Comcast Co. (NASDAQ:CMCSA) Shares Purchased by DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main

DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main grew its position in Comcast Co. (NASDAQ:CMCSA - Free Report) by 151.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,672,573 shares of the cable giant's stock after purchasing an additional 1,607,816 shares during the quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main owned about 0.07% of Comcast worth $100,302,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in CMCSA. Diligent Investors LLC acquired a new stake in Comcast in the 4th quarter worth approximately $219,000. CoreCap Advisors LLC raised its holdings in shares of Comcast by 18.6% in the fourth quarter. CoreCap Advisors LLC now owns 13,112 shares of the cable giant's stock worth $492,000 after buying an additional 2,059 shares during the last quarter. Cornerstone Financial Group LLC NE purchased a new stake in shares of Comcast during the fourth quarter valued at $201,000. Capital Advantage Inc. acquired a new position in shares of Comcast in the 4th quarter valued at $206,000. Finally, CastleKnight Management LP raised its stake in Comcast by 5.7% in the 4th quarter. CastleKnight Management LP now owns 171,700 shares of the cable giant's stock worth $6,444,000 after acquiring an additional 9,300 shares during the last quarter. 84.32% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the company. StockNews.com raised Comcast from a "buy" rating to a "strong-buy" rating in a report on Thursday, February 27th. The Goldman Sachs Group cut their price target on shares of Comcast from $50.00 to $44.00 and set a "buy" rating on the stock in a report on Friday, January 31st. Wells Fargo & Company downgraded shares of Comcast from an "equal weight" rating to an "underweight" rating and dropped their price objective for the company from $37.00 to $31.00 in a report on Monday, April 14th. Sanford C. Bernstein set a $38.00 target price on shares of Comcast in a report on Friday, January 31st. Finally, Scotiabank reaffirmed 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. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating, nine have assigned a buy rating and three have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $42.10.

Comcast Price Performance

Shares of NASDAQ CMCSA traded up $0.03 during trading on Friday, hitting $34.25. The company had a trading volume of 16,916,562 shares, compared to its average volume of 21,898,385. Comcast Co. has a fifty-two week low of $31.44 and a fifty-two week high of $45.31. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 1.09. The stock has a fifty day simple moving average of $35.01 and a two-hundred day simple moving average of $37.54. The firm has a market capitalization of $127.88 billion, a price-to-earnings ratio of 8.25, a price-to-earnings-growth ratio of 1.78 and a beta of 0.97.

Comcast (NASDAQ:CMCSA - Get Free Report) last announced its earnings results on Thursday, April 24th. The cable giant reported $1.09 EPS for the quarter, beating analysts' consensus estimates of $1.01 by $0.08. The business 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% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.04 earnings per share. On average, research analysts expect that Comcast Co. will post 4.33 earnings per share for the current 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.