Brown Advisory Securities LLC increased its position in Comcast Corporation (NASDAQ:CMCSA) by 107.8% during the first quarter, Holdings Channel reports. The firm owned 12,542 shares of the cable giant’s stock after buying an additional 6,505 shares during the period. Brown Advisory Securities LLC’s holdings in Comcast Corporation were worth $473,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of CMCSA. Patriot Financial Group Insurance Agency LLC increased its position in shares of Comcast Corporation by 100.0% in the first quarter. Patriot Financial Group Insurance Agency LLC now owns 2,680 shares of the cable giant’s stock worth $100,000 after buying an additional 1,340 shares during the period. OLD Second National Bank of Aurora increased its position in shares of Comcast Corporation by 56.5% in the first quarter. OLD Second National Bank of Aurora now owns 2,696 shares of the cable giant’s stock worth $101,000 after buying an additional 973 shares during the period. Orrstown Financial Services Inc. increased its position in shares of Comcast Corporation by 159.3% in the first quarter. Orrstown Financial Services Inc. now owns 2,860 shares of the cable giant’s stock worth $108,000 after buying an additional 1,757 shares during the period. CT Financial Advisors LLC increased its position in shares of Comcast Corporation by 109.4% in the first quarter. CT Financial Advisors LLC now owns 2,894 shares of the cable giant’s stock worth $109,000 after buying an additional 1,512 shares during the period. Finally, Adirondack Trust Co. increased its position in shares of Comcast Corporation by 100.0% in the first quarter. Adirondack Trust Co. now owns 2,900 shares of the cable giant’s stock worth $109,000 after buying an additional 1,450 shares during the period. Institutional investors own 82.32% of the company’s stock.

Comcast Corporation (NASDAQ CMCSA) traded up 0.93% on Friday, hitting $41.11. The stock had a trading volume of 16,735,288 shares. Comcast Corporation has a 1-year low of $30.02 and a 1-year high of $42.18. The company has a market cap of $193.77 billion, a P/E ratio of 20.71 and a beta of 1.01. The stock has a 50 day moving average price of $39.47 and a 200 day moving average price of $38.77.

Comcast Corporation (NASDAQ:CMCSA) last posted its quarterly earnings results on Thursday, July 27th. The cable giant reported $0.52 earnings per share for the quarter, topping the consensus estimate of $0.48 by $0.04. The company had revenue of $21.17 billion for the quarter, compared to the consensus estimate of $20.85 billion. Comcast Corporation had a return on equity of 16.80% and a net margin of 11.45%. The firm’s quarterly revenue was up 9.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.83 EPS. On average, equities research analysts expect that Comcast Corporation will post $2.04 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 25th. Investors of record on Wednesday, October 4th will be paid a $0.1575 dividend. The ex-dividend date of this dividend is Tuesday, October 3rd. This represents a $0.63 annualized dividend and a dividend yield of 1.53%. Comcast Corporation’s payout ratio is currently 31.74%.

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Several equities research analysts recently commented on the company. Argus raised their target price on Comcast Corporation from $44.00 to $48.00 and gave the stock a “buy” rating in a research note on Friday, August 4th. Instinet reaffirmed a “buy” rating and set a $46.00 target price on shares of Comcast Corporation in a research note on Wednesday, June 28th. Barclays PLC set a $44.00 target price on Comcast Corporation and gave the stock a “buy” rating in a research note on Friday, July 14th. Wells Fargo & Company reaffirmed an “outperform” rating and set a $44.00 target price on shares of Comcast Corporation in a research note on Wednesday, June 28th. Finally, Jefferies Group LLC reaffirmed a “buy” rating and set a $47.00 target price (up previously from $43.00) on shares of Comcast Corporation in a research note on Saturday, April 29th. Two equities research analysts have rated the stock with a hold rating and twenty-four have given a buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of $45.69.

In other Comcast Corporation news, SVP Daniel C. Murdock sold 3,659 shares of the stock in a transaction on Monday, August 7th. The stock was sold at an average price of $39.61, for a total transaction of $144,932.99. Following the sale, the senior vice president now directly owns 725 shares in the company, valued at approximately $28,717.25. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Kenneth J. Bacon sold 7,500 shares of the stock in a transaction on Thursday, May 25th. The shares were sold at an average price of $40.50, for a total value of $303,750.00. Following the sale, the director now owns 26,812 shares in the company, valued at $1,085,886. The disclosure for this sale can be found here. Corporate insiders own 1.28% of the company’s stock.

Comcast Corporation Company Profile

Comcast Corporation is a media and technology company. The Company has two primary businesses: Comcast Cable and NBCUniversal. Its Comcast Cable business operates in the Cable Communications segment. Its NBCUniversal business operates in four business segments: Cable Networks, Broadcast Television, Filmed Entertainment and Theme Parks.

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Institutional Ownership by Quarter for Comcast Corporation (NASDAQ:CMCSA)

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