Charter Communications, Inc. (NASDAQ:CHTR) is Voyager Global Management LP's 6th Largest Position

Voyager Global Management LP lowered its stake in Charter Communications, Inc. (NASDAQ:CHTR - Free Report) by 16.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 600,000 shares of the company's stock after selling 120,000 shares during the quarter. Charter Communications comprises approximately 8.2% of Voyager Global Management LP's investment portfolio, making the stock its 6th biggest holding. Voyager Global Management LP owned 0.42% of Charter Communications worth $205,662,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Lind Value II ApS bought a new stake in shares of Charter Communications in the fourth quarter valued at approximately $9,743,000. Oddo BHF Asset Management Sas bought a new stake in Charter Communications during the 3rd quarter valued at $1,345,000. Caprock Group LLC raised its holdings in shares of Charter Communications by 39.7% in the fourth quarter. Caprock Group LLC now owns 3,517 shares of the company's stock valued at $1,206,000 after purchasing an additional 999 shares during the last quarter. Franklin Resources Inc. increased its holdings in Charter Communications by 4.9% during the third quarter. Franklin Resources Inc. now owns 3,179,454 shares of the company's stock worth $1,052,868,000 after buying an additional 148,003 shares during the last quarter. Finally, Nisa Investment Advisors LLC boosted its position in Charter Communications by 17.4% during the fourth quarter. Nisa Investment Advisors LLC now owns 32,478 shares of the company's stock worth $11,132,000 after purchasing an additional 4,813 shares during the period. Institutional investors own 81.76% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on CHTR shares. Morgan Stanley upped their target price on shares of Charter Communications from $385.00 to $415.00 and gave the stock an "equal weight" rating in a research report on Monday. Barclays increased their target price on shares of Charter Communications from $315.00 to $320.00 and gave the company an "underweight" rating in a research report on Monday, February 3rd. Wells Fargo & Company boosted their price objective on shares of Charter Communications from $380.00 to $400.00 and gave the company an "equal weight" rating in a report on Monday. Loop Capital upped their price objective on Charter Communications from $385.00 to $430.00 and gave the stock a "hold" rating in a research report on Monday. Finally, StockNews.com upgraded Charter Communications from a "hold" rating to a "buy" rating in a report on Tuesday, April 22nd. Five investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $399.35.

Charter Communications Stock Up 2.5 %

Shares of CHTR traded up $9.46 on Tuesday, hitting $386.33. The company's stock had a trading volume of 1,538,079 shares, compared to its average volume of 1,253,048. The firm has a market capitalization of $54.84 billion, a price-to-earnings ratio of 11.05, a P/E/G ratio of 0.44 and a beta of 1.13. Charter Communications, Inc. has a fifty-two week low of $252.93 and a fifty-two week high of $415.27. The firm's fifty day moving average price is $355.67 and its 200-day moving average price is $359.20. The company has a quick ratio of 0.31, a current ratio of 0.31 and a debt-to-equity ratio of 4.73.

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