5,310 Shares in Comcast Co. (NASDAQ:CMCSA) Acquired by United Advisor Group LLC

United Advisor Group LLC purchased a new position in shares of Comcast Co. (NASDAQ:CMCSA) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 5,310 shares of the cable giant’s stock, valued at approximately $222,000.

A number of other hedge funds also recently added to or reduced their stakes in CMCSA. FSM Wealth Advisors LLC grew its holdings in Comcast by 20.6% during the 3rd quarter. FSM Wealth Advisors LLC now owns 9,643 shares of the cable giant’s stock worth $403,000 after acquiring an additional 1,648 shares in the last quarter. Impax Asset Management Group plc grew its position in Comcast by 145.3% in the 3rd quarter. Impax Asset Management Group plc now owns 42,919 shares of the cable giant’s stock valued at $1,793,000 after buying an additional 25,419 shares in the last quarter. Quintet Private Bank Europe S.A. raised its position in shares of Comcast by 4.7% during the 3rd quarter. Quintet Private Bank Europe S.A. now owns 39,778 shares of the cable giant’s stock worth $1,662,000 after buying an additional 1,781 shares in the last quarter. First National Bank of Mount Dora Trust Investment Services lifted its stake in shares of Comcast by 1.6% in the 3rd quarter. First National Bank of Mount Dora Trust Investment Services now owns 171,424 shares of the cable giant’s stock worth $7,160,000 after acquiring an additional 2,766 shares during the period. Finally, National Pension Service lifted its position in Comcast by 13.5% in the third quarter. National Pension Service now owns 8,701,529 shares of the cable giant’s stock worth $363,463,000 after purchasing an additional 1,035,584 shares during the period. 84.32% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

CMCSA has been the topic of a number of research reports. Macquarie reissued a “neutral” rating and issued a $40.00 price objective on shares of Comcast in a research note on Friday, November 1st. StockNews.com cut shares of Comcast from a “strong-buy” rating to a “buy” rating in a report on Tuesday, September 24th. TD Cowen lowered their price target on Comcast from $50.00 to $48.00 and set a “buy” rating on the stock in a report on Friday, November 1st. Barclays lifted their price objective on shares of Comcast from $40.00 to $42.00 and gave the company an “equal weight” rating in a research note on Monday. Finally, Benchmark reiterated a “buy” rating and issued a $55.00 target price on shares of Comcast in a report on Wednesday, October 30th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and eleven have issued a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $46.75.

Comcast Stock Performance

Shares of CMCSA opened at $45.14 on Thursday. The stock has a market capitalization of $174.80 billion, a P/E ratio of 12.13, a price-to-earnings-growth ratio of 1.14 and a beta of 1.00. The firm’s fifty day simple moving average is $41.00 and its two-hundred day simple moving average is $39.66. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 1.14. Comcast Co. has a 12 month low of $36.43 and a 12 month high of $47.11.

Comcast (NASDAQ:CMCSA) last issued its quarterly earnings data on Thursday, October 31st. The cable giant reported $1.12 EPS for the quarter, topping analysts’ consensus estimates of $1.06 by $0.06. Comcast had a return on equity of 19.81% and a net margin of 11.92%. The firm had revenue of $32.07 billion during the quarter, compared to analyst estimates of $31.78 billion. During the same period in the previous year, the company posted $1.08 EPS. The company’s revenue for the quarter was up 6.5% on a year-over-year basis. As a group, analysts predict that Comcast Co. will post 4.27 EPS for the current year.

Comcast Dividend Announcement

The firm 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 $0.31 dividend. 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 2.75%. Comcast’s dividend payout ratio is currently 33.33%.

Comcast Company 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.