Charter Communications, Inc. (NASDAQ:CHTR) EVP Jonathan Hargis sold 27,000 shares of the business’s stock in a transaction on Tuesday, February 6th. The shares were sold at an average price of $364.76, for a total transaction of $9,848,520.00. Following the transaction, the executive vice president now directly owns 34,931 shares of the company’s stock, valued at approximately $12,741,431.56. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Shares of Charter Communications, Inc. (NASDAQ CHTR) opened at $349.43 on Friday. The firm has a market cap of $83,160.00, a PE ratio of 10.25, a P/E/G ratio of 2.98 and a beta of 1.15. Charter Communications, Inc. has a 1-year low of $308.30 and a 1-year high of $408.83. The company has a debt-to-equity ratio of 1.43, a current ratio of 0.23 and a quick ratio of 0.40.

Charter Communications (NASDAQ:CHTR) last posted its quarterly earnings data on Friday, February 2nd. The company reported $0.86 earnings per share for the quarter, topping the consensus estimate of $0.85 by $0.01. The business had revenue of $10.60 billion during the quarter, compared to the consensus estimate of $10.60 billion. Charter Communications had a net margin of 23.80% and a return on equity of 1.11%. The company’s quarterly revenue was up 3.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.67 earnings per share. analysts forecast that Charter Communications, Inc. will post 4.55 EPS for the current fiscal year.

A number of hedge funds have recently bought and sold shares of the stock. Meritage Group LP lifted its holdings in Charter Communications by 3.4% in the 3rd quarter. Meritage Group LP now owns 2,819,596 shares of the company’s stock valued at $1,024,698,000 after acquiring an additional 92,620 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in Charter Communications by 2.3% in the 3rd quarter. Dimensional Fund Advisors LP now owns 2,300,679 shares of the company’s stock valued at $836,081,000 after acquiring an additional 51,758 shares during the last quarter. Ameriprise Financial Inc. lifted its holdings in Charter Communications by 315.1% in the 3rd quarter. Ameriprise Financial Inc. now owns 1,384,725 shares of the company’s stock valued at $503,237,000 after acquiring an additional 1,051,151 shares during the last quarter. Swiss National Bank lifted its holdings in Charter Communications by 1.1% in the 3rd quarter. Swiss National Bank now owns 867,209 shares of the company’s stock valued at $315,161,000 after acquiring an additional 9,600 shares during the last quarter. Finally, Sumitomo Mitsui Trust Holdings Inc. lifted its holdings in Charter Communications by 1.7% in the 3rd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 660,618 shares of the company’s stock valued at $240,082,000 after acquiring an additional 10,868 shares during the last quarter. 72.05% of the stock is owned by institutional investors and hedge funds.

Several equities analysts have recently issued reports on CHTR shares. Citigroup reissued a “buy” rating and set a $436.00 price target (down previously from $453.00) on shares of Charter Communications in a report on Wednesday. Zacks Investment Research downgraded shares of Charter Communications from a “hold” rating to a “sell” rating in a report on Thursday, January 18th. Royal Bank of Canada reissued a “buy” rating and set a $400.00 price target on shares of Charter Communications in a report on Thursday, November 2nd. Buckingham Research started coverage on shares of Charter Communications in a report on Wednesday, December 13th. They set a “buy” rating and a $415.00 price target for the company. Finally, Pivotal Research reissued a “buy” rating and set a $500.00 price target (up previously from $420.00) on shares of Charter Communications in a report on Monday, February 5th. Three investment analysts have rated the stock with a sell rating, eight have issued a hold rating and thirteen have assigned a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $396.11.

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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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