CHICAGO TRUST Co NA raised its stake in Comcast Co. (NASDAQ:CMCSA) by 12.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 18,483 shares of the cable giant’s stock after acquiring an additional 2,113 shares during the period. CHICAGO TRUST Co NA’s holdings in Comcast were worth $834,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Krane Funds Advisors LLC acquired a new position in Comcast in the second quarter worth $25,000. Evolution Wealth Advisors LLC acquired a new position in Comcast in the second quarter worth $26,000. Mackey Komara & Dankovich LLC boosted its stake in Comcast by 52.2% in the second quarter. Mackey Komara & Dankovich LLC now owns 1,032 shares of the cable giant’s stock worth $29,000 after purchasing an additional 354 shares in the last quarter. Bray Capital Advisors acquired a new position in Comcast in the second quarter worth $30,000. Finally, Litman Gregory Asset Management LLC acquired a new position in Comcast in the second quarter worth $31,000. Hedge funds and other institutional investors own 82.75% of the company’s stock.

NASDAQ CMCSA traded up $0.27 on Wednesday, reaching $44.38. The company had a trading volume of 9,368,583 shares, compared to its average volume of 18,132,676. The stock’s 50 day moving average is $45.05 and its 200-day moving average is $43.13. The stock has a market cap of $202.66 billion, a price-to-earnings ratio of 17.40, a PEG ratio of 1.22 and a beta of 1.08. The company has a quick ratio of 0.69, a current ratio of 0.69 and a debt-to-equity ratio of 1.30. Comcast Co. has a 52 week low of $32.61 and a 52 week high of $47.27.

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

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 23rd. Investors of record on Wednesday, October 2nd will be issued a $0.21 dividend. The ex-dividend date is Tuesday, October 1st. This represents a $0.84 dividend on an annualized basis and a yield of 1.89%. Comcast’s dividend payout ratio is presently 32.94%.

A number of research firms have commented on CMCSA. Oppenheimer raised Comcast from a “market perform” rating to an “outperform” rating and set a $54.00 price objective on the stock in a research note on Thursday, September 5th. Citigroup boosted their price objective on Comcast from $50.00 to $56.00 and gave the stock a “buy” rating in a research note on Friday, October 4th. Morgan Stanley upped their price target on Comcast from $48.00 to $51.00 and gave the company an “overweight” rating in a research note on Friday, July 26th. Bank of America set a $58.00 price target on Comcast and gave the company a “buy” rating in a research note on Wednesday, August 21st. Finally, Benchmark assumed coverage on Comcast in a research note on Wednesday, September 25th. They set a “buy” rating and a $64.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and twenty-three have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $48.70.

In other Comcast news, Director Kenneth J. Bacon sold 4,000 shares of the stock in a transaction dated Wednesday, September 4th. The stock was sold at an average price of $45.03, for a total value of $180,120.00. Following the completion of the sale, the director now directly owns 29,603 shares in the company, valued at $1,333,023.09. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Daniel C. Murdock sold 848 shares of the stock in a transaction dated Thursday, August 22nd. The stock was sold at an average price of $44.23, for a total value of $37,507.04. Following the completion of the sale, the senior vice president now owns 3,419 shares of the company’s stock, valued at $151,222.37. The disclosure for this sale can be found here. Corporate insiders own 1.35% of the company’s stock.

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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