Comcast Corporation Posted losses of -0.38% in the Last Trade

Xavier Trudeau
Mai 19, 2017

Pinnacle Wealth Management Advisory Group LLC raised its stake in shares of Comcast by 93.5% in the first quarter. FMR LLC now owns 98,107,570 shares of the cable giant's stock valued at $3,687,864,000 after buying an additional 48,376,061 shares during the last quarter. NewSquare Capital LLC's holdings in Comcast were worth $290,000 as of its most recent filing with the SEC.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. UMB Bank N A MO raised its position in Comcast by 937.7% in the third quarter. 3G Capital Partners LP now owns 838,000 shares of the cable giant's stock worth $57,864,000 after buying an additional 779,525 shares during the last quarter. MD increased its stake in Comcast by 21.2% in the third quarter. Wellington Management Group LLP now owns 87,354,659 shares of the cable giant's stock valued at $3,283,661,000 after buying an additional 41,671,920 shares during the last quarter. Norges Bank purchased a new stake in Comcast during the fourth quarter worth about $1,487,203,000. The original version of this story can be viewed at https://www.thecerbatgem.com/2017/05/17/tompkins-financial-corp-raises-position-in-comcast-co-cmcsa-updated.html. First Citizens Bank & Trust Co. now owns 137,072 shares of the cable giant's stock worth $9,093,000 after buying an additional 34,547 shares during the period. Wellington Management Group LLP boosted its stake in Comcast by 91.2% in the first quarter. Jefferies maintained it with "Buy" rating and $80.0 target in Monday, December 19 report. Comcast has a one year low of $29.81 and a one year high of $40.62. Kistler stated it has 0.17% in Comcast Corporation (NASDAQ:CMCSA). The Beta for the stock stands at 1.05. Company's distance from 20 day simple moving average is -1.75% and distance from 50-Day simple moving average is 0.52%.

Yet another important factor while evaluating a good buy/sell decision for Comcast Corporation (CMCSA) is its Earnings per Share or EPS.

23 analysts on average are expecting the company to report revenue of $20.87 Billion for the current quarter. The Return on Equity (ROE) value stands at 16.9%. Comcast's revenue was up 8.9% compared to the same quarter past year. During the same period in the prior year, the company posted $0.84 earnings per share. After $0.53 actual earnings per share reported by Comcast Corporation for the previous quarter, Wall Street now forecasts -11.32 % negative EPS growth.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 26th. Loews invested in 0% or 3,500 shares. The ex-dividend date of this dividend is Friday, June 30th. This represents a $0.63 dividend on an annualized basis and a dividend yield of 1.62%. Comcast's payout ratio is now 30.81%. If you are reading this news story on another publication, it was illegally stolen and reposted in violation of United States and worldwide copyright law. HSBC Holdings plc started coverage on shares of Comcast in a research report on Thursday, January 19th. Analysts mean target price for The Walt Disney Company (NYSE:DIS) is $118.96 while their mean recommendation is 2.40 (1=Buy, 5=sell). Macquarie restated a "buy" rating and set a $45.00 price objective on shares of Comcast in a report on Tuesday.

Masco Corporation (MAS) stock price escalated 1.51% to finalize at $37.01 throughout previous buying and selling session. Suntrust Robinson initiated the shares of CMCSA in report on Wednesday, November 11 with "Neutral" rating. Finally, Deutsche Bank AG reaffirmed a "buy" rating and set a $44.00 price target on shares of Comcast in a research report on Tuesday, March 28th. The rating scale runs from 1 to 5 with 5 indicating a Strong Sell, 1 indicating a Strong Buy and 3 indicating a Hold. Comcast now has a consensus rating of "Buy" and an average target price of $43.35. The shares were sold at an average price of $37.05, for a total value of $762,192.60. Looking at this figure it suggests that the shares of Comcast Corporation (CMCSA) may be overvalued, however, this can also depend upon the situation of the market; if the market is strong then it could suggest that Comcast Corporation (CMCSA) is a good investment, however if the market is weaker then it could suggest that the shares are undervalued. Also, EVP Arthur R. Block sold 7,053 shares of Comcast stock in a transaction that occurred on Tuesday, March 21st. Moving averages are considered to be lagging indicators that simply take the average price of a stock over a certain period of time. Following the sale, the executive vice president now directly owns 74,554 shares of the company's stock, valued at approximately $2,804,721.48. The disclosure for this sale can be found here. Insiders sold a total of 367,312 shares of company stock worth $14,139,345 in the last ninety days. Company insiders own 1.27% of the company's stock. More interesting news about Comcast Corporation (NASDAQ:CMCSA) were released by: Seekingalpha.com and their article: "Comcast's Q1: Buy Thesis Still Holds" published on May 01, 2017 as well as Seekingalpha.com's news article titled: "NBCUniversal to acquire Craftsy with big synergy plans" with publication date: May 10, 2017.

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