Captrust Financial Advisors raised its stake in shares of Comcast Co. (NASDAQ:CMCSA - Free Report) by 6.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 825,817 shares of the cable giant's stock after buying an additional 48,575 shares during the period. Captrust Financial Advisors' holdings in Comcast were worth $30,993,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Promus Capital LLC acquired a new stake in Comcast in the 4th quarter valued at about $25,000. Winch Advisory Services LLC lifted its stake in Comcast by 269.9% during the fourth 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 last quarter. Roxbury Financial LLC bought a new stake in Comcast during the fourth quarter worth approximately $27,000. Wingate Wealth Advisors Inc. bought a new position in shares of Comcast in the fourth quarter valued at $28,000. Finally, Marshall & Sterling Wealth Advisors Inc. acquired a new stake in shares of Comcast during the 4th quarter valued at $36,000. 84.32% of the stock is currently owned by institutional investors.
Comcast Price Performance
Shares of CMCSA traded up $0.03 during mid-day trading on Friday, reaching $34.25. The company had a trading volume of 16,916,562 shares, compared to its average volume of 21,871,696. The company's 50-day moving average is $35.03 and its 200-day moving average is $37.61. The company has a debt-to-equity ratio of 1.09, a current ratio of 0.68 and a quick ratio of 0.68. The company has a market capitalization of $127.88 billion, a P/E ratio of 8.25, a P/E/G ratio of 1.78 and a beta of 0.97. Comcast Co. has a twelve month low of $31.44 and a twelve month high of $45.31.
Comcast (NASDAQ:CMCSA - Get Free Report) last issued its quarterly earnings data on Thursday, April 24th. The cable giant reported $1.09 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 business's revenue was down .6% on a year-over-year basis. During the same period last year, the business earned $1.04 earnings per share. On average, equities analysts anticipate that Comcast Co. will post 4.33 EPS for the current year.
Wall Street Analyst Weigh In
Several brokerages have recently commented on CMCSA. Sanford C. Bernstein set a $38.00 target price on Comcast in a report on Friday, January 31st. The Goldman Sachs Group reduced their price objective on shares of Comcast from $50.00 to $44.00 and set a "buy" rating for the company in a research note on Friday, January 31st. JPMorgan Chase & Co. dropped their target price on shares of Comcast from $45.00 to $39.00 and set a "neutral" rating on the stock in a research report on Friday, January 31st. UBS Group set a $44.50 price target on shares of Comcast in a research report on Friday, April 25th. Finally, BNP Paribas cut shares of Comcast from a "neutral" rating to an "underperform" rating and set a $31.00 price objective on the stock. in a research report on Thursday, April 10th. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating, nine have given a buy rating and three have given a strong buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $42.10.
Check Out Our Latest Stock Analysis on CMCSA
Comcast Company Profile
(
Free Report)
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.
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