New York State Teachers Retirement System Sells 6,060 Shares of Charter Communications, Inc. (NASDAQ:CHTR)

New York State Teachers Retirement System trimmed its position in shares of Charter Communications, Inc. (NASDAQ:CHTR - Free Report) by 6.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 84,848 shares of the company's stock after selling 6,060 shares during the period. New York State Teachers Retirement System owned 0.06% of Charter Communications worth $29,083,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Reston Wealth Management LLC bought a new position in shares of Charter Communications in the third quarter worth $26,000. Ashton Thomas Securities LLC bought a new position in shares of Charter Communications in the third quarter worth $28,000. Avior Wealth Management LLC boosted its holdings in shares of Charter Communications by 104.7% in 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. Wingate Wealth Advisors Inc. bought a new position in shares of Charter Communications in the fourth quarter worth $45,000. Finally, Capital Advisors Ltd. LLC boosted its holdings in shares of Charter Communications by 28.7% in the third quarter. Capital Advisors Ltd. LLC now owns 157 shares of the company's stock worth $51,000 after acquiring an additional 35 shares during the period. 81.76% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the company. Benchmark reaffirmed a "buy" rating and issued a $450.00 price target on shares of Charter Communications in a report on Friday, January 31st. BNP Paribas upgraded Charter Communications from an "underperform" rating to a "neutral" rating and set a $360.00 price objective on the stock in a research report on Tuesday, November 26th. JPMorgan Chase & Co. increased their price objective on Charter Communications from $385.00 to $400.00 and gave the stock a "neutral" rating in a research report on Monday, November 4th. Wells Fargo & Company increased their price objective on Charter Communications from $350.00 to $400.00 and gave the stock an "equal weight" rating in a research report on Monday, November 4th. Finally, Royal Bank of Canada increased their price objective on Charter Communications from $380.00 to $385.00 and gave the stock a "sector perform" rating in a research report on Monday, February 3rd. Four investment analysts have rated the stock with a sell rating, ten have given a hold rating and six have assigned a buy rating to the company's stock. According to data from MarketBeat.com, Charter Communications presently has a consensus rating of "Hold" and a consensus target price of $384.42.

Charter Communications Trading Down 0.0 %

Shares of CHTR traded down $0.16 during trading hours on Wednesday, hitting $361.58. The company had a trading volume of 1,040,752 shares, compared to its average volume of 1,139,096. The firm has a market cap of $51.42 billion, a P/E ratio of 10.34, a P/E/G ratio of 0.44 and a beta of 1.11. The stock's 50 day moving average price is $353.75 and its 200 day moving average price is $353.54. The company has a quick ratio of 0.31, a current ratio of 0.31 and a debt-to-equity ratio of 4.73. Charter Communications, Inc. has a 52-week low of $236.08 and a 52-week high of $415.27.

Charter Communications (NASDAQ:CHTR - Get Free Report) last released its quarterly earnings data on Friday, February 7th. The company reported $10.10 EPS for the quarter, topping 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 period in the prior year, the company earned $7.07 EPS. On average, research analysts predict that Charter Communications, Inc. will post 38.16 EPS for the current year.

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.