Jackson Creek Investment Advisors LLC Boosts Holdings in Charter Communications, Inc. (NASDAQ:CHTR)

Jackson Creek Investment Advisors LLC boosted its position in shares of Charter Communications, Inc. (NASDAQ:CHTR - Free Report) by 182.6% during the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 2,077 shares of the company's stock after purchasing an additional 1,342 shares during the quarter. Jackson Creek Investment Advisors LLC's holdings in Charter Communications were worth $765,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. ST Germain D J Co. Inc. increased its holdings in Charter Communications by 1,283.3% in the 1st quarter. ST Germain D J Co. Inc. now owns 83 shares of the company's stock worth $31,000 after buying an additional 77 shares in the last quarter. SBI Securities Co. Ltd. boosted its holdings in shares of Charter Communications by 93.2% during the 1st quarter. SBI Securities Co. Ltd. now owns 85 shares of the company's stock valued at $31,000 after acquiring an additional 41 shares during the last quarter. Larson Financial Group LLC raised its holdings in shares of Charter Communications by 70.2% during the first quarter. Larson Financial Group LLC now owns 97 shares of the company's stock valued at $36,000 after purchasing an additional 40 shares during the last quarter. Generali Asset Management SPA SGR purchased a new position in shares of Charter Communications during the fourth quarter valued at approximately $36,000. Finally, Brown Brothers Harriman & Co. lifted its position in Charter Communications by 37.7% during the fourth quarter. Brown Brothers Harriman & Co. now owns 106 shares of the company's stock valued at $36,000 after purchasing an additional 29 shares during the period. 81.76% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the company. Wolfe Research raised Charter Communications from an "underperform" rating to a "peer perform" rating in a report on Friday, June 20th. Morgan Stanley increased their target price on Charter Communications from $385.00 to $415.00 and gave the company an "equal weight" rating in a report on Monday, April 28th. Wells Fargo & Company raised their target price 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. Royal Bank Of Canada increased their price objective on shares of Charter Communications from $385.00 to $395.00 and gave the stock a "sector perform" rating in a research note on Monday, April 28th. Finally, UBS Group upped their target price on shares of Charter Communications from $400.00 to $425.00 and gave the company a "neutral" rating in a report on Wednesday, June 18th. Three analysts have rated the stock with a sell rating, ten have issued a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of "Hold" and an average target price of $422.37.

Charter Communications Stock Performance

Shares of NASDAQ CHTR opened at $382.08 on Friday. The company has a market cap of $53.63 billion, a P/E ratio of 10.66, a P/E/G ratio of 0.42 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. The company has a debt-to-equity ratio of 4.54, a quick ratio of 0.36 and a current ratio of 0.36. The firm's fifty day moving average is $400.15 and its two-hundred day moving average is $372.37.

Charter Communications (NASDAQ:CHTR - Get Free Report) last issued its earnings results on Friday, April 25th. The company reported $8.42 earnings per share (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 firm had revenue of $13.74 billion during the quarter, compared to the consensus estimate of $13.67 billion. During the same period last year, the firm posted $7.55 earnings per share. The company's revenue for the quarter was up .4% compared to the same quarter last year. As a group, analysts anticipate that Charter Communications, Inc. will post 38.16 EPS for the current fiscal year.

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.

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