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

Boston Trust Walden Corp cut its position 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 Form 13F filing with the SEC. 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 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in CHTR. ST Germain D J Co. Inc. grew its holdings in Charter Communications by 1,283.3% during the first quarter. ST Germain D J Co. Inc. now owns 83 shares of the company's stock valued at $31,000 after purchasing an additional 77 shares during the period. Generali Asset Management SPA SGR bought a new position in shares of Charter Communications during the 4th quarter worth $36,000. Brown Brothers Harriman & Co. increased its holdings in Charter Communications by 37.7% in the 4th quarter. Brown Brothers Harriman & Co. now owns 106 shares of the company's stock worth $36,000 after acquiring an additional 29 shares during the last quarter. NBC Securities Inc. bought a new stake in Charter Communications in the 1st quarter valued at about $47,000. Finally, Union Bancaire Privee UBP SA purchased a new stake in Charter Communications during the fourth quarter valued at about $55,000. 81.76% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research firms have recently issued reports on CHTR. Royal Bank Of Canada boosted their price target on shares of Charter Communications from $385.00 to $395.00 and gave the company a "sector perform" rating in a research report on Monday, April 28th. Wells Fargo & Company raised their price target on Charter Communications from $380.00 to $400.00 and gave the stock an "equal weight" rating in a report on Monday, April 28th. Loop Capital upgraded Charter Communications from a "hold" rating to a "buy" rating and boosted their price objective for the company from $430.00 to $510.00 in a research note on Monday, May 19th. Wolfe Research upgraded Charter Communications from an "underperform" rating to a "peer perform" rating in a research note on Friday. Finally, Citigroup upped their price target on Charter Communications from $425.00 to $445.00 and gave the company a "buy" rating in a research report on Monday, April 28th. Three analysts have rated the stock with a sell rating, ten have issued a hold rating and nine have given a buy rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Hold" and an average target price of $410.20.

Charter Communications Stock Up 2.8%

Charter Communications stock traded up $10.92 during trading hours on Tuesday, hitting $403.50. 1,056,109 shares of the stock traded hands, compared to its average volume of 1,281,167. The company has a current ratio of 0.36, a quick ratio of 0.36 and a debt-to-equity ratio of 4.54. Charter Communications, Inc. has a one year low of $282.18 and a one year high of $437.06. The company has a market cap of $56.64 billion, a PE ratio of 11.26, a PEG ratio of 0.42 and a beta of 1.08. The firm's 50-day moving average price is $387.54 and its two-hundred day moving average price is $367.29.

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). Charter Communications had a return on equity of 27.70% and a net margin of 9.42%. The business had revenue of $13.74 billion during the quarter, compared to analysts' expectations of $13.67 billion. During the same period in the prior year, the company earned $7.55 earnings per share. The firm's quarterly revenue was up .4% compared to the same quarter last year. On average, research analysts forecast that Charter Communications, Inc. will post 38.16 EPS for the current 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.