56,181 Shares in Comcast Co. (NASDAQ:CMCSA) Purchased by Landscape Capital Management L.L.C.

Landscape Capital Management L.L.C. bought a new stake in Comcast Co. (NASDAQ:CMCSAFree Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 56,181 shares of the cable giant’s stock, valued at approximately $2,108,000.

A number of other large investors have also recently bought and sold shares of the company. Norges Bank acquired a new position in shares of Comcast during the 4th quarter worth approximately $3,835,226,000. Raymond James Financial Inc. bought a new position in shares of Comcast in the fourth quarter valued at $743,681,000. Amundi increased its holdings in Comcast by 147.9% during the fourth quarter. Amundi now owns 24,086,671 shares of the cable giant’s stock worth $895,499,000 after buying an additional 14,369,056 shares during the last quarter. Wilmington Savings Fund Society FSB raised its position in Comcast by 55,334.5% during the third quarter. Wilmington Savings Fund Society FSB now owns 8,273,052 shares of the cable giant’s stock worth $345,565,000 after acquiring an additional 8,258,128 shares in the last quarter. Finally, First Eagle Investment Management LLC lifted its stake in Comcast by 7.1% in the fourth quarter. First Eagle Investment Management LLC now owns 34,101,077 shares of the cable giant’s stock valued at $1,279,813,000 after acquiring an additional 2,270,186 shares during the last quarter. Institutional investors and hedge funds own 84.32% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the stock. Macquarie dropped their target price on shares of Comcast from $42.00 to $36.00 and set a “neutral” rating on the stock in a report on Friday, January 31st. Citigroup cut their price objective on Comcast from $47.00 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 target price on the stock in a report on Friday, January 31st. Bank of America downgraded Comcast from a “buy” rating to a “neutral” rating and cut their price target for the company from $50.00 to $38.00 in a report on Friday, January 31st. Finally, Rosenblatt Securities decreased their price objective on shares of Comcast from $45.00 to $36.00 and set a “neutral” rating on the stock in a report on Monday, February 3rd. Ten equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and three have assigned a strong buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $43.08.

Get Our Latest Stock Report on Comcast

Comcast Stock Down 6.6 %

Shares of CMCSA opened at $33.38 on Friday. The firm has a 50 day simple moving average of $35.76 and a two-hundred day simple moving average of $38.87. The company has a debt-to-equity ratio of 1.09, a current ratio of 0.68 and a quick ratio of 0.68. Comcast Co. has a one year low of $32.50 and a one year high of $45.31. The company has a market cap of $126.21 billion, a P/E ratio of 8.04, a P/E/G ratio of 1.78 and a beta of 0.94.

Comcast (NASDAQ:CMCSAGet Free Report) last announced its quarterly earnings data on Thursday, January 30th. The cable giant reported $0.96 earnings per share for the quarter, topping the consensus estimate of $0.88 by $0.08. Comcast had a return on equity of 19.98% and a net margin of 13.09%. Research analysts forecast that Comcast Co. will post 4.33 EPS for the current fiscal year.

Comcast Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 23rd. Investors of record on Wednesday, April 2nd will be issued a dividend of $0.33 per share. The ex-dividend date is Wednesday, April 2nd. 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 3.95%. Comcast’s payout ratio is 31.81%.

Comcast Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Comcast (NASDAQ:CMCSA)

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