Team Hewins LLC Makes New $213,000 Investment in Charter Communications, Inc. (NASDAQ:CHTR)

Team Hewins LLC acquired a new stake in shares of Charter Communications, Inc. (NASDAQ:CHTR) during the 4th quarter, Holdings Channel reports. The firm acquired 547 shares of the company’s stock, valued at approximately $213,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in CHTR. AQR Capital Management LLC raised its stake in Charter Communications by 9.7% during the 3rd quarter. AQR Capital Management LLC now owns 14,782 shares of the company’s stock worth $6,501,000 after buying an additional 1,311 shares during the period. Victory Capital Management Inc. raised its position in shares of Charter Communications by 2.9% during the fourth quarter. Victory Capital Management Inc. now owns 102,802 shares of the company’s stock worth $39,957,000 after purchasing an additional 2,940 shares during the period. River Road Asset Management LLC bought a new position in shares of Charter Communications in the 3rd quarter worth $29,948,000. Graham Capital Management L.P. grew its position in Charter Communications by 354.7% in the 3rd quarter. Graham Capital Management L.P. now owns 15,133 shares of the company’s stock valued at $6,656,000 after purchasing an additional 11,805 shares during the period. Finally, DigitalBridge Group Inc. bought a new stake in Charter Communications during the 3rd quarter valued at $16,411,000. Institutional investors own 81.76% of the company’s stock.

Charter Communications Price Performance

Shares of NASDAQ:CHTR opened at $271.46 on Monday. The company has a market capitalization of $39.10 billion, a P/E ratio of 8.78, a price-to-earnings-growth ratio of 1.09 and a beta of 0.97. The company’s 50-day moving average is $272.76 and its 200 day moving average is $325.12. The company has a debt-to-equity ratio of 6.28, a quick ratio of 0.40 and a current ratio of 0.40. Charter Communications, Inc. has a fifty-two week low of $236.08 and a fifty-two week high of $458.30.

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

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Charter Communications from $375.00 to $320.00 and set a “hold” rating on the stock in a research note on Tuesday, April 16th. Wells Fargo & Company cut their price target on Charter Communications from $290.00 to $260.00 and set an “equal weight” rating for the company in a research note on Monday, April 29th. Loop Capital dropped their target price on Charter Communications from $335.00 to $285.00 and set a “hold” rating on the stock in a report on Monday, April 29th. UBS Group cut their target price on Charter Communications from $360.00 to $325.00 and set a “neutral” rating on the stock in a research report on Thursday, March 28th. Finally, 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 report on Monday, February 5th. One investment 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 MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $356.47.

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.