PYA Waltman Capital LLC Buys 315 Shares of Charter Communications, Inc. (NASDAQ:CHTR)

PYA Waltman Capital LLC lifted its position in shares of Charter Communications, Inc. (NASDAQ:CHTR) by 1.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 17,000 shares of the company’s stock after purchasing an additional 315 shares during the period. Charter Communications accounts for about 1.9% of PYA Waltman Capital LLC’s holdings, making the stock its 13th biggest position. PYA Waltman Capital LLC’s holdings in Charter Communications were worth $5,827,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Reston Wealth Management LLC bought a new stake in shares of Charter Communications in the third quarter valued at $26,000. Ashton Thomas Securities LLC bought a new position in shares of Charter Communications in the third quarter worth $28,000. Avior Wealth Management LLC raised its stake in shares of Charter Communications by 104.7% during the 4th quarter. Avior Wealth Management LLC now owns 88 shares of the company’s stock valued at $30,000 after purchasing an additional 45 shares during the period. Sierra Ocean LLC bought a new position in Charter Communications in the 4th quarter worth about $32,000. Finally, Wingate Wealth Advisors Inc. bought a new stake in shares of Charter Communications during the fourth quarter valued at about $45,000. Institutional investors own 81.76% of the company’s stock.

Analyst Ratings Changes

Several research firms recently issued reports on CHTR. Morgan Stanley lifted their price objective on Charter Communications from $360.00 to $415.00 and gave the company an “equal weight” rating in a research note on Monday, November 4th. Barclays upped their target price on shares of Charter Communications from $315.00 to $320.00 and gave the stock an “underweight” rating in a research report on Monday, February 3rd. Bank of America upgraded Charter Communications from a “neutral” rating to a “buy” rating and increased their price objective for the company from $385.00 to $450.00 in a research report on Monday, November 4th. Royal Bank of Canada boosted their target price on Charter Communications from $380.00 to $385.00 and gave the stock a “sector perform” rating in a research report on Monday, February 3rd. Finally, JPMorgan Chase & Co. lifted their price target on shares of Charter Communications from $385.00 to $400.00 and gave the stock a “neutral” rating in a research note on Monday, November 4th. Four investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $384.42.

Charter Communications Stock Performance

CHTR opened at $363.01 on Friday. The company has a market cap of $51.62 billion, a P/E ratio of 10.38, a price-to-earnings-growth ratio of 0.44 and a beta of 1.11. The company has a quick ratio of 0.31, a current ratio of 0.31 and a debt-to-equity ratio of 4.73. The firm’s 50-day moving average price is $352.91 and its 200-day moving average price is $353.66. Charter Communications, Inc. has a 52-week low of $236.08 and a 52-week high of $415.27.

Charter Communications (NASDAQ:CHTR) last posted its earnings results on Friday, February 7th. The company reported $10.10 EPS for the quarter, beating analysts’ consensus estimates of $9.14 by $0.96. Charter Communications had a return on equity of 29.01% and a net margin of 9.23%. During the same quarter in the previous year, the firm posted $7.07 EPS. As a group, equities analysts anticipate that Charter Communications, Inc. will post 38.16 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.