Charter Comm (NASDAQ:CHTR) Reaching An Inflection Point; KeyBanc Capital Mkts Coverage Initiated as “Sector Weight”

May 17, 2018 - By Duane Lopez

Charter Communications, Inc. (NASDAQ:CHTR) Logo

Investors sentiment increased to 1 in Q4 2017. Its up 0.75, from 0.25 in 2017Q3. It increased, as 2 investors sold Charter Communications, Inc. shares while 1 reduced holdings. 0 funds opened positions while 3 raised stakes. 154,320 shares or 39.77% less from 256,223 shares in 2017Q3 were reported.

Eidelman Virant owns 350 shares or 0.07% of their US portfolio. Eqis Cap accumulated 1,650 shares. Private Ocean Lc stated it has 0.01% of its portfolio in Charter Communications, Inc. (NASDAQ:CHTR). Covey Advsr Llc owns 6,272 shares for 2.79% of their portfolio. Cibc World Markets reported 0.27% of its portfolio in Charter Communications, Inc. (NASDAQ:CHTR). Selkirk Management Ltd Liability owns 34,800 shares.

Since February 6, 2018, it had 0 buys, and 1 insider sale for $9.85 million activity.

How KeyBanc Capital Mkts Currently Rates Charter Comm (NASDAQ:CHTR)

Analysts at KeyBanc Capital Mkts has initiated coverage for shares of Charter Comm (NASDAQ:CHTR) in a research note revealed to investors on Thursday morning. The financial company set a “Sector Weight” rating on the $74.07B market cap firm.

Charter Communications, Inc. (NASDAQ:CHTR) Ratings Coverage

Among 10 analysts covering Charter Communications (NASDAQ:CHTR), 6 have Buy rating, 1 Sell and 3 Hold. Therefore 60% are positive. Charter Communications has $440.0 highest and $300 lowest target. $378.38’s average target is 40.57% above currents $269.17 stock price. Charter Communications had 15 analyst reports since December 4, 2017 according to SRatingsIntel. The stock of Charter Communications, Inc. (NASDAQ:CHTR) has “Hold” rating given on Friday, February 2 by Oppenheimer. As per Friday, February 2, the company rating was maintained by SunTrust. On Monday, April 30 the stock rating was maintained by Wells Fargo with “Buy”. The stock has “Outperform” rating by Wells Fargo on Monday, February 5. Jefferies maintained the stock with “Hold” rating in Monday, February 5 report. The stock of Charter Communications, Inc. (NASDAQ:CHTR) earned “Underweight” rating by Barclays Capital on Monday, December 4. The firm earned “Hold” rating on Friday, February 2 by Robert W. Baird. RBC Capital Markets maintained the shares of CHTR in report on Tuesday, February 6 with “Buy” rating. The firm has “Hold” rating by Robert W. Baird given on Monday, April 2. The firm has “Buy” rating by Buckingham Research given on Monday, April 30.

The stock decreased 1.16% or $3.16 during the last trading session, reaching $269.17. About 806,863 shares traded. Charter Communications, Inc. (NASDAQ:CHTR) has declined 4.00% since May 17, 2017 and is downtrending. It has underperformed by 15.55% the S&P500.

Analysts await Charter Communications, Inc. (NASDAQ:CHTR) to report earnings on July, 26. They expect $0.92 EPS, up 76.92 % or $0.40 from last year’s $0.52 per share. CHTR’s profit will be $253.15 million for 73.14 P/E if the $0.92 EPS becomes a reality. After $0.70 actual EPS reported by Charter Communications, Inc. for the previous quarter, Wall Street now forecasts 31.43 % EPS growth.

Charter Communications, Inc., through its subsidiaries, provides cable services to residential and commercial clients in the United States. The company has market cap of $74.07 billion. It offers subscription video services, including a package of basic video programming, video on demand, high definition television, digital video recorder, pay-per-view, and Spectrum guide services, as well as ad-supported free online video products. It has a 7.9 P/E ratio. The firm also provides Internet services, such as security suite that protects computers from viruses and spyware; in-home WiFi, which permits clients to lease high performance wireless routers to enhance their in-home wireless Internet experience; out-of-home WiFi; parental control features; and residential Internet services.

More notable recent Charter Communications, Inc. (NASDAQ:CHTR) news were published by: Streetinsider.com which released: “Lone Pine’s 13F Shows New Stake in Dollar Tree (DLTR), Square (SQ), T-Mobile (TMUS) (more…)” on May 15, 2018, also Benzinga.com with their article: “Benzinga’s Top Upgrades, Downgrades For May 17, 2018” published on May 17, 2018, Streetinsider.com published: “Glenview Capital Enters AmerisourceBergen (ABC), Express Scripts (ESRX), T-Mobile (TMUS) (more…) -13F” on May 15, 2018. More interesting news about Charter Communications, Inc. (NASDAQ:CHTR) were released by: Benzinga.com and their article: “No Cord Cutting: KeyBanc Prefers Cable Over Wireless In Broadband Picks” published on May 17, 2018 as well as Nasdaq.com‘s news article titled: “Why Charter Communications, Inc. Stock Fell Friday” with publication date: April 27, 2018.

Charter Communications, Inc. (NASDAQ:CHTR) Ratings Chart

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