Comcast Co. (NASDAQ:CMCSA) Shares Bought by Hengehold Capital Management LLC

Hengehold Capital Management LLC increased its stake in Comcast Co. (NASDAQ:CMCSA) by 0.8% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 76,597 shares of the cable giant’s stock after acquiring an additional 631 shares during the quarter. Hengehold Capital Management LLC’s holdings in Comcast were worth $2,875,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Winch Advisory Services LLC grew its position in Comcast by 269.9% during the 4th quarter. Winch Advisory Services LLC now owns 688 shares of the cable giant’s stock worth $26,000 after purchasing an additional 502 shares in the last quarter. Safe Harbor Fiduciary LLC acquired a new position in Comcast during the third quarter valued at $30,000. McClarren Financial Advisors Inc. lifted its stake in Comcast by 365.4% in the 3rd quarter. McClarren Financial Advisors Inc. now owns 726 shares of the cable giant’s stock worth $30,000 after acquiring an additional 570 shares in the last quarter. Iron Horse Wealth Management LLC boosted its position in Comcast by 220.3% during the 3rd quarter. Iron Horse Wealth Management LLC now owns 759 shares of the cable giant’s stock worth $32,000 after acquiring an additional 522 shares during the period. Finally, Dunhill Financial LLC increased its holdings in shares of Comcast by 54.8% in the 3rd quarter. Dunhill Financial LLC now owns 814 shares of the cable giant’s stock valued at $34,000 after purchasing an additional 288 shares during the period. 84.32% of the stock is owned by institutional investors and hedge funds.

Comcast Stock Up 1.0 %

NASDAQ CMCSA opened at $37.47 on Friday. Comcast Co. has a twelve month low of $36.15 and a twelve month high of $47.11. The company has a debt-to-equity ratio of 1.14, a quick ratio of 0.72 and a current ratio of 0.72. The stock has a market cap of $143.38 billion, a PE ratio of 10.07, a PEG ratio of 1.35 and a beta of 1.01. The firm has a 50-day simple moving average of $39.54 and a 200 day simple moving average of $40.16.

Comcast (NASDAQ:CMCSA) last posted its quarterly earnings results on Thursday, October 31st. The cable giant reported $1.12 earnings per share for the quarter, topping analysts’ consensus estimates of $1.06 by $0.06. The firm had revenue of $32.07 billion for the quarter, compared to the consensus estimate of $31.78 billion. Comcast had a net margin of 11.92% and a return on equity of 19.81%. The business’s revenue was up 6.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.08 earnings per share. On average, research analysts forecast that Comcast Co. will post 4.25 EPS for the current year.

Wall Street Analyst Weigh In

Several analysts recently commented on CMCSA shares. Evercore ISI upgraded shares of Comcast to a “strong-buy” rating in a report on Thursday, November 21st. Benchmark restated a “buy” rating and set a $60.00 price target on shares of Comcast in a report on Tuesday, November 19th. Wells Fargo & Company cut their price objective on Comcast from $46.00 to $45.00 and set an “equal weight” rating for the company in a report on Monday, January 6th. TD Cowen lowered their target price on Comcast from $50.00 to $48.00 and set a “buy” rating on the stock in a research note on Friday, November 1st. Finally, Seaport Res Ptn raised Comcast from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, December 11th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, ten have issued a buy rating and three have given a strong buy rating to the stock. According to data from MarketBeat.com, Comcast presently has a consensus rating of “Moderate Buy” and an average target price of $47.33.

Insider Buying and Selling

In other Comcast news, CEO Brian L. Roberts sold 234,464 shares of the business’s stock in a transaction dated Tuesday, November 26th. The shares were sold at an average price of $42.66, for a total value 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. The trade was a 3.40 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, President Michael J. Cavanagh sold 25,537 shares of the firm’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 transaction of $1,087,620.83. Following the sale, the president now directly owns 534,849 shares of the company’s stock, valued at approximately $22,779,218.91. The trade was a 4.56 % decrease in their position. The disclosure for this sale can be found here. 1.26% of the stock is owned by corporate 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.