Metis Global Partners LLC Has $1.40 Million Stock Holdings in Charter Communications, Inc. (NASDAQ:CHTR)

Metis Global Partners LLC increased its stake in shares of Charter Communications, Inc. (NASDAQ:CHTR) by 4.2% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 4,317 shares of the company’s stock after acquiring an additional 175 shares during the period. Metis Global Partners LLC’s holdings in Charter Communications were worth $1,399,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Capital International Investors boosted its holdings 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 during the last quarter. Pzena Investment Management LLC lifted its stake in Charter Communications by 6.1% in the second quarter. Pzena Investment Management LLC now owns 3,023,589 shares of the company’s stock valued at $903,932,000 after acquiring an additional 175,130 shares during the last quarter. Dimensional Fund Advisors LP grew its position in shares of Charter Communications by 10.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 712,550 shares of the company’s stock valued at $212,998,000 after acquiring an additional 69,959 shares during the period. First Pacific Advisors LP increased its stake in shares of Charter Communications by 2.0% during the 2nd quarter. First Pacific Advisors LP now owns 612,604 shares of the company’s stock worth $183,144,000 after purchasing an additional 12,218 shares during the last quarter. Finally, Cryder Capital Partners LLP raised its holdings in shares of Charter Communications by 8.0% in the 3rd quarter. Cryder Capital Partners LLP now owns 533,036 shares of the company’s stock valued at $172,746,000 after purchasing an additional 39,334 shares during the period. 81.76% of the stock is owned by institutional investors and hedge funds.

Charter Communications Stock Down 1.2 %

CHTR stock opened at $389.57 on Friday. The company has a market cap of $55.40 billion, a PE ratio of 12.20, a price-to-earnings-growth ratio of 0.65 and a beta of 1.03. The company has a quick ratio of 0.34, a current ratio of 0.34 and a debt-to-equity ratio of 5.24. Charter Communications, Inc. has a 52 week low of $236.08 and a 52 week high of $421.16. The business has a 50-day simple moving average of $342.59 and a 200 day simple moving average of $320.79.

Charter Communications (NASDAQ:CHTR) last announced its quarterly earnings data on Friday, November 1st. The company reported $8.82 EPS for the quarter, beating the consensus estimate of $8.55 by $0.27. The business had revenue of $13.80 billion during the quarter, compared to the consensus estimate of $13.66 billion. Charter Communications had a net margin of 8.52% and a return on equity of 28.73%. The company’s revenue was up 1.6% on a year-over-year basis. During the same period in the previous year, the business earned $8.25 earnings per share. Sell-side analysts anticipate that Charter Communications, Inc. will post 32.87 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have weighed in on CHTR shares. Morgan Stanley boosted their price target on Charter Communications from $360.00 to $415.00 and gave the stock an “equal weight” rating in a research report on Monday, November 4th. Barclays boosted their target price on Charter Communications from $300.00 to $315.00 and gave the stock an “underweight” rating in a report on Monday, November 4th. Royal Bank of Canada raised their price target on Charter Communications from $345.00 to $390.00 and gave the company a “sector perform” rating in a report on Monday, November 4th. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Charter Communications from $340.00 to $365.00 and gave the company a “hold” rating in a research report on Monday, November 4th. Finally, TD Cowen lifted their target price on shares of Charter Communications from $488.00 to $525.00 and gave the stock a “buy” rating in a report on Monday, July 29th. Four investment analysts have rated the stock with a sell rating, nine have given a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $379.06.

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.