Ossiam Purchases 512 Shares of Charter Communications, Inc. (NASDAQ:CHTR)

Ossiam boosted its holdings in shares of Charter Communications, Inc. (NASDAQ:CHTR) by 20.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,995 shares of the company’s stock after acquiring an additional 512 shares during the quarter. Ossiam’s holdings in Charter Communications were worth $1,027,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of CHTR. Avior Wealth Management LLC increased its position in Charter Communications by 104.7% during the 4th quarter. Avior Wealth Management LLC now owns 88 shares of the company’s stock valued at $30,000 after purchasing an additional 45 shares during the period. Sierra Ocean LLC acquired a new position in Charter Communications in the fourth quarter valued at $32,000. Generali Asset Management SPA SGR bought a new stake in Charter Communications during the fourth quarter valued at $36,000. Brown Brothers Harriman & Co. raised its position in shares of Charter Communications by 37.7% in the 4th quarter. Brown Brothers Harriman & Co. now owns 106 shares of the company’s stock worth $36,000 after acquiring an additional 29 shares in the last quarter. Finally, Wingate Wealth Advisors Inc. bought a new stake in shares of Charter Communications during the 4th quarter valued at about $45,000. Institutional investors own 81.76% of the company’s stock.

Charter Communications Trading Down 4.9 %

NASDAQ CHTR opened at $322.43 on Tuesday. The stock has a market capitalization of $45.77 billion, a price-to-earnings ratio of 9.22, a PEG ratio of 0.44 and a beta of 1.13. The business’s fifty day moving average is $356.67 and its 200-day moving average is $358.41. The company has a debt-to-equity ratio of 4.73, a current ratio of 0.31 and a quick ratio of 0.31. Charter Communications, Inc. has a one year low of $236.08 and a one year high of $415.27.

Charter Communications (NASDAQ:CHTR) last posted its quarterly earnings results 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 previous year, the firm posted $7.07 EPS. Equities research analysts predict that Charter Communications, Inc. will post 38.16 EPS for the current year.

Analyst Ratings Changes

CHTR has been the topic of several recent analyst reports. Royal Bank of Canada boosted their price target on Charter Communications from $380.00 to $385.00 and gave the company a “sector perform” rating in a research note on Monday, February 3rd. Wells Fargo & Company decreased their price target on shares of Charter Communications from $400.00 to $380.00 and set an “equal weight” rating for the company in a research note on Monday, April 14th. Barclays boosted their target price on Charter Communications from $315.00 to $320.00 and gave the company an “underweight” rating in a research report on Monday, February 3rd. Benchmark reaffirmed a “buy” rating and set a $450.00 target price on shares of Charter Communications in a research report on Friday, January 31st. Finally, BNP Paribas restated an “underperform” rating and set a $290.00 price objective on shares of Charter Communications in a report on Thursday, April 10th. Five equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have issued a buy rating to the stock. According to MarketBeat, Charter Communications has an average rating of “Hold” and a consensus price target of $387.88.

Charter Communications 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.