Charter Communications, Inc. (NASDAQ:CHTR) is Kize Capital LP's 2nd Largest Position

Kize Capital LP lifted its position in Charter Communications, Inc. (NASDAQ:CHTR - Free Report) by 8.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 53,334 shares of the company's stock after purchasing an additional 4,000 shares during the quarter. Charter Communications comprises 16.4% of Kize Capital LP's holdings, making the stock its 2nd largest position. Kize Capital LP's holdings in Charter Communications were worth $18,281,000 at the end of the most recent quarter.

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

Analyst Ratings Changes

Several research analysts recently weighed in on CHTR shares. BNP Paribas reiterated an "underperform" rating and set a $290.00 price target on shares of Charter Communications in a research report on Thursday, April 10th. Benchmark reaffirmed a "buy" rating and set a $450.00 target price on shares of Charter Communications in a report on Friday, January 31st. Citigroup initiated coverage on shares of Charter Communications in a report on Friday, March 14th. They set a "buy" rating and a $425.00 price target on the stock. Wells Fargo & Company cut their price objective on shares of Charter Communications from $400.00 to $380.00 and set an "equal weight" rating for the company in a report on Monday. Finally, Royal Bank of Canada increased their target price on shares of Charter Communications from $380.00 to $385.00 and gave the stock a "sector perform" rating in a research note on Monday, February 3rd. Five investment analysts have rated the stock with a sell rating, eight have given a hold rating and six have assigned a buy rating to the company. According to MarketBeat.com, Charter Communications presently has a consensus rating of "Hold" and an average price target of $387.88.

Charter Communications Price Performance

Shares of CHTR stock traded up $6.46 during trading hours on Friday, reaching $338.96. The company had a trading volume of 934,325 shares, compared to its average volume of 1,244,142. Charter Communications, Inc. has a 12-month low of $236.08 and a 12-month high of $415.27. The company has a market capitalization of $48.11 billion, a price-to-earnings ratio of 9.70, a PEG 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. The stock has a fifty day moving average of $357.55 and a 200-day moving average of $357.91.

Charter Communications (NASDAQ:CHTR - Get Free Report) last released its quarterly earnings data on Friday, February 7th. The company reported $10.10 earnings per share (EPS) for the quarter, topping 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 quarter in the previous year, the company earned $7.07 earnings per share. On average, equities analysts anticipate 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.