Yet Another Research Firm has Initiated Coverage on Charter Communications (NASDAQ:CHTR)

May 17, 2018 - By Robert Crowder

Charter Communications, Inc. (NASDAQ:CHTR) Logo

Investors sentiment increased to 1 in 2017 Q4. 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 Cap owns 350 shares for 0.07% of their portfolio. 34,800 were reported by Selkirk Management Ltd Liability Corp. Covey Capital Advsr Limited Liability Company, a Georgia-based fund reported 6,272 shares. Cibc Ww Markets Corp has invested 0.27% in Charter Communications, Inc. (NASDAQ:CHTR). 41 are held by Private Ocean. 1,650 are owned by Eqis Cap Inc.

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

How KeyBanc Currently Rates Charter Communications (NASDAQ:CHTR)

In an analyst report revealed to investors and clients on Thursday, 17 May, expert analysts at KeyBanc has started coverage on Charter Communications (NASDAQ:CHTR) shares. The company issued a key Sector Weight rating for CHTR stock.

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 41.10% above currents $268.17 stock price. Charter Communications had 15 analyst reports since December 4, 2017 according to SRatingsIntel. Barclays Capital downgraded the stock to “Underweight” rating in Monday, December 4 report. The company was upgraded on Monday, February 5 by Wells Fargo. Jefferies maintained Charter Communications, Inc. (NASDAQ:CHTR) on Monday, February 5 with “Hold” rating. The firm has “Hold” rating by Wells Fargo given on Thursday, January 4. Oppenheimer upgraded Charter Communications, Inc. (NASDAQ:CHTR) on Friday, February 2 to “Hold” rating. Robert W. Baird maintained Charter Communications, Inc. (NASDAQ:CHTR) on Friday, February 2 with “Hold” rating. The firm has “Buy” rating given on Monday, April 30 by Wells Fargo. Robert W. Baird maintained the shares of CHTR in report on Monday, April 2 with “Hold” rating. Guggenheim upgraded Charter Communications, Inc. (NASDAQ:CHTR) on Wednesday, January 3 to “Buy” rating. RBC Capital Markets maintained it with “Buy” rating and $420.0 target in Tuesday, February 6 report.

The stock decreased 1.53% or $4.16 during the last trading session, reaching $268.17. About 1.16 million 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 $253.15M for 72.87 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 $73.79 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 7.87 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: Benzinga.com which released: “KeyBanc On Comcast: Uncertainty, Cheap Valuation Makes This A Buying Opportunity” on May 17, 2018, also Streetinsider.com with their article: “Glenview Capital Enters AmerisourceBergen (ABC), Express Scripts (ESRX), T-Mobile (TMUS) (more…) -13F” published on May 15, 2018, Streetinsider.com published: “Lone Pine’s 13F Shows New Stake in Dollar Tree (DLTR), Square (SQ), T-Mobile (TMUS) (more…)” on May 15, 2018. More interesting news about Charter Communications, Inc. (NASDAQ:CHTR) were released by: Gurufocus.com and their article: “Facebook Dominates Gurus’ Portfolios in 1st Quarter” published on May 17, 2018 as well as Streetinsider.com‘s news article titled: “Tiger Global’s 13F Shows New Stake in Twitter (TWTR), Mercado (MELI), Increases Stake in Amazon (AMZN) (more…)” with publication date: May 15, 2018.

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

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