Charter Communications, Inc. (NASDAQ:CHTR) Shares Sold by Baader Bank Aktiengesellschaft

Baader Bank Aktiengesellschaft decreased its holdings in Charter Communications, Inc. (NASDAQ:CHTR) by 1.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 11,720 shares of the company’s stock after selling 156 shares during the period. Baader Bank Aktiengesellschaft’s holdings in Charter Communications were worth $4,017,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of CHTR. Chemistry Wealth Management LLC increased its holdings in shares of Charter Communications by 4.8% in the fourth quarter. Chemistry Wealth Management LLC now owns 660 shares of the company’s stock valued at $226,000 after purchasing an additional 30 shares during the last quarter. US Bancorp DE grew its holdings in Charter Communications by 0.4% in the 3rd quarter. US Bancorp DE now owns 7,370 shares of the company’s stock valued at $2,388,000 after buying an additional 31 shares in the last quarter. B. Riley Wealth Advisors Inc. increased its stake in shares of Charter Communications by 3.1% in the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 1,051 shares of the company’s stock worth $314,000 after acquiring an additional 32 shares during the last quarter. Grove Bank & Trust raised its holdings in shares of Charter Communications by 39.1% during the 3rd quarter. Grove Bank & Trust now owns 121 shares of the company’s stock worth $39,000 after acquiring an additional 34 shares during the period. Finally, CVA Family Office LLC raised its holdings in shares of Charter Communications by 31.3% during the 3rd quarter. CVA Family Office LLC now owns 147 shares of the company’s stock worth $48,000 after acquiring an additional 35 shares during the period. 81.76% of the stock is owned by hedge funds and other institutional investors.

Charter Communications Trading Down 1.7 %

CHTR opened at $359.33 on Thursday. The business has a fifty day moving average price of $365.67 and a 200 day moving average price of $352.71. The company has a debt-to-equity ratio of 5.24, a current ratio of 0.34 and a quick ratio of 0.34. Charter Communications, Inc. has a 12 month low of $236.08 and a 12 month high of $415.27. The stock has a market capitalization of $51.10 billion, a price-to-earnings ratio of 11.25, a PEG ratio of 0.46 and a beta of 1.10.

Charter Communications (NASDAQ:CHTR) last announced its quarterly earnings data on Friday, November 1st. The company reported $8.82 EPS for the quarter, topping analysts’ consensus estimates of $8.55 by $0.27. Charter Communications had a return on equity of 28.73% and a net margin of 8.52%. The business had revenue of $13.80 billion during the quarter, compared to the consensus estimate of $13.66 billion. During the same period in the previous year, the company posted $8.25 earnings per share. The business’s revenue for the quarter was up 1.6% on a year-over-year basis. Sell-side analysts expect that Charter Communications, Inc. will post 34.62 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. Wells Fargo & Company raised their price objective on shares of Charter Communications from $350.00 to $400.00 and gave the stock an “equal weight” rating in a research report on Monday, November 4th. Benchmark raised their price target on shares of Charter Communications from $440.00 to $450.00 and gave the stock a “buy” rating in a report on Tuesday, November 5th. Bank of America upgraded Charter Communications from a “neutral” rating to a “buy” rating and upped their price objective for the company from $385.00 to $450.00 in a report on Monday, November 4th. JPMorgan Chase & Co. raised their target price on Charter Communications from $385.00 to $400.00 and gave the stock a “neutral” rating in a research note on Monday, November 4th. Finally, BNP Paribas upgraded Charter Communications from an “underperform” rating to a “neutral” rating and set a $360.00 target price on the stock in a research report on Tuesday, November 26th. Four research analysts have rated the stock with a sell rating, ten have issued a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat.com, Charter Communications has a consensus rating of “Hold” and an average price target of $383.89.

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.