Capital Analysts LLC Acquires 16,343 Shares of Comcast Co. (NASDAQ:CMCSA)

Capital Analysts LLC increased its position in Comcast Co. (NASDAQ:CMCSA - Free Report) by 7.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 251,258 shares of the cable giant's stock after buying an additional 16,343 shares during the period. Capital Analysts LLC's holdings in Comcast were worth $9,430,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the company. Promus Capital LLC bought a new position in shares of Comcast during the 4th quarter worth approximately $25,000. Winch Advisory Services LLC lifted its position in shares of Comcast by 269.9% during the 4th quarter. Winch Advisory Services LLC now owns 688 shares of the cable giant's stock worth $26,000 after buying an additional 502 shares in the last quarter. Roxbury Financial LLC bought a new position in shares of Comcast during the 4th quarter worth approximately $27,000. Wingate Wealth Advisors Inc. bought a new position in shares of Comcast during the 4th quarter worth approximately $28,000. Finally, OFI Invest Asset Management bought a new position in shares of Comcast during the 4th quarter worth approximately $37,000. 84.32% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the company. BNP Paribas downgraded Comcast from a "neutral" rating to an "underperform" rating and set a $31.00 price objective on the stock. in a research note on Thursday, April 10th. Oppenheimer cut their price target on Comcast from $55.00 to $38.00 and set an "outperform" rating for the company in a research note on Friday. Loop Capital cut their price target on Comcast from $54.00 to $53.00 and set a "buy" rating for the company in a research note on Thursday, January 2nd. Rosenblatt Securities reiterated a "neutral" rating and set a $36.00 price target on shares of Comcast in a research note on Monday. Finally, Benchmark cut their price target on Comcast from $57.00 to $55.00 and set a "buy" rating for the company in a research note on Friday, January 31st. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating, nine have issued a buy rating and three have issued a strong buy rating to the stock. Based on data from MarketBeat.com, Comcast presently has an average rating of "Moderate Buy" and a consensus price target of $41.88.

Comcast Price Performance

Shares of NASDAQ CMCSA traded down $0.13 during trading hours on Monday, reaching $33.77. 27,894,383 shares of the stock traded hands, compared to its average volume of 21,843,929. The company has a market capitalization of $127.69 billion, a P/E ratio of 8.14, a price-to-earnings-growth ratio of 1.78 and a beta of 0.94. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 1.09. Comcast Co. has a 52-week low of $31.44 and a 52-week high of $45.31. The company's 50-day simple moving average is $35.30 and its two-hundred day simple moving average is $37.98.

Comcast (NASDAQ:CMCSA - Get Free Report) last announced its quarterly earnings results on Thursday, April 24th. The cable giant reported $1.09 EPS for the quarter, topping analysts' consensus estimates of $1.01 by $0.08. The business had revenue of $29.89 billion for the quarter, compared to analysts' expectations of $29.82 billion. Comcast had a return on equity of 19.98% and a net margin of 13.09%. The business's quarterly revenue was down .6% on a year-over-year basis. During the same period in the previous year, the firm earned $1.04 EPS. Equities research analysts forecast that Comcast Co. will post 4.33 EPS for the current year.

Comcast Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 23rd. Stockholders of record on Wednesday, April 2nd were given a $0.33 dividend. This is a positive change from Comcast's previous quarterly dividend of $0.31. This represents a $1.32 dividend on an annualized basis and a dividend yield of 3.91%. The ex-dividend date was Wednesday, April 2nd. Comcast's dividend payout ratio (DPR) is currently 32.43%.

Comcast 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.