Paragon Capital Management Inc. Takes Position in Charter Communications, Inc. (NASDAQ:CHTR)

Paragon Capital Management Inc. purchased a new stake in Charter Communications, Inc. (NASDAQ:CHTR - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,011 shares of the company's stock, valued at approximately $689,000.

Several other institutional investors have also recently added to or reduced their stakes in CHTR. Reston Wealth Management LLC bought a new stake in Charter Communications during the third quarter valued at $26,000. Ashton Thomas Securities LLC bought a new stake in Charter Communications during the third quarter valued at $28,000. Avior Wealth Management LLC increased its stake in Charter Communications by 104.7% during the fourth quarter. Avior Wealth Management LLC now owns 88 shares of the company's stock valued at $30,000 after purchasing an additional 45 shares during the last quarter. Grove Bank & Trust grew its position in shares of Charter Communications by 39.1% during the third quarter. Grove Bank & Trust now owns 121 shares of the company's stock worth $39,000 after acquiring an additional 34 shares during the last quarter. Finally, CVA Family Office LLC grew its position in shares of Charter Communications by 31.3% during the third quarter. CVA Family Office LLC now owns 147 shares of the company's stock worth $48,000 after acquiring an additional 35 shares during the last quarter. 81.76% of the stock is owned by institutional investors and hedge funds.

Charter Communications Price Performance

NASDAQ CHTR traded down $5.47 on Friday, reaching $347.84. The company's stock had a trading volume of 480,855 shares, compared to its average volume of 1,270,221. Charter Communications, Inc. has a twelve month low of $236.08 and a twelve month high of $415.27. The company has a debt-to-equity ratio of 4.73, a quick ratio of 0.34 and a current ratio of 0.31. The stock has a market cap of $49.46 billion, a PE ratio of 9.95, a PEG ratio of 0.43 and a beta of 1.11. The firm's 50 day moving average is $358.81 and its two-hundred day moving average is $353.59.

Charter Communications (NASDAQ:CHTR - Get Free Report) last posted its quarterly earnings data on Friday, February 7th. The company reported $10.10 EPS for the quarter, beating analysts' consensus estimates of $9.14 by $0.96. Charter Communications had a net margin of 9.23% and a return on equity of 29.01%. During the same quarter last year, the firm earned $7.07 earnings per share. As a group, sell-side analysts predict that Charter Communications, Inc. will post 38.16 EPS for the current year.

Analysts Set New Price Targets

CHTR has been the subject of several recent research reports. Pivotal Research upped their price target on shares of Charter Communications from $435.00 to $525.00 and gave the stock a "buy" rating in a research report on Monday, November 4th. Bank of America upgraded shares of Charter Communications from a "neutral" rating to a "buy" rating and upped their price target for the stock from $385.00 to $450.00 in a research report on Monday, November 4th. Benchmark restated a "buy" rating and set a $450.00 price target on shares of Charter Communications in a research report on Friday, January 31st. Royal Bank of Canada upped their price target on shares of Charter Communications from $380.00 to $385.00 and gave the stock a "sector perform" rating in a research report on Monday, February 3rd. Finally, Barclays upped their price objective on shares of Charter Communications from $315.00 to $320.00 and gave the stock an "underweight" rating in a report on Monday, February 3rd. Four analysts have rated the stock with a sell rating, ten have given a hold rating and six have given a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $384.42.

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.