Gulf International Bank UK Ltd Has $2.34 Million Holdings in Charter Communications, Inc. (NASDAQ:CHTR)

Gulf International Bank UK Ltd increased its stake in shares of Charter Communications, Inc. (NASDAQ:CHTR) by 0.5% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,067 shares of the company’s stock after acquiring an additional 40 shares during the period. Gulf International Bank UK Ltd’s holdings in Charter Communications were worth $2,344,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Wetzel Investment Advisors Inc. acquired a new stake in shares of Charter Communications in the 4th quarter valued at about $25,000. Turtle Creek Wealth Advisors LLC acquired a new stake in Charter Communications in the 4th quarter valued at approximately $44,000. Cullen Frost Bankers Inc. lifted its stake in Charter Communications by 769.2% in the 4th quarter. Cullen Frost Bankers Inc. now owns 113 shares of the company’s stock valued at $44,000 after acquiring an additional 100 shares in the last quarter. Bourgeon Capital Management LLC boosted its position in Charter Communications by 219.5% during the 4th quarter. Bourgeon Capital Management LLC now owns 131 shares of the company’s stock worth $51,000 after acquiring an additional 90 shares during the last quarter. Finally, Johnson Financial Group Inc. grew its stake in shares of Charter Communications by 89.9% during the 4th quarter. Johnson Financial Group Inc. now owns 169 shares of the company’s stock worth $66,000 after acquiring an additional 80 shares in the last quarter. 81.76% of the stock is owned by institutional investors.

Charter Communications Stock Performance

CHTR opened at $290.35 on Friday. The company has a debt-to-equity ratio of 6.28, a current ratio of 0.40 and a quick ratio of 0.40. The company has a market capitalization of $41.82 billion, a PE ratio of 9.39, a price-to-earnings-growth ratio of 1.14 and a beta of 1.04. The business has a fifty day simple moving average of $271.42 and a 200 day simple moving average of $308.19. Charter Communications, Inc. has a 1 year low of $236.08 and a 1 year high of $458.30.

Charter Communications (NASDAQ:CHTR) last released its quarterly earnings results on Friday, April 26th. The company reported $7.55 EPS for the quarter, missing the consensus estimate of $7.78 by ($0.23). Charter Communications had a net margin of 8.50% and a return on equity of 31.42%. The business had revenue of $13.68 billion during the quarter, compared to analyst estimates of $13.75 billion. During the same quarter last year, the company posted $6.65 earnings per share. The company’s revenue was up .2% on a year-over-year basis. Research analysts expect that Charter Communications, Inc. will post 32.02 EPS for the current year.

Wall Street Analysts Forecast Growth

CHTR has been the subject of several recent research reports. Pivotal Research reduced their target price on shares of Charter Communications from $450.00 to $400.00 and set a “buy” rating for the company in a report on Monday, April 29th. UBS Group lowered their target price on Charter Communications from $360.00 to $325.00 and set a “neutral” rating on the stock in a research report on Thursday, March 28th. JPMorgan Chase & Co. reduced their price target on Charter Communications from $370.00 to $335.00 and set a “neutral” rating for the company in a research report on Monday, April 1st. Barclays decreased their price target on Charter Communications from $280.00 to $250.00 and set an “underweight” rating for the company in a research note on Tuesday, April 2nd. Finally, Rosenblatt Securities cut their price objective on Charter Communications from $297.00 to $292.00 and set a “neutral” rating for the company in a report on Monday, April 29th. One analyst has rated the stock with a sell rating, ten have assigned a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, Charter Communications currently has a consensus rating of “Hold” and a consensus price target of $356.47.

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.