Savant Capital LLC Acquires 167 Shares of Charter Communications, Inc. (NASDAQ:CHTR)

Savant Capital LLC boosted its holdings in shares of Charter Communications, Inc. (NASDAQ:CHTR) by 9.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,972 shares of the company’s stock after purchasing an additional 167 shares during the quarter. Savant Capital LLC’s holdings in Charter Communications were worth $676,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Lind Value II ApS bought a new stake in Charter Communications during the 4th quarter valued at approximately $9,743,000. Oddo BHF Asset Management Sas bought a new stake in shares of Charter Communications during the third quarter valued at approximately $1,345,000. Worldquant Millennium Advisors LLC raised its stake in shares of Charter Communications by 193.8% in the third 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 Charter Communications by 39.7% in the fourth 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 period. Finally, Franklin Resources Inc. lifted its position in Charter Communications by 4.9% in the third quarter. Franklin Resources Inc. now owns 3,179,454 shares of the company’s stock worth $1,052,868,000 after purchasing an additional 148,003 shares during the period. Institutional investors own 81.76% of the company’s stock.

Charter Communications Trading Down 0.1 %

Shares of CHTR opened at $360.27 on Friday. 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, Inc. has a 12-month low of $236.08 and a 12-month high of $415.27. The firm has a market capitalization of $51.23 billion, a PE ratio of 10.31, a price-to-earnings-growth ratio of 0.43 and a beta of 1.11. The stock’s fifty day simple moving average is $354.19 and its 200-day simple moving average is $354.12.

Charter Communications (NASDAQ:CHTR) last issued its quarterly earnings results on Friday, February 7th. The company reported $10.10 earnings per share (EPS) for the quarter, beating 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 last year, the firm earned $7.07 EPS. As a group, research analysts predict that Charter Communications, Inc. will post 38.16 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on CHTR shares. BNP Paribas raised shares of Charter Communications from an “underperform” rating to a “neutral” rating and set a $360.00 price objective for the company in a report on Tuesday, November 26th. Pivotal Research lifted their price objective on Charter Communications from $435.00 to $525.00 and gave the company a “buy” rating in a report on Monday, November 4th. JPMorgan Chase & Co. increased their target price on Charter Communications from $385.00 to $400.00 and gave the stock a “neutral” rating in a report on Monday, November 4th. Morgan Stanley boosted their price target on Charter Communications from $360.00 to $415.00 and gave the company an “equal weight” rating in a research note on Monday, November 4th. Finally, Barclays upped their price target on Charter Communications from $315.00 to $320.00 and gave the company an “underweight” rating in a research report on Monday, February 3rd. Four investment analysts have rated the stock with a sell rating, ten have given a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price 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.