Gulf International Bank UK Ltd Has $2.52 Million Position in Charter Communications, Inc. (NASDAQ:CHTR)

Gulf International Bank UK Ltd lowered its holdings in Charter Communications, Inc. (NASDAQ:CHTR) by 0.9% in the 4th quarter, HoldingsChannel.com reports. The firm owned 7,360 shares of the company’s stock after selling 67 shares during the quarter. Gulf International Bank UK Ltd’s holdings in Charter Communications were worth $2,522,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the business. Chemistry Wealth Management LLC grew its position in Charter Communications by 4.8% in the 4th quarter. Chemistry Wealth Management LLC now owns 660 shares of the company’s stock valued at $226,000 after purchasing an additional 30 shares during the period. US Bancorp DE lifted its stake in Charter Communications by 0.4% during the 3rd quarter. US Bancorp DE now owns 7,370 shares of the company’s stock valued at $2,388,000 after acquiring an additional 31 shares in the last quarter. Allworth Financial LP lifted its stake in Charter Communications by 16.4% during the 4th quarter. Allworth Financial LP now owns 256 shares of the company’s stock valued at $90,000 after acquiring an additional 36 shares in the last quarter. Brooklyn Investment Group lifted its stake in Charter Communications by 5.8% during the 4th quarter. Brooklyn Investment Group now owns 671 shares of the company’s stock valued at $230,000 after acquiring an additional 37 shares in the last quarter. Finally, Avior Wealth Management LLC lifted its stake in 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 acquiring an additional 45 shares in the last quarter. Institutional investors and hedge funds own 81.76% of the company’s stock.

Charter Communications Stock Up 1.3 %

CHTR stock opened at $363.57 on Friday. 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 has a market capitalization of $51.70 billion, a PE ratio of 10.40, a PEG ratio of 0.44 and a beta of 1.11. Charter Communications, Inc. has a twelve month low of $236.08 and a twelve month high of $415.27. The stock has a 50-day simple moving average of $352.29 and a two-hundred day simple moving average of $353.72.

Charter Communications (NASDAQ:CHTR) last posted its earnings results on Friday, February 7th. The company reported $10.10 earnings per share 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 last year, the firm posted $7.07 earnings per share. On average, equities analysts predict that Charter Communications, Inc. will post 38.16 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have weighed in on CHTR shares. KeyCorp upgraded Charter Communications from a “sector weight” rating to an “overweight” rating and set a $500.00 price objective on the stock in a research note on Thursday, December 12th. BNP Paribas upgraded Charter Communications from an “underperform” rating to a “neutral” rating and set a $360.00 price objective on the stock in a research note on Tuesday, November 26th. Royal Bank of Canada raised their price objective 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. Benchmark restated a “buy” rating and set a $450.00 price objective on shares of Charter Communications in a research note on Friday, January 31st. Finally, Pivotal Research lifted their target price on Charter Communications from $435.00 to $525.00 and gave the stock a “buy” rating in a research note on Monday, November 4th. Four analysts have rated the stock with a sell rating, ten have given a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $384.42.

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.