Atlas Capital Advisors Inc. Has $495,000 Stock Position in Charter Communications, Inc. (NASDAQ:CHTR)

Atlas Capital Advisors Inc. raised its holdings in Charter Communications, Inc. (NASDAQ:CHTR) by 1,961.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,443 shares of the company’s stock after purchasing an additional 1,373 shares during the quarter. Atlas Capital Advisors Inc.’s holdings in Charter Communications were worth $495,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Franklin Resources Inc. grew its holdings in shares of Charter Communications by 4.9% during the 3rd quarter. Franklin Resources Inc. now owns 3,179,454 shares of the company’s stock valued at $1,052,868,000 after purchasing an additional 148,003 shares during the last quarter. Norges Bank bought a new stake in shares of Charter Communications during the fourth quarter worth $1,032,236,000. Geode Capital Management LLC increased its holdings in shares of Charter Communications by 1.9% during the fourth quarter. Geode Capital Management LLC now owns 2,477,276 shares of the company’s stock worth $847,087,000 after buying an additional 45,045 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its stake in shares of Charter Communications by 130.1% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 1,078,175 shares of the company’s stock valued at $369,566,000 after acquiring an additional 609,554 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its holdings in shares of Charter Communications by 2.8% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 847,921 shares of the company’s stock valued at $290,642,000 after acquiring an additional 23,225 shares in the last quarter. Institutional investors own 81.76% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the company. StockNews.com downgraded Charter Communications from a “buy” rating to a “hold” rating in a research report on Friday. Benchmark reiterated a “buy” rating and set a $450.00 target price on shares of Charter Communications in a research report on Friday, January 31st. Citigroup initiated coverage on shares of Charter Communications in a research note on Friday, March 14th. They set a “buy” rating and a $425.00 price target for the company. Barclays boosted their price objective on shares of Charter Communications from $315.00 to $320.00 and gave the stock an “underweight” rating in a research note on Monday, February 3rd. Finally, KeyCorp raised Charter Communications from a “sector weight” rating to an “overweight” rating and set a $500.00 target price for the company in a research report on Thursday, December 12th. Four analysts have rated the stock with a sell rating, nine have given a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat, Charter Communications has a consensus rating of “Hold” and an average price target of $393.18.

Charter Communications Trading Down 8.2 %

NASDAQ:CHTR opened at $338.29 on Friday. Charter Communications, Inc. has a 12 month low of $236.08 and a 12 month high of $415.27. The company has a current ratio of 0.31, a quick ratio of 0.31 and a debt-to-equity ratio of 4.73. The stock has a market capitalization of $48.02 billion, a price-to-earnings ratio of 9.68, a PEG ratio of 0.44 and a beta of 1.12. The firm has a fifty day simple moving average of $360.56 and a two-hundred day simple moving average of $357.50.

Charter Communications (NASDAQ:CHTR) last issued its earnings results on Friday, February 7th. The company reported $10.10 EPS for the quarter, beating analysts’ consensus estimates of $9.14 by $0.96. Charter Communications had a return on equity of 29.01% and a net margin of 9.23%. During the same period last year, the business posted $7.07 earnings per share. Analysts expect that Charter Communications, Inc. will post 38.16 EPS for the current fiscal year.

About Charter Communications

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.