Rothschild & Co Wealth Management UK Ltd trimmed its position in Charter Communications Inc (NASDAQ:CHTR) by 0.9% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 396,388 shares of the company’s stock after selling 3,732 shares during the period. Charter Communications makes up approximately 4.1% of Rothschild & Co Wealth Management UK Ltd’s investment portfolio, making the stock its 12th largest holding. Rothschild & Co Wealth Management UK Ltd owned 0.18% of Charter Communications worth $163,359,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. Venturi Wealth Management LLC bought a new position in shares of Charter Communications in the 3rd quarter valued at about $28,000. Ropes Wealth Advisors LLC grew its stake in Charter Communications by 62.5% in the third quarter. Ropes Wealth Advisors LLC now owns 78 shares of the company’s stock valued at $32,000 after purchasing an additional 30 shares in the last quarter. Massey Quick Simon & CO. LLC bought a new position in Charter Communications in the third quarter valued at approximately $35,000. Mechanics Bank Trust Department bought a new position in Charter Communications in the third quarter valued at approximately $38,000. Finally, Ibex Wealth Advisors acquired a new position in shares of Charter Communications during the 2nd quarter worth approximately $49,000. 72.90% of the stock is owned by institutional investors.

CHTR has been the topic of a number of recent analyst reports. Wells Fargo & Co boosted their target price on shares of Charter Communications from $400.00 to $450.00 and gave the stock a “market perform” rating in a report on Monday, October 28th. Deutsche Bank lifted their price objective on shares of Charter Communications from $440.00 to $525.00 and gave the company a “buy” rating in a research report on Tuesday, October 29th. BidaskClub downgraded shares of Charter Communications from a “buy” rating to a “hold” rating in a research report on Monday, November 25th. Argus boosted their price objective on shares of Charter Communications from $440.00 to $525.00 and gave the stock a “buy” rating in a research note on Tuesday, November 5th. Finally, Barclays reaffirmed a “sell” rating and issued a $338.00 target price on shares of Charter Communications in a report on Tuesday, October 15th. One analyst has rated the stock with a sell rating, eleven have issued a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company. The company has an average rating of “Buy” and an average target price of $455.52.

In other news, CMO Jonathan Hargis sold 1,234 shares of Charter Communications stock in a transaction that occurred on Tuesday, October 29th. The shares were sold at an average price of $464.80, for a total value of $573,563.20. Following the completion of the sale, the chief marketing officer now directly owns 12,895 shares in the company, valued at $5,993,596. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Lance Conn sold 1,000 shares of the business’s stock in a transaction that occurred on Friday, October 25th. The shares were sold at an average price of $460.87, for a total value of $460,870.00. Following the completion of the sale, the director now owns 7,552 shares of the company’s stock, valued at $3,480,490.24. The disclosure for this sale can be found here. Over the last three months, insiders have sold 3,434 shares of company stock valued at $1,603,797. 0.84% of the stock is currently owned by insiders.

Charter Communications stock traded down $3.08 during trading hours on Tuesday, hitting $467.25. The company had a trading volume of 217,409 shares, compared to its average volume of 909,958. The firm has a 50-day moving average of $462.77 and a 200 day moving average of $415.56. The company has a debt-to-equity ratio of 1.76, a current ratio of 0.28 and a quick ratio of 0.28. The firm has a market cap of $100.95 billion, a PE ratio of 89.51, a PEG ratio of 1.80 and a beta of 1.20. Charter Communications Inc has a one year low of $272.91 and a one year high of $485.99.

Charter Communications (NASDAQ:CHTR) last issued its quarterly earnings data on Friday, October 25th. The company reported $1.74 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.66 by $0.08. The company had revenue of $11.45 billion during the quarter, compared to analysts’ expectations of $11.42 billion. Charter Communications had a return on equity of 2.91% and a net margin of 2.76%. The business’s revenue was up 5.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.11 earnings per share. As a group, research analysts expect that Charter Communications Inc will post 6.89 earnings per share for the current year.

About Charter Communications

Charter Communications, Inc, through its subsidiaries, provides cable services to residential and commercial customers in the United States. It offers subscription-based video services, including video on demand, high definition television, digital video recorder, pay-per-view, and spectrum mobile and spectrum guide services, as well as ad-supported free online video products.

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

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