XTX Topco Ltd Invests $1.02 Million in Comcast Corporation $CMCSA

XTX Topco Ltd purchased a new stake in Comcast Corporation (NASDAQ:CMCSA) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 28,479 shares of the cable giant’s stock, valued at approximately $1,016,000.

Other institutional investors also recently made changes to their positions in the company. Vanguard Group Inc. lifted its stake in shares of Comcast by 0.3% in the second quarter. Vanguard Group Inc. now owns 369,438,921 shares of the cable giant’s stock valued at $13,185,275,000 after purchasing an additional 1,257,196 shares during the period. Dodge & Cox raised its holdings in Comcast by 19.1% in the 1st quarter. Dodge & Cox now owns 94,217,741 shares of the cable giant’s stock valued at $3,476,635,000 after acquiring an additional 15,115,074 shares during the last quarter. Charles Schwab Investment Management Inc. increased its stake in shares of Comcast by 7.5% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 36,154,170 shares of the cable giant’s stock valued at $1,289,984,000 after acquiring an additional 2,517,906 shares during the last quarter. First Eagle Investment Management LLC raised its stake in Comcast by 1.4% during the second quarter. First Eagle Investment Management LLC now owns 35,905,236 shares of the cable giant’s stock worth $1,281,458,000 after purchasing an additional 490,923 shares during the period. Finally, Nuveen LLC acquired a new position in shares of Comcast in the 1st quarter valued at $940,015,000. 84.32% of the stock is currently owned by hedge funds and other institutional investors.

Comcast Stock Up 0.6%

Shares of NASDAQ:CMCSA opened at $26.73 on Monday. The company’s fifty day moving average is $28.93 and its two-hundred day moving average is $32.33. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.88 and a current ratio of 0.88. Comcast Corporation has a 1-year low of $25.75 and a 1-year high of $43.45. The stock has a market capitalization of $97.38 billion, a price-to-earnings ratio of 4.45, a price-to-earnings-growth ratio of 1.83 and a beta of 0.83.

Comcast (NASDAQ:CMCSA) last announced its quarterly earnings data on Monday, March 13th. The cable giant reported $0.77 earnings per share for the quarter. The business had revenue of $30.34 billion during the quarter. Comcast had a net margin of 18.33% and a return on equity of 18.06%. Equities analysts anticipate that Comcast Corporation will post 4.33 EPS for the current year.

Comcast Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, February 4th. Stockholders of record on Wednesday, January 14th will be issued a dividend of $0.33 per share. The ex-dividend date of this dividend is Wednesday, January 14th. This represents a $1.32 annualized dividend and a dividend yield of 4.9%. Comcast’s payout ratio is 21.96%.

Analysts Set New Price Targets

A number of brokerages recently weighed in on CMCSA. UBS Group set a $34.00 price target on shares of Comcast in a research report on Friday, October 31st. Barclays decreased their target price on Comcast from $34.00 to $30.00 and set an “equal weight” rating for the company in a research report on Monday, November 3rd. Oppenheimer set a $38.00 target price on Comcast in a report on Tuesday, November 4th. Williams Trading set a $40.00 price target on Comcast in a report on Friday, October 31st. Finally, Sanford C. Bernstein dropped their price objective on shares of Comcast from $36.00 to $34.00 and set a “market perform” rating on the stock in a research note on Friday, October 31st. Eleven research analysts have rated the stock with a Buy rating, twenty-one have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, Comcast has an average rating of “Hold” and a consensus price target of $35.92.

Comcast 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.