Two Sigma Securities LLC raised its stake in Comcast Corporation (NASDAQ:CMCSA) by 342.4% during the first quarter, Holdings Channel reports. The firm owned 21,684 shares of the cable giant’s stock after buying an additional 16,782 shares during the period. Two Sigma Securities LLC’s holdings in Comcast Corporation were worth $815,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of CMCSA. Patriot Financial Group Insurance Agency LLC raised its position in shares of Comcast Corporation by 100.0% in the first quarter. Patriot Financial Group Insurance Agency LLC now owns 2,680 shares of the cable giant’s stock valued at $100,000 after buying an additional 1,340 shares during the period. OLD Second National Bank of Aurora raised its position in shares of Comcast Corporation by 56.5% in the first quarter. OLD Second National Bank of Aurora now owns 2,696 shares of the cable giant’s stock valued at $101,000 after buying an additional 973 shares during the period. Orrstown Financial Services Inc. raised its position in shares of Comcast Corporation by 159.3% in the first quarter. Orrstown Financial Services Inc. now owns 2,860 shares of the cable giant’s stock valued at $108,000 after buying an additional 1,757 shares during the period. CT Financial Advisors LLC raised its position in shares of Comcast Corporation by 109.4% in the first quarter. CT Financial Advisors LLC now owns 2,894 shares of the cable giant’s stock valued at $109,000 after buying an additional 1,512 shares during the period. Finally, Adirondack Trust Co. raised its position in shares of Comcast Corporation by 100.0% in the first quarter. Adirondack Trust Co. now owns 2,900 shares of the cable giant’s stock valued at $109,000 after buying an additional 1,450 shares during the period. Institutional investors and hedge funds own 82.32% of the company’s stock.

Shares of Comcast Corporation (CMCSA) traded up 0.93% during mid-day trading on Friday, hitting $41.11. The stock had a trading volume of 16,735,288 shares. The stock has a market cap of $193.77 billion, a P/E ratio of 20.71 and a beta of 1.01. Comcast Corporation has a 52 week low of $30.02 and a 52 week high of $42.18. The stock has a 50-day moving average price of $39.47 and a 200 day moving average price of $38.77.

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

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 25th. Shareholders of record on Wednesday, October 4th will be given a dividend of $0.1575 per share. This represents a $0.63 dividend on an annualized basis and a yield of 1.53%. The ex-dividend date is Tuesday, October 3rd. Comcast Corporation’s dividend payout ratio is 31.74%.

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Several research analysts recently weighed in on CMCSA shares. Telsey Advisory Group increased their target price on Comcast Corporation from $44.00 to $47.00 and gave the stock an “outperform” rating in a research report on Friday, April 28th. Credit Suisse Group increased their target price on Comcast Corporation from $41.00 to $45.00 and gave the stock an “outperform” rating in a research report on Friday, May 5th. Barclays PLC set a $44.00 target price on Comcast Corporation and gave the stock a “buy” rating in a research report on Friday, July 14th. Instinet reaffirmed a “buy” rating and issued a $43.00 target price (down from $46.00) on shares of Comcast Corporation in a research report on Saturday, April 29th. Finally, Pivotal Research reaffirmed a “buy” rating and issued a $48.00 target price on shares of Comcast Corporation in a research report on Tuesday, June 27th. Two research analysts have rated the stock with a hold rating and twenty-four have issued a buy rating to the company. The company has an average rating of “Buy” and a consensus price target of $45.69.

In other Comcast Corporation news, Director Kenneth J. Bacon sold 7,500 shares of the business’s stock in a transaction on Thursday, May 25th. The shares were sold at an average price of $40.50, for a total transaction of $303,750.00. Following the completion of the transaction, the director now owns 26,812 shares of the company’s stock, valued at approximately $1,085,886. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Daniel C. Murdock sold 3,659 shares of the business’s stock in a transaction on Monday, August 7th. The stock was sold at an average price of $39.61, for a total transaction of $144,932.99. Following the transaction, the senior vice president now directly owns 725 shares of the company’s stock, valued at approximately $28,717.25. The disclosure for this sale can be found here. 1.28% of the stock is owned by insiders.

About Comcast Corporation

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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