Jones Financial Companies Lllp Grows Stock Position in Charter Communications, Inc. (NASDAQ:CHTR)

Jones Financial Companies Lllp raised its holdings in shares of Charter Communications, Inc. (NASDAQ:CHTR) by 3.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 904 shares of the company’s stock after acquiring an additional 30 shares during the quarter. Jones Financial Companies Lllp’s holdings in Charter Communications were worth $310,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in CHTR. Norden Group LLC grew its stake in Charter Communications by 7.7% in the 4th quarter. Norden Group LLC now owns 683 shares of the company’s stock worth $234,000 after acquiring an additional 49 shares during the period. Smartleaf Asset Management LLC increased its holdings in shares of Charter Communications by 28.2% during the 4th quarter. Smartleaf Asset Management LLC now owns 377 shares of the company’s stock worth $129,000 after buying an additional 83 shares during the last quarter. Metis Global Partners LLC increased its holdings in shares of Charter Communications by 4.1% during the 4th quarter. Metis Global Partners LLC now owns 4,495 shares of the company’s stock worth $1,541,000 after buying an additional 178 shares during the last quarter. US Bancorp DE raised its position in shares of Charter Communications by 5.7% in the 4th quarter. US Bancorp DE now owns 7,793 shares of the company’s stock worth $2,671,000 after buying an additional 423 shares during the period. Finally, Sage Investment Counsel LLC acquired a new position in Charter Communications in the fourth quarter valued at $387,000. Institutional investors and hedge funds own 81.76% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently commented on CHTR shares. BNP Paribas upgraded Charter Communications from an “underperform” rating to a “neutral” rating and set a $360.00 price objective on the stock in a report on Tuesday, November 26th. Benchmark restated a “buy” rating and issued a $450.00 price target on shares of Charter Communications in a report on Friday, January 31st. Barclays boosted 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. KeyCorp raised shares of Charter Communications from a “sector weight” rating to an “overweight” rating and set a $500.00 target price on the stock in a research note on Thursday, December 12th. Finally, Royal Bank of Canada increased their price target on Charter Communications from $380.00 to $385.00 and gave the company a “sector perform” rating in a report on Monday, February 3rd. Four analysts have rated the stock with a sell rating, ten have assigned a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat, Charter Communications has an average rating of “Hold” and an average price target of $384.42.

Charter Communications Trading Down 1.7 %

CHTR opened at $349.75 on Thursday. Charter Communications, Inc. has a 12-month low of $236.08 and a 12-month high of $415.27. The company has a debt-to-equity ratio of 4.73, a current ratio of 0.31 and a quick ratio of 0.31. The stock has a market capitalization of $49.73 billion, a PE ratio of 10.00, a P/E/G ratio of 0.44 and a beta of 1.13. The firm’s fifty day moving average price is $355.81 and its 200 day moving average price is $354.86.

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

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.