Charter Communications, Inc. (NASDAQ:CHTR) Shares Sold by Blair William & Co. IL

Blair William & Co. IL reduced its holdings in shares of Charter Communications, Inc. (NASDAQ:CHTR) by 58.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 780 shares of the company’s stock after selling 1,111 shares during the quarter. Blair William & Co. IL’s holdings in Charter Communications were worth $267,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Franklin Resources Inc. grew 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 acquiring an additional 148,003 shares in the last quarter. Norges Bank bought a new position in shares of Charter Communications during the fourth quarter worth about $1,032,236,000. Geode Capital Management LLC lifted its position in shares of Charter Communications by 0.6% during the third quarter. Geode Capital Management LLC now owns 2,432,231 shares of the company’s stock worth $785,744,000 after purchasing an additional 13,430 shares during the last quarter. Charles Schwab Investment Management Inc. grew its stake in Charter Communications by 2.8% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 847,921 shares of the company’s stock worth $290,642,000 after purchasing an additional 23,225 shares in the last quarter. Finally, First Pacific Advisors LP increased its holdings in Charter Communications by 0.6% in the fourth quarter. First Pacific Advisors LP now owns 614,122 shares of the company’s stock valued at $210,503,000 after buying an additional 3,490 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 $338.29 on Friday. The company has a current ratio of 0.31, a quick ratio of 0.31 and a debt-to-equity ratio of 4.73. The company has a 50-day moving average of $360.56 and a 200-day moving average of $357.63. Charter Communications, Inc. has a twelve month low of $236.08 and a twelve month high of $415.27. The firm has a market cap of $48.02 billion, a price-to-earnings ratio of 9.68, a price-to-earnings-growth ratio of 0.44 and a beta of 1.12.

Charter Communications (NASDAQ:CHTR) last posted 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 net margin of 9.23% and a return on equity of 29.01%. During the same period last year, the business earned $7.07 EPS. Analysts forecast that Charter Communications, Inc. will post 38.16 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have recently commented on CHTR shares. StockNews.com lowered Charter Communications from a “buy” rating to a “hold” rating in a research report on Friday. KeyCorp upgraded 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 research note on Thursday, December 12th. Citigroup initiated coverage on shares of Charter Communications in a research report on Friday, March 14th. They issued a “buy” rating and a $425.00 price target on the stock. Royal Bank of Canada boosted their price objective on shares of Charter Communications from $380.00 to $385.00 and gave the company a “sector perform” rating in a research report on Monday, February 3rd. Finally, Barclays increased their price objective on shares of Charter Communications from $315.00 to $320.00 and gave the stock an “underweight” rating in a research note on Monday, February 3rd. Four analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $393.18.

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.