Atlas Capital Advisors Inc. Boosts Holdings in Charter Communications, Inc. (NASDAQ:CHTR)

Atlas Capital Advisors Inc. grew its stake in shares of Charter Communications, Inc. (NASDAQ:CHTR - Free Report) by 1,961.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,443 shares of the company's stock after buying an additional 1,373 shares during the quarter. Atlas Capital Advisors Inc.'s holdings in Charter Communications were worth $495,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of CHTR. Avior Wealth Management LLC boosted its stake in Charter Communications by 104.7% in the 4th quarter. Avior Wealth Management LLC now owns 88 shares of the company's stock worth $30,000 after purchasing an additional 45 shares in the last quarter. Sierra Ocean LLC purchased a new stake in shares of Charter Communications during the fourth quarter valued at approximately $32,000. Generali Asset Management SPA SGR bought a new stake in shares of Charter Communications during the fourth quarter valued at approximately $36,000. Brown Brothers Harriman & Co. lifted its position in Charter Communications by 37.7% in the 4th quarter. Brown Brothers Harriman & Co. now owns 106 shares of the company's stock valued at $36,000 after acquiring an additional 29 shares in the last quarter. Finally, Wingate Wealth Advisors Inc. purchased a new stake in Charter Communications during the 4th quarter valued at $45,000. Institutional investors own 81.76% of the company's stock.

Charter Communications Trading Down 5.0 %

Shares of CHTR stock traded down $17.27 during trading hours on Thursday, reaching $329.71. 512,950 shares of the stock were exchanged, compared to its average volume of 1,240,818. The firm has a market capitalization of $46.80 billion, a price-to-earnings ratio of 9.45, a price-to-earnings-growth ratio of 0.44 and a beta of 1.13. Charter Communications, Inc. has a 12-month low of $236.08 and a 12-month high of $415.27. The company's 50-day moving average price is $358.48 and its 200-day moving average price is $357.48. The company has a current ratio of 0.31, a quick ratio of 0.31 and a debt-to-equity ratio of 4.73.

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Charter Communications (NASDAQ:CHTR - Get Free Report) 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 net margin of 9.23% and a return on equity of 29.01%. During the same period last year, the company posted $7.07 earnings per share. As a group, equities analysts anticipate that Charter Communications, Inc. will post 38.16 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on CHTR shares. Citigroup assumed coverage on shares of Charter Communications in a report on Friday, March 14th. They issued a "buy" rating and a $425.00 target price on the stock. Benchmark reiterated a "buy" rating and set a $450.00 price objective on shares of Charter Communications in a research report on Friday, January 31st. StockNews.com downgraded Charter Communications from a "buy" rating to a "hold" rating in a research note on Friday, April 4th. BNP Paribas reiterated an "underperform" rating and issued a $290.00 price objective on shares of Charter Communications in a research note on Thursday. Finally, Barclays boosted their target price on shares of Charter Communications from $315.00 to $320.00 and gave the company an "underweight" rating in a research report on Monday, February 3rd. Five analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have given a buy rating to the company's stock. According to data from MarketBeat.com, Charter Communications has a consensus rating of "Hold" and an average price target of $389.06.

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.