Axa S.A. Has $65.26 Million Stake in Comcast Co. (NASDAQ:CMCSA)

AXA S.A. raised its holdings in Comcast Co. (NASDAQ:CMCSA - Free Report) by 6.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,738,884 shares of the cable giant's stock after acquiring an additional 98,319 shares during the quarter. AXA S.A.'s holdings in Comcast were worth $65,260,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in the business. Raymond James Financial Inc. purchased a new stake in shares of Comcast during the fourth quarter worth $743,681,000. Bfsg LLC boosted 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 buying an additional 73,590 shares during the period. Mission Wealth Management LP grew its position in shares of Comcast by 8.3% in the fourth quarter. Mission Wealth Management LP now owns 43,509 shares of the cable giant's stock valued at $1,633,000 after purchasing an additional 3,344 shares during the last quarter. Robinson Value Management Ltd. increased its position in Comcast by 136.7% in the 4th quarter. Robinson Value Management Ltd. now owns 102,360 shares of the cable giant's stock worth $3,842,000 after buying an additional 59,107 shares during the period. Finally, Tidal Investments LLC raised its stake in Comcast by 15.2% during the 3rd quarter. Tidal Investments LLC now owns 171,440 shares of the cable giant's stock valued at $7,161,000 after purchasing an additional 22,684 shares during the last quarter. 84.32% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts recently commented on the company. Argus cut Comcast from a "buy" rating to a "hold" rating in a research report on Tuesday. UBS Group set a $44.50 price target on Comcast in a research note on Friday, April 25th. Benchmark dropped their target price on shares of Comcast from $57.00 to $55.00 and set a "buy" rating for the company in a research report on Friday, January 31st. StockNews.com raised Comcast from a "buy" rating to a "strong-buy" rating in a report on Thursday, February 27th. Finally, Rosenblatt Securities reaffirmed a "neutral" rating and issued a $36.00 price target on shares of Comcast in a report on Monday, April 28th. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating, nine have given a buy rating and three have issued a strong buy rating to the company. Based on data from MarketBeat.com, Comcast currently has an average rating of "Moderate Buy" and a consensus target price of $42.10.

Comcast Stock Performance

NASDAQ CMCSA traded up $0.19 on Thursday, hitting $34.58. 20,273,095 shares of the stock were exchanged, compared to its average volume of 21,842,997. The company has a market capitalization of $129.11 billion, a PE ratio of 8.33, 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 current ratio of 0.68 and a quick ratio of 0.68. The business's fifty day moving average is $35.07 and its 200 day moving average is $37.66. 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 issued its earnings results 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 for the quarter, compared to analysts' expectations of $29.82 billion. Comcast had a net margin of 13.09% and a return on equity of 19.98%. Comcast's quarterly revenue was down .6% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.04 EPS. Research analysts anticipate that Comcast Co. will post 4.33 EPS for the current fiscal year.

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.