1 week Ago By ABMN Staff
GAMMA Investing LLC lowered its stake in shares of Comcast Co. ( NASDAQ:CMCSA – Free Report ) by 9.2% in the fourth quarter, Holdings Channel reports.
The institutional investor owned 50,785 shares of the cable giant’s stock after selling 5,127 shares during the period. GAMMA Investing LLC’s holdings in Comcast were worth $1,906,000 as of its most recent filing with the SEC. Several other hedge funds have also made changes to their positions in the stock.
Fiera Capital Corp raised its position in Comcast by 57.8% in the second quarter. Fiera Capital Corp now owns 88,723 shares of the cable giant’s stock worth $3,474,000 after purchasing an additional 32,482 shares in the last quarter.
Archer Investment Corp grew its stake in shares of Comcast by 177.1% in the 2nd quarter. Archer Investment Corp now owns 812 shares of the cable giant’s stock valued at $32,000 after purchasing an additional 519 shares during the period.
First National Trust Co lifted its position in shares of Comcast by 1.9% during the 2nd quarter. First National Trust Co now owns 39,422 shares of the cable giant’s stock worth $1,544,000 after buying an additional 730 shares during the period.
Cozad Asset Management Inc. boosted its stake in Comcast by 14.1% in the 2nd quarter.
Cozad Asset Management Inc. now owns 5,547 shares of the cable giant’s stock valued at $217,000 after buying an additional 684 shares in the last quarter. Finally, Larson Financial Group LLC grew its position in Comcast by 51.
6% in the second quarter. Larson Financial Group LLC now owns 15,856 shares of the cable giant’s stock valued at $621,000 after acquiring an additional 5,399 shares during the period. Institutional investors own 84.
32% of the company’s stock. Insider Buying and Selling at Comcast In other Comcast news, President Michael J. Cavanagh sold 25,537 shares of the company’s stock in a transaction on Tuesday, November 26th.
The stock was sold at an average price of $42.59, for a total value of $1,087,620.83.
Following the transaction, the president now directly owns 534,849 shares of the company’s stock, valued at $22,779,218.91. This represents a 4.
56 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink . Also, CEO Brian L.
Roberts sold 234,464 shares of Comcast stock in a transaction on Tuesday, November 26th. The stock was sold at an average price of $42.66, for a total value of $10,002,234.
24. Following the sale, the chief executive officer now directly owns 6,669,928 shares of the company’s stock, valued at $284,539,128.48.
This represents a 3.40 % decrease in their position. The disclosure for this sale can be found here .
Corporate insiders own 1.26% of the company’s stock. Analysts Set New Price Targets Get Our Latest Analysis on Comcast Comcast Stock Down 0.
3 % Comcast stock opened at $37.42 on Friday. The company has a current ratio of 0.
72, a quick ratio of 0.72 and a debt-to-equity ratio of 1.14.
The company has a fifty day simple moving average of $41.41 and a 200 day simple moving average of $40.27.
The company has a market cap of $143.19 billion, a P/E ratio of 10.06, a price-to-earnings-growth ratio of 1.
50 and a beta of 0.99. Comcast Co.
has a 1-year low of $36.43 and a 1-year high of $47.11.
Comcast ( NASDAQ:CMCSA – Get Free Report ) last posted its quarterly earnings results on Thursday, October 31st. The cable giant reported $1.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.
06 by $0.06. The firm had revenue of $32.
07 billion for the quarter, compared to analyst estimates of $31.78 billion. Comcast had a net margin of 11.
92% and a return on equity of 19.81%. The company’s quarterly revenue was up 6.
5% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.08 earnings per share.
Research analysts anticipate that Comcast Co. will post 4.26 earnings per share for the current fiscal year.
Comcast Dividend Announcement The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 29th. Shareholders of record on Wednesday, January 8th will be given a dividend of $0.31 per share.
The ex-dividend date of this dividend is Wednesday, January 8th. This represents a $1.24 dividend on an annualized basis and a yield of 3.
31%. Comcast’s dividend payout ratio (DPR) is 33.33%.
Comcast Company Profile ( Free Report ) 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.
Further Reading Want to see what other hedge funds are holding CMCSA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Comcast Co. ( NASDAQ:CMCSA – Free Report ).
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