Comcast Co. (NASDAQ:CMCSA) was the target of a significant increase in short interest in the month of January. As of January 31st, there was short interest totalling 65,823,225 shares, an increase of 2.0% from the January 15th total of 64,541,259 shares. Based on an average daily volume of 27,615,886 shares, the short-interest ratio is presently 2.4 days. Currently, 1.5% of the shares of the company are sold short.

Shares of CMCSA stock traded down $0.60 during mid-day trading on Monday, reaching $37.00. 14,171,316 shares of the company’s stock traded hands, compared to its average volume of 22,949,762. Comcast has a 12 month low of $30.43 and a 12 month high of $40.42. The company has a debt-to-equity ratio of 1.48, a current ratio of 0.79 and a quick ratio of 0.79. The company has a market cap of $174.63 billion, a price-to-earnings ratio of 14.51, a PEG ratio of 1.12 and a beta of 1.03.

Comcast (NASDAQ:CMCSA) last issued its earnings results on Wednesday, January 23rd. The cable giant reported $0.64 earnings per share for the quarter, topping the consensus estimate of $0.62 by $0.02. The company had revenue of $27.85 billion during the quarter, compared to the consensus estimate of $27.56 billion. Comcast had a net margin of 12.41% and a return on equity of 16.49%. Comcast’s quarterly revenue was up 26.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.49 EPS. Equities research analysts expect that Comcast will post 2.75 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 24th. Shareholders of record on Wednesday, April 3rd will be paid a $0.21 dividend. The ex-dividend date is Tuesday, April 2nd. This represents a $0.84 annualized dividend and a yield of 2.27%. This is a boost from Comcast’s previous quarterly dividend of $0.19. Comcast’s payout ratio is presently 29.80%.

Several analysts have commented on CMCSA shares. Macquarie restated a “hold” rating and issued a $39.00 price objective on shares of Comcast in a report on Monday, December 24th. Credit Suisse Group upgraded shares of Comcast from a “neutral” rating to an “outperform” rating in a report on Friday, October 26th. Scotiabank set a $48.00 price objective on shares of Comcast and gave the stock a “buy” rating in a report on Wednesday, October 31st. Morgan Stanley began coverage on shares of Comcast in a report on Thursday, November 8th. They issued an “overweight” rating and a $46.00 price objective for the company. Finally, Evercore ISI began coverage on shares of Comcast in a report on Thursday, October 18th. They set an “outperform” rating for the company. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and sixteen have assigned a buy rating to the company’s stock. Comcast has a consensus rating of “Buy” and a consensus target price of $43.76.

In other news, Director Kenneth J. Bacon sold 7,636 shares of the firm’s stock in a transaction dated Monday, December 10th. The stock was sold at an average price of $37.04, for a total transaction of $282,837.44. Following the transaction, the director now directly owns 33,603 shares of the company’s stock, valued at $1,244,655.12. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Arthur R. Block sold 4,129 shares of the firm’s stock in a transaction dated Thursday, December 27th. The shares were sold at an average price of $33.80, for a total value of $139,560.20. Following the transaction, the executive vice president now directly owns 67,912 shares in the company, valued at $2,295,425.60. The disclosure for this sale can be found here. Over the last three months, insiders have sold 294,099 shares of company stock valued at $10,866,899. 1.31% of the stock is owned by corporate insiders.

A number of hedge funds have recently made changes to their positions in the business. Acima Private Wealth LLC bought a new position in Comcast during the 4th quarter valued at about $25,000. Litman Gregory Asset Management LLC bought a new position in Comcast in the 4th quarter worth about $30,000. Ironwood Financial llc bought a new position in Comcast in the 4th quarter worth about $32,000. IMS Capital Management bought a new position in Comcast in the 3rd quarter worth about $38,000. Finally, Ipswich Investment Management Co. Inc. bought a new position in shares of Comcast during the fourth quarter valued at approximately $52,000. Institutional investors and hedge funds own 80.66% of the company’s stock.

COPYRIGHT VIOLATION WARNING: “Short Interest in Comcast Co. (CMCSA) Increases By 2.0%” was originally reported by TheOlympiaReport and is the property of of TheOlympiaReport. If you are reading this piece of content on another website, it was copied illegally and republished in violation of U.S. & international copyright and trademark law. The original version of this piece of content can be viewed at

Comcast Company Profile

Comcast Corporation operates as a media and technology company worldwide. It operates through Cable Communications, Cable Networks, Broadcast Television, Filmed Entertainment, Theme Parks, and Sky segments. The Cable Communications segment offers cable services, including high-speed Internet, video, voice, and security and automation services to residential and business customers under the Xfinity name; and advertising services.

Further Reading: What is the Rule of 72?

Receive News & Ratings for Comcast Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Comcast and related companies with's FREE daily email newsletter.