Charter Communications Inc. (NASDAQ:CHTR) was down 1.7% during trading on Friday . The company traded as low as $234.21 and last traded at $234.97, with a volume of 714,172 shares changing hands. The stock had previously closed at $239.11.

A number of equities research analysts have recently commented on CHTR shares. Pivotal Research reiterated a “buy” rating and set a $285.00 price target (up previously from $250.00) on shares of Charter Communications in a report on Tuesday, May 24th. Jefferies Group restated a “hold” rating on shares of Charter Communications in a research report on Saturday, June 4th. Barclays PLC increased their price objective on shares of Charter Communications from $204.00 to $238.00 and gave the company an “equal weight” rating in a research report on Thursday, May 26th. Deutsche Bank AG increased their price objective on shares of Charter Communications from $230.00 to $260.00 and gave the company a “buy” rating in a research report on Thursday, May 12th. Finally, Wunderlich increased their price objective on shares of Charter Communications from $221.00 to $254.00 and gave the company a “buy” rating in a research report on Monday, May 2nd. Three investment analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of $249.07.

The company’s 50 day moving average is $225.94 and its 200 day moving average is $199.71. The stock’s market cap is $23.90 billion.

Charter Communications (NASDAQ:CHTR) last released its quarterly earnings results on Thursday, April 28th. The company reported ($1.68) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($1.36) by $0.32. The business earned $2.53 billion during the quarter, compared to analyst estimates of $1.66 billion. The business’s revenue was up 7.1% on a year-over-year basis. During the same period in the prior year, the business earned ($0.73) EPS. Analysts anticipate that Charter Communications Inc. will post $0.60 earnings per share for the current fiscal year.

In other Charter Communications news, CMO Jonathan Hargis sold 6,350 shares of Charter Communications stock in a transaction dated Monday, May 2nd. The stock was sold at an average price of $214.95, for a total transaction of $1,364,932.50. Following the completion of the transaction, the chief marketing officer now owns 13,011 shares in the company, valued at approximately $2,796,714.45. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Several institutional investors have recently bought and sold shares of CHTR. Harris Associates L P boosted its position in Charter Communications by 455.5% in the fourth quarter. Harris Associates L P now owns 2,043,297 shares of the company’s stock valued at $374,127,000 after buying an additional 1,675,486 shares in the last quarter. Principal Financial Group Inc. boosted its position in Charter Communications by 3,590.3% in the fourth quarter. Principal Financial Group Inc. now owns 198,280 shares of the company’s stock valued at $36,306,000 after buying an additional 192,907 shares in the last quarter. Vanguard Group Inc. boosted its position in Charter Communications by 3.1% in the fourth quarter. Vanguard Group Inc. now owns 5,008,487 shares of the company’s stock valued at $917,054,000 after buying an additional 150,318 shares in the last quarter. Egerton Capital UK LLP boosted its position in Charter Communications by 4.7% in the fourth quarter. Egerton Capital UK LLP now owns 2,151,727 shares of the company’s stock valued at $393,981,000 after buying an additional 96,897 shares in the last quarter. Finally, Wells Fargo & Company MN boosted its position in Charter Communications by 18.7% in the fourth quarter. Wells Fargo & Company MN now owns 276,095 shares of the company’s stock valued at $50,553,000 after buying an additional 43,430 shares in the last quarter.

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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.