Banco Bilbao Vizcaya Argentaria S.A. Sells 1,159 Shares of Charter Communications, Inc. (NASDAQ:CHTR)

Banco Bilbao Vizcaya Argentaria S.A. trimmed its holdings in Charter Communications, Inc. (NASDAQ:CHTR - Free Report) by 8.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 12,452 shares of the company's stock after selling 1,159 shares during the period. Banco Bilbao Vizcaya Argentaria S.A.'s holdings in Charter Communications were worth $4,268,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in the business. Avior Wealth Management LLC lifted its holdings in shares of Charter Communications by 104.7% during 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 during the period. Sierra Ocean LLC acquired a new stake in Charter Communications during the 4th quarter worth approximately $32,000. Generali Asset Management SPA SGR acquired a new stake in Charter Communications during the 4th quarter worth approximately $36,000. Brown Brothers Harriman & Co. increased its position in Charter Communications by 37.7% during the 4th quarter. Brown Brothers Harriman & Co. now owns 106 shares of the company's stock worth $36,000 after purchasing an additional 29 shares in the last quarter. Finally, Wingate Wealth Advisors Inc. acquired a new stake in Charter Communications during the 4th quarter worth approximately $45,000. 81.76% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the stock. BNP Paribas reissued an "underperform" rating and set a $290.00 target price on shares of Charter Communications in a research report on Thursday, April 10th. StockNews.com upgraded shares of Charter Communications from a "hold" rating to a "buy" rating in a research note on Thursday. Citigroup upped their target price on shares of Charter Communications from $425.00 to $445.00 and gave the company a "buy" rating in a research note on Monday. Barclays lifted their price target on shares of Charter Communications from $315.00 to $320.00 and gave the stock an "underweight" rating in a research note on Monday, February 3rd. Finally, Morgan Stanley upped their price objective on shares of Charter Communications from $385.00 to $415.00 and gave the company an "equal weight" rating in a research report on Monday. Five research analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $399.35.

Charter Communications Price Performance

NASDAQ:CHTR traded down $6.86 during trading hours on Thursday, reaching $385.00. 520,278 shares of the company's stock were exchanged, compared to its average volume of 1,249,795. The company has a market capitalization of $54.65 billion, a P/E ratio of 10.99, a price-to-earnings-growth ratio of 0.44 and a beta of 1.13. Charter Communications, Inc. has a 12 month low of $253.91 and a 12 month high of $415.27. The company has a quick ratio of 0.31, a current ratio of 0.31 and a debt-to-equity ratio of 4.73. The business's 50-day simple moving average is $356.75 and its two-hundred day simple moving average is $359.62.

Charter Communications (NASDAQ:CHTR - Get Free Report) last issued its earnings results on Friday, April 25th. The company reported $8.42 earnings per share for the quarter, missing analysts' consensus estimates of $8.70 by ($0.28). The business had revenue of $13.74 billion for the quarter, compared to the consensus estimate of $13.67 billion. Charter Communications had a return on equity of 29.01% and a net margin of 9.23%. The company's quarterly revenue was up .4% on a year-over-year basis. During the same quarter in the previous year, the business posted $7.55 earnings per share. Sell-side analysts expect 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.