Covey Capital Advisors Raised Its Position in Charter Communications (CHTR) as Market Value Rose; Citizens Finl Group (CFG) Holder Trexquant Investment LP Cut Position as Shares Declined

Charter Communications, Inc. (NASDAQ:CHTR) Logo

Covey Capital Advisors Llc increased its stake in Charter Communications Inc (CHTR) by 16.25% based on its latest 2018Q3 regulatory filing with the SEC. Covey Capital Advisors Llc bought 1,485 shares as the company’s stock rose 1.73% while stock markets declined. The institutional investor held 10,622 shares of the consumer services company at the end of 2018Q3, valued at $3.46 million, up from 9,137 at the end of the previous reported quarter. Covey Capital Advisors Llc who had been investing in Charter Communications Inc for a number of months, seems to be bullish on the $76.29 billion market cap company. The stock decreased 0.59% or $1.73 during the last trading session, reaching $292.82. About 564,931 shares traded. Charter Communications, Inc. (NASDAQ:CHTR) has declined 2.95% since January 14, 2018 and is downtrending. It has underperformed by 2.95% the S&P500. Some Historical CHTR News: 13/03/2018 – Rhode Island DoA: Village Green Charter School Tue, 3/13/2018, 6:30 PM; 04/05/2018 – DSL Reports: Exclusive: Charter Wireless Launches June 30; 18/04/2018 – CHARTER HALL LONG WALE REIT INCREASES RATE HEDGING POSITION; 17/05/2018 – CUJO Al Closes Strategic Series B Round Led by Charter Communications, Solidifies Its Lead In Consumer Network Security; 22/05/2018 – DIANA SHIPPING INC – CHARTER IS EXPECTED TO COMMENCE ON MAY 24, 2018; 23/03/2018 – GasLog Partners LP Announces Multiple New Charter Agreements; 30/05/2018 – DIANA CONTAINERSHIPS INC – CHARTER WILL COMMENCE ON JULY 13, 2018; 25/04/2018 – Rep. Thompson: Thompson, Langevin Introduce Bill to Modernize National FFA Organization’s Charter; 27/04/2018 – Charter Communications 1Q Voice Revenue $556 Million; 07/03/2018 – Rhode Island DoA: Cumberland Charter Review Commission Wed, 3/7/2018, 6:30 PM

Trexquant Investment Lp decreased its stake in Citizens Finl Group Inc (CFG) by 89.08% based on its latest 2018Q3 regulatory filing with the SEC. Trexquant Investment Lp sold 131,715 shares as the company’s stock declined 21.37% with the market. The institutional investor held 16,152 shares of the finance company at the end of 2018Q3, valued at $623,000, down from 147,867 at the end of the previous reported quarter. Trexquant Investment Lp who had been investing in Citizens Finl Group Inc for a number of months, seems to be less bullish one the $15.51B market cap company. The stock increased 1.56% or $0.51 during the last trading session, reaching $33.14. About 2.99 million shares traded. Citizens Financial Group, Inc. (NYSE:CFG) has declined 22.64% since January 14, 2018 and is downtrending. It has underperformed by 22.64% the S&P500. Some Historical CFG News: 30/05/2018 – Citizens Financial at AllianceBernstein Conference Tomorrow; 26/03/2018 – CITIZENS FINANCIAL GROUP INC – $750 MLN NOTES CONSIST OF $500 MLN 3.700% FIXED-RATE NOTES DUE 2023, $250 MLN FLOATING-RATE NOTES DUE 2023; 19/03/2018 – BARNIER: FULL AGREEMENT ON CITIZENS, FINANCIAL SETTLEMENT; 20/04/2018 – CITIZENS FINANCIAL GROUP INC – QTRLY NET INTEREST INCOME $1,091 MLN VS $1,005 MLN; 21/03/2018 – Citizens Financial Group Announces Prime Rate Change; 31/05/2018 – CITIZENS FINANCIAL-RETURN ON AVERAGE TANGIBLE COMMON EQUITY ACCRETION EXPECTED ABOUT 30 BASIS POINTS IN 2019, ABOUT 45 BASIS POINTS IN 2020 FROM DEAL; 20/04/2018 – Citizens Financial Group 1Q Net $381M; 27/04/2018 – Citizens Financial Svcs 1Q EPS $1.22; 31/05/2018 – Citizens Financial Group Acquisition of Franklin American Mortgage Expected to Close in 3Q; 15/05/2018 – Citizens Strategic & Tactical Allocation Risk Portfolios Now Available Through Citizens Investment Services

Among 26 analysts covering Citizens Financial Group (NYSE:CFG), 19 have Buy rating, 1 Sell and 6 Hold. Therefore 73% are positive. Citizens Financial Group had 104 analyst reports since July 22, 2015 according to SRatingsIntel. Citigroup maintained the stock with “Neutral” rating in Monday, April 9 report. Barclays Capital maintained it with “Equal-Weight” rating and $41 target in Monday, October 23 report. Wedbush maintained Citizens Financial Group, Inc. (NYSE:CFG) on Wednesday, November 30 with “Neutral” rating. The firm has “Hold” rating given on Wednesday, June 21 by Oppenheimer. RBC Capital Markets maintained Citizens Financial Group, Inc. (NYSE:CFG) rating on Thursday, September 7. RBC Capital Markets has “Hold” rating and $37.0 target. Oppenheimer maintained the stock with “Outperform” rating in Tuesday, January 5 report. The stock of Citizens Financial Group, Inc. (NYSE:CFG) has “Buy” rating given on Monday, February 26 by Keefe Bruyette & Woods. On Tuesday, December 11 the stock rating was maintained by Morgan Stanley with “Overweight”. The rating was upgraded by RBC Capital Markets on Wednesday, January 2 to “Outperform”. Sandler O’Neill maintained Citizens Financial Group, Inc. (NYSE:CFG) on Monday, March 26 with “Hold” rating.

Trexquant Investment Lp, which manages about $105.00M and $1.33B US Long portfolio, upped its stake in Vodafone Group Plc New (NASDAQ:VOD) by 28,878 shares to 46,079 shares, valued at $1.00M in 2018Q3, according to the filing. It also increased its holding in Synovus Finl Corp (NYSE:SNV) by 74,315 shares in the quarter, for a total of 83,807 shares, and has risen its stake in Nordstrom Inc (NYSE:JWN).

Investors sentiment decreased to 0.87 in Q3 2018. Its down 0.26, from 1.13 in 2018Q2. It worsened, as 38 investors sold CFG shares while 207 reduced holdings. 63 funds opened positions while 151 raised stakes. 431.19 million shares or 2.09% less from 440.37 million shares in 2018Q2 were reported. Svcs Automobile Association, a Texas-based fund reported 442,134 shares. Pictet Asset Ltd reported 256,419 shares. Numerixs Inv Tech reported 26,008 shares stake. The New York-based Jefferies Grp Ltd Limited Liability Company has invested 0.01% in Citizens Financial Group, Inc. (NYSE:CFG). Segall Bryant Hamill Limited Liability Company has invested 0.04% of its portfolio in Citizens Financial Group, Inc. (NYSE:CFG). Clearbridge Invests Ltd Limited Liability Company invested 0% in Citizens Financial Group, Inc. (NYSE:CFG). Gulf Intl Bank & Trust (Uk) Limited reported 156,871 shares. The Kansas-based Mariner Ltd Liability Co has invested 0.02% in Citizens Financial Group, Inc. (NYSE:CFG). Nomura Asset Mngmt Ltd holds 0.03% or 85,481 shares. Cibc Ww Inc has 0.01% invested in Citizens Financial Group, Inc. (NYSE:CFG). Utah Retirement has 0.07% invested in Citizens Financial Group, Inc. (NYSE:CFG) for 88,500 shares. Northern Tru Corp invested in 5.65M shares or 0.05% of the stock. Bailard Incorporated reported 125,816 shares. Prudential Fincl holds 0.09% or 1.55M shares in its portfolio. Jacobs Asset Mngmt Ltd Liability Company has 550,000 shares for 3.91% of their portfolio.

Since October 23, 2018, it had 2 insider purchases, and 0 selling transactions for $614,440 activity. On Tuesday, October 23 the insider KOCH CHARLES JOHN bought $508,480.

Analysts await Citizens Financial Group, Inc. (NYSE:CFG) to report earnings on January, 18 before the open. They expect $0.95 earnings per share, up 33.80% or $0.24 from last year’s $0.71 per share. CFG’s profit will be $444.53M for 8.72 P/E if the $0.95 EPS becomes a reality. After $0.93 actual earnings per share reported by Citizens Financial Group, Inc. for the previous quarter, Wall Street now forecasts 2.15% EPS growth.

More notable recent Citizens Financial Group, Inc. (NYSE:CFG) news were published by: Benzinga.com which released: “Barron’s Picks And Pans: Alibaba (NYSE:BABA), Citizens Financial (NYSE:CFG), FAANG Stocks And More – Benzinga” on October 21, 2018, also Seekingalpha.com with their article: “Citizens Financial Group: Quickly Becoming A Top Performer – Seeking Alpha” published on July 27, 2018, Seekingalpha.com published: “Citizens Financial jumps after BofAML upgrades to buy – Seeking Alpha” on October 22, 2018. More interesting news about Citizens Financial Group, Inc. (NYSE:CFG) were released by: Bizjournals.com and their article: “Banking Roundup: JPMorgan to pay $135M for improper handling of ADRs… Morgan Stanley fined – New York Business Journal” published on December 27, 2018 as well as Seekingalpha.com‘s news article titled: “Banks mostly tone down expectations for Q3, but Wells Fargo delivers some good news – Seeking Alpha” with publication date: September 14, 2018.

Investors sentiment decreased to 0.67 in 2018 Q3. Its down 3.33, from 4 in 2018Q2. It is negative, as 1 investors sold CHTR shares while 2 reduced holdings. 1 funds opened positions while 1 raised stakes. 81,249 shares or 56.05% less from 184,870 shares in 2018Q2 were reported. Eidelman Virant Capital holds 4,000 shares. 10,622 were reported by Covey Advsrs. Selkirk Management Ltd Liability Com has invested 6.23% in Charter Communications, Inc. (NASDAQ:CHTR). Cibc Markets reported 29,127 shares.

More recent Charter Communications, Inc. (NASDAQ:CHTR) news were published by: Nasdaq.com which released: “Notable Friday Option Activity: CHTR, HAL, AFL – Nasdaq” on January 04, 2019. Also Marketwatch.com published the news titled: “John Malone skeptical of ‘apples and oranges’ media mergers – MarketWatch” on June 14, 2018. Nasdaq.com‘s news article titled: “5G Wireless Network Race Set to Begin in 2019 – Nasdaq” with publication date: January 14, 2019 was also an interesting one.

Citizens Financial Group, Inc. (NYSE:CFG) Institutional Positions Chart

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