Charter Communications, Inc. (NASDAQ:CHTR) Shares Sold by Blair William & Co. IL

Blair William & Co. IL decreased its position in shares of Charter Communications, Inc. (NASDAQ:CHTR - Free Report) by 58.8% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 780 shares of the company's stock after selling 1,111 shares during the period. Blair William & Co. IL's holdings in Charter Communications were worth $267,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the company. Avior Wealth Management LLC increased its position in shares of Charter Communications by 104.7% in the fourth quarter. Avior Wealth Management LLC now owns 88 shares of the company's stock worth $30,000 after acquiring an additional 45 shares in the last quarter. Sierra Ocean LLC acquired a new stake in shares of Charter Communications in the fourth quarter worth $32,000. Generali Asset Management SPA SGR acquired a new stake in shares of Charter Communications in the fourth quarter worth $36,000. Wingate Wealth Advisors Inc. acquired a new stake in Charter Communications during the 4th quarter valued at $45,000. Finally, Union Bancaire Privee UBP SA acquired a new stake in Charter Communications during the 4th quarter valued at $55,000. Hedge funds and other institutional investors own 81.76% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on CHTR shares. StockNews.com lowered shares of Charter Communications from a "buy" rating to a "hold" rating in a report on Friday, April 4th. Benchmark reaffirmed a "buy" rating and set a $450.00 price target 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 objective for the company. Barclays raised their price objective on shares of Charter Communications from $315.00 to $320.00 and gave the stock an "underweight" rating in a report on Monday, February 3rd. Finally, BNP Paribas reissued an "underperform" rating and set a $290.00 price objective on shares of Charter Communications in a report on Thursday. Five investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat.com, Charter Communications presently has an average rating of "Hold" and a consensus price target of $389.06.

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Charter Communications Stock Performance

Shares of NASDAQ CHTR traded down $12.12 during midday trading on Thursday, hitting $334.86. The company's stock had a trading volume of 194,578 shares, compared to its average volume of 1,255,580. Charter Communications, Inc. has a 1-year low of $236.08 and a 1-year high of $415.27. The firm's fifty day moving average price is $358.48 and its 200-day moving average price is $357.48. 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 firm has a market cap of $47.53 billion, a P/E ratio of 9.58, a P/E/G ratio of 0.44 and a beta of 1.13.

Charter Communications (NASDAQ:CHTR - Get Free Report) last posted its earnings results on Friday, February 7th. The company reported $10.10 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 last year, the business posted $7.07 earnings per share. On average, sell-side analysts forecast that Charter Communications, Inc. will post 38.16 EPS for the current fiscal 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.