264 Shares in Charter Communications, Inc. (NASDAQ:CHTR) Purchased by Kestra Investment Management LLC

Kestra Investment Management LLC purchased a new position in Charter Communications, Inc. (NASDAQ:CHTR) in the 4th quarter, HoldingsChannel reports. The firm purchased 264 shares of the company’s stock, valued at approximately $90,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Reston Wealth Management LLC purchased a new position in Charter Communications in the third quarter worth about $26,000. Ashton Thomas Securities LLC purchased a new position in Charter Communications in the third quarter worth about $28,000. Avior Wealth Management LLC boosted its position in shares of Charter Communications by 104.7% during the fourth quarter. Avior Wealth Management LLC now owns 88 shares of the company’s stock valued at $30,000 after buying an additional 45 shares during the period. Sierra Ocean LLC purchased a new position in shares of Charter Communications during the fourth quarter valued at approximately $32,000. Finally, Wingate Wealth Advisors Inc. purchased a new position in shares of Charter Communications during the fourth quarter valued at approximately $45,000. Hedge funds and other institutional investors own 81.76% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on CHTR. Wells Fargo & Company boosted their target price on Charter Communications from $350.00 to $400.00 and gave the company an “equal weight” rating in a research report on Monday, November 4th. KeyCorp upgraded Charter Communications from a “sector weight” rating to an “overweight” rating and set a $500.00 target price for the company in a research report on Thursday, December 12th. BNP Paribas upgraded Charter Communications from an “underperform” rating to a “neutral” rating and set a $360.00 target price for the company in a research report on Tuesday, November 26th. Deutsche Bank Aktiengesellschaft boosted their target price on Charter Communications from $340.00 to $365.00 and gave the company a “hold” rating in a research report on Monday, November 4th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Charter Communications from $385.00 to $400.00 and gave the company a “neutral” rating in a research note on Monday, November 4th. Four investment analysts have rated the stock with a sell rating, ten have issued a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $384.42.

Charter Communications Stock Performance

Shares of NASDAQ:CHTR opened at $363.01 on Friday. The company has a market capitalization of $51.62 billion, a price-to-earnings ratio of 10.38, a price-to-earnings-growth ratio of 0.44 and a beta of 1.11. Charter Communications, Inc. has a 52 week low of $236.08 and a 52 week high of $415.27. The company has a quick ratio of 0.31, a current ratio of 0.31 and a debt-to-equity ratio of 4.73. The firm has a 50 day moving average of $352.91 and a 200 day moving average of $353.66.

Charter Communications (NASDAQ:CHTR) last issued its quarterly earnings data on Friday, February 7th. The company reported $10.10 EPS for the quarter, topping 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 in the prior year, the business earned $7.07 earnings per share. On average, sell-side analysts predict that Charter Communications, Inc. will post 38.16 earnings per share 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.