Comcast Co. (NASDAQ:CMCSA) Shares Acquired by Pioneer Trust Bank N A OR

Pioneer Trust Bank N A OR lifted its position in shares of Comcast Co. (NASDAQ:CMCSA) by 14.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 128,784 shares of the cable giant’s stock after acquiring an additional 16,256 shares during the quarter. Comcast accounts for approximately 1.7% of Pioneer Trust Bank N A OR’s portfolio, making the stock its 25th largest holding. Pioneer Trust Bank N A OR’s holdings in Comcast were worth $5,647,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. National Pension Service lifted its stake in shares of Comcast by 2.2% in the 4th quarter. National Pension Service now owns 7,505,854 shares of the cable giant’s stock valued at $329,132,000 after purchasing an additional 160,024 shares in the last quarter. Meridian Wealth Advisors LLC raised its holdings in shares of Comcast by 3.5% during the 4th quarter. Meridian Wealth Advisors LLC now owns 77,503 shares of the cable giant’s stock valued at $3,399,000 after buying an additional 2,642 shares during the period. RMR Wealth Builders increased its stake in shares of Comcast by 2.9% in the fourth quarter. RMR Wealth Builders now owns 31,652 shares of the cable giant’s stock worth $1,388,000 after buying an additional 896 shares during the last quarter. Cullen Frost Bankers Inc. boosted its stake in Comcast by 3.4% during the 4th quarter. Cullen Frost Bankers Inc. now owns 510,474 shares of the cable giant’s stock valued at $22,384,000 after acquiring an additional 16,672 shares during the last quarter. Finally, Evexia Wealth LLC grew its holdings in Comcast by 2.7% during the 4th quarter. Evexia Wealth LLC now owns 72,409 shares of the cable giant’s stock worth $3,265,000 after acquiring an additional 1,910 shares in the last quarter. 84.32% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on CMCSA. Oppenheimer reissued an “outperform” rating and issued a $55.00 price target on shares of Comcast in a report on Wednesday, April 3rd. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Comcast from $55.00 to $53.00 in a research note on Friday, April 5th. Scotiabank lowered their price objective on shares of Comcast from $50.00 to $47.25 and set a “sector perform” rating on the stock in a research note on Friday, April 26th. BNP Paribas reissued a “neutral” rating and set a $45.00 price objective on shares of Comcast in a report on Tuesday, April 9th. Finally, Redburn Atlantic cut Comcast from a “buy” rating to a “neutral” rating and cut their price objective for the company from $50.00 to $44.00 in a report on Thursday, February 15th. Ten analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $49.60.

Comcast Price Performance

NASDAQ:CMCSA traded down $0.51 during trading hours on Thursday, hitting $38.54. The company’s stock had a trading volume of 23,388,725 shares, compared to its average volume of 21,110,846. The stock has a fifty day simple moving average of $41.11 and a 200-day simple moving average of $42.29. The company has a market capitalization of $151.22 billion, a P/E ratio of 10.33, a PEG ratio of 0.97 and a beta of 0.99. The company has a debt-to-equity ratio of 1.13, a current ratio of 0.59 and a quick ratio of 0.59. Comcast Co. has a twelve month low of $36.43 and a twelve month high of $47.46.

Comcast (NASDAQ:CMCSA) last released its quarterly earnings data on Thursday, April 25th. The cable giant reported $1.04 earnings per share for the quarter, beating the consensus estimate of $0.98 by $0.06. Comcast had a return on equity of 20.10% and a net margin of 12.64%. The business had revenue of $30.06 billion for the quarter, compared to analyst estimates of $29.83 billion. During the same period last year, the firm posted $0.92 earnings per share. Comcast’s revenue was up 1.2% compared to the same quarter last year. On average, analysts anticipate that Comcast Co. will post 4.21 EPS for the current fiscal year.

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.