Roundview Capital LLC purchased a new stake in Charter Communications, Inc. (NASDAQ:CHTR) in the fourth quarter, according to its most recent filing with the SEC. The fund purchased 2,648 shares of the company’s stock, valued at approximately $890,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Price Capital Management Inc. bought a new position in shares of Charter Communications in the fourth quarter worth $101,000. Huntington National Bank bought a new position in shares of Charter Communications in the third quarter worth $128,000. Northwestern Mutual Wealth Management Co. grew its stake in shares of Charter Communications by 109.7% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 409 shares of the company’s stock worth $137,000 after purchasing an additional 214 shares in the last quarter. CLS Investments LLC grew its stake in shares of Charter Communications by 4,733.3% in the third quarter. CLS Investments LLC now owns 435 shares of the company’s stock worth $158,000 after purchasing an additional 426 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC bought a new position in shares of Charter Communications in the third quarter worth $180,000. Institutional investors and hedge funds own 72.01% of the company’s stock.

In other news, EVP Jonathan Hargis sold 27,000 shares of the company’s stock in a transaction on Tuesday, February 6th. The stock was sold at an average price of $364.76, for a total transaction of $9,848,520.00. Following the completion of the sale, the executive vice president now directly owns 34,931 shares of the company’s stock, valued at $12,741,431.56. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Corporate insiders own 0.56% of the company’s stock.

Several research analysts have recently issued reports on the company. Barclays increased their price target on Charter Communications from $283.00 to $300.00 and gave the stock an “underweight” rating in a research note on Monday, February 5th. TheStreet raised Charter Communications from a “c” rating to a “b+” rating in a research note on Friday, February 2nd. Pivotal Research reissued a “buy” rating and issued a $500.00 price target (up previously from $420.00) on shares of Charter Communications in a research note on Monday, February 5th. Zacks Investment Research cut Charter Communications from a “hold” rating to a “sell” rating in a research note on Wednesday, February 7th. Finally, Wells Fargo & Co restated a “market perform” rating and issued a $359.00 price objective (up previously from $340.00) on shares of Charter Communications in a report on Thursday, January 4th. Three research analysts have rated the stock with a sell rating, eight have issued a hold rating and thirteen have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $396.11.

Shares of Charter Communications, Inc. (NASDAQ CHTR) opened at $349.43 on Monday. The company has a quick ratio of 0.23, a current ratio of 0.23 and a debt-to-equity ratio of 1.43. The firm has a market capitalization of $83,341.15, a price-to-earnings ratio of 9.75, a PEG ratio of 2.94 and a beta of 1.14. Charter Communications, Inc. has a twelve month low of $308.30 and a twelve month high of $408.83.

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

COPYRIGHT VIOLATION WARNING: “Roundview Capital LLC Purchases Shares of 2,648 Charter Communications, Inc. (CHTR)” was originally published by Daily Political and is owned by of Daily Political. If you are viewing this story on another site, it was stolen and reposted in violation of US and international copyright & trademark law. The legal version of this story can be accessed at https://www.dailypolitical.com/2018/02/12/roundview-capital-llc-purchases-shares-of-2648-charter-communications-inc-chtr.html.

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.

Want to see what other hedge funds are holding CHTR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Charter Communications, Inc. (NASDAQ:CHTR).

Institutional Ownership by Quarter for Charter Communications (NASDAQ:CHTR)

Receive News & Ratings for Charter Communications Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Charter Communications and related companies with MarketBeat.com's FREE daily email newsletter.