Comcast Corporation (NASDAQ:CMCSA). Union Bankshares Corp now owns 8,743 shares of the cable giant's stock valued at $340,000 after acquiring an additional 101 shares during the last quarter. Comcast Corporation accounts for 0.6% of Schwab Charles Investment Management Inc.'s investment portfolio, making the stock its 29th biggest position. Penobscot Investment Management Communications holds 1.23% or 98,387 shares in its portfolio. New's holdings in Comcast Corporation were worth $7,223,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also made changes to their positions in the stock. WINTON GROUP Ltd now owns 219,526 shares of the cable giant's stock valued at $14,563,000 after buying an additional 186,920 shares during the period. The firm owned 1,769,212 shares of the cable giant's stock after selling 1,285,200 shares during the quarter. Finally, Summit Financial Group Inc. purchased a new stake in shares of Comcast Corporation in the 2nd quarter worth about $412,000. CAPROCK Group Inc. increased its stake in Comcast by 109.5% in the first quarter. Tower Bridge Advisors now owns 142,129 shares of the cable giant's stock valued at $5,532,000 after buying an additional 13,003 shares during the period. Sabal Trust CO lifted its stake in Comcast Corporation by 0.6% in the second quarter. Addenda Capital Inc. now holds 88,548 shares worth $3,408,000. Robert W. Baird maintained Comcast Corporation (NASDAQ:CMCSA) on Wednesday, October 4 with "Buy" rating.
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Comcast Corporation (NASDAQ:CMCSA) opened at 37.69 on Wednesday.
Comcast Corporation has a 50 day moving average of 38.77 and a 200 day moving average of 39.26.
Comcast Co. has a 12 month low of $30.02 and a 12 month high of $40.62.
Comcast Corporation (NASDAQ:CMCSA) last announced its quarterly earnings results on Thursday, July 27th. The cable giant reported $0.52 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.48 by $0.04. The firm had revenue of $21.17 billion for the quarter, compared to analysts' expectations of $20.85 billion. Comcast Corporation had a net margin of 11.45% and a return on equity of 16.80%. The firm's quarterly revenue was up 8.9% on a year-over-year basis. During the same period in the prior year, the business posted $0.83 earnings per share.
The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 25th. The stock decreased 26.67% or $0.004 on October 11, reaching $0.011. This represents a $0.63 annualized dividend and a dividend yield of 1.67%. As per Tuesday, October 11, the company rating was initiated by Wedbush. Comcast Corporation's dividend payout ratio (DPR) is presently 31.74%.
A number of equities research analysts have issued reports on CMCSA shares. Wells Fargo & Company reaffirmed an "outperform" rating and issued a $44.00 target price on shares of Comcast Corporation in a research report on Wednesday, June 28th. Telsey Advisory Group maintained Comcast Corporation (NASDAQ:CMCSA) rating on Friday, August 19. Pivotal Research maintained the shares of CMCSA in report on Tuesday, September 27 with "Buy" rating. On Wednesday, July 5 the stock rating was maintained by Macquarie Research with "Buy". Comcast Corporation has an average rating of "Buy" and a consensus target price of $45.83. Three analysts have rated the stock with a hold rating and twenty-four have issued a buy rating to the stock. Argus Research maintained Comcast Corporation (NASDAQ:CMCSA) on Friday, August 4 with "Buy" rating. Moreover, Smead Mgmt has 3.12% invested in Comcast Corporation (NASDAQ:CMCSA) for 1.66 million shares. The stock was sold at an average price of $38.99, for a total value of $10,074,236.20. Following the sale, the executive vice president now directly owns 68,478 shares in the company, valued at $2,626,816.08. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.
In related news, Director Kenneth J. Bacon sold 2,232 shares of the stock in a transaction that occurred on Friday, September 15th. The shares were sold at an average price of $37.27, for a total transaction of $83,186.64. The disclosure for this sale can be found here. The stock has performed -1.59% over the last seven days, -0.37% over the last thirty, and -3.41% over the last three months. About shares traded. iShares S&P Citigroup 1-3 Year Int Trsry (NASDAQ:ISHG) has declined 1.59% since October 12, 2016 and is downtrending.