Mirae Asset Global Investments Co. Ltd. Grows Stock Position in Charter Communications, Inc. $CHTR

Mirae Asset Global Investments Co. Ltd. raised its holdings in Charter Communications, Inc. (NASDAQ:CHTR) by 9.1% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 47,720 shares of the company’s stock after buying an additional 3,999 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in Charter Communications were worth $13,128,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Advisory Services Network LLC increased its position in Charter Communications by 3.8% during the second quarter. Advisory Services Network LLC now owns 1,028 shares of the company’s stock worth $420,000 after purchasing an additional 38 shares during the last quarter. Parkside Financial Bank & Trust grew its stake in shares of Charter Communications by 20.7% during the 2nd quarter. Parkside Financial Bank & Trust now owns 227 shares of the company’s stock valued at $93,000 after buying an additional 39 shares during the period. Occudo Quantitative Strategies LP increased its holdings in shares of Charter Communications by 1.4% during the 2nd quarter. Occudo Quantitative Strategies LP now owns 3,069 shares of the company’s stock worth $1,255,000 after buying an additional 41 shares during the last quarter. Orion Porfolio Solutions LLC raised its position in shares of Charter Communications by 1.7% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 2,417 shares of the company’s stock worth $988,000 after buying an additional 41 shares during the period. Finally, Rosenberg Matthew Hamilton boosted its holdings in Charter Communications by 15.2% in the second quarter. Rosenberg Matthew Hamilton now owns 318 shares of the company’s stock valued at $130,000 after acquiring an additional 42 shares during the last quarter. 81.76% of the stock is currently owned by hedge funds and other institutional investors.

Charter Communications Stock Up 7.6%

Shares of NASDAQ:CHTR opened at $206.12 on Friday. The company has a market capitalization of $26.67 billion, a price-to-earnings ratio of 5.72, a price-to-earnings-growth ratio of 0.53 and a beta of 1.06. The company has a 50 day moving average of $202.06 and a two-hundred day moving average of $243.78. Charter Communications, Inc. has a 52-week low of $180.38 and a 52-week high of $437.06. The company has a quick ratio of 0.37, a current ratio of 0.37 and a debt-to-equity ratio of 4.89.

Charter Communications (NASDAQ:CHTR) last announced its earnings results on Friday, January 30th. The company reported $10.34 earnings per share for the quarter, missing the consensus estimate of $10.40 by ($0.06). The firm had revenue of $13.60 billion during the quarter, compared to analysts’ expectations of $13.73 billion. Charter Communications had a net margin of 9.29% and a return on equity of 25.55%. Charter Communications’s revenue for the quarter was down 2.3% compared to the same quarter last year. During the same quarter last year, the company posted $10.10 earnings per share. As a group, analysts forecast that Charter Communications, Inc. will post 38.16 earnings per share for the current fiscal year.

Insider Buying and Selling at Charter Communications

In other news, Director David C. Merritt sold 1,200 shares of Charter Communications stock in a transaction dated Wednesday, November 5th. The stock was sold at an average price of $226.18, for a total transaction of $271,416.00. Following the sale, the director directly owned 10,146 shares of the company’s stock, valued at approximately $2,294,822.28. The trade was a 10.58% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.83% of the stock is owned by corporate insiders.

Charter Communications News Summary

Here are the key news stories impacting Charter Communications this week:

• Positive Sentiment: Charter reported a rare quarterly gain in pay-TV/video subscribers (added ~44,000) and shed fewer broadband customers than feared, which investors viewed as a sign of stabilizing customer trends. Read More.
• Positive Sentiment: Company results showed resilient EBITDA and free cash flow supported by mobile/Internet growth and cost controls; management flagged capex reductions that could free up roughly ~$2B of incremental FCF by 2027. These operational positives are a primary reason some bullish analysts call the shares undervalued. Read More.
• Neutral Sentiment: The full Q4 earnings release, slide deck and conference-call transcript are available for review — useful for digging into subscriber detail, margins and capex guidance. Read More.
• Neutral Sentiment: Charter added Wade Davis to its board; typically a governance/experience item with limited near-term stock impact but worth noting for institutional investors. Read More.
• Negative Sentiment: Charter missed consensus EPS ($10.34 vs $10.40) and revenue ($13.60B vs $13.73B); revenue fell ~2.3% year‑over‑year, partly due to a drop in political advertising — a revenue headwind. Read More.
• Negative Sentiment: Analyst sentiment is mixed-to-cautious: some shops have lowered recommendations or kept conservative ratings citing intensifying broadband competition and persistent revenue pressure. That keeps downside risk if subscriber trends reverse. Read More. and Read More.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on CHTR shares. Benchmark reissued a “buy” rating on shares of Charter Communications in a research report on Thursday. Oppenheimer cut Charter Communications from an “outperform” rating to a “market perform” rating in a report on Tuesday, November 4th. Weiss Ratings restated a “sell (d+)” rating on shares of Charter Communications in a report on Monday, December 29th. Citigroup reduced their price target on shares of Charter Communications from $325.00 to $310.00 and set a “buy” rating on the stock in a research report on Monday, November 3rd. Finally, Exane BNP Paribas reissued an “underperform” rating on shares of Charter Communications in a research report on Tuesday. Four equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and eight have given a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Reduce” and an average target price of $323.67.

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.