Schonfeld Strategic Advisors LLC Has $5.20 Million Stock Holdings in Charter Communications, Inc. (NASDAQ:CHTR)

Schonfeld Strategic Advisors LLC decreased its stake in shares of Charter Communications, Inc. (NASDAQ:CHTR - Free Report) by 72.9% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 15,161 shares of the company's stock after selling 40,872 shares during the period. Schonfeld Strategic Advisors LLC's holdings in Charter Communications were worth $5,197,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Franklin Resources Inc. raised its position in shares of Charter Communications by 4.9% in the 3rd quarter. Franklin Resources Inc. now owns 3,179,454 shares of the company's stock worth $1,052,868,000 after buying an additional 148,003 shares during the period. Norges Bank purchased a new position in shares of Charter Communications in the 4th quarter worth about $1,032,236,000. Geode Capital Management LLC lifted its stake in shares of Charter Communications by 1.9% in the 4th quarter. Geode Capital Management LLC now owns 2,477,276 shares of the company's stock valued at $847,087,000 after purchasing an additional 45,045 shares in the last quarter. Price T Rowe Associates Inc. MD increased its position in Charter Communications by 822.8% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 1,263,721 shares of the company's stock worth $433,167,000 after purchasing an additional 1,126,783 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership grew its stake in Charter Communications by 130.1% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,078,175 shares of the company's stock worth $369,566,000 after buying an additional 609,554 shares during the period. Hedge funds and other institutional investors own 81.76% of the company's stock.

Charter Communications Price Performance

NASDAQ:CHTR traded up $8.51 during trading hours on Tuesday, reaching $402.75. 1,144,879 shares of the company's stock were exchanged, compared to its average volume of 1,258,511. Charter Communications, Inc. has a 12 month low of $261.76 and a 12 month high of $415.27. The business's 50-day simple moving average is $358.44 and its two-hundred day simple moving average is $361.25. The company has a market capitalization of $56.53 billion, a P/E ratio of 11.52, a price-to-earnings-growth 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.

Charter Communications (NASDAQ:CHTR - Get Free Report) last released its quarterly earnings results on Friday, April 25th. The company reported $8.42 earnings per share for the quarter, missing analysts' consensus estimates of $8.70 by ($0.28). Charter Communications had a net margin of 9.23% and a return on equity of 29.01%. The company had revenue of $13.74 billion during the quarter, compared to analyst estimates of $13.67 billion. During the same quarter last year, the business earned $7.55 EPS. The company's revenue for the quarter was up .4% compared to the same quarter last year. Sell-side analysts expect that Charter Communications, Inc. will post 38.16 EPS for the current fiscal year.

Analyst Ratings Changes

A number of analysts have recently issued reports on CHTR shares. Barclays lifted their price objective on shares of Charter Communications from $315.00 to $320.00 and gave the company an "underweight" rating in a research note on Monday, February 3rd. Loop Capital increased their price objective on shares of Charter Communications from $385.00 to $430.00 and gave the company a "hold" rating in a research note on Monday, April 28th. BNP Paribas reissued an "underperform" rating and issued a $290.00 target price on shares of Charter Communications in a research report on Thursday, April 10th. Wells Fargo & Company increased their price target on shares of Charter Communications from $380.00 to $400.00 and gave the stock an "equal weight" rating in a research report on Monday, April 28th. Finally, Citigroup boosted their price objective on Charter Communications from $425.00 to $445.00 and gave the company a "buy" rating in a report on Monday, April 28th. Five analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat, the company 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.