Kalos Management Inc. acquired a new stake in shares of Comcast Co. (NASDAQ:CMCSA) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm acquired 6,462 shares of the cable giant’s stock, valued at approximately $223,000.

Several other hedge funds have also recently made changes to their positions in the company. BRYN MAWR TRUST Co increased its holdings in Comcast by 20.0% in the 2nd quarter. BRYN MAWR TRUST Co now owns 28,192 shares of the cable giant’s stock valued at $925,000 after acquiring an additional 4,705 shares during the last quarter. Natixis bought a new stake in Comcast in the 2nd quarter valued at $147,520,000. Vontobel Asset Management Inc. increased its holdings in Comcast by 1.3% in the 2nd quarter. Vontobel Asset Management Inc. now owns 1,299,879 shares of the cable giant’s stock valued at $42,650,000 after acquiring an additional 16,435 shares during the last quarter. Valeo Financial Advisors LLC increased its holdings in Comcast by 255.7% in the 2nd quarter. Valeo Financial Advisors LLC now owns 31,598 shares of the cable giant’s stock valued at $1,107,000 after acquiring an additional 22,714 shares during the last quarter. Finally, Dynamic Technology Lab Private Ltd increased its holdings in Comcast by 706.3% in the 2nd quarter. Dynamic Technology Lab Private Ltd now owns 51,605 shares of the cable giant’s stock valued at $1,693,000 after acquiring an additional 45,205 shares during the last quarter. Hedge funds and other institutional investors own 80.24% of the company’s stock.

CMCSA stock opened at $37.04 on Friday. Comcast Co. has a 12 month low of $30.43 and a 12 month high of $44.00. The company has a debt-to-equity ratio of 0.86, a current ratio of 0.96 and a quick ratio of 0.96. The stock has a market cap of $167.62 billion, a P/E ratio of 17.98, a PEG ratio of 1.16 and a beta of 1.20.

Comcast (NASDAQ:CMCSA) last released its quarterly earnings results on Thursday, July 26th. The cable giant reported $0.65 EPS for the quarter, topping analysts’ consensus estimates of $0.61 by $0.04. Comcast had a net margin of 27.42% and a return on equity of 15.92%. The firm had revenue of $21.74 billion during the quarter, compared to analysts’ expectations of $21.85 billion. During the same period in the previous year, the company earned $0.52 EPS. The firm’s revenue for the quarter was up 2.1% compared to the same quarter last year. research analysts expect that Comcast Co. will post 2.55 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 24th. Investors of record on Wednesday, October 3rd will be paid a dividend of $0.19 per share. The ex-dividend date is Tuesday, October 2nd. This represents a $0.76 dividend on an annualized basis and a dividend yield of 2.05%. Comcast’s dividend payout ratio is presently 36.89%.

A number of analysts have issued reports on CMCSA shares. KeyCorp upgraded shares of Comcast to an “overweight” rating in a report on Thursday, May 17th. Pivotal Research reissued a “buy” rating and issued a $45.00 price objective on shares of Comcast in a research note on Tuesday, June 26th. Atlantic Securities raised shares of Comcast from a “neutral” rating to an “overweight” rating and set a $42.00 price objective for the company in a research note on Monday, August 6th. Robert W. Baird dropped their price objective on shares of Comcast from $42.00 to $41.00 and set an “outperform” rating for the company in a research note on Monday, July 30th. Finally, Raymond James cut shares of Comcast from an “outperform” rating to a “market perform” rating and lifted their price objective for the stock from $44.00 to $63.00 in a research note on Wednesday, June 13th. One analyst has rated the stock with a sell rating, six have given a hold rating and twenty have issued a buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of $45.79.

Comcast Profile

Comcast Corporation operates as a media and technology company worldwide. It operates through Cable Communications, Cable Networks, Broadcast Television, Filmed Entertainment, and Theme Parks segments. The Cable Communications segment offers video, high-speed Internet, and voice, as well as security and automation services to residential and business customers under the XFINITY brand.

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Institutional Ownership by Quarter for Comcast (NASDAQ:CMCSA)

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