11,484 Shares in Comcast Co. (NASDAQ:CMCSA) Acquired by iSAM Funds UK Ltd

iSAM Funds UK Ltd bought a new position in Comcast Co. (NASDAQ:CMCSA) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 11,484 shares of the cable giant’s stock, valued at approximately $480,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in CMCSA. FMR LLC lifted its holdings in shares of Comcast by 5.4% during the third quarter. FMR LLC now owns 117,420,328 shares of the cable giant’s stock worth $4,904,647,000 after buying an additional 6,062,658 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Comcast by 2.7% during the second quarter. Dimensional Fund Advisors LP now owns 38,329,384 shares of the cable giant’s stock worth $1,500,722,000 after buying an additional 1,000,626 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in shares of Comcast by 1.3% during the third quarter. Charles Schwab Investment Management Inc. now owns 31,871,235 shares of the cable giant’s stock worth $1,331,192,000 after buying an additional 416,759 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Comcast by 6.0% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 30,364,136 shares of the cable giant’s stock worth $1,268,310,000 after buying an additional 1,717,762 shares during the last quarter. Finally, Ontario Teachers Pension Plan Board lifted its holdings in shares of Comcast by 5.4% during the third quarter. Ontario Teachers Pension Plan Board now owns 15,983,230 shares of the cable giant’s stock worth $667,620,000 after buying an additional 822,936 shares during the last quarter. 84.32% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Comcast news, CEO Brian L. Roberts sold 234,464 shares of the firm’s stock in a transaction that occurred on Tuesday, November 26th. The stock was sold at an average price of $42.66, for a total value of $10,002,234.24. Following the completion of the transaction, the chief executive officer now directly owns 6,669,928 shares in the company, valued at $284,539,128.48. This trade represents a 3.40 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, President Michael J. Cavanagh sold 25,537 shares of the firm’s stock in a transaction that occurred on Tuesday, November 26th. The shares were sold at an average price of $42.59, for a total value of $1,087,620.83. Following the completion of the transaction, the president now owns 534,849 shares of the company’s stock, valued at approximately $22,779,218.91. This represents a 4.56 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.26% of the stock is owned by corporate insiders.

Analyst Ratings Changes

CMCSA has been the topic of a number of research reports. Barclays boosted their price objective on Comcast from $40.00 to $42.00 and gave the company an “equal weight” rating in a research report on Monday, November 4th. StockNews.com cut Comcast from a “strong-buy” rating to a “buy” rating in a research report on Wednesday. Wells Fargo & Company boosted their price objective on Comcast from $43.00 to $46.00 and gave the company an “equal weight” rating in a research report on Friday, November 1st. Rosenblatt Securities restated a “neutral” rating and set a $45.00 price objective on shares of Comcast in a research report on Wednesday, November 6th. Finally, KeyCorp boosted their price objective on Comcast from $44.00 to $47.00 and gave the company an “overweight” rating in a research report on Friday, November 1st. One research analyst has rated the stock with a sell rating, six have given a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $47.19.

Comcast Trading Up 0.8 %

NASDAQ:CMCSA opened at $43.15 on Friday. Comcast Co. has a 1-year low of $36.43 and a 1-year high of $47.11. The business’s 50-day moving average price is $42.48 and its two-hundred day moving average price is $40.30. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 1.14. The firm has a market capitalization of $165.12 billion, a price-to-earnings ratio of 11.60, a PEG ratio of 1.61 and a beta of 0.99.

Comcast (NASDAQ:CMCSA) last released its earnings results on Thursday, October 31st. The cable giant reported $1.12 earnings per share for the quarter, beating the consensus estimate of $1.06 by $0.06. Comcast had a return on equity of 19.81% and a net margin of 11.92%. The firm had revenue of $32.07 billion for the quarter, compared to analyst estimates of $31.78 billion. During the same quarter in the prior year, the firm posted $1.08 earnings per share. The company’s quarterly revenue was up 6.5% on a year-over-year basis. On average, equities analysts expect that Comcast Co. will post 4.26 earnings per share for the current year.

Comcast Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 29th. Shareholders of record on Wednesday, January 8th will be issued a $0.31 dividend. The ex-dividend date is Wednesday, January 8th. This represents a $1.24 annualized dividend and a dividend yield of 2.87%. Comcast’s dividend payout ratio (DPR) is currently 33.33%.

Comcast Company 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.