Banco Santander S.A. Has $502,000 Holdings in Charter Communications, Inc. (NASDAQ:CHTR)

Banco Santander S.A. grew its holdings in Charter Communications, Inc. (NASDAQ:CHTR) by 38.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,550 shares of the company’s stock after purchasing an additional 427 shares during the period. Banco Santander S.A.’s holdings in Charter Communications were worth $502,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. Pzena Investment Management LLC boosted its position in Charter Communications by 6.1% during the second quarter. Pzena Investment Management LLC now owns 3,023,589 shares of the company’s stock valued at $903,932,000 after purchasing an additional 175,130 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Charter Communications by 10.9% during the 2nd quarter. Dimensional Fund Advisors LP now owns 712,550 shares of the company’s stock valued at $212,998,000 after buying an additional 69,959 shares during the last quarter. First Pacific Advisors LP increased its holdings in Charter Communications by 2.0% in the second quarter. First Pacific Advisors LP now owns 612,604 shares of the company’s stock worth $183,144,000 after buying an additional 12,218 shares during the last quarter. Cryder Capital Partners LLP increased its holdings in Charter Communications by 8.0% in the third quarter. Cryder Capital Partners LLP now owns 533,036 shares of the company’s stock worth $172,746,000 after buying an additional 39,334 shares during the last quarter. Finally, First Eagle Investment Management LLC lifted its stake in Charter Communications by 172,425.2% in the second quarter. First Eagle Investment Management LLC now owns 348,501 shares of the company’s stock valued at $104,188,000 after acquiring an additional 348,299 shares during the last quarter. 81.76% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

CHTR has been the topic of several analyst reports. Rosenblatt Securities increased their price target on shares of Charter Communications from $292.00 to $329.00 and gave the stock a “neutral” rating in a research note on Monday, July 29th. Barclays increased their target price on shares of Charter Communications from $300.00 to $315.00 and gave the stock an “underweight” rating in a research report on Monday, November 4th. Bank of America upgraded Charter Communications from a “neutral” rating to a “buy” rating and upped their price target for the stock from $385.00 to $450.00 in a research note on Monday, November 4th. Wolfe Research downgraded Charter Communications from a “peer perform” rating to an “underperform” rating and set a $300.00 price objective on the stock. in a research note on Monday, September 30th. Finally, Raymond James cut Charter Communications from a “market perform” rating to an “underperform” rating in a research report on Monday, July 29th. Four equities research analysts have rated the stock with a sell rating, nine have given a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $379.06.

Charter Communications Stock Up 1.2 %

NASDAQ CHTR opened at $388.27 on Friday. Charter Communications, Inc. has a twelve month low of $236.08 and a twelve month high of $415.27. The stock has a market cap of $55.21 billion, a PE ratio of 12.16, a PEG ratio of 0.61 and a beta of 1.03. The firm has a 50-day simple moving average of $348.11 and a 200 day simple moving average of $325.46. 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 (NASDAQ:CHTR) last announced its quarterly earnings data on Friday, November 1st. The company reported $8.82 earnings per share for the quarter, topping the consensus estimate of $8.55 by $0.27. The company had revenue of $13.80 billion for the quarter, compared to analyst estimates of $13.66 billion. Charter Communications had a return on equity of 28.73% and a net margin of 8.52%. Charter Communications’s revenue for the quarter was up 1.6% compared to the same quarter last year. During the same quarter last year, the firm earned $8.25 EPS. On average, research analysts forecast that Charter Communications, Inc. will post 32.87 EPS for the current 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.