Guyasuta Investment Advisors Inc. Has $17.30 Million Stake in Charter Communications, Inc. (NASDAQ:CHTR)

Guyasuta Investment Advisors Inc. decreased its position in Charter Communications, Inc. (NASDAQ:CHTR) by 1.2% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 44,509 shares of the company’s stock after selling 560 shares during the period. Charter Communications comprises about 1.3% of Guyasuta Investment Advisors Inc.’s investment portfolio, making the stock its 25th biggest holding. Guyasuta Investment Advisors Inc.’s holdings in Charter Communications were worth $17,300,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Catalyst Capital Advisors LLC lifted its stake in shares of Charter Communications by 32.1% in the 3rd quarter. Catalyst Capital Advisors LLC now owns 111 shares of the company’s stock valued at $49,000 after purchasing an additional 27 shares during the last quarter. Parkside Financial Bank & Trust raised its holdings in Charter Communications by 9.8% in the 3rd quarter. Parkside Financial Bank & Trust now owns 313 shares of the company’s stock worth $138,000 after acquiring an additional 28 shares during the period. PDS Planning Inc raised its holdings in Charter Communications by 3.4% in the 3rd quarter. PDS Planning Inc now owns 870 shares of the company’s stock worth $383,000 after acquiring an additional 29 shares during the period. Aspiriant LLC raised its holdings in Charter Communications by 2.3% in the 4th quarter. Aspiriant LLC now owns 1,533 shares of the company’s stock worth $596,000 after acquiring an additional 35 shares during the period. Finally, Summit Trail Advisors LLC raised its holdings in Charter Communications by 2.2% in the 3rd quarter. Summit Trail Advisors LLC now owns 1,744 shares of the company’s stock worth $767,000 after acquiring an additional 37 shares during the period. Institutional investors and hedge funds own 81.76% of the company’s stock.

Analysts Set New Price Targets

CHTR has been the topic of several recent analyst reports. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Charter Communications from $375.00 to $320.00 and set a “hold” rating on the stock in a report on Tuesday, April 16th. Wells Fargo & Company reduced their price target on shares of Charter Communications from $340.00 to $290.00 and set an “equal weight” rating on the stock in a research report on Friday, April 5th. Pivotal Research reduced their target price on shares of Charter Communications from $450.00 to $400.00 and set a “buy” rating on the stock in a research report on Monday. UBS Group reduced their target price on shares of Charter Communications from $360.00 to $325.00 and set a “neutral” rating on the stock in a research report on Thursday, March 28th. Finally, Sanford C. Bernstein upgraded shares of Charter Communications from a “market perform” rating to an “outperform” rating and set a $370.00 target price on the stock in a research report on Monday, March 18th. One analyst has rated the stock with a sell rating, ten have assigned a hold rating and five have issued a buy rating to the stock. According to MarketBeat.com, Charter Communications currently has a consensus rating of “Hold” and an average price target of $358.47.

Charter Communications Trading Up 2.4 %

Shares of CHTR traded up $6.17 on Monday, reaching $260.78. 602,679 shares of the company’s stock were exchanged, compared to its average volume of 1,585,782. The business has a 50 day moving average price of $281.16 and a two-hundred day moving average price of $346.74. The company has a current ratio of 0.40, a quick ratio of 0.31 and a debt-to-equity ratio of 6.28. The stock has a market capitalization of $37.87 billion, a P/E ratio of 8.43, a price-to-earnings-growth ratio of 0.45 and a beta of 0.96. Charter Communications, Inc. has a 12 month low of $236.08 and a 12 month high of $458.30.

Charter Communications (NASDAQ:CHTR) last announced its quarterly earnings results on Friday, April 26th. The company reported $7.55 earnings per share (EPS) for the quarter, missing the consensus estimate of $7.78 by ($0.23). The firm had revenue of $13.68 billion during the quarter, compared to analyst estimates of $13.75 billion. Charter Communications had a net margin of 8.50% and a return on equity of 31.42%. Charter Communications’s quarterly revenue was up .2% on a year-over-year basis. During the same period last year, the firm earned $6.65 EPS. Research analysts anticipate that Charter Communications, Inc. will post 31.89 earnings per share for the current year.

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.