Comcast Co. (NASDAQ:CMCSA) Shares Purchased by Jump Financial LLC

Jump Financial LLC boosted its holdings in Comcast Co. (NASDAQ:CMCSA - Free Report) by 49.1% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 83,699 shares of the cable giant's stock after acquiring an additional 27,576 shares during the quarter. Jump Financial LLC's holdings in Comcast were worth $3,141,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. McIlrath & Eck LLC grew its holdings in Comcast by 14.8% in the third quarter. McIlrath & Eck LLC now owns 2,183 shares of the cable giant's stock worth $91,000 after purchasing an additional 282 shares during the period. Integrated Investment Consultants LLC boosted its position in Comcast by 1.8% in the fourth quarter. Integrated Investment Consultants LLC now owns 16,581 shares of the cable giant's stock worth $622,000 after purchasing an additional 291 shares during the last quarter. Five Oceans Advisors increased its stake in shares of Comcast by 2.5% in the 4th quarter. Five Oceans Advisors now owns 12,336 shares of the cable giant's stock worth $463,000 after purchasing an additional 298 shares in the last quarter. Kovack Advisors Inc. lifted its position in Comcast by 1.1% during the fourth quarter. Kovack Advisors Inc. now owns 26,470 shares of the cable giant's stock valued at $993,000 after purchasing an additional 300 shares in the last quarter. Finally, Old Port Advisors raised its stake in shares of Comcast by 4.9% in the fourth quarter. Old Port Advisors now owns 6,910 shares of the cable giant's stock worth $259,000 after buying an additional 325 shares during the period. Institutional investors and hedge funds own 84.32% of the company's stock.

Comcast Stock Performance

Shares of Comcast stock traded down $0.41 on Monday, reaching $33.60. 22,920,994 shares of the stock were exchanged, compared to its average volume of 21,741,306. 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 twelve month low of $32.20 and a twelve month high of $45.31. The business has a 50 day moving average price of $35.51 and a two-hundred day moving average price of $38.28. The firm has a market capitalization of $127.04 billion, a price-to-earnings ratio of 8.10, a PEG ratio of 1.78 and a beta of 0.94.

Comcast (NASDAQ:CMCSA - Get Free Report) last issued its quarterly earnings data on Thursday, January 30th. The cable giant reported $0.96 earnings per share for the quarter, topping 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%. Analysts anticipate that Comcast Co. will post 4.33 earnings per share for the current fiscal 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. This represents a $1.32 dividend on an annualized basis and a dividend yield of 3.93%. This is a boost from Comcast's previous quarterly dividend of $0.31. The ex-dividend date is Wednesday, April 2nd. Comcast's dividend payout ratio is 31.81%.

Analyst Ratings Changes

Several research firms recently issued reports on CMCSA. Loop Capital cut their target price on Comcast from $54.00 to $53.00 and set a "buy" rating for the company in a research report on Thursday, January 2nd. Citigroup dropped their price objective on shares of Comcast from $47.00 to $44.00 and set a "buy" rating for the company in a report on Friday, January 31st. Wells Fargo & Company downgraded Comcast from an "equal weight" rating to an "underweight" rating and lowered their target price for the company from $37.00 to $31.00 in a research report on Monday, April 14th. StockNews.com upgraded shares of Comcast from a "buy" rating to a "strong-buy" rating in a research report on Thursday, February 27th. Finally, Scotiabank boosted their target price on shares of Comcast from $44.50 to $45.00 and gave the stock a "sector perform" rating in a report on Tuesday, April 8th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating, eight have assigned a buy rating and three have assigned a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $42.50.

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.