Sora Investors LLC Has $14.52 Million Stake in Comcast Co. (NASDAQ:CMCSA)

Sora Investors LLC cut its stake in Comcast Co. (NASDAQ:CMCSA - Free Report) by 37.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 386,799 shares of the cable giant's stock after selling 235,620 shares during the period. Comcast accounts for about 1.6% of Sora Investors LLC's investment portfolio, making the stock its 26th biggest position. Sora Investors LLC's holdings in Comcast were worth $14,517,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Promus Capital LLC acquired a new position in Comcast in the fourth quarter valued at about $25,000. Winch Advisory Services LLC grew its stake in Comcast by 269.9% in the fourth quarter. Winch Advisory Services LLC now owns 688 shares of the cable giant's stock valued at $26,000 after purchasing an additional 502 shares in the last quarter. Roxbury Financial LLC bought a new stake in shares of Comcast during the 4th quarter worth approximately $27,000. Wingate Wealth Advisors Inc. bought a new position in shares of Comcast in the fourth quarter valued at $28,000. Finally, Marshall & Sterling Wealth Advisors Inc. bought a new stake in Comcast during the fourth quarter worth $36,000. Institutional investors and hedge funds own 84.32% of the company's stock.

Comcast Price Performance

Comcast stock opened at $35.33 on Friday. The company has a debt-to-equity ratio of 1.09, a current ratio of 0.68 and a quick ratio of 0.68. The stock's 50 day moving average is $34.89 and its 200 day moving average is $37.38. Comcast Co. has a one year low of $31.44 and a one year high of $45.31. The firm has a market cap of $131.91 billion, a P/E ratio of 8.51, a P/E/G ratio of 1.78 and a beta of 0.97.

Comcast (NASDAQ:CMCSA - Get Free Report) last announced its quarterly earnings results on Thursday, April 24th. The cable giant reported $1.09 EPS for the quarter, beating analysts' consensus estimates of $1.01 by $0.08. Comcast had a net margin of 13.09% and a return on equity of 19.98%. The company had revenue of $29.89 billion for the quarter, compared to analysts' expectations of $29.82 billion. During the same period in the prior year, the company posted $1.04 EPS. Comcast's revenue was down .6% compared to the same quarter last year. As a group, research analysts expect that Comcast Co. will post 4.33 EPS for the current year.

Analysts Set New Price Targets

Several brokerages have recently commented on CMCSA. Morgan Stanley set a $37.00 target price on Comcast in a research note on Friday, April 25th. StockNews.com upgraded Comcast from a "buy" rating to a "strong-buy" rating in a research note on Thursday, February 27th. Sanford C. Bernstein set a $38.00 price target on shares of Comcast in a research report on Friday, January 31st. JPMorgan Chase & Co. cut their price objective on shares of Comcast from $45.00 to $39.00 and set a "neutral" rating for the company in a report on Friday, January 31st. Finally, UBS Group set a $44.50 price target on Comcast in a research report on Friday, April 25th. Two equities 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 MarketBeat, Comcast currently has an average rating of "Moderate Buy" and an average price target of $42.10.

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.

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