Charter Communications, Inc. (NASDAQ:CHTR) Shares Purchased by Cryder Capital Partners LLP

Cryder Capital Partners LLP boosted its holdings in Charter Communications, Inc. (NASDAQ:CHTR - Free Report) by 8.0% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 533,036 shares of the company's stock after buying an additional 39,334 shares during the quarter. Charter Communications accounts for about 10.0% of Cryder Capital Partners LLP's investment portfolio, making the stock its 7th largest position. Cryder Capital Partners LLP owned approximately 0.37% of Charter Communications worth $172,746,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of CHTR. Savant Capital LLC grew its holdings in shares of Charter Communications by 1.7% during the second quarter. Savant Capital LLC now owns 1,859 shares of the company's stock valued at $556,000 after buying an additional 31 shares in the last quarter. US Bancorp DE lifted its position in Charter Communications by 0.4% in the 3rd quarter. US Bancorp DE now owns 7,370 shares of the company's stock worth $2,388,000 after buying an additional 31 shares in the last quarter. B. Riley Wealth Advisors Inc. boosted its position in Charter Communications by 3.1% during the second quarter. B. Riley Wealth Advisors Inc. now owns 1,051 shares of the company's stock valued at $314,000 after purchasing an additional 32 shares during the last quarter. Grove Bank & Trust raised its stake in shares of Charter Communications by 39.1% during the 3rd quarter. Grove Bank & Trust now owns 121 shares of the company's stock worth $39,000 after purchasing an additional 34 shares in the last quarter. Finally, CVA Family Office LLC grew its stake in shares of 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 in the last quarter. Institutional investors own 81.76% of the company's stock.

Charter Communications Price Performance

NASDAQ CHTR traded down $12.31 during trading hours on Thursday, reaching $393.91. 988,512 shares of the company's stock were exchanged, compared to its average volume of 1,391,213. The firm has a fifty day moving average of $340.07 and a 200-day moving average of $319.36. The company has a current ratio of 0.34, a quick ratio of 0.34 and a debt-to-equity ratio of 5.24. Charter Communications, Inc. has a one year low of $236.08 and a one year high of $421.16. The stock has a market cap of $56.01 billion, a PE ratio of 12.72, a price-to-earnings-growth ratio of 0.62 and a beta of 1.03.

Charter Communications (NASDAQ:CHTR - Get Free Report) last issued its quarterly earnings results on Friday, November 1st. The company reported $8.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $8.55 by $0.27. The business 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 firm's quarterly revenue was up 1.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $8.25 EPS. On average, equities research analysts predict that Charter Communications, Inc. will post 32.87 earnings per share for the current fiscal year.

Analyst Ratings Changes

CHTR has been the topic of several analyst reports. Morgan Stanley increased their target price on shares of Charter Communications from $360.00 to $415.00 and gave the stock an "equal weight" rating in a research report on Monday, November 4th. Benchmark boosted their price objective on Charter Communications from $440.00 to $450.00 and gave the stock a "buy" rating in a research report on Tuesday, November 5th. Wells Fargo & Company raised their target price on Charter Communications from $350.00 to $400.00 and gave the company an "equal weight" rating in a report on Monday, November 4th. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Charter Communications from $340.00 to $365.00 and gave the stock a "hold" rating in a research report on Monday, November 4th. Finally, Pivotal Research increased their price target on shares of Charter Communications from $435.00 to $525.00 and gave the company a "buy" rating in a report on Monday, November 4th. Four equities research analysts have rated the stock with a sell rating, nine have given a hold rating and five have given a buy rating to the company's stock. Based on data from MarketBeat, Charter Communications presently has a consensus rating of "Hold" and a consensus price target of $379.06.

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.