25,956 Shares in Comcast Co. (NASDAQ:CMCSA) Acquired by Stevens Capital Management LP

Stevens Capital Management LP purchased a new position in shares of Comcast Co. (NASDAQ:CMCSA - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 25,956 shares of the cable giant's stock, valued at approximately $974,000.

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

Analyst Upgrades and Downgrades

Several research firms recently issued reports on CMCSA. Benchmark dropped their target price on shares of Comcast from $57.00 to $55.00 and set a "buy" rating on the stock in a report on Friday, January 31st. Citigroup dropped their price objective on Comcast from $47.00 to $44.00 and set a "buy" rating on the stock in a research note on Friday, January 31st. The Goldman Sachs Group decreased their target price on Comcast from $50.00 to $44.00 and set a "buy" rating for the company in a research note 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. Finally, Seaport Res Ptn raised shares of Comcast from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, December 11th. Ten analysts have rated the stock with a hold rating, nine have given a buy rating and three have issued a strong buy rating to the company. Based on data from MarketBeat, Comcast has a consensus rating of "Moderate Buy" and an average target price of $43.64.

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Comcast Price Performance

NASDAQ CMCSA remained flat at $37.37 on Thursday. The company had a trading volume of 17,855,684 shares, compared to its average volume of 19,896,911. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 1.09. The business has a 50-day moving average price of $35.89 and a two-hundred day moving average price of $39.01. Comcast Co. has a twelve month low of $32.50 and a twelve month high of $45.31. The stock has a market capitalization of $141.30 billion, a PE ratio of 9.00, a P/E/G ratio of 1.78 and a beta of 1.00.

Comcast (NASDAQ:CMCSA - Get Free Report) last announced its earnings results on Thursday, January 30th. The cable giant reported $0.96 EPS for the quarter, beating the consensus estimate of $0.88 by $0.08. Comcast had a net margin of 13.09% and a return on equity of 19.98%. On average, research analysts expect that Comcast Co. will post 4.33 EPS for the current 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 paid a $0.33 dividend. This represents a $1.32 dividend on an annualized basis and a dividend yield of 3.53%. The ex-dividend date is Wednesday, April 2nd. This is an increase 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.