Harel Insurance Investments & Financial Services Ltd. maintained its position in shares of Charter Communications, Inc. (NASDAQ:CHTR) during the second quarter, Holdings Channel reports. The institutional investor owned 518 shares of the company’s stock at the end of the second quarter. Harel Insurance Investments & Financial Services Ltd.’s holdings in Charter Communications were worth $174,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Raymond James Trust N.A. increased its position in shares of Charter Communications by 4.5% in the first quarter. Raymond James Trust N.A. now owns 741 shares of the company’s stock valued at $242,000 after buying an additional 32 shares in the last quarter. Creative Planning increased its position in shares of Charter Communications by 8.4% in the first quarter. Creative Planning now owns 4,632 shares of the company’s stock valued at $1,516,000 after buying an additional 358 shares in the last quarter. Bank of Montreal Can increased its position in shares of Charter Communications by 25.1% in the first quarter. Bank of Montreal Can now owns 125,512 shares of the company’s stock valued at $41,081,000 after buying an additional 25,156 shares in the last quarter. Atria Investments LLC increased its position in shares of Charter Communications by 87.2% in the first quarter. Atria Investments LLC now owns 2,739 shares of the company’s stock valued at $897,000 after buying an additional 1,276 shares in the last quarter. Finally, Doyle Wealth Management acquired a new position in shares of Charter Communications during the first quarter valued at approximately $5,857,000. Institutional investors own 77.76% of the company’s stock.

Shares of Charter Communications, Inc. (CHTR) opened at 398.68 on Friday. Charter Communications, Inc. has a 52-week low of $241.50 and a 52-week high of $408.83. The stock’s 50 day moving average price is $353.80 and its 200-day moving average price is $335.16. The company has a market capitalization of $102.81 billion, a P/E ratio of 114.20 and a beta of 1.09.

Charter Communications (NASDAQ:CHTR) last posted its quarterly earnings results on Thursday, July 27th. The company reported $0.52 EPS for the quarter, missing the Zacks’ consensus estimate of $0.81 by $0.29. Charter Communications had a return on equity of 1.15% and a net margin of 2.29%. The company had revenue of $10.36 billion during the quarter, compared to the consensus estimate of $10.38 billion. During the same period in the previous year, the business earned $0.99 earnings per share. Charter Communications’s revenue was up 3.9% on a year-over-year basis. On average, equities analysts expect that Charter Communications, Inc. will post $0.60 earnings per share for the current year.

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CHTR has been the subject of several recent research reports. SunTrust Banks, Inc. initiated coverage on Charter Communications in a research note on Tuesday, April 18th. They issued a “buy” rating and a $380.00 price target for the company. Macquarie restated a “buy” rating and issued a $365.00 price target on shares of Charter Communications in a research note on Wednesday, April 19th. Royal Bank Of Canada restated a “buy” rating and issued a $356.00 price target on shares of Charter Communications in a research note on Friday, April 21st. Telsey Advisory Group reduced their price target on Charter Communications from $345.00 to $340.00 and set a “market perform” rating for the company in a research note on Wednesday, May 3rd. Finally, Wells Fargo & Company downgraded Charter Communications from an “outperform” rating to a “market perform” rating and set a $335.00 price target for the company. in a research note on Wednesday, May 3rd. Eleven investment analysts have rated the stock with a hold rating, eleven have given a buy rating and two have given a strong buy rating to the company’s stock. Charter Communications presently has an average rating of “Buy” and a consensus target price of $361.46.

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.

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

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