Rothschild & Co Wealth Management UK Ltd Has $186.42 Million Stake in Charter Communications, Inc. (NASDAQ:CHTR)

Rothschild & Co Wealth Management UK Ltd lessened its position in shares of Charter Communications, Inc. (NASDAQ:CHTR) by 0.6% in the fourth quarter, HoldingsChannel reports. The fund owned 543,872 shares of the company’s stock after selling 3,191 shares during the period. Charter Communications accounts for approximately 3.3% of Rothschild & Co Wealth Management UK Ltd’s investment portfolio, making the stock its 10th largest holding. Rothschild & Co Wealth Management UK Ltd’s holdings in Charter Communications were worth $186,423,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Mercer Global Advisors Inc. ADV grew its holdings in Charter Communications by 8.2% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 3,712 shares of the company’s stock worth $1,110,000 after acquiring an additional 282 shares during the period. Intech Investment Management LLC grew its stake in Charter Communications by 150.8% in the 2nd quarter. Intech Investment Management LLC now owns 1,936 shares of the company’s stock valued at $579,000 after buying an additional 1,164 shares in the last quarter. EverSource Wealth Advisors LLC grew its position in shares of Charter Communications by 9.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 423 shares of the company’s stock valued at $126,000 after purchasing an additional 37 shares in the last quarter. Public Sector Pension Investment Board lifted its holdings in shares of Charter Communications by 70.1% during the 2nd quarter. Public Sector Pension Investment Board now owns 4,310 shares of the company’s stock worth $1,289,000 after acquiring an additional 1,776 shares during the last quarter. Finally, Bank of Montreal Can lifted its stake in Charter Communications by 3.2% in the second quarter. Bank of Montreal Can now owns 138,341 shares of the company’s stock worth $41,473,000 after purchasing an additional 4,288 shares during the last quarter. 81.76% of the stock is currently owned by institutional investors and hedge funds.

Charter Communications Stock Up 0.6 %

Shares of NASDAQ:CHTR opened at $352.80 on Thursday. The company has a market capitalization of $50.17 billion, a price-to-earnings ratio of 11.05, a P/E/G ratio of 0.51 and a beta of 1.10. The company has a debt-to-equity ratio of 5.24, a current ratio of 0.34 and a quick ratio of 0.34. The business’s 50-day moving average is $368.61 and its 200-day moving average is $350.45. Charter Communications, Inc. has a 1 year low of $236.08 and a 1 year high of $415.27.

Charter Communications (NASDAQ:CHTR) last posted its quarterly earnings data on Friday, November 1st. The company reported $8.82 EPS for the quarter, beating the consensus estimate of $8.55 by $0.27. Charter Communications had a return on equity of 28.73% and a net margin of 8.52%. The business had revenue of $13.80 billion for the quarter, compared to the consensus estimate of $13.66 billion. During the same quarter in the prior year, the business earned $8.25 earnings per share. Charter Communications’s revenue for the quarter was up 1.6% on a year-over-year basis. Equities research analysts predict that Charter Communications, Inc. will post 34.46 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on CHTR. Royal Bank of Canada cut their price target on shares of Charter Communications from $390.00 to $380.00 and set a “sector perform” rating on the stock in a report on Wednesday, January 15th. Morgan Stanley lifted their price objective on shares of Charter Communications from $360.00 to $415.00 and gave the stock an “equal weight” rating in a research note on Monday, November 4th. Benchmark raised their target price on shares of Charter Communications from $440.00 to $450.00 and gave the stock a “buy” rating in a report on Tuesday, November 5th. Wolfe Research downgraded Charter Communications from a “peer perform” rating to an “underperform” rating and set a $300.00 price objective on the stock. in a report on Monday, September 30th. Finally, Bank of America upgraded Charter Communications from a “neutral” rating to a “buy” rating and lifted their price target for the company from $385.00 to $450.00 in a report on Monday, November 4th. Four 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’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $383.89.

Charter Communications 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.