Winnow Wealth LLC lifted its holdings in shares of Charter Communications, Inc. (NASDAQ:CHTR – Free Report) by 17,395.0% during the 3rd quarter, Holdings Channel.com reports. The firm owned 3,499 shares of the company’s stock after purchasing an additional 3,479 shares during the period. Winnow Wealth LLC’s holdings in Charter Communications were worth $966,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently made changes to their positions in CHTR. AlphaQuest LLC lifted its position in Charter Communications by 68.8% during the 3rd quarter. AlphaQuest LLC now owns 2,625 shares of the company’s stock worth $722,000 after buying an additional 1,070 shares in the last quarter. Banyan Capital Management Inc. lifted its position in shares of Charter Communications by 13.3% during the third quarter. Banyan Capital Management Inc. now owns 38,685 shares of the company’s stock worth $10,642,000 after purchasing an additional 4,548 shares in the last quarter. SYM FINANCIAL Corp bought a new stake in shares of Charter Communications during the third quarter valued at approximately $350,000. AE Wealth Management LLC increased its holdings in shares of Charter Communications by 73.0% in the third quarter. AE Wealth Management LLC now owns 8,752 shares of the company’s stock valued at $2,408,000 after purchasing an additional 3,692 shares in the last quarter. Finally, Annis Gardner Whiting Capital Advisors LLC increased its holdings in shares of Charter Communications by 39.6% in the third quarter. Annis Gardner Whiting Capital Advisors LLC now owns 3,933 shares of the company’s stock valued at $1,082,000 after purchasing an additional 1,116 shares in the last quarter. 81.76% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling at Charter Communications
In other news, Director David C. Merritt sold 1,200 shares of the business’s stock in a transaction on Wednesday, November 5th. The shares were sold at an average price of $226.18, for a total value of $271,416.00. Following the completion of the transaction, the director owned 10,146 shares of the company’s stock, valued at $2,294,822.28. The trade was a 10.58% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.83% of the stock is currently owned by corporate insiders.
Charter Communications Stock Performance
Charter Communications (NASDAQ:CHTR – Get Free Report) last released its quarterly earnings data on Friday, January 30th. The company reported $10.34 earnings per share for the quarter, missing the consensus estimate of $10.40 by ($0.06). Charter Communications had a return on equity of 25.55% and a net margin of 9.29%.The firm had revenue of $13.60 billion for the quarter, compared to the consensus estimate of $13.73 billion. During the same period in the previous year, the business earned $10.10 EPS. The firm’s revenue was down 2.3% compared to the same quarter last year. As a group, sell-side analysts expect that Charter Communications, Inc. will post 38.16 earnings per share for the current year.
Analyst Upgrades and Downgrades
Several research analysts have issued reports on CHTR shares. Exane BNP Paribas reaffirmed an “underperform” rating on shares of Charter Communications in a report on Tuesday. BNP Paribas Exane set a $160.00 target price on Charter Communications in a research report on Tuesday. The Goldman Sachs Group dropped their price objective on Charter Communications from $215.00 to $210.00 and set a “sell” rating for the company in a report on Thursday, December 18th. Weiss Ratings restated a “sell (d+)” rating on shares of Charter Communications in a research report on Monday, December 29th. Finally, Sanford C. Bernstein set a $220.00 price target on shares of Charter Communications in a research report on Wednesday. Four investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and eight have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Reduce” and a consensus target price of $323.67.
Read Our Latest Report on CHTR
Charter Communications News Roundup
Here are the key news stories impacting Charter Communications this week:
- Positive Sentiment: Charter reported a rare quarterly gain in pay-TV/video subscribers (added ~44,000) and shed fewer broadband customers than feared, which investors viewed as a sign of stabilizing customer trends. Read More.
- Positive Sentiment: Company results showed resilient EBITDA and free cash flow supported by mobile/Internet growth and cost controls; management flagged capex reductions that could free up roughly ~$2B of incremental FCF by 2027. These operational positives are a primary reason some bullish analysts call the shares undervalued. Read More.
- Neutral Sentiment: The full Q4 earnings release, slide deck and conference-call transcript are available for review — useful for digging into subscriber detail, margins and capex guidance. Read More.
- Neutral Sentiment: Charter added Wade Davis to its board; typically a governance/experience item with limited near-term stock impact but worth noting for institutional investors. Read More.
- Negative Sentiment: Charter missed consensus EPS ($10.34 vs $10.40) and revenue ($13.60B vs $13.73B); revenue fell ~2.3% year‑over‑year, partly due to a drop in political advertising — a revenue headwind. Read More.
- Negative Sentiment: Analyst sentiment is mixed-to-cautious: some shops have lowered recommendations or kept conservative ratings citing intensifying broadband competition and persistent revenue pressure. That keeps downside risk if subscriber trends reverse. Read More. and Read More.
About Charter Communications
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.
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