3,741 Shares in Charter Communications, Inc. $CHTR Acquired by Banque Cantonale Vaudoise

Banque Cantonale Vaudoise bought a new position in shares of Charter Communications, Inc. (NASDAQ:CHTR) in the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 3,741 shares of the company’s stock, valued at approximately $781,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Dodge & Cox increased its position in Charter Communications by 6.1% during the 3rd quarter. Dodge & Cox now owns 11,807,549 shares of the company’s stock worth $3,248,316,000 after purchasing an additional 681,063 shares in the last quarter. Vanguard Group Inc. increased its position in Charter Communications by 9.5% during the 4th quarter. Vanguard Group Inc. now owns 10,248,287 shares of the company’s stock worth $2,139,330,000 after purchasing an additional 885,935 shares in the last quarter. State Street Corp increased its position in Charter Communications by 22.7% during the 3rd quarter. State Street Corp now owns 7,961,695 shares of the company’s stock worth $2,190,302,000 after purchasing an additional 1,475,383 shares in the last quarter. First Eagle Investment Management LLC increased its position in Charter Communications by 119.6% during the 4th quarter. First Eagle Investment Management LLC now owns 2,969,507 shares of the company’s stock worth $619,885,000 after purchasing an additional 1,617,148 shares in the last quarter. Finally, Invesco Ltd. increased its position in Charter Communications by 30.3% during the 3rd quarter. Invesco Ltd. now owns 2,407,731 shares of the company’s stock worth $662,379,000 after purchasing an additional 559,361 shares in the last quarter. Institutional investors and hedge funds own 81.76% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently issued reports on CHTR shares. Williams Trading set a $437.00 target price on shares of Charter Communications in a research report on Monday, February 2nd. JPMorgan Chase & Co. initiated coverage on shares of Charter Communications in a research report on Wednesday, April 29th. They set a “neutral” rating and a $215.00 target price for the company. Sanford C. Bernstein lowered their price objective on shares of Charter Communications from $220.00 to $210.00 and set a “market perform” rating for the company in a research report on Monday, April 27th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Charter Communications in a research report on Friday, March 27th. Finally, Benchmark lowered their price objective on shares of Charter Communications from $455.00 to $435.00 and set a “buy” rating for the company in a research report on Thursday, April 23rd. Five equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and six have given a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Reduce” and an average price target of $290.38.

Insider Activity at Charter Communications

In related news, Director Wade Davis purchased 5,728 shares of the firm’s stock in a transaction dated Tuesday, April 28th. The stock was acquired at an average price of $173.72 per share, with a total value of $995,068.16. Following the completion of the transaction, the director owned 6,925 shares of the company’s stock, valued at $1,203,011. This represents a 478.53% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Mauricio Ramos purchased 9,929 shares of the firm’s stock in a transaction dated Friday, May 15th. The shares were bought at an average cost of $140.93 per share, with a total value of $1,399,293.97. Following the transaction, the director directly owned 19,309 shares of the company’s stock, valued at approximately $2,721,217.37. This represents a 105.85% increase in their position. The SEC filing for this purchase provides additional information. Insiders acquired a total of 20,125 shares of company stock worth $3,167,116 over the last three months. 1.10% of the stock is owned by corporate insiders.

Charter Communications Stock Down 2.5%

Shares of NASDAQ:CHTR opened at $145.15 on Friday. The company has a quick ratio of 0.40, a current ratio of 0.40 and a debt-to-equity ratio of 4.56. Charter Communications, Inc. has a 52-week low of $136.63 and a 52-week high of $422.29. The company has a 50 day moving average of $196.70 and a two-hundred day moving average of $206.55. The company has a market capitalization of $17.85 billion, a price-to-earnings ratio of 3.92, a price-to-earnings-growth ratio of 0.26 and a beta of 0.76.

Charter Communications (NASDAQ:CHTR) last issued its quarterly earnings data on Friday, April 24th. The company reported $9.17 earnings per share (EPS) for the quarter, missing the consensus estimate of $10.01 by ($0.84). Charter Communications had a net margin of 9.03% and a return on equity of 24.20%. The firm had revenue of $13.60 billion during the quarter, compared to analyst estimates of $13.56 billion. During the same period last year, the business earned $8.42 EPS. The firm’s revenue was down 1.0% compared to the same quarter last year. As a group, analysts forecast that Charter Communications, Inc. will post 43 earnings per share for the current fiscal year.

About Charter Communications

Charter Communications, Inc is a U.S.-based telecommunications and mass media company that provides broadband communications and video services to residential and business customers. Operating primarily under the Spectrum brand, the company offers high-speed internet, cable television, digital voice (phone) and wireless services, as well as managed and enterprise networking solutions for commercial customers. Charter’s service portfolio targets both consumer and business markets with bundled and standalone offerings designed to meet streaming, connectivity and communications needs.

The company’s consumer-facing products include Spectrum Internet, Spectrum TV and Spectrum Voice, while Spectrum Mobile provides wireless service through arrangements with national wireless carriers.