Caitlin John LLC Has $291,000 Stock Position in Comcast Co. (NASDAQ:CMCSA)

Caitlin John LLC cut its position in Comcast Co. (NASDAQ:CMCSA) by 14.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,743 shares of the cable giant’s stock after selling 1,354 shares during the quarter. Caitlin John LLC’s holdings in Comcast were worth $291,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in CMCSA. Koshinski Asset Management Inc. increased its stake in shares of Comcast by 0.8% in the 3rd quarter. Koshinski Asset Management Inc. now owns 30,584 shares of the cable giant’s stock worth $1,277,000 after purchasing an additional 249 shares in the last quarter. Taurus Asset Management LLC grew its holdings in Comcast by 2.9% during the third quarter. Taurus Asset Management LLC now owns 9,125 shares of the cable giant’s stock valued at $381,000 after purchasing an additional 253 shares during the period. Regent Peak Wealth Advisors LLC increased its position in Comcast by 3.1% in the third quarter. Regent Peak Wealth Advisors LLC now owns 8,445 shares of the cable giant’s stock worth $353,000 after buying an additional 257 shares in the last quarter. Abich Financial Wealth Management LLC raised its stake in shares of Comcast by 4.7% in the third quarter. Abich Financial Wealth Management LLC now owns 5,829 shares of the cable giant’s stock worth $243,000 after buying an additional 260 shares during the period. Finally, Saxon Interests Inc. lifted its position in shares of Comcast by 2.0% during the 3rd quarter. Saxon Interests Inc. now owns 13,554 shares of the cable giant’s stock valued at $566,000 after buying an additional 262 shares in the last quarter. 84.32% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on CMCSA shares. Pivotal Research lifted their price target on shares of Comcast from $47.00 to $54.00 and gave the company a “buy” rating in a report on Friday, November 1st. BNP Paribas raised shares of Comcast from an “underperform” rating to a “neutral” rating and set a $35.00 target price for the company in a report on Friday, January 31st. Barclays cut their price target on Comcast from $42.00 to $37.00 and set an “equal weight” rating for the company in a research note on Monday. KeyCorp upped their price objective on Comcast from $44.00 to $47.00 and gave the stock an “overweight” rating in a research note on Friday, November 1st. Finally, Seaport Res Ptn upgraded Comcast from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, December 11th. Ten research analysts have rated the stock with a hold rating, ten have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $44.13.

Comcast Stock Performance

NASDAQ CMCSA opened at $33.94 on Thursday. Comcast Co. has a twelve month low of $32.50 and a twelve month high of $45.31. The stock has a market cap of $129.87 billion, a PE ratio of 8.18, a P/E/G ratio of 1.23 and a beta of 1.00. The stock has a fifty day simple moving average of $38.22 and a 200-day simple moving average of $39.97. The company has a current ratio of 0.68, a quick ratio of 0.72 and a debt-to-equity ratio of 1.09.

Comcast (NASDAQ:CMCSA) last announced its earnings results on Thursday, January 30th. The cable giant reported $0.96 earnings per share for the quarter, topping the consensus estimate of $0.88 by $0.08. Comcast had a net margin of 13.09% and a return on equity of 19.98%. Equities analysts anticipate that Comcast Co. will post 4.4 earnings per share for the current year.

Comcast Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 23rd. Investors of record on Wednesday, April 2nd will be given a $0.33 dividend. This represents a $1.32 dividend on an annualized basis and a dividend yield of 3.89%. This is an increase from Comcast’s previous quarterly dividend of $0.31. The ex-dividend date of this dividend is Wednesday, April 2nd. Comcast’s dividend payout ratio (DPR) is 29.88%.

Insider Transactions at Comcast

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

About Comcast

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.