Charter Communications, Inc. (NASDAQ:CHTR) Shares Sold by Mirabella Financial Services LLP

Mirabella Financial Services LLP lowered its holdings in shares of Charter Communications, Inc. (NASDAQ:CHTR - Free Report) by 95.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,897 shares of the company's stock after selling 42,327 shares during the period. Mirabella Financial Services LLP's holdings in Charter Communications were worth $650,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of CHTR. Norges Bank acquired a new stake in Charter Communications during the 4th quarter valued at $1,032,236,000. Arrowstreet Capital Limited Partnership boosted its stake in shares of Charter Communications by 130.1% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,078,175 shares of the company's stock valued at $369,566,000 after acquiring an additional 609,554 shares during the last quarter. LSV Asset Management increased its position in Charter Communications by 8,343.1% during the 4th quarter. LSV Asset Management now owns 177,305 shares of the company's stock worth $60,775,000 after purchasing an additional 175,205 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in Charter Communications by 21.9% in the 4th quarter. Dimensional Fund Advisors LP now owns 900,849 shares of the company's stock valued at $308,795,000 after purchasing an additional 161,547 shares during the last quarter. Finally, Franklin Resources Inc. lifted its holdings in Charter Communications by 4.9% in the 3rd quarter. Franklin Resources Inc. now owns 3,179,454 shares of the company's stock valued at $1,052,868,000 after purchasing an additional 148,003 shares in the last quarter. Hedge funds and other institutional investors own 81.76% of the company's stock.

Charter Communications Stock Down 0.6 %

CHTR traded down $2.18 during trading on Thursday, hitting $335.33. The company had a trading volume of 2,171,283 shares, compared to its average volume of 1,252,450. The company has a market cap of $47.60 billion, a PE ratio of 9.59, a P/E/G ratio of 0.44 and a beta of 1.13. 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 1-year low of $236.08 and a 1-year high of $415.27. The business has a 50-day moving average of $355.62 and a 200-day moving average of $358.08.

Charter Communications (NASDAQ:CHTR - Get Free Report) last posted its quarterly earnings results on Friday, February 7th. The company reported $10.10 EPS for the quarter, topping analysts' consensus estimates 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 period in the prior year, the business earned $7.07 earnings per share. As a group, analysts forecast that Charter Communications, Inc. will post 38.16 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on CHTR shares. Citigroup began coverage on Charter Communications in a research note on Friday, March 14th. They issued a "buy" rating and a $425.00 target price for the company. Wells Fargo & Company dropped their price objective on shares of Charter Communications from $400.00 to $380.00 and set an "equal weight" rating for the company in a research note on Monday, April 14th. StockNews.com upgraded shares of Charter Communications from a "hold" rating to a "buy" rating in a report on Tuesday. BNP Paribas reiterated an "underperform" rating and issued a $290.00 price target on shares of Charter Communications in a report on Thursday, April 10th. Finally, Barclays lifted their target price on Charter Communications from $315.00 to $320.00 and gave the company an "underweight" rating in a report on Monday, February 3rd. Five investment analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have issued a buy rating to the company's stock. According to MarketBeat.com, Charter Communications currently has a consensus rating of "Hold" and an average price target of $387.88.

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.