Deutsche Bank AG Has $124.93 Million Holdings in Charter Communications, Inc. (NASDAQ:CHTR)

Deutsche Bank AG lifted its holdings in shares of Charter Communications, Inc. (NASDAQ:CHTR - Free Report) by 14.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 364,465 shares of the company's stock after buying an additional 47,047 shares during the period. Deutsche Bank AG owned approximately 0.26% of Charter Communications worth $124,928,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in CHTR. Norges Bank acquired a new stake in Charter Communications during the 4th quarter valued at $1,032,236,000. Price T Rowe Associates Inc. MD increased its stake in shares of Charter Communications by 822.8% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 1,263,721 shares of the company's stock worth $433,167,000 after acquiring an additional 1,126,783 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its holdings in Charter Communications by 130.1% in 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 in the last quarter. LSV Asset Management boosted its holdings in Charter Communications by 8,343.1% during the fourth quarter. LSV Asset Management now owns 177,305 shares of the company's stock valued at $60,775,000 after acquiring an additional 175,205 shares during the period. Finally, Dimensional Fund Advisors LP boosted its holdings in Charter Communications by 21.9% during the fourth quarter. Dimensional Fund Advisors LP now owns 900,849 shares of the company's stock valued at $308,795,000 after acquiring an additional 161,547 shares during the period. 81.76% of the stock is currently owned by institutional investors and hedge funds.

Charter Communications Trading Up 0.7%

CHTR stock traded up $2.73 during trading on Wednesday, hitting $413.86. The company had a trading volume of 1,078,759 shares, compared to its average volume of 1,245,907. 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 firm has a 50-day moving average price of $362.51 and a 200-day moving average price of $364.17. Charter Communications, Inc. has a 12 month low of $266.06 and a 12 month high of $415.27. The stock has a market cap of $58.09 billion, a price-to-earnings ratio of 11.84, a PEG ratio of 0.44 and a beta of 1.11.

Charter Communications (NASDAQ:CHTR - Get Free Report) last issued its earnings results 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 business had revenue of $13.74 billion for the quarter, compared to the consensus estimate of $13.67 billion. During the same quarter in the previous year, the firm posted $7.55 EPS. The business's revenue was up .4% on a year-over-year basis. As a group, analysts predict that Charter Communications, Inc. will post 38.16 earnings per share for the current year.

Analysts Set New Price Targets

A number of research firms have issued reports on CHTR. Citigroup upped their price target on shares of Charter Communications from $425.00 to $445.00 and gave the company a "buy" rating in a report on Monday, April 28th. StockNews.com raised shares of Charter Communications from a "hold" rating to a "buy" rating in a research report on Thursday, May 1st. 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, April 28th. Loop Capital upped 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. Finally, Wells Fargo & Company upped their price objective on shares of Charter Communications from $380.00 to $400.00 and gave the company an "equal weight" rating in a research report on Monday, April 28th. Five research 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. According to data from MarketBeat.com, Charter Communications currently has an average rating of "Hold" and a consensus target price of $399.35.

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.