Jackson Creek Investment Advisors LLC Grows Stock Position in Charter Communications, Inc. (NASDAQ:CHTR)

Jackson Creek Investment Advisors LLC lifted its stake in shares of Charter Communications, Inc. (NASDAQ:CHTR) by 17.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 735 shares of the company’s stock after purchasing an additional 110 shares during the quarter. Jackson Creek Investment Advisors LLC’s holdings in Charter Communications were worth $252,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the stock. Chemistry Wealth Management LLC raised its stake in shares of 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 last quarter. Jones Financial Companies Lllp raised its stake in shares of Charter Communications by 3.4% during the fourth quarter. Jones Financial Companies Lllp now owns 904 shares of the company’s stock worth $310,000 after purchasing an additional 30 shares during the last quarter. Keybank National Association OH raised its stake in shares of Charter Communications by 2.6% during the fourth quarter. Keybank National Association OH now owns 1,392 shares of the company’s stock worth $477,000 after purchasing an additional 35 shares during the last quarter. Allworth Financial LP raised its stake in shares of Charter Communications by 16.4% during the fourth quarter. Allworth Financial LP now owns 256 shares of the company’s stock worth $90,000 after purchasing an additional 36 shares during the last quarter. Finally, Brooklyn Investment Group raised its stake in shares of Charter Communications by 5.8% during the fourth quarter. Brooklyn Investment Group now owns 671 shares of the company’s stock worth $230,000 after purchasing an additional 37 shares during the last quarter. Hedge funds and other institutional investors own 81.76% of the company’s stock.

Charter Communications Stock Down 0.9 %

CHTR opened at $379.52 on Friday. The company has a quick ratio of 0.31, a current ratio of 0.31 and a debt-to-equity ratio of 4.73. The firm has a market cap of $53.97 billion, a P/E ratio of 10.86, a PEG ratio of 0.44 and a beta of 1.13. Charter Communications, Inc. has a 52 week low of $236.08 and a 52 week high of $415.27. The business’s fifty day simple moving average is $354.80 and its 200 day simple moving average is $354.54.

Charter Communications (NASDAQ:CHTR) last posted its quarterly earnings data 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 quarter last year, the company earned $7.07 EPS. As a group, equities research analysts anticipate that Charter Communications, Inc. will post 38.16 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have issued reports on the company. Barclays increased their price objective on Charter Communications from $315.00 to $320.00 and gave the stock an “underweight” rating in a research report on Monday, February 3rd. KeyCorp upgraded Charter Communications from a “sector weight” rating to an “overweight” rating and set a $500.00 price objective for the company in a research report on Thursday, December 12th. Royal Bank of Canada increased their price objective on Charter Communications from $380.00 to $385.00 and gave the stock a “sector perform” rating in a research report on Monday, February 3rd. Benchmark reiterated a “buy” rating and issued a $450.00 price objective on shares of Charter Communications in a research report on Friday, January 31st. Finally, BNP Paribas upgraded 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. Four investment analysts have rated the stock with a sell rating, ten have issued a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat.com, Charter Communications currently has a consensus rating of “Hold” and a consensus price target of $384.42.

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.