Comcast Co. (NASDAQ:CMCSA) Shares Sold by O Shaughnessy Asset Management LLC

O Shaughnessy Asset Management LLC lessened its holdings in Comcast Co. (NASDAQ:CMCSAGet Rating) by 4.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 619,712 shares of the cable giant’s stock after selling 28,844 shares during the quarter. O Shaughnessy Asset Management LLC’s holdings in Comcast were worth $31,190,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Childress Capital Advisors LLC boosted its holdings in Comcast by 1.5% during the 3rd quarter. Childress Capital Advisors LLC now owns 12,400 shares of the cable giant’s stock valued at $693,000 after acquiring an additional 188 shares during the period. Boltwood Capital Management boosted its stake in shares of Comcast by 0.7% in the 4th quarter. Boltwood Capital Management now owns 28,300 shares of the cable giant’s stock valued at $1,424,000 after buying an additional 200 shares during the period. Stock Yards Bank & Trust Co. boosted its stake in shares of Comcast by 1.6% in the 4th quarter. Stock Yards Bank & Trust Co. now owns 13,054 shares of the cable giant’s stock valued at $657,000 after buying an additional 200 shares during the period. Teamwork Financial Advisors LLC boosted its stake in shares of Comcast by 5.3% in the 4th quarter. Teamwork Financial Advisors LLC now owns 4,068 shares of the cable giant’s stock valued at $205,000 after buying an additional 204 shares during the period. Finally, Abbrea Capital LLC boosted its stake in shares of Comcast by 0.5% in the 4th quarter. Abbrea Capital LLC now owns 44,236 shares of the cable giant’s stock valued at $2,226,000 after buying an additional 208 shares during the period. Institutional investors own 83.33% of the company’s stock.

Several equities analysts have recently issued reports on CMCSA shares. Bank of America cut Comcast from a “buy” rating to a “neutral” rating and decreased their price objective for the company from $67.00 to $50.00 in a research note on Friday, April 29th. TD Securities decreased their target price on Comcast from $70.00 to $65.00 and set a “buy” rating for the company in a research note on Friday, April 29th. Deutsche Bank Aktiengesellschaft decreased their target price on Comcast from $62.00 to $60.00 in a research note on Friday, April 29th. Oppenheimer decreased their target price on Comcast from $75.00 to $60.00 and set an “outperform” rating for the company in a research note on Thursday, April 14th. Finally, Rosenblatt Securities started coverage on Comcast in a research note on Tuesday, April 19th. They set a “neutral” rating and a $51.00 target price for the company. One research analyst has rated the stock with a sell rating, seven have given a hold rating, fifteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Comcast currently has an average rating of “Buy” and a consensus target price of $59.46.

In other news, CEO David N. Watson sold 65,410 shares of the company’s stock in a transaction on Friday, March 11th. The stock was sold at an average price of $45.69, for a total value of $2,988,582.90. The sale was disclosed in a filing with the SEC, which is available through this link. 1.35% of the stock is owned by corporate insiders.

CMCSA traded down $0.11 during trading on Thursday, reaching $42.02. 17,416,889 shares of the stock were exchanged, compared to its average volume of 23,865,564. The business’s 50 day moving average price is $45.07 and its two-hundred day moving average price is $48.17. The company has a debt-to-equity ratio of 1.02, a current ratio of 0.86 and a quick ratio of 0.86. The company has a market capitalization of $190.49 billion, a price-to-earnings ratio of 13.56, a P/E/G ratio of 0.89 and a beta of 0.97. Comcast Co. has a 1 year low of $39.47 and a 1 year high of $61.80.

Comcast (NASDAQ:CMCSAGet Rating) last posted its earnings results on Thursday, April 28th. The cable giant reported $0.86 EPS for the quarter, topping analysts’ consensus estimates of $0.80 by $0.06. The company had revenue of $31.01 billion for the quarter, compared to the consensus estimate of $30.40 billion. Comcast had a return on equity of 15.92% and a net margin of 11.96%. Comcast’s quarterly revenue was up 14.0% compared to the same quarter last year. During the same period in the previous year, the business earned $0.76 earnings per share. On average, analysts anticipate that Comcast Co. will post 3.55 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 27th. Stockholders of record on Wednesday, July 6th will be given a $0.27 dividend. The ex-dividend date of this dividend is Tuesday, July 5th. This represents a $1.08 annualized dividend and a dividend yield of 2.57%. Comcast’s dividend payout ratio is currently 34.84%.

About Comcast (Get Rating)

Comcast Corporation operates as a media and technology company worldwide. It operates through Cable Communications, Media, Studios, Theme Parks, and Sky segments. The Cable Communications segment offers broadband, video, voice, wireless, and other services to residential and business customers under the Xfinity brand; and advertising services.

Featured Stories

Institutional Ownership by Quarter for Comcast (NASDAQ:CMCSA)

Receive News & Ratings for Comcast Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Comcast and related companies with MarketBeat.com's FREE daily email newsletter.