Hunting Hill Global Capital LLC Acquires New Holdings in Charter Communications, Inc. (NASDAQ:CHTR)

Hunting Hill Global Capital LLC bought a new position in Charter Communications, Inc. (NASDAQ:CHTR) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 700 shares of the company’s stock, valued at approximately $240,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in CHTR. Avior Wealth Management LLC raised its stake in 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 buying an additional 45 shares during the period. Sierra Ocean LLC bought a new stake in shares of Charter Communications in the fourth quarter worth about $32,000. Generali Asset Management SPA SGR acquired a new stake in shares of Charter Communications during the fourth quarter worth about $36,000. Brown Brothers Harriman & Co. lifted its holdings in shares of Charter Communications by 37.7% during 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. acquired a new position in shares of Charter Communications in the 4th quarter valued at approximately $45,000. 81.76% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

CHTR has been the topic of several research analyst reports. Barclays raised their target price on shares of Charter Communications from $315.00 to $320.00 and gave the stock an “underweight” rating in a report on Monday, February 3rd. Wells Fargo & Company dropped their price objective 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 reiterated a “buy” rating and set a $450.00 target price on shares of Charter Communications in a report on Friday, January 31st. BNP Paribas reissued an “underperform” rating and issued a $290.00 price target on shares of Charter Communications in a research note on Thursday, April 10th. Finally, Royal Bank of Canada upped their price objective on Charter Communications from $380.00 to $385.00 and gave the stock a “sector perform” rating in a research report on Monday, February 3rd. Five equities 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’s stock. Based on data from MarketBeat.com, Charter Communications presently has a consensus rating of “Hold” and a consensus price target of $387.88.

Charter Communications Stock Performance

Shares of CHTR stock opened at $338.96 on Monday. The company has a fifty day moving average price of $357.31 and a two-hundred day moving average price of $358.43. Charter Communications, Inc. has a one year low of $236.08 and a one year high of $415.27. The stock 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 debt-to-equity ratio of 4.73, a current ratio of 0.31 and a quick ratio of 0.31.

Charter Communications (NASDAQ:CHTR) last issued its 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 predict that Charter Communications, Inc. will post 38.16 EPS 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.