Comcast Co. (NASDAQ:CMCSA) Stock Position Decreased by U.S. Capital Wealth Advisors LLC

U.S. Capital Wealth Advisors LLC trimmed its stake in shares of Comcast Co. (NASDAQ:CMCSA) by 6.5% in the 4th quarter, HoldingsChannel reports. The firm owned 75,183 shares of the cable giant’s stock after selling 5,190 shares during the quarter. U.S. Capital Wealth Advisors LLC’s holdings in Comcast were worth $3,297,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of CMCSA. LSV Asset Management lifted its holdings in shares of Comcast by 3.8% during the fourth quarter. LSV Asset Management now owns 15,688,650 shares of the cable giant’s stock worth $687,947,000 after buying an additional 570,050 shares during the last quarter. Loudon Investment Management LLC grew its position in Comcast by 2.1% during the fourth quarter. Loudon Investment Management LLC now owns 102,522 shares of the cable giant’s stock worth $4,546,000 after buying an additional 2,102 shares in the last quarter. Benjamin F. Edwards & Company Inc. raised its holdings in Comcast by 44.2% in the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 98,631 shares of the cable giant’s stock valued at $4,325,000 after acquiring an additional 30,251 shares in the last quarter. Summit Global Investments lifted its position in shares of Comcast by 93.2% in the 4th quarter. Summit Global Investments now owns 13,379 shares of the cable giant’s stock worth $587,000 after acquiring an additional 6,455 shares during the period. Finally, Westover Capital Advisors LLC grew its holdings in shares of Comcast by 12.6% during the 4th quarter. Westover Capital Advisors LLC now owns 9,083 shares of the cable giant’s stock worth $398,000 after purchasing an additional 1,019 shares in the last quarter. 84.32% of the stock is owned by hedge funds and other institutional investors.

Comcast Price Performance

Shares of CMCSA stock traded up $0.33 during trading hours on Friday, reaching $38.69. 22,278,723 shares of the company were exchanged, compared to its average volume of 22,677,254. The company has a debt-to-equity ratio of 1.13, a current ratio of 0.59 and a quick ratio of 0.59. The company has a market cap of $153.67 billion, a price-to-earnings ratio of 10.24, a P/E/G ratio of 0.96 and a beta of 0.99. The stock’s fifty day moving average is $41.26 and its two-hundred day moving average is $42.38. Comcast Co. has a fifty-two week low of $36.43 and a fifty-two week high of $47.46.

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

Wall Street Analyst Weigh In

A number of brokerages recently commented on CMCSA. Benchmark restated a “buy” rating and issued a $55.00 target price on shares of Comcast in a research note on Wednesday, April 10th. Evercore ISI reaffirmed an “outperform” rating and set a $50.00 price objective on shares of Comcast in a report on Tuesday, March 26th. Redburn Atlantic cut shares of Comcast from a “buy” rating to a “neutral” rating and lowered their target price for the company from $50.00 to $44.00 in a research note on Thursday, February 15th. Wells Fargo & Company dropped their price target on shares of Comcast from $47.00 to $43.00 and set an “equal weight” rating for the company in a research report on Friday, April 26th. Finally, Rosenblatt Securities reaffirmed a “neutral” rating and set a $45.00 price objective on shares of Comcast in a report on Friday, April 26th. Ten equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $49.60.

Comcast Profile

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.