Charter Communications (NASDAQ:CHTR) Stock Rep. August Pfluger

Representative August Pfluger (Republican-Texas) recently bought shares of Charter Communications, Inc. (NASDAQ:CHTR). In a filing disclosed on September 14th, the Representative disclosed that they had bought between $1,001 and $15,000 in Charter Communications stock on August 20th. The trade occurred in the Representative’s “CP ROTH IRA” account.

Charter Communications Stock Performance

Shares of CHTR opened at $135.00 on Thursday. The company has a debt-to-equity ratio of 4.32, a current ratio of 0.36 and a quick ratio of 0.36. The stock has a 50-day moving average of $143.90 and a 200-day moving average of $166.27. The company has a market cap of $16.10 billion, a PE ratio of 3.51, a P/E/G ratio of 0.30 and a beta of 0.69. Charter Communications, Inc. has a one year low of $111.55 and a one year high of $285.82.

Charter Communications (NASDAQ:CHTR) last posted its quarterly earnings results on Friday, July 24th. The company reported $10.66 earnings per share for the quarter, topping analysts’ consensus estimates of $9.98 by $0.68. The business had revenue of $13.53 billion for the quarter, compared to the consensus estimate of $13.51 billion. Charter Communications had a return on equity of 23.71% and a net margin of 9.05%.The firm’s revenue for the quarter was down 1.7% on a year-over-year basis. During the same period in the prior year, the business earned $9.18 EPS. On average, equities research analysts predict that Charter Communications, Inc. will post 42.72 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the company. Zacks Research upgraded Charter Communications from a “strong sell” rating to a “hold” rating in a research note on Tuesday, August 4th. Royal Bank Of Canada lowered their target price on shares of Charter Communications from $160.00 to $150.00 and set a “sector perform” rating for the company in a report on Monday, July 27th. Bank of America reissued a “buy” rating on shares of Charter Communications in a research report on Monday, July 27th. Wells Fargo & Company reduced their price objective on shares of Charter Communications from $160.00 to $101.00 and set an “underweight” rating for the company in a research report on Monday, July 27th. Finally, Morgan Stanley reiterated an “equal weight” rating and issued a $150.00 price objective on shares of Charter Communications in a research note on Monday. Five research analysts have rated the stock with a Buy rating, ten have given a Hold rating and six have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Reduce” and an average target price of $216.56.

Institutional Investors Weigh In On Charter Communications

Several large investors have recently added to or reduced their stakes in the company. Capital Research Global Investors raised its position in Charter Communications by 304.9% during the fourth quarter. Capital Research Global Investors now owns 4,815,422 shares of the company’s stock valued at $1,005,222,000 after purchasing an additional 3,626,135 shares in the last quarter. Norges Bank bought a new position in shares of Charter Communications during the 4th quarter valued at about $555,383,000. Bank of America Corp DE increased its position in shares of Charter Communications by 28.4% during the 1st quarter. Bank of America Corp DE now owns 731,708 shares of the company’s stock valued at $157,961,000 after purchasing an additional 161,888 shares during the last quarter. Lind Value II ApS raised its holdings in shares of Charter Communications by 180.5% during the 4th quarter. Lind Value II ApS now owns 618,373 shares of the company’s stock valued at $129,085,000 after buying an additional 397,928 shares in the last quarter. Finally, State of Michigan Retirement System raised its holdings in shares of Charter Communications by 1,547.4% during the 1st quarter. State of Michigan Retirement System now owns 431,582 shares of the company’s stock valued at $93,170,000 after buying an additional 405,385 shares in the last quarter. Hedge funds and other institutional investors own 81.76% of the company’s stock.

More Charter Communications News

Here are the key news stories impacting Charter Communications this week:

• Positive Sentiment: Charter’s Cox merger expands its addressable market by more than 11 million homes and businesses. The company is promoting Spectrum internet, mobile and television services in former Cox markets, which could support customer additions, bundled sales and operating scale. Spectrum expands into former Cox markets
• Positive Sentiment: Analysts’ reported average price target of $226.88 is substantially above the current trading level, suggesting some investors view the stock as undervalued after its steep decline. Analysts set Charter price target
• Positive Sentiment: Commentary highlights Charter’s wireless growth, acquisition discipline and dividend profile as potential longer-term support for the investment case. Charter Cox merger and wireless growth
• Neutral Sentiment: Charter declared its regular quarterly cash dividend on Series A preferred stock. The announcement confirms the distribution but does not change the outlook for common-stock earnings. Charter declares preferred-stock dividend
• Negative Sentiment: A broadband subscriber warning remains the main near-term concern, raising questions about demand, competition and whether the Cox integration can quickly offset customer losses. Charter broadband subscriber warning
• Negative Sentiment: Wolfe Research assigned Charter an Underperform rating, while Bernstein reiterated a Hold view, reinforcing investor caution despite the low valuation. Wolfe Research Underperform rating Bernstein Hold rating

About Representative Pfluger

August Pfluger (Republican Party) is a member of the U.S. House, representing Texas’ 11th Congressional District. He assumed office on January 3, 2021. His current term ends on January 3, 2027.

Pfluger (Republican Party) is running for re-election to the U.S. House to represent Texas’ 11th Congressional District. He declared candidacy for the 2026 election.

August Pfluger lives in San Angelo, Texas. Pfluger graduated from San Angelo High School. He serves in the U.S. Air Force Reserves and has reached the rank of colonel.

Pfluger earned a degree from the U.S. Air Force Academy. His career experience includes working as a National Security Council advisor with the Trump administration.

Charter Communications Company Profile

Charter Communications, Inc is a telecommunications and media company that operates under the Spectrum brand. Its primary business is providing broadband internet, video, mobile, and voice services to residential customers across the United States. Charter also offers communications and managed services to businesses, including internet access, data networking, phone, video, and fiber-based connectivity solutions.

The company’s consumer offerings include high-speed internet, traditional and streaming-enabled television services, mobile wireless plans, and home phone services.