First Pacific Advisors LP Acquires 3,490 Shares of Charter Communications, Inc. (NASDAQ:CHTR)

First Pacific Advisors LP lifted its stake in shares of Charter Communications, Inc. (NASDAQ:CHTR - Free Report) by 0.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 614,122 shares of the company's stock after buying an additional 3,490 shares during the period. Charter Communications comprises about 3.0% of First Pacific Advisors LP's holdings, making the stock its 13th largest position. First Pacific Advisors LP owned approximately 0.43% of Charter Communications worth $210,503,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also bought and sold shares of the company. Ashton Thomas Securities LLC purchased a new stake in Charter Communications in the 3rd quarter valued at about $28,000. Avior Wealth Management LLC lifted its holdings 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 acquiring an additional 45 shares during the period. Sierra Ocean LLC bought a new position in Charter Communications in the 4th quarter valued at $32,000. Wingate Wealth Advisors Inc. bought a new position in Charter Communications during the fourth quarter valued at about $45,000. Finally, Union Bancaire Privee UBP SA bought a new stake in Charter Communications in the fourth quarter worth about $55,000. Institutional investors own 81.76% of the company's stock.

Charter Communications Price Performance

Charter Communications stock traded down $4.35 during mid-day trading on Thursday, hitting $345.40. 1,432,345 shares of the company traded hands, compared to its average volume of 1,195,578. The company has a debt-to-equity ratio of 4.73, a quick ratio of 0.31 and a current ratio of 0.31. Charter Communications, Inc. has a one year low of $236.08 and a one year high of $415.27. The stock has a market cap of $49.11 billion, a price-to-earnings ratio of 9.88, a price-to-earnings-growth ratio of 0.44 and a beta of 1.13. The stock has a fifty day moving average price of $355.81 and a 200-day moving average price of $354.86.

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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 (EPS) for the quarter, topping 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 in the prior year, the company posted $7.07 earnings per share. On average, equities analysts predict that Charter Communications, Inc. will post 38.16 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the stock. BNP Paribas upgraded shares of Charter Communications from an "underperform" rating to a "neutral" rating and set a $360.00 price target for the company in a research note on Tuesday, November 26th. Barclays upped their price target on Charter Communications from $315.00 to $320.00 and gave the company an "underweight" rating in a research report on Monday, February 3rd. KeyCorp raised shares of Charter Communications from a "sector weight" rating to an "overweight" rating and set a $500.00 price objective on the stock in a report on Thursday, December 12th. Royal Bank of Canada lifted 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 note on Monday, February 3rd. Finally, Benchmark restated a "buy" rating and set a $450.00 price target on shares of Charter Communications in a research note on Friday, January 31st. Four investment 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.com, the company presently has a consensus rating of "Hold" and a consensus target price of $384.42.

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.