Landscape Capital Management L.L.C. Acquires Shares of 56,181 Comcast Co. (NASDAQ:CMCSA)

Landscape Capital Management L.L.C. purchased a new position in shares of Comcast Co. (NASDAQ:CMCSA - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 56,181 shares of the cable giant's stock, valued at approximately $2,108,000.

Other institutional investors and hedge funds have also modified their holdings of the company. McIlrath & Eck LLC raised its stake in shares of Comcast by 14.8% in the third quarter. McIlrath & Eck LLC now owns 2,183 shares of the cable giant's stock worth $91,000 after acquiring an additional 282 shares during the last quarter. Dunhill Financial LLC increased its holdings in Comcast by 54.8% in the third quarter. Dunhill Financial LLC now owns 814 shares of the cable giant's stock valued at $34,000 after purchasing an additional 288 shares during the last quarter. Integrated Investment Consultants LLC raised its position in shares of Comcast by 1.8% in the 4th quarter. Integrated Investment Consultants LLC now owns 16,581 shares of the cable giant's stock valued at $622,000 after acquiring an additional 291 shares during the period. Five Oceans Advisors boosted its stake in Comcast by 2.5% during the 4th quarter. Five Oceans Advisors now owns 12,336 shares of the cable giant's stock worth $463,000 after acquiring an additional 298 shares during the last quarter. Finally, Kovack Advisors Inc. increased its stake in Comcast by 1.1% in the fourth quarter. Kovack Advisors Inc. now owns 26,470 shares of the cable giant's stock valued at $993,000 after purchasing an additional 300 shares in the last quarter. Institutional investors and hedge funds own 84.32% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the stock. Morgan Stanley reduced their price target on shares of Comcast from $45.00 to $38.00 and set an "equal weight" rating on the stock in a research report on Friday, January 31st. Citigroup decreased their target price on Comcast from $47.00 to $44.00 and set a "buy" rating for the company in a research note on Friday, January 31st. Macquarie dropped their price target on Comcast from $42.00 to $36.00 and set a "neutral" rating on the stock in a research report on Friday, January 31st. Sanford C. Bernstein set a $38.00 price objective on Comcast in a research report on Friday, January 31st. Finally, Bank of America downgraded shares of Comcast from a "buy" rating to a "neutral" rating and dropped their target price for the stock from $50.00 to $38.00 in a report on Friday, January 31st. One analyst has rated the stock with a sell rating, nine have assigned a hold rating, eight have assigned a buy rating and three have assigned a strong buy rating to the company's stock. According to MarketBeat.com, Comcast has an average rating of "Moderate Buy" and an average price target of $42.90.

Comcast Stock Performance

CMCSA stock traded down $1.62 during trading hours on Thursday, reaching $33.56. The stock had a trading volume of 12,614,534 shares, compared to its average volume of 21,657,141. The stock has a market capitalization of $126.90 billion, a PE ratio of 8.09, a price-to-earnings-growth ratio of 1.78 and a beta of 0.94. The stock has a 50-day simple moving average of $35.55 and a 200 day simple moving average of $38.66. Comcast Co. has a fifty-two week low of $32.20 and a fifty-two week high of $45.31. The company has a debt-to-equity ratio of 1.09, a current ratio of 0.68 and a quick ratio of 0.68.

Comcast (NASDAQ:CMCSA - Get Free Report) last posted its quarterly earnings results on Thursday, January 30th. The cable giant reported $0.96 EPS for the quarter, topping analysts' consensus estimates of $0.88 by $0.08. Comcast had a return on equity of 19.98% and a net margin of 13.09%. Analysts predict that Comcast Co. will post 4.33 EPS for the current fiscal year.

Comcast Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 23rd. Shareholders of record on Wednesday, April 2nd will be issued a dividend of $0.33 per share. This is an increase from Comcast's previous quarterly dividend of $0.31. The ex-dividend date of this dividend is Wednesday, April 2nd. This represents a $1.32 annualized dividend and a yield of 3.93%. Comcast's dividend payout ratio (DPR) is currently 31.81%.

Comcast Company Profile

Comcast Corporation operates as a media and technology company worldwide. It operates through Residential Connectivity & Platforms, Business Services Connectivity, Media, Studios, and Theme Parks segments. The Residential Connectivity & Platforms segment provides residential broadband and wireless connectivity services, residential and business video services, sky-branded entertainment television networks, and advertising.