Hills Bank & Trust Co. reduced its stake in Comcast Corporation (NASDAQ:CMCSA) by 0.6% in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 19,618 shares of the cable giant’s stock after selling 110 shares during the quarter. Hills Bank & Trust Co.’s holdings in Comcast Corporation were worth $764,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of CMCSA. United States Steel & Carnegie Pension Fund increased its position in Comcast Corporation by 100.0% in the 1st quarter. United States Steel & Carnegie Pension Fund now owns 1,126,216 shares of the cable giant’s stock worth $42,334,000 after buying an additional 563,108 shares during the period. Van Cleef Asset Management Inc increased its position in Comcast Corporation by 100.0% in the 1st quarter. Van Cleef Asset Management Inc now owns 12,170 shares of the cable giant’s stock worth $457,000 after buying an additional 6,085 shares during the period. Mn Services Vermogensbeheer B.V. increased its position in Comcast Corporation by 103.8% in the 1st quarter. Mn Services Vermogensbeheer B.V. now owns 127,266 shares of the cable giant’s stock worth $4,473,000 after buying an additional 64,810 shares during the period. Baxter Bros Inc. increased its position in Comcast Corporation by 97.5% in the 1st quarter. Baxter Bros Inc. now owns 361,785 shares of the cable giant’s stock worth $13,600,000 after buying an additional 178,575 shares during the period. Finally, Guinness Atkinson Asset Management Inc increased its position in Comcast Corporation by 100.0% in the 1st quarter. Guinness Atkinson Asset Management Inc now owns 149,660 shares of the cable giant’s stock worth $5,626,000 after buying an additional 74,830 shares during the period. Hedge funds and other institutional investors own 81.93% of the company’s stock.

Several research analysts have commented on CMCSA shares. ValuEngine raised Comcast Corporation from a “hold” rating to a “buy” rating in a research report on Thursday, July 13th. TD Securities started coverage on Comcast Corporation in a research report on Thursday, July 13th. They issued a “buy” rating and a $51.00 price target on the stock. Royal Bank Of Canada reaffirmed a “buy” rating and issued a $45.00 price target on shares of Comcast Corporation in a research report on Sunday, July 9th. Jefferies Group LLC reaffirmed a “buy” rating and issued a $47.00 price target on shares of Comcast Corporation in a research report on Friday, July 7th. Finally, Instinet reaffirmed a “buy” rating and issued a $46.00 price target on shares of Comcast Corporation in a research report on Wednesday, June 28th. Three analysts have rated the stock with a hold rating and twenty-four have given a buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of $45.83.

Shares of Comcast Corporation (CMCSA) traded up 1.68% during mid-day trading on Friday, reaching $38.10. The company’s stock had a trading volume of 21,749,229 shares. The firm has a market cap of $179.58 billion, a price-to-earnings ratio of 19.19 and a beta of 1.01. The firm has a 50 day moving average price of $39.84 and a 200 day moving average price of $39.19. Comcast Corporation has a 52-week low of $30.02 and a 52-week high of $42.18.

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

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 25th. Shareholders of record on Wednesday, October 4th will be paid a dividend of $0.1575 per share. The ex-dividend date of this dividend is Tuesday, October 3rd. This represents a $0.63 dividend on an annualized basis and a yield of 1.65%. Comcast Corporation’s dividend payout ratio (DPR) is presently 31.74%.

In other news, SVP Daniel C. Murdock sold 3,659 shares of Comcast Corporation stock in a transaction on Monday, August 7th. The stock was sold at an average price of $39.61, for a total value of $144,932.99. Following the transaction, the senior vice president now owns 725 shares in the company, valued at approximately $28,717.25. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Kenneth J. Bacon sold 2,232 shares of Comcast Corporation stock in a transaction on Friday, September 15th. The shares were sold at an average price of $37.27, for a total value of $83,186.64. Following the completion of the transaction, the director now owns 24,580 shares in the company, valued at approximately $916,096.60. The disclosure for this sale can be found here. 1.28% of the stock is owned by company insiders.

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Comcast Corporation 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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