State Board of Administration of Florida Retirement System acquired a brand new stake in shares of Altice USA, Inc. (NYSE:ATUS – Free Report) through the 1st quarter, in line with the corporate in its most up-to-date 13F submitting with the Securities and Trade Fee (SEC). The institutional investor acquired 263,276 shares of the corporate’s inventory, valued at roughly $687,000. State Board of Administration of Florida Retirement System owned roughly 0.06% of Altice USA as of its most up-to-date SEC submitting.
A number of different hedge funds and different institutional buyers have additionally not too long ago modified their holdings of the inventory. Victory Capital Administration Inc. lifted its place in Altice USA by 38.1% through the 4th quarter. Victory Capital Administration Inc. now owns 31,185 shares of the corporate’s inventory price $101,000 after buying a further 8,600 shares through the interval. Thompson Siegel & Walmsley LLC raised its stake in shares of Altice USA by 6.1% within the fourth quarter. Thompson Siegel & Walmsley LLC now owns 6,850,472 shares of the corporate’s inventory price $22,264,000 after buying a further 396,275 shares over the last quarter. CastleKnight Administration LP lifted its holdings in shares of Altice USA by 676.6% through the fourth quarter. CastleKnight Administration LP now owns 1,459,685 shares of the corporate’s inventory price $4,744,000 after buying a further 1,271,734 shares through the interval. Susquehanna Elementary Investments LLC bought a brand new stake in Altice USA within the first quarter valued at roughly $1,914,000. Lastly, Quadrature Capital Ltd bought a brand new stake in Altice USA within the fourth quarter valued at roughly $47,000. 54.85% of the inventory is owned by hedge funds and different institutional buyers.
Altice USA Inventory Up 12.7 %
Shares of Altice USA inventory opened at $1.77 on Friday. The agency has a market cap of $814.13 million, a PE ratio of 177.00, a P/E/G ratio of 0.55 and a beta of 1.49. Altice USA, Inc. has a twelve month low of $1.55 and a twelve month excessive of $3.82. The enterprise has a 50-day transferring common value of $2.14 and a 200 day transferring common value of $2.27.
Altice USA (NYSE:ATUS – Get Free Report) final issued its quarterly earnings information on Thursday, Could 2nd. The corporate reported ($0.05) EPS for the quarter, lacking the consensus estimate of $0.01 by ($0.06). Altice USA had a internet margin of 0.07% and a adverse return on fairness of 1.54%. The enterprise had income of $2.25 billion through the quarter, in comparison with analyst estimates of $2.24 billion. Throughout the identical interval within the earlier yr, the enterprise posted $0.06 earnings per share. The agency’s income for the quarter was down 1.9% on a year-over-year foundation. On common, sell-side analysts count on that Altice USA, Inc. will submit 0.17 EPS for the present yr.
Wall Avenue Analysts Forecast Development
A variety of equities analysts have issued stories on the inventory. The Goldman Sachs Group assumed protection on shares of Altice USA in a analysis report on Monday, July 1st. They set a “sell” score and a $2.00 value goal for the corporate. Wells Fargo & Firm downgraded shares of Altice USA from an “equal weight” score to an “underweight” score and decreased their goal value for the corporate from $2.00 to $1.00 in a analysis report on Friday, April fifth. Evercore ISI lower their value goal on Altice USA from $3.00 to $2.00 and set an “in-line” score on the inventory in a analysis report on Tuesday, July 2nd. Loop Capital lowered their value goal on Altice USA from $3.00 to $2.00 and set a “hold” score for the corporate in a analysis word on Tuesday, April twenty third. Lastly, BNP Paribas downgraded Altice USA from a “neutral” score to an “underperform” score and set a $1.00 goal value on the inventory. in a analysis word on Tuesday, April ninth. Six analysts have rated the inventory with a promote score, three have assigned a maintain score and two have assigned a purchase score to the corporate. Based mostly on information from MarketBeat.com, Altice USA has a median score of “Hold” and a median value goal of $2.27.
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Altice USA Firm Profile
(Free Report)
Altice USA, Inc, along with its subsidiaries, supplies broadband communications and video providers in the US, Canada, Puerto Rico, and the Virgin Islands. It provides broadband, video, telephony, and cellular providers to residential and enterprise clients. The corporate’s video providers embody supply of broadcast stations and cable networks; excessive providers; video-on-demand, high-definition channels, digital video recorder, and pay-per-view providers; and platforms for video programming via cellular functions.
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