Comcast Co. (NASDAQ:CMCSA) Shares Sold by OneDigital Investment Advisors LLC

OneDigital Investment Advisors LLC decreased its holdings in Comcast Co. (NASDAQ:CMCSA - Free Report) by 22.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 65,499 shares of the cable giant's stock after selling 18,731 shares during the quarter. OneDigital Investment Advisors LLC's holdings in Comcast were worth $2,458,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also bought and sold shares of the business. Promus Capital LLC bought a new position in Comcast in the 4th quarter valued at approximately $25,000. Winch Advisory Services LLC lifted its holdings in shares of 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 purchasing an additional 502 shares in the last quarter. Roxbury Financial LLC bought a new stake in Comcast in the 4th quarter worth about $27,000. Wingate Wealth Advisors Inc. purchased a new position in Comcast in the 4th quarter worth about $28,000. Finally, Noble Wealth Management PBC purchased a new stake in shares of Comcast during the 4th quarter valued at about $38,000. Institutional investors own 84.32% of the company's stock.

Comcast Stock Performance

Comcast stock traded down $0.13 during trading hours on Monday, hitting $33.77. 23,190,655 shares of the stock traded hands, compared to its average volume of 21,837,073. The firm's 50 day moving average price is $35.35 and its 200-day moving average price is $38.03. The stock has a market capitalization of $127.69 billion, a price-to-earnings ratio of 8.14, a P/E/G ratio of 1.78 and a beta of 0.94. Comcast Co. has a 1 year low of $31.44 and a 1 year high of $45.31. The company has a debt-to-equity ratio of 1.09, a current ratio of 0.68 and a quick ratio of 0.68.

Comcast (NASDAQ:CMCSA - Get Free Report) last released its quarterly earnings data on Thursday, April 24th. The cable giant reported $1.09 earnings per share for the quarter, beating analysts' consensus estimates of $1.01 by $0.08. Comcast had a return on equity of 19.98% and a net margin of 13.09%. The business had revenue of $29.89 billion during the quarter, compared to analyst estimates of $29.82 billion. During the same quarter last year, the business posted $1.04 EPS. The company's revenue was down .6% on a year-over-year basis. As a group, equities analysts expect that Comcast Co. will post 4.33 EPS for the current fiscal year.

Comcast Increases Dividend

The business also recently announced 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. The ex-dividend date of this dividend was Wednesday, April 2nd. This represents a $1.32 annualized dividend and a dividend yield of 3.91%. Comcast's dividend payout ratio (DPR) is 32.43%.

Wall Street Analyst Weigh In

A number of brokerages recently commented on CMCSA. Rosenblatt Securities reaffirmed a "neutral" rating and issued a $36.00 target price on shares of Comcast in a report on Monday. Barclays decreased their target price on shares of Comcast from $37.00 to $35.00 and set an "equal weight" rating on the stock in a research note on Monday. UBS Group reduced their price objective on shares of Comcast from $47.00 to $40.00 and set a "neutral" rating for the company in a research note on Tuesday, March 25th. Wells Fargo & Company downgraded shares of Comcast from an "equal weight" rating to an "underweight" rating and dropped their target price for the stock from $37.00 to $31.00 in a report on Monday, April 14th. Finally, StockNews.com raised Comcast from a "buy" rating to a "strong-buy" rating in a report on Thursday, February 27th. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating, nine have issued a buy rating and three have issued a strong buy rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $41.88.

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.