Toronto Dominion Bank reduced its stake in shares of Charter Communications, Inc. (NASDAQ:CHTR) by 55.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 84,522 shares of the company’s stock after selling 103,757 shares during the quarter. Toronto Dominion Bank’s holdings in Charter Communications were worth $28,396,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Colony Group LLC lifted its stake in shares of Charter Communications by 6.8% during the 2nd quarter. Colony Group LLC now owns 813 shares of the company’s stock worth $274,000 after purchasing an additional 52 shares during the last quarter. Raymond James Financial Services Advisors Inc. increased its position in Charter Communications by 2.1% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 3,880 shares of the company’s stock valued at $1,307,000 after buying an additional 80 shares in the last quarter. Hosking Partners LLP increased its position in Charter Communications by 0.6% during the 3rd quarter. Hosking Partners LLP now owns 28,001 shares of the company’s stock valued at $10,176,000 after buying an additional 156 shares in the last quarter. Aureus Asset Management LLC increased its position in Charter Communications by 0.4% during the 3rd quarter. Aureus Asset Management LLC now owns 44,829 shares of the company’s stock valued at $16,292,000 after buying an additional 172 shares in the last quarter. Finally, Sarasin & Partners LLP increased its position in Charter Communications by 0.4% during the 3rd quarter. Sarasin & Partners LLP now owns 50,129 shares of the company’s stock valued at $18,218,000 after buying an additional 177 shares in the last quarter. Hedge funds and other institutional investors own 72.01% of the company’s stock.

Several brokerages recently issued reports on CHTR. Barclays upped their target price on Charter Communications from $283.00 to $300.00 and gave the company an “underweight” rating in a research report on Monday, February 5th. TheStreet raised Charter Communications from a “c” rating to a “b+” rating in a research report on Friday, February 2nd. Pivotal Research reaffirmed a “buy” rating and set a $500.00 target price (up from $420.00) on shares of Charter Communications in a research report on Monday, February 5th. Zacks Investment Research lowered Charter Communications from a “hold” rating to a “sell” rating in a research report on Wednesday, February 7th. Finally, Wells Fargo & Co reaffirmed a “market perform” rating and set a $359.00 target price (up from $340.00) on shares of Charter Communications in a research report on Thursday, January 4th. Three equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and thirteen have assigned a buy rating to the stock. Charter Communications presently has a consensus rating of “Hold” and a consensus price target of $396.11.

In related news, EVP Jonathan Hargis sold 27,000 shares of the firm’s stock in a transaction dated Tuesday, February 6th. The stock was sold at an average price of $364.76, for a total transaction of $9,848,520.00. Following the sale, the executive vice president now directly owns 34,931 shares of the company’s stock, valued at $12,741,431.56. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 0.56% of the stock is owned by company insiders.

Shares of Charter Communications, Inc. (CHTR) opened at $355.68 on Wednesday. The company has a market capitalization of $85,356.52, a PE ratio of 9.92, a P/E/G ratio of 3.01 and a beta of 1.14. Charter Communications, Inc. has a 1-year low of $308.30 and a 1-year high of $408.83. The company has a current ratio of 0.23, a quick ratio of 0.23 and a debt-to-equity ratio of 1.43.

Charter Communications (NASDAQ:CHTR) last posted its earnings results on Friday, February 2nd. The company reported $0.86 EPS for the quarter, topping the consensus estimate of $0.85 by $0.01. The firm had revenue of $10.60 billion for the quarter, compared to analyst estimates of $10.60 billion. Charter Communications had a return on equity of 1.11% and a net margin of 23.80%. Charter Communications’s revenue for the quarter was up 3.2% compared to the same quarter last year. During the same period last year, the company earned $1.67 earnings per share. analysts predict that Charter Communications, Inc. will post 4.55 EPS for the current year.

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Charter Communications Profile

Charter Communications, Inc (Charter) is a provider of cable services, offering various entertainments, information and communications solutions to residential and commercial customers. The Company’s services include Video Services, Internet Services, Voice Services, Commercial Services and Advertising Services.

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Institutional Ownership by Quarter for Charter Communications (NASDAQ:CHTR)

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