XTX Topco Ltd Has $2.62 Million Stock Holdings in Charter Communications, Inc. (NASDAQ:CHTR)

XTX Topco Ltd boosted its position in Charter Communications, Inc. (NASDAQ:CHTR) by 54.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 8,765 shares of the company’s stock after buying an additional 3,080 shares during the quarter. XTX Topco Ltd’s holdings in Charter Communications were worth $2,620,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the business. Savant Capital LLC increased its holdings in Charter Communications by 1.7% in the 2nd quarter. Savant Capital LLC now owns 1,859 shares of the company’s stock valued at $556,000 after buying an additional 31 shares during the period. Deseret Mutual Benefit Administrators raised its position in shares of Charter Communications by 3.1% during the second quarter. Deseret Mutual Benefit Administrators now owns 1,215 shares of the company’s stock worth $363,000 after purchasing an additional 36 shares during the period. PFG Investments LLC boosted its stake in Charter Communications by 2.1% in the 2nd quarter. PFG Investments LLC now owns 1,926 shares of the company’s stock worth $576,000 after purchasing an additional 39 shares during the period. Gulf International Bank UK Ltd lifted its position in shares of Charter Communications by 0.5% in the first quarter. Gulf International Bank UK Ltd now owns 8,067 shares of the company’s stock worth $2,344,000 after purchasing an additional 40 shares in the last quarter. Finally, Ingalls & Snyder LLC increased its position in shares of Charter Communications by 4.4% during the 2nd quarter. Ingalls & Snyder LLC now owns 1,023 shares of the company’s stock worth $306,000 after purchasing an additional 43 shares during the last quarter. 81.76% of the stock is currently owned by institutional investors.

Charter Communications Trading Up 0.1 %

NASDAQ CHTR opened at $339.64 on Thursday. The company has a 50 day moving average price of $343.87 and a 200 day moving average price of $301.60. The company has a quick ratio of 0.39, a current ratio of 0.39 and a debt-to-equity ratio of 5.84. Charter Communications, Inc. has a 52 week low of $236.08 and a 52 week high of $458.30. The firm has a market cap of $48.92 billion, a PE ratio of 10.98, a price-to-earnings-growth ratio of 0.61 and a beta of 1.05.

Charter Communications (NASDAQ:CHTR) last released its quarterly earnings data on Friday, July 26th. The company reported $8.49 earnings per share for the quarter, beating analysts’ consensus estimates of $7.98 by $0.51. Charter Communications had a return on equity of 30.11% and a net margin of 8.51%. The business had revenue of $13.69 billion during the quarter, compared to analyst estimates of $13.59 billion. During the same quarter last year, the business posted $8.05 EPS. The company’s revenue was up .2% on a year-over-year basis. As a group, sell-side analysts forecast that Charter Communications, Inc. will post 32.52 EPS for the current fiscal year.

Analyst Ratings Changes

A number of brokerages have commented on CHTR. Pivotal Research upped their price objective on Charter Communications from $400.00 to $435.00 and gave the company a “buy” rating in a report on Monday, July 29th. Barclays increased their price target on Charter Communications from $250.00 to $300.00 and gave the stock an “underweight” rating in a report on Monday, July 29th. Raymond James lowered Charter Communications from a “market perform” rating to an “underperform” rating in a report on Monday, July 29th. Wolfe Research cut Charter Communications from an “outperform” rating to a “peer perform” rating in a research note on Wednesday, July 31st. Finally, JPMorgan Chase & Co. boosted their price target on shares of Charter Communications from $300.00 to $385.00 and gave the company a “neutral” rating in a research report on Monday, July 29th. Three equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $360.93.

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.