Little House Capital LLC Sells 100 Shares of Charter Communications, Inc. (NASDAQ:CHTR)

Little House Capital LLC reduced its stake in shares of Charter Communications, Inc. (NASDAQ:CHTR) by 13.7% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 631 shares of the company’s stock after selling 100 shares during the quarter. Little House Capital LLC’s holdings in Charter Communications were worth $204,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of CHTR. Bessemer Group Inc. grew its holdings in shares of Charter Communications by 50.8% during the 1st quarter. Bessemer Group Inc. now owns 9,147 shares of the company’s stock worth $2,658,000 after acquiring an additional 3,080 shares during the period. AustralianSuper Pty Ltd bought a new position in Charter Communications in the 2nd quarter valued at approximately $7,171,000. FORA Capital LLC lifted its position in Charter Communications by 45.8% in the 1st quarter. FORA Capital LLC now owns 20,743 shares of the company’s stock valued at $6,029,000 after acquiring an additional 6,519 shares in the last quarter. Norden Group LLC bought a new position in Charter Communications in the 1st quarter valued at approximately $828,000. Finally, Cetera Investment Advisers lifted its position in Charter Communications by 432.3% in the 1st quarter. Cetera Investment Advisers now owns 7,399 shares of the company’s stock valued at $2,150,000 after acquiring an additional 6,009 shares in the last quarter. 81.76% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. Deutsche Bank Aktiengesellschaft upped their price objective on Charter Communications from $300.00 to $325.00 and gave the company a “hold” rating in a research report on Monday, July 29th. JPMorgan Chase & Co. upped their price objective on Charter Communications from $300.00 to $385.00 and gave the stock a “neutral” rating in a research note on Monday, July 29th. TD Cowen increased their price objective on shares of Charter Communications from $488.00 to $525.00 and gave the company a “buy” rating in a report on Monday, July 29th. The Goldman Sachs Group started coverage on shares of Charter Communications in a report on Monday, July 1st. They set a “sell” rating and a $250.00 price objective for the company. Finally, Royal Bank of Canada started coverage on shares of Charter Communications in a report on Thursday, September 19th. They set a “sector perform” rating and a $345.00 price objective for the company. Four equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $356.41.

Charter Communications Trading Down 2.7 %

NASDAQ CHTR traded down $8.94 during trading on Monday, hitting $316.67. The stock had a trading volume of 351,443 shares, compared to its average volume of 1,366,608. The company has a debt-to-equity ratio of 5.84, a quick ratio of 0.39 and a current ratio of 0.39. The stock has a market capitalization of $45.61 billion, a price-to-earnings ratio of 10.21, a P/E/G ratio of 0.62 and a beta of 1.05. Charter Communications, Inc. has a one year low of $236.08 and a one year high of $435.49. The stock has a 50 day simple moving average of $336.52 and a 200 day simple moving average of $307.57.

Charter Communications (NASDAQ:CHTR) last announced its quarterly earnings data on Friday, July 26th. The company reported $8.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $7.98 by $0.51. The business had revenue of $13.69 billion during the quarter, compared to the consensus estimate of $13.59 billion. Charter Communications had a net margin of 8.51% and a return on equity of 30.11%. The firm’s quarterly revenue was up .2% compared to the same quarter last year. During the same quarter last year, the firm earned $8.05 earnings per share. Sell-side analysts predict that Charter Communications, Inc. will post 32.42 earnings per share for the current year.

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.