Blair William & Co. IL Has $267,000 Stake in Charter Communications, Inc. (NASDAQ:CHTR)

Blair William & Co. IL reduced its position in shares of Charter Communications, Inc. (NASDAQ:CHTR) by 58.8% during the 4th quarter, Holdings Channel.com reports. The firm owned 780 shares of the company’s stock after selling 1,111 shares during the period. Blair William & Co. IL’s holdings in Charter Communications were worth $267,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the business. Avior Wealth Management LLC lifted its stake in Charter Communications by 104.7% in the 4th quarter. Avior Wealth Management LLC now owns 88 shares of the company’s stock worth $30,000 after acquiring an additional 45 shares in the last quarter. Sierra Ocean LLC acquired a new stake in shares of Charter Communications during the fourth quarter worth approximately $32,000. Generali Asset Management SPA SGR acquired a new stake in shares of Charter Communications during the fourth quarter worth approximately $36,000. Wingate Wealth Advisors Inc. purchased a new position in Charter Communications during the fourth quarter valued at approximately $45,000. Finally, Union Bancaire Privee UBP SA acquired a new position in Charter Communications in the 4th quarter valued at approximately $55,000. Hedge funds and other institutional investors own 81.76% of the company’s stock.

Wall Street Analysts Forecast Growth

CHTR has been the subject of several recent research reports. Benchmark reiterated a “buy” rating and set a $450.00 price objective on shares of Charter Communications in a report on Friday, January 31st. KeyCorp upgraded Charter Communications from a “sector weight” rating to an “overweight” rating and set a $500.00 price target for the company in a report on Thursday, December 12th. Barclays increased their price objective on Charter Communications from $315.00 to $320.00 and gave the stock an “underweight” rating in a report on Monday, February 3rd. Citigroup started coverage on shares of Charter Communications in a research note on Friday, March 14th. They issued a “buy” rating and a $425.00 target price for the company. Finally, Royal Bank of Canada increased their price target on shares of Charter Communications from $380.00 to $385.00 and gave the stock a “sector perform” rating in a research note on Monday, February 3rd. Four investment analysts have rated the stock with a sell rating, nine have issued a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $393.18.

Charter Communications Price Performance

Shares of Charter Communications stock opened at $338.29 on Friday. The stock has a market capitalization of $48.02 billion, a price-to-earnings ratio of 9.68, a P/E/G ratio of 0.44 and a beta of 1.12. The firm’s 50-day moving average price is $360.56 and its two-hundred day moving average price is $357.63. The company has a current ratio of 0.31, a quick ratio of 0.31 and a debt-to-equity ratio of 4.73. Charter Communications, Inc. has a 1-year low of $236.08 and a 1-year high of $415.27.

Charter Communications (NASDAQ:CHTR) last released its quarterly earnings results on Friday, February 7th. The company reported $10.10 EPS for the quarter, topping analysts’ consensus estimates of $9.14 by $0.96. Charter Communications had a return on equity of 29.01% and a net margin of 9.23%. During the same quarter last year, the firm posted $7.07 EPS. On average, equities analysts predict that Charter Communications, Inc. will post 38.16 earnings per share 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.