Comcast Co. (NASDAQ:CMCSA) Shares Purchased by Catalyst Financial Partners LLC

Catalyst Financial Partners LLC boosted its position in Comcast Co. (NASDAQ:CMCSAFree Report) by 1.9% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 18,370 shares of the cable giant’s stock after acquiring an additional 342 shares during the period. Catalyst Financial Partners LLC’s holdings in Comcast were worth $767,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of CMCSA. Advisor Resource Council increased its stake in Comcast by 75.1% during the first quarter. Advisor Resource Council now owns 9,615 shares of the cable giant’s stock worth $421,000 after acquiring an additional 4,123 shares during the last quarter. American National Bank & Trust Co. VA acquired a new position in shares of Comcast during the first quarter worth about $426,000. Norden Group LLC boosted its position in shares of Comcast by 15.8% in the first quarter. Norden Group LLC now owns 21,212 shares of the cable giant’s stock worth $920,000 after buying an additional 2,902 shares during the period. J.W. Cole Advisors Inc. grew its stake in shares of Comcast by 3.0% in the first quarter. J.W. Cole Advisors Inc. now owns 62,547 shares of the cable giant’s stock valued at $2,696,000 after buying an additional 1,830 shares in the last quarter. Finally, Diversify Advisory Services LLC purchased a new stake in shares of Comcast during the 1st quarter valued at about $3,131,000. 84.32% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

CMCSA has been the subject of a number of analyst reports. Rosenblatt Securities restated a “neutral” rating and issued a $45.00 price target on shares of Comcast in a report on Wednesday, July 24th. Barclays lowered their price target on shares of Comcast from $41.00 to $40.00 and set an “equal weight” rating for the company in a report on Thursday, July 25th. Scotiabank boosted their price objective on shares of Comcast from $47.25 to $47.75 and gave the stock a “sector perform” rating in a report on Friday, October 18th. Deutsche Bank Aktiengesellschaft lowered their target price on Comcast from $50.00 to $49.00 and set a “buy” rating for the company in a research note on Wednesday, July 24th. Finally, Pivotal Research dropped their target price on Comcast from $48.00 to $47.00 and set a “buy” rating on the stock in a research report on Wednesday, July 24th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $45.58.

Get Our Latest Report on Comcast

Comcast Price Performance

NASDAQ CMCSA opened at $42.24 on Thursday. Comcast Co. has a 52 week low of $36.43 and a 52 week high of $47.11. The stock has a market cap of $165.73 billion, a price-to-earnings ratio of 11.17, a price-to-earnings-growth ratio of 1.10 and a beta of 1.01. The company has a 50-day moving average price of $40.64 and a two-hundred day moving average price of $39.52. The company has a current ratio of 0.66, a quick ratio of 0.66 and a debt-to-equity ratio of 1.16.

Comcast Company Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Comcast (NASDAQ:CMCSA)

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