Greenland Capital Management LP Buys Shares of 2,728 Charter Communications, Inc. (NASDAQ:CHTR)

Greenland Capital Management LP purchased a new stake in Charter Communications, Inc. (NASDAQ:CHTR - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 2,728 shares of the company's stock, valued at approximately $935,000.

Several other institutional investors and hedge funds also recently modified their holdings of CHTR. Avior Wealth Management LLC lifted its holdings in Charter Communications by 104.7% in the 4th quarter. Avior Wealth Management LLC now owns 88 shares of the company's stock valued at $30,000 after acquiring an additional 45 shares during the last quarter. Sierra Ocean LLC bought a new stake in shares of Charter Communications in the 4th quarter worth approximately $32,000. Generali Asset Management SPA SGR acquired a new stake in Charter Communications during the fourth quarter valued at approximately $36,000. Brown Brothers Harriman & Co. grew its position in Charter Communications by 37.7% in 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 last quarter. Finally, Wingate Wealth Advisors Inc. bought a new position in shares of Charter Communications in the fourth quarter valued at $45,000. Institutional investors own 81.76% of the company's stock.

Charter Communications Stock Down 0.3 %

CHTR traded down $1.09 during trading on Friday, reaching $334.38. 1,288,356 shares of the stock traded hands, compared to its average volume of 1,245,631. The company has a debt-to-equity ratio of 4.73, a current ratio of 0.31 and a quick ratio of 0.31. Charter Communications, Inc. has a fifty-two week low of $236.08 and a fifty-two week high of $415.27. The stock's 50-day simple moving average is $358.24 and its two-hundred day simple moving average is $357.99. The stock has a market cap of $47.46 billion, a price-to-earnings ratio of 9.56, a price-to-earnings-growth ratio of 0.44 and a beta of 1.13.

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Charter Communications (NASDAQ:CHTR - Get Free Report) last announced its quarterly earnings results on Friday, February 7th. The company reported $10.10 earnings per share (EPS) for the quarter, beating the consensus estimate 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 quarter last year, the business posted $7.07 earnings per share. As a group, equities research analysts expect that Charter Communications, Inc. will post 38.16 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the company. Royal Bank of Canada lifted their target price on Charter Communications from $380.00 to $385.00 and gave the stock a "sector perform" rating in a report on Monday, February 3rd. Citigroup assumed coverage on Charter Communications in a research note on Friday, March 14th. They issued a "buy" rating and a $425.00 price target on the stock. Benchmark reaffirmed a "buy" rating and set a $450.00 price objective on shares of Charter Communications in a research note on Friday, January 31st. Barclays lifted their target price on shares of Charter Communications from $315.00 to $320.00 and gave the stock an "underweight" rating in a research report on Monday, February 3rd. Finally, BNP Paribas restated an "underperform" rating and issued a $290.00 price target on shares of Charter Communications in a research report on Thursday. Five research analysts have rated the stock with a sell rating, eight have given a hold rating and six have issued a buy rating to the company. According to MarketBeat, Charter Communications presently has a consensus rating of "Hold" and an average target price of $389.06.

Charter Communications Company 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.