DGS Capital Management LLC Has $856,000 Stock Holdings in Comcast Co. (NASDAQ:CMCSA)

DGS Capital Management LLC lifted its position in shares of Comcast Co. (NASDAQ:CMCSA) by 1.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 19,511 shares of the cable giant’s stock after purchasing an additional 283 shares during the period. DGS Capital Management LLC’s holdings in Comcast were worth $856,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the company. Keystone Financial Services grew its stake in Comcast by 1.1% in the 4th quarter. Keystone Financial Services now owns 20,432 shares of the cable giant’s stock worth $896,000 after buying an additional 229 shares in the last quarter. Capital Investment Advisors LLC grew its stake in Comcast by 0.7% in the 3rd quarter. Capital Investment Advisors LLC now owns 34,950 shares of the cable giant’s stock worth $1,550,000 after buying an additional 238 shares in the last quarter. Ironwood Financial llc grew its stake in Comcast by 1.6% in the 3rd quarter. Ironwood Financial llc now owns 15,449 shares of the cable giant’s stock worth $685,000 after buying an additional 238 shares in the last quarter. Welch Group LLC grew its stake in Comcast by 4.4% in the 3rd quarter. Welch Group LLC now owns 5,674 shares of the cable giant’s stock worth $252,000 after buying an additional 239 shares in the last quarter. Finally, Tradewinds LLC. grew its stake in Comcast by 1.3% in the 2nd quarter. Tradewinds LLC. now owns 19,414 shares of the cable giant’s stock worth $807,000 after buying an additional 241 shares in the last quarter. 84.32% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, President Michael J. Cavanagh sold 114,749 shares of Comcast stock in a transaction that occurred on Monday, January 29th. The shares were sold at an average price of $46.10, for a total transaction of $5,289,928.90. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 1.18% of the stock is owned by company insiders.

Comcast Stock Down 0.7 %

CMCSA stock traded down $0.27 during trading on Tuesday, hitting $39.16. 5,851,114 shares of the stock traded hands, compared to its average volume of 20,498,393. Comcast Co. has a 1 year low of $36.38 and a 1 year high of $47.46. The firm’s 50 day moving average is $42.08 and its two-hundred day moving average is $42.83. The stock has a market cap of $155.54 billion, a price-to-earnings ratio of 10.60, a price-to-earnings-growth ratio of 0.96 and a beta of 0.98. The company has a debt-to-equity ratio of 1.14, a current ratio of 0.60 and a quick ratio of 0.60.

Comcast (NASDAQ:CMCSA) last announced its quarterly earnings results on Thursday, January 25th. The cable giant reported $0.84 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.80 by $0.04. Comcast had a net margin of 12.66% and a return on equity of 19.75%. The firm had revenue of $31.25 billion for the quarter, compared to the consensus estimate of $30.41 billion. On average, sell-side analysts anticipate that Comcast Co. will post 4.23 EPS for the current year.

Comcast Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 24th. Shareholders of record on Wednesday, April 3rd will be paid a dividend of $0.31 per share. This is a boost from Comcast’s previous quarterly dividend of $0.29. The ex-dividend date is Tuesday, April 2nd. This represents a $1.24 dividend on an annualized basis and a yield of 3.17%. Comcast’s dividend payout ratio (DPR) is presently 33.33%.

Wall Street Analysts Forecast Growth

CMCSA has been the subject of a number of research reports. Oppenheimer reaffirmed an “outperform” rating and issued a $55.00 price objective on shares of Comcast in a research note on Wednesday, April 3rd. Evercore ISI reaffirmed an “outperform” rating and issued a $50.00 price objective on shares of Comcast in a research note on Tuesday, March 26th. Rosenblatt Securities upped their price objective on shares of Comcast from $44.00 to $46.00 and gave the company a “neutral” rating in a research note on Friday, December 22nd. Benchmark reiterated a “buy” rating and set a $55.00 price target on shares of Comcast in a report on Wednesday, April 10th. Finally, StockNews.com lowered shares of Comcast from a “strong-buy” rating to a “buy” rating in a report on Friday, March 22nd. Ten research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. Based on data from MarketBeat, Comcast has an average rating of “Moderate Buy” and an average price target of $49.50.

Comcast Company Profile

Comcast Corporation operates as a media and technology company worldwide. It operates through Residential Connectivity & Platforms, Business Services Connectivity, Media, Studios, and Theme Parks segments. The Residential Connectivity & Platforms segment provides residential broadband and wireless connectivity services, residential and business video services, sky-branded entertainment television networks, and advertising.