Argyle Capital Management Inc. Has $412,000 Holdings in Charter Communications, Inc. (NASDAQ:CHTR)

Argyle Capital Management Inc. decreased its position in shares of Charter Communications, Inc. (NASDAQ:CHTR) by 6.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,270 shares of the company’s stock after selling 81 shares during the period. Argyle Capital Management Inc.’s holdings in Charter Communications were worth $412,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Savant Capital LLC lifted its holdings in Charter Communications by 1.7% during the 2nd quarter. Savant Capital LLC now owns 1,859 shares of the company’s stock worth $556,000 after buying an additional 31 shares in the last quarter. B. Riley Wealth Advisors Inc. increased its position in Charter Communications by 3.1% in the second quarter. B. Riley Wealth Advisors Inc. now owns 1,051 shares of the company’s stock worth $314,000 after purchasing an additional 32 shares during the period. Grove Bank & Trust raised its stake in shares of 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 buying an additional 34 shares during the last quarter. CVA Family Office LLC boosted its position in shares of 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 in the last quarter. Finally, Capital Advisors Ltd. LLC raised its stake in Charter Communications by 28.7% during the 3rd quarter. Capital Advisors Ltd. LLC now owns 157 shares of the company’s stock worth $51,000 after buying an additional 35 shares during the period. Institutional investors own 81.76% of the company’s stock.

Charter Communications Price Performance

Shares of NASDAQ:CHTR traded down $1.90 during trading on Tuesday, reaching $327.77. 195,571 shares of the company traded hands, compared to its average volume of 1,355,699. The firm has a market capitalization of $47.21 billion, a PE ratio of 10.66, a PEG ratio of 0.62 and a beta of 1.05. Charter Communications, Inc. has a 52 week low of $236.08 and a 52 week high of $424.86. The company has a quick ratio of 0.39, a current ratio of 0.39 and a debt-to-equity ratio of 5.84. The company’s 50 day moving average is $333.64 and its two-hundred day moving average is $310.12.

Charter Communications (NASDAQ:CHTR) last posted its quarterly earnings data on Friday, July 26th. The company reported $8.49 earnings per share for the quarter, topping the consensus estimate of $7.98 by $0.51. The business had revenue of $13.69 billion during the quarter, compared to analysts’ expectations of $13.59 billion. Charter Communications had a net margin of 8.51% and a return on equity of 30.11%. Charter Communications’s revenue was up .2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $8.05 earnings per share. As a group, sell-side analysts predict that Charter Communications, Inc. will post 32.42 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research firms have recently commented on CHTR. JPMorgan Chase & Co. raised their price target on Charter Communications from $300.00 to $385.00 and gave the stock a “neutral” rating in a research report on Monday, July 29th. Bank of America upped their price target on shares of Charter Communications from $360.00 to $385.00 and gave the company a “neutral” rating in a report on Monday, July 29th. Citigroup upgraded shares of Charter Communications from a “sell” rating to a “neutral” rating and set a $350.00 price objective on the stock in a report on Wednesday, September 11th. Wells Fargo & Company upped their target price on shares of 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, Pivotal Research lifted their price target on Charter Communications from $400.00 to $435.00 and gave the company a “buy” rating in a research note on Monday, July 29th. Four equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $356.41.

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.