Signaturefd LLC Has $682,000 Holdings in Charter Communications, Inc. (NASDAQ:CHTR)

Signaturefd LLC decreased its position in shares of Charter Communications, Inc. (NASDAQ:CHTR) by 5.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,754 shares of the company’s stock after selling 104 shares during the period. Signaturefd LLC’s holdings in Charter Communications were worth $682,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. AQR Capital Management LLC lifted its stake in shares of Charter Communications by 9.7% in the third quarter. AQR Capital Management LLC now owns 14,782 shares of the company’s stock valued at $6,501,000 after buying an additional 1,311 shares during the period. River Road Asset Management LLC acquired a new stake in shares of Charter Communications during the 3rd quarter worth approximately $29,948,000. Graham Capital Management L.P. increased its position in shares of Charter Communications by 354.7% during the third quarter. Graham Capital Management L.P. now owns 15,133 shares of the company’s stock valued at $6,656,000 after purchasing an additional 11,805 shares during the period. DigitalBridge Group Inc. acquired a new position in shares of Charter Communications in the third quarter valued at $16,411,000. Finally, Kinetic Partners Management LP raised its stake in shares of Charter Communications by 51.3% in the third quarter. Kinetic Partners Management LP now owns 177,801 shares of the company’s stock valued at $78,200,000 after purchasing an additional 60,300 shares in the last quarter. 81.76% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

CHTR has been the topic of a number of recent research reports. Benchmark decreased their price target on shares of Charter Communications from $490.00 to $440.00 and set a “buy” rating on the stock in a research note on Monday, February 5th. Pivotal Research cut their price target on Charter Communications from $500.00 to $450.00 and set a “buy” rating for the company in a report on Monday, February 5th. Wells Fargo & Company cut their price target on Charter Communications from $340.00 to $290.00 and set an “equal weight” rating for the company in a report on Friday, April 5th. UBS Group cut their price target on Charter Communications from $360.00 to $325.00 and set a “neutral” rating for the company in a report on Thursday, March 28th. Finally, Barclays dropped their price objective on Charter Communications from $280.00 to $250.00 and set an “underweight” rating for the company in a report on Tuesday, April 2nd. One research analyst has rated the stock with a sell rating, ten have given a hold rating and five have issued a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $380.80.

Charter Communications Trading Up 0.5 %

NASDAQ:CHTR opened at $266.31 on Wednesday. Charter Communications, Inc. has a twelve month low of $254.31 and a twelve month high of $458.30. The company has a quick ratio of 0.31, a current ratio of 0.31 and a debt-to-equity ratio of 6.51. The business has a 50 day moving average price of $283.08 and a two-hundred day moving average price of $350.67. The company has a market cap of $38.68 billion, a P/E ratio of 8.87, a price-to-earnings-growth ratio of 0.46 and a beta of 0.96.

Charter Communications (NASDAQ:CHTR) last released its quarterly earnings results on Friday, February 2nd. The company reported $7.07 earnings per share for the quarter, missing analysts’ consensus estimates of $8.76 by ($1.69). Charter Communications had a return on equity of 32.32% and a net margin of 8.35%. The firm had revenue of $13.71 billion for the quarter, compared to analyst estimates of $13.70 billion. During the same period last year, the company earned $7.69 EPS. The company’s revenue was up .3% compared to the same quarter last year. As a group, analysts expect that Charter Communications, Inc. will post 32.38 EPS for the current fiscal year.

Charter Communications 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.