131 Shares in Charter Communications, Inc. (NASDAQ:CHTR) Bought by Wingate Wealth Advisors Inc.

Wingate Wealth Advisors Inc. acquired a new stake in shares of Charter Communications, Inc. (NASDAQ:CHTR) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 131 shares of the company’s stock, valued at approximately $45,000.

A number of other hedge funds have also bought and sold shares of CHTR. Brookstone Capital Management increased its position in Charter Communications by 116.7% during the third quarter. Brookstone Capital Management now owns 1,508 shares of the company’s stock valued at $489,000 after acquiring an additional 812 shares during the last quarter. CWM LLC increased its position in Charter Communications by 8.8% during the third quarter. CWM LLC now owns 1,751 shares of the company’s stock valued at $567,000 after acquiring an additional 141 shares during the last quarter. Livforsakringsbolaget Skandia Omsesidigt increased its position in Charter Communications by 286.2% during the third quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 838 shares of the company’s stock valued at $272,000 after acquiring an additional 621 shares during the last quarter. Exchange Traded Concepts LLC bought a new position in Charter Communications during the third quarter valued at $577,000. Finally, CVA Family Office LLC increased its position in Charter Communications by 31.3% during the third quarter. CVA Family Office LLC now owns 147 shares of the company’s stock valued at $48,000 after acquiring an additional 35 shares during the last quarter. Institutional investors own 81.76% of the company’s stock.

Charter Communications Stock Performance

CHTR stock opened at $343.73 on Tuesday. The firm has a market cap of $48.88 billion, a price-to-earnings ratio of 9.83, a PEG ratio of 0.43 and a beta of 1.11. The firm has a 50-day simple moving average of $358.81 and a two-hundred day simple moving average of $354.11. Charter Communications, Inc. has a one year low of $236.08 and a one year high of $415.27. The company has a debt-to-equity ratio of 4.73, a quick ratio of 0.34 and a current ratio of 0.31.

Charter Communications (NASDAQ:CHTR) last posted its quarterly earnings data 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 earned $7.07 EPS. On average, equities analysts forecast that Charter Communications, Inc. will post 38.16 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on CHTR shares. 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 report on Monday, February 3rd. KeyCorp raised shares of Charter Communications from a “sector weight” rating to an “overweight” rating and set a $500.00 target price for the company in a research note on Thursday, December 12th. Pivotal Research boosted their target price on shares of Charter Communications from $435.00 to $525.00 and gave the company a “buy” rating in a research note on Monday, November 4th. Morgan Stanley boosted their target price on shares of Charter Communications from $360.00 to $415.00 and gave the company an “equal weight” rating in a research note on Monday, November 4th. Finally, Royal Bank of Canada boosted their target price on shares of Charter Communications from $380.00 to $385.00 and gave the company a “sector perform” rating in a research note on Monday, February 3rd. Four analysts have rated the stock with a sell rating, ten have assigned a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $384.42.

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.