NN Investment Partners Holdings N.V. boosted its holdings in Comcast Corporation (NASDAQ:CMCSA) by 111.8% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,502,565 shares of the cable giant’s stock after purchasing an additional 1,320,924 shares during the period. Comcast Corporation comprises 0.9% of NN Investment Partners Holdings N.V.’s holdings, making the stock its 26th largest position. NN Investment Partners Holdings N.V. owned approximately 0.05% of Comcast Corporation worth $94,072,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Boston Partners boosted its position in Comcast Corporation by 140.7% in the first quarter. Boston Partners now owns 16,659,589 shares of the cable giant’s stock worth $626,233,000 after purchasing an additional 9,739,468 shares during the last quarter. Haverford Trust Co. boosted its position in Comcast Corporation by 117.5% in the first quarter. Haverford Trust Co. now owns 3,301,780 shares of the cable giant’s stock worth $124,114,000 after purchasing an additional 1,783,436 shares during the last quarter. First Citizens Bank & Trust Co. boosted its position in Comcast Corporation by 77.1% in the first quarter. First Citizens Bank & Trust Co. now owns 170,680 shares of the cable giant’s stock worth $6,416,000 after purchasing an additional 74,290 shares during the last quarter. Whittier Trust Co. boosted its position in Comcast Corporation by 101.7% in the first quarter. Whittier Trust Co. now owns 288,578 shares of the cable giant’s stock worth $10,847,000 after purchasing an additional 145,515 shares during the last quarter. Finally, Gabelli Funds LLC boosted its position in Comcast Corporation by 111.0% in the first quarter. Gabelli Funds LLC now owns 1,810,200 shares of the cable giant’s stock worth $68,045,000 after purchasing an additional 952,100 shares during the last quarter. 82.02% of the stock is currently owned by institutional investors and hedge funds.

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

Comcast Corporation (NASDAQ:CMCSA) traded up 0.4428% during mid-day trading on Wednesday, hitting $40.8501. The company had a trading volume of 3,561,383 shares. The firm’s 50 day moving average is $40.27 and its 200 day moving average is $39.17. Comcast Corporation has a 52 week low of $30.02 and a 52 week high of $42.18. The company has a market capitalization of $192.54 billion, a price-to-earnings ratio of 20.5794 and a beta of 1.01.

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

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 25th. Shareholders of record on Wednesday, October 4th will be issued a dividend of $0.1575 per share. The ex-dividend date is Tuesday, October 3rd. This represents a $0.63 dividend on an annualized basis and a yield of 1.55%. Comcast Corporation’s dividend payout ratio is presently 31.74%.

TRADEMARK VIOLATION WARNING: “Comcast Corporation (CMCSA) Shares Bought by NN Investment Partners Holdings N.V.” was reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are reading this news story on another publication, it was copied illegally and republished in violation of international copyright law. The original version of this news story can be viewed at https://www.thecerbatgem.com/2017/09/06/comcast-corporation-cmcsa-shares-bought-by-nn-investment-partners-holdings-n-v.html.

Several research firms have weighed in on CMCSA. Instinet reissued a “buy” rating and issued a $46.00 price objective on shares of Comcast Corporation in a research report on Wednesday, June 28th. Goldman Sachs Group, Inc. (The) reissued a “buy” rating on shares of Comcast Corporation in a research report on Wednesday, June 28th. TD Securities began coverage on Comcast Corporation in a research report on Thursday, July 13th. They issued a “buy” rating and a $51.00 price objective on the stock. ValuEngine raised Comcast Corporation from a “hold” rating to a “buy” rating in a research report on Thursday, July 13th. Finally, Wells Fargo & Company reissued an “outperform” rating and issued a $44.00 price objective on shares of Comcast Corporation in a research report on Wednesday, June 28th. Three investment analysts have rated the stock with a hold rating and twenty-three have assigned a buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of $45.83.

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.

Institutional Ownership by Quarter for Comcast Corporation (NASDAQ:CMCSA)

Receive News & Stock Ratings for Comcast Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Comcast Corporation and related stocks with our FREE daily email newsletter.