CAPROCK Group Inc. grew its holdings in Comcast Corporation (NASDAQ:CMCSA) by 12.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 25,073 shares of the cable giant’s stock after acquiring an additional 2,756 shares during the period. CAPROCK Group Inc.’s holdings in Comcast were worth $965,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also made changes to their positions in CMCSA. Zions Bancorporation lifted its position in shares of Comcast by 16.8% in the first quarter. Zions Bancorporation now owns 2,845 shares of the cable giant’s stock valued at $106,000 after acquiring an additional 410 shares in the last quarter. Clear Perspective Advisors LLC lifted its position in shares of Comcast by 100.1% in the second quarter. Clear Perspective Advisors LLC now owns 2,722 shares of the cable giant’s stock valued at $106,000 after acquiring an additional 1,362 shares in the last quarter. MPS Loria Financial Planners LLC purchased a new position in shares of Comcast in the second quarter valued at about $107,000. First Bank & Trust lifted its position in shares of Comcast by 84.9% in the second quarter. First Bank & Trust now owns 2,836 shares of the cable giant’s stock valued at $111,000 after acquiring an additional 1,302 shares in the last quarter. Finally, Founders Capital Management purchased a new position in shares of Comcast in the first quarter valued at about $113,000. Institutional investors and hedge funds own 82.13% of the company’s stock.

A number of research firms recently commented on CMCSA. Pivotal Research reiterated a “buy” rating and issued a $50.00 target price on shares of Comcast in a research report on Tuesday. Royal Bank of Canada reiterated a “buy” rating and issued a $45.00 target price on shares of Comcast in a research report on Wednesday, October 18th. BidaskClub upgraded Comcast from a “strong sell” rating to a “sell” rating in a research report on Tuesday, December 5th. KeyCorp reiterated a “hold” rating on shares of Comcast in a research report on Tuesday, October 17th. Finally, Macquarie reiterated a “buy” rating and issued a $40.00 target price on shares of Comcast in a research report on Thursday, December 7th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and twenty-seven have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $45.72.

In other news, EVP Arthur R. Block sold 5,630 shares of the company’s stock in a transaction that occurred on Monday, December 18th. The stock was sold at an average price of $39.89, for a total transaction of $224,580.70. Following the transaction, the executive vice president now owns 71,664 shares of the company’s stock, valued at $2,858,676.96. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Arthur R. Block sold 4,091 shares of the company’s stock in a transaction that occurred on Thursday, September 28th. The shares were sold at an average price of $38.36, for a total value of $156,930.76. Following the transaction, the executive vice president now directly owns 68,478 shares in the company, valued at approximately $2,626,816.08. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 593,556 shares of company stock worth $22,958,411. Company insiders own 1.28% of the company’s stock.

Shares of Comcast Corporation (NASDAQ CMCSA) opened at $39.38 on Thursday. Comcast Corporation has a 52-week low of $34.12 and a 52-week high of $42.18. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.74 and a current ratio of 0.74. The stock has a market capitalization of $182,931.39, a P/E ratio of 19.42, a price-to-earnings-growth ratio of 1.88 and a beta of 1.01.

Comcast (NASDAQ:CMCSA) last issued its quarterly earnings data on Thursday, October 26th. The cable giant reported $0.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.49 by $0.03. Comcast had a return on equity of 17.17% and a net margin of 11.99%. The business had revenue of $20.98 billion for the quarter, compared to the consensus estimate of $21.05 billion. During the same period in the prior year, the business posted $0.92 earnings per share. The company’s quarterly revenue was down 1.6% compared to the same quarter last year. equities research analysts predict that Comcast Corporation will post 2.05 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 24th. Shareholders of record on Wednesday, January 3rd will be given a dividend of $0.157 per share. The ex-dividend date of this dividend is Tuesday, January 2nd. This represents a $0.63 dividend on an annualized basis and a yield of 1.59%. Comcast’s dividend payout ratio (DPR) is presently 30.36%.

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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.

Institutional Ownership by Quarter for Comcast (NASDAQ:CMCSA)

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