Securian Asset Management Inc raised its stake in shares of Comcast Co. (NASDAQ:CMCSA) by 1.1% during the 2nd quarter, Holdings Channel.com reports. The fund owned 471,971 shares of the cable giant’s stock after purchasing an additional 5,134 shares during the quarter. Securian Asset Management Inc’s holdings in Comcast were worth $19,955,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Massey Quick Simon & CO. LLC lifted its stake in shares of Comcast by 10.3% in the 2nd quarter. Massey Quick Simon & CO. LLC now owns 4,321 shares of the cable giant’s stock worth $183,000 after purchasing an additional 403 shares during the period. Kahn Brothers Group Inc. DE lifted its stake in shares of Comcast by 261.2% in the 2nd quarter. Kahn Brothers Group Inc. DE now owns 6,010 shares of the cable giant’s stock worth $254,000 after purchasing an additional 4,346 shares during the period. Schaper Benz & Wise Investment Counsel Inc. WI lifted its stake in shares of Comcast by 0.4% in the 2nd quarter. Schaper Benz & Wise Investment Counsel Inc. WI now owns 464,785 shares of the cable giant’s stock worth $19,651,000 after purchasing an additional 1,626 shares during the period. Gilbert & Cook Inc. lifted its stake in shares of Comcast by 33.0% in the 2nd quarter. Gilbert & Cook Inc. now owns 8,065 shares of the cable giant’s stock worth $341,000 after purchasing an additional 1,999 shares during the period. Finally, 180 Wealth Advisors LLC lifted its stake in shares of Comcast by 99.1% in the 2nd quarter. 180 Wealth Advisors LLC now owns 21,070 shares of the cable giant’s stock worth $903,000 after purchasing an additional 10,490 shares during the period. Institutional investors and hedge funds own 82.85% of the company’s stock.

CMCSA traded up $0.41 during trading on Tuesday, reaching $44.41. 536,010 shares of the company traded hands, compared to its average volume of 17,544,886. The company has a debt-to-equity ratio of 1.30, a quick ratio of 0.69 and a current ratio of 0.69. Comcast Co. has a 12-month low of $32.61 and a 12-month high of $45.29. The firm has a fifty day simple moving average of $43.49 and a 200 day simple moving average of $41.45. The company has a market cap of $195.97 billion, a P/E ratio of 17.41, a PEG ratio of 1.19 and a beta of 1.08.

Comcast (NASDAQ:CMCSA) last announced its quarterly earnings data on Thursday, July 25th. The cable giant reported $0.78 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.75 by $0.03. Comcast had a net margin of 11.64% and a return on equity of 17.50%. The business had revenue of $26.86 billion during the quarter, compared to analyst estimates of $27.08 billion. During the same period last year, the firm posted $0.65 EPS. The company’s revenue was up 23.6% on a year-over-year basis. As a group, sell-side analysts expect that Comcast Co. will post 3.07 earnings per share for the current fiscal year.

In other Comcast news, SVP Daniel C. Murdock sold 1,701 shares of the stock in a transaction that occurred on Thursday, June 13th. The shares were sold at an average price of $41.46, for a total transaction of $70,523.46. Following the completion of the sale, the senior vice president now directly owns 4,712 shares of the company’s stock, valued at approximately $195,359.52. The sale was disclosed in a legal filing with the SEC, which is available at this link. Company insiders own 1.35% of the company’s stock.

Several brokerages have recently weighed in on CMCSA. ValuEngine cut shares of Comcast from a “hold” rating to a “sell” rating in a research note on Thursday, August 1st. TD Securities increased their target price on shares of Comcast from $50.00 to $57.00 and gave the stock a “buy” rating in a report on Monday, April 29th. Pivotal Research reissued a “buy” rating and issued a $54.00 target price on shares of Comcast in a report on Wednesday, June 26th. Goldman Sachs Group raised shares of Comcast from a “neutral” rating to a “buy” rating and increased their target price for the stock from $44.00 to $54.00 in a report on Wednesday, July 10th. Finally, KeyCorp increased their target price on shares of Comcast from $43.00 to $50.00 and gave the stock an “overweight” rating in a report on Friday, April 26th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and eighteen have assigned a buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of $45.44.

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.

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Institutional Ownership by Quarter for Comcast (NASDAQ:CMCSA)

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