Toronto Dominion Bank Has $109.51 Million Stake in Comcast Co. (NASDAQ:CMCSA)

Toronto Dominion Bank increased its holdings in shares of Comcast Co. (NASDAQ:CMCSA) by 6.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,918,095 shares of the cable giant’s stock after acquiring an additional 172,871 shares during the quarter. Toronto Dominion Bank’s holdings in Comcast were worth $109,513,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the business. Integrated Investment Consultants LLC lifted its position in shares of Comcast by 1.8% during the 4th quarter. Integrated Investment Consultants LLC now owns 16,581 shares of the cable giant’s stock valued at $622,000 after acquiring an additional 291 shares during the period. Five Oceans Advisors increased its position in shares of Comcast by 2.5% in the fourth quarter. Five Oceans Advisors now owns 12,336 shares of the cable giant’s stock worth $463,000 after purchasing an additional 298 shares during the period. Kovack Advisors Inc. lifted its position in Comcast by 1.1% during the fourth quarter. Kovack Advisors Inc. now owns 26,470 shares of the cable giant’s stock worth $993,000 after purchasing an additional 300 shares during the period. Beck Mack & Oliver LLC grew its stake in Comcast by 2.0% during the fourth quarter. Beck Mack & Oliver LLC now owns 15,539 shares of the cable giant’s stock worth $583,000 after buying an additional 300 shares in the last quarter. Finally, Avitas Wealth Management LLC increased its holdings in Comcast by 0.6% in the 4th quarter. Avitas Wealth Management LLC now owns 58,490 shares of the cable giant’s stock valued at $2,195,000 after buying an additional 328 shares during the period. Institutional investors own 84.32% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently issued reports on CMCSA. UBS Group set a $44.50 price target on shares of Comcast in a research report on Friday, April 25th. Benchmark decreased their price target on Comcast from $57.00 to $55.00 and set a “buy” rating on the stock in a research note on Friday, January 31st. StockNews.com upgraded Comcast from a “buy” rating to a “strong-buy” rating in a research report on Thursday, February 27th. Bank of America cut Comcast from a “buy” rating to a “neutral” rating and decreased their target price for the company from $50.00 to $38.00 in a research report on Friday, January 31st. Finally, JPMorgan Chase & Co. dropped their target price on shares of Comcast from $45.00 to $39.00 and set a “neutral” rating for the company in a report on Friday, January 31st. Two research analysts have rated the stock with a sell rating, nine have given a hold rating, nine have assigned a buy rating and three have given a strong buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $42.10.

Comcast Stock Up 0.4%

Shares of CMCSA opened at $35.48 on Friday. The company has a market capitalization of $132.47 billion, a PE ratio of 8.55, a PEG ratio of 1.78 and a beta of 0.97. The stock’s 50-day moving average price is $34.88 and its two-hundred day moving average price is $37.30. 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.

Comcast (NASDAQ:CMCSA) last announced its earnings results on Thursday, April 24th. The cable giant reported $1.09 EPS for the quarter, beating 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 period in the prior year, the business posted $1.04 earnings per share. The firm’s revenue was down .6% on a year-over-year basis. On average, analysts anticipate that Comcast Co. will post 4.33 EPS for the current year.

Comcast Company 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.