Humankind Investments LLC Acquires 1,475 Shares of Comcast Co. (NASDAQ:CMCSA)

Humankind Investments LLC lifted its holdings in shares of Comcast Co. (NASDAQ:CMCSA) by 7.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,263 shares of the cable giant’s stock after purchasing an additional 1,475 shares during the period. Humankind Investments LLC’s holdings in Comcast were worth $976,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Greenwich Wealth Management LLC lifted its position in Comcast by 2.6% during the 4th quarter. Greenwich Wealth Management LLC now owns 8,492 shares of the cable giant’s stock valued at $372,000 after acquiring an additional 219 shares during the period. Legend Financial Advisors Inc. lifted its holdings in shares of Comcast by 17.5% during the fourth quarter. Legend Financial Advisors Inc. now owns 1,478 shares of the cable giant’s stock valued at $65,000 after purchasing an additional 220 shares during the last quarter. Beaumont Asset Management L.L.C. boosted its position in shares of Comcast by 1.6% in the 4th quarter. Beaumont Asset Management L.L.C. now owns 14,141 shares of the cable giant’s stock worth $620,000 after purchasing an additional 226 shares in the last quarter. Keystone Financial Services grew its stake in shares of Comcast by 1.1% in the 4th quarter. Keystone Financial Services now owns 20,432 shares of the cable giant’s stock worth $896,000 after buying an additional 229 shares during the last quarter. Finally, Bollard Group LLC raised its stake in Comcast by 0.7% during the fourth quarter. Bollard Group LLC now owns 36,996 shares of the cable giant’s stock valued at $1,622,000 after buying an additional 244 shares during the last quarter. Institutional investors and hedge funds own 84.32% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently commented on the stock. BNP Paribas reissued a “neutral” rating and set a $45.00 price objective on shares of Comcast in a research report on Tuesday, April 9th. Oppenheimer reissued an “outperform” rating and set a $55.00 price target on shares of Comcast in a research report on Wednesday, April 3rd. StockNews.com lowered shares of Comcast from a “strong-buy” rating to a “buy” rating in a report on Friday, March 22nd. Macquarie cut their target price on Comcast from $43.00 to $40.00 and set a “neutral” rating on the stock in a research note on Monday, May 13th. Finally, Deutsche Bank Aktiengesellschaft decreased their price target on Comcast from $55.00 to $53.00 in a research note on Friday, April 5th. Ten investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $49.33.

Insider Buying and Selling

In related news, major shareholder Corp Comcast sold 3,176,923 shares of the stock in a transaction dated Wednesday, May 22nd. The stock was sold at an average price of $3.19, for a total transaction of $10,134,384.37. Following the completion of the sale, the insider now owns 2,000,000 shares in the company, valued at $6,380,000. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 1.26% of the stock is currently owned by insiders.

Comcast Stock Performance

NASDAQ:CMCSA traded down $0.11 during mid-day trading on Friday, hitting $38.96. 16,049,255 shares of the company traded hands, compared to its average volume of 16,307,168. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 1.13. The stock’s fifty day moving average price is $39.42 and its 200-day moving average price is $41.82. The firm has a market cap of $152.86 billion, a price-to-earnings ratio of 10.31, a price-to-earnings-growth ratio of 0.97 and a beta of 1.00. Comcast Co. has a one year low of $36.43 and a one year high of $47.46.

Comcast (NASDAQ:CMCSA) last announced its quarterly earnings data on Thursday, April 25th. The cable giant reported $1.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.98 by $0.06. Comcast had a return on equity of 20.10% and a net margin of 12.64%. The company had revenue of $30.06 billion during the quarter, compared to the consensus estimate of $29.83 billion. During the same period in the previous year, the company posted $0.92 EPS. The firm’s revenue was up 1.2% on a year-over-year basis. Research analysts anticipate that Comcast Co. will post 4.21 earnings per share for the current fiscal year.

Comcast Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 24th. Investors of record on Wednesday, July 3rd will be paid a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a dividend yield of 3.18%. The ex-dividend date of this dividend is Wednesday, July 3rd. Comcast’s dividend payout ratio (DPR) is 32.80%.

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.