Comcast Co. (NASDAQ:CMCSA) Shares Purchased by Deutsche Bank AG

Deutsche Bank AG grew its holdings in shares of Comcast Co. (NASDAQ:CMCSA - Free Report) by 3.7% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 13,409,377 shares of the cable giant's stock after buying an additional 478,186 shares during the quarter. Deutsche Bank AG owned 0.35% of Comcast worth $503,254,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Promus Capital LLC bought a new position in Comcast in the fourth quarter worth approximately $25,000. Winch Advisory Services LLC grew its position in shares of Comcast by 269.9% during the 4th quarter. Winch Advisory Services LLC now owns 688 shares of the cable giant's stock worth $26,000 after buying an additional 502 shares in the last quarter. Roxbury Financial LLC bought a new stake in shares of Comcast in the fourth quarter valued at about $27,000. Wingate Wealth Advisors Inc. purchased a new stake in Comcast in the fourth quarter worth about $28,000. Finally, Marshall & Sterling Wealth Advisors Inc. bought a new position in Comcast during the 4th quarter worth about $36,000. 84.32% of the stock is owned by institutional investors.

Analysts Set New Price Targets

CMCSA has been the topic of a number of recent research reports. KeyCorp dropped their price objective on shares of Comcast from $47.00 to $45.00 and set an "overweight" rating on the stock in a research note on Monday, April 14th. Morgan Stanley set a $37.00 target price on Comcast in a report on Friday, April 25th. Scotiabank reiterated a "sector perform" rating and issued a $44.50 price target (down from $45.00) on shares of Comcast in a report on Friday, April 25th. UBS Group set a $44.50 price objective on Comcast in a research note on Friday, April 25th. Finally, BNP Paribas downgraded shares of Comcast from a "neutral" rating to an "underperform" rating and set a $31.00 target price for the company. in a report on Thursday, April 10th. Two analysts have rated the stock with a sell rating, nine have given a hold rating, nine have given a buy rating and three have given a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $42.10.

Comcast Stock Performance

Shares of CMCSA stock traded up $0.03 during trading hours on Friday, hitting $34.25. The company's stock had a trading volume of 16,916,562 shares, compared to its average volume of 21,898,385. The stock has a market cap of $127.88 billion, a PE ratio of 8.25, a price-to-earnings-growth ratio of 1.78 and a beta of 0.97. Comcast Co. has a 12-month low of $31.44 and a 12-month high of $45.31. The company has a 50 day moving average of $35.01 and a 200 day moving average of $37.54. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 1.09.

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

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.