Banco Bilbao Vizcaya Argentaria S.A. Sells 1,159 Shares of Charter Communications, Inc. (NASDAQ:CHTR)

Banco Bilbao Vizcaya Argentaria S.A. cut its stake in shares of Charter Communications, Inc. (NASDAQ:CHTR - Free Report) by 8.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 12,452 shares of the company's stock after selling 1,159 shares during the period. Banco Bilbao Vizcaya Argentaria S.A.'s holdings in Charter Communications were worth $4,268,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Franklin Resources Inc. boosted its stake in shares of Charter Communications by 4.9% in the third quarter. Franklin Resources Inc. now owns 3,179,454 shares of the company's stock valued at $1,052,868,000 after buying an additional 148,003 shares during the period. Norges Bank bought a new stake in Charter Communications during the fourth quarter worth about $1,032,236,000. Geode Capital Management LLC increased its holdings in Charter Communications by 1.9% in the 4th quarter. Geode Capital Management LLC now owns 2,477,276 shares of the company's stock valued at $847,087,000 after buying an additional 45,045 shares during the period. Price T Rowe Associates Inc. MD lifted its holdings in shares of Charter Communications by 822.8% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 1,263,721 shares of the company's stock worth $433,167,000 after acquiring an additional 1,126,783 shares during the period. Finally, Arrowstreet Capital Limited Partnership boosted its position in shares of Charter Communications by 130.1% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 1,078,175 shares of the company's stock worth $369,566,000 after acquiring an additional 609,554 shares in the last quarter. Institutional investors and hedge funds own 81.76% of the company's stock.

Charter Communications Trading Up 2.5 %

Shares of CHTR traded up $9.46 during trading hours on Tuesday, hitting $386.33. 1,543,443 shares of the stock were exchanged, compared to its average volume of 1,253,233. Charter Communications, Inc. has a fifty-two week low of $252.93 and a fifty-two week high of $415.27. The business has a 50-day moving average of $355.67 and a 200-day moving average of $359.20. The firm has a market capitalization of $54.84 billion, a P/E ratio of 11.05, 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 current ratio of 0.31 and a quick ratio of 0.31.

Charter Communications (NASDAQ:CHTR - Get Free Report) last issued its quarterly earnings results on Friday, April 25th. The company reported $8.42 earnings per share for the quarter, missing analysts' consensus estimates of $8.70 by ($0.28). Charter Communications had a return on equity of 29.01% and a net margin of 9.23%. The business had revenue of $13.74 billion for the quarter, compared to analyst estimates of $13.67 billion. During the same quarter in the previous year, the business posted $7.55 earnings per share. The business's revenue was up .4% on a year-over-year basis. On average, research analysts expect that Charter Communications, Inc. will post 38.16 EPS for the current year.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on CHTR shares. Barclays raised their target price on Charter Communications from $315.00 to $320.00 and gave the company an "underweight" rating in a report on Monday, February 3rd. Benchmark reaffirmed a "buy" rating and set a $450.00 price target on shares of Charter Communications in a report on Friday, January 31st. Wells Fargo & Company increased their price objective on shares of Charter Communications from $380.00 to $400.00 and gave the company an "equal weight" rating in a research note on Monday. BNP Paribas reaffirmed an "underperform" rating and set a $290.00 target price on shares of Charter Communications in a research note on Thursday, April 10th. Finally, StockNews.com upgraded shares of Charter Communications from a "hold" rating to a "buy" rating in a report on Tuesday, April 22nd. Five analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have issued a buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and an average price target of $399.35.

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.