Stillwater Capital Advisors LLC grew its stake in shares of Comcast Corporation (NASDAQ:CMCSA) by 0.7% during the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 359,109 shares of the cable giant’s stock after buying an additional 2,607 shares during the quarter. Comcast Corporation makes up 3.5% of Stillwater Capital Advisors LLC’s holdings, making the stock its 4th biggest holding. Stillwater Capital Advisors LLC’s holdings in Comcast Corporation were worth $13,977,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. State Street Corp grew its stake in shares of Comcast Corporation by 97.6% during the first quarter. State Street Corp now owns 199,519,367 shares of the cable giant’s stock worth $7,499,933,000 after buying an additional 98,570,377 shares during the last quarter. Clearbridge Investments LLC grew its stake in shares of Comcast Corporation by 97.6% during the first quarter. Clearbridge Investments LLC now owns 97,454,749 shares of the cable giant’s stock worth $3,663,324,000 after buying an additional 48,147,456 shares during the last quarter. Ameriprise Financial Inc. grew its stake in shares of Comcast Corporation by 95.7% during the first quarter. Ameriprise Financial Inc. now owns 59,716,372 shares of the cable giant’s stock worth $2,244,768,000 after buying an additional 29,199,805 shares during the last quarter. Bank of New York Mellon Corp grew its stake in shares of Comcast Corporation by 103.1% during the first quarter. Bank of New York Mellon Corp now owns 56,323,747 shares of the cable giant’s stock worth $2,117,212,000 after buying an additional 28,597,277 shares during the last quarter. Finally, First Eagle Investment Management LLC grew its stake in shares of Comcast Corporation by 56.9% during the first quarter. First Eagle Investment Management LLC now owns 34,799,928 shares of the cable giant’s stock worth $1,308,129,000 after buying an additional 12,625,830 shares during the last quarter. 82.02% of the stock is currently owned by hedge funds and other institutional investors.

CMCSA has been the topic of a number of research reports. UBS AG reaffirmed an “overweight” rating on shares of Comcast Corporation in a research note on Thursday, August 24th. Argus lifted their price target on shares of Comcast Corporation from $44.00 to $48.00 and gave the stock a “buy” rating in a report on Friday, August 4th. Barclays PLC set a $44.00 price target on shares of Comcast Corporation and gave the stock a “buy” rating in a report on Friday, July 14th. Royal Bank Of Canada reiterated a “buy” rating and set a $45.00 price target on shares of Comcast Corporation in a report on Sunday, July 9th. Finally, Robert W. Baird reiterated a “buy” rating and set a $43.00 price target on shares of Comcast Corporation in a report on Friday, September 1st. Two equities research analysts have rated the stock with a hold rating and twenty-four have given a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $45.83.

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Comcast Corporation (NASDAQ CMCSA) traded down 1.78% during midday trading on Friday, reaching $36.93. 62,370,131 shares of the company’s stock traded hands. The company’s 50-day moving average price is $40.00 and its 200-day moving average price is $39.17. The stock has a market cap of $174.06 billion, a P/E ratio of 18.60 and a beta of 1.01. Comcast Corporation has a 52-week low of $30.02 and a 52-week high of $42.18.

Comcast Corporation (NASDAQ:CMCSA) last posted its earnings results on Thursday, July 27th. The cable giant reported $0.52 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.48 by $0.04. Comcast Corporation had a net margin of 11.45% and a return on equity of 16.80%. The firm had revenue of $21.17 billion during the quarter, compared to analysts’ expectations of $20.85 billion. During the same period last year, the company posted $0.83 EPS. The company’s quarterly revenue was up 9.8% compared to the same quarter last year. On average, equities analysts predict that Comcast Corporation will post $2.04 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 25th. Stockholders of record on Wednesday, October 4th will be given a $0.1575 dividend. The ex-dividend date of this dividend is Tuesday, October 3rd. This represents a $0.63 annualized dividend and a dividend yield of 1.71%. Comcast Corporation’s dividend payout ratio is 31.74%.

In other news, SVP Daniel C. Murdock sold 3,659 shares of the firm’s stock in a transaction dated Monday, August 7th. The shares were sold at an average price of $39.61, for a total value of $144,932.99. Following the completion of the sale, the senior vice president now directly owns 725 shares of the company’s stock, valued at approximately $28,717.25. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Company insiders own 1.28% of the company’s stock.

Comcast Corporation Company Profile

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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