Barings LLC decreased its position in Charter Communications, Inc. (NASDAQ:CHTR) by 12.9% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 3,237 shares of the company’s stock after selling 480 shares during the period. Barings LLC’s holdings in Charter Communications were worth $1,176,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of CHTR. MML Investors Services LLC boosted its stake in shares of Charter Communications by 1.3% during the second quarter. MML Investors Services LLC now owns 842 shares of the company’s stock valued at $284,000 after acquiring an additional 11 shares during the last quarter. Intrust Bank NA boosted its stake in shares of Charter Communications by 3.3% during the second quarter. Intrust Bank NA now owns 980 shares of the company’s stock valued at $330,000 after acquiring an additional 31 shares during the last quarter. Bradley Foster & Sargent Inc. CT boosted its stake in shares of Charter Communications by 0.5% during the second quarter. Bradley Foster & Sargent Inc. CT now owns 7,933 shares of the company’s stock valued at $2,672,000 after acquiring an additional 36 shares during the last quarter. Quadrant Capital Group LLC boosted its stake in shares of Charter Communications by 5.9% during the second quarter. Quadrant Capital Group LLC now owns 681 shares of the company’s stock valued at $194,000 after acquiring an additional 38 shares during the last quarter. Finally, Oppenheimer Asset Management Inc. boosted its stake in shares of Charter Communications by 1.1% during the second quarter. Oppenheimer Asset Management Inc. now owns 3,411 shares of the company’s stock valued at $1,149,000 after acquiring an additional 38 shares during the last quarter. 72.22% of the stock is currently owned by institutional investors.

A number of analysts recently commented on CHTR shares. Barclays decreased their price objective on Charter Communications from $354.00 to $283.00 and set an “equal weight” rating on the stock in a research note on Friday, October 27th. Telsey Advisory Group lowered Charter Communications from an “outperform” rating to a “market perform” rating and decreased their price objective for the company from $450.00 to $340.00 in a research note on Tuesday, September 5th. Macquarie reaffirmed a “buy” rating on shares of Charter Communications in a research note on Sunday, October 29th. Evercore ISI increased their target price on Charter Communications from $360.00 to $438.00 and gave the stock an “outperform” rating in a research report on Friday, September 15th. Finally, Pivotal Research reiterated a “buy” rating and set a $420.00 target price (up from $405.00) on shares of Charter Communications in a research report on Friday, October 27th. Thirteen research analysts have rated the stock with a hold rating, ten have issued a buy rating and two have given a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $378.12.

Charter Communications, Inc. (CHTR) opened at $336.27 on Monday. Charter Communications, Inc. has a 12-month low of $265.78 and a 12-month high of $408.83. The firm has a market capitalization of $83,600.09, a PE ratio of 208.86, a P/E/G ratio of 6.26 and a beta of 1.05. The company has a debt-to-equity ratio of 1.55, a quick ratio of 0.40 and a current ratio of 0.40.

Charter Communications (NASDAQ:CHTR) last released its quarterly earnings data on Thursday, October 26th. The company reported $0.19 EPS for the quarter, missing analysts’ consensus estimates of $0.96 by ($0.77). The firm had revenue of $10.46 billion during the quarter, compared to analysts’ expectations of $10.49 billion. Charter Communications had a return on equity of 0.91% and a net margin of 1.93%. The business’s revenue for the quarter was up 4.2% compared to the same quarter last year. During the same quarter last year, the business earned $0.69 earnings per share. analysts predict that Charter Communications, Inc. will post 2.21 EPS for the current fiscal year.

In other news, CFO Christopher L. Winfrey acquired 3,100 shares of the business’s stock in a transaction dated Monday, October 30th. The shares were bought at an average cost of $323.61 per share, for a total transaction of $1,003,191.00. Following the acquisition, the chief financial officer now directly owns 49,916 shares in the company, valued at approximately $16,153,316.76. The purchase was disclosed in a filing with the SEC, which is available through this link. Company insiders own 0.56% of the company’s stock.

TRADEMARK VIOLATION NOTICE: This news story was originally posted by Watch List News and is the sole property of of Watch List News. If you are viewing this news story on another domain, it was illegally stolen and republished in violation of U.S. and international copyright and trademark legislation. The original version of this news story can be accessed at https://www.watchlistnews.com/barings-llc-lowers-holdings-in-charter-communications-inc-chtr/1742424.html.

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.

Want to see what other hedge funds are holding CHTR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Charter Communications, Inc. (NASDAQ:CHTR).

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

Receive News & Ratings for Charter Communications Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Charter Communications Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.