Radnor Capital Management LLC Has $4.29 Million Holdings in Comcast Co. (NASDAQ:CMCSA)

Radnor Capital Management LLC cut its holdings in Comcast Co. (NASDAQ:CMCSA - Free Report) by 11.3% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 114,357 shares of the cable giant's stock after selling 14,548 shares during the period. Comcast accounts for about 0.7% of Radnor Capital Management LLC's holdings, making the stock its 29th biggest position. Radnor Capital Management LLC's holdings in Comcast were worth $4,292,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. World Investment Advisors LLC raised its position in shares of Comcast by 904.0% in the 3rd quarter. World Investment Advisors LLC now owns 254,545 shares of the cable giant's stock worth $10,632,000 after buying an additional 229,192 shares during the period. Tidal Investments LLC grew its stake in Comcast by 15.2% during the third quarter. Tidal Investments LLC now owns 171,440 shares of the cable giant's stock worth $7,161,000 after buying an additional 22,684 shares during the period. Parnassus Investments LLC increased its position in shares of Comcast by 3.7% in the third quarter. Parnassus Investments LLC now owns 1,920,800 shares of the cable giant's stock worth $80,232,000 after acquiring an additional 68,139 shares in the last quarter. Douglas Lane & Associates LLC raised its stake in shares of Comcast by 0.7% in the 3rd quarter. Douglas Lane & Associates LLC now owns 2,210,469 shares of the cable giant's stock valued at $92,331,000 after acquiring an additional 15,807 shares during the period. Finally, Wulff Hansen & CO. lifted its holdings in shares of Comcast by 3,816.0% during the 2nd quarter. Wulff Hansen & CO. now owns 558,382 shares of the cable giant's stock valued at $21,866,000 after acquiring an additional 544,123 shares in the last quarter. Hedge funds and other institutional investors own 84.32% of the company's stock.

Insider Activity at Comcast

In other news, CEO Brian L. Roberts sold 234,464 shares of Comcast stock in a transaction on Tuesday, November 26th. The stock was sold at an average price of $42.66, for a total transaction of $10,002,234.24. Following the transaction, the chief executive officer now directly owns 6,669,928 shares in the company, valued at approximately $284,539,128.48. This trade represents a 3.40 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, President Michael J. Cavanagh sold 25,537 shares of the company's stock in a transaction on Tuesday, November 26th. The shares were sold at an average price of $42.59, for a total value of $1,087,620.83. Following the completion of the sale, the president now owns 534,849 shares of the company's stock, valued at approximately $22,779,218.91. This trade represents a 4.56 % decrease in their position. The disclosure for this sale can be found here. 1.26% of the stock is owned by insiders.

Comcast Stock Performance

Shares of Comcast stock traded up $0.12 during trading hours on Wednesday, reaching $36.50. The company's stock had a trading volume of 22,248,504 shares, compared to its average volume of 24,374,326. Comcast Co. has a one year low of $36.15 and a one year high of $47.11. The company's 50 day simple moving average is $40.44 and its 200 day simple moving average is $40.23. The company has a debt-to-equity ratio of 1.14, a quick ratio of 0.72 and a current ratio of 0.72. The stock has a market cap of $139.67 billion, a P/E ratio of 9.81, a price-to-earnings-growth ratio of 1.50 and a beta of 1.01.

Comcast (NASDAQ:CMCSA - Get Free Report) last issued its earnings results on Thursday, October 31st. The cable giant reported $1.12 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.06 by $0.06. Comcast had a net margin of 11.92% and a return on equity of 19.81%. The firm had revenue of $32.07 billion for the quarter, compared to analysts' expectations of $31.78 billion. During the same quarter last year, the company posted $1.08 earnings per share. Comcast's revenue was up 6.5% on a year-over-year basis. As a group, analysts expect that Comcast Co. will post 4.26 EPS for the current fiscal year.

Comcast Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 29th. Investors of record on Wednesday, January 8th will be issued a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a yield of 3.40%. The ex-dividend date of this dividend is Wednesday, January 8th. Comcast's dividend payout ratio (DPR) is 33.33%.

Wall Street Analyst Weigh In

CMCSA has been the topic of a number of analyst reports. Benchmark reiterated a "buy" rating and set a $60.00 price objective on shares of Comcast in a research note on Tuesday, November 19th. Barclays lifted their price target on shares of Comcast from $40.00 to $42.00 and gave the stock an "equal weight" rating in a research note on Monday, November 4th. StockNews.com cut shares of Comcast from a "strong-buy" rating to a "buy" rating in a research report on Saturday, January 4th. Scotiabank upgraded Comcast from a "sector perform" rating to a "sector outperform" rating and raised their target price for the company from $47.75 to $48.00 in a research note on Friday, November 1st. Finally, Seaport Res Ptn upgraded Comcast from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, December 11th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating, eleven have issued a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat, Comcast presently has an average rating of "Moderate Buy" and an average price target of $47.33.

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.