Charter Communications, Inc. (NASDAQ:CHTR) Shares Sold by YHB Investment Advisors Inc.

YHB Investment Advisors Inc. trimmed its holdings in shares of Charter Communications, Inc. (NASDAQ:CHTR - Free Report) by 29.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,900 shares of the company's stock after selling 780 shares during the period. YHB Investment Advisors Inc.'s holdings in Charter Communications were worth $700,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Brown Brothers Harriman & Co. raised its holdings in Charter Communications by 37.7% in the 4th quarter. Brown Brothers Harriman & Co. now owns 106 shares of the company's stock valued at $36,000 after buying an additional 29 shares during the last quarter. Jones Financial Companies Lllp grew its holdings in Charter Communications by 3.4% during the 4th quarter. Jones Financial Companies Lllp now owns 904 shares of the company's stock worth $310,000 after acquiring an additional 30 shares during the last quarter. Quadrant Capital Group LLC increased its position in Charter Communications by 4.2% in the 4th quarter. Quadrant Capital Group LLC now owns 740 shares of the company's stock valued at $254,000 after acquiring an additional 30 shares during the period. EverSource Wealth Advisors LLC lifted its holdings in shares of Charter Communications by 5.8% during the fourth quarter. EverSource Wealth Advisors LLC now owns 622 shares of the company's stock worth $213,000 after purchasing an additional 34 shares during the period. Finally, Keybank National Association OH grew its stake in shares of Charter Communications by 2.6% in the fourth quarter. Keybank National Association OH now owns 1,392 shares of the company's stock worth $477,000 after purchasing an additional 35 shares during the last quarter. 81.76% of the stock is owned by institutional investors.

Charter Communications Stock Performance

CHTR traded down $4.84 on Thursday, reaching $394.01. 940,467 shares of the stock were exchanged, compared to its average volume of 1,275,763. The company's 50-day moving average price is $390.07 and its 200 day moving average price is $367.76. 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 $55.30 billion, a PE ratio of 11.00, a PEG ratio of 0.44 and a beta of 1.07. Charter Communications, Inc. has a fifty-two week low of $286.66 and a fifty-two week high of $437.06.

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

Analyst Upgrades and Downgrades

Several research firms have issued reports on CHTR. Citigroup raised their price target on shares of Charter Communications from $425.00 to $445.00 and gave the stock a "buy" rating in a report on Monday, April 28th. Oppenheimer upgraded shares of Charter Communications from a "market perform" rating to an "outperform" rating and set a $500.00 target price on the stock in a report on Friday, May 16th. BNP Paribas reiterated an "underperform" rating and set a $290.00 price target on shares of Charter Communications in a report on Thursday, April 10th. Wolfe Research raised Charter Communications from an "underperform" rating to a "peer perform" rating in a research note on Friday, June 20th. Finally, Wall Street Zen raised Charter Communications from a "hold" rating to a "buy" rating in a research note on Thursday, May 1st. Three 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's stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $410.20.

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.