Comcast Co. (NASDAQ:CMCSA) Holdings Increased by Deprince Race & Zollo Inc.

Deprince Race & Zollo Inc. boosted its stake in Comcast Co. (NASDAQ:CMCSA - Free Report) by 8.0% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 892,332 shares of the cable giant's stock after purchasing an additional 65,739 shares during the period. Deprince Race & Zollo Inc.'s holdings in Comcast were worth $33,489,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in CMCSA. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main lifted its position in shares of Comcast by 151.0% during the fourth quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 2,672,573 shares of the cable giant's stock worth $100,302,000 after purchasing an additional 1,607,816 shares in the last quarter. Diligent Investors LLC acquired a new stake in Comcast during the 4th quarter worth approximately $219,000. CoreCap Advisors LLC boosted its position in Comcast by 18.6% in the 4th quarter. CoreCap Advisors LLC now owns 13,112 shares of the cable giant's stock valued at $492,000 after buying an additional 2,059 shares during the period. Cornerstone Financial Group LLC NE acquired a new position in Comcast during the 4th quarter worth $201,000. Finally, Capital Advantage Inc. purchased a new position in Comcast in the fourth quarter valued at $206,000. Hedge funds and other institutional investors own 84.32% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the stock. KeyCorp decreased their target price on shares of Comcast from $47.00 to $45.00 and set an "overweight" rating on the stock in a research report on Monday, April 14th. Argus lowered shares of Comcast from a "buy" rating to a "hold" rating in a research report on Tuesday, May 6th. Morgan Stanley set a $37.00 price target on shares of Comcast in a research report on Friday, April 25th. Citigroup lowered their price target on Comcast from $44.00 to $39.00 and set a "buy" rating on the stock in a report on Friday, April 25th. Finally, Barclays dropped their price objective on Comcast from $37.00 to $35.00 and set an "equal weight" rating for the company in a research note on Monday, April 28th. Two equities research analysts have rated the stock with a sell rating, nine have given a hold rating, nine have given a buy rating and three have assigned a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $42.10.

Comcast Stock Up 0.9%

Shares of CMCSA stock traded up $0.32 during mid-day trading on Tuesday, reaching $35.04. 10,867,199 shares of the company were exchanged, compared to its average volume of 21,861,179. The company has a debt-to-equity ratio of 1.09, a quick ratio of 0.68 and a current ratio of 0.68. The business's 50 day simple moving average is $34.99 and its 200 day simple moving average is $37.46. The company has a market capitalization of $130.83 billion, a P/E ratio of 8.44, a P/E/G ratio of 1.78 and a beta of 0.97. Comcast Co. has a fifty-two week low of $31.44 and a fifty-two week high of $45.31.

Comcast (NASDAQ:CMCSA - Get Free Report) last announced its quarterly earnings data on Thursday, April 24th. The cable giant reported $1.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.01 by $0.08. The firm had revenue of $29.89 billion for 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%. Comcast's revenue for the quarter was down .6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.04 earnings per share. Research analysts predict 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.