Traders sold shares of Comcast Corp. (NASDAQ:CMCSA) on strength during trading hours on Thursday. $43.88 million flowed into the stock on the tick-up and $89.58 million flowed out of the stock on the tick-down, for a money net flow of $45.70 million out of the stock. Of all equities tracked, Comcast Corp. had the 0th highest net out-flow for the day. Comcast Corp. traded up $0.34 for the day and closed at $67.18

A number of equities research analysts recently weighed in on the company. Royal Bank Of Canada upped their price objective on Comcast Corp. from $70.00 to $72.00 and gave the stock an “outperform” rating in a research note on Thursday, July 28th. Jefferies Group increased their price target on Comcast Corp. from $72.00 to $77.00 and gave the company a “buy” rating in a research note on Thursday, July 28th. Pacific Crest increased their price target on Comcast Corp. from $65.00 to $74.00 and gave the company an “overweight” rating in a research note on Thursday, July 28th. Pivotal Research reiterated a “buy” rating on shares of Comcast Corp. in a research note on Thursday, July 28th. Finally, RBC Capital Markets reiterated an “outperform” rating and issued a $72.00 price target (up from $70.00) on shares of Comcast Corp. in a research note on Thursday, July 28th. One research analyst has rated the stock with a sell rating, three have issued a hold rating, twenty have assigned a buy rating and one has issued a strong buy rating to the company. The company has an average rating of “Buy” and an average price target of $71.11.

The firm’s 50-day moving average is $65.78 and its 200-day moving average is $61.44. The stock has a market cap of $162.53 billion and a price-to-earnings ratio of 20.49.

Comcast Corp. (NASDAQ:CMCSA) last posted its quarterly earnings data on Wednesday, July 27th. The cable giant reported $0.83 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.81 by $0.02. The company had revenue of $18.74 billion for the quarter, compared to analysts’ expectations of $19.11 billion. During the same period in the prior year, the company earned $0.84 earnings per share. The firm’s revenue was up 2.8% on a year-over-year basis. Analysts expect that Comcast Corp. will post $3.51 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 26th. Shareholders of record on Wednesday, October 5th will be paid a dividend of $0.275 per share. This represents a $1.10 annualized dividend and a yield of 1.63%. The ex-dividend date is Monday, October 3rd.

In other Comcast Corp. news, Chairman Brian L. Roberts sold 304,109 shares of the business’s stock in a transaction that occurred on Friday, July 29th. The stock was sold at an average price of $67.26, for a total transaction of $20,454,371.34. Following the transaction, the chairman now owns 630,596 shares in the company, valued at approximately $42,413,886.96. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Stephen B. Burke sold 75,000 shares of the business’s stock in a transaction that occurred on Thursday, May 12th. The stock was sold at an average price of $62.05, for a total value of $4,653,750.00. Following the transaction, the executive vice president now owns 510,737 shares in the company, valued at approximately $31,691,230.85. The disclosure for this sale can be found here.

Several large investors have recently added to or reduced their stakes in the company. Garcia Hamilton & Associates LP DE boosted its stake in Comcast Corp. by 1.7% in the fourth quarter. Garcia Hamilton & Associates LP DE now owns 54,360 shares of the cable giant’s stock worth $3,068,000 after buying an additional 900 shares in the last quarter. Baxter Bros Inc. boosted its stake in Comcast Corp. by 2,030.6% in the fourth quarter. Baxter Bros Inc. now owns 190,155 shares of the cable giant’s stock worth $10,730,000 after buying an additional 181,230 shares in the last quarter. Mizuho Trust & Banking Co. Ltd. boosted its stake in Comcast Corp. by 20.0% in the fourth quarter. Mizuho Trust & Banking Co. Ltd. now owns 3,801,735 shares of the cable giant’s stock worth $215,596,000 after buying an additional 632,862 shares in the last quarter. Moors & Cabot Inc. boosted its stake in Comcast Corp. by 3.0% in the fourth quarter. Moors & Cabot Inc. now owns 28,112 shares of the cable giant’s stock worth $1,586,000 after buying an additional 811 shares in the last quarter. Finally, Private Advisor Group LLC boosted its stake in Comcast Corp. by 28.9% in the fourth quarter. Private Advisor Group LLC now owns 53,521 shares of the cable giant’s stock worth $3,020,000 after buying an additional 11,999 shares in the last quarter.

Comcast Corporation is a media and technology company. The Company’s primary businesses include Comcast Cable and NBCUniversal. Its Comcast Cable business operates in Cable Communications segment. Its NBCUniversal business consists of four segments, which include Cable Networks, Broadcast Television, Filmed Entertainment and Theme Parks.

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