Cantor Fitzgerald Investment Advisors L.P. Purchases 123,062 Shares of Comcast Co. (NASDAQ:CMCSA)

Cantor Fitzgerald Investment Advisors L.P. lifted its holdings in shares of Comcast Co. (NASDAQ:CMCSA - Free Report) by 47.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 381,500 shares of the cable giant's stock after acquiring an additional 123,062 shares during the period. Cantor Fitzgerald Investment Advisors L.P.'s holdings in Comcast were worth $14,318,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Winch Advisory Services LLC increased its stake in Comcast by 269.9% in the 4th quarter. Winch Advisory Services LLC now owns 688 shares of the cable giant's stock valued at $26,000 after buying an additional 502 shares during the last quarter. Safe Harbor Fiduciary LLC purchased a new stake in shares of Comcast during the third quarter valued at approximately $30,000. McClarren Financial Advisors Inc. lifted its holdings in Comcast by 365.4% during the third quarter. McClarren Financial Advisors Inc. now owns 726 shares of the cable giant's stock worth $30,000 after acquiring an additional 570 shares during the period. Iron Horse Wealth Management LLC boosted its position in Comcast by 220.3% in the third quarter. Iron Horse Wealth Management LLC now owns 759 shares of the cable giant's stock worth $32,000 after purchasing an additional 522 shares during the last quarter. Finally, Dunhill Financial LLC grew its stake in Comcast by 54.8% in the 3rd 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 period. Institutional investors and hedge funds own 84.32% of the company's stock.

Insider Buying and Selling

In other news, CEO Brian L. Roberts sold 234,464 shares of the company's stock in a transaction that occurred on Tuesday, November 26th. The shares were sold at an average price of $42.66, for a total value of $10,002,234.24. Following the transaction, the chief executive officer now owns 6,669,928 shares in the company, valued at approximately $284,539,128.48. This represents a 3.40 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, President Michael J. Cavanagh sold 25,537 shares of the stock in a transaction that occurred on Tuesday, November 26th. The shares were sold at an average price of $42.59, for a total transaction of $1,087,620.83. Following the sale, the president now owns 534,849 shares in the company, valued at approximately $22,779,218.91. The trade was a 4.56 % decrease in their position. The disclosure for this sale can be found here. 1.26% of the stock is owned by company insiders.

Analyst Ratings Changes

Several equities analysts recently commented on the company. Citigroup dropped their price objective on Comcast from $47.00 to $44.00 and set a "buy" rating on the stock in a research note on Friday, January 31st. Bank of America downgraded Comcast from a "buy" rating to a "neutral" rating and cut their price target for the stock from $50.00 to $38.00 in a research note on Friday, January 31st. Wells Fargo & Company lowered their price objective on Comcast from $45.00 to $37.00 and set an "equal weight" rating on the stock in a research note on Friday, January 31st. Deutsche Bank Aktiengesellschaft increased their target price on shares of Comcast from $49.00 to $50.00 and gave the stock a "buy" rating in a research report on Friday, November 1st. Finally, Barclays lowered their price target on shares of Comcast from $42.00 to $37.00 and set an "equal weight" rating on the stock in a research report on Monday, February 3rd. Ten investment analysts have rated the stock with a hold rating, ten have given a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $44.13.

Comcast Trading Up 0.3 %

NASDAQ:CMCSA traded up $0.10 during mid-day trading on Monday, reaching $34.47. 26,990,410 shares of the company's stock traded hands, compared to its average volume of 27,743,412. Comcast Co. has a 12-month low of $32.50 and a 12-month 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 0.72. The company has a 50 day moving average price of $37.71 and a 200-day moving average price of $39.88. The firm has a market capitalization of $130.33 billion, a price-to-earnings ratio of 8.31, a PEG ratio of 1.69 and a beta of 1.00.

Comcast (NASDAQ:CMCSA - Get Free Report) last issued its quarterly earnings data on Thursday, January 30th. The cable giant reported $0.96 EPS for the quarter, topping the consensus estimate of $0.88 by $0.08. Comcast had a net margin of 13.09% and a return on equity of 19.98%. On average, sell-side analysts predict that Comcast Co. will post 4.33 earnings per share for the current year.

Comcast Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 23rd. Stockholders of record on Wednesday, April 2nd will be given a $0.33 dividend. The ex-dividend date of this dividend is Wednesday, April 2nd. This is an increase from Comcast's previous quarterly dividend of $0.31. This represents a $1.32 dividend on an annualized basis and a dividend yield of 3.83%. Comcast's dividend payout ratio is currently 31.81%.

About Comcast

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.