Comcast Co. (NASDAQ:CMCSA) Shares Sold by Voya Investment Management LLC

Voya Investment Management LLC lessened its holdings in Comcast Co. (NASDAQ:CMCSA - Free Report) by 5.1% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 1,854,205 shares of the cable giant's stock after selling 98,652 shares during the period. Voya Investment Management LLC's holdings in Comcast were worth $69,588,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. McIlrath & Eck LLC raised its stake in Comcast by 14.8% during the third quarter. McIlrath & Eck LLC now owns 2,183 shares of the cable giant's stock valued at $91,000 after buying an additional 282 shares during the last quarter. Integrated Investment Consultants LLC increased its stake in Comcast by 1.8% during the fourth quarter. Integrated Investment Consultants LLC now owns 16,581 shares of the cable giant's stock worth $622,000 after acquiring an additional 291 shares during the last quarter. Five Oceans Advisors lifted its stake in Comcast by 2.5% in the fourth quarter. Five Oceans Advisors now owns 12,336 shares of the cable giant's stock worth $463,000 after purchasing an additional 298 shares during the last quarter. Kovack Advisors Inc. grew its holdings in Comcast by 1.1% during the 4th quarter. Kovack Advisors Inc. now owns 26,470 shares of the cable giant's stock worth $993,000 after acquiring an additional 300 shares in the last quarter. Finally, Beck Mack & Oliver LLC raised its holdings in Comcast by 2.0% in the fourth quarter. Beck Mack & Oliver LLC now owns 15,539 shares of the cable giant's stock worth $583,000 after purchasing an additional 300 shares in the last quarter. 84.32% of the stock is currently owned by institutional investors.

Comcast Stock Down 0.4 %

Shares of Comcast stock traded down $0.13 on Monday, reaching $33.77. The stock had a trading volume of 27,894,383 shares, compared to its average volume of 21,843,929. Comcast Co. has a 1 year low of $31.44 and a 1 year high of $45.31. The stock has a market capitalization of $127.69 billion, a P/E ratio of 8.14, a P/E/G ratio of 1.78 and a beta of 0.94. 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 company has a 50 day moving average price of $35.35 and a 200 day moving average price of $38.03.

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

Comcast Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 23rd. Investors of record on Wednesday, April 2nd were issued a dividend of $0.33 per share. The ex-dividend date was Wednesday, April 2nd. This is a boost from Comcast's previous quarterly dividend of $0.31. This represents a $1.32 annualized dividend and a yield of 3.91%. Comcast's payout ratio is currently 32.43%.

Wall Street Analysts Forecast Growth

Several brokerages have commented on CMCSA. Benchmark decreased their price objective on shares of Comcast from $57.00 to $55.00 and set a "buy" rating for the company in a research note on Friday, January 31st. Barclays decreased their target price on Comcast from $37.00 to $35.00 and set an "equal weight" rating on the stock in a research note on Monday. UBS Group lowered their price objective on Comcast from $47.00 to $40.00 and set a "neutral" rating for the company in a research report on Tuesday, March 25th. Macquarie reduced their price target on shares of Comcast from $42.00 to $36.00 and set a "neutral" rating for the company in a research report on Friday, January 31st. 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 issued a hold rating, nine have issued a buy rating and three have issued a strong buy rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $41.88.

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.