Elser Financial Planning Inc Buys Shares of 1,023 Charter Communications, Inc. (NASDAQ:CHTR)

Elser Financial Planning Inc purchased a new stake in Charter Communications, Inc. (NASDAQ:CHTR) during the fourth quarter, according to its most recent 13F filing with the SEC. The firm purchased 1,023 shares of the company’s stock, valued at approximately $351,000.

Other institutional investors have also modified their holdings of the company. Lind Value II ApS bought a new stake in shares of Charter Communications in the 4th quarter valued at about $9,743,000. Oddo BHF Asset Management Sas acquired a new stake in Charter Communications in the 3rd quarter worth approximately $1,345,000. Worldquant Millennium Advisors LLC boosted its stake in Charter Communications by 193.8% in the 3rd quarter. Worldquant Millennium Advisors LLC now owns 40,092 shares of the company’s stock worth $12,993,000 after purchasing an additional 26,446 shares in the last quarter. Caprock Group LLC lifted its stake in Charter Communications by 39.7% during the 4th quarter. Caprock Group LLC now owns 3,517 shares of the company’s stock valued at $1,206,000 after acquiring an additional 999 shares during the period. Finally, Franklin Resources Inc. lifted its stake in Charter Communications by 4.9% during the 3rd quarter. Franklin Resources Inc. now owns 3,179,454 shares of the company’s stock valued at $1,052,868,000 after acquiring an additional 148,003 shares during the period. 81.76% of the stock is currently owned by institutional investors.

Charter Communications Trading Down 1.5 %

Shares of CHTR stock opened at $347.84 on Monday. Charter Communications, Inc. has a fifty-two week low of $236.08 and a fifty-two week high of $415.27. The stock has a market cap of $49.46 billion, a P/E ratio of 9.95, a P/E/G ratio of 0.43 and a beta of 1.11. The business has a fifty day simple moving average of $358.81 and a 200-day simple moving average of $353.82. The company has a quick ratio of 0.34, a current ratio of 0.31 and a debt-to-equity ratio of 4.73.

Charter Communications (NASDAQ:CHTR) last posted its quarterly earnings data on Friday, February 7th. The company reported $10.10 EPS for the quarter, topping 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 quarter in the previous year, the firm posted $7.07 earnings per share. On average, analysts forecast that Charter Communications, Inc. will post 38.16 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Charter Communications from $340.00 to $365.00 and gave the company a “hold” rating in a report on Monday, November 4th. Wells Fargo & Company upped their target price on shares of Charter Communications from $350.00 to $400.00 and gave the stock an “equal weight” rating in a report on Monday, November 4th. KeyCorp raised shares of Charter Communications from a “sector weight” rating to an “overweight” rating and set a $500.00 target price for the company in a report on Thursday, December 12th. 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, February 3rd. Finally, Pivotal Research boosted their price target on shares of Charter Communications from $435.00 to $525.00 and gave the company a “buy” rating 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 stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus 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.