YHB Investment Advisors Inc. Has $919,000 Stock Position in Charter Communications, Inc. (NASDAQ:CHTR)

YHB Investment Advisors Inc. lessened its holdings in Charter Communications, Inc. (NASDAQ:CHTR) by 10.2% during the fourth quarter, HoldingsChannel reports. The fund owned 2,680 shares of the company’s stock after selling 303 shares during the quarter. YHB Investment Advisors Inc.’s holdings in Charter Communications were worth $919,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. Reston Wealth Management LLC purchased a new stake in shares of Charter Communications in the third quarter worth approximately $26,000. Ashton Thomas Securities LLC purchased a new stake in Charter Communications in the 3rd quarter valued at $28,000. Avior Wealth Management LLC raised its position in Charter Communications by 104.7% in the 4th quarter. Avior Wealth Management LLC now owns 88 shares of the company’s stock valued at $30,000 after buying an additional 45 shares during the last quarter. Grove Bank & Trust boosted its holdings in Charter Communications by 39.1% during the 3rd quarter. Grove Bank & Trust now owns 121 shares of the company’s stock worth $39,000 after acquiring an additional 34 shares during the last quarter. Finally, CVA Family Office LLC boosted its holdings in Charter Communications by 31.3% during the 3rd quarter. CVA Family Office LLC now owns 147 shares of the company’s stock worth $48,000 after acquiring an additional 35 shares during the last quarter. Institutional investors own 81.76% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the stock. KeyCorp raised shares of Charter Communications from a “sector weight” rating to an “overweight” rating and set a $500.00 price target on the stock in a research report on Thursday, December 12th. Deutsche Bank Aktiengesellschaft increased their target price on shares of Charter Communications from $340.00 to $365.00 and gave the company a “hold” rating in a research report on Monday, November 4th. Wells Fargo & Company upped their price objective on Charter Communications from $350.00 to $400.00 and gave the company an “equal weight” rating in a research note on Monday, November 4th. Bank of America raised Charter Communications from a “neutral” rating to a “buy” rating and raised their target price for the stock from $385.00 to $450.00 in a research report on Monday, November 4th. Finally, Morgan Stanley upped their price target on Charter Communications from $360.00 to $415.00 and gave the company an “equal weight” rating in a research report on Monday, November 4th. Four analysts have rated the stock with a sell rating, ten have given a hold rating and six have assigned a buy rating to the stock. According to MarketBeat, Charter Communications currently has a consensus rating of “Hold” and an average target price of $383.89.

Charter Communications Trading Down 0.6 %

Charter Communications stock opened at $365.38 on Wednesday. The company has a debt-to-equity ratio of 5.24, a quick ratio of 0.34 and a current ratio of 0.34. Charter Communications, Inc. has a fifty-two week low of $236.08 and a fifty-two week high of $415.27. The stock has a market cap of $51.96 billion, a P/E ratio of 11.44, a PEG ratio of 0.46 and a beta of 1.10. The firm’s fifty day moving average price is $366.06 and its 200-day moving average price is $352.32.

Charter Communications (NASDAQ:CHTR) last released its quarterly earnings results on Friday, November 1st. The company reported $8.82 earnings per share for the quarter, beating the consensus estimate of $8.55 by $0.27. Charter Communications had a return on equity of 28.73% and a net margin of 8.52%. The firm had revenue of $13.80 billion for the quarter, compared to analysts’ expectations of $13.66 billion. During the same quarter last year, the firm posted $8.25 EPS. The company’s revenue was up 1.6% compared to the same quarter last year. Equities research analysts forecast that Charter Communications, Inc. will post 34.62 earnings per share for the current fiscal year.

About Charter Communications

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.