Vaughan David Investments Inc. IL boosted its stake in shares of Charter Communications, Inc. (NASDAQ:CHTR) by 7,043.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 50,076 shares of the company’s stock after buying an additional 49,375 shares during the quarter. Vaughan David Investments Inc. IL’s holdings in Charter Communications were worth $6,245,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of CHTR. Doyle Wealth Management lifted its holdings in shares of Charter Communications by 10.8% in the second quarter. Doyle Wealth Management now owns 19,824 shares of the company’s stock valued at $6,678,000 after purchasing an additional 1,931 shares in the last quarter. Insight Capital Research & Management Inc. purchased a new stake in shares of Charter Communications in the second quarter valued at about $1,366,000. Meag Munich Ergo Kapitalanlagegesellschaft MBH purchased a new stake in shares of Charter Communications in the second quarter valued at about $6,083,000. Regentatlantic Capital LLC purchased a new stake in shares of Charter Communications in the second quarter valued at about $372,000. Finally, ING Groep NV lifted its holdings in shares of Charter Communications by 0.3% in the second quarter. ING Groep NV now owns 28,779 shares of the company’s stock valued at $9,694,000 after purchasing an additional 77 shares in the last quarter. Institutional investors own 76.36% of the company’s stock.

Several analysts have issued reports on the stock. Macquarie reaffirmed a “buy” rating and issued a $430.00 price target on shares of Charter Communications in a report on Tuesday, October 3rd. reaffirmed a “hold” rating and issued a $360.00 price target (up previously from $300.00) on shares of Charter Communications in a report on Tuesday, August 1st. Pivotal Research reaffirmed a “buy” rating and issued a $420.00 price target (up previously from $405.00) on shares of Charter Communications in a report on Friday, October 27th. Wells Fargo & Company reaffirmed a “market perform” rating and issued a $372.00 price target (up previously from $330.00) on shares of Charter Communications in a report on Sunday, July 30th. Finally, Moffett Nathanson reaffirmed a “neutral” rating on shares of Charter Communications in a report on Monday, October 16th. Thirteen equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and two have issued a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of $378.12.

Charter Communications, Inc. (NASDAQ:CHTR) traded up $0.91 during trading hours on Friday, reaching $341.54. 1,248,394 shares of the company’s stock were exchanged, compared to its average volume of 1,674,883. The company has a debt-to-equity ratio of 1.55, a quick ratio of 0.40 and a current ratio of 0.40. The stock has a market capitalization of $83,090.00, a P/E ratio of 209.20, a P/E/G ratio of 5.23 and a beta of 1.10. Charter Communications, Inc. has a 12 month low of $260.00 and a 12 month high of $408.83.

Charter Communications (NASDAQ:CHTR) last posted its quarterly earnings results on Thursday, October 26th. The company reported $0.19 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.96 by ($0.77). The company had revenue of $10.46 billion for the quarter, compared to analysts’ expectations of $10.49 billion. Charter Communications had a return on equity of 0.91% and a net margin of 1.93%. The business’s revenue for the quarter was up 4.2% on a year-over-year basis. During the same period in the prior year, the business earned $0.69 EPS. research analysts anticipate that Charter Communications, Inc. will post 2.77 earnings per share for the current year.

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In related news, CFO Christopher L. Winfrey purchased 3,100 shares of the business’s stock in a transaction on Monday, October 30th. The shares were bought at an average price of $323.61 per share, with a total value of $1,003,191.00. Following the completion of the purchase, the chief financial officer now directly owns 49,916 shares in the company, valued at approximately $16,153,316.76. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Company insiders own 0.56% of the company’s stock.

About Charter Communications

Charter Communications, Inc (Charter) is a provider of cable services, offering various entertainments, information and communications solutions to residential and commercial customers. The Company’s services include Video Services, Internet Services, Voice Services, Commercial Services and Advertising Services.

Institutional Ownership by Quarter for Charter Communications (NASDAQ:CHTR)

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