Nwam LLC Has $1.15 Million Stock Holdings in Comcast Co. (NASDAQ:CMCSA)

Nwam LLC decreased its position in shares of Comcast Co. (NASDAQ:CMCSA) by 1.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 30,627 shares of the cable giant’s stock after selling 525 shares during the period. Nwam LLC’s holdings in Comcast were worth $1,149,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Winch Advisory Services LLC increased its stake in shares of 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 during the last quarter. Roxbury Financial LLC bought a new position in Comcast during the fourth quarter valued at about $27,000. Wingate Wealth Advisors Inc. acquired a new stake in shares of Comcast in the fourth quarter worth about $28,000. Safe Harbor Fiduciary LLC acquired a new stake in shares of Comcast in the third quarter worth about $30,000. Finally, Dunhill Financial LLC boosted its stake in shares of Comcast by 54.8% during the 3rd quarter. Dunhill Financial LLC now owns 814 shares of the cable giant’s stock worth $34,000 after acquiring an additional 288 shares in the last quarter. Hedge funds and other institutional investors own 84.32% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. Barclays reduced their target price on Comcast from $42.00 to $37.00 and set an “equal weight” rating for the company in a report on Monday, February 3rd. The Goldman Sachs Group reduced their price objective on shares of Comcast from $50.00 to $44.00 and set a “buy” rating for the company in a research note on Friday, January 31st. Citigroup lowered their target price on shares of Comcast from $47.00 to $44.00 and set a “buy” rating on the stock in a research note on Friday, January 31st. JPMorgan Chase & Co. cut their target price on shares of Comcast from $45.00 to $39.00 and set a “neutral” rating for the company in a research report on Friday, January 31st. Finally, Evercore ISI raised Comcast to a “strong-buy” rating in a research report on Thursday, November 21st. Nine analysts have rated the stock with a hold rating, nine have assigned a buy rating and three have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $43.83.

Comcast Trading Up 0.8 %

Shares of Comcast stock opened at $35.39 on Friday. Comcast Co. has a 52-week low of $32.50 and a 52-week high of $45.31. The firm has a market capitalization of $133.81 billion, a PE ratio of 8.53, a price-to-earnings-growth ratio of 1.78 and a beta of 1.00. The company has a debt-to-equity ratio of 1.09, a current ratio of 0.68 and a quick ratio of 0.68. The company’s fifty day moving average price is $36.37 and its two-hundred day moving average price is $39.49.

Comcast (NASDAQ:CMCSA) last announced its quarterly earnings results on Thursday, January 30th. The cable giant reported $0.96 earnings per share for the quarter, beating analysts’ consensus estimates of $0.88 by $0.08. Comcast had a return on equity of 19.98% and a net margin of 13.09%. On average, analysts expect that Comcast Co. will post 4.33 EPS for the current year.

Comcast Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 23rd. Stockholders of record on Wednesday, April 2nd will be paid a $0.33 dividend. The ex-dividend date is Wednesday, April 2nd. This represents a $1.32 dividend on an annualized basis and a dividend yield of 3.73%. This is a boost from Comcast’s previous quarterly dividend of $0.31. Comcast’s payout ratio is 31.81%.

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.