Comcast Corporation $CMCSA Stock Holdings Lifted by Skandinaviska Enskilda Banken AB publ

Skandinaviska Enskilda Banken AB publ lifted its holdings in shares of Comcast Corporation (NASDAQ:CMCSA) by 30.5% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,277,877 shares of the cable giant’s stock after buying an additional 298,572 shares during the period. Skandinaviska Enskilda Banken AB publ’s holdings in Comcast were worth $45,584,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of CMCSA. QRG Capital Management Inc. increased its holdings in shares of Comcast by 13.0% in the 2nd quarter. QRG Capital Management Inc. now owns 724,760 shares of the cable giant’s stock worth $25,867,000 after acquiring an additional 83,631 shares during the period. Vanguard Group Inc. boosted its stake in Comcast by 0.3% during the 2nd 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. Aberdeen Group plc grew its position in Comcast by 5.4% in the 2nd quarter. Aberdeen Group plc now owns 2,889,947 shares of the cable giant’s stock worth $103,142,000 after purchasing an additional 147,231 shares during the last quarter. Penserra Capital Management LLC increased its stake in shares of Comcast by 20.0% in the second quarter. Penserra Capital Management LLC now owns 82,089 shares of the cable giant’s stock valued at $2,928,000 after purchasing an additional 13,653 shares during the period. Finally, Resona Asset Management Co. Ltd. raised its holdings in shares of Comcast by 10.2% during the first quarter. Resona Asset Management Co. Ltd. now owns 1,282,073 shares of the cable giant’s stock valued at $47,254,000 after buying an additional 118,839 shares during the last quarter. Institutional investors own 84.32% of the company’s stock.

Analysts Set New Price Targets

CMCSA has been the subject of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft decreased their price objective on Comcast from $44.00 to $40.00 and set a “buy” rating for the company in a report on Monday, November 3rd. The Goldman Sachs Group reissued a “neutral” rating and issued a $30.00 price target (down previously from $39.00) on shares of Comcast in a research note on Friday, October 31st. Evercore ISI reduced their price objective on shares of Comcast from $40.00 to $35.00 and set an “outperform” rating for the company in a report on Friday, October 31st. Zacks Research lowered shares of Comcast from a “hold” rating to a “strong sell” rating in a research report on Monday, November 10th. Finally, Moffett Nathanson reduced their price target on shares of Comcast from $58.00 to $53.00 and set a “buy” rating for the company in a research note on Thursday, November 13th. Eleven equities research analysts have rated the stock with a Buy rating, twenty-one have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $35.92.

Comcast Trading Down 0.4%

Comcast stock opened at $26.57 on Friday. Comcast Corporation has a 52 week low of $25.75 and a 52 week high of $43.45. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.88 and a current ratio of 0.88. The firm has a market capitalization of $96.82 billion, a price-to-earnings ratio of 4.42, a P/E/G ratio of 1.82 and a beta of 0.92. The company has a 50 day moving average price of $29.03 and a 200 day moving average price of $32.42.

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

Comcast Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, February 4th. Shareholders of record on Wednesday, January 14th will be given a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a yield of 5.0%. The ex-dividend date of this dividend is Wednesday, January 14th. Comcast’s dividend payout ratio is presently 21.96%.

Comcast Company 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.