Callan Family Office LLC Buys Shares of 5,428 Charter Communications, Inc. (NASDAQ:CHTR)

Callan Family Office LLC bought a new stake in shares of Charter Communications, Inc. (NASDAQ:CHTR) in the fourth quarter, Holdings Channel reports. The fund bought 5,428 shares of the company’s stock, valued at approximately $1,861,000.

A number of other institutional investors and hedge funds have also made changes to their positions in CHTR. Stephens Inc. AR bought a new position in shares of Charter Communications during the third quarter valued at approximately $204,000. Farther Finance Advisors LLC increased its stake in shares of Charter Communications by 77.9% during the third quarter. Farther Finance Advisors LLC now owns 370 shares of the company’s stock valued at $120,000 after purchasing an additional 162 shares in the last quarter. Van ECK Associates Corp increased its stake in shares of Charter Communications by 6.0% during the third quarter. Van ECK Associates Corp now owns 931 shares of the company’s stock valued at $309,000 after purchasing an additional 53 shares in the last quarter. Principal Financial Group Inc. increased its stake in shares of Charter Communications by 2.3% during the third quarter. Principal Financial Group Inc. now owns 112,103 shares of the company’s stock valued at $36,330,000 after purchasing an additional 2,495 shares in the last quarter. Finally, Assetmark Inc. increased its stake in shares of Charter Communications by 14.6% during the third quarter. Assetmark Inc. now owns 4,809 shares of the company’s stock valued at $1,559,000 after purchasing an additional 611 shares in the last quarter. Institutional investors own 81.76% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on CHTR. Benchmark reiterated a “buy” rating and set a $450.00 price target on shares of Charter Communications in a report on Friday, January 31st. Barclays increased their price target on shares of Charter Communications from $315.00 to $320.00 and gave the company an “underweight” rating in a report on Monday, February 3rd. KeyCorp upgraded shares of Charter Communications from a “sector weight” rating to an “overweight” rating and set a $500.00 price target on the stock in a report on Thursday, December 12th. Royal Bank of Canada increased their price target on shares of Charter Communications from $380.00 to $385.00 and gave the company a “sector perform” rating in a report on Monday, February 3rd. Finally, BNP Paribas upgraded shares of Charter Communications from an “underperform” rating to a “neutral” rating and set a $360.00 price target on the stock in a report on Tuesday, November 26th. Four investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $384.42.

Charter Communications Trading Down 0.9 %

Shares of Charter Communications stock opened at $379.52 on Friday. The company’s fifty day simple moving average is $354.80 and its 200-day simple moving average is $354.49. The stock 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, Inc. has a 1-year low of $236.08 and a 1-year high of $415.27. The company has a debt-to-equity ratio of 4.73, a current ratio of 0.31 and a quick ratio of 0.31.

Charter Communications (NASDAQ:CHTR) last issued its quarterly earnings results on Friday, February 7th. The company reported $10.10 earnings per share for the quarter, topping the consensus estimate 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 quarter in the previous year, the firm posted $7.07 EPS. As a group, equities analysts anticipate that Charter Communications, Inc. will post 38.16 earnings per share for the current year.

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.