Deprince Race & Zollo Inc. Has $33.49 Million Holdings in Comcast Co. (NASDAQ:CMCSA)

Deprince Race & Zollo Inc. lifted its holdings in shares of Comcast Co. (NASDAQ:CMCSA) by 8.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 892,332 shares of the cable giant’s stock after buying an additional 65,739 shares during the period. Deprince Race & Zollo Inc.’s holdings in Comcast were worth $33,489,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Range Financial Group LLC bought a new position in Comcast in the 4th quarter valued at about $245,000. InvesTrust bought a new position in shares of Comcast during the fourth quarter worth approximately $441,000. Michael S. Ryan Inc. lifted its holdings in Comcast by 19.6% during the 4th quarter. Michael S. Ryan Inc. now owns 8,685 shares of the cable giant’s stock worth $326,000 after purchasing an additional 1,424 shares during the last quarter. Fortitude Family Office LLC grew its holdings in Comcast by 36.1% in the 4th quarter. Fortitude Family Office LLC now owns 2,251 shares of the cable giant’s stock valued at $84,000 after buying an additional 597 shares in the last quarter. Finally, ORG Partners LLC increased its position in Comcast by 53.9% during the 4th quarter. ORG Partners LLC now owns 4,772 shares of the cable giant’s stock worth $179,000 after buying an additional 1,672 shares during the period. Institutional investors and hedge funds own 84.32% of the company’s stock.

Comcast Stock Down 0.3 %

Shares of NASDAQ CMCSA opened at $34.39 on Thursday. The stock has a market capitalization of $128.40 billion, a PE ratio of 8.29, a price-to-earnings-growth ratio of 1.78 and a beta of 0.97. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 1.09. Comcast Co. has a 12-month low of $31.44 and a 12-month high of $45.31. The stock’s fifty day simple moving average is $35.07 and its two-hundred day simple moving average is $37.66.

Comcast (NASDAQ:CMCSA) last issued its quarterly earnings data on Thursday, April 24th. The cable giant reported $1.09 EPS for the quarter, beating the consensus estimate of $1.01 by $0.08. The firm had revenue of $29.89 billion during the quarter, compared to analyst estimates of $29.82 billion. Comcast had a return on equity of 19.98% and a net margin of 13.09%. The business’s revenue for the quarter was down .6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.04 EPS. As a group, analysts expect that Comcast Co. will post 4.33 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research firms recently commented on CMCSA. Scotiabank reaffirmed a “sector perform” rating and set a $44.50 price target (down from $45.00) on shares of Comcast in a research report on Friday, April 25th. Rosenblatt Securities reiterated a “neutral” rating and issued a $36.00 price target on shares of Comcast in a research report on Monday, April 28th. Barclays lowered their price objective on Comcast from $37.00 to $35.00 and set an “equal weight” rating on the stock in a research note on Monday, April 28th. Wells Fargo & Company lowered Comcast from an “equal weight” rating to an “underweight” rating and reduced their target price for the stock from $37.00 to $31.00 in a report on Monday, April 14th. Finally, Bank of America cut shares of Comcast from a “buy” rating to a “neutral” rating and cut their price objective for the stock from $50.00 to $38.00 in a research report on Friday, January 31st. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating, nine have given a buy rating and three have assigned a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $42.10.

About Comcast

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.