Comcast (NASDAQ:CMCSA) had its target price hoisted by Morgan Stanley from $44.00 to $50.00 in a research report report published on Tuesday, The Fly reports. Morgan Stanley currently has an outperform rating on the cable giant’s stock.

Several other analysts also recently weighed in on the stock. Evercore ISI reiterated an outperform rating and issued a $48.00 target price (up previously from $44.00) on shares of Comcast in a report on Tuesday. Buckingham Research raised their price target on shares of Comcast from $48.00 to $50.00 and gave the company a buy rating in a research report on Monday, January 8th. Pivotal Research reissued a buy rating and issued a $50.00 price target on shares of Comcast in a research report on Tuesday, December 19th. Macquarie reissued a buy rating and issued a $40.00 price target on shares of Comcast in a research report on Thursday, December 7th. Finally, BidaskClub raised shares of Comcast from a strong sell rating to a sell rating in a research report on Tuesday, December 5th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and twenty-seven have issued a buy rating to the company. The stock presently has a consensus rating of Buy and an average price target of $46.15.

Shares of Comcast (CMCSA) opened at $42.44 on Tuesday. Comcast has a 1-year low of $34.78 and a 1-year high of $42.71. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.74 and a quick ratio of 0.74. The firm has a market cap of $198,350.00, a P/E ratio of 20.02, a P/E/G ratio of 1.88 and a beta of 1.00.

Comcast (NASDAQ:CMCSA) last posted its earnings results on Thursday, October 26th. The cable giant reported $0.52 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.49 by $0.03. Comcast had a net margin of 11.99% and a return on equity of 17.17%. The firm had revenue of $20.98 billion during the quarter, compared to the consensus estimate of $21.05 billion. During the same quarter last year, the firm earned $0.92 EPS. The firm’s revenue for the quarter was down 1.6% on a year-over-year basis. equities analysts expect that Comcast will post 2.05 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 24th. Stockholders of record on Wednesday, January 3rd will be given a dividend of $0.157 per share. The ex-dividend date is Tuesday, January 2nd. This represents a $0.63 annualized dividend and a dividend yield of 1.48%. Comcast’s dividend payout ratio (DPR) is currently 29.72%.

In related news, EVP Arthur R. Block sold 3,937 shares of the business’s stock in a transaction on Wednesday, December 27th. The shares were sold at an average price of $40.62, for a total value of $159,920.94. Following the completion of the sale, the executive vice president now directly owns 65,946 shares of the company’s stock, valued at $2,678,726.52. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Chairman Brian L. Roberts sold 583,835 shares of the business’s stock in a transaction on Thursday, December 14th. The shares were sold at an average price of $38.67, for a total transaction of $22,576,899.45. Following the completion of the sale, the chairman now directly owns 1,711,798 shares of the company’s stock, valued at $66,195,228.66. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 593,402 shares of company stock valued at $22,961,401. Corporate insiders own 1.28% of the company’s stock.

A number of institutional investors and hedge funds have recently made changes to their positions in CMCSA. Flagship Harbor Advisors LLC increased its stake in Comcast by 162.5% in the first quarter. Flagship Harbor Advisors LLC now owns 18,413 shares of the cable giant’s stock valued at $685,000 after purchasing an additional 11,399 shares during the period. Kovitz Investment Group Partners LLC increased its stake in Comcast by 96.8% in the first quarter. Kovitz Investment Group Partners LLC now owns 6,244 shares of the cable giant’s stock valued at $235,000 after purchasing an additional 3,072 shares during the period. Horizon Investment Services LLC increased its stake in Comcast by 88.2% in the first quarter. Horizon Investment Services LLC now owns 170,311 shares of the cable giant’s stock valued at $6,402,000 after purchasing an additional 79,826 shares during the period. Notis McConarty Edward increased its stake in Comcast by 86.7% in the first quarter. Notis McConarty Edward now owns 23,900 shares of the cable giant’s stock valued at $898,000 after purchasing an additional 11,100 shares during the period. Finally, Driehaus Capital Management LLC acquired a new position in Comcast in the first quarter valued at $253,000. 82.13% of the stock is owned by hedge funds and other institutional investors.

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About Comcast

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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