Nissay Asset Management Corp Japan ADV Raises Stock Holdings in Charter Communications, Inc. (NASDAQ:CHTR)

Nissay Asset Management Corp Japan ADV boosted its holdings in Charter Communications, Inc. (NASDAQ:CHTR - Free Report) by 6.5% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 26,076 shares of the company's stock after purchasing an additional 1,596 shares during the period. Nissay Asset Management Corp Japan ADV's holdings in Charter Communications were worth $9,091,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of CHTR. Wealth Enhancement Advisory Services LLC boosted its holdings in Charter Communications by 1.7% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 3,305 shares of the company's stock valued at $1,071,000 after purchasing an additional 55 shares during the last quarter. Czech National Bank boosted its holdings in Charter Communications by 6.0% in the fourth quarter. Czech National Bank now owns 20,966 shares of the company's stock valued at $7,187,000 after purchasing an additional 1,194 shares during the last quarter. Cooper Financial Group boosted its holdings in Charter Communications by 11.9% in the fourth quarter. Cooper Financial Group now owns 1,125 shares of the company's stock valued at $386,000 after purchasing an additional 120 shares during the last quarter. Rosenberg Matthew Hamilton raised its stake in Charter Communications by 331.3% during the fourth quarter. Rosenberg Matthew Hamilton now owns 276 shares of the company's stock valued at $95,000 after buying an additional 212 shares in the last quarter. Finally, Lind Value II ApS acquired a new stake in Charter Communications during the fourth quarter valued at approximately $9,743,000. Hedge funds and other institutional investors own 81.76% of the company's stock.

Charter Communications Stock Up 0.7%

CHTR opened at $413.86 on Thursday. Charter Communications, Inc. has a 12 month low of $266.06 and a 12 month high of $415.27. The company has a debt-to-equity ratio of 4.73, a current ratio of 0.31 and a quick ratio of 0.31. The stock has a market cap of $58.09 billion, a P/E ratio of 11.84, a P/E/G ratio of 0.44 and a beta of 1.11. The stock's 50 day moving average price is $363.19 and its 200 day moving average price is $364.51.

Charter Communications (NASDAQ:CHTR - Get Free Report) last posted its earnings results 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 9.23% and a return on equity of 29.01%. The business had revenue of $13.74 billion during the quarter, compared to analyst estimates of $13.67 billion. During the same quarter in the prior year, the business earned $7.55 earnings per share. The firm's revenue was up .4% compared to the same quarter last year. As a group, research analysts predict that Charter Communications, Inc. will post 38.16 earnings per share for the current year.

Wall Street Analyst Weigh In

Several analysts have issued reports on the company. Royal Bank of Canada upped their price objective on Charter Communications from $385.00 to $395.00 and gave the company a "sector perform" rating in a research note on Monday, April 28th. Citigroup upped their price objective on Charter Communications from $425.00 to $445.00 and gave the company a "buy" rating in a research note on Monday, April 28th. Barclays upped their price objective on Charter Communications from $315.00 to $320.00 and gave the company an "underweight" rating in a research note on Monday, February 3rd. BNP Paribas restated an "underperform" rating and set a $290.00 price objective on shares of Charter Communications in a research note on Thursday, April 10th. Finally, Loop Capital upped their price objective on Charter Communications from $385.00 to $430.00 and gave the company a "hold" rating in a research note on Monday, April 28th. Five investment analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat, Charter Communications presently has an average 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.

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