Boston Trust Walden Corp Has $8.25 Million Stock Position in Charter Communications, Inc. (NASDAQ:CHTR)

Boston Trust Walden Corp lessened its position in shares of Charter Communications, Inc. (NASDAQ:CHTR) by 4.2% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 22,391 shares of the company’s stock after selling 971 shares during the quarter. Boston Trust Walden Corp’s holdings in Charter Communications were worth $8,252,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the company. ST Germain D J Co. Inc. raised its position in shares of Charter Communications by 1,283.3% in the 1st quarter. ST Germain D J Co. Inc. now owns 83 shares of the company’s stock valued at $31,000 after acquiring an additional 77 shares during the period. Generali Asset Management SPA SGR bought a new stake in shares of Charter Communications in the fourth quarter valued at about $36,000. Brown Brothers Harriman & Co. boosted its position in Charter Communications by 37.7% during the 4th quarter. Brown Brothers Harriman & Co. now owns 106 shares of the company’s stock worth $36,000 after acquiring an additional 29 shares during the last quarter. NBC Securities Inc. acquired a new position in Charter Communications during the first quarter worth $47,000. Finally, Union Bancaire Privee UBP SA acquired a new position in Charter Communications during the fourth quarter valued at approximately $55,000. Institutional investors own 81.76% of the company’s stock.

Analyst Upgrades and Downgrades

CHTR has been the topic of several analyst reports. Sanford C. Bernstein lowered shares of Charter Communications from an “outperform” rating to a “market perform” rating and set a $410.00 price target on the stock. in a research report on Monday, June 2nd. Loop Capital raised shares of Charter Communications from a “hold” rating to a “buy” rating and upped their target price for the company from $430.00 to $510.00 in a report on Monday, May 19th. Raymond James Financial upgraded Charter Communications from an “underperform” rating to a “market perform” rating in a report on Monday, May 19th. Citigroup upped their price objective on Charter Communications from $425.00 to $445.00 and gave the company a “buy” rating in a research note on Monday, April 28th. Finally, BNP Paribas reiterated an “underperform” rating and set a $290.00 target price on shares of Charter Communications in a research note on Thursday, April 10th. Three equities research analysts have rated the stock with a sell rating, ten have given a hold rating and nine have issued a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $410.20.

Charter Communications Trading Up 2.4%

CHTR stock opened at $386.37 on Friday. Charter Communications, Inc. has a 52 week low of $282.18 and a 52 week high of $437.06. The company has a market capitalization of $54.23 billion, a PE ratio of 10.78, a price-to-earnings-growth ratio of 0.41 and a beta of 1.07. The company’s 50-day simple moving average is $386.49 and its 200 day simple moving average is $367.86. The company has a debt-to-equity ratio of 4.54, a quick ratio of 0.36 and a current ratio of 0.36.

Charter Communications (NASDAQ:CHTR) last announced its earnings results on Friday, April 25th. The company reported $8.42 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $8.70 by ($0.28). The business had revenue of $13.74 billion for the quarter, compared to analyst estimates of $13.67 billion. Charter Communications had a return on equity of 27.70% and a net margin of 9.42%. The business’s revenue for the quarter was up .4% on a year-over-year basis. During the same quarter in the previous year, the company earned $7.55 EPS. As a group, sell-side analysts anticipate that Charter Communications, Inc. will post 38.16 earnings per share for the current year.

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.