Comcast Co. (NASDAQ:CMCSA) Stock Holdings Trimmed by Janus Henderson Group PLC

Janus Henderson Group PLC lowered its position in Comcast Co. (NASDAQ:CMCSA - Free Report) by 37.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 886,117 shares of the cable giant's stock after selling 531,947 shares during the quarter. Janus Henderson Group PLC's holdings in Comcast were worth $33,259,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Jefferies Financial Group Inc. grew its stake in shares of Comcast by 427.8% in the fourth quarter. Jefferies Financial Group Inc. now owns 245,568 shares of the cable giant's stock worth $9,216,000 after acquiring an additional 199,038 shares during the last quarter. KKM Financial LLC boosted its position in shares of Comcast by 0.9% during the fourth quarter. KKM Financial LLC now owns 50,649 shares of the cable giant's stock valued at $1,901,000 after buying an additional 447 shares during the last quarter. Hudson Bay Capital Management LP boosted its position in shares of Comcast by 902.2% during the fourth quarter. Hudson Bay Capital Management LP now owns 65,780 shares of the cable giant's stock valued at $2,469,000 after buying an additional 73,980 shares during the last quarter. Guardian Wealth Advisors LLC NC boosted its position in shares of Comcast by 36.8% during the fourth quarter. Guardian Wealth Advisors LLC NC now owns 9,002 shares of the cable giant's stock valued at $338,000 after buying an additional 2,421 shares during the last quarter. Finally, Gen Wealth Partners Inc boosted its position in shares of Comcast by 15.8% during the fourth quarter. Gen Wealth Partners Inc now owns 20,477 shares of the cable giant's stock valued at $768,000 after buying an additional 2,793 shares during the last quarter. Hedge funds and other institutional investors own 84.32% of the company's stock.

Comcast Price Performance

NASDAQ:CMCSA traded up $0.15 during trading hours on Friday, reaching $35.48. 20,639,695 shares of the company traded hands, compared to its average volume of 21,964,807. The firm's 50-day moving average is $34.88 and its 200-day moving average is $37.33. The stock has a market cap of $132.47 billion, a P/E ratio of 8.55, 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. Comcast Co. has a 1-year low of $31.44 and a 1-year high of $45.31.

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. Comcast had a return on equity of 19.98% and a net margin of 13.09%. The firm had revenue of $29.89 billion for the quarter, compared to analysts' expectations of $29.82 billion. During the same quarter in the prior year, the firm earned $1.04 EPS. Comcast's quarterly revenue was down .6% on a year-over-year basis. Equities research analysts expect that Comcast Co. will post 4.33 earnings per share for the current fiscal year.

Analysts Set New Price Targets

CMCSA has been the topic of several recent analyst reports. Bank of America cut Comcast from a "buy" rating to a "neutral" rating and dropped their price objective for the company from $50.00 to $38.00 in a research report on Friday, January 31st. Morgan Stanley set a $37.00 target price on Comcast in a research report on Friday, April 25th. The Goldman Sachs Group dropped their target price on Comcast from $50.00 to $44.00 and set a "buy" rating on the stock in a research report on Friday, January 31st. JPMorgan Chase & Co. dropped their target price on Comcast from $45.00 to $39.00 and set a "neutral" rating on the stock in a research report on Friday, January 31st. Finally, UBS Group set a $44.50 target price on Comcast in a research 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. According to MarketBeat.com, Comcast currently has an average rating of "Moderate Buy" and a consensus price target of $42.10.

Comcast 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.