Charter Communications, Inc. (NASDAQ:CHTR) Shares Acquired by Yousif Capital Management LLC

Yousif Capital Management LLC boosted its position in Charter Communications, Inc. (NASDAQ:CHTR) by 1.7% in the 4th quarter, HoldingsChannel reports. The firm owned 15,536 shares of the company’s stock after purchasing an additional 267 shares during the period. Yousif Capital Management LLC’s holdings in Charter Communications were worth $5,325,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in CHTR. Sanctuary Advisors LLC purchased a new position in shares of Charter Communications during the second quarter valued at approximately $1,212,000. Czech National Bank lifted its stake in shares of Charter Communications by 5.9% during the 3rd quarter. Czech National Bank now owns 19,772 shares of the company’s stock worth $6,408,000 after purchasing an additional 1,108 shares during the period. Diversified Trust Co boosted its holdings in shares of Charter Communications by 6.4% during the third quarter. Diversified Trust Co now owns 883 shares of the company’s stock worth $286,000 after purchasing an additional 53 shares during the last quarter. Atomi Financial Group Inc. purchased a new stake in shares of Charter Communications in the third quarter valued at $276,000. Finally, Brookstone Capital Management increased its stake in Charter Communications by 116.7% in the third quarter. Brookstone Capital Management now owns 1,508 shares of the company’s stock valued at $489,000 after purchasing an additional 812 shares during the last quarter. 81.76% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

CHTR has been the subject of several recent analyst reports. Royal Bank of Canada lifted their price target on Charter Communications from $380.00 to $385.00 and gave the company a “sector perform” rating in a report on Monday. Deutsche Bank Aktiengesellschaft upped their price target on shares of Charter Communications from $340.00 to $365.00 and gave the stock a “hold” rating in a research report on Monday, November 4th. 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. Wells Fargo & Company increased their target price on Charter Communications from $350.00 to $400.00 and gave the stock an “equal weight” rating in a research report on Monday, November 4th. Finally, Benchmark reissued a “buy” rating and set a $450.00 price target on shares of Charter Communications in a research report on Friday, January 31st. Four analysts have rated the stock with a sell rating, ten have issued a hold rating and six have given a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $384.42.

Charter Communications Trading Up 2.4 %

Shares of CHTR opened at $353.31 on Friday. 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 one year low of $236.08 and a one year high of $415.27. The stock has a 50-day moving average price of $360.53 and a 200 day moving average price of $353.34. The company has a market capitalization of $50.24 billion, a P/E ratio of 10.11, a P/E/G ratio of 0.46 and a beta of 1.11.

Charter Communications (NASDAQ:CHTR) last released its quarterly earnings results on Friday, February 7th. The company reported $10.10 earnings per share for the quarter, topping 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 quarter in the prior year, the company earned $7.07 earnings per share. Sell-side analysts forecast that Charter Communications, Inc. will post 36.73 EPS for the current fiscal 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.