Robeco Institutional Asset Management B.V. grew its holdings in shares of Charter Communications, Inc. (NASDAQ:CHTR - Free Report) by 11.3% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 13,947 shares of the company's stock after purchasing an additional 1,412 shares during the quarter. Robeco Institutional Asset Management B.V.'s holdings in Charter Communications were worth $5,140,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors have also recently made changes to their positions in CHTR. ST Germain D J Co. Inc. boosted its holdings in Charter Communications by 1,283.3% during the 1st quarter. ST Germain D J Co. Inc. now owns 83 shares of the company's stock valued at $31,000 after acquiring an additional 77 shares during the period. Generali Asset Management SPA SGR purchased a new stake in shares of Charter Communications in the fourth quarter valued at approximately $36,000. Brown Brothers Harriman & Co. increased its holdings in Charter Communications by 37.7% during the 4th quarter. Brown Brothers Harriman & Co. now owns 106 shares of the company's stock worth $36,000 after purchasing an additional 29 shares during the period. NBC Securities Inc. bought a new stake in Charter Communications during the 1st quarter valued at $47,000. Finally, MassMutual Private Wealth & Trust FSB raised its position in Charter Communications by 29.4% during the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 264 shares of the company's stock valued at $97,000 after purchasing an additional 60 shares in the last quarter. Institutional investors own 81.76% of the company's stock.
Charter Communications Trading Up 1.0%
Shares of CHTR stock traded up $3.99 on Thursday, hitting $416.25. The stock had a trading volume of 516,427 shares, compared to its average volume of 1,265,347. The company's 50 day moving average price is $397.37 and its 200-day moving average price is $368.75. Charter Communications, Inc. has a 1 year low of $286.66 and a 1 year high of $437.06. The company has a debt-to-equity ratio of 4.54, a current ratio of 0.36 and a quick ratio of 0.36. The firm has a market capitalization of $58.42 billion, a P/E ratio of 11.62, a P/E/G ratio of 0.45 and a beta of 1.08.
Charter Communications (NASDAQ:CHTR - Get Free Report) last posted its quarterly earnings data 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 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 analysts' expectations of $13.67 billion. During the same period in the previous year, the business posted $7.55 EPS. The company's revenue for the quarter was up .4% compared to the same quarter last year. Analysts anticipate that Charter Communications, Inc. will post 38.16 earnings per share for the current year.
Wall Street Analyst Weigh In
Several research firms recently weighed in on CHTR. Oppenheimer upgraded Charter Communications from a "market perform" rating to an "outperform" rating and set a $500.00 price objective for the company in a report on Friday, May 16th. Morgan Stanley upped their target price on Charter Communications from $385.00 to $415.00 and gave the stock an "equal weight" rating in a report on Monday, April 28th. Wolfe Research raised Charter Communications from an "underperform" rating to a "peer perform" rating in a research report on Friday, June 20th. Wells Fargo & Company lifted their target price on Charter Communications from $380.00 to $400.00 and gave the company an "equal weight" rating in a research note on Monday, April 28th. Finally, UBS Group increased their price target on shares of Charter Communications from $400.00 to $425.00 and gave the company a "neutral" rating in a research report on Wednesday, June 18th. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating and nine have issued a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $421.26.
View Our Latest Report on CHTR
About Charter Communications
(
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.
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