Charter Communications, Inc. (NASDAQ:CHTR) Shares Acquired by Banque Cantonale Vaudoise

Banque Cantonale Vaudoise grew its stake in Charter Communications, Inc. (NASDAQ:CHTR – Get Rating) by 18.6% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 1,423 shares of the company’s stock after purchasing an additional 223 shares during the period. Banque Cantonale Vaudoise’s holdings in Charter Communications were worth $483,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of CHTR. Fairfield Bush & CO. purchased a new position in shares of Charter Communications in the 1st quarter valued at about $94,000. American Century Companies Inc. increased its stake in shares of Charter Communications by 10.6% in the 1st quarter. American Century Companies Inc. now owns 3,363 shares of the company’s stock valued at $1,834,000 after purchasing an additional 322 shares in the last quarter. Canada Pension Plan Investment Board increased its stake in Charter Communications by 12,010.0% during the 1st quarter. Canada Pension Plan Investment Board now owns 1,211 shares of the company’s stock worth $660,000 after buying an additional 1,201 shares in the last quarter. Cetera Investment Advisers increased its stake in Charter Communications by 4.5% during the 1st quarter. Cetera Investment Advisers now owns 860 shares of the company’s stock worth $469,000 after buying an additional 37 shares in the last quarter. Finally, Moors & Cabot Inc. increased its stake in Charter Communications by 19.4% during the 1st quarter. Moors & Cabot Inc. now owns 727 shares of the company’s stock worth $397,000 after buying an additional 118 shares in the last quarter. Hedge funds and other institutional investors own 66.05% of the company’s stock.

Charter Communications Stock Down 3.5 %

NASDAQ:CHTR opened at $319.66 on Friday. The company has a quick ratio of 0.33, a current ratio of 0.33 and a debt-to-equity ratio of 7.44. The stock’s fifty day moving average is $344.81 and its two-hundred day moving average is $362.49. Charter Communications, Inc. has a 52 week low of $297.66 and a 52 week high of $515.66. The stock has a market capitalization of $48.80 billion, a price-to-earnings ratio of 10.47, a price-to-earnings-growth ratio of 0.45 and a beta of 1.10.

Charter Communications (NASDAQ:CHTR – Get Rating) last posted its quarterly earnings data on Friday, April 28th. The company reported $6.65 earnings per share for the quarter, missing analysts’ consensus estimates of $7.21 by ($0.56). Charter Communications had a return on equity of 37.99% and a net margin of 8.95%. The company had revenue of $13.65 billion for the quarter, compared to analysts’ expectations of $13.61 billion. During the same period in the prior year, the company posted $6.90 EPS. The firm’s revenue was up 3.4% compared to the same quarter last year. Research analysts anticipate that Charter Communications, Inc. will post 30.66 EPS for the current year.

Wall Street Analyst Weigh In

CHTR has been the subject of several research reports. Citigroup boosted their price objective on Charter Communications from $400.00 to $425.00 and gave the stock a “neutral” rating in a research note on Tuesday, January 31st. StockNews.com started coverage on Charter Communications in a research note on Thursday, May 18th. They set a “hold” rating for the company. Pivotal Research dropped their price target on Charter Communications from $550.00 to $500.00 in a research report on Monday, May 1st. Loop Capital dropped their price target on Charter Communications from $405.00 to $390.00 in a research report on Tuesday, January 31st. Finally, Bank of America upped their price target on Charter Communications from $405.00 to $425.00 in a research report on Monday, May 1st. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and eleven have issued a buy rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $481.35.

Charter Communications Profile

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Charter Communications, Inc engages in the provision of broadband communications services. Its services include Spectrum TV, Spectrum Internet, and Spectrum Voice. The firm offers business-to-business Internet access, data networking, business telephone, video and music entertainment services, and wireless backhaul.