Verde Servicos Internacionais S.A. lifted its stake in Comcast Corporation (NASDAQ:CMCSA) by 43.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 601,460 shares of the cable giant’s stock after buying an additional 181,649 shares during the period. Comcast makes up 4.3% of Verde Servicos Internacionais S.A.’s investment portfolio, making the stock its 4th largest holding. Verde Servicos Internacionais S.A.’s holdings in Comcast were worth $23,048,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently bought and sold shares of CMCSA. MPS Loria Financial Planners LLC purchased a new position in Comcast during the 2nd quarter worth $107,000. Clear Perspective Advisors LLC grew its position in Comcast by 100.1% during the 2nd quarter. Clear Perspective Advisors LLC now owns 2,722 shares of the cable giant’s stock worth $106,000 after purchasing an additional 1,362 shares during the last quarter. First Bank & Trust grew its position in Comcast by 84.9% during the 2nd quarter. First Bank & Trust now owns 2,836 shares of the cable giant’s stock worth $111,000 after purchasing an additional 1,302 shares during the last quarter. Zions Bancorporation grew its position in Comcast by 16.8% during the 1st quarter. Zions Bancorporation now owns 2,845 shares of the cable giant’s stock worth $106,000 after purchasing an additional 410 shares during the last quarter. Finally, Founders Capital Management purchased a new position in Comcast during the 1st quarter worth $113,000. 82.50% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Comcast Corporation (NASDAQ CMCSA) opened at $39.71 on Friday. The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 1.06. Comcast Corporation has a 52 week low of $34.12 and a 52 week high of $42.18. The company has a market cap of $188,390.00, a PE ratio of 19.41, a P/E/G ratio of 1.87 and a beta of 1.00.

Comcast (NASDAQ:CMCSA) last announced its quarterly earnings data on Thursday, October 26th. The cable giant reported $0.52 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.49 by $0.03. Comcast had a net margin of 11.99% and a return on equity of 17.17%. The firm had revenue of $20.98 billion during the quarter, compared to analysts’ expectations of $21.05 billion. During the same quarter last year, the business earned $0.92 earnings per share. The business’s revenue for the quarter was down 1.6% compared to the same quarter last year. research analysts forecast that Comcast Corporation will post 2.06 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 24th. Investors of record on Wednesday, January 3rd will be paid a $0.157 dividend. This represents a $0.63 annualized dividend and a dividend yield of 1.58%. The ex-dividend date is Tuesday, January 2nd. Comcast’s dividend payout ratio (DPR) is 29.72%.

In other Comcast news, Chairman Brian L. Roberts sold 583,835 shares of the firm’s stock in a transaction dated Thursday, December 14th. The shares were sold at an average price of $38.67, for a total transaction of $22,576,899.45. Following the completion of the transaction, the chairman now directly owns 1,711,798 shares in the company, valued at approximately $66,195,228.66. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Arthur R. Block sold 4,091 shares of the firm’s stock in a transaction dated Thursday, September 28th. The shares were sold at an average price of $38.36, for a total transaction of $156,930.76. Following the transaction, the executive vice president now owns 68,478 shares of the company’s stock, valued at $2,626,816.08. The disclosure for this sale can be found here. 1.28% of the stock is owned by company insiders.

Several research analysts have issued reports on CMCSA shares. UBS reissued an “overweight” rating on shares of Comcast in a research report on Thursday, August 24th. Robert W. Baird restated a “buy” rating and issued a $43.00 target price on shares of Comcast in a research note on Friday, September 1st. ValuEngine cut shares of Comcast from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. Moffett Nathanson upgraded shares of Comcast from a “neutral” rating to a “buy” rating and set a $45.00 target price for the company in a research note on Tuesday, September 12th. They noted that the move was a valuation call. Finally, KeyCorp restated a “neutral” rating on shares of Comcast in a research note on Sunday, September 17th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and twenty-seven have issued a buy rating to the company. The company has an average rating of “Buy” and an average price target of $45.72.

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Comcast 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.

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Institutional Ownership by Quarter for Comcast (NASDAQ:CMCSA)

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