Boston Trust Walden Corp Sells 638 Shares of Charter Communications, Inc. (NASDAQ:CHTR)

Boston Trust Walden Corp trimmed its position in shares of Charter Communications, Inc. (NASDAQ:CHTR) by 2.7% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 23,362 shares of the company’s stock after selling 638 shares during the quarter. Boston Trust Walden Corp’s holdings in Charter Communications were worth $8,008,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Lind Value II ApS purchased a new stake in Charter Communications during the fourth quarter valued at approximately $9,743,000. Oddo BHF Asset Management Sas acquired a new position in shares of Charter Communications during the third quarter worth $1,345,000. Worldquant Millennium Advisors LLC lifted its holdings in shares of Charter Communications by 193.8% during the 3rd quarter. Worldquant Millennium Advisors LLC now owns 40,092 shares of the company’s stock valued at $12,993,000 after purchasing an additional 26,446 shares during the last quarter. Caprock Group LLC grew its stake in Charter Communications by 39.7% during the 4th quarter. Caprock Group LLC now owns 3,517 shares of the company’s stock worth $1,206,000 after buying an additional 999 shares during the last quarter. Finally, Franklin Resources Inc. grew its stake in Charter Communications by 4.9% during the 3rd quarter. Franklin Resources Inc. now owns 3,179,454 shares of the company’s stock worth $1,052,868,000 after buying an additional 148,003 shares during the last quarter. 81.76% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

CHTR has been the topic of a number of research analyst reports. Barclays boosted their price target on Charter Communications from $315.00 to $320.00 and gave the stock an “underweight” rating in a research note on Monday. Wells Fargo & Company upped their price target on shares of Charter Communications from $350.00 to $400.00 and gave the company an “equal weight” rating in a research note on Monday, November 4th. Morgan Stanley lifted their price objective on shares of Charter Communications from $360.00 to $415.00 and gave the stock an “equal weight” rating in a research note on Monday, November 4th. BNP Paribas raised Charter Communications from an “underperform” rating to a “neutral” rating and set a $360.00 target price on the stock in a research report on Tuesday, November 26th. Finally, Benchmark reaffirmed a “buy” rating and set a $450.00 price target on shares of Charter Communications in a research report on Friday. Four analysts have rated the stock with a sell rating, ten have assigned a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $384.42.

Charter Communications Stock Performance

Shares of CHTR stock opened at $341.50 on Tuesday. The company has a market capitalization of $48.56 billion, a P/E ratio of 9.77, a P/E/G ratio of 0.46 and a beta of 1.11. Charter Communications, Inc. has a 12-month low of $236.08 and a 12-month high of $415.27. The business’s 50 day moving average is $363.28 and its two-hundred day moving average is $353.12. The company has a current ratio of 0.31, a quick ratio of 0.34 and a debt-to-equity ratio of 4.73.

Charter Communications (NASDAQ:CHTR) last released its quarterly earnings results 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 in the previous year, the company posted $7.07 EPS. Analysts expect that Charter Communications, Inc. will post 36.73 EPS 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.