Comcast Co. (NASDAQ:CMCSA) Stock Position Raised by Ellevest Inc.

Ellevest Inc. lifted its position in Comcast Co. (NASDAQ:CMCSA) by 8.5% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 20,661 shares of the cable giant’s stock after buying an additional 1,619 shares during the quarter. Ellevest Inc.’s holdings in Comcast were worth $775,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Promus Capital LLC bought a new stake in Comcast during the fourth quarter worth approximately $25,000. Winch Advisory Services LLC grew its stake in Comcast by 269.9% in the 4th quarter. Winch Advisory Services LLC now owns 688 shares of the cable giant’s stock valued at $26,000 after buying an additional 502 shares during the last quarter. Roxbury Financial LLC bought a new position in Comcast in the 4th quarter worth $27,000. Wingate Wealth Advisors Inc. acquired a new position in Comcast during the 4th quarter worth $28,000. Finally, Marshall & Sterling Wealth Advisors Inc. bought a new stake in Comcast during the fourth quarter valued at about $36,000. Institutional investors and hedge funds own 84.32% of the company’s stock.

Comcast Trading Up 0.1 %

CMCSA stock opened at $34.25 on Friday. The business has a fifty day moving average price of $35.01 and a 200 day moving average price of $37.56. The company has a debt-to-equity ratio of 1.09, a current ratio of 0.68 and a quick ratio of 0.68. Comcast Co. has a fifty-two week low of $31.44 and a fifty-two week high of $45.31. The stock has a market capitalization of $127.88 billion, a price-to-earnings ratio of 8.25, a P/E/G ratio of 1.78 and a beta of 0.97.

Comcast (NASDAQ:CMCSA) last announced its earnings results on Thursday, April 24th. The cable giant reported $1.09 earnings per share for the quarter, beating analysts’ consensus estimates of $1.01 by $0.08. The company had revenue of $29.89 billion during the quarter, compared to analyst estimates of $29.82 billion. Comcast had a return on equity of 19.98% and a net margin of 13.09%. The firm’s quarterly revenue was down .6% compared to the same quarter last year. During the same period last year, the company posted $1.04 earnings per share. Analysts expect that Comcast Co. will post 4.33 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

CMCSA has been the subject of several recent analyst reports. Scotiabank restated a “sector perform” rating and set a $44.50 target price (down previously from $45.00) on shares of Comcast in a research note on Friday, April 25th. KeyCorp dropped their target price on shares of Comcast from $47.00 to $45.00 and set an “overweight” rating on the stock in a research report on Monday, April 14th. Rosenblatt Securities reissued a “neutral” rating and issued a $36.00 price target on shares of Comcast in a report on Monday, April 28th. Benchmark dropped their price objective on shares of Comcast from $57.00 to $55.00 and set a “buy” rating on the stock in a report on Friday, January 31st. Finally, Barclays decreased their target price on Comcast from $37.00 to $35.00 and set an “equal weight” rating on the stock in a research report on Monday, April 28th. Two equities research analysts have rated the stock with a sell rating, nine have given a hold rating, nine have assigned a buy rating and three have given a strong buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $42.10.

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.