Fort Washington Investment Advisors Inc. OH Has $145.47 Million Holdings in Comcast Co. (NASDAQ:CMCSA)

Fort Washington Investment Advisors Inc. OH reduced its stake in shares of Comcast Co. (NASDAQ:CMCSA - Free Report) by 0.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,942,139 shares of the cable giant's stock after selling 10,059 shares during the period. Comcast comprises approximately 0.9% of Fort Washington Investment Advisors Inc. OH's holdings, making the stock its 29th biggest position. Fort Washington Investment Advisors Inc. OH owned 0.10% of Comcast worth $145,465,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in the stock. Promus Capital LLC bought a new stake in shares of Comcast during the 4th quarter worth about $25,000. Roxbury Financial LLC bought a new stake in shares of Comcast during the 4th quarter worth about $27,000. Wingate Wealth Advisors Inc. bought a new stake in shares of Comcast during the 4th quarter worth about $28,000. Retirement Wealth Solutions LLC raised its position in shares of Comcast by 126.9% during the 1st quarter. Retirement Wealth Solutions LLC now owns 801 shares of the cable giant's stock worth $30,000 after buying an additional 448 shares in the last quarter. Finally, Mpwm Advisory Solutions LLC bought a new stake in shares of Comcast during the 4th quarter worth about $33,000. 84.32% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the stock. UBS Group set a $44.50 price objective on shares of Comcast in a research note on Friday, April 25th. BNP Paribas cut shares of Comcast from a "neutral" rating to an "underperform" rating and set a $31.00 price objective on the stock. in a research note on Thursday, April 10th. Citigroup lowered their price objective on shares of Comcast from $44.00 to $39.00 and set a "buy" rating on the stock in a research note on Friday, April 25th. Rosenblatt Securities reaffirmed a "neutral" rating and issued a $36.00 price objective on shares of Comcast in a research note on Monday, April 28th. Finally, Barclays lowered their price objective on shares of Comcast from $37.00 to $35.00 and set an "equal weight" rating on the stock in a research note on Monday, April 28th. Two research analysts have rated the stock with a sell rating, nine have issued a hold rating, nine have issued a buy rating and three have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $42.10.

Comcast Stock Performance

Comcast stock traded up $0.09 on Thursday, hitting $35.27. The company's stock had a trading volume of 14,226,127 shares, compared to its average volume of 22,060,274. The firm has a market cap of $131.69 billion, a P/E ratio of 8.50, a price-to-earnings-growth ratio of 1.78 and a beta of 0.95. 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 company has a fifty day moving average price of $34.38 and a 200-day moving average price of $36.26. Comcast Co. has a one year low of $31.44 and a one year high of $45.31.

Comcast (NASDAQ:CMCSA - Get Free Report) last released 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 the consensus estimate of $29.82 billion. Comcast had a net margin of 13.09% and a return on equity of 19.98%. The company's revenue was down .6% compared to the same quarter last year. During the same period in the prior year, the company posted $1.04 EPS. On average, equities analysts anticipate that Comcast Co. will post 4.33 earnings per share for the current year.

Comcast Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 23rd. Stockholders of record on Wednesday, July 2nd will be paid a dividend of $0.33 per share. The ex-dividend date is Wednesday, July 2nd. This represents a $1.32 annualized dividend and a dividend yield of 3.74%. Comcast's dividend payout ratio is currently 32.43%.

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.