4,263 Shares in Charter Communications, Inc. (NASDAQ:CHTR) Bought by Surience Private Wealth LLC

Surience Private Wealth LLC bought a new position in shares of Charter Communications, Inc. (NASDAQ:CHTR - Free Report) during the first quarter, according to the company in its most recent disclosure with the SEC. The firm bought 4,263 shares of the company's stock, valued at approximately $1,571,000. Charter Communications comprises 2.7% of Surience Private Wealth LLC's holdings, making the stock its 12th largest holding.

Several other hedge funds also recently made changes to their positions in the company. ST Germain D J Co. Inc. grew its stake 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 worth $31,000 after buying an additional 77 shares during the last quarter. Generali Asset Management SPA SGR acquired a new position in Charter Communications during the 4th quarter valued at about $36,000. Brown Brothers Harriman & Co. grew its position in Charter Communications by 37.7% in 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 last quarter. NBC Securities Inc. acquired a new stake in shares of Charter Communications in the first quarter valued at approximately $47,000. Finally, MassMutual Private Wealth & Trust FSB raised its holdings in shares of Charter Communications by 29.4% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 264 shares of the company's stock valued at $97,000 after buying an additional 60 shares during the last quarter. Institutional investors and hedge funds own 81.76% of the company's stock.

Analysts Set New Price Targets

Several research firms recently commented on CHTR. Royal Bank Of Canada raised their target price on Charter Communications from $385.00 to $395.00 and gave the company a "sector perform" rating in a research report on Monday, April 28th. BNP Paribas reissued an "underperform" rating and set a $290.00 price target on shares of Charter Communications in a report on Thursday, April 10th. Bank of America upped their price objective on shares of Charter Communications from $450.00 to $500.00 and gave the stock a "buy" rating in a report on Tuesday. Citigroup raised their target price on shares of Charter Communications from $425.00 to $445.00 and gave the company a "buy" rating in a research note on Monday, April 28th. Finally, Oppenheimer upgraded shares of 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. 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. According to MarketBeat, Charter Communications currently has a consensus rating of "Hold" and an average target price of $412.70.

Charter Communications Stock Up 2.3%

Shares of Charter Communications stock traded up $9.41 on Tuesday, hitting $418.22. 1,297,112 shares of the company traded hands, compared to its average volume of 1,305,229. The company has a quick ratio of 0.36, a current ratio of 0.36 and a debt-to-equity ratio of 4.54. Charter Communications, Inc. has a 12-month low of $286.66 and a 12-month high of $437.06. The company has a 50-day moving average price of $394.14 and a 200 day moving average price of $368.10. The company has a market cap of $58.70 billion, a PE ratio of 11.67, a PEG ratio of 0.44 and a beta of 1.08.

Charter Communications (NASDAQ:CHTR - Get Free Report) last issued its earnings results on Friday, April 25th. The company reported $8.42 EPS for the quarter, missing analysts' consensus estimates of $8.70 by ($0.28). Charter Communications had a net margin of 9.42% and a return on equity of 27.70%. The firm had revenue of $13.74 billion during the quarter, compared to analysts' expectations of $13.67 billion. During the same quarter last year, the firm earned $7.55 EPS. The business's revenue for the quarter was up .4% compared to the same quarter last year. Sell-side analysts predict that Charter Communications, Inc. will post 38.16 earnings per share for the current year.

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.