2 weeks Ago By ABMN Staff
Envestnet Asset Management Inc. raised its holdings in Charter Communications, Inc. ( NASDAQ:CHTR – Free Report ) by 5.
2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 27,829 shares of the company’s stock after acquiring an additional 1,371 shares during the period. Envestnet Asset Management Inc.
’s holdings in Charter Communications were worth $9,539,000 as of its most recent filing with the Securities and Exchange Commission. Several other institutional investors and hedge funds have also modified their holdings of the business. Brown Brothers Harriman & Co.
increased its position in shares of Charter Communications by 37.7% during the fourth quarter. Brown Brothers Harriman & Co.
now owns 106 shares of the company’s stock valued at $36,000 after acquiring an additional 29 shares in the last quarter. Chemistry Wealth Management LLC boosted 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 worth $226,000 after buying an additional 30 shares during the last quarter. Jones Financial Companies Lllp grew its stake in shares of Charter Communications by 3.4% during 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. EverSource Wealth Advisors LLC increased its holdings in Charter Communications by 5.8% during the fourth quarter.
EverSource Wealth Advisors LLC now owns 622 shares of the company’s stock valued at $213,000 after buying an additional 34 shares during the last quarter. Finally, Keybank National Association OH raised its holdings in Charter Communications by 2.6% in the 4th quarter.
Keybank National Association OH now owns 1,392 shares of the company’s stock worth $477,000 after purchasing an additional 35 shares during the period. 81.76% of the stock is currently owned by institutional investors and hedge funds.
Charter Communications Stock Up 1.9 % NASDAQ:CHTR opened at $338.96 on Friday.
The company’s 50 day moving average is $357.31 and its two-hundred day moving average is $357.98.
The company has a market cap of $48.11 billion, a PE ratio of 9.70, a P/E/G ratio of 0.
44 and a beta of 1.13. Charter Communications, Inc.
has a twelve month low of $236.08 and a twelve month high of $415.27.
The company has a current ratio of 0.31, a quick ratio of 0.31 and a debt-to-equity ratio of 4.
73. Analyst Upgrades and Downgrades CHTR has been the topic of several analyst reports. Barclays lifted their price target on shares of Charter Communications from $315.
00 to $320.00 and gave the company an “underweight” rating in a report on Monday, February 3rd. BNP Paribas reaffirmed an “underperform” rating and set a $290.
00 price objective on shares of Charter Communications in a report on Thursday, April 10th. Citigroup assumed coverage on shares of Charter Communications in a report on Friday, March 14th. They issued a “buy” rating and a $425.
00 price target for the company. StockNews.com downgraded shares of Charter Communications from a “buy” rating to a “hold” rating in a research note on Saturday, April 12th.
Finally, Royal Bank of Canada upped their target price on Charter Communications from $380.00 to $385.00 and gave the company a “sector perform” rating in a research note on Monday, February 3rd.
Five analysts have rated the stock with a sell rating, eight have given a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, Charter Communications currently has an average rating of “Hold” and a consensus target price of $387.
88. Read Our Latest Analysis on Charter Communications Charter Communications Profile ( Free Report ) 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.
Read More Want to see what other hedge funds are holding CHTR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Charter Communications, Inc. ( NASDAQ:CHTR – Free Report ).
Receive News & Ratings for Charter Communications Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Charter Communications and related companies with MarketBeat.com's FREE daily email newsletter ..
