Aviva PLC Buys 17,596 Shares of Charter Communications, Inc. (NASDAQ:CHTR)

Aviva PLC increased its position in shares of Charter Communications, Inc. (NASDAQ:CHTR) by 84.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 38,330 shares of the company’s stock after purchasing an additional 17,596 shares during the quarter. Aviva PLC’s holdings in Charter Communications were worth $13,138,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of CHTR. Avior Wealth Management LLC lifted its holdings in shares of Charter Communications by 104.7% during the 4th quarter. Avior Wealth Management LLC now owns 88 shares of the company’s stock worth $30,000 after acquiring an additional 45 shares during the period. Sierra Ocean LLC acquired a new position in Charter Communications during the fourth quarter valued at approximately $32,000. Generali Asset Management SPA SGR bought a new stake in Charter Communications during the fourth quarter worth $36,000. Brown Brothers Harriman & Co. boosted its holdings in shares of Charter Communications by 37.7% in the 4th quarter. Brown Brothers Harriman & Co. now owns 106 shares of the company’s stock valued at $36,000 after purchasing an additional 29 shares in the last quarter. Finally, Wingate Wealth Advisors Inc. bought a new position in shares of Charter Communications in the 4th quarter valued at $45,000. 81.76% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

CHTR has been the subject of several recent analyst reports. Barclays upped their price objective on Charter Communications from $315.00 to $320.00 and gave the stock an “underweight” rating in a research report on Monday, February 3rd. Royal Bank of Canada raised their price target on shares of Charter Communications from $380.00 to $385.00 and gave the company a “sector perform” rating in a research note on Monday, February 3rd. Benchmark reiterated a “buy” rating and set a $450.00 price objective on shares of Charter Communications in a research report on Friday, January 31st. StockNews.com lowered shares of Charter Communications from a “buy” rating to a “hold” rating in a research report on Friday. Finally, KeyCorp upgraded shares of Charter Communications from a “sector weight” rating to an “overweight” rating and set a $500.00 price target for the company in a report on Thursday, December 12th. Four equities research analysts have rated the stock with a sell rating, nine have given a hold rating and six have given a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $393.18.

Charter Communications Trading Down 1.6 %

NASDAQ:CHTR opened at $332.89 on Tuesday. Charter Communications, Inc. has a 52 week low of $236.08 and a 52 week high of $415.27. The company has a debt-to-equity ratio of 4.73, a quick ratio of 0.31 and a current ratio of 0.31. The firm’s fifty day moving average is $359.87 and its 200-day moving average is $357.76. The firm has a market cap of $47.25 billion, a P/E ratio of 9.52, a P/E/G ratio of 0.44 and a beta of 1.13.

Charter Communications (NASDAQ:CHTR) last issued 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 net margin of 9.23% and a return on equity of 29.01%. During the same quarter in the previous year, the company earned $7.07 EPS. Equities analysts expect 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.