Savant Capital LLC Has $1.25 Million Stake in Charter Communications, Inc. (NASDAQ:CHTR)

Savant Capital LLC increased its stake in Charter Communications, Inc. (NASDAQ:CHTR) by 61.6% in the 4th quarter, Holdings Channel reports. The firm owned 3,202 shares of the company’s stock after purchasing an additional 1,220 shares during the period. Savant Capital LLC’s holdings in Charter Communications were worth $1,245,000 as of its most recent filing with the SEC.

A number of other large investors have also recently added to or reduced their stakes in the stock. Commonwealth Equity Services LLC raised its position in shares of Charter Communications by 87.9% during the third quarter. Commonwealth Equity Services LLC now owns 10,777 shares of the company’s stock valued at $4,740,000 after buying an additional 5,043 shares during the last quarter. Pinnacle Associates Ltd. bought a new stake in shares of Charter Communications in the 3rd quarter worth approximately $239,000. Raymond James & Associates grew its holdings in shares of Charter Communications by 528.3% during the 3rd quarter. Raymond James & Associates now owns 88,683 shares of the company’s stock worth $39,005,000 after purchasing an additional 74,569 shares in the last quarter. NorthRock Partners LLC increased its position in shares of Charter Communications by 12.3% during the third quarter. NorthRock Partners LLC now owns 630 shares of the company’s stock valued at $277,000 after purchasing an additional 69 shares during the period. Finally, Forsta AP Fonden raised its stake in shares of Charter Communications by 53.0% in the third quarter. Forsta AP Fonden now owns 33,200 shares of the company’s stock valued at $14,602,000 after purchasing an additional 11,500 shares in the last quarter. Institutional investors own 81.76% of the company’s stock.

Charter Communications Stock Up 1.5 %

Shares of NASDAQ CHTR opened at $265.93 on Friday. The firm has a 50 day moving average price of $278.46 and a 200 day moving average price of $342.90. The company has a debt-to-equity ratio of 6.28, a quick ratio of 0.31 and a current ratio of 0.40. The stock has a market cap of $38.62 billion, a P/E ratio of 8.60, a P/E/G ratio of 1.04 and a beta of 0.97. Charter Communications, Inc. has a 52-week low of $236.08 and a 52-week high of $458.30.

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

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on CHTR. Citigroup lowered their target price on shares of Charter Communications from $300.00 to $280.00 and set a “neutral” rating on the stock in a research note on Monday, April 29th. Pivotal Research reduced their target price on Charter Communications from $450.00 to $400.00 and set a “buy” rating on the stock in a report on Monday, April 29th. Barclays decreased their price target on Charter Communications from $280.00 to $250.00 and set an “underweight” rating on the stock in a research report on Tuesday, April 2nd. Loop Capital cut their price objective on Charter Communications from $335.00 to $285.00 and set a “hold” rating for the company in a research report on Monday, April 29th. Finally, Sanford C. Bernstein upgraded Charter Communications from a “market perform” rating to an “outperform” rating and set a $370.00 target price on the stock in a report on Monday, March 18th. One analyst has rated the stock with a sell rating, ten have assigned a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price 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.