Healthcare of Ontario Pension Plan Trust Fund Sells 4,487 Shares of Charter Communications, Inc. $CHTR

Healthcare of Ontario Pension Plan Trust Fund trimmed its position in shares of Charter Communications, Inc. (NASDAQ:CHTR) by 10.4% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 38,621 shares of the company’s stock after selling 4,487 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund’s holdings in Charter Communications were worth $8,338,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in CHTR. Thompson Siegel & Walmsley LLC lifted its holdings in Charter Communications by 1,804.0% during the fourth quarter. Thompson Siegel & Walmsley LLC now owns 102,528 shares of the company’s stock worth $21,403,000 after acquiring an additional 97,143 shares during the period. Gateway Investment Advisers LLC purchased a new stake in shares of Charter Communications during the 4th quarter valued at $5,911,000. Norges Bank bought a new stake in shares of Charter Communications during the 4th quarter worth $555,383,000. First Eagle Investment Management LLC boosted its holdings in shares of Charter Communications by 119.6% in the 4th quarter. First Eagle Investment Management LLC now owns 2,969,507 shares of the company’s stock worth $619,885,000 after buying an additional 1,617,148 shares during the last quarter. Finally, Swiss Life Asset Management Ltd grew its position in Charter Communications by 110.7% during the fourth quarter. Swiss Life Asset Management Ltd now owns 31,239 shares of the company’s stock valued at $6,521,000 after buying an additional 16,415 shares during the period. Hedge funds and other institutional investors own 81.76% of the company’s stock.

Charter Communications Price Performance

Shares of NASDAQ:CHTR opened at $139.97 on Wednesday. The firm has a market capitalization of $17.21 billion, a PE ratio of 3.63, a P/E/G ratio of 0.24 and a beta of 0.71. The company has a quick ratio of 0.40, a current ratio of 0.36 and a debt-to-equity ratio of 4.32. The company has a 50-day moving average price of $135.78 and a two-hundred day moving average price of $182.80. Charter Communications, Inc. has a twelve month low of $111.55 and a twelve month high of $298.21.

Charter Communications (NASDAQ:CHTR) last posted its quarterly earnings results on Friday, July 24th. The company reported $10.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $9.98 by $0.68. The company had revenue of $13.53 billion for the quarter, compared to analyst estimates of $13.51 billion. Charter Communications had a net margin of 9.05% and a return on equity of 23.71%. The company’s quarterly revenue was down 1.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $9.18 earnings per share. Equities analysts forecast that Charter Communications, Inc. will post 41.14 EPS for the current year.

Insider Buying and Selling

In other Charter Communications news, Director Thomas Rutledge sold 69,633 shares of the business’s stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $144.45, for a total transaction of $10,058,486.85. Following the sale, the director owned 3,968 shares of the company’s stock, valued at $573,177.60. The trade was a 94.61% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Mauricio Ramos bought 9,929 shares of the company’s stock in a transaction on Friday, May 15th. The shares were bought at an average price of $140.93 per share, for a total transaction of $1,399,293.97. Following the transaction, the director owned 19,309 shares of the company’s stock, valued at approximately $2,721,217.37. This represents a 105.85% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. 1.10% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several brokerages have commented on CHTR. Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $150.00 price objective on shares of Charter Communications in a research report on Monday. Deutsche Bank Aktiengesellschaft lowered their price target on shares of Charter Communications from $235.00 to $215.00 and set a “hold” rating on the stock in a report on Monday, April 27th. The Goldman Sachs Group dropped their price objective on Charter Communications from $185.00 to $125.00 and set a “sell” rating on the stock in a research note on Thursday, July 2nd. BNP Paribas Exane reduced their price objective on Charter Communications from $150.00 to $120.00 and set an “underperform” rating for the company in a report on Tuesday, July 14th. Finally, JPMorgan Chase & Co. decreased their target price on Charter Communications from $215.00 to $200.00 and set a “neutral” rating for the company in a research report on Monday, July 20th. Five analysts have rated the stock with a Buy rating, eight have given a Hold rating and six have given a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Reduce” and a consensus target price of $230.00.

Charter Communications News Roundup

Here are the key news stories impacting Charter Communications this week:

• Positive Sentiment: Citigroup lowered its price target to $180 from $190 but maintained a Buy rating, implying substantial potential upside from recent trading levels. Benzinga analyst price target update
• Positive Sentiment: Brokerages’ consensus target price is reported at $249.12, indicating analysts collectively see considerable longer-term appreciation potential. Charter consensus price target
• Positive Sentiment: TD Cowen cut its target to $380 from $413 but retained a Buy rating. The call reflects a lower valuation outlook while still highlighting significant potential upside. TD Cowen price target update
• Positive Sentiment: Charter’s proposed nearly $20 billion debt exchange and new bond plan could extend maturities and reduce refinancing pressure, although the company remains highly leveraged. Charter debt exchange and bond plan
• Positive Sentiment: A bullish investment case points to a stressed valuation, strong free-cash-flow generation, mobile subscriber growth, network modernization and aggressive share repurchases. Charter Communications investment thesis
• Neutral Sentiment: RBC reduced its target to $150 from $160 and kept a Sector Perform rating, suggesting limited near-term conviction despite modest potential upside. RBC price target update
• Neutral Sentiment: Recent quarterly results exceeded EPS expectations, but revenue declined year over year, underscoring the contrast between strong cash generation and operational pressure.
• Negative Sentiment: Wells Fargo lowered its target to $101 from $160 and assigned an Underweight rating, citing downside risk. Wells Fargo price target update
• Negative Sentiment: Barclays cut its target to $115 from $130 and maintained an Underweight rating. Barclays price target update
• Negative Sentiment: Investor concerns include broadband customer attrition and intensifying fiber competition. Unusually high put-option activity also signals increased bearish hedging or speculation.

Charter Communications Profile

Charter Communications, Inc is a U.S.-based telecommunications and mass media company that provides broadband communications and video services to residential and business customers. Operating primarily under the Spectrum brand, the company offers high-speed internet, cable television, digital voice (phone) and wireless services, as well as managed and enterprise networking solutions for commercial customers. Charter’s service portfolio targets both consumer and business markets with bundled and standalone offerings designed to meet streaming, connectivity and communications needs.

The company’s consumer-facing products include Spectrum Internet, Spectrum TV and Spectrum Voice, while Spectrum Mobile provides wireless service through arrangements with national wireless carriers.