10,646 Charter Communications, Inc. $CHTR Shares Acquired by Signaturefd LLC

Signaturefd LLC increased its position in shares of Charter Communications, Inc. (NASDAQ:CHTR) by 1,107.8% during the third quarter, Holdings Channel reports. The fund owned 11,607 shares of the company’s stock after acquiring an additional 10,646 shares during the quarter. Signaturefd LLC’s holdings in Charter Communications were worth $1,287,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Citizens Financial Group Inc. RI lifted its position in shares of Charter Communications by 550.1% in the third quarter. Citizens Financial Group Inc. RI now owns 23,929 shares of the company’s stock worth $2,654,000 after purchasing an additional 20,248 shares in the last quarter. Evergreen Capital Management LLC acquired a new stake in shares of Charter Communications during the third quarter worth approximately $1,492,000. Manchester Capital Management LLC grew its position in Charter Communications by 803.7% during the third quarter. Manchester Capital Management LLC now owns 488 shares of the company’s stock valued at $54,000 after purchasing an additional 434 shares in the last quarter. Farmers & Merchants Investments Inc. purchased a new position in Charter Communications during the third quarter valued at approximately $3,896,000. Finally, Sterling Capital Management LLC grew its position in Charter Communications by 3,053.3% during the third quarter. Sterling Capital Management LLC now owns 75,144 shares of the company’s stock valued at $8,333,000 after purchasing an additional 72,761 shares in the last quarter. Hedge funds and other institutional investors own 81.76% of the company’s stock.

Wall Street Analysts Forecast Growth

CHTR has been the topic of a number of research reports. TD Cowen dropped their price target on shares of Charter Communications from $413.00 to $380.00 and set a “buy” rating on the stock in a research note on Monday, July 27th. Citigroup reduced their price objective on Charter Communications from $190.00 to $180.00 and set a “buy” rating for the company in a research report on Tuesday, July 28th. BNP Paribas Exane lowered their target price on Charter Communications from $150.00 to $120.00 and set an “underperform” rating on the stock in a research note on Tuesday, July 14th. Morgan Stanley cut their price target on Charter Communications from $150.00 to $140.00 and set an “equal weight” rating for the company in a research note on Friday, September 25th. Finally, Wolfe Research reiterated an “underperform” rating and set a $118.00 price target on shares of Charter Communications in a report on Monday, September 14th. Five investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and seven have given a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Reduce” and a consensus target price of $202.53.

Charter Communications Stock Performance

NASDAQ CHTR opened at $104.93 on Wednesday. The company’s fifty day moving average is $126.67 and its two-hundred day moving average is $166.71. Charter Communications, Inc. has a 52-week low of $101.11 and a 52-week high of $254.11.

Charter Communications Company Profile

Charter Communications, Inc is a telecommunications and broadband services company that operates under the Spectrum brand. The company provides internet access, video entertainment, mobile communications and voice services to residential customers, as well as connectivity, data networking, cloud, security and other communications solutions to businesses and government organizations.

Charter operates one of the largest broadband networks in the United States, serving customers across dozens of states.