596 Shares in Charter Communications, Inc. (NASDAQ:CHTR) Acquired by Crestline Management LP

Crestline Management LP bought a new position in shares of Charter Communications, Inc. (NASDAQ:CHTR) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 596 shares of the company’s stock, valued at approximately $204,000.

A number of other institutional investors have also made changes to their positions in CHTR. Principal Financial Group Inc. grew its holdings in Charter Communications by 2.3% in the 3rd quarter. Principal Financial Group Inc. now owns 112,103 shares of the company’s stock valued at $36,330,000 after buying an additional 2,495 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in Charter Communications by 1.7% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 3,305 shares of the company’s stock valued at $1,071,000 after buying an additional 55 shares in the last quarter. Czech National Bank grew its holdings in Charter Communications by 6.0% in the 4th quarter. Czech National Bank now owns 20,966 shares of the company’s stock valued at $7,187,000 after buying an additional 1,194 shares in the last quarter. Fiduciary Alliance LLC acquired a new position in Charter Communications in the 4th quarter valued at $1,285,000. Finally, Cooper Financial Group grew its holdings in Charter Communications by 11.9% in the 4th quarter. Cooper Financial Group now owns 1,125 shares of the company’s stock valued at $386,000 after buying an additional 120 shares in the last quarter. 81.76% of the stock is owned by institutional investors and hedge funds.

Charter Communications Stock Performance

Shares of CHTR stock opened at $401.50 on Monday. The firm has a market capitalization of $56.36 billion, a price-to-earnings ratio of 11.48, a PEG ratio of 0.44 and a beta of 1.11. The company has a current ratio of 0.31, a quick ratio of 0.31 and a debt-to-equity ratio of 4.73. The business’s 50-day moving average price is $361.46 and its 200-day moving average price is $363.38. Charter Communications, Inc. has a 12 month low of $266.06 and a 12 month high of $415.27.

Charter Communications (NASDAQ:CHTR) last released its quarterly earnings data on Friday, April 25th. The company reported $8.42 earnings per share (EPS) for the quarter, missing the consensus estimate of $8.70 by ($0.28). Charter Communications had a net margin of 9.23% and a return on equity of 29.01%. The firm had revenue of $13.74 billion during the quarter, compared to analyst estimates of $13.67 billion. During the same period in the prior year, the company earned $7.55 EPS. The business’s quarterly revenue was up .4% compared to the same quarter last year. Equities research analysts forecast that Charter Communications, Inc. will post 38.16 EPS for the current year.

Wall Street Analyst Weigh In

A number of brokerages have commented on CHTR. Wells Fargo & Company upped their price objective on Charter Communications from $380.00 to $400.00 and gave the company an “equal weight” rating in a report on Monday, April 28th. Benchmark reaffirmed a “buy” rating and issued a $450.00 price objective on shares of Charter Communications in a report on Friday, January 31st. Loop Capital upped their price objective on Charter Communications from $385.00 to $430.00 and gave the company a “hold” rating in a report on Monday, April 28th. BNP Paribas reiterated an “underperform” rating and set a $290.00 target price on shares of Charter Communications in a research report on Thursday, April 10th. Finally, Barclays upped their target price on Charter Communications from $315.00 to $320.00 and gave the company an “underweight” rating in a research report on Monday, February 3rd. Five equities research analysts have rated the stock with a sell rating, seven have given a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $399.35.

Charter Communications Company Profile

Charter Communications, Inc operates as a broadband connectivity and cable operator company serving residential and commercial customers in the United States. The company offers subscription-based internet, video, and mobile and voice services; a suite of broadband connectivity services, including fixed internet, WiFi, and mobile; Advanced WiFi services; Spectrum Security Shield; in-home WiFi, which provides customers with high performance wireless routers and managed WiFi services to enhance their fixed wireless internet experience; out-of-home WiFi; and Spectrum WiFi services.