Comcast Co. (NASDAQ:CMCSA) Shares Acquired by Semmax Financial Advisors Inc.

Semmax Financial Advisors Inc. grew its position in Comcast Co. (NASDAQ:CMCSA) by 98.5% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 39,544 shares of the cable giant’s stock after purchasing an additional 19,626 shares during the period. Semmax Financial Advisors Inc.’s holdings in Comcast were worth $1,672,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in the company. Geode Capital Management LLC boosted its stake in shares of Comcast by 10.4% in the fourth quarter. Geode Capital Management LLC now owns 63,699,503 shares of the cable giant’s stock worth $2,165,450,000 after buying an additional 5,992,911 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in Comcast by 0.6% during the fourth quarter. Dimensional Fund Advisors LP now owns 53,579,451 shares of the cable giant’s stock worth $1,824,544,000 after purchasing an additional 326,417 shares in the last quarter. Boston Partners boosted its position in Comcast by 7.8% during the first quarter. Boston Partners now owns 34,296,383 shares of the cable giant’s stock worth $1,371,169,000 after purchasing an additional 2,472,741 shares in the last quarter. Veritas Asset Management LLP boosted its position in Comcast by 1.6% during the first quarter. Veritas Asset Management LLP now owns 19,648,649 shares of the cable giant’s stock worth $785,553,000 after purchasing an additional 305,831 shares in the last quarter. Finally, Nordea Investment Management AB boosted its position in Comcast by 67.5% during the first quarter. Nordea Investment Management AB now owns 17,274,883 shares of the cable giant’s stock worth $690,651,000 after purchasing an additional 6,960,677 shares in the last quarter. 82.85% of the stock is currently owned by institutional investors and hedge funds.

Shares of NASDAQ:CMCSA traded down $1.34 during midday trading on Friday, hitting $42.43. The company had a trading volume of 13,643,939 shares, compared to its average volume of 17,023,876. Comcast Co. has a twelve month low of $32.61 and a twelve month high of $45.29. The company has a debt-to-equity ratio of 1.30, a current ratio of 0.69 and a quick ratio of 0.69. The stock has a market cap of $200.19 billion, a price-to-earnings ratio of 16.64, a price-to-earnings-growth ratio of 1.21 and a beta of 1.08. The business’s 50-day simple moving average is $43.54 and its 200-day simple moving average is $41.59.



Comcast (NASDAQ:CMCSA) last posted its quarterly earnings results on Thursday, July 25th. The cable giant reported $0.78 EPS for the quarter, beating the consensus estimate of $0.75 by $0.03. Comcast had a return on equity of 17.50% and a net margin of 11.64%. The firm had revenue of $26.86 billion during the quarter, compared to analysts’ expectations of $27.08 billion. During the same quarter last year, the firm earned $0.65 earnings per share. The business’s revenue for the quarter was up 23.6% on a year-over-year basis. As a group, sell-side analysts forecast that Comcast Co. will post 3.08 EPS for the current year.

CMCSA has been the topic of a number of recent analyst reports. Pivotal Research reiterated a “buy” rating and set a $54.00 price target on shares of Comcast in a research report on Wednesday, June 26th. Barclays increased their price target on Comcast from $44.00 to $45.00 and gave the stock an “overweight” rating in a research report on Friday, April 26th. Bank of America set a $58.00 price target on Comcast and gave the stock a “buy” rating in a research report on Wednesday. ValuEngine downgraded Comcast from a “hold” rating to a “sell” rating in a research report on Thursday, August 1st. Finally, Macquarie assumed coverage on Comcast in a research report on Wednesday, June 19th. They issued a “buy” rating and a $50.00 target price on the stock. One analyst has rated the stock with a sell rating, five have issued a hold rating and twenty have assigned a buy rating to the company. Comcast currently has a consensus rating of “Buy” and a consensus price target of $46.25.

In other Comcast news, SVP Daniel C. Murdock sold 1,701 shares of the firm’s stock in a transaction on Thursday, June 13th. The stock was sold at an average price of $41.46, for a total transaction of $70,523.46. Following the completion of the sale, the senior vice president now owns 4,712 shares of the company’s stock, valued at $195,359.52. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, SVP Daniel C. Murdock sold 848 shares of the firm’s stock in a transaction on Thursday, August 22nd. The stock was sold at an average price of $44.23, for a total value of $37,507.04. Following the sale, the senior vice president now directly owns 3,419 shares of the company’s stock, valued at approximately $151,222.37. The disclosure for this sale can be found here. 1.35% of the stock is currently owned by company insiders.

Comcast Company Profile

Comcast Corporation operates as a media and technology company worldwide. It operates through Cable Communications, Cable Networks, Broadcast Television, Filmed Entertainment, Theme Parks, and Sky segments. The Cable Communications segment offers cable services, including high-speed Internet, video, voice, and security and automation services to residential and business customers under the Xfinity name; and advertising services.

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Institutional Ownership by Quarter for Comcast (NASDAQ:CMCSA)

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