Charter Communications, Inc. (NASDAQ:CHTR) Shares Acquired by Amundi

Amundi lifted its position in Charter Communications, Inc. (NASDAQ:CHTR) by 62.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 288,559 shares of the company’s stock after purchasing an additional 110,410 shares during the period. Amundi owned about 0.20% of Charter Communications worth $100,799,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in the company. Chemistry Wealth Management LLC lifted its stake in shares of Charter Communications by 4.8% in the 4th quarter. Chemistry Wealth Management LLC now owns 660 shares of the company’s stock valued at $226,000 after purchasing an additional 30 shares during the period. Jones Financial Companies Lllp lifted its stake in shares of Charter Communications by 3.4% in the 4th quarter. Jones Financial Companies Lllp now owns 904 shares of the company’s stock valued at $310,000 after purchasing an additional 30 shares during the period. Keybank National Association OH lifted its stake in shares of Charter Communications by 2.6% in the 4th quarter. Keybank National Association OH now owns 1,392 shares of the company’s stock valued at $477,000 after purchasing an additional 35 shares during the period. Allworth Financial LP lifted its stake in shares of Charter Communications by 16.4% in the 4th quarter. Allworth Financial LP now owns 256 shares of the company’s stock valued at $90,000 after purchasing an additional 36 shares during the period. Finally, Brooklyn Investment Group lifted its stake in shares of Charter Communications by 5.8% in the 4th quarter. Brooklyn Investment Group now owns 671 shares of the company’s stock valued at $230,000 after purchasing an additional 37 shares during the period. 81.76% of the stock is currently owned by institutional investors and hedge funds.

Charter Communications Trading Down 1.6 %

Shares of CHTR opened at $373.52 on Tuesday. The company has a current ratio of 0.31, a quick ratio of 0.31 and a debt-to-equity ratio of 4.73. Charter Communications, Inc. has a 12-month low of $236.08 and a 12-month high of $415.27. The firm has a 50-day moving average price of $355.41 and a 200 day moving average price of $354.84. The firm has a market capitalization of $53.11 billion, a P/E ratio of 10.68, a P/E/G ratio of 0.44 and a beta of 1.13.

Charter Communications (NASDAQ:CHTR) last announced its quarterly earnings data on Friday, February 7th. The company reported $10.10 earnings per share (EPS) for the quarter, beating 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 last year, the company earned $7.07 earnings per share. Sell-side analysts forecast that Charter Communications, Inc. will post 38.16 EPS for the current year.

Analyst Ratings Changes

Several research firms recently issued reports on CHTR. BNP Paribas upgraded shares of Charter Communications from an “underperform” rating to a “neutral” rating and set a $360.00 target price for the company in a research note on Tuesday, November 26th. KeyCorp raised shares of Charter Communications from a “sector weight” rating to an “overweight” rating and set a $500.00 price target for the company in a report on Thursday, December 12th. Barclays boosted their price target on shares of Charter Communications from $315.00 to $320.00 and gave the stock an “underweight” rating in a report on Monday, February 3rd. Royal Bank of Canada boosted their price target on shares of Charter Communications from $380.00 to $385.00 and gave the stock a “sector perform” rating in a report on Monday, February 3rd. Finally, Benchmark reissued a “buy” rating and issued a $450.00 price target on shares of Charter Communications in a report on Friday, January 31st. Four equities research analysts have rated the stock with a sell rating, ten have given a hold rating and six have given a buy rating to the company. According to data from MarketBeat, the stock presently has an average 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.