Comcast Co. (NASDAQ:CMCSA) Shares Bought by Kozak & Associates Inc.

Kozak & Associates Inc. grew its holdings in Comcast Co. (NASDAQ:CMCSA) by 8.9% in the 4th quarter, HoldingsChannel reports. The firm owned 4,000 shares of the cable giant’s stock after purchasing an additional 327 shares during the quarter. Kozak & Associates Inc.’s holdings in Comcast were worth $151,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the business. Fairscale Capital LLC purchased a new position in shares of Comcast during the second quarter worth about $26,000. Strategic Financial Concepts LLC acquired a new stake in shares of Comcast in the 2nd quarter valued at about $27,000. McClarren Financial Advisors Inc. increased its position in Comcast by 365.4% during the third quarter. McClarren Financial Advisors Inc. now owns 726 shares of the cable giant’s stock worth $30,000 after buying an additional 570 shares during the period. Safe Harbor Fiduciary LLC purchased a new stake in Comcast in the third quarter valued at approximately $30,000. Finally, Iron Horse Wealth Management LLC grew its position in shares of Comcast by 220.3% during the third quarter. Iron Horse Wealth Management LLC now owns 759 shares of the cable giant’s stock worth $32,000 after acquiring an additional 522 shares during the last quarter. 84.32% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, CEO Brian L. Roberts sold 234,464 shares of the stock in a transaction that occurred on Tuesday, November 26th. The stock was sold at an average price of $42.66, for a total transaction of $10,002,234.24. Following the completion of the sale, the chief executive officer now owns 6,669,928 shares in the company, valued at $284,539,128.48. This represents a 3.40 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, President Michael J. Cavanagh sold 25,537 shares of Comcast stock in a transaction dated Tuesday, November 26th. The stock was sold at an average price of $42.59, for a total value of $1,087,620.83. Following the sale, the president now directly owns 534,849 shares in the company, valued at approximately $22,779,218.91. This trade represents a 4.56 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.26% of the company’s stock.

Comcast Price Performance

CMCSA stock traded up $0.05 on Monday, hitting $37.72. 8,244,829 shares of the company’s stock traded hands, compared to its average volume of 18,927,920. The stock has a market cap of $144.34 billion, a price-to-earnings ratio of 10.14, a P/E/G ratio of 1.50 and a beta of 1.01. Comcast Co. has a 1-year low of $36.43 and a 1-year high of $47.11. The stock has a fifty day moving average of $41.25 and a 200-day moving average of $40.30. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 1.14.

Comcast (NASDAQ:CMCSA) last posted its quarterly earnings data on Thursday, October 31st. The cable giant reported $1.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.06 by $0.06. The firm had revenue of $32.07 billion for the quarter, compared to the consensus estimate of $31.78 billion. Comcast had a return on equity of 19.81% and a net margin of 11.92%. The business’s revenue for the quarter was up 6.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.08 EPS. On average, analysts forecast that Comcast Co. will post 4.26 EPS for the current fiscal year.

Comcast Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 29th. Shareholders of record on Wednesday, January 8th will be issued a dividend of $0.31 per share. The ex-dividend date of this dividend is Wednesday, January 8th. This represents a $1.24 annualized dividend and a yield of 3.29%. Comcast’s dividend payout ratio (DPR) is currently 33.33%.

Analysts Set New Price Targets

A number of analysts recently weighed in on CMCSA shares. Seaport Res Ptn upgraded shares of Comcast from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, December 11th. Scotiabank raised Comcast from a “sector perform” rating to a “sector outperform” rating and raised their price target for the stock from $47.75 to $48.00 in a report on Friday, November 1st. StockNews.com downgraded Comcast from a “strong-buy” rating to a “buy” rating in a research note on Saturday. TD Cowen dropped their target price on Comcast from $50.00 to $48.00 and set a “buy” rating on the stock in a report on Friday, November 1st. Finally, Loop Capital decreased their price target on Comcast from $54.00 to $53.00 and set a “buy” rating for the company in a report on Thursday. One investment analyst has rated the stock with a sell rating, six have given a hold rating, eleven have issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, Comcast presently has an average rating of “Moderate Buy” and an average price target of $47.33.

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.