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Little House Capital LLC Has $390,000 Stake in Comcast Co. (NASDAQ:CMCSA)

Comcast logo with Consumer Discretionary background

Little House Capital LLC decreased its holdings in Comcast Co. (NASDAQ:CMCSA - Free Report) by 64.4% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 10,385 shares of the cable giant's stock after selling 18,804 shares during the quarter. Little House Capital LLC's holdings in Comcast were worth $390,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of CMCSA. Winch Advisory Services LLC lifted its holdings in 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 acquired a new position in shares of Comcast during the fourth quarter valued at $27,000. Wingate Wealth Advisors Inc. bought a new position in Comcast in the fourth quarter valued at about $28,000. McClarren Financial Advisors Inc. increased its position in Comcast by 365.4% in the third quarter. McClarren Financial Advisors Inc. now owns 726 shares of the cable giant's stock worth $30,000 after purchasing an additional 570 shares during the period. Finally, Safe Harbor Fiduciary LLC bought a new stake in Comcast during the 3rd quarter worth about $30,000. Institutional investors and hedge funds own 84.32% of the company's stock.

Insider Activity at Comcast

In other news, President Michael J. Cavanagh sold 25,537 shares of the business's stock in a transaction dated 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 transaction, the president now directly owns 534,849 shares in the company, valued at $22,779,218.91. The trade was a 4.56 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Brian L. Roberts sold 234,464 shares of the firm's stock in a transaction dated Tuesday, November 26th. The shares were sold at an average price of $42.66, for a total transaction of $10,002,234.24. Following the completion of the sale, the chief executive officer now owns 6,669,928 shares of the company's stock, valued at $284,539,128.48. This trade represents a 3.40 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.26% of the stock is owned by company insiders.

Comcast Stock Up 0.4 %

Shares of NASDAQ:CMCSA traded up $0.13 during mid-day trading on Wednesday, reaching $36.48. 22,698,377 shares of the stock were exchanged, compared to its average volume of 26,956,936. The company has a market cap of $137.93 billion, a P/E ratio of 8.79, a P/E/G ratio of 1.73 and a beta of 1.00. The stock's 50 day simple moving average is $36.79 and its 200-day simple moving average is $39.64. 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 one year low of $32.50 and a one year high of $45.31.

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

Comcast Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 23rd. Stockholders of record on Wednesday, April 2nd will be issued a $0.33 dividend. This is a boost 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 dividend yield of 3.62%. Comcast's dividend payout ratio (DPR) is presently 29.88%.

Analysts Set New Price Targets

Several research analysts have recently issued reports on CMCSA shares. Morgan Stanley reduced their target price on shares of Comcast from $45.00 to $38.00 and set an "equal weight" rating on the stock in a research note on Friday, January 31st. Bank of America lowered shares of Comcast from a "buy" rating to a "neutral" rating and lowered their target price for the stock from $50.00 to $38.00 in a report on Friday, January 31st. Barclays cut their price target on Comcast from $42.00 to $37.00 and set an "equal weight" rating on the stock in a research note on Monday, February 3rd. Loop Capital decreased their price objective on Comcast from $54.00 to $53.00 and set a "buy" rating for the company in a research note on Thursday, January 2nd. Finally, StockNews.com lowered Comcast from a "strong-buy" rating to a "buy" rating in a research note on Monday, February 3rd. Nine research analysts have rated the stock with a hold rating, ten have given a buy rating and two have given a strong buy rating to the company. According to MarketBeat, Comcast presently has a consensus rating of "Moderate Buy" and an average target price of $44.13.

Get Our Latest Stock Analysis on CMCSA

Comcast Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Comcast (NASDAQ:CMCSA)

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