National Pension Service increased its stake in shares of Charter Communications Inc. (NASDAQ:CHTR) by 8.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 145,584 shares of the company’s stock after buying an additional 11,848 shares during the period. National Pension Service owned approximately 0.05% of Charter Communications worth $39,303,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Private Trust Co. NA raised its stake in shares of Charter Communications by 0.4% in the third quarter. Private Trust Co. NA now owns 2,389 shares of the company’s stock worth $644,000 after buying an additional 9 shares in the last quarter. Harvey Capital Management Inc. raised its stake in shares of Charter Communications by 1.9% in the second quarter. Harvey Capital Management Inc. now owns 5,093 shares of the company’s stock worth $1,164,000 after buying an additional 93 shares in the last quarter. Nordea Investment Management AB raised its stake in shares of Charter Communications by 0.6% in the second quarter. Nordea Investment Management AB now owns 30,748 shares of the company’s stock worth $7,030,000 after buying an additional 178 shares in the last quarter. Shinko Asset Management Co. Ltd. raised its stake in shares of Charter Communications by 131.5% in the second quarter. Shinko Asset Management Co. Ltd. now owns 551 shares of the company’s stock worth $126,000 after buying an additional 313 shares in the last quarter. Finally, Signaturefd LLC raised its stake in shares of Charter Communications by 503.8% in the second quarter. Signaturefd LLC now owns 483 shares of the company’s stock worth $110,000 after buying an additional 403 shares in the last quarter. Hedge funds and other institutional investors own 77.56% of the company’s stock.

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

Shares of Charter Communications Inc. (NASDAQ:CHTR) traded up 0.58% during mid-day trading on Tuesday, hitting $272.39. The company’s stock had a trading volume of 108,263 shares. Charter Communications Inc. has a 12-month low of $156.13 and a 12-month high of $281.36. The company has a market cap of $73.73 billion, a PE ratio of 16.20 and a beta of 0.93. The stock has a 50-day moving average of $259.94 and a 200-day moving average of $247.46.

Charter Communications (NASDAQ:CHTR) last announced its earnings results on Thursday, November 3rd. The company reported $0.69 earnings per share for the quarter, missing the consensus estimate of $0.79 by $0.10. Charter Communications had a net margin of 13.87% and a return on equity of 0.62%. The company earned $10.04 billion during the quarter, compared to analysts’ expectations of $1.66 billion. During the same quarter last year, the business posted $0.48 earnings per share. The company’s revenue for the quarter was up 309.7% compared to the same quarter last year. On average, equities research analysts forecast that Charter Communications Inc. will post $0.60 EPS for the current year.

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A number of equities research analysts recently commented on CHTR shares. Bank of America Corp. started coverage on Charter Communications in a research report on Tuesday, August 2nd. They issued a “buy” rating and a $300.00 target price on the stock. Pivotal Research upped their target price on Charter Communications from $285.00 to $290.00 and gave the company a “buy” rating in a research report on Wednesday, August 10th. Deutsche Bank AG upped their target price on Charter Communications from $285.00 to $300.00 and gave the company a “buy” rating in a research report on Thursday, August 11th. TheStreet upgraded Charter Communications from a “hold” rating to a “buy” rating in a research report on Wednesday, August 10th. Finally, Zacks Investment Research upgraded Charter Communications from a “hold” rating to a “strong-buy” rating and set a $297.00 target price on the stock in a research report on Friday, August 12th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, thirteen have issued a buy rating and two have assigned a strong buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of $289.97.

About Charter Communications

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.

5 Day Chart for NASDAQ:CHTR

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