Mn Services Vermogensbeheer B.V. Sells 900 Shares of Charter Communications, Inc. (NASDAQ:CHTR)

Mn Services Vermogensbeheer B.V. decreased its position in Charter Communications, Inc. (NASDAQ:CHTR) by 2.4% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 36,900 shares of the company’s stock after selling 900 shares during the quarter. Mn Services Vermogensbeheer B.V.’s holdings in Charter Communications were worth $11,959,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in CHTR. Reston Wealth Management LLC purchased a new position in shares of Charter Communications in the 3rd quarter worth approximately $26,000. CVA Family Office LLC boosted its holdings in shares of Charter Communications by 5,500.0% in the 2nd quarter. CVA Family Office LLC now owns 112 shares of the company’s stock worth $33,000 after purchasing an additional 110 shares during the period. New Covenant Trust Company N.A. purchased a new position in shares of Charter Communications in the 1st quarter worth approximately $34,000. Grove Bank & Trust boosted its holdings 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 purchasing an additional 34 shares during the period. Finally, Massmutual Trust Co. FSB ADV boosted its holdings in shares of Charter Communications by 109.2% in the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 159 shares of the company’s stock worth $48,000 after purchasing an additional 83 shares during the period. Institutional investors own 81.76% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on CHTR shares. Citigroup upgraded Charter Communications from a “sell” rating to a “neutral” rating and set a $350.00 target price for the company in a report on Wednesday, September 11th. Wolfe Research cut Charter Communications from a “peer perform” rating to an “underperform” rating and set a $300.00 price objective for the company. in a report on Monday, September 30th. Benchmark boosted their price objective on Charter Communications from $440.00 to $450.00 and gave the company a “buy” rating in a report on Tuesday. Morgan Stanley boosted their price objective on Charter Communications from $360.00 to $415.00 and gave the company an “equal weight” rating in a report on Monday. Finally, JPMorgan Chase & Co. boosted their price objective on Charter Communications from $385.00 to $400.00 and gave the company a “neutral” rating in a report on Monday. Four research analysts have rated the stock with a sell rating, nine have issued a hold rating and five have given a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $379.06.

Charter Communications Trading Up 1.7 %

CHTR opened at $382.38 on Wednesday. The firm has a market cap of $54.58 billion, a price-to-earnings ratio of 11.98, a PEG ratio of 0.66 and a beta of 1.03. The company has a current ratio of 0.34, a quick ratio of 0.39 and a debt-to-equity ratio of 5.24. Charter Communications, Inc. has a 12 month low of $236.08 and a 12 month high of $422.92. The stock has a fifty day moving average price of $333.90 and a 200-day moving average price of $314.01.

Charter Communications (NASDAQ:CHTR) last released its quarterly earnings results on Friday, November 1st. The company reported $8.82 EPS for the quarter, topping the consensus estimate of $8.55 by $0.27. The firm had revenue of $13.80 billion during the quarter, compared to analyst estimates of $13.66 billion. Charter Communications had a return on equity of 28.73% and a net margin of 8.52%. The business’s revenue for the quarter was up 1.6% compared to the same quarter last year. During the same period in the previous year, the company posted $8.25 EPS. As a group, equities research analysts anticipate that Charter Communications, Inc. will post 32.51 earnings per share for the current fiscal year.

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.