Charter Communications, Inc. (NASDAQ:CHTR) Shares Bought by Geode Capital Management LLC

Geode Capital Management LLC grew its holdings in shares of Charter Communications, Inc. (NASDAQ:CHTR - Free Report) by 1.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,477,276 shares of the company's stock after purchasing an additional 45,045 shares during the quarter. Geode Capital Management LLC owned approximately 1.74% of Charter Communications worth $847,087,000 at the end of the most recent quarter.

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

Charter Communications Trading Down 0.9 %

Shares of NASDAQ:CHTR traded down $3.04 during trading on Monday, reaching $335.25. The stock had a trading volume of 570,013 shares, compared to its average volume of 1,228,327. The business has a fifty day moving average price of $360.56 and a 200-day moving average price of $357.75. The company has a quick ratio of 0.31, a current ratio of 0.31 and a debt-to-equity ratio of 4.73. The stock has a market cap of $47.59 billion, a P/E ratio of 9.52, a PEG ratio of 0.44 and a beta of 1.12. Charter Communications, Inc. has a fifty-two week low of $236.08 and a fifty-two week high of $415.27.

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Charter Communications (NASDAQ:CHTR - Get Free Report) last announced its quarterly earnings data on Friday, February 7th. The company reported $10.10 EPS for the quarter, beating analysts' consensus estimates of $9.14 by $0.96. 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 company earned $7.07 earnings per share. As a group, analysts anticipate that Charter Communications, Inc. will post 38.16 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the company. Royal Bank of Canada upped their price target on Charter Communications from $380.00 to $385.00 and gave the stock a "sector perform" rating in a research note on Monday, February 3rd. KeyCorp raised Charter Communications from a "sector weight" rating to an "overweight" rating and set a $500.00 target price on the stock in a research note on Thursday, December 12th. StockNews.com cut Charter Communications from a "buy" rating to a "hold" rating in a report on Friday. Benchmark reiterated a "buy" rating and set a $450.00 price target on shares of Charter Communications in a research note on Friday, January 31st. Finally, Barclays raised their price objective on shares of Charter Communications from $315.00 to $320.00 and gave the company an "underweight" rating in a research note on Monday, February 3rd. Four investment analysts have rated the stock with a sell rating, nine have issued a hold rating and six have given a buy rating to the company. According to data from MarketBeat, Charter Communications presently has a consensus rating of "Hold" and an average target price of $393.18.

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.