Economy

(CHTR) With Shares Trading unchanged at $392.90 Charter Offers Senior Secured Notes

Xact Kapitalforvaltning AB lifted its holdings in shares of Charter Communications by 4.0% in the first quarter. (NASDAQ:CHTR) by 48.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. Private Advisor Group LLC now owns 7,748 shares of the company's stock valued at $2,571,000 after buying an additional 949 shares during the last quarter. First National Bank of Omaha bought a new position in Charter Communications during the third quarter valued at $203,000. The institutional investor owned 52,306 shares of the company's stock after selling 26,306 shares during the period.

16 analysts on average are expecting Charter Communications, Inc.to report earnings of $1.08 per share for the current quarter. Toronto Dominion Bank now owns 73,693 shares of the company's stock valued at $24,818,000 after purchasing an additional 15,118 shares during the last quarter.

Analysts on average have given a price target of $0 to Charter Communications, Inc. Geneva Advisors LLC purchased a new stake in shares of Charter Communications in the first quarter valued at $217,000.

Traders are feeling more bearish on shares of Charter Communications, Inc. if you take into consideration the rise in short interest. Parallel Advisors LLC now owns 308 shares of the company's stock worth $121,000 after purchasing an additional 93 shares in the last quarter. Telsey Advisory Group raised their target price on Charter Communications from $246.00 to $302.00 and gave the company an "outperform" rating in a report on Monday, October 10th. Teacher Retirement System of Texas now owns 2,309 shares of the company's stock valued at $756,000 after buying an additional 28 shares in the last quarter.

Charter Communications, Inc. (CHTR) is recuperating from the fall at $241.5, the 52-week low. Vetr upgraded Charter Communications from a "buy" rating to a "strong-buy" rating and set a $318.33 target price on the stock in a report on Monday, December 12th. BidaskClub raised Charter Communications from a "hold" rating to a "buy" rating in a report on Saturday, July 8th. Finally, Wells Fargo & Company restated a "market perform" rating and issued a $372.00 target price (up previously from $330.00) on shares of Charter Communications in a report on Sunday, July 30th. There are brokerage firms with lower targets than the average, including one setting a price target of $350. Charter Communications, Inc. was founded in 1999 and is headquartered in Stamford, Connecticut. "(CHTR) Holdings Raised by Mitsubishi UFJ Trust & Banking Corp" was originally reported by Week Herald and is the property of of Week Herald. If you are reading this piece on another domain, it was illegally stolen and republished in violation of USA and worldwide copyright legislation. The volume of LB witnessed a shift from 2.45 million shares, based on a 50-day average, to 4.14 million shares. The company's quarterly EPS surprised Wall Street by as much as 9% to the upside in its last earnings announcement, so investors should note this tendency when assessing consensus estimates. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. L Brands, Inc. has 285.84 million shares outstanding, and in the last trade has seen ATR around 1.28. (NASDAQ:CHTR) stock plunged -0.69% to finish at $392.90. Charter Communications, Inc.'s 50-day moving average is $386.44 and its 200-day moving average is $345.40. Zacks Investment Research lowered Charter Communications from a "hold" rating to a "sell" rating in a report on Wednesday, November 23rd. The firm has a market cap of $98.26 billion, a P/E ratio of 109.14 and a beta of 1.10.

Charter Communications (NASDAQ:CHTR) last announced its earnings results on Thursday, July 27th.

EPS Estimate for the next Quarter is 1.06. The firm had revenue of $10.36 billion during the quarter, compared to analysts' expectations of $10.38 billion. Charter Communications had a net margin of 13.87% and a return on equity of 0.62%. The company's quarterly revenue was up 3.9% on a year-over-year basis. During the same period in the previous year, the company earned $0.99 earnings per share. Analysts predict that Charter Communications, Inc. will post $0.60 earnings per share for the current year.

Charter Communications, Inc (Charter) is a provider of cable services, offering various entertainments, information and communications solutions to residential and commercial customers.



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