Comcast Corp. (NASDAQ:CMCSA) traded down 1.4% during mid-day trading on Tuesday . The stock traded as low as $65.49 and last traded at $65.50, with a volume of 4,806,010 shares. The stock had previously closed at $66.44.

Several equities research analysts recently issued reports on the stock. Oppenheimer Holdings Inc. reissued a “buy” rating and issued a $70.00 target price on shares of Comcast Corp. in a research report on Monday, July 11th. Telsey Advisory Group raised their target price on shares of Comcast Corp. from $75.00 to $76.50 and gave the stock an “outperform” rating in a research report on Friday. Credit Suisse Group AG reissued an “outperform” rating and issued a $63.00 target price on shares of Comcast Corp. in a research report on Wednesday, June 1st. Barclays PLC reissued an “overweight” rating and issued a $69.00 target price (up from $65.00) on shares of Comcast Corp. in a research report on Sunday, July 10th. Finally, Pivotal Research raised their target price on shares of Comcast Corp. from $74.00 to $75.00 and gave the stock a “buy” rating in a research report on Thursday, July 7th. One investment analyst has rated the stock with a sell rating, three have given a hold rating, twenty have given a buy rating and one has assigned a strong buy rating to the stock. Comcast Corp. currently has a consensus rating of “Buy” and an average target price of $71.68.

The stock’s 50-day moving average is $67.02 and its 200 day moving average is $62.53. The stock has a market capitalization of $158.36 billion and a P/E ratio of 19.96.

Comcast Corp. (NASDAQ:CMCSA) last announced its earnings results on Wednesday, July 27th. The cable giant reported $0.83 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.81 by $0.02. The company had revenue of $18.74 billion for the quarter, compared to the consensus estimate of $19.11 billion. During the same period in the previous year, the company earned $0.84 EPS. The firm’s revenue for the quarter was up 2.8% compared to the same quarter last year. On average, analysts expect that Comcast Corp. will post $3.51 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 26th. Shareholders of record on Wednesday, October 5th will be given a dividend of $0.275 per share. The ex-dividend date is Monday, October 3rd. This represents a $1.10 dividend on an annualized basis and a yield of 1.68%.

In other news, Chairman Brian L. Roberts sold 304,109 shares of the stock in a transaction that occurred on Friday, July 29th. The stock was sold at an average price of $67.26, for a total value of $20,454,371.34. Following the completion of the sale, the chairman now directly owns 630,596 shares of the company’s stock, valued at $42,413,886.96. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Kenneth J. Bacon sold 2,500 shares of the stock in a transaction that occurred on Thursday, June 16th. The shares were sold at an average price of $62.82, for a total value of $157,050.00. Following the completion of the sale, the director now directly owns 14,100 shares of the company’s stock, valued at $885,762. The disclosure for this sale can be found here.

Several hedge funds and institutional investors have recently modified their holdings of the stock. Whittier Trust Co. raised its position in shares of Comcast Corp. by 12.0% in the fourth quarter. Whittier Trust Co. now owns 135,600 shares of the cable giant’s stock worth $7,652,000 after buying an additional 14,555 shares during the last quarter. Whittier Trust Co. of Nevada Inc. raised its position in shares of Comcast Corp. by 24.2% in the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 39,172 shares of the cable giant’s stock worth $2,210,000 after buying an additional 7,623 shares during the last quarter. Victory Capital Management Inc. raised its position in shares of Comcast Corp. by 245.7% in the fourth quarter. Victory Capital Management Inc. now owns 46,741 shares of the cable giant’s stock worth $2,638,000 after buying an additional 33,222 shares during the last quarter. Andra AP fonden raised its position in shares of Comcast Corp. by 50.0% in the fourth quarter. Andra AP fonden now owns 205,300 shares of the cable giant’s stock worth $11,585,000 after buying an additional 68,400 shares during the last quarter. Finally, Palladium Partners LLC raised its position in shares of Comcast Corp. by 10.8% in the fourth quarter. Palladium Partners LLC now owns 115,956 shares of the cable giant’s stock worth $6,543,000 after buying an additional 11,283 shares during 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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