Charter Communications, Inc. (NASDAQ:CHTR) Downgraded by Guggenheim to "Neutral"

Charter Comm

Charter Comm

CKW Financial Group maintained its stake in Charter Communications, Inc. (NASDAQ:CHTR) by 1.8% during the second quarter, according to its most recent Form 13F filing with the SEC. On average, equities analysts expect that Charter Communications, Inc. will post $0.60 earnings per share for the current year. Vanguard Group Inc. now owns 13,492,605 shares of the company's stock worth $4,416,400,000 after buying an additional 341,513 shares in the last quarter. Quadrant Capital Group LLC boosted its position in shares of Charter Communications by 0.5% in the first quarter. BlackRock Inc. now owns 12,213,135 shares of the company's stock valued at $3,997,603,000 after buying an additional 11,789,426 shares during the last quarter. FMR LLC now owns 10,546,100 shares of the company's stock worth $3,451,949,000 after buying an additional 1,165,353 shares during the last quarter. Dodge & Cox purchased a new position in shares of Charter Communications during the fourth quarter worth approximately $2,981,844,000. Burt Wealth Advisors bought a new stake in Charter Communications during the first quarter valued at approximately $115,000. Finally, Jennison Associates LLC increased its position in shares of Charter Communications by 32.3% in the first quarter. RMB Capital Management LLC now owns 815 shares of the company's stock valued at $267,000 after buying an additional 8 shares in the last quarter. The fund owned 28,779 shares of the company's stock after buying an additional 77 shares during the period.

ING Groep NV boosted its position in Charter Communications, Inc.

Stocks of Charter Communications, (CHTR) started trading at 384.63 on early Monday.

Charter Communications, Inc. has a 1-year low of $233.00 and a 1-year high of $399.95. The firm has a market cap of $99.19 billion, a P/E ratio of 110.18 and a beta of 1.09. The company's 50-day moving average is 0.00GBX and its 200-day moving average is 0.00GBX. Charter Communications's sales went up 3.9% compared with the same period in the prior year. for the same period in the prior year, company reported $0.99 EPS. Charter Communications had a return on equity of 1.41% and a net margin of 10.55%. The business had revenue of $10.36 billion for the quarter, compared to analyst estimates of $10.38 billion. During the same quarter in the previous year, the business earned $0.99 EPS. The company's revenue was up 3.9% compared to the same quarter past year.

In other Charter Communications news, Director David C. Merritt bought 1,200 shares of Charter Communications stock in a transaction dated Thursday, May 11th. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Charter Communications Inc. and related companies with our FREE daily email newsletter. "(CHTR) Position Decreased by Hartford Investment Management Co." was posted by The Cerbat Gem and is the property of of The Cerbat Gem. If you are reading this report on another publication, it was copied illegally and republished in violation of global copyright and trademark laws. The legal version of this piece of content can be viewed at https://www.com-unik.info/2017/08/07/atalanta-sosnoff-capital-llc-sells-1969-shares-of-charter-communications-inc-chtr-updated-updated.html.

A number of other institutional investors also recently made changes to their positions in the stock. They set a "buy" rating and a $380.00 target price on the stock. Morgan Stanley upped the price target on stocks of Charter Communications from $350.00 to $365.00 and issued the company an "overweight" recommendation in a analysis report on Mon, Jul 17th.

Several brokerages have weighed in on CHTR. Deutsche Bank AG cut their target price on Charter Communications from $400.00 to $390.00 and set a "buy" rating on the stock in a research report on Thursday, May 4th. Finally, HSBC Holdings plc reaffirmed a "hold" rating and issued a $360.00 price objective (up from $300.00) on shares of Charter Communications in a research note on Tuesday, August 1st. Twelve research analysts have rated the stock with a hold rating, eleven have given a buy rating and two have assigned a strong buy rating to the stock. Charter Communications presently has an average rating of "Buy" and a consensus target price of $351.91. The stock was unloaded at a price range of of $323.62, amounting to $323,620.00. after the transaction, the director has an ownership of 13,436 company stock worth at $4,348,158.32. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

In other Charter Communications news, Director Craig A. Jacobson sold 1,000 shares of Charter Communications stock in a transaction that occurred on Wednesday, May 10th. The shares were acquired at an average price of $326.31 per share, with a total value of $391,572.00. The investment company owned 41,411 stocks of the firms shares after disposing 6,359 shares through out the quarter. The disclosure for this sale can be found here.

In addition, it offers voice communications services using voice over Internet protocol technology; and broadband communications solutions, such as Internet access, data networking, fiber connectivity, video entertainment, and business telephone services to cellular towers and office buildings for business and carrier organizations.

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