Comcast Co. (NASDAQ:CMCSA) Stock Holdings Lowered by Personal CFO Solutions LLC

Personal CFO Solutions LLC lowered its position in shares of Comcast Co. (NASDAQ:CMCSA) by 1.0% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 52,994 shares of the cable giant’s stock after selling 519 shares during the period. Personal CFO Solutions LLC’s holdings in Comcast were worth $1,989,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the company. Amundi grew its position in shares of Comcast by 147.9% during the fourth quarter. Amundi now owns 24,086,671 shares of the cable giant’s stock worth $895,499,000 after acquiring an additional 14,369,056 shares during the last quarter. Larson Financial Group LLC grew its position in Comcast by 5.8% in the 4th quarter. Larson Financial Group LLC now owns 20,940 shares of the cable giant’s stock valued at $786,000 after buying an additional 1,157 shares in the last quarter. Arjuna Capital grew its position in Comcast by 66.4% in the 4th quarter. Arjuna Capital now owns 107,786 shares of the cable giant’s stock valued at $4,045,000 after buying an additional 43,030 shares in the last quarter. Banco Santander S.A. grew its position in Comcast by 0.6% in the 4th quarter. Banco Santander S.A. now owns 636,625 shares of the cable giant’s stock valued at $23,893,000 after buying an additional 4,073 shares in the last quarter. Finally, Bank Julius Baer & Co. Ltd Zurich grew its position in Comcast by 143.9% in the 4th quarter. Bank Julius Baer & Co. Ltd Zurich now owns 1,846 shares of the cable giant’s stock valued at $76,000 after buying an additional 1,089 shares in the last quarter. Institutional investors own 84.32% of the company’s stock.

Comcast Price Performance

NASDAQ CMCSA opened at $37.59 on Friday. The company has a 50 day simple moving average of $36.12 and a 200-day simple moving average of $39.35. The company has a debt-to-equity ratio of 1.09, a current ratio of 0.68 and a quick ratio of 0.68. The firm has a market capitalization of $142.13 billion, a price-to-earnings ratio of 9.06, a price-to-earnings-growth ratio of 1.78 and a beta of 1.00. Comcast Co. has a 52-week low of $32.50 and a 52-week high of $45.31.

Comcast (NASDAQ:CMCSA) last posted its quarterly earnings results on Thursday, January 30th. The cable giant reported $0.96 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.88 by $0.08. Comcast had a net margin of 13.09% and a return on equity of 19.98%. Equities research analysts predict that Comcast Co. will post 4.33 earnings per share for the current fiscal year.

Comcast Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 23rd. Stockholders 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 3.51%. This is a positive change from Comcast’s previous quarterly dividend of $0.31. The ex-dividend date is Wednesday, April 2nd. Comcast’s dividend payout ratio is 31.81%.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the stock. Sanford C. Bernstein set a $38.00 target price on shares of Comcast in a research report on Friday, January 31st. StockNews.com upgraded shares of Comcast from a “buy” rating to a “strong-buy” rating in a research report on Thursday, February 27th. Citigroup decreased their target price on shares of Comcast from $47.00 to $44.00 and set a “buy” rating for the company in a research report on Friday, January 31st. Macquarie decreased their target price on shares of Comcast from $42.00 to $36.00 and set a “neutral” rating for the company in a research report on Friday, January 31st. Finally, Seaport Res Ptn upgraded shares of Comcast from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, December 11th. Nine analysts have rated the stock with a hold rating, nine have assigned a buy rating and three have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $43.83.

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.