Nisa Investment Advisors LLC Has $11.12 Million Holdings in Charter Communications, Inc. (NASDAQ:CHTR)

Nisa Investment Advisors LLC reduced its stake in Charter Communications, Inc. (NASDAQ:CHTR - Free Report) by 7.1% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 30,185 shares of the company's stock after selling 2,293 shares during the period. Nisa Investment Advisors LLC's holdings in Charter Communications were worth $11,124,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Makaira Partners LLC boosted its position in shares of Charter Communications by 4.0% during the 4th quarter. Makaira Partners LLC now owns 373,191 shares of the company's stock worth $127,919,000 after acquiring an additional 14,510 shares in the last quarter. O Shaughnessy Asset Management LLC boosted its position in shares of Charter Communications by 213.9% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 26,344 shares of the company's stock worth $9,030,000 after acquiring an additional 17,952 shares in the last quarter. Private Trust Co. NA boosted its position in shares of Charter Communications by 69.5% during the 1st quarter. Private Trust Co. NA now owns 161 shares of the company's stock worth $59,000 after acquiring an additional 66 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in shares of Charter Communications by 21.0% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 3,893 shares of the company's stock worth $1,435,000 after acquiring an additional 676 shares in the last quarter. Finally, Vontobel Holding Ltd. boosted its position in shares of Charter Communications by 25.2% during the 1st quarter. Vontobel Holding Ltd. now owns 1,649 shares of the company's stock worth $608,000 after acquiring an additional 332 shares in the last quarter. 81.76% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of analysts recently issued reports on the company. BNP Paribas reissued an "underperform" rating and issued a $290.00 target price on shares of Charter Communications in a research report on Thursday, April 10th. Loop Capital raised Charter Communications from a "hold" rating to a "buy" rating and upped their target price for the company from $430.00 to $510.00 in a research report on Monday, May 19th. Sanford C. Bernstein cut Charter Communications from an "outperform" rating to a "market perform" rating and set a $410.00 target price for the company. in a research report on Monday, June 2nd. Morgan Stanley upped their target price on Charter Communications from $385.00 to $415.00 and gave the company an "equal weight" rating in a research report on Monday, April 28th. Finally, 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. Three research analysts have rated the stock with a sell rating, ten have given a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat, Charter Communications currently has an average rating of "Hold" and an average price target of $421.26.

Charter Communications Stock Performance

NASDAQ CHTR traded down $9.38 during trading on Friday, hitting $392.20. The company's stock had a trading volume of 813,949 shares, compared to its average volume of 1,267,736. The company has a quick ratio of 0.36, a current ratio of 0.36 and a debt-to-equity ratio of 4.54. The firm has a 50 day moving average price of $401.73 and a 200 day moving average price of $371.19. The firm has a market cap of $55.05 billion, a P/E ratio of 10.95, a price-to-earnings-growth ratio of 0.43 and a beta of 1.08. Charter Communications, Inc. has a 52 week low of $304.76 and a 52 week high of $437.06.

Charter Communications (NASDAQ:CHTR - Get Free Report) last issued its quarterly 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 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 the consensus estimate of $13.67 billion. During the same period in the prior year, the firm earned $7.55 earnings per share. The business's quarterly revenue was up .4% on a year-over-year basis. Equities research analysts forecast that Charter Communications, Inc. will post 38.16 earnings per share 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.