Susquehanna Fundamental Investments LLC Makes New Investment in Charter Communications, Inc. (NASDAQ:CHTR)

Susquehanna Fundamental Investments LLC bought a new position in Charter Communications, Inc. (NASDAQ:CHTR - Free Report) in the fourth quarter, according to its most recent filing with the SEC. The firm bought 47,306 shares of the company's stock, valued at approximately $16,215,000.

A number of other hedge funds have also bought and sold shares of the stock. Avior Wealth Management LLC grew its holdings in shares of Charter Communications by 104.7% during the fourth quarter. Avior Wealth Management LLC now owns 88 shares of the company's stock valued at $30,000 after buying an additional 45 shares during the last quarter. Sierra Ocean LLC acquired a new position in shares of Charter Communications in the fourth quarter valued at about $32,000. Generali Asset Management SPA SGR purchased a new position in shares of Charter Communications in the fourth quarter worth about $36,000. Brown Brothers Harriman & Co. lifted its holdings in shares of Charter Communications by 37.7% during the fourth quarter. Brown Brothers Harriman & Co. now owns 106 shares of the company's stock worth $36,000 after purchasing an additional 29 shares during the period. Finally, Wingate Wealth Advisors Inc. purchased a new stake in Charter Communications in the fourth quarter valued at approximately $45,000. Institutional investors and hedge funds own 81.76% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts have commented on the stock. BNP Paribas restated an "underperform" rating and set a $290.00 price objective on shares of Charter Communications in a research note on Thursday, April 10th. Morgan Stanley increased their price target on Charter Communications from $385.00 to $415.00 and gave the stock an "equal weight" rating in a research report on Monday. Royal Bank of Canada boosted their price objective on Charter Communications from $385.00 to $395.00 and gave the company a "sector perform" rating in a report on Monday. StockNews.com raised Charter Communications from a "hold" rating to a "buy" rating in a report on Thursday. Finally, Benchmark reissued a "buy" rating and issued a $450.00 price target on shares of Charter Communications in a report on Friday, January 31st. Five analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $399.35.

Charter Communications Price Performance

NASDAQ:CHTR traded up $2.25 during trading hours on Friday, hitting $385.25. 698,811 shares of the stock were exchanged, compared to its average volume of 1,251,296. The company has a market cap of $54.69 billion, a P/E ratio of 11.02, a P/E/G ratio of 0.44 and a beta of 1.13. The firm's fifty day moving average price is $357.09 and its 200 day moving average price is $359.97. Charter Communications, Inc. has a 52-week low of $260.03 and a 52-week high of $415.27. 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 (NASDAQ:CHTR - Get Free Report) last posted its quarterly earnings data on Friday, April 25th. The company reported $8.42 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 posted $7.55 earnings per share. The firm's revenue for the quarter was up .4% compared to the same quarter last year. As a group, equities research analysts anticipate that Charter Communications, Inc. will post 38.16 EPS for the current fiscal year.

About Charter Communications

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.