Charter Communications, Inc. (NASDAQ:CHTR) Shares Sold by Woodson Capital Management LP

Woodson Capital Management LP cut its stake in shares of Charter Communications, Inc. (NASDAQ:CHTR - Free Report) by 17.2% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 24,000 shares of the company's stock after selling 5,000 shares during the quarter. Charter Communications makes up approximately 1.3% of Woodson Capital Management LP's portfolio, making the stock its 21st biggest position. Woodson Capital Management LP's holdings in Charter Communications were worth $8,226,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in CHTR. Hennion & Walsh Asset Management Inc. grew its position in shares of Charter Communications by 22.4% during the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 1,203 shares of the company's stock worth $412,000 after buying an additional 220 shares in the last quarter. HB Wealth Management LLC grew its position in shares of Charter Communications by 8.2% during the fourth quarter. HB Wealth Management LLC now owns 1,660 shares of the company's stock worth $569,000 after buying an additional 126 shares in the last quarter. Aaron Wealth Advisors LLC acquired a new position in shares of Charter Communications during the fourth quarter worth about $230,000. Atomi Financial Group Inc. grew its position in shares of Charter Communications by 21.2% during the fourth quarter. Atomi Financial Group Inc. now owns 1,033 shares of the company's stock worth $354,000 after buying an additional 181 shares in the last quarter. Finally, Nisa Investment Advisors LLC grew its position in shares of Charter Communications by 17.4% during the fourth quarter. Nisa Investment Advisors LLC now owns 32,478 shares of the company's stock worth $11,132,000 after buying an additional 4,813 shares in the last quarter. 81.76% of the stock is owned by institutional investors and hedge funds.

Charter Communications Price Performance

Shares of NASDAQ CHTR opened at $418.63 on Tuesday. The company has a debt-to-equity ratio of 4.73, a current ratio of 0.31 and a quick ratio of 0.31. The stock has a fifty day moving average price of $366.92 and a 200 day moving average price of $366.69. Charter Communications, Inc. has a 1-year low of $266.06 and a 1-year high of $437.06. The company has a market cap of $58.76 billion, a PE ratio of 11.97, a P/E/G ratio of 0.44 and a beta of 1.11.

Charter Communications (NASDAQ:CHTR - Get Free Report) last issued its quarterly 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). Charter Communications had a return on equity of 29.01% and a net margin of 9.23%. The company had revenue of $13.74 billion for the quarter, compared to analyst estimates of $13.67 billion. During the same period in the prior year, the business earned $7.55 earnings per share. Charter Communications's revenue for the quarter was up .4% compared to the same quarter last year. Sell-side analysts forecast that Charter Communications, Inc. will post 38.16 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on CHTR shares. Oppenheimer raised Charter Communications from a "market perform" rating to an "outperform" rating and set a $500.00 price target for the company in a report on Friday. Wells Fargo & Company upped 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. Citigroup upped their price target on Charter Communications from $425.00 to $445.00 and gave the company a "buy" rating in a report on Monday, April 28th. Raymond James raised Charter Communications from an "underperform" rating to a "market perform" rating in a report on Monday. Finally, Royal Bank of Canada upped their price target on Charter Communications from $385.00 to $395.00 and gave the company a "sector perform" rating in a report on Monday, April 28th. Four research analysts have rated the stock with a sell rating, seven have issued a hold rating and nine have given a buy rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $409.39.

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.

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