Capital International Sarl Acquires 11,105 Shares of Comcast Co. (NASDAQ:CMCSA)

Capital International Sarl increased its position in Comcast Co. (NASDAQ:CMCSA - Free Report) by 8.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 148,544 shares of the cable giant's stock after purchasing an additional 11,105 shares during the quarter. Capital International Sarl's holdings in Comcast were worth $5,575,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the stock. Promus Capital LLC acquired a new position in shares of Comcast in the fourth quarter valued at approximately $25,000. Winch Advisory Services LLC grew its position in Comcast by 269.9% in the fourth quarter. Winch Advisory Services LLC now owns 688 shares of the cable giant's stock valued at $26,000 after acquiring an additional 502 shares during the last quarter. Roxbury Financial LLC acquired a new position in Comcast during the 4th quarter worth approximately $27,000. Wingate Wealth Advisors Inc. bought a new position in shares of Comcast in the 4th quarter valued at $28,000. Finally, Noble Wealth Management PBC bought a new position in Comcast in the 4th quarter valued at approximately $38,000. Institutional investors and hedge funds own 84.32% of the company's stock.

Analyst Upgrades and Downgrades

CMCSA has been the topic of a number of recent analyst reports. Morgan Stanley dropped 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. BNP Paribas downgraded shares of Comcast from a "neutral" rating to an "underperform" rating and set a $31.00 price objective for the company. in a report on Thursday, April 10th. KeyCorp dropped their price target on shares of Comcast from $47.00 to $45.00 and set an "overweight" rating on the stock in a research note on Monday, April 14th. The Goldman Sachs Group reduced their price target on shares of Comcast from $50.00 to $44.00 and set a "buy" rating for the company in a research report on Friday, January 31st. Finally, Macquarie cut their price objective on Comcast from $42.00 to $36.00 and set a "neutral" rating for the company in a report on Friday, January 31st. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating, eight have given a buy rating and three have issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $42.50.

Comcast Trading Down 4.4 %

NASDAQ:CMCSA traded down $1.51 during midday trading on Thursday, hitting $32.96. 25,344,132 shares of the company traded hands, compared to its average volume of 27,488,807. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 1.09. The firm's fifty day moving average is $35.44 and its 200-day moving average is $38.18. The firm has a market capitalization of $124.61 billion, a P/E ratio of 7.95, a P/E/G ratio of 1.78 and a beta of 0.94. Comcast Co. has a 12-month low of $31.44 and a 12-month high of $45.31.

Comcast (NASDAQ:CMCSA - Get Free Report) last released 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. Comcast had a net margin of 13.09% and a return on equity of 19.98%. The firm had revenue of $29.89 billion during the quarter, compared to analysts' expectations of $29.82 billion. On average, sell-side analysts predict 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. Investors of record on Wednesday, April 2nd were issued a dividend of $0.33 per share. The ex-dividend date of this dividend was Wednesday, April 2nd. This represents a $1.32 dividend on an annualized basis and a yield of 4.01%. This is a boost from Comcast's previous quarterly dividend of $0.31. Comcast's payout ratio is presently 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.