Comcast Corporation (NASDAQ:CMCSA) Position Maintained by Omnia Family Wealth LLC

Omnia Family Wealth LLC held its stake in Comcast Corporation (NASDAQ:CMCSA) during the first quarter, according to its most recent filing with the SEC. The fund owned 7,892 shares of the cable giant’s stock at the end of the first quarter. Omnia Family Wealth LLC’s holdings in Comcast Corporation were worth $547,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Ladenburg Thalmann Financial Services Inc. raised its stake in shares of Comcast Corporation by 2.8% in the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 94,490 shares of the cable giant’s stock worth $6,522,000 after buying an additional 2,552 shares in the last quarter. Horizon Kinetics LLC raised its stake in shares of Comcast Corporation by 0.3% in the fourth quarter. Horizon Kinetics LLC now owns 8,135 shares of the cable giant’s stock worth $562,000 after buying an additional 26 shares in the last quarter. Princeton Portfolio Strategies Group LLC raised its stake in shares of Comcast Corporation by 5.4% in the fourth quarter. Princeton Portfolio Strategies Group LLC now owns 142,518 shares of the cable giant’s stock worth $9,841,000 after buying an additional 7,317 shares in the last quarter. Capital International Inc. CA raised its stake in shares of Comcast Corporation by 93.3% in the fourth quarter. Capital International Inc. CA now owns 74,800 shares of the cable giant’s stock worth $5,165,000 after buying an additional 36,100 shares in the last quarter. Finally, Capital International Ltd. CA raised its stake in shares of Comcast Corporation by 1.0% in the fourth quarter. Capital International Ltd. CA now owns 258,900 shares of the cable giant’s stock worth $17,877,000 after buying an additional 2,500 shares in the last quarter. 82.87% of the stock is owned by institutional investors.

Comcast Corporation (NASDAQ:CMCSA) opened at 40.52 on Friday. Comcast Corporation has a 52 week low of $30.02 and a 52 week high of $42.18. The company has a 50-day moving average of $39.71 and a 200 day moving average of $38.91. The company has a market cap of $190.99 billion, a P/E ratio of 20.41 and a beta of 1.01.

Comcast Corporation (NASDAQ:CMCSA) last posted its quarterly earnings results on Thursday, July 27th. The cable giant reported $0.52 EPS for the quarter, beating the Zacks’ consensus estimate of $0.48 by $0.04. Comcast Corporation had a net margin of 11.45% and a return on equity of 16.80%. The company had revenue of $21.17 billion during the quarter, compared to analyst estimates of $20.85 billion. During the same period in the prior year, the business posted $0.83 EPS. The firm’s revenue was up 9.8% compared to the same quarter last year. On average, equities analysts forecast that Comcast Corporation will post $2.04 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 25th. Shareholders of record on Wednesday, October 4th will be given a dividend of $0.1575 per share. This represents a $0.63 dividend on an annualized basis and a yield of 1.55%. The ex-dividend date is Tuesday, October 3rd. Comcast Corporation’s payout ratio is currently 31.74%.

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A number of research firms have commented on CMCSA. Instinet reaffirmed a “buy” rating and set a $46.00 target price on shares of Comcast Corporation in a report on Wednesday, June 28th. Jefferies Group LLC reissued a “buy” rating and set a $47.00 price target (up from $43.00) on shares of Comcast Corporation in a research report on Saturday, April 29th. Royal Bank Of Canada lifted their price target on shares of Comcast Corporation from $40.00 to $45.00 and gave the stock an “outperform” rating in a research report on Monday, May 1st. Goldman Sachs Group, Inc. (The) reissued a “buy” rating on shares of Comcast Corporation in a research report on Wednesday, June 28th. Finally, TD Securities began coverage on shares of Comcast Corporation in a research report on Thursday, July 13th. They set a “buy” rating and a $51.00 price target on the stock. Two analysts have rated the stock with a hold rating and twenty-three have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $45.69.

In other news, SVP Daniel C. Murdock sold 3,659 shares of the company’s stock in a transaction dated Monday, August 7th. The shares were sold at an average price of $39.61, for a total value of $144,932.99. Following the sale, the senior vice president now directly owns 725 shares of the company’s stock, valued at approximately $28,717.25. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Kenneth J. Bacon sold 7,500 shares of the company’s stock in a transaction dated Thursday, May 25th. The stock was sold at an average price of $40.50, for a total transaction of $303,750.00. Following the completion of the sale, the director now directly owns 26,812 shares in the company, valued at $1,085,886. The disclosure for this sale can be found here. 1.28% of the stock is currently owned by insiders.

Comcast Corporation Company Profile

Comcast Corporation is a media and technology company. The Company has two primary businesses: Comcast Cable and NBCUniversal. Its Comcast Cable business operates in the Cable Communications segment. Its NBCUniversal business operates in four business segments: Cable Networks, Broadcast Television, Filmed Entertainment and Theme Parks.

Institutional Ownership by Quarter for Comcast Corporation (NASDAQ:CMCSA)

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