Dimensional Fund Advisors LP Has $308.80 Million Position in Charter Communications, Inc. (NASDAQ:CHTR)

Dimensional Fund Advisors LP boosted its position in Charter Communications, Inc. (NASDAQ:CHTR - Free Report) by 21.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 900,849 shares of the company's stock after purchasing an additional 161,547 shares during the quarter. Dimensional Fund Advisors LP owned about 0.63% of Charter Communications worth $308,795,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of CHTR. Lind Value II ApS purchased a new stake in Charter Communications in the 4th quarter worth approximately $9,743,000. Oddo BHF Asset Management Sas acquired a new position in Charter Communications in the third quarter valued at $1,345,000. Caprock Group LLC boosted its stake in Charter Communications by 39.7% in the 4th quarter. Caprock Group LLC now owns 3,517 shares of the company's stock worth $1,206,000 after buying an additional 999 shares during the last quarter. Franklin Resources Inc. grew its holdings in Charter Communications by 4.9% in the 3rd 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. Finally, Nisa Investment Advisors LLC increased its stake in shares of Charter Communications by 17.4% during the 4th quarter. Nisa Investment Advisors LLC now owns 32,478 shares of the company's stock valued at $11,132,000 after acquiring an additional 4,813 shares during the last quarter. 81.76% of the stock is owned by institutional investors and hedge funds.

Charter Communications Trading Up 11.4 %

Shares of CHTR stock traded up $38.32 on Friday, reaching $373.65. 2,701,463 shares of the stock were exchanged, compared to its average volume of 1,297,692. 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, Inc. has a one year low of $236.08 and a one year high of $415.27. The stock has a market cap of $53.04 billion, a PE ratio of 10.69, a P/E/G ratio of 0.44 and a beta of 1.13. The stock has a 50 day moving average price of $355.12 and a 200 day moving average price of $358.15.

Charter Communications (NASDAQ:CHTR - Get Free Report) last posted its quarterly earnings results on Friday, April 25th. The company reported $8.42 earnings per share (EPS) for the quarter, missing the consensus estimate of $8.70 by ($0.28). Charter Communications had a return on equity of 29.01% and a net margin of 9.23%. During the same period in the prior year, the business earned $7.55 earnings per share. Equities research analysts forecast that Charter Communications, Inc. will post 38.16 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on CHTR. BNP Paribas reissued an "underperform" rating and set a $290.00 price target on shares of Charter Communications in a research report on Thursday, April 10th. Citigroup initiated coverage on shares of Charter Communications in a research report on Friday, March 14th. They set a "buy" rating and a $425.00 price target on the stock. Royal Bank of Canada increased their price objective 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. Benchmark restated a "buy" rating and set a $450.00 target price on shares of Charter Communications in a report on Friday, January 31st. Finally, Barclays increased their price target on Charter Communications from $315.00 to $320.00 and gave the company an "underweight" rating in a report on Monday, February 3rd. Five equities research analysts have rated the stock with a sell rating, seven have given a hold rating and seven have assigned a buy rating to the company. According to MarketBeat.com, Charter Communications currently has a consensus rating of "Hold" and an average target price of $387.88.

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.