1,269 Shares in Charter Communications, Inc. (NASDAQ:CHTR) Bought by Rothschild Investment LLC

Rothschild Investment LLC purchased a new stake in Charter Communications, Inc. (NASDAQ:CHTR) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 1,269 shares of the company’s stock, valued at approximately $379,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in CHTR. Capital International Investors boosted its holdings in shares of Charter Communications by 53.6% in the 1st quarter. Capital International Investors now owns 10,558,651 shares of the company’s stock valued at $3,068,661,000 after buying an additional 3,685,451 shares during the last quarter. Pzena Investment Management LLC raised its position in Charter Communications by 96.5% during the first quarter. Pzena Investment Management LLC now owns 2,848,459 shares of the company’s stock worth $827,848,000 after acquiring an additional 1,399,034 shares in the last quarter. Norges Bank acquired a new stake in Charter Communications in the fourth quarter valued at $310,727,000. Parnassus Investments LLC grew its position in shares of Charter Communications by 40.1% in the 4th quarter. Parnassus Investments LLC now owns 1,620,542 shares of the company’s stock valued at $629,872,000 after acquiring an additional 463,968 shares during the period. Finally, Putnam Investments LLC increased its stake in shares of Charter Communications by 24.5% during the 4th quarter. Putnam Investments LLC now owns 1,233,243 shares of the company’s stock worth $479,337,000 after purchasing an additional 242,448 shares during the last quarter. 81.76% of the stock is owned by institutional investors.

Charter Communications Stock Down 1.1 %

Shares of CHTR opened at $347.54 on Monday. The company has a current ratio of 0.39, a quick ratio of 0.39 and a debt-to-equity ratio of 5.84. The stock has a market capitalization of $49.61 billion, a PE ratio of 11.24, a P/E/G ratio of 0.64 and a beta of 1.04. The firm’s 50 day moving average is $333.53 and its 200-day moving average is $297.78. Charter Communications, Inc. has a 12 month low of $236.08 and a 12 month high of $458.30.

Charter Communications (NASDAQ:CHTR) last released its earnings results on Friday, July 26th. The company reported $8.49 earnings per share for the quarter, beating analysts’ consensus estimates of $7.98 by $0.51. The firm had revenue of $13.69 billion during the quarter, compared to the consensus estimate of $13.59 billion. Charter Communications had a return on equity of 30.11% and a net margin of 8.51%. The company’s revenue was up .2% compared to the same quarter last year. During the same period in the prior year, the company posted $8.05 EPS. Equities research analysts forecast that Charter Communications, Inc. will post 32.52 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. Wells Fargo & Company raised their target price on shares of Charter Communications from $260.00 to $350.00 and gave the company an “equal weight” rating in a research note on Monday, July 29th. Citigroup raised their price objective on Charter Communications from $255.00 to $350.00 and gave the company a “sell” rating in a research report on Wednesday, July 31st. TD Cowen boosted their target price on Charter Communications from $488.00 to $525.00 and gave the stock a “buy” rating in a report on Monday, July 29th. Wolfe Research cut Charter Communications from an “outperform” rating to a “peer perform” rating in a research note on Wednesday, July 31st. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Charter Communications from $300.00 to $385.00 and gave the stock a “neutral” rating in a research report on Monday, July 29th. Four investment analysts have rated the stock with a sell rating, ten have given a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, Charter Communications has an average rating of “Hold” and a consensus target price of $360.93.

Charter Communications Company 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.