41,420 Shares in Comcast Co. (NASDAQ:CMCSA) Acquired by Actinver Wealth Management Inc.

Actinver Wealth Management Inc. bought a new stake in Comcast Co. (NASDAQ:CMCSA) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 41,420 shares of the cable giant’s stock, valued at approximately $1,612,000.

Several other hedge funds have also recently made changes to their positions in the company. BlackRock Inc. raised its holdings in shares of Comcast by 0.6% during the fourth quarter. BlackRock Inc. now owns 320,375,109 shares of the cable giant’s stock worth $10,908,773,000 after purchasing an additional 1,855,378 shares during the period. Dodge & Cox raised its holdings in shares of Comcast by 0.4% during the third quarter. Dodge & Cox now owns 132,526,363 shares of the cable giant’s stock worth $4,692,759,000 after purchasing an additional 509,730 shares during the period. Geode Capital Management LLC raised its holdings in shares of Comcast by 10.4% during the fourth quarter. Geode Capital Management LLC now owns 63,699,503 shares of the cable giant’s stock worth $2,165,450,000 after purchasing an additional 5,992,911 shares during the period. Dimensional Fund Advisors LP raised its holdings in shares of Comcast by 0.6% during the fourth quarter. Dimensional Fund Advisors LP now owns 53,579,451 shares of the cable giant’s stock worth $1,824,544,000 after purchasing an additional 326,417 shares during the period. Finally, Northern Trust Corp raised its holdings in shares of Comcast by 3.5% during the fourth quarter. Northern Trust Corp now owns 53,028,586 shares of the cable giant’s stock worth $1,805,623,000 after purchasing an additional 1,816,774 shares during the period. Institutional investors and hedge funds own 81.22% of the company’s stock.

In other news, EVP David L. Cohen sold 258,937 shares of the firm’s stock in a transaction dated Tuesday, February 12th. The shares were sold at an average price of $37.15, for a total transaction of $9,619,509.55. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Stephen B. Burke sold 457,633 shares of the firm’s stock in a transaction dated Friday, April 26th. The shares were sold at an average price of $43.35, for a total transaction of $19,838,390.55. Following the transaction, the executive vice president now owns 1,078,189 shares of the company’s stock, valued at approximately $46,739,493.15. The disclosure for this sale can be found here. Insiders sold a total of 1,475,735 shares of company stock valued at $59,101,397 in the last quarter. 1.31% of the stock is currently owned by insiders.

CMCSA traded up $0.23 on Friday, reaching $43.15. The company had a trading volume of 12,923,653 shares, compared to its average volume of 14,435,738. The firm has a market capitalization of $199.34 billion, a PE ratio of 16.92, a P/E/G ratio of 1.15 and a beta of 1.13. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 1.38. Comcast Co. has a one year low of $30.67 and a one year high of $43.96.

Comcast (NASDAQ:CMCSA) last announced its earnings results on Thursday, April 25th. The cable giant reported $0.76 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.68 by $0.08. The firm had revenue of $26.86 billion during the quarter, compared to analyst estimates of $27.27 billion. Comcast had a net margin of 12.34% and a return on equity of 17.04%. Comcast’s revenue was up 17.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.66 EPS. On average, equities analysts expect that Comcast Co. will post 2.92 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 24th. Investors of record on Wednesday, July 3rd will be given a $0.21 dividend. The ex-dividend date is Tuesday, July 2nd. This represents a $0.84 dividend on an annualized basis and a yield of 1.95%. Comcast’s dividend payout ratio is presently 32.94%.

A number of analysts have weighed in on the stock. BidaskClub cut shares of Comcast from a “buy” rating to a “hold” rating in a report on Tuesday, April 30th. TD Securities increased their target price on shares of Comcast from $50.00 to $57.00 and gave the stock a “buy” rating in a report on Monday, April 29th. KeyCorp increased their target price on shares of Comcast from $43.00 to $50.00 and gave the stock an “overweight” rating in a report on Friday, April 26th. Barclays increased their price objective on shares of Comcast from $44.00 to $45.00 and gave the stock an “overweight” rating in a report on Friday, April 26th. Finally, Morgan Stanley increased their price objective on shares of Comcast from $46.00 to $48.00 and gave the stock an “overweight” rating in a report on Friday, April 26th. Eight investment analysts have rated the stock with a hold rating and seventeen have issued a buy rating to the stock. Comcast presently has an average rating of “Buy” and an average target price of $44.65.

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Comcast Profile

Comcast Corporation operates as a media and technology company worldwide. It operates through Cable Communications, Cable Networks, Broadcast Television, Filmed Entertainment, Theme Parks, and Sky segments. The Cable Communications segment offers cable services, including high-speed Internet, video, voice, and security and automation services to residential and business customers under the Xfinity name; and advertising services.

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Institutional Ownership by Quarter for Comcast (NASDAQ:CMCSA)

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