Charter Communications, Inc. (NASDAQ:CHTR) Stock Holdings Lowered by Natixis Advisors L.P.

Natixis Advisors L.P. reduced its stake in shares of Charter Communications, Inc. (NASDAQ:CHTR) by 4.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 58,354 shares of the company’s stock after selling 2,770 shares during the quarter. Natixis Advisors L.P.’s holdings in Charter Communications were worth $22,681,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. First Trust Direct Indexing L.P. lifted its holdings in shares of Charter Communications by 7.1% during the fourth quarter. First Trust Direct Indexing L.P. now owns 1,643 shares of the company’s stock valued at $639,000 after purchasing an additional 109 shares during the last quarter. Victory Capital Management Inc. boosted its holdings in shares of Charter Communications by 2.9% in the fourth quarter. Victory Capital Management Inc. now owns 102,802 shares of the company’s stock worth $39,957,000 after buying an additional 2,940 shares during the period. Savant Capital LLC increased its position in shares of Charter Communications by 61.6% in the fourth quarter. Savant Capital LLC now owns 3,202 shares of the company’s stock worth $1,245,000 after acquiring an additional 1,220 shares in the last quarter. Cozad Asset Management Inc. raised its holdings in shares of Charter Communications by 354.1% during the fourth quarter. Cozad Asset Management Inc. now owns 2,520 shares of the company’s stock valued at $979,000 after acquiring an additional 1,965 shares during the period. Finally, Retirement Systems of Alabama lifted its position in shares of Charter Communications by 10.0% in the 4th quarter. Retirement Systems of Alabama now owns 90,562 shares of the company’s stock valued at $35,200,000 after acquiring an additional 8,250 shares in the last quarter. Institutional investors and hedge funds own 81.76% of the company’s stock.

Charter Communications Stock Up 1.5 %

NASDAQ CHTR opened at $265.93 on Monday. Charter Communications, Inc. has a twelve month low of $236.08 and a twelve month high of $458.30. The stock has a market cap of $38.62 billion, a PE ratio of 8.60, a PEG ratio of 1.07 and a beta of 0.97. The firm has a 50-day simple moving average of $277.79 and a 200 day simple moving average of $340.06. The company has a debt-to-equity ratio of 6.28, a quick ratio of 0.31 and a current ratio of 0.40.

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

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on CHTR shares. Sanford C. Bernstein upgraded shares of Charter Communications from a “market perform” rating to an “outperform” rating and set a $370.00 price target on the stock in a report on Monday, March 18th. Benchmark lowered their price target on Charter Communications from $490.00 to $440.00 and set a “buy” rating for the company in a research note on Monday, February 5th. Barclays reduced their target price on shares of Charter Communications from $280.00 to $250.00 and set an “underweight” rating for the company in a research note on Tuesday, April 2nd. Wells Fargo & Company dropped their price target on shares of Charter Communications from $290.00 to $260.00 and set an “equal weight” rating on the stock in a research note on Monday, April 29th. Finally, Deutsche Bank Aktiengesellschaft cut their price target on shares of Charter Communications from $375.00 to $320.00 and set a “hold” rating on the stock in a report on Tuesday, April 16th. One research analyst has rated the stock with a sell rating, ten have issued a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average 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.