Landscape Capital Management Has Increased Office Depot (ODP) Position; Charter Communications (CHTR) Sentiment Is 0.25

December 17, 2017 - By Nellie Frank

Charter Communications, Inc., through its subsidiaries, provides cable services to residential and commercial clients in the United States. The company has market cap of $92.28 billion. It offers subscription video services, including a package of basic video programming, video on demand, high definition television, digital video recorder, pay-per-view, and Spectrum guide services, as well as ad-supported free online video products. It has a 106.83 P/E ratio. The firm also provides Internet services, such as security suite that protects computers from viruses and spyware; in-home WiFi, which permits clients to lease high performance wireless routers to enhance their in-home wireless Internet experience; out-of-home WiFi; parental control features; and residential Internet services.

Landscape Capital Management Llc increased Office Depot Inc (ODP) stake by 36.25% reported in 2017Q2 SEC filing. Landscape Capital Management Llc acquired 71,089 shares as Office Depot Inc (ODP)’s stock rose 10.79%. The Landscape Capital Management Llc holds 267,208 shares with $1.51M value, up from 196,119 last quarter. Office Depot Inc now has $1.78B valuation. The stock increased 2.38% or $0.08 during the last trading session, reaching $3.44. About 12.26 million shares traded or 128.86% up from the average. Office Depot, Inc. (NASDAQ:ODP) has risen 51.05% since December 17, 2016 and is uptrending. It has outperformed by 34.35% the S&P500.

Among 12 analysts covering Office Depot (NASDAQ:ODP), 3 have Buy rating, 3 Sell and 6 Hold. Therefore 25% are positive. Office Depot had 21 analyst reports since September 8, 2015 according to SRatingsIntel. The rating was maintained by Jefferies on Thursday, July 27 with “Hold”. The rating was maintained by Bank of America on Tuesday, September 5 with “Buy”. The firm has “Market Perform” rating given on Wednesday, May 11 by Telsey Advisory Group. The stock of Office Depot, Inc. (NASDAQ:ODP) has “Sell” rating given on Thursday, August 4 by UBS. Jefferies maintained Office Depot, Inc. (NASDAQ:ODP) rating on Thursday, September 28. Jefferies has “Hold” rating and $5.0 target. B. Riley & Co upgraded it to “Buy” rating and $11.0 target in Tuesday, September 8 report. The rating was downgraded by Jefferies to “Sell” on Wednesday, May 11. The stock has “Outperform” rating by Telsey Advisory Group on Wednesday, February 24. The company was maintained on Wednesday, October 4 by Jefferies. The firm has “Hold” rating given on Thursday, August 10 by Deutsche Bank.

Since October 13, 2017, it had 0 insider buys, and 1 sale for $1.38 million activity. 360,000 shares valued at $1.38 million were sold by Allison Michael R on Friday, October 13.

Investors sentiment decreased to 0.87 in 2017 Q2. Its down 0.44, from 1.31 in 2017Q1. It dropped, as 28 investors sold ODP shares while 81 reduced holdings. 49 funds opened positions while 94 raised stakes. 468.70 million shares or 1.45% more from 462.01 million shares in 2017Q1 were reported. Herndon Mgmt Ltd Liability Corporation reported 1,566 shares. Jpmorgan Chase And holds 0.01% or 11.63M shares in its portfolio. First Quadrant Lp Ca has 0.02% invested in Office Depot, Inc. (NASDAQ:ODP) for 162,461 shares. Phocas Financial Corporation reported 1.47% of its portfolio in Office Depot, Inc. (NASDAQ:ODP). Sg Americas Securities Ltd Liability stated it has 4.73M shares. Public Employees Retirement Sys Of Ohio owns 65,672 shares. Bnp Paribas Asset Holdg holds 590,500 shares or 0.03% of its portfolio. Tfs Capital Ltd Limited Liability Company invested in 0.38% or 172,460 shares. Tudor Invest Corporation Et Al accumulated 98,369 shares. Zwj Inv Counsel holds 28,310 shares. 74,381 were reported by Profund Advsr. Fairpointe Cap Limited Liability reported 3.58% stake. Moreover, Usa Financial Portformulas Corporation has 0.13% invested in Office Depot, Inc. (NASDAQ:ODP) for 96,819 shares. Proshare Advisors Ltd Liability Corp invested in 85,440 shares. Jefferies Gp invested 0% of its portfolio in Office Depot, Inc. (NASDAQ:ODP).

Landscape Capital Management Llc decreased Regency Ctrs Corp (NYSE:REG) stake by 95,752 shares to 99,848 valued at $6.25 million in 2017Q2. It also reduced Best Buy Inc (NYSE:BBY) stake by 75,318 shares and now owns 51,236 shares. Nuveen North Carolina Qlty M (NNC) was reduced too.

Selkirk Management Llc holds 6.64% of its portfolio in Charter Communications, Inc. for 34,800 shares. Covey Capital Advisors Llc owns 5,501 shares or 2% of their US portfolio. Moreover, Cibc World Markets Corp has 0.87% invested in the company for 245,367 shares. The Connecticut-based Asset Management Group Inc. has invested 0.17% in the stock. Eidelman Virant Capital, a Missouri-based fund reported 452 shares.

The stock decreased 1.94% or $6.37 during the last trading session, reaching $322.31. About 4.86 million shares traded or 135.72% up from the average. Charter Communications, Inc. (CHTR) has risen 38.76% since December 17, 2016 and is uptrending. It has outperformed by 22.06% the S&P500.

Since January 1, 0001, it had 0 insider buys, and 1 insider sale for $4.38 million activity.

Analysts await Charter Communications, Inc. (NASDAQ:CHTR) to report earnings on February, 15. They expect $1.03 earnings per share, down 38.32% or $0.64 from last year’s $1.67 per share. CHTR’s profit will be $294.90 million for 78.23 P/E if the $1.03 EPS becomes a reality. After $0.19 actual earnings per share reported by Charter Communications, Inc. for the previous quarter, Wall Street now forecasts 442.11% EPS growth.

Ratings analysis reveals 60% of Charter Comm’s analysts are positive. Out of 5 Wall Street analysts rating Charter Comm, 3 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $302.0 while the high is $350.0. The stock’s average target of $325.67 is 1.04% above today’s ($322.31) share price. CHTR was included in 5 notes of analysts from September 26, 2016. The firm earned “Neutral” rating on Tuesday, October 11 by Moffett Nathanson. HSBC initiated the stock with “Hold” rating in Thursday, January 19 report. The firm has “Outperform” rating by RBC Capital Markets given on Tuesday, December 6. Pivotal Research maintained the stock with “Buy” rating in Monday, September 26 report. The rating was maintained by Telsey Advisory on Monday, October 10 with “Outperform”.

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