Charter Communications, Inc. (NASDAQ:CHTR) Shares Sold by Bokf Na

BOKF NA lowered its holdings in Charter Communications, Inc. (NASDAQ:CHTR - Free Report) by 40.2% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 3,833 shares of the company's stock after selling 2,575 shares during the period. BOKF NA's holdings in Charter Communications were worth $1,284,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Norges Bank acquired a new stake in shares of Charter Communications during the fourth quarter worth about $1,032,236,000. Geode Capital Management LLC increased its position in Charter Communications by 1.9% in the 4th quarter. Geode Capital Management LLC now owns 2,477,276 shares of the company's stock valued at $847,087,000 after acquiring an additional 45,045 shares during the period. Price T Rowe Associates Inc. MD increased its position in Charter Communications by 822.8% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 1,263,721 shares of the company's stock valued at $433,167,000 after acquiring an additional 1,126,783 shares during the period. Arrowstreet Capital Limited Partnership lifted its holdings in shares of Charter Communications by 130.1% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,078,175 shares of the company's stock worth $369,566,000 after purchasing an additional 609,554 shares during the period. Finally, Northern Trust Corp lifted its stake in shares of Charter Communications by 16.6% in the 4th quarter. Northern Trust Corp now owns 1,001,066 shares of the company's stock worth $343,135,000 after acquiring an additional 142,883 shares during the period. Hedge funds and other institutional investors own 81.76% of the company's stock.

Charter Communications Price Performance

CHTR stock traded up $0.79 on Monday, reaching $402.52. The company had a trading volume of 1,064,115 shares, compared to its average volume of 1,243,726. Charter Communications, Inc. has a 1 year low of $266.06 and a 1 year high of $415.27. The company has a debt-to-equity ratio of 4.73, a quick ratio of 0.31 and a current ratio of 0.31. The company's fifty day moving average is $361.46 and its 200 day moving average is $363.38. The company has a market cap of $56.50 billion, a P/E ratio of 11.51, a PEG ratio of 0.44 and a beta of 1.11.

Charter Communications (NASDAQ:CHTR - Get Free Report) 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 business had revenue of $13.74 billion for the quarter, compared to analyst estimates of $13.67 billion. Charter Communications had a return on equity of 29.01% and a net margin of 9.23%. Charter Communications's revenue for the quarter was up .4% compared to the same quarter last year. During the same quarter last year, the business earned $7.55 EPS. On average, research analysts forecast that Charter Communications, Inc. will post 38.16 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on CHTR. StockNews.com upgraded shares of Charter Communications from a "hold" rating to a "buy" rating in a research report on Thursday, May 1st. Wells Fargo & Company increased their price objective on Charter Communications from $380.00 to $400.00 and gave the stock an "equal weight" rating in a research report on Monday, April 28th. Barclays increased their price objective on Charter Communications from $315.00 to $320.00 and gave the stock an "underweight" rating in a research report on Monday, February 3rd. Morgan Stanley increased their price objective on Charter Communications from $385.00 to $415.00 and gave the stock an "equal weight" rating in a research report on Monday, April 28th. Finally, BNP Paribas reiterated an "underperform" rating and issued a $290.00 price objective on shares of Charter Communications in a research report on Thursday, April 10th. Five investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have assigned a buy rating to the company's stock. According to MarketBeat, Charter Communications has an average rating of "Hold" and a consensus target price of $399.35.

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.