Universal Beteiligungs und Servicegesellschaft mbH Takes $139.23 Million Position in Comcast Co. (NASDAQ:CMCSA)

Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in shares of Comcast Co. (NASDAQ:CMCSA - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 3,709,763 shares of the cable giant's stock, valued at approximately $139,227,000. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.10% of Comcast as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Promus Capital LLC purchased a new position in shares of Comcast in the 4th quarter worth $25,000. Roxbury Financial LLC purchased a new position in shares of Comcast in the fourth quarter valued at about $27,000. Wingate Wealth Advisors Inc. purchased a new position in shares of Comcast in the fourth quarter worth $28,000. Mpwm Advisory Solutions LLC bought a new position in shares of Comcast during the fourth quarter worth $33,000. Finally, Marshall & Sterling Wealth Advisors Inc. bought a new stake in Comcast in the 4th quarter valued at $36,000. 84.32% of the stock is currently owned by hedge funds and other institutional investors.

Comcast Trading Down 1.0%

Shares of NASDAQ:CMCSA traded down $0.35 during trading on Thursday, reaching $34.28. 22,616,839 shares of the company were exchanged, compared to its average volume of 21,977,585. The business's fifty day simple moving average is $34.74 and its 200-day simple moving average is $36.86. 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 12-month low of $31.44 and a 12-month high of $45.31. The firm has a market capitalization of $127.99 billion, a PE ratio of 8.26, a P/E/G ratio of 1.78 and a beta of 0.97.

Comcast (NASDAQ:CMCSA - Get Free Report) last issued its earnings results on Thursday, April 24th. The cable giant reported $1.09 earnings per share 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 business had revenue of $29.89 billion during the quarter, compared to analyst estimates of $29.82 billion. During the same period in the previous year, the company posted $1.04 EPS. Comcast's revenue was down .6% on a year-over-year basis. On average, research analysts anticipate that Comcast Co. will post 4.33 EPS for the current year.

Comcast Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 23rd. Shareholders of record on Wednesday, July 2nd will be given a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a yield of 3.85%. The ex-dividend date of this dividend is Wednesday, July 2nd. Comcast's dividend payout ratio (DPR) is 32.43%.

Analyst Upgrades and Downgrades

CMCSA has been the subject of several research reports. Barclays dropped their price objective on shares of Comcast from $37.00 to $35.00 and set an "equal weight" rating for the company in a report on Monday, April 28th. JPMorgan Chase & Co. reduced their price objective on Comcast from $45.00 to $39.00 and set a "neutral" rating on the stock in a research note on Friday, January 31st. The Goldman Sachs Group decreased their price objective on Comcast from $50.00 to $44.00 and set a "buy" rating on the stock in a report on Friday, January 31st. Bank of America lowered shares of Comcast from a "buy" rating to a "neutral" rating and cut their target price for the company from $50.00 to $38.00 in a report on Friday, January 31st. Finally, Wall Street Zen raised shares of Comcast from a "buy" rating to a "strong-buy" rating in a research note on Thursday, February 27th. 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 issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $42.10.

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.