<div id="readability-page-1"><p>Allianz Asset Management GmbH raised its position in  Charter Communications, Inc. (NASDAQ:CHTR - Free Report) by 48.8% during the second quarter, according to its most recent filing with the SEC. The firm owned 745,271 shares of the company's stock after purchasing an additional 244,324 shares during the period. Allianz Asset Management GmbH owned 0.53% of Charter Communications worth $304,674,000 as of its most recent filing with the SEC.</p><div><p><span></span><span>Get <strong>Charter Communications</strong> alerts:</span></p></div><ul><li>Disney: How the Fubo Sports Deal Became a Game Changer</li></ul><p>A number of other hedge funds and other institutional investors have also recently modified their holdings of CHTR. Farther Finance Advisors LLC lifted its position in shares of  Charter Communications by 61.7% in the 1st quarter. Farther Finance Advisors LLC now owns 498 shares of the company's stock worth $185,000 after purchasing an additional 190 shares during the period.  GAMMA Investing LLC lifted its position in shares of  Charter Communications by 17.8% in the 1st quarter. GAMMA Investing LLC now owns 2,328 shares of the company's stock worth $858,000 after purchasing an additional 351 shares during the period.  Wealth Enhancement Advisory Services LLC lifted its position in shares of  Charter Communications by 21.0% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 3,893 shares of the company's stock worth $1,435,000 after purchasing an additional 676 shares during the period.  Ritholtz Wealth Management increased its stake in shares of  Charter Communications by 6.3% in the 1st quarter. Ritholtz Wealth Management now owns 3,514 shares of the company's stock valued at $1,295,000 after acquiring an additional 209 shares in the last quarter.  Finally, Sagespring Wealth Partners LLC increased its stake in shares of  Charter Communications by 27.2% in the 1st quarter. Sagespring Wealth Partners LLC now owns 893 shares of the company's stock valued at $329,000 after acquiring an additional 191 shares in the last quarter. Institutional investors and hedge funds own  81.76% of the company's stock. </p><h2>Charter Communications Stock Performance</h2><p>Shares of CHTR stock opened at $264.56 on Thursday. The firm has a market capitalization of $36.14 billion, a PE ratio of 7.24, a price-to-earnings-growth ratio of 0.61 and a beta of 1.05. The firm has a fifty day simple moving average of $266.60 and a two-hundred day simple moving average of $337.12. The company has a current ratio of 0.33, a quick ratio of 0.33 and a debt-to-equity ratio of 4.57. Charter Communications, Inc. has a 12 month low of $251.80 and a 12 month high of $437.06. </p><ul><li>Top Streaming Companies: Who’s Winning the Battle?</li></ul><p>Charter Communications (NASDAQ:CHTR - Get Free Report) last announced its quarterly earnings results on Friday, July 25th. The company reported $9.18 EPS for the quarter, missing analysts' consensus estimates of $10.06 by ($0.88). The business had revenue of $13.77 billion for the quarter, compared to the consensus estimate of $13.76 billion. Charter Communications had a net margin of 9.53% and a return on equity of 26.77%. The business's revenue for the quarter was up .6% compared to the same quarter last year. During the same quarter last year, the firm posted $8.49 EPS.  Analysts forecast that  Charter Communications, Inc. will post 38.16 EPS for the current fiscal year. </p><h2>Analysts Set New Price Targets</h2><p>CHTR has been the subject of several research analyst reports. KeyCorp lowered their price objective on shares of Charter Communications from $500.00 to $430.00 and set an &#34;overweight&#34; rating for the company in a research note on Friday, October 3rd. Weiss Ratings  reiterated a &#34;hold (c-)&#34; rating on shares of Charter Communications in a research note on Wednesday, October 8th. Wells Fargo &amp; Company initiated coverage on shares of Charter Communications in a research note on Thursday, August 21st. They issued an &#34;equal weight&#34; rating and a $300.00 price objective for the company. Bank of America lowered their price objective on shares of Charter Communications from $440.00 to $355.00 and set a &#34;buy&#34; rating for the company in a research note on Wednesday, September 24th. Finally, Wolfe Research upgraded shares of Charter Communications from an &#34;underperform&#34; rating to a &#34;peer perform&#34; rating in a research note on Friday, June 20th. Eight analysts have rated the stock with a Buy rating, nine have given a Hold rating and four have assigned  a Sell rating to the company. Based on data from MarketBeat.com, the stock  has a consensus rating of &#34;Hold&#34; and an average price target of $373.71.</p><ul><li>3 large caps with RSIs that scream 'oversold'</li></ul><p><b>Read Our Latest Research Report on Charter Communications</b></p><h2>Insiders Place Their Bets</h2><p>In other news, CEO Christopher L. Winfrey acquired 3,670 shares of the business's stock in a transaction on Thursday, July 31st. The shares were purchased at an average cost of $273.10 per share, with a total value of $1,002,277.00. Following the acquisition, the chief executive officer directly owned 70,243 shares of the company's stock, valued at $19,183,363.30. The trade was a 5.51% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities &amp; Exchange Commission, which can be accessed through this hyperlink. Also, Director Balan Nair acquired 360 shares of the business's stock in a transaction on Thursday, July 31st. The shares were purchased at an average cost of $274.21 per share, for a total transaction of $98,715.60. Following the completion of the acquisition, the director directly owned 9,622 shares in the company, valued at approximately $2,638,448.62. The trade was a 3.89% increase in their ownership of the stock. The disclosure for this purchase can be found here. 0.83% of the stock is owned by insiders. </p><h2>Charter Communications Company Profile</h2> (Free Report)<p>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.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than Charter Communications</li><li>Health Care Stocks Explained: Why You Might Want to Invest</li><li>Palantir’s New Healthcare Deal Boosts AI and Data Reach </li><li>The Basics of Support and  Resistance</li><li>GM's Billion-Dollar Bruise: GM's Strategic Pivot Makes It a Buy</li><li>What Are Dividend Contenders? Investing in Dividend Contenders</li><li>Novo Nordisk’s Akero Therapeutics Buy Targets Eli Lilly’s Lead</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9Q0hUUg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9Q0hUUg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Charter Communications Right Now?</h2><p>Before you consider Charter Communications, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Charter Communications wasn't on the list.</p><p>While Charter Communications currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

CHTR

<p>Allianz Asset Management GmbH increased its stake in Charter Communications, Inc. (NASDAQ:CHTR) by 48.8% in Q2, owning 745,271 shares valued at $304.67 million. Other institutional investors also raised their positions. Charter's stock opened at $264.56, with a market cap of $36.14 billion. The company reported Q2 earnings of $9.18 EPS, missing estimates, and had a revenue of $13.77 billion. Analysts have mixed ratings on the stock, with a consensus rating of "Hold" and an average price target of $373.71.</p>

Allianz Asset Management GmbH Has $304.67 Million Stake in Charter Communications, Inc. $CHTR