Kistler Tiffany Companies LLC Boosts Holdings in Comcast Co. (NASDAQ:CMCSA)

Kistler Tiffany Companies LLC boosted its position in Comcast Co. (NASDAQ:CMCSA) by 0.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 32,484 shares of the cable giant’s stock after buying an additional 259 shares during the period. Kistler Tiffany Companies LLC’s holdings in Comcast were worth $1,461,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the stock. United Bank lifted its stake in Comcast by 58.4% during the 2nd quarter. United Bank now owns 14,614 shares of the cable giant’s stock valued at $618,000 after acquiring an additional 5,388 shares during the period. Smith Asset Management Group LP acquired a new position in shares of Comcast in the 2nd quarter valued at $29,080,000. Arjuna Capital lifted its stake in shares of Comcast by 14.1% in the 2nd quarter. Arjuna Capital now owns 30,197 shares of the cable giant’s stock valued at $1,277,000 after purchasing an additional 3,723 shares during the period. Barrow Hanley Mewhinney & Strauss LLC lifted its stake in shares of Comcast by 0.8% in the 2nd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 36,744,726 shares of the cable giant’s stock valued at $1,553,567,000 after purchasing an additional 294,244 shares during the period. Finally, Atlanta Capital Management Co. L L C lifted its stake in shares of Comcast by 0.3% in the 2nd quarter. Atlanta Capital Management Co. L L C now owns 1,135,353 shares of the cable giant’s stock valued at $48,003,000 after purchasing an additional 3,919 shares during the period. Hedge funds and other institutional investors own 82.54% of the company’s stock.

Several equities analysts recently issued reports on CMCSA shares. TD Securities decreased their target price on shares of Comcast from $57.00 to $54.00 and set a “buy” rating for the company in a research note on Friday, December 20th. Pivotal Research upped their price objective on shares of Comcast from $54.00 to $56.00 and gave the stock a “buy” rating in a research report on Thursday, September 26th. Guggenheim set a $57.00 price objective on shares of Comcast and gave the stock a “buy” rating in a research report on Friday, October 25th. ValuEngine upgraded shares of Comcast from a “strong sell” rating to a “sell” rating in a research report on Tuesday, December 3rd. Finally, Wolfe Research set a $56.00 price objective on shares of Comcast and gave the stock a “buy” rating in a research report on Friday, October 25th. One research analyst has rated the stock with a sell rating, four have given a hold rating and eighteen have issued a buy rating to the company. Comcast presently has a consensus rating of “Buy” and a consensus price target of $50.38.

In other Comcast news, EVP David N. Watson sold 78,100 shares of the stock in a transaction dated Monday, December 16th. The shares were sold at an average price of $43.67, for a total transaction of $3,410,627.00. Following the completion of the transaction, the executive vice president now owns 564,424 shares of the company’s stock, valued at $24,648,396.08. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Brian L. Roberts sold 508,248 shares of the stock in a transaction dated Monday, October 28th. The stock was sold at an average price of $44.98, for a total transaction of $22,860,995.04. Following the transaction, the chief executive officer now directly owns 4,108,522 shares of the company’s stock, valued at approximately $184,801,319.56. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 591,948 shares of company stock valued at $26,526,254. 1.35% of the stock is currently owned by insiders.

Shares of CMCSA traded up $0.23 during mid-day trading on Tuesday, reaching $46.03. The stock had a trading volume of 16,249,049 shares, compared to its average volume of 18,745,084. The company has a debt-to-equity ratio of 1.33, a current ratio of 0.86 and a quick ratio of 0.86. Comcast Co. has a 52-week low of $34.67 and a 52-week high of $47.27. The business’s fifty day moving average is $44.29 and its 200 day moving average is $44.40. The firm has a market cap of $204.63 billion, a price-to-earnings ratio of 18.05, a P/E/G ratio of 1.13 and a beta of 1.05.

Comcast (NASDAQ:CMCSA) last announced its quarterly earnings data on Thursday, October 24th. The cable giant reported $0.79 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.75 by $0.04. Comcast had a net margin of 11.45% and a return on equity of 17.97%. The firm had revenue of $26.83 billion during the quarter, compared to analyst estimates of $26.77 billion. During the same quarter in the prior year, the firm posted $0.65 earnings per share. Comcast’s quarterly revenue was up 21.2% on a year-over-year basis. As a group, sell-side analysts anticipate that Comcast Co. will post 3.1 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 29th. Shareholders of record on Wednesday, January 8th will be paid a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a yield of 1.82%. The ex-dividend date is Tuesday, January 7th. Comcast’s dividend payout ratio (DPR) is presently 32.94%.

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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