Charter Communications, Inc. (NASDAQ:CHTR) Shares Acquired by Worldquant Millennium Advisors LLC

Worldquant Millennium Advisors LLC lifted its position in Charter Communications, Inc. (NASDAQ:CHTR - Free Report) by 193.8% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 40,092 shares of the company's stock after acquiring an additional 26,446 shares during the quarter. Worldquant Millennium Advisors LLC's holdings in Charter Communications were worth $12,993,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the company. Savant Capital LLC increased its stake in Charter Communications by 1.7% in the second quarter. Savant Capital LLC now owns 1,859 shares of the company's stock worth $556,000 after purchasing an additional 31 shares during the period. US Bancorp DE grew its holdings in shares of Charter Communications by 0.4% in the third quarter. US Bancorp DE now owns 7,370 shares of the company's stock worth $2,388,000 after purchasing an additional 31 shares during the last quarter. B. Riley Wealth Advisors Inc. increased its stake in Charter Communications by 3.1% in the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 1,051 shares of the company's stock worth $314,000 after buying an additional 32 shares during the period. Grove Bank & Trust lifted its holdings in Charter Communications by 39.1% during the 3rd quarter. Grove Bank & Trust now owns 121 shares of the company's stock valued at $39,000 after buying an additional 34 shares in the last quarter. Finally, CVA Family Office LLC boosted its position in Charter Communications by 31.3% in the 3rd quarter. CVA Family Office LLC now owns 147 shares of the company's stock valued at $48,000 after buying an additional 35 shares during the period. 81.76% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several analysts have recently weighed in on the stock. Pivotal Research lifted their price target on shares of Charter Communications from $435.00 to $525.00 and gave the company a "buy" rating in a research note on Monday, November 4th. Citigroup raised Charter Communications from a "sell" rating to a "neutral" rating and set a $350.00 target price for the company in a research report on Wednesday, September 11th. Benchmark increased their price target on Charter Communications from $440.00 to $450.00 and gave the stock a "buy" rating in a research report on Tuesday, November 5th. Morgan Stanley lifted their price objective on Charter Communications from $360.00 to $415.00 and gave the company an "equal weight" rating in a report on Monday, November 4th. Finally, Royal Bank of Canada increased their target price on shares of Charter Communications from $345.00 to $390.00 and gave the stock a "sector perform" rating in a report on Monday, November 4th. Four analysts have rated the stock with a sell rating, ten have given a hold rating and five have given a buy rating to the company. According to MarketBeat, Charter Communications currently has a consensus rating of "Hold" and a consensus target price of $378.00.

Charter Communications Stock Down 0.3 %

NASDAQ:CHTR traded down $1.08 during mid-day trading on Friday, hitting $403.06. 825,662 shares of the company's stock traded hands, compared to its average volume of 1,162,804. The company has a fifty day moving average of $361.22 and a 200 day moving average of $333.96. The company has a debt-to-equity ratio of 5.24, a quick ratio of 0.34 and a current ratio of 0.34. Charter Communications, Inc. has a twelve month low of $236.08 and a twelve month high of $415.27. The company has a market capitalization of $57.32 billion, a P/E ratio of 12.62, a P/E/G ratio of 0.64 and a beta of 1.08.

Charter Communications (NASDAQ:CHTR - Get Free Report) last posted its quarterly earnings data on Friday, November 1st. The company reported $8.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $8.55 by $0.27. The firm had revenue of $13.80 billion for the quarter, compared to the consensus estimate of $13.66 billion. Charter Communications had a net margin of 8.52% and a return on equity of 28.73%. The company's revenue for the quarter was up 1.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $8.25 earnings per share. On average, analysts forecast that Charter Communications, Inc. will post 32.87 EPS for the current year.

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.