Charter Communications, Inc. (NASDAQ:CHTR) Position Raised by LRT Capital Management LLC

LRT Capital Management LLC increased its holdings in shares of Charter Communications, Inc. (NASDAQ:CHTR - Free Report) by 130.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 5,706 shares of the company's stock after purchasing an additional 3,234 shares during the period. Charter Communications accounts for about 1.5% of LRT Capital Management LLC's holdings, making the stock its 23rd biggest holding. LRT Capital Management LLC's holdings in Charter Communications were worth $1,956,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in CHTR. Principal Financial Group Inc. lifted its position in shares of Charter Communications by 2.3% during the third quarter. Principal Financial Group Inc. now owns 112,103 shares of the company's stock worth $36,330,000 after purchasing an additional 2,495 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in Charter Communications by 1.7% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 3,305 shares of the company's stock valued at $1,071,000 after buying an additional 55 shares during the last quarter. Czech National Bank grew its stake in shares of Charter Communications by 6.0% during the fourth quarter. Czech National Bank now owns 20,966 shares of the company's stock valued at $7,187,000 after acquiring an additional 1,194 shares in the last quarter. Fiduciary Alliance LLC purchased a new stake in shares of Charter Communications during the fourth quarter worth about $1,285,000. Finally, Cooper Financial Group lifted its stake in shares of Charter Communications by 11.9% in the fourth quarter. Cooper Financial Group now owns 1,125 shares of the company's stock worth $386,000 after acquiring an additional 120 shares in the last quarter. 81.76% of the stock is owned by hedge funds and other institutional investors.

Charter Communications Stock Performance

CHTR stock traded up $5.71 during mid-day trading on Thursday, reaching $419.57. The company had a trading volume of 1,281,904 shares, compared to its average volume of 1,246,051. Charter Communications, Inc. has a one year low of $266.06 and a one year high of $426.17. The stock has a market capitalization of $58.89 billion, a P/E ratio of 12.00, a P/E/G ratio of 0.44 and a beta of 1.11. The company has a quick ratio of 0.31, a current ratio of 0.31 and a debt-to-equity ratio of 4.73. The stock's 50-day simple moving average is $363.19 and its two-hundred day simple moving average is $364.51.

Charter Communications (NASDAQ:CHTR - Get Free Report) last posted its earnings results on Friday, April 25th. The company reported $8.42 earnings per share (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 net margin of 9.23% and a return on equity of 29.01%. The company's revenue for the quarter was up .4% on a year-over-year basis. During the same period in the previous year, the firm earned $7.55 earnings per share. Research analysts anticipate that Charter Communications, Inc. will post 38.16 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the company. Citigroup upped their target price on Charter Communications from $425.00 to $445.00 and gave the company a "buy" rating in a research report on Monday, April 28th. Wells Fargo & Company increased their price objective on shares of Charter Communications from $380.00 to $400.00 and gave the company an "equal weight" rating in a research note on Monday, April 28th. StockNews.com raised shares of Charter Communications from a "hold" rating to a "buy" rating in a research report on Thursday, May 1st. Benchmark restated a "buy" rating and issued a $450.00 target price on shares of Charter Communications in a research note on Friday, January 31st. Finally, Barclays lifted their price target on Charter Communications from $315.00 to $320.00 and gave the stock an "underweight" rating in a research note on Monday, February 3rd. Five research analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have issued a buy rating to the company's stock. According to MarketBeat.com, Charter Communications currently has a consensus rating of "Hold" and a consensus price target of $399.35.

Charter Communications 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.