Generali Asset Management SPA SGR Acquires Shares of 105 Charter Communications, Inc. (NASDAQ:CHTR)

Generali Asset Management SPA SGR acquired a new stake in Charter Communications, Inc. (NASDAQ:CHTR) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 105 shares of the company’s stock, valued at approximately $36,000.

Other institutional investors also recently bought and sold shares of the company. Atria Investments Inc increased its stake in shares of Charter Communications by 46.3% during the third quarter. Atria Investments Inc now owns 1,121 shares of the company’s stock worth $363,000 after acquiring an additional 355 shares during the period. Thrivent Financial for Lutherans increased its stake in shares of Charter Communications by 146.3% during the third quarter. Thrivent Financial for Lutherans now owns 9,734 shares of the company’s stock worth $3,154,000 after acquiring an additional 5,782 shares during the period. Quest Partners LLC acquired a new position in shares of Charter Communications during the third quarter worth about $616,000. Pathstone Holdings LLC increased its stake in shares of Charter Communications by 5.0% during the third quarter. Pathstone Holdings LLC now owns 9,277 shares of the company’s stock worth $3,006,000 after acquiring an additional 440 shares during the period. Finally, B. Metzler seel. Sohn & Co. Holding AG acquired a new position in shares of Charter Communications during the third quarter worth about $1,297,000. 81.76% of the stock is currently owned by institutional investors and hedge funds.

Charter Communications Stock Performance

Shares of CHTR opened at $363.81 on Friday. The company has a debt-to-equity ratio of 4.73, a quick ratio of 0.31 and a current ratio of 0.31. The company has a market capitalization of $51.73 billion, a price-to-earnings ratio of 10.41, a PEG ratio of 0.44 and a beta of 1.13. The company’s 50 day simple moving average is $356.74 and its 200 day simple moving average is $354.94. Charter Communications, Inc. has a 1 year low of $236.08 and a 1 year high of $415.27.

Charter Communications (NASDAQ:CHTR) last announced its quarterly earnings data on Friday, February 7th. The company reported $10.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $9.14 by $0.96. Charter Communications had a net margin of 9.23% and a return on equity of 29.01%. During the same quarter in the prior year, the business earned $7.07 EPS. On average, sell-side analysts predict that Charter Communications, Inc. will post 38.16 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the stock. Benchmark reiterated a “buy” rating and set a $450.00 price target on shares of Charter Communications in a research note on Friday, January 31st. Barclays upped their target price on shares of Charter Communications from $315.00 to $320.00 and gave the stock an “underweight” rating in a research report on Monday, February 3rd. Citigroup began coverage on shares of Charter Communications in a research report on Friday, March 14th. They set a “buy” rating and a $425.00 target price on the stock. BNP Paribas upgraded shares of Charter Communications from an “underperform” rating to a “neutral” rating and set a $360.00 target price on the stock in a research report on Tuesday, November 26th. Finally, StockNews.com upgraded shares of Charter Communications from a “hold” rating to a “buy” rating in a research report on Tuesday. Four equities research analysts have rated the stock with a sell rating, nine have given a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $389.39.

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.