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Time Warner Cable (NYSE:TWC) CEO Robert D. Marcus unloaded 16,000 shares of Time Warner Cable stock on the open market in a transaction dated Thursday, June 5th. The stock was sold at an average price of $142.57, for a total transaction of $2,281,120.00. Following the sale, the chief executive officer now directly owns 61,281 shares of the company’s stock, valued at approximately $8,736,832. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

TWC has been the subject of a number of recent research reports. Analysts at RBC Capital raised their price target on shares of Time Warner Cable from $142.00 to $155.00 in a research note on Tuesday, May 6th. Finally, analysts at Jefferies Group reiterated a “hold” rating on shares of Time Warner Cable in a research note on Friday, April 25th. They now have a $150.00 price target on the stock. Nine equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $147.37.

Shares of Time Warner Cable (NYSE:TWC) traded up 0.55% on Friday, hitting $143.66. 927,563 shares of the company’s stock traded hands. Time Warner Cable has a 52 week low of $93.57 and a 52 week high of $147.28. The stock’s 50-day moving average is $139.8 and its 200-day moving average is $136.4. The company has a market cap of $40.025 billion and a price-to-earnings ratio of 20.20.

Time Warner Cable (NYSE:TWC) last released its earnings data on Thursday, April 24th. The company reported $1.70 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.68 by $0.02. The company had revenue of $5.58 billion for the quarter, compared to the consensus estimate of $5.64 billion. During the same quarter in the prior year, the company posted $1.41 earnings per share. The company’s quarterly revenue was up 2.0% on a year-over-year basis. On average, analysts predict that Time Warner Cable will post $7.81 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Monday, June 16th. Stockholders of record on Friday, May 30th will be paid a dividend of $0.75 per share. This represents a $3.00 annualized dividend and a dividend yield of 2.09%. The ex-dividend date is Wednesday, May 28th.

Time Warner Cable Inc (NYSE:TWC) is a provider of video, high-speed data and voice services in the United States with systems located in five geographic areas: New York State, the Carolinas, Ohio, Southern California and Texas.

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