Jefferies Financial Group Inc. Has $9.22 Million Stock Holdings in Comcast Co. (NASDAQ:CMCSA)

Jefferies Financial Group Inc. raised its holdings in shares of Comcast Co. (NASDAQ:CMCSA - Free Report) by 427.8% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 245,568 shares of the cable giant's stock after acquiring an additional 199,038 shares during the period. Jefferies Financial Group Inc.'s holdings in Comcast were worth $9,216,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in CMCSA. Promus Capital LLC bought a new position in shares of Comcast during the 4th quarter valued at about $25,000. Roxbury Financial LLC bought a new position in shares of Comcast during the 4th quarter valued at about $27,000. Wingate Wealth Advisors Inc. bought a new position in shares of Comcast during the 4th quarter valued at about $28,000. Mpwm Advisory Solutions LLC bought a new position in shares of Comcast during the 4th quarter valued at about $33,000. Finally, Marshall & Sterling Wealth Advisors Inc. bought a new position in shares of Comcast during the 4th quarter valued at about $36,000. Institutional investors own 84.32% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. Citigroup reduced their target price on shares of Comcast from $44.00 to $39.00 and set a "buy" rating for the company in a research note on Friday, April 25th. Rosenblatt Securities reaffirmed a "neutral" rating and issued a $36.00 target price on shares of Comcast in a research note on Monday, April 28th. BNP Paribas lowered shares of Comcast from a "neutral" rating to an "underperform" rating and set a $31.00 target price for the company. in a research note on Thursday, April 10th. Macquarie reduced their target price on shares of Comcast from $42.00 to $36.00 and set a "neutral" rating for the company in a research note on Friday, January 31st. Finally, Morgan Stanley set a $37.00 target price on shares of Comcast in a research note on Friday, April 25th. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating, nine have assigned a buy rating and three have given a strong buy rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $42.10.

Comcast Stock Performance

Shares of CMCSA stock traded up $0.30 on Friday, reaching $34.58. The stock had a trading volume of 31,652,126 shares, compared to its average volume of 22,004,968. 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 firm's 50-day moving average is $34.64 and its two-hundred day moving average is $36.73. The firm has a market capitalization of $129.11 billion, a price-to-earnings ratio of 8.33, a P/E/G ratio of 1.78 and a beta of 0.97. Comcast Co. has a 12 month low of $31.44 and a 12 month high of $45.31.

Comcast (NASDAQ:CMCSA - Get Free Report) last released its quarterly earnings results on Thursday, April 24th. The cable giant reported $1.09 earnings per share 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 net margin of 13.09% and a return on equity of 19.98%. The business's revenue was down .6% on a year-over-year basis. During the same period in the prior year, the firm earned $1.04 EPS. On average, research analysts expect that Comcast Co. will post 4.33 EPS for the current fiscal year.

Comcast Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 23rd. Shareholders of record on Wednesday, July 2nd will be issued a $0.33 dividend. The ex-dividend date is Wednesday, July 2nd. This represents a $1.32 annualized dividend and a yield of 3.82%. Comcast's dividend payout ratio is currently 32.43%.

About Comcast

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.