Capitolis Liquid Global Markets LLC Has $25.53 Million Stake in Comcast Co. (NASDAQ:CMCSA)

Capitolis Liquid Global Markets LLC trimmed its holdings in Comcast Co. (NASDAQ:CMCSA - Free Report) by 28.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 680,180 shares of the cable giant's stock after selling 270,000 shares during the quarter. Capitolis Liquid Global Markets LLC's holdings in Comcast were worth $25,527,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of the stock. Norges Bank bought a new position in shares of Comcast during the fourth quarter valued at $3,835,226,000. Raymond James Financial Inc. bought a new position in shares of Comcast in the fourth quarter worth about $743,681,000. Amundi increased its stake in shares of Comcast by 147.9% in the 4th quarter. Amundi now owns 24,086,671 shares of the cable giant's stock valued at $895,499,000 after buying an additional 14,369,056 shares during the period. Capital World Investors lifted its position in Comcast by 8.6% during the 4th quarter. Capital World Investors now owns 141,680,277 shares of the cable giant's stock valued at $5,317,167,000 after purchasing an additional 11,255,683 shares during the period. Finally, Ameriprise Financial Inc. raised its stake in shares of Comcast by 12.0% during the fourth quarter. Ameriprise Financial Inc. now owns 50,320,446 shares of the cable giant's stock worth $1,890,027,000 after buying an additional 5,402,377 shares during the last quarter. 84.32% of the stock is currently owned by institutional investors and hedge funds.

Comcast Trading Down 0.0 %

Shares of Comcast stock opened at $34.45 on Tuesday. The stock has a market capitalization of $130.26 billion, a P/E ratio of 8.30, a P/E/G ratio of 1.78 and a beta of 0.97. 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 stock's 50-day simple moving average is $35.12 and its 200 day simple moving average is $37.70. Comcast Co. has a 52-week low of $31.44 and a 52-week high of $45.31.

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

Analyst Upgrades and Downgrades

CMCSA has been the subject of several recent analyst reports. Morgan Stanley set a $37.00 price target on Comcast in a report on Friday, April 25th. JPMorgan Chase & Co. decreased their price objective on Comcast from $45.00 to $39.00 and set a "neutral" rating for the company in a report on Friday, January 31st. Scotiabank reiterated a "sector perform" rating and issued a $44.50 price objective (down from $45.00) on shares of Comcast in a report on Friday, April 25th. BNP Paribas downgraded Comcast from a "neutral" rating to an "underperform" rating and set a $31.00 target price on the stock. in a research report on Thursday, April 10th. Finally, Bank of America downgraded shares of Comcast from a "buy" rating to a "neutral" rating and lowered their target price for the stock from $50.00 to $38.00 in a report on Friday, January 31st. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating, nine have assigned a buy rating and three have issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $42.10.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.