Royal London Asset Management Ltd. Has $81.28 Million Holdings in Comcast Co. (NASDAQ:CMCSA)

Royal London Asset Management Ltd. grew its holdings in shares of Comcast Co. (NASDAQ:CMCSA - Free Report) by 0.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 2,165,713 shares of the cable giant's stock after purchasing an additional 14,590 shares during the period. Royal London Asset Management Ltd. owned 0.06% of Comcast worth $81,279,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Promus Capital LLC bought a new position in Comcast during the 4th quarter worth $25,000. Winch Advisory Services LLC grew its position 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 worth $26,000 after acquiring an additional 502 shares during the last quarter. Safe Harbor Fiduciary LLC acquired a new stake in shares of Comcast in the third quarter valued at approximately $30,000. Roxbury Financial LLC acquired a new stake in Comcast in the 4th quarter valued at approximately $27,000. Finally, Wingate Wealth Advisors Inc. bought a new stake in Comcast during the 4th quarter valued at $28,000. 84.32% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

CMCSA has been the subject of a number of research analyst reports. Macquarie cut their target price on Comcast from $42.00 to $36.00 and set a "neutral" rating for the company in a research report on Friday, January 31st. StockNews.com raised Comcast from a "buy" rating to a "strong-buy" rating in a research note on Thursday, February 27th. Seaport Res Ptn raised shares of Comcast from a "hold" rating to a "strong-buy" rating in a report on Wednesday, December 11th. BNP Paribas upgraded shares of Comcast from an "underperform" rating to a "neutral" rating and set a $35.00 target price on the stock in a report on Friday, January 31st. Finally, The Goldman Sachs Group reduced their target price on shares of Comcast from $50.00 to $44.00 and set a "buy" rating for the company in a report on Friday, January 31st. Nine research analysts have rated the stock with a hold rating, nine have assigned a buy rating and three have issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $43.83.

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Comcast Stock Down 0.4 %

Shares of NASDAQ:CMCSA traded down $0.15 during midday trading on Monday, hitting $36.60. 34,932,733 shares of the stock were exchanged, compared to its average volume of 19,872,572. The company has a market capitalization of $138.39 billion, a PE ratio of 8.82, a P/E/G ratio of 1.78 and a beta of 1.00. Comcast Co. has a 52-week low of $32.50 and a 52-week high of $45.31. The company has a debt-to-equity ratio of 1.09, a quick ratio of 0.68 and a current ratio of 0.68. The business's fifty day simple moving average is $35.83 and its two-hundred day simple moving average is $39.08.

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

Comcast Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 23rd. Investors of record on Wednesday, April 2nd will be paid a $0.33 dividend. This represents a $1.32 annualized dividend and a dividend yield of 3.61%. The ex-dividend date is Wednesday, April 2nd. This is a positive change from Comcast's previous quarterly dividend of $0.31. Comcast's payout ratio is presently 31.81%.

About Comcast

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.