23 May, 2017
The institutional investor owned 31,062 shares of the cable giant's stock after buying an additional 14,751 shares during the period. The company's stock has a normal trading capacity of 15.83M shares while the relative volume is 1.18. It increased, as 58 investors sold CMCSA shares while 518 reduced holdings. Apriem Advisors now owns 1,930 shares of the cable giant's stock worth $128,000 after buying an additional 593 shares during the last quarter. The River Road Asset Management Llc holds 114,977 shares with $7.94M value, up from 99,716 last quarter. Price T Rowe Associates Inc. Korea Investment CORP raised its position in Comcast by 15.8% in the third quarter. HL Financial Services LLC now owns 72,211 shares of the cable giant's stock valued at $4,790,000 after buying an additional 444 shares during the period. Dodge & Cox acquired a new stake in Comcast during the fourth quarter worth about $2,643,845,000. CT Financial Advisors LLC now owns 2,894 shares of the cable giant's stock valued at $109,000 after buying an additional 1,512 shares in the last quarter. TCI Fund Management Ltd. now owns 35,780,552 shares of the cable giant's stock worth $2,470,647,000 after buying an additional 6,688,445 shares during the last quarter. Institutional investors and hedge funds own 82.03% of the company's stock.
Comcast Corporation (CMCSA) stock price rose 28.96 percent over the past one year, while increased 13.7 percent during the past 6 months. Tightening the gaze, stock performance for the last 5 trading days is -0.33%.
Home Bancorp Inc's director, Donald Washington, obtained 400 shares of stock in the public company. Van Hulzen Asset Management Llc who had been investing in Ishares Silver Trust for a number of months, seems to be bullish on the $185.12 billion market cap company. Another trade for 2,500 shares valued at $175,118 was sold by BACON KENNETH J. Shares for $237,081 were sold by SALVA LAWRENCE J. The stock has a 50 day moving average price of $38.33 and a 200 day moving average price of $36.46. The cable giant reported $0.53 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.44 by $0.09. The firm had revenue of $20.46 billion during the quarter, compared to analysts' expectations of $20.10 billion. Company net profit margin stands at 0.90% whereas its Gross Margin is 30.80%. The firm's quarterly revenue was up 8.9% on a year-over-year basis. During the same quarter previous year, the company posted $0.84 EPS. On average, analysts expect that Comcast Co. will post $1.98 earnings per share for the current year. Camarda Fincl Advsrs Ltd Com has 0.05% invested in Comcast Corporation (NASDAQ:CMCSA) for 1,112 shares. The ex-dividend date of this dividend is Friday, June 30th. This represents a $0.63 annualized dividend and a dividend yield of 1.62%. Comcast's dividend payout ratio is 30.81%. "(CMCSA)" was published by Stock Observer and is owned by of Stock Observer. If you are accessing this report on another site, it was illegally copied and republished in violation of USA and worldwide trademark and copyright laws. The correct version of this piece of content can be viewed at https://www.themarketsdaily.com/2017/05/22/grassi-investment-management-raises-stake-in-comcast-co-cmcsa-updated-updated.html.
CMCSA has been the topic of several recent analyst reports. Royal Bank of Canada raised their price target on shares of Comcast from $40.00 to $45.00 and gave the stock an "outperform" rating in a research note on Monday, May 1st. Jefferies Group LLC increased their target price on shares of Comcast from $40.00 to $43.00 and gave the company a "buy" rating in a research note on Friday, January 27th. Macquarie reaffirmed a "buy" rating and set a $45.00 target price on shares of Comcast in a research note on Thursday, April 27th. Telsey Advisory Group boosted their target price on Comcast from $44.00 to $47.00 and gave the company an "outperform" rating in a research note on Friday, April 28th. Analysts pegging the company with a rating of 3 would be indicating a Hold recommendation. Analysts reported that the Price Target for Comcast Corporation might touch $50 high while the Average Price Target and Low price Target is $44.9 and $33 respectively. BLOCK ARTHUR R had sold 7,053 shares worth $264,281 on Monday, March 20. While it's Return on Investment (ROI) value is 10%. Following the completion of the transaction, the executive vice president now owns 85,306 shares in the company, valued at approximately $3,160,587.30. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Smit Neil also sold $1.05 million worth of Comcast Corporation (NASDAQ:CMCSA) on Thursday, December 1. A P/B ratio of less than 1.0 can indicate that a stock is undervalued, while a ratio of greater than 1.0 may indicate that a stock is overvalued.
The difference of 52 week low value as well as 52 week high value and the current price of the stock suggests the next move of the shares. The disclosure for this sale can be found here. For the last month, company shares are 2.24%.
