American Century Companies Inc. Buys 1,286 Shares of Charter Communications, Inc. (NASDAQ:CHTR)

American Century Companies Inc. increased its holdings in shares of Charter Communications, Inc. (NASDAQ:CHTR - Free Report) by 10.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 13,919 shares of the company's stock after buying an additional 1,286 shares during the period. American Century Companies Inc.'s holdings in Charter Communications were worth $4,771,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Public Sector Pension Investment Board grew its stake in shares of Charter Communications by 9.3% in the third quarter. Public Sector Pension Investment Board now owns 4,710 shares of the company's stock worth $1,526,000 after purchasing an additional 400 shares during the last quarter. Captrust Financial Advisors lifted its holdings in Charter Communications by 7.3% during the 3rd quarter. Captrust Financial Advisors now owns 1,240 shares of the company's stock worth $402,000 after buying an additional 84 shares during the period. HighTower Advisors LLC grew its position in shares of Charter Communications by 279.3% in the 3rd quarter. HighTower Advisors LLC now owns 24,109 shares of the company's stock valued at $7,809,000 after buying an additional 37,554 shares during the last quarter. IHT Wealth Management LLC acquired a new stake in shares of Charter Communications in the third quarter valued at about $348,000. Finally, Royal London Asset Management Ltd. raised its position in shares of Charter Communications by 1.3% during the third quarter. Royal London Asset Management Ltd. now owns 64,929 shares of the company's stock worth $21,042,000 after acquiring an additional 804 shares during the last quarter. 81.76% of the stock is owned by institutional investors.

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Charter Communications Stock Down 3.3 %

NASDAQ:CHTR traded down $11.51 on Thursday, hitting $335.47. The stock had a trading volume of 1,646,294 shares, compared to its average volume of 1,244,294. Charter Communications, Inc. has a 1 year low of $236.08 and a 1 year high of $415.27. The firm's fifty day simple moving average is $358.36 and its two-hundred day simple moving average is $357.57. The stock has a market cap of $47.62 billion, a P/E ratio of 9.60, a price-to-earnings-growth ratio of 0.44 and a beta of 1.13. The company has a debt-to-equity ratio of 4.73, a quick ratio of 0.31 and a current ratio of 0.31.

Charter Communications (NASDAQ:CHTR - Get Free Report) last issued its quarterly earnings results 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 return on equity of 29.01% and a net margin of 9.23%. During the same quarter in the prior year, the business earned $7.07 earnings per share. Analysts predict that Charter Communications, Inc. will post 38.16 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research firms have issued reports on CHTR. Barclays raised their price target 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. BNP Paribas reiterated an "underperform" rating and set a $290.00 price target on shares of Charter Communications in a report on Thursday. Citigroup initiated coverage on Charter Communications in a research note on Friday, March 14th. They issued a "buy" rating and a $425.00 price objective on the stock. Royal Bank of Canada boosted their price target on Charter Communications from $380.00 to $385.00 and gave the company a "sector perform" rating in a research note on Monday, February 3rd. Finally, Benchmark reiterated a "buy" rating and set a $450.00 target price on shares of Charter Communications in a research report on Friday, January 31st. Five equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have issued a buy rating to the company's stock. Based on data from MarketBeat, Charter Communications presently has a consensus rating of "Hold" and an average price target of $389.06.

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.