Sava Infond d.o.o. Purchases Shares of 3,200 Comcast Co. (NASDAQ:CMCSA)

Sava Infond d.o.o. acquired a new position in shares of Comcast Co. (NASDAQ:CMCSA) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 3,200 shares of the cable giant’s stock, valued at approximately $120,000.

Several other large investors have also recently made changes to their positions in CMCSA. Promus Capital LLC purchased a new stake in shares of Comcast in the fourth quarter valued at approximately $25,000. Winch Advisory Services LLC grew its stake in Comcast by 269.9% in the 4th quarter. Winch Advisory Services LLC now owns 688 shares of the cable giant’s stock valued at $26,000 after acquiring an additional 502 shares during the period. Roxbury Financial LLC purchased a new stake in Comcast in the 4th quarter worth $27,000. Wingate Wealth Advisors Inc. purchased a new position in Comcast during the fourth quarter valued at $28,000. Finally, Safe Harbor Fiduciary LLC acquired a new stake in shares of Comcast in the third quarter valued at about $30,000. 84.32% of the stock is currently owned by institutional investors and hedge funds.

Comcast Price Performance

Shares of NASDAQ:CMCSA opened at $37.37 on Friday. The company has a market capitalization of $141.30 billion, a price-to-earnings ratio of 9.00, a PEG ratio of 1.78 and a beta of 1.00. Comcast Co. has a 12-month low of $32.50 and a 12-month high of $45.31. The business has a 50-day moving average price of $35.89 and a 200 day moving average price of $39.01. 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 (NASDAQ:CMCSA) last announced its quarterly earnings results on Thursday, January 30th. The cable giant reported $0.96 earnings per share for the quarter, beating analysts’ consensus estimates of $0.88 by $0.08. Comcast had a net margin of 13.09% and a return on equity of 19.98%. Sell-side analysts expect that Comcast Co. will post 4.33 EPS for the current year.

Comcast Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 23rd. Stockholders of record on Wednesday, April 2nd will be given a dividend of $0.33 per share. This is a positive change from Comcast’s previous quarterly dividend of $0.31. This represents a $1.32 annualized dividend and a dividend yield of 3.53%. The ex-dividend date is Wednesday, April 2nd. Comcast’s dividend payout ratio (DPR) is currently 31.81%.

Analysts Set New Price Targets

Several research firms recently weighed in on CMCSA. The Goldman Sachs Group reduced their price target on shares of Comcast from $50.00 to $44.00 and set a “buy” rating for the company in a research report on Friday, January 31st. BNP Paribas raised Comcast from an “underperform” rating to a “neutral” rating and set a $35.00 price target on the stock in a research note on Friday, January 31st. Rosenblatt Securities reduced their price objective on Comcast from $45.00 to $36.00 and set a “neutral” rating for the company in a research note on Monday, February 3rd. StockNews.com raised shares of Comcast from a “buy” rating to a “strong-buy” rating in a research note on Thursday, February 27th. Finally, UBS Group reduced their target price on shares of Comcast from $47.00 to $40.00 and set a “neutral” rating for the company in a research report on Tuesday. Ten equities research analysts have rated the stock with a hold rating, nine have given a buy rating and three have given a strong buy rating to the company. According to data from MarketBeat.com, Comcast presently has an average rating of “Moderate Buy” and an average target price of $43.64.

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.