Comcast Co. (NASDAQ:CMCSA) Stock Holdings Increased by Clarius Group LLC

Clarius Group LLC boosted its stake in shares of Comcast Co. (NASDAQ:CMCSA) by 27.7% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 21,607 shares of the cable giant’s stock after purchasing an additional 4,689 shares during the period. Clarius Group LLC’s holdings in Comcast were worth $811,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in CMCSA. Wilmington Savings Fund Society FSB raised its holdings in shares of Comcast by 55,334.5% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 8,273,052 shares of the cable giant’s stock valued at $345,565,000 after purchasing an additional 8,258,128 shares in the last quarter. FMR LLC raised its holdings in Comcast by 5.4% during the third quarter. FMR LLC now owns 117,420,328 shares of the cable giant’s stock valued at $4,904,647,000 after buying an additional 6,062,658 shares in the last quarter. AQR Capital Management LLC lifted its position in shares of Comcast by 92.1% in the second quarter. AQR Capital Management LLC now owns 8,722,620 shares of the cable giant’s stock worth $339,223,000 after buying an additional 4,182,525 shares during the last quarter. Public Sector Pension Investment Board lifted its position in shares of Comcast by 530.5% in the third quarter. Public Sector Pension Investment Board now owns 3,429,298 shares of the cable giant’s stock worth $143,242,000 after buying an additional 2,885,370 shares during the last quarter. Finally, Darsana Capital Partners LP boosted its stake in shares of Comcast by 26.7% during the 2nd quarter. Darsana Capital Partners LP now owns 9,500,000 shares of the cable giant’s stock worth $372,020,000 after acquiring an additional 2,000,000 shares in the last quarter. Institutional investors and hedge funds own 84.32% of the company’s stock.

Insiders Place Their Bets

In other news, CEO Brian L. Roberts sold 234,464 shares of the firm’s 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 transaction, the chief executive officer now directly owns 6,669,928 shares in the company, valued at $284,539,128.48. This trade represents a 3.40 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, President Michael J. Cavanagh sold 25,537 shares of the company’s stock in a transaction dated Tuesday, November 26th. The shares were sold at an average price of $42.59, for a total value of $1,087,620.83. Following the completion of the sale, the president now 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 disclosure for this sale can be found here. Company insiders own 1.26% of the company’s stock.

Analyst Upgrades and Downgrades

CMCSA has been the subject of several analyst reports. Benchmark restated a “buy” rating and issued a $60.00 target price on shares of Comcast in a report on Tuesday, November 19th. Rosenblatt Securities reaffirmed a “neutral” rating and set a $45.00 price objective on shares of Comcast in a report on Wednesday, November 6th. Morgan Stanley downgraded shares of Comcast from an “overweight” rating to an “equal weight” rating and dropped their target price for the stock from $48.00 to $45.00 in a report on Monday, December 16th. StockNews.com upgraded shares of Comcast from a “buy” rating to a “strong-buy” rating in a report on Friday. Finally, Evercore ISI upgraded Comcast to a “strong-buy” rating in a research note on Thursday, November 21st. One analyst has rated the stock with a sell rating, six have given a hold rating, ten have assigned a buy rating and three have issued a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $47.33.

Comcast Stock Up 0.7 %

NASDAQ CMCSA opened at $36.58 on Friday. The stock’s 50 day simple moving average is $39.97 and its 200 day simple moving average is $40.16. Comcast Co. has a one year low of $36.15 and a one year high of $47.11. The firm has a market cap of $139.97 billion, a PE ratio of 9.83, a price-to-earnings-growth ratio of 1.33 and a beta of 1.01. The company has a debt-to-equity ratio of 1.14, a current ratio of 0.72 and a quick ratio of 0.72.

Comcast (NASDAQ:CMCSA) last announced its earnings results on Thursday, October 31st. The cable giant reported $1.12 EPS for the quarter, topping the consensus estimate of $1.06 by $0.06. Comcast had a return on equity of 19.81% and a net margin of 11.92%. The company had revenue of $32.07 billion for the quarter, compared to analysts’ expectations of $31.78 billion. During the same quarter in the prior year, the business earned $1.08 earnings per share. The business’s revenue for the quarter was up 6.5% on a year-over-year basis. As a group, sell-side analysts forecast that Comcast Co. will post 4.25 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. Investors of record on Wednesday, January 8th will be given a $0.31 dividend. This represents a $1.24 annualized dividend and a yield of 3.39%. The ex-dividend date is Wednesday, January 8th. Comcast’s dividend payout ratio (DPR) is presently 33.33%.

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.