Charter Communications, Inc. (NASDAQ:CHTR) is Rothschild & Co Wealth Management UK Ltd's 10th Largest Position

Rothschild & Co Wealth Management UK Ltd lowered its position in Charter Communications, Inc. (NASDAQ:CHTR - Free Report) by 0.6% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 543,872 shares of the company's stock after selling 3,191 shares during the period. Charter Communications accounts for approximately 3.3% of Rothschild & Co Wealth Management UK Ltd's portfolio, making the stock its 10th largest position. Rothschild & Co Wealth Management UK Ltd owned 0.38% of Charter Communications worth $186,423,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. 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 worth $80,941,000 after buying an additional 247,789 shares during the period. FMR LLC raised its holdings in Charter Communications by 27.7% during the third quarter. FMR LLC now owns 1,064,948 shares of the company's stock worth $345,128,000 after buying an additional 230,817 shares during the last quarter. Fernbridge Capital Management LP bought a new position in shares of Charter Communications in the third quarter valued at $48,200,000. 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 during the last quarter. Finally, International Assets Investment Management LLC bought a new stake in shares of Charter Communications during the third quarter worth about $244,720,000. 81.76% of the stock is owned by institutional investors.

Charter Communications Price Performance

NASDAQ CHTR traded up $7.16 during trading hours on Thursday, hitting $359.96. The company had a trading volume of 1,225,604 shares, compared to its average volume of 1,063,786. 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 firm has a market capitalization of $51.19 billion, a price-to-earnings ratio of 11.27, a PEG ratio of 0.51 and a beta of 1.10. Charter Communications, Inc. has a 52 week low of $236.08 and a 52 week high of $415.27. The firm has a 50 day simple moving average of $367.54 and a 200 day simple moving average of $350.47.

Charter Communications (NASDAQ:CHTR - Get Free Report) last issued its quarterly earnings data on Friday, November 1st. The company reported $8.82 EPS for the quarter, beating the consensus estimate of $8.55 by $0.27. Charter Communications had a net margin of 8.52% and a return on equity of 28.73%. The company had revenue of $13.80 billion during the quarter, compared to analysts' expectations of $13.66 billion. During the same quarter in the previous year, the company earned $8.25 earnings per share. Charter Communications's revenue for the quarter was up 1.6% on a year-over-year basis. Equities research analysts expect that Charter Communications, Inc. will post 34.62 earnings per share for the current year.

Analysts Set New Price Targets

A number of analysts have commented on the company. BNP Paribas raised Charter Communications from an "underperform" rating to a "neutral" rating and set a $360.00 price objective for the company in a report on Tuesday, November 26th. Wolfe Research lowered Charter Communications from a "peer perform" rating to an "underperform" rating and set a $300.00 price target for the company. in a research report on Monday, September 30th. Morgan Stanley lifted their price objective on shares of Charter Communications from $360.00 to $415.00 and gave the stock an "equal weight" rating in a report on Monday, November 4th. Pivotal Research upped their price objective on shares of Charter Communications from $435.00 to $525.00 and gave the stock a "buy" rating in a research report on Monday, November 4th. Finally, Bank of America raised shares of Charter Communications from a "neutral" rating to a "buy" rating and lifted their target price for the stock from $385.00 to $450.00 in a research report on Monday, November 4th. Four research analysts have rated the stock with a sell rating, ten have given a hold rating and six have given a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $383.89.

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.