Comcast Co. (NASDAQ:CMCSA) Shares Purchased by Nissay Asset Management Corp Japan ADV

Nissay Asset Management Corp Japan ADV lifted its position in shares of Comcast Co. (NASDAQ:CMCSA - Free Report) by 4.2% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 899,415 shares of the cable giant's stock after purchasing an additional 35,850 shares during the quarter. Nissay Asset Management Corp Japan ADV's holdings in Comcast were worth $34,115,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the company. Nearwater Capital Markets Ltd purchased a new stake in shares of Comcast during the 4th quarter worth about $17,264,000. NorthRock Partners LLC grew its holdings in shares of Comcast by 183.3% during the 4th quarter. NorthRock Partners LLC now owns 36,925 shares of the cable giant's stock worth $1,386,000 after purchasing an additional 23,892 shares during the period. Nuveen Asset Management LLC grew its holdings in shares of Comcast by 1.9% during the 4th quarter. Nuveen Asset Management LLC now owns 26,055,944 shares of the cable giant's stock worth $977,880,000 after purchasing an additional 497,829 shares during the period. OMERS ADMINISTRATION Corp grew its holdings in shares of Comcast by 13.5% during the 4th quarter. OMERS ADMINISTRATION Corp now owns 180,112 shares of the cable giant's stock worth $6,760,000 after purchasing an additional 21,462 shares during the period. Finally, Mork Capital Management LLC grew its holdings in shares of Comcast by 66.7% during the 4th quarter. Mork Capital Management LLC now owns 40,230 shares of the cable giant's stock worth $1,510,000 after purchasing an additional 16,100 shares during the period. Hedge funds and other institutional investors own 84.32% of the company's stock.

Analyst Ratings Changes

A number of equities analysts have weighed in on the company. Benchmark decreased their price target on Comcast from $57.00 to $55.00 and set a "buy" rating for the company in a report on Friday, January 31st. UBS Group set a $44.50 price target on Comcast in a report on Friday, April 25th. The Goldman Sachs Group decreased their price target on Comcast from $50.00 to $44.00 and set a "buy" rating for the company in a report on Friday, January 31st. Scotiabank restated a "sector perform" rating and issued a $44.50 price target (down previously from $45.00) on shares of Comcast in a report on Friday, April 25th. Finally, Bank of America cut Comcast from a "buy" rating to a "neutral" rating and decreased their price target for the stock from $50.00 to $38.00 in a report on Friday, January 31st. Two 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. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $42.10.

Comcast Stock Up 0.4%

Shares of Comcast stock traded up $0.15 on Friday, hitting $35.48. 20,639,695 shares of the company's stock traded hands, compared to its average volume of 21,931,881. 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 stock has a market cap of $132.47 billion, a P/E ratio of 8.55, a PEG ratio of 1.78 and a beta of 0.97. Comcast Co. has a 52-week low of $31.44 and a 52-week high of $45.31. The firm's 50-day moving average is $34.88 and its 200 day moving average is $37.33.

Comcast (NASDAQ:CMCSA - Get Free Report) last released its quarterly earnings data on Thursday, April 24th. The cable giant reported $1.09 EPS for the quarter, topping analysts' consensus estimates of $1.01 by $0.08. The firm had revenue of $29.89 billion during 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 firm's revenue was down .6% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.04 earnings per share. Equities analysts anticipate that Comcast Co. will post 4.33 earnings per share for the current year.

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.