Public Employees Retirement System of Ohio reduced its holdings in shares of Charter Communications, Inc. (NASDAQ:CHTR) by 3.1% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 128,391 shares of the company’s stock after selling 4,076 shares during the quarter. Public Employees Retirement System of Ohio’s holdings in Charter Communications were worth $43,134,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the company. Price Capital Management Inc. bought a new position in shares of Charter Communications in the fourth quarter valued at $101,000. Huntington National Bank bought a new position in shares of Charter Communications in the third quarter valued at $128,000. Northwestern Mutual Wealth Management Co. grew its stake in shares of Charter Communications by 109.7% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 409 shares of the company’s stock valued at $137,000 after buying an additional 214 shares in the last quarter. CLS Investments LLC grew its stake in shares of Charter Communications by 4,733.3% in the third quarter. CLS Investments LLC now owns 435 shares of the company’s stock valued at $158,000 after buying an additional 426 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC bought a new position in shares of Charter Communications in the third quarter valued at $180,000. 72.01% of the stock is owned by institutional investors.

In other Charter Communications news, EVP Jonathan Hargis sold 27,000 shares of the firm’s stock in a transaction on Tuesday, February 6th. The stock was sold at an average price of $364.76, for a total transaction of $9,848,520.00. Following the completion of the sale, the executive vice president now owns 34,931 shares of the company’s stock, valued at approximately $12,741,431.56. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.56% of the company’s stock.

Several equities analysts recently weighed in on the stock. Barclays raised their target price on shares of Charter Communications from $283.00 to $300.00 and gave the company an “underweight” rating in a research note on Monday, February 5th. Wells Fargo & Co raised shares of Charter Communications from a “market perform” rating to an “outperform” rating and raised their target price for the company from $387.50 to $460.00 in a research note on Monday, February 5th. Pivotal Research reissued a “buy” rating and issued a $500.00 target price (up from $420.00) on shares of Charter Communications in a research note on Monday, February 5th. Zacks Investment Research cut shares of Charter Communications from a “hold” rating to a “sell” rating in a research note on Wednesday, January 31st. Finally, TheStreet raised shares of Charter Communications from a “c” rating to a “b+” rating in a research note on Friday, February 2nd. Three research analysts have rated the stock with a sell rating, eight have given a hold rating and thirteen have assigned a buy rating to the company. Charter Communications currently has a consensus rating of “Hold” and an average price target of $396.11.

Shares of Charter Communications, Inc. (NASDAQ CHTR) opened at $357.88 on Tuesday. Charter Communications, Inc. has a twelve month low of $308.30 and a twelve month high of $408.83. The stock has a market capitalization of $83,341.15, a price-to-earnings ratio of 9.99, a price-to-earnings-growth ratio of 2.94 and a beta of 1.14. The company has a current ratio of 0.23, a quick ratio of 0.23 and a debt-to-equity ratio of 1.43.

Charter Communications (NASDAQ:CHTR) last announced its quarterly earnings results on Friday, February 2nd. The company reported $0.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.85 by $0.01. Charter Communications had a return on equity of 1.11% and a net margin of 23.80%. The business had revenue of $10.60 billion during the quarter, compared to the consensus estimate of $10.60 billion. During the same quarter last year, the firm posted $1.67 EPS. The company’s quarterly revenue was up 3.2% on a year-over-year basis. equities research analysts expect that Charter Communications, Inc. will post 4.55 earnings per share for the current fiscal year.

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Charter Communications Company Profile

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.

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

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