Nelson Van Denburg & Campbell Wealth Management Group LLC decreased its position in shares of Comcast Co. (NASDAQ:CMCSA) by 3.9% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 41,047 shares of the cable giant’s stock after selling 1,684 shares during the quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC’s holdings in Comcast were worth $1,838,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Archford Capital Strategies LLC lifted its holdings in Comcast by 6.2% in the second quarter. Archford Capital Strategies LLC now owns 4,134 shares of the cable giant’s stock valued at $175,000 after acquiring an additional 240 shares during the period. Ironwood Investment Counsel LLC boosted its stake in Comcast by 0.5% during the second quarter. Ironwood Investment Counsel LLC now owns 51,524 shares of the cable giant’s stock worth $2,178,000 after buying an additional 243 shares during the last quarter. SevenBridge Financial Group LLC boosted its stake in Comcast by 0.6% during the second quarter. SevenBridge Financial Group LLC now owns 41,429 shares of the cable giant’s stock worth $1,752,000 after buying an additional 249 shares during the last quarter. Intellectus Partners LLC boosted its stake in Comcast by 2.8% during the second quarter. Intellectus Partners LLC now owns 9,113 shares of the cable giant’s stock worth $385,000 after buying an additional 251 shares during the last quarter. Finally, Assetmark Inc. boosted its stake in Comcast by 1.6% during the second quarter. Assetmark Inc. now owns 15,928 shares of the cable giant’s stock worth $673,000 after buying an additional 251 shares during the last quarter. 82.75% of the stock is owned by hedge funds and other institutional investors.

In other news, Director Kenneth J. Bacon sold 4,000 shares of the firm’s stock in a transaction that occurred on Wednesday, September 4th. The stock was sold at an average price of $45.03, for a total value of $180,120.00. Following the completion of the sale, the director now directly owns 29,603 shares of the company’s stock, valued at approximately $1,333,023.09. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Daniel C. Murdock sold 848 shares of the firm’s stock in a transaction that occurred on Thursday, August 22nd. The shares were sold at an average price of $44.23, for a total value of $37,507.04. Following the completion of the transaction, the senior vice president now directly owns 3,419 shares of the company’s stock, valued at $151,222.37. The disclosure for this sale can be found here. 1.35% of the stock is owned by company insiders.

A number of equities analysts have weighed in on the company. Goldman Sachs Group raised Comcast from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $44.00 to $54.00 in a research note on Wednesday, July 10th. Citigroup increased their target price on Comcast from $50.00 to $56.00 and gave the stock a “buy” rating in a research note on Friday, October 4th. Macquarie assumed coverage on Comcast in a research note on Wednesday, June 19th. They set a “buy” rating and a $50.00 target price on the stock. BidaskClub raised Comcast from a “hold” rating to a “buy” rating in a research note on Thursday, August 15th. Finally, Raymond James lowered Comcast from a “strong-buy” rating to an “outperform” rating and decreased their target price for the stock from $25.00 to $21.00 in a research note on Friday, June 14th. One research analyst has rated the stock with a sell rating, two have given a hold rating and twenty-three have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of $48.70.

Comcast stock traded up $0.20 during mid-day trading on Wednesday, reaching $44.31. 904,352 shares of the company were exchanged, compared to its average volume of 18,171,348. Comcast Co. has a twelve month low of $32.61 and a twelve month high of $47.27. The firm’s 50-day simple moving average is $45.05 and its two-hundred day simple moving average is $43.11. The company has a debt-to-equity ratio of 1.30, a quick ratio of 0.69 and a current ratio of 0.69. The firm has a market cap of $202.66 billion, a PE ratio of 17.38, a price-to-earnings-growth ratio of 1.22 and a beta of 1.08.

Comcast (NASDAQ:CMCSA) last posted its quarterly earnings data on Thursday, July 25th. The cable giant reported $0.78 earnings per share for the quarter, topping analysts’ consensus estimates of $0.75 by $0.03. The company had revenue of $26.86 billion during the quarter, compared to analysts’ expectations of $27.08 billion. Comcast had a return on equity of 17.50% and a net margin of 11.64%. The firm’s revenue for the quarter was up 23.6% on a year-over-year basis. During the same period last year, the firm earned $0.65 EPS. As a group, equities research analysts anticipate that Comcast Co. will post 3.07 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 23rd. Stockholders of record on Wednesday, October 2nd will be issued a $0.21 dividend. The ex-dividend date is Tuesday, October 1st. This represents a $0.84 annualized dividend and a dividend yield of 1.90%. Comcast’s dividend payout ratio is currently 32.94%.

Comcast Company Profile

Comcast Corporation operates as a media and technology company worldwide. It operates through Cable Communications, Cable Networks, Broadcast Television, Filmed Entertainment, Theme Parks, and Sky segments. The Cable Communications segment offers cable services, including high-speed Internet, video, voice, and security and automation services to residential and business customers under the Xfinity name; and advertising services.

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Institutional Ownership by Quarter for Comcast (NASDAQ:CMCSA)

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