Yousif Capital Management LLC Grows Stock Position in Charter Communications, Inc. (NASDAQ:CHTR)

Yousif Capital Management LLC boosted its stake in shares of Charter Communications, Inc. (NASDAQ:CHTR) by 1.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 15,536 shares of the company’s stock after purchasing an additional 267 shares during the quarter. Yousif Capital Management LLC’s holdings in Charter Communications were worth $5,325,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Lind Value II ApS purchased a new stake in shares of Charter Communications during the fourth quarter worth approximately $9,743,000. Oddo BHF Asset Management Sas purchased a new stake in shares of Charter Communications in the 3rd quarter valued at approximately $1,345,000. Worldquant Millennium Advisors LLC raised its holdings 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 purchasing an additional 26,446 shares in the last quarter. Caprock Group LLC lifted its position in shares of Charter Communications by 39.7% during the 4th quarter. Caprock Group LLC now owns 3,517 shares of the company’s stock worth $1,206,000 after purchasing an additional 999 shares during the last quarter. Finally, Franklin Resources Inc. lifted its holdings 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 buying an additional 148,003 shares during the last quarter. Institutional investors and hedge funds own 81.76% of the company’s stock.

Charter Communications Stock Performance

NASDAQ CHTR opened at $353.31 on Friday. The business has a 50 day moving average price of $360.53 and a 200 day moving average price of $353.34. The company has a debt-to-equity ratio of 4.73, a current ratio of 0.31 and a quick ratio of 0.34. The company has a market capitalization of $50.24 billion, a P/E ratio of 10.11, a PEG ratio of 0.46 and a beta of 1.11. Charter Communications, Inc. has a 1-year low of $236.08 and a 1-year high of $415.27.

Charter Communications (NASDAQ:CHTR) last released its quarterly earnings results on Friday, February 7th. The company reported $10.10 earnings per share (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 quarter in the prior year, the firm posted $7.07 earnings per share. Sell-side analysts expect that Charter Communications, Inc. will post 36.73 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on CHTR shares. Benchmark restated a “buy” rating and set a $450.00 target price on shares of Charter Communications in a research note on Friday, January 31st. Morgan Stanley boosted their price objective on shares of Charter Communications from $360.00 to $415.00 and gave the stock an “equal weight” rating in a research report on Monday, November 4th. Wells Fargo & Company increased their target price on shares of Charter Communications from $350.00 to $400.00 and gave the company an “equal weight” rating in a research report on Monday, November 4th. Barclays boosted their price target on shares of Charter Communications from $315.00 to $320.00 and gave the company an “underweight” rating in a research report on Monday. Finally, Royal Bank of Canada raised their price objective on Charter Communications from $380.00 to $385.00 and gave the stock a “sector perform” rating in a report on Monday. Four investment analysts have rated the stock with a sell rating, ten have given a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $384.42.

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.