Charter Communications, Inc. $CHTR Holdings Boosted by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. raised its position in shares of Charter Communications, Inc. (NASDAQ:CHTR) by 562.8% during the 3rd quarter, Holdings Channel.com reports. The firm owned 328,457 shares of the company’s stock after acquiring an additional 278,898 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Charter Communications were worth $36,426,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of CHTR. TD Waterhouse Canada Inc. grew its holdings in shares of Charter Communications by 3,624.4% during the third quarter. TD Waterhouse Canada Inc. now owns 60,224 shares of the company’s stock valued at $6,679,000 after buying an additional 58,607 shares in the last quarter. Krilogy Financial LLC raised its position in Charter Communications by 278.6% during the third quarter. Krilogy Financial LLC now owns 21,293 shares of the company’s stock valued at $2,361,000 after buying an additional 15,669 shares during the period. Polianta Ltd purchased a new stake in Charter Communications in the 2nd quarter worth about $1,777,000. California First Leasing Corp lifted its stake in Charter Communications by 100.1% in the 1st quarter. California First Leasing Corp now owns 24,772 shares of the company’s stock worth $5,348,000 after acquiring an additional 12,390 shares in the last quarter. Finally, Quantinno Capital Management LP boosted its position in Charter Communications by 54.3% during the 1st quarter. Quantinno Capital Management LP now owns 45,828 shares of the company’s stock worth $9,893,000 after acquiring an additional 16,118 shares during the period. Hedge funds and other institutional investors own 81.76% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have weighed in on CHTR. Arete Research raised Charter Communications to a “strong sell” rating in a research note on Thursday, October 1st. Sanford C. Bernstein reissued a “market perform” rating and issued a $150.00 price target on shares of Charter Communications in a research report on Monday, July 27th. Citigroup decreased their price target on shares of Charter Communications from $190.00 to $180.00 and set a “buy” rating for the company in a report on Tuesday, July 28th. TD Cowen lowered their price objective on shares of Charter Communications from $413.00 to $380.00 and set a “buy” rating on the stock in a research report on Monday, July 27th. Finally, Wolfe Research reaffirmed an “underperform” rating and set a $118.00 price objective on shares of Charter Communications in a research report on Monday, September 14th. Five investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and seven have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Reduce” and an average price target of $202.53.

Charter Communications Stock Performance

Shares of NASDAQ CHTR opened at $111.77 on Friday. The business’s 50-day moving average price is $129.37 and its two-hundred day moving average price is $146.29. The company has a debt-to-equity ratio of 4.32, a current ratio of 0.36 and a quick ratio of 0.36. Charter Communications, Inc. has a one year low of $101.63 and a one year high of $254.11. The company has a market capitalization of $13.33 billion, a P/E ratio of 2.90, a price-to-earnings-growth ratio of 0.23 and a beta of 0.70.

Charter Communications (NASDAQ:CHTR) last issued its earnings results on Friday, July 24th. The company reported $10.66 earnings per share for the quarter, topping the consensus estimate of $9.98 by $0.68. The company had revenue of $13.53 billion for the quarter, compared to analyst estimates of $13.51 billion. Charter Communications had a return on equity of 23.71% and a net margin of 9.05%. The business’s revenue was down 1.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $9.18 EPS. Analysts anticipate that Charter Communications, Inc. will post 42.92 earnings per share for the current fiscal year.

About Charter Communications

Charter Communications, Inc is a telecommunications and broadband services company that operates under the Spectrum brand. The company provides internet access, video entertainment, mobile communications and voice services to residential customers, as well as connectivity, data networking, cloud, security and other communications solutions to businesses and government organizations.

Charter operates one of the largest broadband networks in the United States, serving customers across dozens of states.