November 25, 2016 - By Adrian Mccoy · 0 Comments
Time Warner Cable Inc (NYSE:TWC) institutional sentiment increased to 0.22 in 2016 Q2. Its up 0.22, from 0 in 2016Q1. The ratio has improved, as 2 hedge funds started new or increased positions, while 603 reduced and sold their stakes in Time Warner Cable Inc. The hedge funds in our partner’s database now hold: 194,823 shares, down from 248.54 million shares in 2016Q1. Also, the number of hedge funds holding Time Warner Cable Inc in their top 10 positions decreased from 76 to 0 for a decrease of 76. Sold All: 603 Reduced: 0 Increased: 1 New Position: 1.
Time Warner Cable Inc. is a provider of video, high-speed data and voice services in the United States with clustered cable systems located in approximately five geographic areas, including New York State, the Carolinas, the Midwest, Southern California and Texas. The company has a market cap of $. The Firm operates through three divisions: Residential Services, Business Services and Other Operations. It currently has negative earnings. The Company’s residential services segment includes security and home management services.
It is down 6.00% since October 26, 2016 and is uptrending. It has outperformed by 0.59% the S&P500.
Orinda Asset Management Llc holds 2.66% of its portfolio in Time Warner Cable Inc for 11,758 shares. Great West Life Assurance Co Can owns 170,043 shares or 0.13% of their US portfolio. Moreover, Parsons Capital Management Inc Ri has 0.08% invested in the company for 2,980 shares. The New York-based Douglass Winthrop Advisors Llc has invested 0.05% in the stock. North Star Asset Management Inc, a Wisconsin-based fund reported 2,177 shares.#img1#
Ratings analysis reveals 25% of Time Warner Cable’s analysts are positive. Out of 8 Wall Street analysts rating Time Warner Cable, 2 give it “Buy”, 0 “Sell” rating, while 6 recommend “Hold”. The lowest target is $190 while the high is $240. The stock’s average target of $214.83 is 0.00% above today’s ($0) share price. TWC was included in 13 notes of analysts from July 31, 2015. RBC Capital Markets maintained it with “Sector Perform” rating and $190 target price in Friday, January 29 report. The company was maintained on Friday, July 31 by Wunderlich. The rating was downgraded by Buckingham Research to “Neutral” on Friday, July 31. Wunderlich downgraded the shares of TWC in a report on Wednesday, March 2 to “Hold” rating. The rating was maintained by Canaccord Genuity with “Buy” on Friday, October 30. Suntrust Robinson initiated Time Warner Cable Inc (NYSE:TWC) on Wednesday, November 11 with “Neutral” rating. The firm has “Buy” rating given on Thursday, May 12 by Deutsche Bank. Wunderlich maintained the stock with “Hold” rating in Monday, May 2 report. The rating was initiated by SunTrust on Wednesday, November 11 with “Neutral”. The stock has “Buy” rating given by Canaccord Genuity on Friday, July 31.
More notable recent Time Warner Cable Inc (NYSE:TWC) news were published by: Bloomberg.com which released: “So Long Time Warner Cable: Charter to Retire Maligned Brand” on May 17, 2016, also Fool.com with their article: “How Safe Is Time Warner Cable Inc. Stock?” published on April 02, 2016, Fool.com published: “Better Buy: Time Warner Cable Inc. vs. Time Warner Inc.” on March 04, 2016. More interesting news about Time Warner Cable Inc (NYSE:TWC) were released by: Marketwatch.com and their article: “FCC approves Charter Communications acquisition of Time Warner Cable” published on May 06, 2016 as well as Reuters.com‘s news article titled: “US approves Charter’s Time Warner Cable buy with conditions” with publication date: April 25, 2016.
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By Adrian Mccoy