Capital Investment Advisory Services LLC bought a new stake in shares of Charter Communications Inc (NASDAQ:CHTR) during the fourth quarter, HoldingsChannel reports. The fund bought 312 shares of the company’s stock, valued at approximately $89,000.

A number of other large investors also recently made changes to their positions in CHTR. Advisors Asset Management Inc. boosted its holdings in Charter Communications by 49.6% in the second quarter. Advisors Asset Management Inc. now owns 34,623 shares of the company’s stock valued at $10,152,000 after acquiring an additional 11,477 shares during the last quarter. Bank of Montreal Can raised its position in Charter Communications by 61.7% in the third quarter. Bank of Montreal Can now owns 125,390 shares of the company’s stock valued at $40,862,000 after purchasing an additional 47,834 shares during the period. Andra AP fonden raised its position in Charter Communications by 5.9% in the third quarter. Andra AP fonden now owns 16,200 shares of the company’s stock valued at $5,279,000 after purchasing an additional 900 shares during the period. Nisa Investment Advisors LLC raised its position in Charter Communications by 9.0% in the third quarter. Nisa Investment Advisors LLC now owns 51,289 shares of the company’s stock valued at $16,714,000 after purchasing an additional 4,240 shares during the period. Finally, Aperio Group LLC raised its position in Charter Communications by 13.8% in the third quarter. Aperio Group LLC now owns 96,963 shares of the company’s stock valued at $31,598,000 after purchasing an additional 11,728 shares during the period. Hedge funds and other institutional investors own 74.25% of the company’s stock.

Shares of NASDAQ CHTR opened at $338.49 on Thursday. Charter Communications Inc has a 1 year low of $250.10 and a 1 year high of $370.09. The stock has a market cap of $76.88 billion, a PE ratio of 64.84, a price-to-earnings-growth ratio of 1.26 and a beta of 1.32. The company has a debt-to-equity ratio of 1.57, a quick ratio of 0.23 and a current ratio of 0.23.

Charter Communications (NASDAQ:CHTR) last announced its quarterly earnings data on Thursday, January 31st. The company reported $1.29 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.49 by ($0.20). The firm had revenue of $11.23 billion during the quarter, compared to the consensus estimate of $11.15 billion. Charter Communications had a net margin of 2.82% and a return on equity of 2.70%. Equities research analysts anticipate that Charter Communications Inc will post 7.19 earnings per share for the current year.

In related news, CAO Kevin D. Howard sold 14,197 shares of the business’s stock in a transaction dated Monday, February 4th. The stock was sold at an average price of $343.18, for a total value of $4,872,126.46. Following the completion of the sale, the chief accounting officer now directly owns 3,059 shares of the company’s stock, valued at $1,049,787.62. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Richard R. Dykhouse sold 11,000 shares of the business’s stock in a transaction dated Thursday, February 7th. The shares were sold at an average price of $340.72, for a total value of $3,747,920.00. Following the completion of the sale, the executive vice president now directly owns 16,610 shares of the company’s stock, valued at $5,659,359.20. The disclosure for this sale can be found here. Over the last three months, insiders sold 54,214 shares of company stock valued at $18,490,531. 0.83% of the stock is owned by corporate insiders.

CHTR has been the topic of several research reports. BidaskClub lowered Charter Communications from a “strong-buy” rating to a “buy” rating in a research report on Thursday, December 27th. Zacks Investment Research raised Charter Communications from a “hold” rating to a “buy” rating and set a $338.00 price objective on the stock in a research report on Tuesday, January 8th. Citigroup cut their price objective on Charter Communications from $375.00 to $370.00 and set a “buy” rating on the stock in a research report on Thursday, November 1st. Buckingham Research cut their price objective on Charter Communications from $418.00 to $383.00 and set a “buy” rating on the stock in a research report on Monday, October 29th. Finally, UBS Group cut their price objective on Charter Communications from $390.00 to $370.00 and set a “buy” rating on the stock in a research report on Monday, October 29th. One analyst has rated the stock with a sell rating, seven have issued a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of $361.21.

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Charter Communications Profile

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, spectrum guide services, and a package of basic video programming, 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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