Charter Communications stock is trading -34.26% below its average target price of $521.64 after dropping -12.7% during today's morning session. Analysts are giving the large-cap Telecom Services company an average rating of hold and target prices ranging from $273 to $800 per share.
The stock has an average amount of shares sold short at 8.2%, and a short ratio of 4.98. The company's insiders own 35.18% of its outstanding shares, which indicates a strong alignment between management and shareholder interests. Finally, we also note that an average number of institutional investors are invested in the stock, with 68.1% of Charter Communications's shares being owned by this investor type.
Institutions Invested in Charter Communications
Holder | Shares | Date Reported | Percentage | Value |
---|---|---|---|---|
Capital International Investors | 8,473,809 | 2022-06-29 | 5.27% | $3,970,233,730.00 |
Blackrock Inc. | 8,115,255 | 2022-06-29 | 5.05% | $3,802,240,425.00 |
Vanguard Group, Inc. (The) | 7,721,136 | 2022-06-29 | 4.81% | $3,617,583,850.00 |
Dodge & Cox Inc | 6,766,702 | 2022-06-29 | 4.21% | $3,170,402,888.00 |
State Street Corporation | 5,303,896 | 2022-06-29 | 3.30% | $2,485,034,392.00 |
Massachusetts Financial Services Co. | 5,203,578 | 2022-06-29 | 3.24% | $2,438,032,400.00 |
Harris Associates L.P. | 4,165,307 | 2022-06-29 | 2.59% | $1,951,571,288.00 |
Berkshire Hathaway, Inc | 3,828,941 | 2022-06-29 | 2.38% | $1,793,973,726.00 |
JP Morgan Chase & Company | 2,678,154 | 2022-06-29 | 1.67% | $1,254,795,493.00 |
Veritas Asset Management LLP | 2,573,583 | 2022-06-29 | 1.60% | $1,205,800,842.00 |
Top Mutual Funds Invested in Charter Communications
Holder | Shares | Date Reported | Percentage | Value |
---|---|---|---|---|
Dodge & Cox Stock Fund | 4,002,486 | 2022-09-29 | 2.49% | $1,214,154,128.00 |
American Balanced Fund | 3,207,222 | 2022-09-29 | 2.00% | $972,910,793.00 |
Vanguard 500 Index Fund | 2,563,941 | 2022-06-29 | 1.60% | $1,201,283,276.00 |
Vanguard Total Stock Market Index Fund | 2,365,956 | 2022-06-29 | 1.47% | $1,108,521,364.00 |
Invesco ETF Tr-Invesco QQQ Tr, Series 1 ETF | 2,358,958 | 2022-09-29 | 1.47% | $715,589,909.00 |
Growth Fund Of America Inc | 2,210,020 | 2022-09-29 | 1.38% | $670,409,567.00 |
MFS Series Trust I-MFS Value Fund | 1,722,021 | 2022-08-30 | 1.07% | $710,557,525.00 |
Fundamental Investors Inc | 1,342,725 | 2022-09-29 | 0.84% | $407,315,628.00 |
Fidelity 500 Index Fund | 1,242,243 | 2022-08-30 | 0.77% | $512,586,729.00 |
SPDR S&P 500 ETF Trust | 1,215,946 | 2022-09-29 | 0.76% | $368,857,219.00 |
Besides an analyst consensus of strong upside potential, other market factors point to there being mixed market sentiment on Charter Communications.