Asset Management One Co. Ltd. Has $16.09 Million Stock Holdings in Charter Communications, Inc. $CHTR

Asset Management One Co. Ltd. increased its position in shares of Charter Communications, Inc. (NASDAQ:CHTR) by 1.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 39,351 shares of the company’s stock after acquiring an additional 533 shares during the period. Asset Management One Co. Ltd.’s holdings in Charter Communications were worth $16,087,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also made changes to their positions in the company. Vanguard Personalized Indexing Management LLC boosted its position in shares of Charter Communications by 25.6% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 14,691 shares of the company’s stock worth $6,028,000 after acquiring an additional 2,990 shares in the last quarter. Fulton Breakefield Broenniman LLC acquired a new stake in shares of Charter Communications during the 2nd quarter worth approximately $789,000. Caledonia Investments PLC boosted its position in shares of Charter Communications by 8.3% during the 2nd quarter. Caledonia Investments PLC now owns 153,200 shares of the company’s stock worth $62,628,000 after acquiring an additional 11,800 shares in the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in shares of Charter Communications during the 2nd quarter worth approximately $39,695,000. Finally, WBI Investments LLC acquired a new stake in shares of Charter Communications during the 1st quarter worth approximately $733,000. Institutional investors and hedge funds own 81.76% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently issued reports on CHTR shares. Barclays reduced their price target on shares of Charter Communications from $341.00 to $275.00 and set an “underweight” rating on the stock in a research report on Monday, July 28th. Bank of America cut their target price on shares of Charter Communications from $440.00 to $355.00 and set a “buy” rating on the stock in a research report on Wednesday, September 24th. UBS Group lowered their price target on shares of Charter Communications from $425.00 to $355.00 and set a “neutral” rating for the company in a report on Monday, July 28th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Charter Communications in a report on Friday. Finally, Deutsche Bank Aktiengesellschaft lowered their price target on shares of Charter Communications from $370.00 to $325.00 and set a “hold” rating for the company in a report on Monday, October 6th. Eight investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $373.71.

Charter Communications Trading Up 0.1%

Shares of NASDAQ CHTR opened at $244.20 on Friday. The stock has a market cap of $33.36 billion, a P/E ratio of 6.69, a price-to-earnings-growth ratio of 0.56 and a beta of 1.05. The firm has a 50 day moving average price of $264.77 and a two-hundred day moving average price of $332.13. The company has a debt-to-equity ratio of 4.57, a quick ratio of 0.33 and a current ratio of 0.33. Charter Communications, Inc. has a 52-week low of $243.61 and a 52-week high of $437.06.

Charter Communications (NASDAQ:CHTR) last issued its quarterly earnings data on Friday, July 25th. The company reported $9.18 earnings per share for the quarter, missing the consensus estimate of $10.06 by ($0.88). The business had revenue of $13.77 billion during the quarter, compared to the consensus estimate of $13.76 billion. Charter Communications had a return on equity of 26.77% and a net margin of 9.53%.The business’s revenue for the quarter was up .6% compared to the same quarter last year. During the same period in the prior year, the firm earned $8.49 EPS. As a group, equities analysts forecast that Charter Communications, Inc. will post 38.16 EPS for the current year.

Insider Buying and Selling at Charter Communications

In related news, CEO Christopher L. Winfrey bought 3,670 shares of the stock in a transaction that occurred on Thursday, July 31st. The stock was acquired at an average cost of $273.10 per share, with a total value of $1,002,277.00. Following the transaction, the chief executive officer directly owned 70,243 shares in the company, valued at approximately $19,183,363.30. This trade represents a 5.51% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Balan Nair bought 360 shares of the stock in a transaction that occurred on Thursday, July 31st. The shares were bought at an average cost of $274.21 per share, with a total value of $98,715.60. Following the completion of the transaction, the director owned 9,622 shares in the company, valued at $2,638,448.62. The trade was a 3.89% increase in their ownership of the stock. The disclosure for this purchase can be found here. 0.83% of the stock is owned by company insiders.

Charter Communications 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.