Charter Communications, Inc. (NASDAQ:CHTR) Stock Position Increased by Kize Capital LP

Kize Capital LP increased its stake in shares of Charter Communications, Inc. (NASDAQ:CHTR) by 8.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 53,334 shares of the company’s stock after purchasing an additional 4,000 shares during the period. Charter Communications accounts for about 16.4% of Kize Capital LP’s holdings, making the stock its 2nd biggest position. Kize Capital LP’s holdings in Charter Communications were worth $18,281,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently bought and sold shares of CHTR. MML Investors Services LLC boosted its stake in shares of Charter Communications by 24.7% during the 3rd quarter. MML Investors Services LLC now owns 2,925 shares of the company’s stock worth $948,000 after purchasing an additional 579 shares during the last quarter. Virtu Financial LLC raised its holdings in Charter Communications by 262.6% in the 3rd quarter. Virtu Financial LLC now owns 13,731 shares of the company’s stock valued at $4,450,000 after acquiring an additional 9,944 shares during the last quarter. Sanctuary Advisors LLC lifted its stake in shares of Charter Communications by 51.9% during the 3rd quarter. Sanctuary Advisors LLC now owns 6,159 shares of the company’s stock worth $1,996,000 after purchasing an additional 2,105 shares during the period. Wilmington Savings Fund Society FSB acquired a new stake in shares of Charter Communications during the third quarter worth $165,000. Finally, Tidal Investments LLC grew its position in shares of Charter Communications by 1.3% in the third quarter. Tidal Investments LLC now owns 17,261 shares of the company’s stock valued at $5,594,000 after purchasing an additional 229 shares during the period. Hedge funds and other institutional investors own 81.76% of the company’s stock.

Charter Communications Stock Up 1.8 %

CHTR stock opened at $340.40 on Tuesday. The firm’s 50-day moving average is $358.15 and its two-hundred day moving average is $358.09. Charter Communications, Inc. has a 52 week low of $236.08 and a 52 week high of $415.27. The company has a market capitalization of $48.32 billion, a price-to-earnings ratio of 9.74, a price-to-earnings-growth ratio of 0.44 and a beta of 1.13. The company has a current ratio of 0.31, a quick ratio of 0.31 and a debt-to-equity ratio of 4.73.

Charter Communications (NASDAQ:CHTR) last announced its 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 net margin of 9.23% and a return on equity of 29.01%. During the same quarter in the prior year, the company posted $7.07 EPS. On average, analysts forecast that Charter Communications, Inc. will post 38.16 earnings per share for the current fiscal year.

Analyst Ratings Changes

CHTR has been the topic of several recent analyst reports. Citigroup began coverage on Charter Communications in a research report on Friday, March 14th. They set a “buy” rating and a $425.00 target price on the stock. Wells Fargo & Company decreased their target price on shares of Charter Communications from $400.00 to $380.00 and set an “equal weight” rating on the stock in a research report on Monday. Royal Bank of Canada increased their price target on shares of Charter Communications from $380.00 to $385.00 and gave the stock a “sector perform” rating in a research note on Monday, February 3rd. Barclays boosted their price objective on shares of Charter Communications from $315.00 to $320.00 and gave the company an “underweight” rating in a research note on Monday, February 3rd. Finally, StockNews.com lowered Charter Communications from a “buy” rating to a “hold” rating in a research report on Saturday. Five analysts have rated the stock with a sell rating, eight have issued a hold rating and six have given a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $387.88.

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.