Winch Advisory Services LLC Buys 502 Shares of Comcast Co. (NASDAQ:CMCSA)

Winch Advisory Services LLC boosted its position in Comcast Co. (NASDAQ:CMCSA) by 269.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 688 shares of the cable giant’s stock after purchasing an additional 502 shares during the period. Winch Advisory Services LLC’s holdings in Comcast were worth $26,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of CMCSA. Sendero Wealth Management LLC boosted its position in Comcast by 49.3% during the fourth quarter. Sendero Wealth Management LLC now owns 42,257 shares of the cable giant’s stock valued at $1,586,000 after acquiring an additional 13,962 shares during the last quarter. Godsey & Gibb Inc. lifted its stake in shares of Comcast by 0.7% in the 4th quarter. Godsey & Gibb Inc. now owns 459,464 shares of the cable giant’s stock valued at $17,244,000 after purchasing an additional 3,053 shares during the period. Wolff Wiese Magana LLC boosted its position in shares of Comcast by 1.7% during the 4th quarter. Wolff Wiese Magana LLC now owns 26,515 shares of the cable giant’s stock valued at $995,000 after purchasing an additional 440 shares in the last quarter. Apella Capital LLC grew its stake in Comcast by 21.0% during the fourth quarter. Apella Capital LLC now owns 9,534 shares of the cable giant’s stock worth $358,000 after purchasing an additional 1,654 shares during the period. Finally, S.E.E.D. Planning Group LLC increased its holdings in Comcast by 13.6% in the fourth quarter. S.E.E.D. Planning Group LLC now owns 48,309 shares of the cable giant’s stock worth $1,813,000 after purchasing an additional 5,795 shares in the last quarter. 84.32% of the stock is currently owned by institutional investors.

Comcast Price Performance

CMCSA stock opened at $36.50 on Thursday. The firm has a 50 day moving average of $40.44 and a 200-day moving average of $40.23. The firm has a market capitalization of $139.67 billion, a P/E ratio of 9.81, a price-to-earnings-growth ratio of 1.33 and a beta of 1.01. Comcast Co. has a 12 month low of $36.15 and a 12 month high of $47.11. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 1.14.

Comcast (NASDAQ:CMCSA) last announced its quarterly earnings results on Thursday, October 31st. The cable giant reported $1.12 EPS for the quarter, beating the consensus estimate of $1.06 by $0.06. Comcast had a net margin of 11.92% and a return on equity of 19.81%. The firm had revenue of $32.07 billion during the quarter, compared to the consensus estimate of $31.78 billion. During the same period last year, the firm earned $1.08 EPS. The business’s quarterly revenue was up 6.5% compared to the same quarter last year. As a group, sell-side analysts predict that Comcast Co. will post 4.25 earnings per share for the current fiscal year.

Comcast Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 29th. Stockholders of record on Wednesday, January 8th will be issued a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a dividend yield of 3.40%. The ex-dividend date is Wednesday, January 8th. Comcast’s payout ratio is 33.33%.

Analyst Ratings Changes

CMCSA has been the subject of several research analyst reports. Rosenblatt Securities reaffirmed a “neutral” rating and issued a $45.00 price target on shares of Comcast in a research note on Wednesday, November 6th. Evercore ISI raised Comcast to a “strong-buy” rating in a research note on Thursday, November 21st. StockNews.com cut Comcast from a “strong-buy” rating to a “buy” rating in a research note on Saturday, January 4th. KeyCorp upped their target price on Comcast from $44.00 to $47.00 and gave the stock an “overweight” rating in a research report on Friday, November 1st. Finally, TD Cowen reduced their price target on shares of Comcast from $50.00 to $48.00 and set a “buy” rating for the company in a research report on Friday, November 1st. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating, eleven have assigned a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $47.33.

Insider Activity at Comcast

In other Comcast news, President Michael J. Cavanagh sold 25,537 shares of the company’s stock in a transaction that occurred on Tuesday, November 26th. The stock was sold at an average price of $42.59, for a total value of $1,087,620.83. Following the completion of the sale, the president now owns 534,849 shares of the company’s stock, valued at $22,779,218.91. This represents a 4.56 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Brian L. Roberts sold 234,464 shares of Comcast stock in a transaction that occurred on Tuesday, November 26th. The stock was sold at an average price of $42.66, for a total transaction of $10,002,234.24. Following the transaction, the chief executive officer now directly owns 6,669,928 shares in the company, valued at $284,539,128.48. This trade represents a 3.40 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.26% of the stock is currently owned by insiders.

Comcast 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.