5,900 Shares in Charter Communications, Inc. (NASDAQ:CHTR) Purchased by Caisse DE Depot ET Placement DU Quebec

Caisse DE Depot ET Placement DU Quebec purchased a new stake in shares of Charter Communications, Inc. (NASDAQ:CHTR - Free Report) in the fourth quarter, according to its most recent 13F filing with the SEC. The fund purchased 5,900 shares of the company's stock, valued at approximately $2,022,000.

A number of other large investors have also recently modified their holdings of the business. Avior Wealth Management LLC grew its position in 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 last quarter. Sierra Ocean LLC purchased a new position in shares of Charter Communications in the 4th quarter valued at approximately $32,000. Generali Asset Management SPA SGR bought a new position in shares of Charter Communications in the 4th 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 valued at $36,000 after purchasing an additional 29 shares during the last quarter. Finally, Wingate Wealth Advisors Inc. bought a new stake in Charter Communications in the fourth quarter worth $45,000. Institutional investors own 81.76% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on CHTR. StockNews.com raised shares of Charter Communications from a "hold" rating to a "buy" rating in a research report on Thursday, May 1st. Loop Capital boosted their price objective on shares of Charter Communications from $385.00 to $430.00 and gave the company a "hold" rating in a research report on Monday, April 28th. Royal Bank of Canada upped their price target on shares of Charter Communications from $385.00 to $395.00 and gave the stock a "sector perform" rating in a research report on Monday, April 28th. Benchmark restated a "buy" rating and issued a $450.00 price target on shares of Charter Communications in a research note on Friday, January 31st. Finally, Wells Fargo & Company raised their price target on Charter Communications from $380.00 to $400.00 and gave the company an "equal weight" rating in a report on Monday, April 28th. 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 company. Based on data from MarketBeat.com, Charter Communications presently has an average rating of "Hold" and an average target price of $399.35.

Charter Communications Stock Down 0.7 %

Charter Communications stock traded down $2.91 during midday trading on Friday, hitting $401.50. 902,732 shares of the company's stock were exchanged, compared to its average volume of 1,248,316. 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 firm has a 50-day moving average of $360.80 and a two-hundred day moving average of $362.45. Charter Communications, Inc. has a 12 month low of $261.76 and a 12 month high of $415.27. The company has a market cap of $56.36 billion, a PE ratio of 11.48, a P/E/G ratio of 0.44 and a beta of 1.11.

Charter Communications (NASDAQ:CHTR - Get Free Report) last announced its earnings results on Friday, April 25th. The company reported $8.42 earnings per share 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 analyst estimates of $13.67 billion. Charter Communications had a net margin of 9.23% and a return on equity of 29.01%. Charter Communications's revenue was up .4% on a year-over-year basis. During the same quarter last year, the business earned $7.55 earnings per share. As a group, analysts expect that Charter Communications, Inc. will post 38.16 earnings per share for the current fiscal year.

Charter Communications Company 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.