Charter Communications, Inc. (NASDAQ:CHTR) Shares Sold by TIAA Trust National Association

TIAA Trust National Association decreased its holdings in shares of Charter Communications, Inc. (NASDAQ:CHTR) by 6.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,123 shares of the company’s stock after selling 76 shares during the quarter. TIAA Trust National Association’s holdings in Charter Communications were worth $385,000 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 the business. Lind Value II ApS acquired a new position in shares of Charter Communications during the fourth quarter worth about $9,743,000. Oddo BHF Asset Management Sas acquired a new position in Charter Communications during the 3rd quarter worth approximately $1,345,000. Worldquant Millennium Advisors LLC boosted its holdings in Charter Communications by 193.8% in the 3rd quarter. Worldquant Millennium Advisors LLC now owns 40,092 shares of the company’s stock worth $12,993,000 after acquiring an additional 26,446 shares during the period. Caprock Group LLC grew its position in Charter Communications by 39.7% in the fourth quarter. Caprock Group LLC now owns 3,517 shares of the company’s stock valued at $1,206,000 after acquiring an additional 999 shares in the last quarter. Finally, Franklin Resources Inc. raised its stake in shares of Charter Communications by 4.9% during the third quarter. Franklin Resources Inc. now owns 3,179,454 shares of the company’s stock valued at $1,052,868,000 after purchasing an additional 148,003 shares during the period. 81.76% of the stock is owned by hedge funds and other institutional investors.

Charter Communications Price Performance

Shares of NASDAQ:CHTR opened at $369.02 on Friday. The company has a market cap of $52.47 billion, a PE ratio of 10.56, a P/E/G ratio of 0.44 and a beta of 1.13. Charter Communications, Inc. has a fifty-two week low of $236.08 and a fifty-two week high of $415.27. The firm has a 50-day simple moving average of $359.70 and a 200 day simple moving average of $356.44. 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) last posted its earnings results on Friday, February 7th. The company reported $10.10 EPS for the quarter, beating the consensus estimate of $9.14 by $0.96. Charter Communications had a return on equity of 29.01% and a net margin of 9.23%. During the same quarter last year, the firm earned $7.07 earnings per share. On average, sell-side analysts anticipate that Charter Communications, Inc. will post 38.16 EPS for the current year.

Analyst Upgrades and Downgrades

CHTR has been the subject of a number of recent analyst reports. Royal Bank of Canada raised their price target on shares of Charter Communications from $380.00 to $385.00 and gave the company a “sector perform” rating in a report on Monday, February 3rd. KeyCorp upgraded Charter Communications from a “sector weight” rating to an “overweight” rating and set a $500.00 target price for the company in a research note on Thursday, December 12th. Benchmark reiterated a “buy” rating and issued a $450.00 price target on shares of Charter Communications in a research note on Friday, January 31st. StockNews.com lowered Charter Communications from a “buy” rating to a “hold” rating in a research note on Wednesday. Finally, Barclays upped their target price on Charter Communications from $315.00 to $320.00 and gave the company an “underweight” rating in a research report on Monday, February 3rd. Four investment analysts have rated the stock with a sell rating, nine have given a hold rating and six have issued a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $393.18.

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.