Charter Communications, Inc. (NASDAQ:CHTR) Shares Purchased by Captrust Financial Advisors

Captrust Financial Advisors lifted its position in Charter Communications, Inc. (NASDAQ:CHTR) by 40.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,739 shares of the company’s stock after acquiring an additional 499 shares during the period. Captrust Financial Advisors’ holdings in Charter Communications were worth $596,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in the company. Brown Brothers Harriman & Co. boosted its stake in shares of Charter Communications by 37.7% in the fourth quarter. Brown Brothers Harriman & Co. now owns 106 shares of the company’s stock worth $36,000 after acquiring an additional 29 shares during the last quarter. Chemistry Wealth Management LLC boosted its stake in shares of Charter Communications by 4.8% in the fourth quarter. Chemistry Wealth Management LLC now owns 660 shares of the company’s stock worth $226,000 after acquiring an additional 30 shares during the last quarter. Jones Financial Companies Lllp boosted its stake in Charter Communications by 3.4% during the fourth quarter. Jones Financial Companies Lllp now owns 904 shares of the company’s stock worth $310,000 after buying an additional 30 shares during the last quarter. Quadrant Capital Group LLC boosted its stake in Charter Communications by 4.2% during the fourth quarter. Quadrant Capital Group LLC now owns 740 shares of the company’s stock worth $254,000 after buying an additional 30 shares during the last quarter. Finally, EverSource Wealth Advisors LLC boosted its stake in Charter Communications by 5.8% during the fourth quarter. EverSource Wealth Advisors LLC now owns 622 shares of the company’s stock worth $213,000 after buying an additional 34 shares during the last quarter. 81.76% of the stock is owned by institutional investors and hedge funds.

Charter Communications Price Performance

CHTR stock opened at $427.25 on Friday. 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 company has a market capitalization of $59.97 billion, a PE ratio of 12.22, a P/E/G ratio of 0.44 and a beta of 1.11. Charter Communications, Inc. has a 12-month low of $266.06 and a 12-month high of $437.06. The business’s fifty day moving average price is $365.54 and its 200 day moving average price is $366.06.

Charter Communications (NASDAQ:CHTR) last posted 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). The firm had revenue of $13.74 billion during the quarter, compared to analysts’ expectations of $13.67 billion. Charter Communications had a net margin of 9.23% and a return on equity of 29.01%. Charter Communications’s quarterly revenue was up .4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $7.55 EPS. On average, sell-side analysts anticipate that Charter Communications, Inc. will post 38.16 EPS for the current year.

Wall Street Analyst Weigh In

CHTR has been the topic of a number of recent research reports. Citigroup boosted their price objective on Charter Communications from $425.00 to $445.00 and gave the stock a “buy” rating in a research note on Monday, April 28th. Benchmark reissued a “buy” rating and set a $450.00 price objective on shares of Charter Communications in a research note on Friday, January 31st. Oppenheimer raised Charter Communications from a “market perform” rating to an “outperform” rating and set a $500.00 price objective on the stock in a research note on Friday. Barclays boosted their price objective on Charter Communications from $315.00 to $320.00 and gave the stock an “underweight” rating in a research note on Monday, February 3rd. Finally, Loop Capital lifted their target price on Charter Communications from $385.00 to $430.00 and gave the company a “hold” rating in a research report on Monday, April 28th. Five investment analysts have rated the stock with a sell rating, seven have given a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $404.94.

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.