Economy

Comcast Corporation (NASDAQ: CMCSA)

Clear Perspective Advisors LLC now owns 2,722 shares of the cable giant's stock worth $106,000 after purchasing an additional 1,362 shares in the last quarter. Ballentine Partners LLC's holdings in Comcast Corporation were worth $1,524,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. It turned negative, as 68 investors sold CMCSA shares while 503 reduced holdings. Patriot Financial Group Insurance Agency LLC now owns 2,680 shares of the cable giant's stock valued at $100,000 after buying an additional 1,340 shares during the last quarter. Zions Bancorporation raised its holdings in Comcast Corporation by 16.8% during the first quarter.

The Relative Volume of the company is 2.22 and Average Volume (3 months) is 22.97 million. State Street Corp now owns 199,519,367 shares of the cable giant's stock valued at $7,499,933,000 after buying an additional 98,570,377 shares in the last quarter. The Weekly and Monthly Volatility stands at 2.95% and 2.09%. Standard Life Investments LTD increased its stake in shares of Comcast Corp.by 27.8% in the second quarter. RBC Capital Markets maintained Comcast Corporation (NASDAQ:CMCSA) on Monday, July 27 with "Outperform" rating.

The company now has an insider ownership of 0.1 Percent and Institutional ownership of 84.4 Percent.

WARNING: This story was originally published by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are reading this article on another publication, it was copied illegally and reposted in violation of United States and global copyright laws. Guggenheim upgraded Comcast Corporation from a neutral rating to a buy rating and raised their target price for the company from $42.00 to $46.00 in a research note on Thursday, August 3rd.

Comcast Corporation (NASDAQ:CMCSA) closed its last session at $36.79. The stock has a 50 day moving average of $37.41 and a 200-day moving average of $39.15. However, the institutional investors are observed to own 84.40% of the total shares. According to these analysts, the Low Revenue Estimate for Comcast Corporation is 20.98 Billion and the High Revenue Estimate is 22.34 Billion. Endowment Mngmt LP reported 0.06% in Comcast Corporation (NASDAQ:CMCSA).

Analysts expect Reata Pharmaceuticals Inc (NASDAQ:RETA) to report $-0.42 EPS on November, 13.They anticipate $0.38 EPS change or 950.00% from last quarter's $-0.04 EPS.

Analysts have given a mean recommendation of 1.70 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). Comcast Corporation had a net margin of 11.99% and a return on equity of 17.17%.

While looking at the Stock's Performance, Comcast Corporation now shows a Weekly Performance of -1.16%, where Monthly Performance is -2.72%, Quarterly performance is -9.05%, 6 Months performance is -6.12% and yearly performance percentage is 19.68%. During the same period in the previous year, the company posted $0.92 EPS. As per Wednesday, November 11, the company rating was initiated by SunTrust. Shareholders of record on Wednesday, January 3rd will be given a $0.157 dividend. It has a dividend yield of 1.71%. The ex-dividend date of this dividend is Tuesday, January 2nd. Comcast Corporation's dividend payout ratio (DPR) is presently 30.36%. BACON KENNETH J sold $303,713 worth of stock. The stock was sold at an average price of $65.75, for a total value of $67,262.25. It showed the change of -2.72% in last one month. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. The company was maintained on Tuesday, May 30 by Piper Jaffray. Following the sale, the director now owns 24,580 shares in the company, valued at $916,096.60. The disclosure for this sale can be found here. Insiders sold 9,982 shares of company stock worth $385,050 over the last ninety days.

Other research analysts have also recently issued research reports about the stock.

Some buy side analysts are also providing their Analysis on Comcast Corporation, where 15 analysts have rated the stock as Strong buy, 15 analysts have given a Buy signal, 1 said it's a HOLD, 0 reported it as Underperform and 0 analysts rated the stock as Sell. Macquarie Research maintained Comcast Corporation (NASDAQ:CMCSA) rating on Tuesday, September 29. Robert W. Baird reiterated a "buy" rating and issued a $43.00 price objective on shares of Comcast Corporation in a report on Friday, September 1st. Argus Research upgraded the stock to "Buy" rating in Friday, February 5 report. Finally, Royal Bank Of Canada raised their price target on shares of Comcast Corp. from $70.00 to $72.00 and gave the stock an "outperform" rating in a research note on Thursday, July 28th. The Company's primary businesses include Comcast Cable and NBCUniversal.



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