Comcast Co. (NASDAQ:CMCSA) Shares Sold by Dynamic Advisor Solutions LLC

Dynamic Advisor Solutions LLC cut its stake in shares of Comcast Co. (NASDAQ:CMCSA) by 66.7% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 29,797 shares of the cable giant’s stock after selling 59,787 shares during the quarter. Dynamic Advisor Solutions LLC’s holdings in Comcast were worth $1,118,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the stock. Winch Advisory Services LLC grew its holdings in Comcast by 269.9% in the fourth quarter. Winch Advisory Services LLC now owns 688 shares of the cable giant’s stock valued at $26,000 after purchasing an additional 502 shares during the last quarter. Safe Harbor Fiduciary LLC acquired a new stake in Comcast in the 3rd quarter valued at about $30,000. McClarren Financial Advisors Inc. increased its holdings in Comcast by 365.4% during the 3rd quarter. McClarren Financial Advisors Inc. now owns 726 shares of the cable giant’s stock valued at $30,000 after acquiring an additional 570 shares in the last quarter. Iron Horse Wealth Management LLC raised its position in Comcast by 220.3% during the third quarter. Iron Horse Wealth Management LLC now owns 759 shares of the cable giant’s stock worth $32,000 after acquiring an additional 522 shares during the last quarter. Finally, Dunhill Financial LLC lifted its holdings in shares of Comcast by 54.8% in the third quarter. Dunhill Financial LLC now owns 814 shares of the cable giant’s stock valued at $34,000 after purchasing an additional 288 shares in the last quarter. Hedge funds and other institutional investors own 84.32% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on CMCSA shares. Morgan Stanley lowered Comcast from an “overweight” rating to an “equal weight” rating and reduced their target price for the company from $48.00 to $45.00 in a research note on Monday, December 16th. StockNews.com raised Comcast from a “buy” rating to a “strong-buy” rating in a research note on Friday, January 17th. Pivotal Research boosted their target price on shares of Comcast from $47.00 to $54.00 and gave the company a “buy” rating in a research note on Friday, November 1st. Evercore ISI raised shares of Comcast to a “strong-buy” rating in a research note on Thursday, November 21st. Finally, Loop Capital cut their price objective on shares of Comcast from $54.00 to $53.00 and set a “buy” rating for the company in a research report on Thursday, January 2nd. One research analyst has rated the stock with a sell rating, six have issued a hold rating, ten have issued a buy rating and three have given a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $47.33.

Comcast Stock Up 0.4 %

CMCSA opened at $37.62 on Monday. The company has a market cap of $143.95 billion, a PE ratio of 10.11, a price-to-earnings-growth ratio of 1.35 and a beta of 1.01. The company has a debt-to-equity ratio of 1.14, a quick ratio of 0.72 and a current ratio of 0.72. Comcast Co. has a 1 year low of $36.15 and a 1 year high of $47.11. The firm has a 50 day moving average price of $39.31 and a 200 day moving average price of $40.16.

Comcast (NASDAQ:CMCSA) last issued its earnings results on Thursday, October 31st. The cable giant reported $1.12 EPS for the quarter, beating analysts’ consensus estimates of $1.06 by $0.06. Comcast had a net margin of 11.92% and a return on equity of 19.81%. The business had revenue of $32.07 billion for the quarter, compared to the consensus estimate of $31.78 billion. During the same quarter last year, the firm posted $1.08 EPS. The business’s revenue for the quarter was up 6.5% compared to the same quarter last year. Sell-side analysts expect that Comcast Co. will post 4.25 earnings per share for the current year.

Insider Transactions at Comcast

In other news, President Michael J. Cavanagh sold 25,537 shares of Comcast stock in a transaction dated Tuesday, November 26th. The stock was sold at an average price of $42.59, for a total transaction of $1,087,620.83. Following the sale, the president now directly owns 534,849 shares of the company’s stock, valued at approximately $22,779,218.91. The trade was a 4.56 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Brian L. Roberts sold 234,464 shares of the stock in a transaction dated Tuesday, November 26th. The shares were sold at an average price of $42.66, for a total value of $10,002,234.24. Following the completion of the transaction, 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. Company insiders own 1.26% of the company’s stock.

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.