Comcast Co. (NASDAQ:CMCSA) Shares Sold by Voya Investment Management LLC

Voya Investment Management LLC reduced its holdings in Comcast Co. (NASDAQ:CMCSA - Free Report) by 5.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,854,205 shares of the cable giant's stock after selling 98,652 shares during the quarter. Voya Investment Management LLC's holdings in Comcast were worth $69,588,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. McIlrath & Eck LLC boosted its holdings in Comcast by 14.8% in the 3rd quarter. McIlrath & Eck LLC now owns 2,183 shares of the cable giant's stock worth $91,000 after buying an additional 282 shares during the last quarter. Integrated Investment Consultants LLC raised its stake in Comcast by 1.8% in the 4th quarter. Integrated Investment Consultants LLC now owns 16,581 shares of the cable giant's stock valued at $622,000 after purchasing an additional 291 shares during the last quarter. Five Oceans Advisors boosted its position in Comcast by 2.5% during the fourth quarter. Five Oceans Advisors now owns 12,336 shares of the cable giant's stock worth $463,000 after acquiring an additional 298 shares during the last quarter. Kovack Advisors Inc. grew its position in shares of Comcast by 1.1% in the fourth quarter. Kovack Advisors Inc. now owns 26,470 shares of the cable giant's stock valued at $993,000 after purchasing an additional 300 shares in the last quarter. Finally, Beck Mack & Oliver LLC raised its holdings in shares of Comcast by 2.0% during the 4th quarter. Beck Mack & Oliver LLC now owns 15,539 shares of the cable giant's stock worth $583,000 after acquiring an additional 300 shares during the period. 84.32% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on CMCSA shares. Loop Capital cut their price target on shares of Comcast from $54.00 to $53.00 and set a "buy" rating for the company in a report on Thursday, January 2nd. Macquarie dropped their price objective on Comcast from $42.00 to $36.00 and set a "neutral" rating for the company in a research note on Friday, January 31st. UBS Group set a $44.50 price objective on shares of Comcast in a research note on Friday. JPMorgan Chase & Co. cut their price target on Comcast from $45.00 to $39.00 and set a "neutral" rating on the stock in a report on Friday, January 31st. Finally, KeyCorp cut their target price on Comcast from $47.00 to $45.00 and set an "overweight" rating on the stock in a research report on Monday, April 14th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating, nine have given a buy rating and three have issued a strong buy rating to the stock. According to data from MarketBeat, Comcast has an average rating of "Moderate Buy" and a consensus price target of $42.10.

Comcast Trading Down 0.7 %

NASDAQ:CMCSA traded down $0.23 on Wednesday, reaching $33.71. The stock had a trading volume of 7,003,863 shares, compared to its average volume of 21,817,516. The company has a market cap of $127.46 billion, a price-to-earnings ratio of 8.12, a P/E/G ratio of 1.78 and a beta of 0.94. Comcast Co. has a 12-month low of $31.44 and a 12-month high of $45.31. 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 firm's fifty day moving average is $35.25 and its two-hundred day moving average is $37.95.

Comcast (NASDAQ:CMCSA - Get Free Report) last issued 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 company had revenue of $29.89 billion during the quarter, compared to the consensus estimate of $29.82 billion. Comcast had a return on equity of 19.98% and a net margin of 13.09%. Comcast's revenue was down .6% on a year-over-year basis. During the same period in the previous year, the firm posted $1.04 EPS. Equities analysts expect that Comcast Co. will post 4.33 EPS for the current fiscal year.

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.