Investors bought shares of Charter Communications Inc (NASDAQ:CHTR) on weakness during trading hours on Tuesday. $215.90 million flowed into the stock on the tick-up and $113.66 million flowed out of the stock on the tick-down, for a money net flow of $102.24 million into the stock. Of all equities tracked, Charter Communications had the 11th highest net in-flow for the day. Charter Communications traded down ($3.67) for the day and closed at $323.37

CHTR has been the subject of a number of research reports. Pivotal Research boosted their target price on shares of Charter Communications from $375.00 to $415.00 and gave the stock a “buy” rating in a research note on Tuesday, July 31st. Goldman Sachs Group raised shares of Charter Communications from a “neutral” rating to a “buy” rating in a research note on Thursday, June 28th. Macquarie reissued a “buy” rating and set a $320.00 target price on shares of Charter Communications in a research note on Monday, June 25th. Buckingham Research boosted their target price on shares of Charter Communications from $397.00 to $418.00 and gave the stock a “buy” rating in a research note on Wednesday, August 1st. Finally, Citigroup cut their target price on shares of Charter Communications from $410.00 to $375.00 and set a “buy” rating for the company in a research note on Thursday, August 2nd. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and twelve have issued a buy rating to the company. Charter Communications has an average rating of “Buy” and a consensus price target of $363.62.

The company has a market cap of $77.12 billion, a PE ratio of 122.43, a PEG ratio of 1.98 and a beta of 1.24. The company has a current ratio of 0.20, a quick ratio of 0.20 and a debt-to-equity ratio of 1.46.

Charter Communications (NASDAQ:CHTR) last announced its quarterly earnings data on Tuesday, July 31st. The company reported $1.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.95 by $0.20. Charter Communications had a net margin of 23.59% and a return on equity of 1.45%. The company had revenue of $10.85 billion during the quarter, compared to analysts’ expectations of $10.83 billion. During the same quarter in the prior year, the company earned $0.52 EPS. Charter Communications’s revenue was up 4.8% compared to the same quarter last year. analysts predict that Charter Communications Inc will post 4.43 earnings per share for the current year.

In related news, EVP Richard R. Dykhouse sold 2,101 shares of the company’s stock in a transaction dated Thursday, August 2nd. The shares were sold at an average price of $296.52, for a total transaction of $622,988.52. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 0.83% of the stock is currently owned by corporate insiders.

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Veritas Asset Management LLP grew its stake in Charter Communications by 65.3% during the 2nd quarter. Veritas Asset Management LLP now owns 4,434,781 shares of the company’s stock valued at $1,300,322,000 after acquiring an additional 1,752,400 shares in the last quarter. Putnam Investments LLC boosted its holdings in Charter Communications by 23.7% in the 2nd quarter. Putnam Investments LLC now owns 1,241,872 shares of the company’s stock valued at $364,129,000 after purchasing an additional 237,673 shares during the last quarter. Brown Advisory Inc. boosted its holdings in Charter Communications by 25.5% in the 1st quarter. Brown Advisory Inc. now owns 966,921 shares of the company’s stock valued at $300,925,000 after purchasing an additional 196,229 shares during the last quarter. Morgan Stanley boosted its holdings in Charter Communications by 9.9% in the 2nd quarter. Morgan Stanley now owns 945,791 shares of the company’s stock valued at $277,315,000 after purchasing an additional 85,012 shares during the last quarter. Finally, Farallon Capital Management LLC boosted its holdings in Charter Communications by 70.3% in the 1st quarter. Farallon Capital Management LLC now owns 789,581 shares of the company’s stock valued at $245,733,000 after purchasing an additional 325,956 shares during the last quarter. 71.07% of the stock is owned by institutional investors.

Charter Communications Company Profile (NASDAQ:CHTR)

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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