Cryder Capital Partners LLP Sells 874 Shares of Charter Communications, Inc. (NASDAQ:CHTR)

Cryder Capital Partners LLP decreased its holdings in Charter Communications, Inc. (NASDAQ:CHTR) by 0.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 532,162 shares of the company’s stock after selling 874 shares during the period. Charter Communications comprises 13.3% of Cryder Capital Partners LLP’s portfolio, making the stock its 2nd largest holding. Cryder Capital Partners LLP owned about 0.37% of Charter Communications worth $182,409,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the company. Chemistry Wealth Management LLC boosted its position in Charter Communications by 4.8% during the fourth quarter. Chemistry Wealth Management LLC now owns 660 shares of the company’s stock worth $226,000 after purchasing an additional 30 shares during the period. US Bancorp DE boosted its position in Charter Communications by 0.4% during the third quarter. US Bancorp DE now owns 7,370 shares of the company’s stock worth $2,388,000 after purchasing an additional 31 shares during the period. Grove Bank & Trust boosted its position 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 purchasing an additional 34 shares during the period. CVA Family Office LLC boosted its position in Charter Communications by 31.3% during the third quarter. CVA Family Office LLC now owns 147 shares of the company’s stock worth $48,000 after purchasing an additional 35 shares during the period. Finally, Capital Advisors Ltd. LLC boosted its position in Charter Communications by 28.7% during the third quarter. Capital Advisors Ltd. LLC now owns 157 shares of the company’s stock worth $51,000 after purchasing an additional 35 shares during the period. Institutional investors own 81.76% of the company’s stock.

Charter Communications Price Performance

Shares of CHTR stock opened at $347.84 on Monday. The stock has a 50-day moving average price of $358.81 and a 200 day moving average price of $353.82. The company has a quick ratio of 0.34, a current ratio of 0.31 and a debt-to-equity ratio of 4.73. The firm has a market cap of $49.46 billion, a price-to-earnings ratio of 9.95, a PEG ratio of 0.43 and a beta of 1.11. Charter Communications, Inc. has a 12 month low of $236.08 and a 12 month high of $415.27.

Charter Communications (NASDAQ:CHTR) last announced its quarterly earnings data on Friday, February 7th. The company reported $10.10 EPS for the quarter, topping 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 earned $7.07 earnings per share. Research analysts expect that Charter Communications, Inc. will post 38.16 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on CHTR shares. Deutsche Bank Aktiengesellschaft increased their price objective on Charter Communications from $340.00 to $365.00 and gave the company a “hold” rating in a research report on Monday, November 4th. Pivotal Research increased their price objective on Charter Communications from $435.00 to $525.00 and gave the company a “buy” rating in a research report on Monday, November 4th. BNP Paribas raised Charter Communications from an “underperform” rating to a “neutral” rating and set a $360.00 price objective for the company in a research report on Tuesday, November 26th. Wells Fargo & Company increased their price objective on Charter Communications from $350.00 to $400.00 and gave the company an “equal weight” rating in a research report on Monday, November 4th. Finally, Morgan Stanley upped their target price on Charter Communications from $360.00 to $415.00 and gave the company an “equal weight” 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 issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $384.42.

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.