Charter Communications, Inc. (NASDAQ:CHTR) Shares Bought by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP grew its stake in Charter Communications, Inc. (NASDAQ:CHTR) by 21.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 900,849 shares of the company’s stock after purchasing an additional 161,547 shares during the quarter. Dimensional Fund Advisors LP owned approximately 0.63% of Charter Communications worth $308,795,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of CHTR. Avior Wealth Management LLC raised its stake in Charter Communications by 104.7% during the fourth quarter. Avior Wealth Management LLC now owns 88 shares of the company’s stock valued at $30,000 after buying an additional 45 shares in the last quarter. Sierra Ocean LLC acquired a new stake in shares of Charter Communications during the 4th quarter valued at approximately $32,000. Generali Asset Management SPA SGR bought a new position in Charter Communications during the fourth quarter worth $36,000. Brown Brothers Harriman & Co. boosted its holdings in Charter Communications by 37.7% in the fourth quarter. Brown Brothers Harriman & Co. now owns 106 shares of the company’s stock worth $36,000 after purchasing an additional 29 shares during the period. Finally, Wingate Wealth Advisors Inc. acquired a new position in Charter Communications in the fourth quarter worth $45,000. Institutional investors own 81.76% of the company’s stock.

Charter Communications Trading Up 1.9 %

Shares of NASDAQ:CHTR opened at $338.96 on Monday. Charter Communications, Inc. has a twelve month low of $236.08 and a twelve month high of $415.27. The firm has a market cap of $48.11 billion, a P/E ratio of 9.70, a P/E/G ratio of 0.44 and a beta of 1.13. The company has a 50 day moving average of $357.31 and a 200-day moving average of $358.43. 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 (NASDAQ:CHTR) last posted its quarterly earnings data on Friday, February 7th. The company reported $10.10 EPS for the quarter, topping 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 prior year, the firm posted $7.07 EPS. As a group, analysts anticipate that Charter Communications, Inc. will post 38.16 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on CHTR shares. BNP Paribas restated an “underperform” rating and issued a $290.00 price target on shares of Charter Communications in a research report on Thursday, April 10th. Wells Fargo & Company cut their target price on shares of Charter Communications from $400.00 to $380.00 and set an “equal weight” rating on the stock in a report on Monday, April 14th. Benchmark reaffirmed a “buy” rating and set a $450.00 target price on shares of Charter Communications in a report on Friday, January 31st. StockNews.com downgraded Charter Communications from a “buy” rating to a “hold” rating in a report on Saturday, April 12th. Finally, Citigroup began coverage on Charter Communications in a research note on Friday, March 14th. They set a “buy” rating and a $425.00 price objective for the company. Five research analysts have rated the stock with a sell rating, eight have issued a hold rating and six have given a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $387.88.

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.