Charter Communications, Inc. (NASDAQ:CHTR) Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC trimmed its stake in shares of Charter Communications, Inc. (NASDAQ:CHTR) by 7.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 16,049 shares of the company’s stock after selling 1,380 shares during the quarter. Yousif Capital Management LLC’s holdings in Charter Communications were worth $6,238,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently made changes to their positions in the stock. Wetzel Investment Advisors Inc. purchased a new position in Charter Communications in the 4th quarter valued at about $25,000. Turtle Creek Wealth Advisors LLC acquired a new position in Charter Communications in the 4th quarter valued at $44,000. Catalyst Capital Advisors LLC lifted its stake in shares of Charter Communications by 32.1% during the 3rd quarter. Catalyst Capital Advisors LLC now owns 111 shares of the company’s stock worth $49,000 after purchasing an additional 27 shares during the period. Bourgeon Capital Management LLC boosted its holdings in shares of Charter Communications by 219.5% during the fourth quarter. Bourgeon Capital Management LLC now owns 131 shares of the company’s stock worth $51,000 after purchasing an additional 90 shares during the last quarter. Finally, NBC Securities Inc. purchased a new stake in shares of Charter Communications in the third quarter valued at $56,000. 81.76% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on CHTR. Sanford C. Bernstein raised Charter Communications from a “market perform” rating to an “outperform” rating and set a $370.00 price target on the stock in a research note on Monday, March 18th. JPMorgan Chase & Co. decreased their target price on shares of Charter Communications from $370.00 to $335.00 and set a “neutral” rating on the stock in a research report on Monday, April 1st. Barclays dropped their price target on shares of Charter Communications from $280.00 to $250.00 and set an “underweight” rating for the company in a research report on Tuesday, April 2nd. UBS Group decreased their price target on shares of Charter Communications from $360.00 to $325.00 and set a “neutral” rating on the stock in a report on Thursday, March 28th. Finally, Rosenblatt Securities dropped their price objective on Charter Communications from $334.00 to $297.00 and set a “neutral” rating for the company in a report on Monday, April 15th. One research analyst has rated the stock with a sell rating, ten have given a hold rating and five have issued a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $380.80.

Charter Communications Stock Performance

Shares of NASDAQ:CHTR opened at $259.10 on Friday. The company has a debt-to-equity ratio of 6.51, a quick ratio of 0.31 and a current ratio of 0.31. Charter Communications, Inc. has a one year low of $254.31 and a one year high of $458.30. The business’s 50-day simple moving average is $281.92 and its 200 day simple moving average is $349.44. The company has a market cap of $37.63 billion, a P/E ratio of 8.63, a PEG ratio of 0.46 and a beta of 0.96.

Charter Communications (NASDAQ:CHTR) last announced its earnings results on Friday, February 2nd. The company reported $7.07 earnings per share for the quarter, missing the consensus estimate of $8.76 by ($1.69). Charter Communications had a net margin of 8.35% and a return on equity of 32.32%. The firm had revenue of $13.71 billion during the quarter, compared to analysts’ expectations of $13.70 billion. During the same quarter last year, the company posted $7.69 earnings per share. Charter Communications’s revenue for the quarter was up .3% compared to the same quarter last year. On average, sell-side analysts forecast that Charter Communications, Inc. will post 32.8 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.