Charles Carroll Financial Partners LLC Has $409,000 Holdings in Charter Communications, Inc. (NASDAQ:CHTR)

Charles Carroll Financial Partners LLC lowered its position in Charter Communications, Inc. (NASDAQ:CHTR) by 32.2% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 1,051 shares of the company’s stock after selling 500 shares during the period. Charles Carroll Financial Partners LLC’s holdings in Charter Communications were worth $409,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of CHTR. Sapient Capital LLC bought a new stake in shares of Charter Communications during the 4th quarter valued at about $376,000. Axxcess Wealth Management LLC boosted its holdings in shares of Charter Communications by 5.8% during the 4th quarter. Axxcess Wealth Management LLC now owns 660 shares of the company’s stock worth $257,000 after buying an additional 36 shares in the last quarter. Power Wealth Management LLC bought a new position in shares of Charter Communications during the 4th quarter worth approximately $375,000. Benjamin F. Edwards & Company Inc. acquired a new stake in shares of Charter Communications during the 4th quarter worth approximately $81,000. Finally, Amalgamated Bank increased its stake in shares of Charter Communications by 6.5% in the 4th quarter. Amalgamated Bank now owns 28,665 shares of the company’s stock valued at $11,142,000 after acquiring an additional 1,739 shares in the last quarter. 81.76% of the stock is owned by institutional investors.

Charter Communications Stock Up 1.5 %

NASDAQ:CHTR traded up $3.93 on Friday, hitting $265.93. The stock had a trading volume of 865,841 shares, compared to its average volume of 1,308,826. Charter Communications, Inc. has a 1 year low of $236.08 and a 1 year high of $458.30. The firm’s fifty day simple moving average is $277.79 and its two-hundred day simple moving average is $341.59. The stock has a market cap of $38.62 billion, a P/E ratio of 8.60, a price-to-earnings-growth ratio of 1.07 and a beta of 0.97. The company has a debt-to-equity ratio of 6.28, a quick ratio of 0.31 and a current ratio of 0.40.

Charter Communications (NASDAQ:CHTR) last issued its quarterly earnings results on Friday, April 26th. The company reported $7.55 EPS for the quarter, missing analysts’ consensus estimates of $7.78 by ($0.23). The business had revenue of $13.68 billion for the quarter, compared to the consensus estimate of $13.75 billion. Charter Communications had a return on equity of 31.42% and a net margin of 8.50%. The business’s revenue was up .2% compared to the same quarter last year. During the same quarter last year, the business posted $6.65 earnings per share. Analysts predict that Charter Communications, Inc. will post 32.02 earnings per share for the current year.

Analyst Ratings Changes

CHTR has been the subject of a number of research reports. Pivotal Research reduced their price target on shares of Charter Communications from $450.00 to $400.00 and set a “buy” rating for the company in a report on Monday, April 29th. JPMorgan Chase & Co. decreased their target price on Charter Communications from $370.00 to $335.00 and set a “neutral” rating for the company in a research report on Monday, April 1st. Sanford C. Bernstein upgraded Charter Communications from a “market perform” rating to an “outperform” rating and set a $370.00 price target on the stock in a report on Monday, March 18th. Wells Fargo & Company reduced their price objective on Charter Communications from $290.00 to $260.00 and set an “equal weight” rating for the company in a research note on Monday, April 29th. Finally, Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Charter Communications from $375.00 to $320.00 and set a “hold” rating on the stock in a report on Tuesday, April 16th. One analyst has rated the stock with a sell rating, ten have issued a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $356.47.

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.