Charter Communications, Inc. (NASDAQ:CHTR) Shares Bought by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC grew its holdings in Charter Communications, Inc. (NASDAQ:CHTR) by 1.8% in the third quarter, Holdings Channel.com reports. The institutional investor owned 27,665 shares of the company’s stock after acquiring an additional 493 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Charter Communications were worth $8,966,000 as of its most recent filing with the SEC.

Other hedge funds also recently added to or reduced their stakes in the company. Savant Capital LLC boosted its position in shares of Charter Communications by 1.7% during the 2nd quarter. Savant Capital LLC now owns 1,859 shares of the company’s stock worth $556,000 after purchasing an additional 31 shares in the last quarter. B. Riley Wealth Advisors Inc. grew its holdings in 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 last quarter. Grove Bank & Trust increased its position in Charter Communications by 39.1% during the 3rd quarter. Grove Bank & Trust now owns 121 shares of the company’s stock worth $39,000 after purchasing an additional 34 shares in the last quarter. CVA Family Office LLC raised its position 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 valued at $48,000 after buying an additional 35 shares during the last quarter. Finally, Capital Advisors Ltd. LLC boosted its holdings in shares of Charter Communications by 28.7% during the third quarter. Capital Advisors Ltd. LLC now owns 157 shares of the company’s stock worth $51,000 after purchasing an additional 35 shares during the last quarter. 81.76% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on CHTR shares. Morgan Stanley boosted their price target on Charter Communications from $330.00 to $360.00 and gave the company an “equal weight” rating in a research report on Monday, July 29th. Royal Bank of Canada assumed coverage on Charter Communications in a research note on Thursday, September 19th. They set a “sector perform” rating and a $345.00 price objective on the stock. Rosenblatt Securities increased their target price on Charter Communications from $292.00 to $329.00 and gave the company a “neutral” rating in a research note on Monday, July 29th. Citigroup raised Charter Communications from a “sell” rating to a “neutral” rating and set a $350.00 price target on the stock in a research report on Wednesday, September 11th. Finally, Wells Fargo & Company increased their price objective on shares of Charter Communications from $260.00 to $350.00 and gave the company an “equal weight” rating in a research report on Monday, July 29th. Four analysts have rated the stock with a sell rating, ten have issued a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $356.41.

Charter Communications Price Performance

CHTR opened at $331.30 on Thursday. The company has a quick ratio of 0.39, a current ratio of 0.39 and a debt-to-equity ratio of 5.84. The company’s 50-day moving average price is $332.96 and its 200 day moving average price is $310.74. Charter Communications, Inc. has a fifty-two week low of $236.08 and a fifty-two week high of $424.86. The firm has a market cap of $47.72 billion, a price-to-earnings ratio of 10.71, a price-to-earnings-growth ratio of 0.62 and a beta of 1.05.

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.