4,566 Shares in Charter Communications, Inc. (NASDAQ:CHTR) Acquired by Lecap Asset Management Ltd.

Lecap Asset Management Ltd. bought a new position in shares of Charter Communications, Inc. (NASDAQ:CHTR) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 4,566 shares of the company’s stock, valued at approximately $1,565,000.

Several other large investors also recently bought and sold shares of CHTR. Reston Wealth Management LLC acquired a new position in shares of Charter Communications during the 3rd quarter worth approximately $26,000. Ashton Thomas Securities LLC acquired a new position in shares of Charter Communications in the third quarter worth $28,000. Avior Wealth Management LLC lifted its position in shares of Charter Communications by 104.7% in the fourth 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. Grove Bank & Trust boosted its stake in shares of Charter Communications by 39.1% during the third quarter. Grove Bank & Trust now owns 121 shares of the company’s stock valued at $39,000 after acquiring an additional 34 shares during the last quarter. Finally, CVA Family Office LLC boosted its stake in shares of Charter Communications by 31.3% during the third quarter. CVA Family Office LLC now owns 147 shares of the company’s stock valued at $48,000 after acquiring an additional 35 shares during the last quarter. Institutional investors and hedge funds own 81.76% of the company’s stock.

Charter Communications Price Performance

Shares of NASDAQ CHTR opened at $353.31 on Friday. The company has a quick ratio of 0.34, a current ratio of 0.31 and a debt-to-equity ratio of 4.73. Charter Communications, Inc. has a fifty-two week low of $236.08 and a fifty-two week high of $415.27. The business has a 50 day moving average price of $360.53 and a two-hundred day moving average price of $353.34. The firm has a market cap of $50.24 billion, a PE ratio of 10.11, a price-to-earnings-growth ratio of 0.46 and a beta of 1.11.

Charter Communications (NASDAQ:CHTR) last issued its quarterly earnings results on Friday, February 7th. The company reported $10.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $9.14 by $0.96. Charter Communications had a net margin of 9.23% and a return on equity of 29.01%. During the same period last year, the firm earned $7.07 earnings per share. Sell-side analysts expect that Charter Communications, Inc. will post 36.73 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have weighed in on CHTR shares. BNP Paribas raised Charter Communications from an “underperform” rating to a “neutral” rating and set a $360.00 price target on the stock in a research note on Tuesday, November 26th. Bank of America raised Charter Communications from a “neutral” rating to a “buy” rating and raised their price target for the stock from $385.00 to $450.00 in a research note on Monday, November 4th. KeyCorp raised shares of Charter Communications from a “sector weight” rating to an “overweight” rating and set a $500.00 price objective for the company in a research note on Thursday, December 12th. Morgan Stanley raised their target price on shares of Charter Communications from $360.00 to $415.00 and gave the stock an “equal weight” rating in a research report on Monday, November 4th. Finally, Pivotal Research upped their price target on shares of Charter Communications from $435.00 to $525.00 and gave the stock a “buy” rating in a research report on Monday, November 4th. Four research analysts have rated the stock with a sell rating, ten have issued a hold rating and six have given a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $384.42.

About Charter Communications

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.