Bigelow Investment Advisors LLC Has $506,000 Stock Position in Comcast Co. (NASDAQ:CMCSA)

Bigelow Investment Advisors LLC lessened its stake in shares of Comcast Co. (NASDAQ:CMCSA) by 3.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 11,537 shares of the cable giant’s stock after selling 410 shares during the period. Bigelow Investment Advisors LLC’s holdings in Comcast were worth $506,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of CMCSA. NewSquare Capital LLC grew its holdings in shares of Comcast by 94.1% during the 3rd quarter. NewSquare Capital LLC now owns 623 shares of the cable giant’s stock valued at $28,000 after acquiring an additional 302 shares in the last quarter. Leith Wheeler Investment Counsel Ltd. increased its position in Comcast by 299.1% in the 4th quarter. Leith Wheeler Investment Counsel Ltd. now owns 634,727 shares of the cable giant’s stock worth $28,000 after purchasing an additional 475,675 shares during the last quarter. Fortis Capital Advisors LLC acquired a new stake in shares of Comcast during the 4th quarter valued at about $29,000. Tennessee Valley Asset Management Partners acquired a new position in Comcast in the fourth quarter worth approximately $34,000. Finally, Lipe & Dalton acquired a new stake in Comcast in the fourth quarter valued at approximately $37,000. 84.32% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Comcast

In related news, President Michael J. Cavanagh sold 114,749 shares of the firm’s stock in a transaction on Monday, January 29th. The shares were sold at an average price of $46.10, for a total transaction of $5,289,928.90. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 1.18% of the stock is owned by insiders.

Analysts Set New Price Targets

CMCSA has been the topic of several analyst reports. StockNews.com downgraded shares of Comcast from a “strong-buy” rating to a “buy” rating in a research report on Friday, March 22nd. Citigroup increased their price objective on Comcast from $51.00 to $53.00 and gave the company a “buy” rating in a report on Tuesday, January 30th. Evercore ISI restated an “outperform” rating and issued a $50.00 target price on shares of Comcast in a report on Tuesday, March 26th. Deutsche Bank Aktiengesellschaft lowered their price target on Comcast from $55.00 to $53.00 in a report on Friday, April 5th. Finally, Rosenblatt Securities boosted their price objective on shares of Comcast from $44.00 to $46.00 and gave the stock a “neutral” rating in a research note on Friday, December 22nd. Ten research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $49.74.

Comcast Trading Up 1.6 %

CMCSA traded up $0.62 during mid-day trading on Friday, hitting $40.24. The stock had a trading volume of 24,134,633 shares, compared to its average volume of 20,662,158. The stock’s fifty day simple moving average is $41.86 and its 200-day simple moving average is $42.74. The firm has a market capitalization of $159.83 billion, a price-to-earnings ratio of 10.75, a price-to-earnings-growth ratio of 0.95 and a beta of 0.98. Comcast Co. has a 1-year low of $36.38 and a 1-year high of $47.46. The company has a debt-to-equity ratio of 1.14, a current ratio of 0.60 and a quick ratio of 0.60.

Comcast (NASDAQ:CMCSA) last issued its quarterly earnings data on Thursday, January 25th. The cable giant reported $0.84 EPS for the quarter, topping the consensus estimate of $0.80 by $0.04. Comcast had a return on equity of 19.75% and a net margin of 12.66%. The business had revenue of $31.25 billion for the quarter, compared to the consensus estimate of $30.41 billion. As a group, research analysts forecast that Comcast Co. will post 4.23 EPS for the current fiscal year.

About Comcast

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.