Charter Communications, Inc. (CHTR) Holdings Reduced by Meeder Asset Management Inc.

Meeder Asset Management Inc. decreased its position in Charter Communications, Inc. (NASDAQ:CHTR) by 34.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 4,335 shares of the company’s stock after selling 2,238 shares during the period. Meeder Asset Management Inc.’s holdings in Charter Communications were worth $1,456,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of CHTR. Advisor Group Inc. grew its position in Charter Communications by 15.8% in the 2nd quarter. Advisor Group Inc. now owns 1,130 shares of the company’s stock worth $375,000 after purchasing an additional 154 shares during the last quarter. Gotham Asset Management LLC grew its position in Charter Communications by 26.5% in the 2nd quarter. Gotham Asset Management LLC now owns 5,743 shares of the company’s stock worth $1,935,000 after purchasing an additional 1,203 shares during the last quarter. Quadrant Capital Group LLC grew its position in Charter Communications by 5.9% in the 2nd quarter. Quadrant Capital Group LLC now owns 681 shares of the company’s stock worth $194,000 after purchasing an additional 38 shares during the last quarter. Raymond James Financial Services Advisors Inc. grew its position in Charter Communications by 2.1% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 3,880 shares of the company’s stock worth $1,307,000 after purchasing an additional 80 shares during the last quarter. Finally, Colony Group LLC grew its position in Charter Communications by 6.8% in the 2nd quarter. Colony Group LLC now owns 813 shares of the company’s stock worth $274,000 after purchasing an additional 52 shares during the last quarter. Hedge funds and other institutional investors own 72.05% of the company’s stock.

CHTR has been the subject of several recent analyst reports. Moffett Nathanson restated a “neutral” rating on shares of Charter Communications in a research report on Monday, October 16th. Pivotal Research restated a “buy” rating and issued a $420.00 target price (up previously from $405.00) on shares of Charter Communications in a research report on Friday, October 27th. SunTrust Banks restated a “buy” rating and issued a $380.00 target price on shares of Charter Communications in a research report on Friday, October 27th. Barclays decreased their target price on shares of Charter Communications from $354.00 to $283.00 and set an “equal weight” rating for the company in a research report on Friday, October 27th. Finally, Macquarie restated a “buy” rating on shares of Charter Communications in a research report on Sunday, October 29th. Three investment analysts have rated the stock with a sell rating, eight have given a hold rating and thirteen have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $396.11.

Charter Communications, Inc. (NASDAQ:CHTR) opened at $369.75 on Wednesday. The company has a quick ratio of 0.40, a current ratio of 0.23 and a debt-to-equity ratio of 1.43. The stock has a market cap of $92,624.63, a P/E ratio of 10.32, a PEG ratio of 2.43 and a beta of 1.14. Charter Communications, Inc. has a 1-year low of $308.30 and a 1-year high of $408.83.

Charter Communications (NASDAQ:CHTR) last posted its quarterly earnings data on Friday, February 2nd. The company reported $0.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.85 by $0.01. The business had revenue of $10.60 billion during the quarter, compared to analysts’ expectations of $10.60 billion. Charter Communications had a net margin of 23.80% and a return on equity of 1.11%. The business’s revenue was up 3.2% on a year-over-year basis. During the same period last year, the firm posted $1.67 earnings per share. analysts anticipate that Charter Communications, Inc. will post 5.69 EPS for the current fiscal year.

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Charter Communications Company Profile

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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