Axa S.A. Has $3.03 Million Stock Holdings in Charter Communications, Inc. (NASDAQ:CHTR)

Axa S.A. boosted its position in shares of Charter Communications, Inc. (NASDAQ:CHTR) by 8.0% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 10,138 shares of the company’s stock after buying an additional 748 shares during the quarter. Axa S.A.’s holdings in Charter Communications were worth $3,031,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of CHTR. Capital International Investors increased its position in shares of Charter Communications by 53.6% in the 1st quarter. Capital International Investors now owns 10,558,651 shares of the company’s stock valued at $3,068,661,000 after buying an additional 3,685,451 shares in the last quarter. Pzena Investment Management LLC lifted its stake in Charter Communications by 96.5% in the 1st quarter. Pzena Investment Management LLC now owns 2,848,459 shares of the company’s stock valued at $827,848,000 after purchasing an additional 1,399,034 shares during the last quarter. First Eagle Investment Management LLC lifted its stake in Charter Communications by 172,425.2% in the 2nd quarter. First Eagle Investment Management LLC now owns 348,501 shares of the company’s stock valued at $104,188,000 after purchasing an additional 348,299 shares during the last quarter. Putnam Investments LLC lifted its stake in Charter Communications by 24.5% in the 4th quarter. Putnam Investments LLC now owns 1,233,243 shares of the company’s stock valued at $479,337,000 after purchasing an additional 242,448 shares during the last quarter. Finally, Voyager Global Management LP lifted its stake in Charter Communications by 35.7% in the 4th quarter. Voyager Global Management LP now owns 475,000 shares of the company’s stock valued at $184,623,000 after purchasing an additional 125,000 shares during the last quarter. Institutional investors and hedge funds own 81.76% of the company’s stock.

Charter Communications Trading Up 2.9 %

NASDAQ:CHTR opened at $326.22 on Monday. The company has a debt-to-equity ratio of 5.84, a current ratio of 0.39 and a quick ratio of 0.39. The firm has a 50-day moving average of $344.58 and a 200-day moving average of $303.59. The company has a market cap of $46.99 billion, a PE ratio of 10.55, a PEG ratio of 0.61 and a beta of 1.05. Charter Communications, Inc. has a one year low of $236.08 and a one year high of $458.30.

Charter Communications (NASDAQ:CHTR) last posted its earnings results on Friday, July 26th. The company reported $8.49 EPS for the quarter, topping the consensus estimate of $7.98 by $0.51. The company had revenue of $13.69 billion during the quarter, compared to the consensus estimate of $13.59 billion. Charter Communications had a net margin of 8.51% and a return on equity of 30.11%. The firm’s revenue for the quarter was up .2% on a year-over-year basis. During the same period in the previous year, the firm posted $8.05 earnings per share. As a group, equities research analysts expect that Charter Communications, Inc. will post 32.52 EPS for the current fiscal year.

Analyst Ratings Changes

A number of brokerages recently issued reports on CHTR. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Charter Communications from $300.00 to $325.00 and gave the company a “hold” rating in a research note on Monday, July 29th. Bank of America boosted their target price on shares of Charter Communications from $360.00 to $385.00 and gave the company a “neutral” rating in a report on Monday, July 29th. Wolfe Research lowered shares of Charter Communications from an “outperform” rating to a “peer perform” rating in a report on Wednesday, July 31st. JPMorgan Chase & Co. boosted their target price on shares of Charter Communications from $300.00 to $385.00 and gave the company a “neutral” rating in a report on Monday, July 29th. Finally, The Goldman Sachs Group initiated coverage on shares of Charter Communications in a report on Monday, July 1st. They issued a “sell” rating and a $250.00 target price on the stock. Three equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $359.94.

Charter Communications Company 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.