Charter Communications, Inc. (NASDAQ:CHTR) Shares Purchased by Jackson Creek Investment Advisors LLC

Jackson Creek Investment Advisors LLC boosted its holdings in Charter Communications, Inc. (NASDAQ:CHTR) by 17.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 735 shares of the company’s stock after buying an additional 110 shares during the period. Jackson Creek Investment Advisors LLC’s holdings in Charter Communications were worth $252,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Ashton Thomas Securities LLC acquired a new stake in Charter Communications in the 3rd quarter worth about $28,000. Avior Wealth Management LLC raised its holdings in shares of Charter Communications by 104.7% in the 4th 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. Sierra Ocean LLC purchased a new position in shares of Charter Communications in the 4th quarter worth about $32,000. Wingate Wealth Advisors Inc. purchased a new position in shares of Charter Communications in the 4th quarter worth about $45,000. Finally, Union Bancaire Privee UBP SA purchased a new position in shares of Charter Communications in the 4th quarter worth about $55,000. 81.76% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on CHTR shares. Royal Bank of Canada raised their price objective on Charter Communications from $380.00 to $385.00 and gave the stock a “sector perform” rating in a report on Monday, February 3rd. 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 report on Thursday, December 12th. Barclays raised their price objective on Charter Communications from $315.00 to $320.00 and gave the stock an “underweight” rating in a report on Monday, February 3rd. Benchmark reiterated a “buy” rating and set a $450.00 target price on shares of Charter Communications in a report on Friday, January 31st. Finally, BNP Paribas upgraded Charter Communications from an “underperform” rating to a “neutral” rating and set a $360.00 target price on the stock in a report on Tuesday, November 26th. Four equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat.com, Charter Communications currently has an average rating of “Hold” and a consensus price target of $384.42.

Charter Communications Price Performance

CHTR stock opened at $379.52 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. Charter Communications, Inc. has a 52-week low of $236.08 and a 52-week high of $415.27. The stock’s 50 day moving average is $354.80 and its two-hundred day moving average is $354.54. The company has a market capitalization of $53.97 billion, a PE ratio of 10.86, a P/E/G ratio of 0.44 and a beta of 1.13.

Charter Communications (NASDAQ:CHTR) last posted its quarterly earnings data on Friday, February 7th. The company reported $10.10 earnings per share (EPS) for the quarter, topping the consensus estimate 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 prior year, the firm posted $7.07 EPS. Analysts predict that Charter Communications, Inc. will post 38.16 earnings per share 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.