Deccan Value Investors buys $303.1 Million stake in Time Warner Cable Inc (TWC)

Time Warner Cable Inc (TWC) : Deccan Value Investors scooped up 237,100 additional shares in Time Warner Cable Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 13, 2016. The investment management firm now holds a total of 1,406,274 shares of Time Warner Cable Inc which is valued at $303.1 Million.Time Warner Cable Inc makes up approximately 28.73% of Deccan Value Investors’s portfolio.

Other Hedge Funds, Including , Hsbc Holdings Plc reduced its stake in TWC by selling 31,117 shares or 2.2% in the most recent quarter. The Hedge Fund company now holds 1,384,165 shares of TWC which is valued at $298.3 Million. Time Warner Cable Inc makes up approx 1.01% of Hsbc Holdings Plc’s portfolio.Her Majesty The Queen In Right Of The Province Of Alberta… boosted its stake in TWC in the latest quarter, The investment management firm added 20,400 additional shares and now holds a total of 109,500 shares of Time Warner Cable Inc which is valued at $23.6 Million. Time Warner Cable Inc makes up approx 0.35% of Her Majesty The Queen In Right Of The Province Of Alberta…’s portfolio.Jefferies Group reduced its stake in TWC by selling 13,413 shares or 19.89% in the most recent quarter. The Hedge Fund company now holds 54,018 shares of TWC which is valued at $11.6 Million. Time Warner Cable Inc makes up approx 0.43% of Jefferies Group’s portfolio.Bradley Foster Sargent Incct reduced its stake in TWC by selling 215 shares or 1.89% in the most recent quarter. The Hedge Fund company now holds 11,145 shares of TWC which is valued at $2.4 Million. Time Warner Cable Inc makes up approx 0.11% of Bradley Foster Sargent Incct’s portfolio.Blackrock Fund Advisors reduced its stake in TWC by selling 72,252 shares or 2.15% in the most recent quarter. The Hedge Fund company now holds 3,290,272 shares of TWC which is valued at $709.1 Million. Time Warner Cable Inc makes up approx 0.17% of Blackrock Fund Advisors’s portfolio.

On the company’s financial health, Time Warner Cable Inc reported $1.81 EPS for the quarter, beating the analyst consensus estimate by $ 0.05 according to the earnings call on Apr 28, 2016. Analyst had a consensus of $1.76. The company had revenue of $6191.00 million for the quarter, compared to analysts expectations of $6144.90 million. The company’s revenue was up 7.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.65 EPS.

Many Wall Street Analysts have commented on Time Warner Cable Inc. Company shares were Reiterated by Deutsche Bank on May 12, 2016 to “Buy”, Firm has raised the Price Target to $ 240 from a previous price target of $224 .Company shares were Reiterated by Wunderlich on May 2, 2016 to “Hold”, Firm has raised the Price Target to $ 237 from a previous price target of $219 .

Time Warner Cable Inc. (TWC) is a provider of video high-speed data and voice services in the United States with clustered cable systems located in five geographic areas including New York State the Carolinas the Midwest Southern California and Texas. TWC operates in three segments: Residential Services Business Services and Other Operations. TWC offers video high-speed data and voice services as well as security and home management services to residential customers. Its video service provides over 300 channels including on average over 200 high-definition (HD) channels and 20000 video-on-demand (VOD) choices. It offers a variety of products and services to business customers including high-speed data networking voice video hosting and cloud computing services. Its Other Operations segment consists of Time Warner Cable Media (TWC Media) the advertising sales arm of TWC and its regional sports networks its local sports news and lifestyle channels and SportsNet LA.

Leave a Reply

Time Warner Cable Inc - Is it time to Sell?

Top Brokerage Firms are advising their investors on Time Warner Cable Inc. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.