Macquarie Group Ltd. Grows Holdings in Altice USA Inc (ATUS)
Macquarie Group Ltd. grew its position in Altice USA Inc (NYSE:ATUS) by 157.9% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 70,061 shares of the company’s stock after acquiring an additional 42,900 shares during the quarter. Macquarie Group Ltd.’s holdings in Altice USA were worth $1,913,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Canada Pension Plan Investment Board bought a new position in Altice USA in the 2nd quarter valued at $1,296,928,000. Franklin Resources Inc. bought a new position in Altice USA in the 2nd quarter valued at $69,443,000. Vanguard Group Inc. bought a new position in Altice USA in the 2nd quarter valued at $67,939,000. FMR LLC purchased a new stake in shares of Altice USA in the 2nd quarter worth $57,079,000. Finally, Citadel Advisors LLC purchased a new stake in shares of Altice USA in the 2nd quarter worth $46,997,000. 13.23% of the stock is currently owned by hedge funds and other institutional investors.
Altice USA Inc (ATUS) opened at $18.52 on Wednesday. The company has a debt-to-equity ratio of 6.82, a quick ratio of 0.32 and a current ratio of 0.32. Altice USA Inc has a 1-year low of $17.80 and a 1-year high of $35.29.
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Altice USA Profile
Altice USA, Inc is engaged in providing broadband communications and video services in the United States. The Company’s segments include Cablevision and Cequel. Cablevision provides broadband, pay television and telephony services to residential and business customers in and around the New York metropolitan area.
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