Swiss National Bank Has $89.88 Million Position in Charter Communications, Inc. (NASDAQ:CHTR)

Swiss National Bank reduced its stake in shares of Charter Communications, Inc. (NASDAQ:CHTR - Free Report) by 5.6% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 262,216 shares of the company's stock after selling 15,600 shares during the period. Swiss National Bank owned approximately 0.18% of Charter Communications worth $89,880,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the stock. Lind Value II ApS bought a new stake in Charter Communications in the 4th quarter valued at $9,743,000. Oddo BHF Asset Management Sas acquired a new position in shares of Charter Communications during the third quarter worth about $1,345,000. Worldquant Millennium Advisors LLC grew its holdings in shares of Charter Communications by 193.8% during the third quarter. Worldquant Millennium Advisors LLC now owns 40,092 shares of the company's stock worth $12,993,000 after buying an additional 26,446 shares in the last quarter. Caprock Group LLC grew its holdings in shares of Charter Communications by 39.7% during the fourth quarter. Caprock Group LLC now owns 3,517 shares of the company's stock worth $1,206,000 after buying an additional 999 shares in the last quarter. Finally, Franklin Resources Inc. boosted its position in Charter Communications by 4.9% during the 3rd quarter. Franklin Resources Inc. now owns 3,179,454 shares of the company's stock worth $1,052,868,000 after acquiring an additional 148,003 shares during the last quarter. Institutional investors own 81.76% of the company's stock.

Analysts Set New Price Targets

CHTR has been the topic of several analyst reports. Citigroup assumed coverage on shares of Charter Communications in a research report on Friday, March 14th. They set a "buy" rating and a $425.00 price target on the stock. Royal Bank of Canada increased their price objective on Charter Communications from $380.00 to $385.00 and gave the company a "sector perform" rating in a report on Monday, February 3rd. StockNews.com upgraded shares of Charter Communications from a "hold" rating to a "buy" rating in a report on Tuesday. Barclays lifted their price objective on shares of Charter Communications from $315.00 to $320.00 and gave the company an "underweight" rating in a research report on Monday, February 3rd. Finally, Benchmark restated a "buy" rating and issued a $450.00 price target on shares of Charter Communications in a research note on Friday, January 31st. Four analysts have rated the stock with a sell rating, nine have given a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $389.39.

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Charter Communications Trading Down 0.4 %

Shares of Charter Communications stock traded down $1.43 during trading on Wednesday, hitting $353.02. The company's stock had a trading volume of 1,202,922 shares, compared to its average volume of 1,198,908. The stock has a market cap of $50.20 billion, a price-to-earnings ratio of 10.10, a price-to-earnings-growth ratio of 0.44 and a beta of 1.13. Charter Communications, Inc. has a 52 week low of $236.08 and a 52 week high of $415.27. The stock has a 50-day moving average price of $355.82 and a two-hundred day moving average price of $354.78. 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 (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. Equities research analysts anticipate that Charter Communications, Inc. will post 38.16 EPS for the current fiscal year.

About Charter Communications

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.