Clarius Group LLC purchased a new stake in shares of Charter Communications Inc (NASDAQ:CHTR) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 956 shares of the company’s stock, valued at approximately $331,000.

Other institutional investors have also recently made changes to their positions in the company. Whitener Capital Management Inc. bought a new position in shares of Charter Communications in the 4th quarter valued at approximately $29,000. Hanson McClain Inc. raised its stake in shares of Charter Communications by 157.8% in the 4th quarter. Hanson McClain Inc. now owns 116 shares of the company’s stock valued at $33,000 after acquiring an additional 71 shares in the last quarter. Rational Advisors LLC raised its stake in shares of Charter Communications by 230.3% in the 1st quarter. Rational Advisors LLC now owns 109 shares of the company’s stock valued at $38,000 after acquiring an additional 76 shares in the last quarter. TCG Advisors LP bought a new position in shares of Charter Communications in the 1st quarter valued at approximately $42,000. Finally, Sontag Advisory LLC bought a new position in shares of Charter Communications in the 4th quarter valued at approximately $46,000. Institutional investors and hedge funds own 71.92% of the company’s stock.

CHTR opened at $391.64 on Wednesday. The company has a market cap of $88.03 billion, a PE ratio of 75.03, a PEG ratio of 1.27 and a beta of 1.29. The company has a current ratio of 0.31, a quick ratio of 0.31 and a debt-to-equity ratio of 1.62. Charter Communications Inc has a 1 year low of $271.56 and a 1 year high of $397.68.

Charter Communications (NASDAQ:CHTR) last released its quarterly earnings data on Tuesday, April 30th. The company reported $1.11 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.34 by ($0.23). The firm had revenue of $11.21 billion for the quarter, compared to the consensus estimate of $11.20 billion. Charter Communications had a net margin of 2.98% and a return on equity of 2.94%. The business’s revenue for the quarter was up 5.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.70 earnings per share. As a group, research analysts predict that Charter Communications Inc will post 7.2 earnings per share for the current year.

Several research analysts have commented on the company. Citigroup lifted their price target on Charter Communications from $390.00 to $427.00 and gave the stock a “buy” rating in a research report on Monday, May 6th. BidaskClub raised Charter Communications from a “hold” rating to a “buy” rating in a research report on Wednesday, May 1st. UBS Group lifted their price target on Charter Communications from $383.00 to $421.00 and gave the stock a “buy” rating in a research report on Wednesday, May 1st. Zacks Investment Research raised Charter Communications from a “hold” rating to a “buy” rating and set a $391.00 price target on the stock in a research report on Tuesday, February 26th. Finally, ValuEngine raised Charter Communications from a “hold” rating to a “buy” rating in a research report on Tuesday, May 14th. One analyst has rated the stock with a sell rating, five have issued a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company. Charter Communications presently has an average rating of “Buy” and a consensus target price of $370.27.

In other news, Director Craig A. Jacobson sold 1,325 shares of the business’s stock in a transaction that occurred on Monday, May 6th. The stock was sold at an average price of $375.18, for a total transaction of $497,113.50. Following the sale, the director now directly owns 12,773 shares in the company, valued at $4,792,174.14. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 0.84% of the company’s stock.

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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, and spectrum mobile and spectrum guide services, as well as ad-supported free online video products.

See Also: What are Institutional Investors?

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

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