Comcast Corporation $CMCSA Shares Bought by Radnor Capital Management LLC

Radnor Capital Management LLC increased its holdings in Comcast Corporation (NASDAQ:CMCSA) by 0.7% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 115,887 shares of the cable giant’s stock after purchasing an additional 850 shares during the quarter. Radnor Capital Management LLC’s holdings in Comcast were worth $4,136,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Inlight Wealth Management LLC acquired a new position in Comcast in the 1st quarter worth about $26,000. Abound Financial LLC acquired a new position in shares of Comcast during the first quarter valued at approximately $29,000. Ransom Advisory Ltd acquired a new position in shares of Comcast during the first quarter valued at approximately $29,000. Retirement Wealth Solutions LLC raised its holdings in shares of Comcast by 126.9% during the first quarter. Retirement Wealth Solutions LLC now owns 801 shares of the cable giant’s stock valued at $30,000 after acquiring an additional 448 shares during the last quarter. Finally, Mpwm Advisory Solutions LLC acquired a new position in shares of Comcast during the fourth quarter valued at approximately $33,000. Institutional investors and hedge funds own 84.32% of the company’s stock.

Analyst Upgrades and Downgrades

CMCSA has been the subject of a number of research analyst reports. Royal Bank Of Canada initiated coverage on Comcast in a report on Monday, September 8th. They set a “sector perform” rating and a $38.00 target price for the company. Benchmark reissued a “buy” rating on shares of Comcast in a report on Friday, July 18th. UBS Group reduced their target price on Comcast from $40.00 to $36.00 and set a “neutral” rating for the company in a report on Friday, August 1st. Moffett Nathanson increased their target price on Comcast from $56.00 to $58.00 and gave the company a “buy” rating in a report on Thursday, June 12th. Finally, Rothschild & Co Redburn dropped their price target on Comcast from $44.00 to $35.00 in a research report on Friday, June 20th. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, thirteen have given a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, Comcast has an average rating of “Hold” and a consensus price target of $40.56.

Comcast Trading Down 1.0%

NASDAQ:CMCSA opened at $32.29 on Wednesday. The firm has a market cap of $119.22 billion, a PE ratio of 5.34, a price-to-earnings-growth ratio of 1.95 and a beta of 0.93. The stock has a fifty day moving average price of $33.66 and a 200 day moving average price of $34.55. Comcast Corporation has a 12-month low of $31.03 and a 12-month high of $45.31. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.99.

Comcast (NASDAQ:CMCSA) last released its earnings results on Thursday, July 31st. The cable giant reported $1.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.18 by $0.07. The firm had revenue of $30.31 billion during the quarter, compared to analyst estimates of $29.81 billion. Comcast had a return on equity of 18.86% and a net margin of 18.44%.Comcast’s revenue was up 2.1% compared to the same quarter last year. During the same period last year, the business posted $1.21 earnings per share. Sell-side analysts anticipate that Comcast Corporation will post 4.33 earnings per share for the current fiscal year.

Comcast Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 22nd. Investors of record on Wednesday, October 1st will be issued a $0.33 dividend. The ex-dividend date is Wednesday, October 1st. This represents a $1.32 dividend on an annualized basis and a yield of 4.1%. Comcast’s dividend payout ratio (DPR) is 21.82%.

About Comcast

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.