Rothschild Investment LLC Acquires Shares of 1,269 Charter Communications, Inc. (NASDAQ:CHTR)

Rothschild Investment LLC bought a new position in shares of Charter Communications, Inc. (NASDAQ:CHTR) in the second quarter, Holdings Channel.com reports. The firm bought 1,269 shares of the company’s stock, valued at approximately $379,000.

Other large investors have also recently modified their holdings of the company. CVA Family Office LLC boosted its holdings in Charter Communications by 5,500.0% in the 2nd quarter. CVA Family Office LLC now owns 112 shares of the company’s stock worth $33,000 after buying an additional 110 shares during the period. Cullen Frost Bankers Inc. grew its position in shares of Charter Communications by 769.2% in the fourth quarter. Cullen Frost Bankers Inc. now owns 113 shares of the company’s stock valued at $44,000 after purchasing an additional 100 shares in the last quarter. New Covenant Trust Company N.A. bought a new stake in shares of Charter Communications during the 1st quarter valued at $34,000. Riverview Trust Co purchased a new stake in Charter Communications during the 1st quarter worth about $40,000. Finally, Massmutual Trust Co. FSB ADV increased its position in shares of Charter Communications by 109.2% during the second quarter. Massmutual Trust Co. FSB ADV now owns 159 shares of the company’s stock valued at $48,000 after buying an additional 83 shares during the period. Hedge funds and other institutional investors own 81.76% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently commented on CHTR shares. JPMorgan Chase & Co. raised their price objective on shares of Charter Communications from $300.00 to $385.00 and gave the company a “neutral” rating in a research report on Monday, July 29th. Citigroup upped their price target on shares of Charter Communications from $255.00 to $350.00 and gave the stock a “sell” rating in a report on Wednesday, July 31st. Bank of America increased their price target on shares of Charter Communications from $360.00 to $385.00 and gave the stock a “neutral” rating in a report on Monday, July 29th. Wells Fargo & Company lifted their price target on Charter Communications from $260.00 to $350.00 and gave the stock an “equal weight” rating in a research note on Monday, July 29th. Finally, TD Cowen upped their target price on Charter Communications from $488.00 to $525.00 and gave the stock a “buy” rating in a research note on Monday, July 29th. Four analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $360.93.

Charter Communications Stock Down 1.1 %

Shares of NASDAQ:CHTR opened at $347.54 on Monday. Charter Communications, Inc. has a 1 year low of $236.08 and a 1 year high of $458.30. 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 stock’s 50-day moving average is $333.53 and its 200 day moving average is $297.78. The company has a market cap of $49.61 billion, a PE ratio of 11.24, a P/E/G ratio of 0.64 and a beta of 1.04.

Charter Communications (NASDAQ:CHTR) last announced its earnings results on Friday, July 26th. The company reported $8.49 EPS for the quarter, beating analysts’ consensus estimates 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 return on equity of 30.11% and a net margin of 8.51%. The firm’s revenue for the quarter was up .2% on a year-over-year basis. During the same quarter in the prior year, the company earned $8.05 earnings per share. Sell-side analysts anticipate that Charter Communications, Inc. will post 32.52 EPS for the current year.

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.