Charter Communications, Inc. (NASDAQ:CHTR) Stock Holdings Lifted by Aviance Capital Partners LLC

Aviance Capital Partners LLC increased its stake in shares of Charter Communications, Inc. (NASDAQ:CHTR) by 7.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 9,044 shares of the company’s stock after purchasing an additional 604 shares during the quarter. Aviance Capital Partners LLC’s holdings in Charter Communications were worth $3,100,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Chemistry Wealth Management LLC lifted its stake in Charter Communications by 4.8% in the fourth quarter. Chemistry Wealth Management LLC now owns 660 shares of the company’s stock valued at $226,000 after acquiring an additional 30 shares during the last quarter. Jones Financial Companies Lllp increased its position in Charter Communications by 3.4% during the fourth quarter. Jones Financial Companies Lllp now owns 904 shares of the company’s stock worth $310,000 after acquiring an additional 30 shares during the period. Keybank National Association OH increased its position in Charter Communications by 2.6% during the fourth quarter. Keybank National Association OH now owns 1,392 shares of the company’s stock worth $477,000 after acquiring an additional 35 shares during the period. Allworth Financial LP increased its position in Charter Communications by 16.4% during the fourth quarter. Allworth Financial LP now owns 256 shares of the company’s stock worth $90,000 after acquiring an additional 36 shares during the period. Finally, Brooklyn Investment Group increased its position in Charter Communications by 5.8% during the fourth quarter. Brooklyn Investment Group now owns 671 shares of the company’s stock worth $230,000 after acquiring an additional 37 shares during the period. 81.76% of the stock is currently owned by institutional investors and hedge funds.

Charter Communications Stock Performance

Charter Communications stock opened at $382.94 on Friday. The company has a current ratio of 0.31, a quick ratio of 0.31 and a debt-to-equity ratio of 4.73. Charter Communications, Inc. has a 1 year low of $236.08 and a 1 year high of $415.27. The company has a market cap of $54.45 billion, a PE ratio of 10.95, a PEG ratio of 0.44 and a beta of 1.13. The company’s 50-day moving average is $354.19 and its two-hundred day moving average is $354.32.

Charter Communications (NASDAQ:CHTR) last announced its quarterly earnings results on Friday, February 7th. The company reported $10.10 EPS for the quarter, beating analysts’ consensus estimates of $9.14 by $0.96. Charter Communications had a return on equity of 29.01% and a net margin of 9.23%. During the same period in the previous year, the firm posted $7.07 earnings per share. Equities analysts anticipate that Charter Communications, Inc. will post 38.16 earnings per share for the current year.

Analyst Upgrades and Downgrades

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