McAdam LLC Has $437,000 Stock Holdings in Comcast Co. (NASDAQ:CMCSA)

McAdam LLC decreased its stake in Comcast Co. (NASDAQ:CMCSA) by 3.6% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 9,963 shares of the cable giant’s stock after selling 373 shares during the quarter. McAdam LLC’s holdings in Comcast were worth $437,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of CMCSA. Mather Group LLC. raised its stake in Comcast by 2.0% during the 4th quarter. Mather Group LLC. now owns 30,008 shares of the cable giant’s stock valued at $1,316,000 after purchasing an additional 598 shares during the period. Gilbert & Cook Inc. raised its position in Comcast by 10.3% during the fourth quarter. Gilbert & Cook Inc. now owns 15,613 shares of the cable giant’s stock valued at $685,000 after buying an additional 1,459 shares during the period. Eagle Wealth Strategies LLC purchased a new stake in Comcast in the 4th quarter worth about $459,000. HHM Wealth Advisors LLC grew its stake in Comcast by 15.3% during the 4th quarter. HHM Wealth Advisors LLC now owns 1,975 shares of the cable giant’s stock valued at $87,000 after acquiring an additional 262 shares in the last quarter. Finally, Conservest Capital Advisors Inc. increased its holdings in shares of Comcast by 476.4% in the 4th quarter. Conservest Capital Advisors Inc. now owns 43,287 shares of the cable giant’s stock valued at $1,898,000 after purchasing an additional 35,777 shares during the period. Hedge funds and other institutional investors own 84.32% of the company’s stock.

Comcast Stock Up 0.7 %

Comcast stock opened at $38.85 on Tuesday. The firm has a market cap of $154.31 billion, a price-to-earnings ratio of 10.28, a P/E/G ratio of 0.95 and a beta of 0.98. The firm has a fifty day moving average price of $41.54 and a two-hundred day moving average price of $42.51. Comcast Co. has a fifty-two week low of $36.43 and a fifty-two week high of $47.46. The company has a debt-to-equity ratio of 1.13, a current ratio of 0.59 and a quick ratio of 0.59.

Comcast (NASDAQ:CMCSA) last announced its earnings results on Thursday, April 25th. The cable giant reported $1.04 earnings per share for the quarter, beating the consensus estimate of $0.98 by $0.06. The firm had revenue of $30.06 billion during the quarter, compared to the consensus estimate of $29.83 billion. Comcast had a return on equity of 20.10% and a net margin of 12.64%. The firm’s revenue for the quarter was up 1.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.92 EPS. As a group, analysts forecast that Comcast Co. will post 4.21 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on CMCSA shares. Benchmark reaffirmed a “buy” rating and set a $55.00 price objective on shares of Comcast in a research report on Wednesday, April 10th. Oppenheimer reaffirmed an “outperform” rating and issued a $55.00 price target on shares of Comcast in a research note on Wednesday, April 3rd. StockNews.com cut Comcast from a “strong-buy” rating to a “buy” rating in a research report on Friday, March 22nd. Wells Fargo & Company cut their price target on Comcast from $47.00 to $43.00 and set an “equal weight” rating for the company in a research note on Friday. Finally, BNP Paribas reissued a “neutral” rating and issued a $45.00 price target on shares of Comcast in a research note on Tuesday, April 9th. Ten investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $49.60.

About Comcast

Comcast Corporation operates as a media and technology company worldwide. It operates through Residential Connectivity & Platforms, Business Services Connectivity, Media, Studios, and Theme Parks segments. The Residential Connectivity & Platforms segment provides residential broadband and wireless connectivity services, residential and business video services, sky-branded entertainment television networks, and advertising.