Williams Jones & Associates LLC raised its position in shares of Comcast Corp. (NASDAQ:CMCSA) by 0.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 940,251 shares of the cable giant’s stock after buying an additional 5,307 shares during the period. Comcast Corp. makes up about 1.9% of Williams Jones & Associates LLC’s holdings, making the stock its 13th largest position. Williams Jones & Associates LLC’s holdings in Comcast Corp. were worth $61,295,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in CMCSA. D Orazio & Associates Inc. boosted its stake in shares of Comcast Corp. by 5.3% in the second quarter. D Orazio & Associates Inc. now owns 1,563 shares of the cable giant’s stock worth $102,000 after buying an additional 79 shares during the last quarter. Thompson Davis & CO. Inc. boosted its stake in shares of Comcast Corp. by 64.6% in the second quarter. Thompson Davis & CO. Inc. now owns 1,605 shares of the cable giant’s stock worth $105,000 after buying an additional 630 shares during the last quarter. Oakworth Capital Inc. boosted its stake in shares of Comcast Corp. by 24.0% in the second quarter. Oakworth Capital Inc. now owns 1,683 shares of the cable giant’s stock worth $107,000 after buying an additional 326 shares during the last quarter. Proficio Capital Partners LLC boosted its stake in shares of Comcast Corp. by 80.1% in the second quarter. Proficio Capital Partners LLC now owns 1,704 shares of the cable giant’s stock worth $116,000 after buying an additional 758 shares during the last quarter. Finally, Cribstone Capital Management LLC bought a new stake in shares of Comcast Corp. during the second quarter worth approximately $115,000. 82.54% of the stock is currently owned by hedge funds and other institutional investors.

Institutional Ownership by Quarter for Comcast Corp. (NASDAQ:CMCSA)

Shares of Comcast Corp. (NASDAQ:CMCSA) traded down 0.22% on Friday, hitting $68.34. The stock had a trading volume of 10,462,568 shares. The firm has a market cap of $163.53 billion, a price-to-earnings ratio of 20.05 and a beta of 1.08. Comcast Corp. has a 12-month low of $52.34 and a 12-month high of $68.72. The stock has a 50 day moving average of $64.44 and a 200 day moving average of $64.79.

Comcast Corp. (NASDAQ:CMCSA) last released its quarterly earnings data on Wednesday, October 26th. The cable giant reported $0.92 EPS for the quarter, beating analysts’ consensus estimates of $0.91 by $0.01. Comcast Corp. had a return on equity of 15.22% and a net margin of 10.65%. The firm had revenue of $21.32 billion for the quarter, compared to analysts’ expectations of $21.11 billion. During the same period in the prior year, the firm posted $0.80 earnings per share. The firm’s quarterly revenue was up 14.2% on a year-over-year basis. Equities analysts predict that Comcast Corp. will post $3.50 earnings per share for the current fiscal year.

A number of equities analysts have recently weighed in on the company. RBC Capital Markets reaffirmed an “outperform” rating and issued a $72.00 price objective (up previously from $70.00) on shares of Comcast Corp. in a research note on Thursday, July 28th. Jefferies Group reaffirmed a “buy” rating on shares of Comcast Corp. in a research note on Friday, September 30th. Royal Bank Of Canada upped their price objective on Comcast Corp. from $70.00 to $72.00 and gave the stock an “outperform” rating in a research note on Thursday, July 28th. Argus upped their price objective on Comcast Corp. from $72.00 to $81.00 and gave the stock a “buy” rating in a research note on Monday, August 8th. Finally, Pacific Crest increased their price target on Comcast Corp. from $65.00 to $74.00 and gave the company an “overweight” rating in a research note on Thursday, July 28th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, nineteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $73.15.

In other Comcast Corp. news, EVP Arthur R. Block sold 1,023 shares of the company’s stock in a transaction on Friday, September 16th. The stock was sold at an average price of $65.75, for a total transaction of $67,262.25. Following the transaction, the executive vice president now directly owns 47,539 shares in the company, valued at $3,125,689.25. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP David L. Cohen sold 19,886 shares of the company’s stock in a transaction on Thursday, October 27th. The stock was sold at an average price of $62.21, for a total value of $1,237,108.06. Following the transaction, the executive vice president now owns 246,070 shares in the company, valued at $15,308,014.70. The disclosure for this sale can be found here. Company insiders own 1.27% of the company’s stock.

Comcast Corp. Company Profile

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.

5 Day Chart for NASDAQ:CMCSA

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