Caprock Group LLC Has $1.21 Million Holdings in Charter Communications, Inc. (NASDAQ:CHTR)

Caprock Group LLC lifted its position in Charter Communications, Inc. (NASDAQ:CHTR) by 39.7% in the fourth quarter, HoldingsChannel.com reports. The firm owned 3,517 shares of the company’s stock after acquiring an additional 999 shares during the period. Caprock Group LLC’s holdings in Charter Communications were worth $1,206,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Reston Wealth Management LLC acquired a new position in shares of Charter Communications in the 3rd quarter valued at $26,000. Ashton Thomas Securities LLC acquired a new position in Charter Communications in the third quarter worth about $28,000. Avior Wealth Management LLC lifted its stake in Charter Communications by 104.7% during the fourth quarter. Avior Wealth Management LLC now owns 88 shares of the company’s stock worth $30,000 after purchasing an additional 45 shares during the period. Grove Bank & Trust boosted its holdings in Charter Communications by 39.1% during the third quarter. Grove Bank & Trust now owns 121 shares of the company’s stock valued at $39,000 after purchasing an additional 34 shares in the last quarter. Finally, CVA Family Office LLC grew its stake in shares of Charter Communications by 31.3% in the 3rd quarter. CVA Family Office LLC now owns 147 shares of the company’s stock valued at $48,000 after purchasing an additional 35 shares during the period. 81.76% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities analysts recently commented on CHTR shares. BNP Paribas upgraded Charter Communications from an “underperform” rating to a “neutral” rating and set a $360.00 target price for the company in a research report on Tuesday, November 26th. JPMorgan Chase & Co. lifted their price objective on Charter Communications from $385.00 to $400.00 and gave the company a “neutral” rating in a report on Monday, November 4th. Wells Fargo & Company upped their target price on shares of Charter Communications from $350.00 to $400.00 and gave the stock an “equal weight” rating in a report on Monday, November 4th. Pivotal Research lifted their price target on shares of Charter Communications from $435.00 to $525.00 and gave the company a “buy” rating in a report on Monday, November 4th. Finally, Barclays upped their price objective on shares of Charter Communications from $300.00 to $315.00 and gave the stock an “underweight” rating in a research note on Monday, November 4th. Four investment analysts have rated the stock with a sell rating, ten have issued a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat, Charter Communications currently has a consensus rating of “Hold” and a consensus price target of $383.89.

Charter Communications Stock Up 2.6 %

Shares of NASDAQ CHTR opened at $345.49 on Monday. Charter Communications, Inc. has a 1 year low of $236.08 and a 1 year high of $415.27. The firm’s 50-day moving average is $363.28 and its 200-day moving average is $352.96. The company has a current ratio of 0.34, a quick ratio of 0.34 and a debt-to-equity ratio of 5.24. The firm has a market capitalization of $49.13 billion, a PE ratio of 10.82, a price-to-earnings-growth ratio of 0.47 and a beta of 1.10.

Charter Communications (NASDAQ:CHTR) last released its earnings results on Friday, February 7th. The company reported $10.10 EPS for the quarter, topping analysts’ consensus estimates of $9.14 by $0.96. Charter Communications had a net margin of 8.52% and a return on equity of 28.73%. During the same quarter last year, the firm posted $7.07 earnings per share. Equities analysts expect that Charter Communications, Inc. will post 34.62 EPS for the current year.

Charter Communications 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.