New York State Common Retirement Fund Trims Stake in Charter Communications, Inc. $CHTR

New York State Common Retirement Fund lowered its position in Charter Communications, Inc. (NASDAQ:CHTR) by 6.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 50,356 shares of the company’s stock after selling 3,700 shares during the quarter. New York State Common Retirement Fund’s holdings in Charter Communications were worth $13,853,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. AQR Capital Management LLC increased its stake in Charter Communications by 129.1% in the 1st quarter. AQR Capital Management LLC now owns 11,875 shares of the company’s stock worth $4,356,000 after acquiring an additional 6,691 shares during the last quarter. Integrated Wealth Concepts LLC grew its holdings in shares of Charter Communications by 16.3% during the first quarter. Integrated Wealth Concepts LLC now owns 913 shares of the company’s stock worth $336,000 after purchasing an additional 128 shares in the last quarter. Jones Financial Companies Lllp increased its position in shares of Charter Communications by 48.1% in the first quarter. Jones Financial Companies Lllp now owns 1,339 shares of the company’s stock worth $493,000 after purchasing an additional 435 shares during the last quarter. Geneos Wealth Management Inc. raised its stake in Charter Communications by 141.0% in the first quarter. Geneos Wealth Management Inc. now owns 94 shares of the company’s stock valued at $35,000 after purchasing an additional 55 shares in the last quarter. Finally, Acadian Asset Management LLC lifted its position in Charter Communications by 451.1% during the first quarter. Acadian Asset Management LLC now owns 733 shares of the company’s stock valued at $270,000 after purchasing an additional 600 shares during the last quarter. Institutional investors own 81.76% of the company’s stock.

Charter Communications Stock Up 3.6%

CHTR opened at $213.61 on Tuesday. Charter Communications, Inc. has a 12 month low of $180.38 and a 12 month high of $437.06. The company has a current ratio of 0.39, a quick ratio of 0.37 and a debt-to-equity ratio of 4.65. The business’s 50-day moving average price is $202.35 and its 200-day moving average price is $240.64. The company has a market cap of $27.64 billion, a P/E ratio of 5.89, a P/E/G ratio of 0.57 and a beta of 1.05.

Charter Communications (NASDAQ:CHTR) last issued 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 company had revenue of $13.60 billion for the quarter, compared to analysts’ expectations of $13.73 billion. Charter Communications had a net margin of 9.10% and a return on equity of 24.63%. The company’s revenue was down 2.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $10.10 earnings per share. On average, equities analysts expect that Charter Communications, Inc. will post 38.16 EPS for the current year.

Key Headlines Impacting Charter Communications

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

• Positive Sentiment: TD Cowen raised its price target to $437 and maintained a “buy” rating — a large upside signal that supports upside momentum for the stock. TD Cowen raises PT to $437
• Positive Sentiment: Seeking Alpha published a bullish upgrade calling CHTR a “Strong Buy” at ~6x P/E, citing strong cash flow, aggressive buybacks, improving broadband trends, mobile growth and bundling benefits — supporting a narrative of undervaluation and earnings/cash conversion upside. Seeking Alpha upgrade
• Positive Sentiment: Several analysts raised forecasts after Q4 results, according to coverage — that follow mixed Q4 results but suggest analysts see better forward visibility (important for sentiment and target revisions). Analysts increase forecasts after Q4
• Neutral Sentiment: Globe and Mail ran a roundup of analyst insights on communication-services names including Charter — useful background perspective but not a single actionable change. Globe and Mail analyst roundup
• Neutral Sentiment: Short-interest data reported appears anomalous (shows zero/NaN) and currently conveys no clear bearish pressure signal — treat as non-informative until corrected.
• Negative Sentiment: Goldman Sachs cut its price target to $185 and assigned a “sell” rating — a meaningful negative signal that could cap near-term upside and weigh on sentiment. Goldman lowers PT to $185
• Negative Sentiment: Wells Fargo raised its target to $200 but kept an “underweight” rating, implying limited upside from current levels and continued caution from some institutional brokers. Wells Fargo raises PT but maintains underweight

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on CHTR shares. Oppenheimer lowered shares of Charter Communications from an “outperform” rating to a “market perform” rating in a report on Tuesday, November 4th. Royal Bank Of Canada reduced their target price on Charter Communications from $265.00 to $240.00 and set a “sector perform” rating on the stock in a research note on Friday, January 16th. Exane BNP Paribas reaffirmed an “underperform” rating on shares of Charter Communications in a research note on Tuesday, January 27th. Williams Trading set a $437.00 price objective on Charter Communications in a report on Monday. Finally, UBS Group set a $425.00 price objective on Charter Communications in a report on Thursday. Five investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and eight have issued a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Reduce” and an average target price of $338.47.

Insider Activity

In related news, Director David C. Merritt sold 1,200 shares of Charter Communications stock in a transaction on Wednesday, November 5th. The shares were sold at an average price of $226.18, for a total value of $271,416.00. Following the transaction, the director directly owned 10,146 shares of the company’s stock, valued at $2,294,822.28. The trade was a 10.58% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 0.83% of the company’s stock.

Charter Communications Profile

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.