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

Kathmere Capital Management LLC acquired a new stake in shares of Charter Communications, Inc. (NASDAQ:CHTR - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 844 shares of the company's stock, valued at approximately $289,000.

Other large investors have also modified their holdings of the company. First Eagle Investment Management LLC lifted its position in shares of Charter Communications by 172,425.2% in the 2nd quarter. First Eagle Investment Management LLC now owns 348,501 shares of the company's stock valued at $104,188,000 after acquiring an additional 348,299 shares in the last quarter. Assenagon Asset Management S.A. raised its stake in Charter Communications by 12,597.3% during the 3rd quarter. Assenagon Asset Management S.A. now owns 249,756 shares of the company's stock valued at $80,941,000 after purchasing an additional 247,789 shares during the period. FMR LLC lifted its holdings in shares of Charter Communications by 27.7% in the third 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 in the last quarter. Fernbridge Capital Management LP acquired a new stake in shares of Charter Communications in the third quarter worth $48,200,000. Finally, Franklin Resources Inc. grew its holdings in shares of Charter Communications by 4.9% during the third quarter. Franklin Resources Inc. now owns 3,179,454 shares of the company's stock valued at $1,052,868,000 after buying an additional 148,003 shares in the last quarter. 81.76% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts recently issued reports on CHTR shares. Barclays increased their price objective on Charter Communications from $300.00 to $315.00 and gave the stock an "underweight" rating in a research note on Monday, November 4th. JPMorgan Chase & Co. raised their price target on shares of Charter Communications from $385.00 to $400.00 and gave the stock a "neutral" rating in a report on Monday, November 4th. Benchmark upped their price objective on shares of Charter Communications from $440.00 to $450.00 and gave the company a "buy" rating in a research note on Tuesday, November 5th. Royal Bank of Canada cut their target price on shares of Charter Communications from $390.00 to $380.00 and set a "sector perform" rating for the company in a research report on Wednesday. Finally, Deutsche Bank Aktiengesellschaft boosted their price target on shares of Charter Communications from $340.00 to $365.00 and gave the company a "hold" rating in a report on Monday, November 4th. Four investment analysts have rated the stock with a sell rating, ten have given a hold rating and six have issued a buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $383.89.

Charter Communications Stock Performance

Shares of Charter Communications stock traded up $4.69 on Friday, reaching $351.37. The stock had a trading volume of 1,206,935 shares, compared to its average volume of 1,063,285. The company has a debt-to-equity ratio of 5.24, a quick ratio of 0.34 and a current ratio of 0.34. The business's 50-day moving average price is $371.18 and its two-hundred day moving average price is $348.72. The stock has a market cap of $49.96 billion, a P/E ratio of 11.00, a price-to-earnings-growth ratio of 0.48 and a beta of 1.10. Charter Communications, Inc. has a fifty-two week low of $236.08 and a fifty-two week high of $415.27.

Charter Communications (NASDAQ:CHTR - Get Free Report) last released its earnings results on Friday, November 1st. The company reported $8.82 earnings per share for the quarter, topping analysts' consensus estimates of $8.55 by $0.27. The firm had revenue of $13.80 billion during the quarter, compared to analyst estimates of $13.66 billion. Charter Communications had a net margin of 8.52% and a return on equity of 28.73%. The business's revenue was up 1.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $8.25 EPS. On average, sell-side analysts forecast that Charter Communications, Inc. will post 34.46 EPS for the current year.

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.