Oxford Asset Management LLP Acquires 32,371 Shares of Comcast Co. (NASDAQ:CMCSA)

Oxford Asset Management LLP raised its position in Comcast Co. (NASDAQ:CMCSA - Free Report) by 214.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 47,488 shares of the cable giant's stock after buying an additional 32,371 shares during the period. Comcast accounts for about 0.9% of Oxford Asset Management LLP's investment portfolio, making the stock its 8th biggest position. Oxford Asset Management LLP's holdings in Comcast were worth $1,782,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of CMCSA. World Investment Advisors LLC lifted its holdings in shares of Comcast by 904.0% in the third quarter. World Investment Advisors LLC now owns 254,545 shares of the cable giant's stock valued at $10,632,000 after purchasing an additional 229,192 shares in the last quarter. Raymond James Financial Inc. bought a new position in Comcast during the 4th quarter worth $743,681,000. Bfsg LLC grew its holdings in shares of Comcast by 752.8% during the 4th quarter. Bfsg LLC now owns 83,366 shares of the cable giant's stock worth $3,129,000 after purchasing an additional 73,590 shares in the last quarter. Mission Wealth Management LP grew its holdings in shares of Comcast by 8.3% during the 4th quarter. Mission Wealth Management LP now owns 43,509 shares of the cable giant's stock worth $1,633,000 after purchasing an additional 3,344 shares in the last quarter. Finally, Robinson Value Management Ltd. grew its holdings in shares of Comcast by 136.7% during the 4th quarter. Robinson Value Management Ltd. now owns 102,360 shares of the cable giant's stock worth $3,842,000 after purchasing an additional 59,107 shares in the last quarter. Institutional investors and hedge funds own 84.32% of the company's stock.

Comcast Trading Down 1.4 %

Shares of NASDAQ:CMCSA traded down $0.49 during trading on Thursday, reaching $33.71. 8,335,023 shares of the stock were exchanged, compared to its average volume of 21,855,044. The company has a debt-to-equity ratio of 1.09, a quick ratio of 0.68 and a current ratio of 0.68. Comcast Co. has a 12-month low of $31.44 and a 12-month high of $45.31. The firm has a market cap of $127.47 billion, a price-to-earnings ratio of 8.14, a price-to-earnings-growth ratio of 1.78 and a beta of 0.94. The firm's 50-day moving average price is $35.21 and its 200 day moving average price is $37.93.

Comcast (NASDAQ:CMCSA - Get Free Report) last issued its quarterly 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 company had revenue of $29.89 billion during the quarter, compared to analyst estimates of $29.82 billion. During the same period in the prior year, the business posted $1.04 EPS. The business's revenue for the quarter was down .6% compared to the same quarter last year. On average, sell-side analysts anticipate that Comcast Co. will post 4.33 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

CMCSA has been the topic of a number of recent research reports. Macquarie dropped their price objective on shares of Comcast from $42.00 to $36.00 and set a "neutral" rating on the stock in a research note on Friday, January 31st. StockNews.com upgraded shares of Comcast from a "buy" rating to a "strong-buy" rating in a report on Thursday, February 27th. Benchmark reduced 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. 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. Finally, Wells Fargo & Company lowered shares of Comcast from an "equal weight" rating to an "underweight" rating and dropped their target price for the company from $37.00 to $31.00 in a research report on Monday, April 14th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating, nine have issued a buy rating and three have given a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $42.10.

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.