Captrust Financial Advisors Has $402,000 Stock Holdings in Charter Communications, Inc. (NASDAQ:CHTR)

Captrust Financial Advisors grew its holdings in shares of Charter Communications, Inc. (NASDAQ:CHTR) by 7.3% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,240 shares of the company’s stock after buying an additional 84 shares during the quarter. Captrust Financial Advisors’ holdings in Charter Communications were worth $402,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in CHTR. Reston Wealth Management LLC bought a new stake in Charter Communications during the 3rd quarter worth approximately $26,000. Ashton Thomas Securities LLC purchased a new position in shares of Charter Communications during the third quarter valued at approximately $28,000. Grove Bank & Trust grew its holdings in Charter Communications by 39.1% during the third quarter. Grove Bank & Trust now owns 121 shares of the company’s stock worth $39,000 after buying an additional 34 shares in the last quarter. CVA Family Office LLC raised its position in Charter Communications by 31.3% in the 3rd quarter. CVA Family Office LLC now owns 147 shares of the company’s stock valued at $48,000 after buying an additional 35 shares during the last quarter. Finally, Capital Advisors Ltd. LLC lifted its stake in Charter Communications by 28.7% during the 3rd quarter. Capital Advisors Ltd. LLC now owns 157 shares of the company’s stock valued at $51,000 after acquiring an additional 35 shares in the last quarter. 81.76% of the stock is owned by institutional investors.

Charter Communications Price Performance

Charter Communications stock opened at $379.78 on Friday. The company has a debt-to-equity ratio of 5.24, a current ratio of 0.34 and a quick ratio of 0.34. Charter Communications, Inc. has a one year low of $236.08 and a one year high of $415.27. The firm has a market capitalization of $54.00 billion, a P/E ratio of 11.89, a PEG ratio of 0.60 and a beta of 1.08. The business has a fifty day moving average price of $366.42 and a 200-day moving average price of $337.25.

Charter Communications (NASDAQ:CHTR) last posted its earnings results on Friday, November 1st. The company reported $8.82 earnings per share for the quarter, beating analysts’ consensus estimates of $8.55 by $0.27. Charter Communications had a return on equity of 28.73% and a net margin of 8.52%. The business had revenue of $13.80 billion during the quarter, compared to analyst estimates of $13.66 billion. During the same quarter in the previous year, the firm earned $8.25 EPS. The company’s quarterly revenue was up 1.6% compared to the same quarter last year. As a group, equities research analysts forecast that Charter Communications, Inc. will post 32.87 EPS for the current year.

Wall Street Analyst Weigh In

CHTR has been the subject of several analyst reports. Deutsche Bank Aktiengesellschaft increased their target price on shares of Charter Communications from $340.00 to $365.00 and gave the company a “hold” rating in a report on Monday, November 4th. Barclays lifted their target price on shares of Charter Communications from $300.00 to $315.00 and gave the stock an “underweight” rating in a research report on Monday, November 4th. Benchmark upped their target price on Charter Communications from $440.00 to $450.00 and gave the company a “buy” rating in a report on Tuesday, November 5th. Morgan Stanley lifted their price target on Charter Communications from $360.00 to $415.00 and gave the stock an “equal weight” rating in a report on Monday, November 4th. Finally, Royal Bank of Canada upped their price objective on Charter Communications from $345.00 to $390.00 and gave the company a “sector perform” rating in a research note on Monday, November 4th. Four analysts have rated the stock with a sell rating, ten have issued a hold rating and six have given a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $384.42.

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.