Free Trial

OneDigital Investment Advisors LLC Makes New $292,000 Investment in Charter Communications, Inc. (NASDAQ:CHTR)

Charter Communications logo with Consumer Discretionary background

OneDigital Investment Advisors LLC purchased a new stake in Charter Communications, Inc. (NASDAQ:CHTR - Free Report) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 793 shares of the company's stock, valued at approximately $292,000.

Other hedge funds also recently made changes to their positions in the company. Makaira Partners LLC boosted its position in 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 buying an additional 14,510 shares during the period. O Shaughnessy Asset Management LLC boosted its position in 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 buying an additional 17,952 shares during the period. Private Trust Co. NA boosted its position in 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 buying an additional 66 shares during the period. Wealth Enhancement Advisory Services LLC boosted its position in 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 buying an additional 676 shares during the period. Finally, Vontobel Holding Ltd. boosted its position in 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 buying an additional 332 shares during the period. 81.76% of the stock is currently owned by institutional investors and hedge funds.

Charter Communications Trading Down 2.3%

Shares of NASDAQ:CHTR traded down $9.38 during mid-day trading on Friday, hitting $392.20. The company had a trading volume of 813,949 shares, compared to its average volume of 1,267,736. The firm has a fifty day moving average price of $401.73 and a 200 day moving average price of $371.19. The company has a market capitalization of $55.05 billion, a PE ratio of 10.95, a price-to-earnings-growth ratio of 0.43 and a beta of 1.08. 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 one year low of $304.76 and a one year high of $437.06.

Charter Communications (NASDAQ:CHTR - Get Free Report) last posted its quarterly 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 net margin of 9.42% and a return on equity of 27.70%. The business had revenue of $13.74 billion during the quarter, compared to analyst estimates of $13.67 billion. During the same period in the previous year, the business posted $7.55 EPS. The business's revenue for the quarter was up .4% compared to the same quarter last year. As a group, research analysts forecast that Charter Communications, Inc. will post 38.16 EPS for the current year.

Wall Street Analyst Weigh In

CHTR has been the topic of several recent research reports. Wolfe Research upgraded shares of Charter Communications from an "underperform" rating to a "peer perform" rating in a research report on Friday, June 20th. UBS Group raised their price target on shares of Charter Communications from $400.00 to $425.00 and gave the stock a "neutral" rating in a report on Wednesday, June 18th. Sanford C. Bernstein lowered shares of Charter Communications from an "outperform" rating to a "market perform" rating and set a $410.00 price target for the company. in a report on Monday, June 2nd. Wells Fargo & Company raised their price target on shares of Charter Communications from $380.00 to $400.00 and gave the stock an "equal weight" rating in a report on Monday, April 28th. Finally, Royal Bank Of Canada raised their price target on shares of Charter Communications from $385.00 to $395.00 and gave the stock a "sector perform" rating in a report on Monday, April 28th. Three analysts have rated the stock with a sell rating, ten have assigned a hold rating and nine have issued a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $421.26.

Read Our Latest Stock Analysis on CHTR

Charter Communications Company Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Charter Communications (NASDAQ:CHTR)

Should You Invest $1,000 in Charter Communications Right Now?

Before you consider Charter Communications, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Charter Communications wasn't on the list.

While Charter Communications currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

 The Best Nuclear Energy Stocks to Buy Cover

Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Watch Before Monday: Stocks to Load Up on Before Earnings
3 Hot Growth Stocks to Watch Right Now!
Don’t Miss These Top 3 Defense Stocks Set To Gain

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines