday, February 14, 2011

Stock | Top investor Ariel tweaks GCI stake again

The Chicago-based money manager said it had added about 100,000 Gannett shares to its trove, raising its stake to 14.9 million from 14.8 million a year ago, according to a regulatory filing today. Ariel Investments' share of GCI remained virtually unchanged: 6.2%, the U.S. Securities and Exchange Commission document says.

Ariel's notice follows similar filings by some of GCI's other big investors, including BlackRock, which recently emerged in the No. 2 position, with 15.2 million. AllianceBernstein also filed notice recently.

GCI's stock closed today at $17.19, up 13 cents, or less than 1%.

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