Humankind Investments LLC Has $916,000 Position in Comcast Co. (NASDAQ:CMCSA)

Humankind Investments LLC cut its holdings in shares of Comcast Co. (NASDAQ:CMCSA) by 2.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 24,403 shares of the cable giant’s stock after selling 725 shares during the period. Humankind Investments LLC’s holdings in Comcast were worth $916,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Promus Capital LLC acquired a new position in shares of Comcast during the fourth quarter worth $25,000. Winch Advisory Services LLC lifted its holdings 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 buying an additional 502 shares during the period. Roxbury Financial LLC acquired a new position in Comcast during the 4th quarter worth about $27,000. Wingate Wealth Advisors Inc. acquired a new stake in shares of Comcast in the fourth quarter valued at about $28,000. Finally, Marshall & Sterling Wealth Advisors Inc. bought a new position in shares of Comcast during the fourth quarter worth about $36,000. 84.32% of the stock is owned by institutional investors.

Comcast Price Performance

Comcast stock opened at $34.25 on Friday. Comcast Co. has a 52 week low of $31.44 and a 52 week high of $45.31. The company’s 50 day moving average price is $35.01 and its two-hundred day moving average price is $37.54. The stock has a market cap of $127.88 billion, a P/E ratio of 8.25, a P/E/G ratio of 1.78 and a beta of 0.97. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 1.09.

Comcast (NASDAQ:CMCSA) last posted its quarterly earnings data on Thursday, April 24th. The cable giant reported $1.09 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.08. Comcast had a return on equity of 19.98% and a net margin of 13.09%. The business had revenue of $29.89 billion for the quarter, compared to analysts’ expectations of $29.82 billion. During the same quarter in the previous year, the firm earned $1.04 earnings per share. The business’s revenue was down .6% on a year-over-year basis. On average, equities analysts predict that Comcast Co. will post 4.33 earnings per share for the current year.

Analyst Ratings Changes

A number of analysts have weighed in on CMCSA shares. Wells Fargo & Company downgraded shares of Comcast from an “equal weight” rating to an “underweight” rating and decreased their target price for the company from $37.00 to $31.00 in a research report on Monday, April 14th. The Goldman Sachs Group lowered their target price 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. Sanford C. Bernstein set a $38.00 price target on shares of Comcast in a research report on Friday, January 31st. Macquarie lowered their price objective on Comcast from $42.00 to $36.00 and set a “neutral” rating for the company in a research report on Friday, January 31st. Finally, Bank of America lowered Comcast from a “buy” rating to a “neutral” rating and cut their target price for the company from $50.00 to $38.00 in a research report on Friday, January 31st. Two 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’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $42.10.

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.