D Orazio & Associates Inc. Invests $259,000 in Charter Communications, Inc. (NASDAQ:CHTR)

D Orazio & Associates Inc. bought a new stake in shares of Charter Communications, Inc. (NASDAQ:CHTR) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 757 shares of the company’s stock, valued at approximately $259,000.

Other hedge funds have also recently bought and sold shares of the company. Reston Wealth Management LLC bought a new position in shares of Charter Communications during the 3rd quarter valued at about $26,000. Ashton Thomas Securities LLC bought a new stake in Charter Communications during the third quarter worth approximately $28,000. Avior Wealth Management LLC grew its position in Charter Communications by 104.7% in the fourth quarter. Avior Wealth Management LLC now owns 88 shares of the company’s stock worth $30,000 after buying an additional 45 shares during the last quarter. Grove Bank & Trust increased its holdings in shares of Charter Communications by 39.1% in the third quarter. Grove Bank & Trust now owns 121 shares of the company’s stock valued at $39,000 after buying an additional 34 shares in the last quarter. Finally, CVA Family Office LLC lifted its position in shares of Charter Communications by 31.3% during the 3rd 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. 81.76% of the stock is owned by institutional investors and hedge funds.

Charter Communications Trading Down 1.5 %

Shares of NASDAQ CHTR opened at $347.84 on Friday. The stock has a market cap of $49.46 billion, a price-to-earnings ratio of 9.95, a PEG ratio of 0.46 and a beta of 1.11. The business has a 50 day simple moving average of $359.80 and a 200 day simple moving average of $353.34. 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, Inc. has a 52 week low of $236.08 and a 52 week high of $415.27.

Charter Communications (NASDAQ:CHTR) last announced its quarterly earnings results on Friday, February 7th. The company reported $10.10 EPS for the quarter, topping 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 last year, the business posted $7.07 EPS. On average, research analysts predict that Charter Communications, Inc. will post 36.73 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on CHTR shares. KeyCorp raised Charter Communications from a “sector weight” rating to an “overweight” rating and set a $500.00 target price on the stock in a research report on Thursday, December 12th. Wells Fargo & Company boosted their price objective on Charter Communications from $350.00 to $400.00 and gave the stock an “equal weight” rating in a report on Monday, November 4th. JPMorgan Chase & Co. raised their target price on shares of Charter Communications from $385.00 to $400.00 and gave the stock a “neutral” rating in a report on Monday, November 4th. Benchmark restated a “buy” rating and set a $450.00 price target on shares of Charter Communications in a report on Friday, January 31st. Finally, Royal Bank of Canada raised their price objective on shares of Charter Communications from $380.00 to $385.00 and gave the stock a “sector perform” rating in a research note on Monday, February 3rd. Four equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $384.42.

About Charter Communications

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.