Grantham Mayo Van Otterloo & Co. LLC Has $1.26 Million Stock Holdings in Charter Communications, Inc. (NASDAQ:CHTR)

Grantham Mayo Van Otterloo & Co. LLC lowered its position in Charter Communications, Inc. (NASDAQ:CHTR) by 42.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,662 shares of the company’s stock after selling 2,726 shares during the quarter. Grantham Mayo Van Otterloo & Co. LLC’s holdings in Charter Communications were worth $1,255,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also added to or reduced their stakes in the company. Lind Value II ApS acquired a new position in Charter Communications in the 4th quarter valued at approximately $9,743,000. Oddo BHF Asset Management Sas acquired a new stake in Charter Communications in the third quarter valued at $1,345,000. Caprock Group LLC raised its position in Charter Communications by 39.7% during the 4th quarter. Caprock Group LLC now owns 3,517 shares of the company’s stock worth $1,206,000 after purchasing an additional 999 shares during the last quarter. Franklin Resources Inc. lifted its holdings in Charter Communications by 4.9% during the 3rd quarter. Franklin Resources Inc. now owns 3,179,454 shares of the company’s stock worth $1,052,868,000 after buying an additional 148,003 shares during the period. Finally, Neo Ivy Capital Management bought a new stake in shares of Charter Communications in the 3rd quarter valued at about $2,402,000. Institutional investors own 81.76% of the company’s stock.

Charter Communications Trading Down 1.6 %

Shares of Charter Communications stock opened at $332.89 on Tuesday. The stock has a market capitalization of $47.25 billion, a PE ratio of 9.52, a price-to-earnings-growth ratio of 0.44 and a beta of 1.13. Charter Communications, Inc. has a 52 week low of $236.08 and a 52 week high of $415.27. The stock has a 50 day moving average price of $359.87 and a two-hundred day moving average price of $357.76. The company has a debt-to-equity ratio of 4.73, a quick ratio of 0.31 and a current ratio of 0.31.

Charter Communications (NASDAQ:CHTR) last posted its quarterly earnings results on Friday, February 7th. The company reported $10.10 earnings per share (EPS) for the quarter, beating the consensus estimate 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 period in the prior year, the company posted $7.07 earnings per share. As a group, equities analysts anticipate that Charter Communications, Inc. will post 38.16 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the company. KeyCorp upgraded Charter Communications from a “sector weight” rating to an “overweight” rating and set a $500.00 price objective for the company in a research report on Thursday, December 12th. Royal Bank of Canada boosted their price target on shares of Charter Communications from $380.00 to $385.00 and gave the stock a “sector perform” rating in a research report on Monday, February 3rd. Benchmark reaffirmed a “buy” rating and issued a $450.00 price objective on shares of Charter Communications in a research note on Friday, January 31st. Citigroup initiated coverage on shares of Charter Communications in a research note on Friday, March 14th. They set a “buy” rating and a $425.00 target price for the company. Finally, Barclays upped their price target on shares of Charter Communications from $315.00 to $320.00 and gave the company an “underweight” rating in a research report on Monday, February 3rd. Four research analysts have rated the stock with a sell rating, nine have given a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $393.18.

About Charter Communications

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.