Comcast Co. (NASDAQ:CMCSA) Shares Sold by Edmond DE Rothschild Holding S.A.

Edmond DE Rothschild Holding S.A. trimmed its holdings in shares of Comcast Co. (NASDAQ:CMCSA - Free Report) by 27.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 29,490 shares of the cable giant's stock after selling 11,100 shares during the period. Edmond DE Rothschild Holding S.A.'s holdings in Comcast were worth $1,107,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Promus Capital LLC acquired a new stake in shares of Comcast during the 4th quarter worth approximately $25,000. Winch Advisory Services LLC grew its position in Comcast by 269.9% during the fourth 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 period. Roxbury Financial LLC purchased a new position in Comcast in the fourth quarter valued at $27,000. Wingate Wealth Advisors Inc. acquired a new position in shares of Comcast in the fourth quarter worth about $28,000. Finally, Safe Harbor Fiduciary LLC purchased a new stake in shares of Comcast during the 3rd quarter worth about $30,000. 84.32% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

CMCSA has been the subject of a number of analyst reports. Benchmark reduced their price target on Comcast from $57.00 to $55.00 and set a "buy" rating for the company in a report on Friday, January 31st. 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 note on Friday, January 31st. Seaport Res Ptn upgraded shares of Comcast from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, December 11th. Loop Capital cut their target price on shares of Comcast from $54.00 to $53.00 and set a "buy" rating for the company in a research note on Thursday, January 2nd. Finally, Macquarie decreased their price target on shares of Comcast from $42.00 to $36.00 and set a "neutral" rating on the stock in a research note on Friday, January 31st. Ten research analysts have rated the stock with a hold rating, eight have issued a buy rating and three have assigned a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $43.08.

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Comcast Trading Down 6.6 %

NASDAQ:CMCSA traded down $2.34 on Friday, reaching $33.38. The company's stock had a trading volume of 37,310,535 shares, compared to its average volume of 21,518,412. The firm has a market cap of $126.21 billion, a price-to-earnings ratio of 8.04, 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 12-month low of $32.50 and a 12-month high of $45.31. The stock has a 50 day moving average price of $35.76 and a 200 day moving average price of $38.87.

Comcast (NASDAQ:CMCSA - Get Free Report) last posted its earnings results on Thursday, January 30th. The cable giant reported $0.96 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%. On average, equities analysts anticipate that Comcast Co. will post 4.33 EPS for the current fiscal year.

Comcast Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 23rd. Stockholders of record on Wednesday, April 2nd will be given a dividend of $0.33 per share. This is a positive change from Comcast's previous quarterly dividend of $0.31. This represents a $1.32 annualized dividend and a dividend yield of 3.95%. The ex-dividend date is Wednesday, April 2nd. 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.