Russell Investments Group Ltd. Has $54.77 Million Stake in Charter Communications, Inc. (NASDAQ:CHTR)

Russell Investments Group Ltd. raised its holdings in Charter Communications, Inc. (NASDAQ:CHTR - Free Report) by 45.1% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 159,775 shares of the company's stock after purchasing an additional 49,647 shares during the period. Russell Investments Group Ltd. owned approximately 0.11% of Charter Communications worth $54,770,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in CHTR. Captrust Financial Advisors increased its position in shares of Charter Communications by 7.3% in the third quarter. Captrust Financial Advisors now owns 1,240 shares of the company's stock worth $402,000 after purchasing an additional 84 shares during the period. HighTower Advisors LLC grew its stake in Charter Communications by 279.3% during the third quarter. HighTower Advisors LLC now owns 24,109 shares of the company's stock worth $7,809,000 after buying an additional 37,554 shares in the last quarter. IHT Wealth Management LLC bought a new position in Charter Communications in the 3rd quarter valued at about $348,000. Quantinno Capital Management LP raised its position in shares of Charter Communications by 19.6% in the 3rd quarter. Quantinno Capital Management LP now owns 13,589 shares of the company's stock valued at $4,404,000 after buying an additional 2,230 shares in the last quarter. Finally, Worldquant Millennium Advisors LLC raised its position in shares of Charter Communications by 193.8% in the 3rd quarter. Worldquant Millennium Advisors LLC now owns 40,092 shares of the company's stock valued at $12,993,000 after buying an additional 26,446 shares in the last quarter. Institutional investors and hedge funds own 81.76% of the company's stock.

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Charter Communications Trading Down 0.3 %

Shares of CHTR stock traded down $1.09 during trading hours on Friday, hitting $334.38. 1,288,356 shares of the company's stock traded hands, compared to its average volume of 1,244,846. The stock has a market cap of $47.46 billion, a PE ratio of 9.56, a price-to-earnings-growth ratio of 0.44 and a beta of 1.13. The stock's 50 day simple moving average is $358.24 and its 200 day simple moving average is $357.71. 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 12 month low of $236.08 and a 12 month high of $415.27.

Charter Communications (NASDAQ:CHTR - Get Free Report) last released its quarterly earnings results on Friday, February 7th. The company reported $10.10 EPS for the quarter, beating 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 last year, the firm posted $7.07 EPS. On average, sell-side analysts anticipate that Charter Communications, Inc. will post 38.16 EPS for the current year.

Analyst Ratings Changes

A number of brokerages recently issued reports on CHTR. Citigroup started coverage on shares of Charter Communications in a research note on Friday, March 14th. They issued a "buy" rating and a $425.00 price objective on the stock. Royal Bank of Canada lifted their price target on Charter Communications from $380.00 to $385.00 and gave the company a "sector perform" rating in a research note on Monday, February 3rd. StockNews.com cut Charter Communications from a "buy" rating to a "hold" rating in a report on Saturday. Barclays raised their price objective on Charter Communications from $315.00 to $320.00 and gave the company an "underweight" rating in a research note on Monday, February 3rd. Finally, BNP Paribas reissued an "underperform" rating and set a $290.00 target price on shares of Charter Communications in a research note on Thursday. Five analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $389.06.

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.