Atlas Capital Advisors Inc. Has $504,000 Position in Comcast Co. (NASDAQ:CMCSA)

Atlas Capital Advisors Inc. raised its position in Comcast Co. (NASDAQ:CMCSA) by 5.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,431 shares of the cable giant’s stock after buying an additional 693 shares during the quarter. Atlas Capital Advisors Inc.’s holdings in Comcast were worth $504,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Pitcairn Co. increased its stake in Comcast by 4.9% during the 4th quarter. Pitcairn Co. now owns 84,219 shares of the cable giant’s stock worth $3,161,000 after acquiring an additional 3,968 shares during the period. Bislett Management LLC increased its position in shares of Comcast by 20.0% in the fourth quarter. Bislett Management LLC now owns 210,000 shares of the cable giant’s stock worth $7,881,000 after purchasing an additional 35,000 shares during the period. Grant Private Wealth Management Inc acquired a new position in Comcast in the fourth quarter valued at about $267,000. Arete Wealth Advisors LLC lifted its position in Comcast by 7.6% during the fourth quarter. Arete Wealth Advisors LLC now owns 50,206 shares of the cable giant’s stock worth $1,883,000 after purchasing an additional 3,531 shares during the period. Finally, World Investment Advisors boosted its position in shares of Comcast by 1.5% during the 4th quarter. World Investment Advisors now owns 258,466 shares of the cable giant’s stock worth $9,700,000 after acquiring an additional 3,921 shares in the last quarter. Institutional investors own 84.32% of the company’s stock.

Comcast Price Performance

Shares of NASDAQ:CMCSA opened at $33.38 on Friday. Comcast Co. has a 1-year low of $32.50 and a 1-year high of $45.31. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 1.09. The stock has a market cap of $126.21 billion, a PE ratio of 8.04, a price-to-earnings-growth ratio of 1.78 and a beta of 0.94. The stock’s fifty day simple moving average is $35.76 and its two-hundred day simple moving average is $38.87.

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 analysts’ consensus estimates of $0.88 by $0.08. Comcast had a return on equity of 19.98% and a net margin of 13.09%. As a group, analysts forecast that Comcast Co. will post 4.33 EPS for the current fiscal year.

Comcast Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 23rd. Stockholders of record on Wednesday, April 2nd will be given a dividend of $0.33 per share. This is an increase from Comcast’s previous quarterly dividend of $0.31. This represents a $1.32 dividend on an annualized basis and a dividend yield of 3.95%. The ex-dividend date of this dividend is Wednesday, April 2nd. Comcast’s dividend payout ratio is currently 31.81%.

Analyst Ratings Changes

CMCSA has been the subject of a number of research reports. UBS Group dropped their price objective on shares of Comcast from $47.00 to $40.00 and set a “neutral” rating for the company in a report on Tuesday, March 25th. Scotiabank lowered shares of Comcast from a “sector outperform” rating to a “sector perform” rating and cut their price target for the stock from $48.00 to $44.50 in a report on Monday, February 3rd. The Goldman Sachs Group decreased their price objective on Comcast from $50.00 to $44.00 and set a “buy” rating for the company in a report on Friday, January 31st. Macquarie reduced their price target on Comcast from $42.00 to $36.00 and set a “neutral” rating on the stock in a research report on Friday, January 31st. Finally, Loop Capital lowered their price objective on Comcast from $54.00 to $53.00 and set a “buy” rating for the company in a research report on Thursday, January 2nd. Ten research analysts have rated the stock with a hold rating, eight have given a buy rating and three have given a strong buy rating to the company’s stock. According to MarketBeat.com, Comcast has an average rating of “Moderate Buy” and an average price target of $43.08.

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.