Yousif Capital Management LLC Sells 41,407 Shares of Comcast Co. (NASDAQ:CMCSA)

Yousif Capital Management LLC cut its holdings in shares of Comcast Co. (NASDAQ:CMCSA) by 6.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 615,387 shares of the cable giant’s stock after selling 41,407 shares during the quarter. Yousif Capital Management LLC’s holdings in Comcast were worth $26,985,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of CMCSA. NewSquare Capital LLC boosted its position 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. Tennessee Valley Asset Management Partners acquired a new position in Comcast during the fourth quarter worth $34,000. Lipe & Dalton bought a new position in shares of Comcast during the fourth quarter valued at $37,000. First Personal Financial Services acquired a new stake in shares of Comcast in the 3rd quarter valued at $39,000. Finally, Valued Wealth Advisors LLC bought a new stake in shares of Comcast in the 4th quarter worth about $44,000. Institutional investors and hedge funds own 84.32% of the company’s stock.

Insider Buying and Selling at Comcast

In other Comcast news, President Michael J. Cavanagh sold 114,749 shares of the stock in a transaction that occurred 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 1.18% of the company’s stock.

Comcast Price Performance

Shares of CMCSA traded down $0.21 during mid-day trading on Tuesday, reaching $40.36. The company had a trading volume of 15,322,636 shares, compared to its average volume of 20,645,980. The company’s 50 day simple moving average is $41.75 and its 200 day simple moving average is $42.66. The company has a market capitalization of $160.30 billion, a price-to-earnings ratio of 10.85, a P/E/G ratio of 0.98 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 quick ratio of 0.60 and a current ratio of 0.60.

Comcast (NASDAQ:CMCSA) last announced its quarterly earnings results on Thursday, January 25th. The cable giant reported $0.84 EPS for the quarter, beating analysts’ consensus estimates of $0.80 by $0.04. The firm had revenue of $31.25 billion for the quarter, compared to analyst estimates of $30.41 billion. Comcast had a return on equity of 19.75% and a net margin of 12.66%. Analysts expect that Comcast Co. will post 4.23 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on CMCSA. Benchmark restated a “buy” rating and set a $55.00 price target on shares of Comcast in a research report on Wednesday, April 10th. Oppenheimer reissued an “outperform” rating and issued a $55.00 target price on shares of Comcast in a research note on Wednesday, April 3rd. Deutsche Bank Aktiengesellschaft lowered their target price on Comcast from $55.00 to $53.00 in a report on Friday, April 5th. BNP Paribas restated a “neutral” rating and issued a $45.00 price target on shares of Comcast in a report on Tuesday, April 9th. Finally, Citigroup increased their price objective on Comcast from $51.00 to $53.00 and gave the stock a “buy” rating in a report on Tuesday, January 30th. Ten investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $49.74.

Comcast 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.