Corient Private Wealth LLC Has $3.93 Million Stock Holdings in Charter Communications, Inc. (NASDAQ:CHTR)

Corient Private Wealth LLC decreased its holdings in shares of Charter Communications, Inc. (NASDAQ:CHTR - Free Report) by 5.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 11,457 shares of the company's stock after selling 721 shares during the quarter. Corient Private Wealth LLC's holdings in Charter Communications were worth $3,927,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in CHTR. Franklin Resources Inc. boosted its holdings in shares of Charter Communications by 4.9% in the third quarter. Franklin Resources Inc. now owns 3,179,454 shares of the company's stock valued at $1,052,868,000 after acquiring an additional 148,003 shares during the period. Geode Capital Management LLC grew its position in Charter Communications by 0.6% during the 3rd quarter. Geode Capital Management LLC now owns 2,432,231 shares of the company's stock worth $785,744,000 after purchasing an additional 13,430 shares during the last quarter. FMR LLC grew its stake in shares of Charter Communications by 27.7% in the 3rd quarter. FMR LLC now owns 1,064,948 shares of the company's stock valued at $345,128,000 after purchasing an additional 230,817 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its stake in shares of Charter Communications by 2.8% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 847,921 shares of the company's stock worth $290,642,000 after acquiring an additional 23,225 shares during the period. Finally, First Pacific Advisors LP raised its stake in shares of Charter Communications by 0.6% during the 4th quarter. First Pacific Advisors LP now owns 614,122 shares of the company's stock worth $210,503,000 after buying an additional 3,490 shares in the last quarter. 81.76% of the stock is owned by institutional investors and hedge funds.

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Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the company. KeyCorp upgraded Charter Communications from a "sector weight" rating to an "overweight" rating and set a $500.00 price target for the company in a research report on Thursday, December 12th. BNP Paribas upgraded shares of Charter Communications from an "underperform" rating to a "neutral" rating and set a $360.00 price objective on the stock in a report on Tuesday, November 26th. Barclays boosted 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. Citigroup began coverage on Charter Communications in a research note on Friday, March 14th. They set a "buy" rating and a $425.00 price target for the company. Finally, Royal Bank of Canada increased their target price 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. Four research analysts have rated the stock with a sell rating, ten have assigned a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Hold" and an average target price of $389.39.

Charter Communications Stock Up 2.6 %

Shares of NASDAQ:CHTR traded up $9.76 on Wednesday, reaching $384.77. The company had a trading volume of 1,371,615 shares, compared to its average volume of 1,194,867. The stock has a market capitalization of $54.71 billion, a P/E ratio of 11.01, a P/E/G ratio of 0.44 and a beta of 1.13. 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, Inc. has a twelve month low of $236.08 and a twelve month high of $415.27. The stock has a 50-day moving average price of $357.91 and a 200 day moving average price of $355.75.

Charter Communications (NASDAQ:CHTR - Get Free Report) last posted its quarterly earnings data on Friday, February 7th. The company reported $10.10 earnings per share for the quarter, topping the consensus estimate 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 earned $7.07 earnings per share. On average, equities analysts expect that Charter Communications, Inc. will post 38.16 EPS for the current year.

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.