Charter Communications, Inc. (NASDAQ:CHTR) Shares Sold by Blue Trust Inc.

Blue Trust Inc. lowered its holdings in Charter Communications, Inc. (NASDAQ:CHTR) by 1.6% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 9,910 shares of the company’s stock after selling 158 shares during the quarter. Blue Trust Inc.’s holdings in Charter Communications were worth $3,397,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Chemistry Wealth Management LLC lifted its holdings in Charter Communications by 4.8% in the fourth quarter. Chemistry Wealth Management LLC now owns 660 shares of the company’s stock valued at $226,000 after acquiring an additional 30 shares during the period. US Bancorp DE lifted its holdings in Charter Communications by 0.4% in the third quarter. US Bancorp DE now owns 7,370 shares of the company’s stock valued at $2,388,000 after acquiring an additional 31 shares during the period. Capital Advisors Ltd. LLC raised its stake in shares of Charter Communications by 28.7% during the 3rd quarter. Capital Advisors Ltd. LLC now owns 157 shares of the company’s stock worth $51,000 after buying an additional 35 shares during the last quarter. Brooklyn Investment Group raised its stake in shares of Charter Communications by 5.8% during the 4th quarter. Brooklyn Investment Group now owns 671 shares of the company’s stock worth $230,000 after buying an additional 37 shares during the last quarter. Finally, Avior Wealth Management LLC raised its stake in shares of Charter Communications by 104.7% during the 4th quarter. Avior Wealth Management LLC now owns 88 shares of the company’s stock worth $30,000 after buying an additional 45 shares during the last quarter. Institutional investors and hedge funds own 81.76% of the company’s stock.

Analysts Set New Price Targets

CHTR has been the subject of several research reports. Morgan Stanley lifted their price target on Charter Communications from $360.00 to $415.00 and gave the stock an “equal weight” rating in a research note on Monday, November 4th. 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. BNP Paribas raised Charter Communications from an “underperform” rating to a “neutral” rating and set a $360.00 price target for the company in a research note on Tuesday, November 26th. KeyCorp raised Charter Communications from a “sector weight” rating to an “overweight” rating and set a $500.00 price target for the company in a research note on Thursday, December 12th. Finally, Pivotal Research lifted their price objective on Charter Communications from $435.00 to $525.00 and gave the stock a “buy” rating in a research report on Monday, November 4th. Four investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat, Charter Communications currently has a consensus rating of “Hold” and a consensus price target of $384.42.

Charter Communications Stock Down 0.1 %

CHTR opened at $360.27 on Friday. The company has a debt-to-equity ratio of 4.73, a current ratio of 0.31 and a quick ratio of 0.34. The stock has a market capitalization of $51.23 billion, a price-to-earnings ratio of 10.31, a price-to-earnings-growth ratio of 0.43 and a beta of 1.11. The business has a 50-day moving average of $355.05 and a two-hundred day moving average of $354.24. Charter Communications, Inc. has a 12 month low of $236.08 and a 12 month high of $415.27.

Charter Communications (NASDAQ:CHTR) last posted its quarterly 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 period in the previous year, the business posted $7.07 earnings per share. On average, research analysts expect that Charter Communications, Inc. will post 38.16 earnings per share for the current year.

About Charter Communications

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.