4,002 Shares in Charter Communications, Inc. (NASDAQ:CHTR) Purchased by B. Metzler seel. Sohn & Co. Holding AG

B. Metzler seel. Sohn & Co. Holding AG bought a new position in Charter Communications, Inc. (NASDAQ:CHTR - Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 4,002 shares of the company's stock, valued at approximately $1,297,000.

A number of other institutional investors and hedge funds have also modified their holdings of CHTR. Savant Capital LLC lifted its position in Charter Communications by 1.7% during the second quarter. Savant Capital LLC now owns 1,859 shares of the company's stock valued at $556,000 after purchasing an additional 31 shares during the period. US Bancorp DE lifted its holdings in shares of Charter Communications by 0.4% during the 3rd quarter. US Bancorp DE now owns 7,370 shares of the company's stock valued at $2,388,000 after buying an additional 31 shares during the period. B. Riley Wealth Advisors Inc. lifted its holdings in shares of Charter Communications by 3.1% during the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 1,051 shares of the company's stock valued at $314,000 after buying an additional 32 shares during the period. Grove Bank & Trust boosted its stake in shares of Charter Communications by 39.1% in the 3rd quarter. Grove Bank & Trust now owns 121 shares of the company's stock worth $39,000 after buying an additional 34 shares during the last quarter. Finally, CVA Family Office LLC grew its holdings in shares of Charter Communications by 31.3% in the third quarter. CVA Family Office LLC now owns 147 shares of the company's stock worth $48,000 after acquiring an additional 35 shares during the period. Institutional investors own 81.76% of the company's stock.

Charter Communications Trading Up 1.2 %

NASDAQ CHTR traded up $4.43 on Friday, hitting $388.27. 1,080,239 shares of the stock were exchanged, compared to its average volume of 1,580,086. The company has a debt-to-equity ratio of 5.24, a quick ratio of 0.34 and a current ratio of 0.34. Charter Communications, Inc. has a 52-week low of $236.08 and a 52-week high of $415.27. The firm has a market capitalization of $55.21 billion, a P/E ratio of 12.16, a P/E/G ratio of 0.61 and a beta of 1.03. The stock has a fifty day moving average price of $348.11 and a two-hundred day moving average price of $325.06.

Charter Communications (NASDAQ:CHTR - Get Free Report) last announced its quarterly earnings data on Friday, November 1st. The company reported $8.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $8.55 by $0.27. The business had revenue of $13.80 billion during the quarter, compared to the consensus estimate of $13.66 billion. Charter Communications had a net margin of 8.52% and a return on equity of 28.73%. The firm's quarterly revenue was up 1.6% compared to the same quarter last year. During the same quarter last year, the firm earned $8.25 earnings per share. Research analysts forecast that Charter Communications, Inc. will post 32.87 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the stock. Raymond James lowered shares of Charter Communications from a "market perform" rating to an "underperform" rating in a research report on Monday, July 29th. Wolfe Research lowered Charter Communications from a "peer perform" rating to an "underperform" rating and set a $300.00 price objective for the company. in a research note on Monday, September 30th. Benchmark raised their target price on Charter Communications from $440.00 to $450.00 and gave the stock a "buy" rating in a report on Tuesday, November 5th. Wells Fargo & Company boosted their price target on Charter Communications from $350.00 to $400.00 and gave the company an "equal weight" rating in a report on Monday, November 4th. Finally, Morgan Stanley raised their price objective on Charter Communications from $360.00 to $415.00 and gave the stock an "equal weight" rating in a research note on Monday, November 4th. Four research analysts have rated the stock with a sell rating, nine have assigned a hold rating and five have given a buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $379.06.

Charter Communications Company Profile

Charter Communications, Inc operates as a broadband connectivity and cable operator company serving residential and commercial customers in the United States. The company offers subscription-based internet, video, and mobile and voice services; a suite of broadband connectivity services, including fixed internet, WiFi, and mobile; Advanced WiFi services; Spectrum Security Shield; in-home WiFi, which provides customers with high performance wireless routers and managed WiFi services to enhance their fixed wireless internet experience; out-of-home WiFi; and Spectrum WiFi services.