476 Shares in Charter Communications, Inc. (NASDAQ:CHTR) Purchased by Sentry Investment Management LLC

Sentry Investment Management LLC bought a new stake in Charter Communications, Inc. (NASDAQ:CHTR) in the 2nd quarter, according to its most recent disclosure with the SEC. The fund bought 476 shares of the company’s stock, valued at approximately $142,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Principal Securities Inc. acquired a new stake in Charter Communications during the 4th quarter worth approximately $122,000. Jump Financial LLC acquired a new position in Charter Communications during the 4th quarter worth $290,000. Envestnet Portfolio Solutions Inc. raised its position in Charter Communications by 7.8% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 620 shares of the company’s stock valued at $241,000 after purchasing an additional 45 shares in the last quarter. Great Lakes Advisors LLC purchased a new stake in shares of Charter Communications during the fourth quarter worth approximately $1,438,000. Finally, Kentucky Retirement Systems increased its position in shares of Charter Communications by 4.6% in the 4th quarter. Kentucky Retirement Systems now owns 8,048 shares of the company’s stock valued at $3,128,000 after purchasing an additional 357 shares during the last quarter. 81.76% of the stock is currently owned by hedge funds and other institutional investors.

Charter Communications Trading Up 3.5 %

NASDAQ:CHTR opened at $339.03 on Friday. The company has a current ratio of 0.39, a quick ratio of 0.39 and a debt-to-equity ratio of 5.84. The stock’s 50 day simple moving average is $340.23 and its 200-day simple moving average is $300.17. Charter Communications, Inc. has a 12-month low of $236.08 and a 12-month high of $458.30. The firm has a market cap of $48.83 billion, a P/E ratio of 10.96, a PEG ratio of 0.61 and a beta of 1.05.

Charter Communications (NASDAQ:CHTR) last announced its quarterly earnings data on Friday, July 26th. The company reported $8.49 EPS for the quarter, topping analysts’ consensus estimates of $7.98 by $0.51. Charter Communications had a net margin of 8.51% and a return on equity of 30.11%. The company had revenue of $13.69 billion during the quarter, compared to the consensus estimate of $13.59 billion. During the same quarter in the prior year, the firm earned $8.05 EPS. Charter Communications’s quarterly revenue was up .2% on a year-over-year basis. Equities analysts anticipate that Charter Communications, Inc. will post 32.52 EPS for the current year.

Analyst Ratings Changes

Several research firms recently commented on CHTR. Deutsche Bank Aktiengesellschaft increased their target price on Charter Communications from $300.00 to $325.00 and gave the company a “hold” rating in a report on Monday, July 29th. Raymond James lowered Charter Communications from a “market perform” rating to an “underperform” rating in a research report on Monday, July 29th. Pivotal Research increased their price target on shares of Charter Communications from $400.00 to $435.00 and gave the company a “buy” rating in a research note on Monday, July 29th. TD Cowen raised their price objective on shares of Charter Communications from $488.00 to $525.00 and gave the stock a “buy” rating in a report on Monday, July 29th. Finally, Citigroup raised shares of Charter Communications from a “sell” rating to a “neutral” rating and set a $350.00 target price on the stock in a research report on Wednesday. Three research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, Charter Communications has an average rating of “Hold” and an average price target of $360.93.

About Charter Communications

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.