Boston Trust Walden Corp Reduces Stock Holdings in Charter Communications, Inc. (NASDAQ:CHTR)

Boston Trust Walden Corp lessened its holdings in shares of Charter Communications, Inc. (NASDAQ:CHTR - Free Report) by 4.2% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 22,391 shares of the company's stock after selling 971 shares during the quarter. Boston Trust Walden Corp's holdings in Charter Communications were worth $8,252,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Norges Bank acquired a new position in shares of Charter Communications during the 4th quarter valued at about $1,032,236,000. Price T Rowe Associates Inc. MD boosted its position in shares of Charter Communications by 822.8% during 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 last quarter. GAMMA Investing LLC boosted its position in shares of Charter Communications by 43,296.0% during the 1st quarter. GAMMA Investing LLC now owns 857,938 shares of the company's stock valued at $316,176,000 after acquiring an additional 855,961 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its position in shares of Charter Communications by 130.1% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 1,078,175 shares of the company's stock valued at $369,566,000 after acquiring an additional 609,554 shares during the last quarter. Finally, LSV Asset Management lifted its position in Charter Communications by 8,343.1% in the fourth quarter. LSV Asset Management now owns 177,305 shares of the company's stock valued at $60,775,000 after buying an additional 175,205 shares during the last quarter. Institutional investors and hedge funds own 81.76% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have commented on CHTR shares. Wells Fargo & Company upped their target price 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. Wall Street Zen upgraded shares of Charter Communications from a "hold" rating to a "buy" rating in a research note on Thursday, May 1st. Morgan Stanley boosted their price target on shares of Charter Communications from $385.00 to $415.00 and gave the stock an "equal weight" rating in a research note on Monday, April 28th. Wolfe Research upgraded shares of Charter Communications from an "underperform" rating to a "peer perform" rating in a research note on Friday. Finally, Loop Capital upgraded shares of Charter Communications from a "hold" rating to a "buy" rating and boosted their price target for the stock from $430.00 to $510.00 in a research note on Monday, May 19th. Three investment analysts have rated the stock with a sell rating, ten have issued a hold rating and nine have issued a buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $410.20.

Charter Communications Stock Up 2.4%

Shares of CHTR stock traded up $8.94 during trading hours on Friday, reaching $386.37. 1,981,303 shares of the stock were exchanged, compared to its average volume of 1,284,049. The business's fifty day moving average is $386.49 and its two-hundred day moving average is $367.62. The company has a debt-to-equity ratio of 4.54, a current ratio of 0.36 and a quick ratio of 0.36. Charter Communications, Inc. has a 12-month low of $282.18 and a 12-month high of $437.06. The firm has a market capitalization of $54.23 billion, a P/E ratio of 10.78, a P/E/G ratio of 0.42 and a beta of 1.08.

Charter Communications (NASDAQ:CHTR - Get Free Report) last released 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 firm had revenue of $13.74 billion for the quarter, compared to analysts' expectations of $13.67 billion. Charter Communications had a return on equity of 27.70% and a net margin of 9.42%. The firm's quarterly revenue was up .4% on a year-over-year basis. During the same quarter in the previous year, the company posted $7.55 earnings per share. As a group, research analysts expect that Charter Communications, Inc. will post 38.16 EPS for the current fiscal year.

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.