Boston Advisors LLC raised its stake in shares of Charter Communications Inc (NASDAQ:CHTR) by 10.4% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 22,758 shares of the company’s stock after purchasing an additional 2,150 shares during the period. Boston Advisors LLC’s holdings in Charter Communications were worth $7,895,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of CHTR. Longview Partners Guernsey LTD purchased a new position in shares of Charter Communications in the fourth quarter worth about $846,691,000. Norges Bank purchased a new position in shares of Charter Communications in the fourth quarter worth about $360,022,000. DNB Asset Management AS lifted its stake in shares of Charter Communications by 1,950.6% in the first quarter. DNB Asset Management AS now owns 414,377 shares of the company’s stock worth $143,752,000 after buying an additional 394,169 shares in the last quarter. Rehmann Capital Advisory Group lifted its stake in shares of Charter Communications by 34,636.6% in the third quarter. Rehmann Capital Advisory Group now owns 347,713 shares of the company’s stock worth $1,067,000 after buying an additional 346,712 shares in the last quarter. Finally, Marshall Wace North America L.P. purchased a new position in shares of Charter Communications in the third quarter worth about $104,551,000. 74.90% of the stock is currently owned by institutional investors and hedge funds.

In other Charter Communications news, insider John Bickham sold 14,017 shares of Charter Communications stock in a transaction dated Thursday, February 7th. The shares were sold at an average price of $340.86, for a total transaction of $4,777,834.62. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Jonathan Hargis sold 15,000 shares of Charter Communications stock in a transaction dated Monday, February 4th. The shares were sold at an average price of $339.51, for a total transaction of $5,092,650.00. Following the sale, the executive vice president now owns 15,964 shares of the company’s stock, valued at $5,419,937.64. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 57,233 shares of company stock valued at $19,544,909. Company insiders own 0.84% of the company’s stock.

Several equities research analysts recently issued reports on the stock. BidaskClub cut shares of Charter Communications from a “buy” rating to a “hold” rating in a research report on Monday, April 1st. Zacks Investment Research cut shares of Charter Communications from a “buy” rating to a “hold” rating in a research report on Wednesday, January 2nd. Macquarie cut shares of Charter Communications from an “outperform” rating to a “neutral” rating in a research report on Tuesday, April 9th. They noted that the move was a valuation call. TD Securities assumed coverage on shares of Charter Communications in a research report on Wednesday, January 16th. They set a “buy” rating and a $385.00 price objective for the company. Finally, Credit Suisse Group restated a “neutral” rating and set a $345.00 price objective (up from $294.00) on shares of Charter Communications in a research report on Friday, February 1st. One research analyst has rated the stock with a sell rating, nine have issued a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the stock. Charter Communications has an average rating of “Buy” and a consensus price target of $359.18.

Shares of CHTR traded up $0.58 during trading on Tuesday, reaching $358.63. 711,791 shares of the company traded hands, compared to its average volume of 1,301,532. Charter Communications Inc has a twelve month low of $250.10 and a twelve month high of $368.02. The stock has a market cap of $80.69 billion, a PE ratio of 68.70, a P/E/G ratio of 1.11 and a beta of 1.40. The company has a debt-to-equity ratio of 1.57, a current ratio of 0.23 and a quick ratio of 0.23.

Charter Communications (NASDAQ:CHTR) last announced its quarterly earnings results on Thursday, January 31st. The company reported $1.29 earnings per share for the quarter, missing analysts’ consensus estimates of $1.49 by ($0.20). Charter Communications had a net margin of 2.82% and a return on equity of 2.70%. The company had revenue of $11.23 billion for the quarter, compared to analyst estimates of $11.15 billion. As a group, sell-side analysts expect that Charter Communications Inc will post 7.54 earnings per share for the current fiscal year.

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Charter Communications Company 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, 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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