Comcast Co. (NASDAQ:CMCSA) Shares Bought by Trilogy Capital Inc.

Trilogy Capital Inc. boosted its stake in shares of Comcast Co. (NASDAQ:CMCSA) by 1.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 68,362 shares of the cable giant’s stock after acquiring an additional 1,121 shares during the quarter. Trilogy Capital Inc.’s holdings in Comcast were worth $2,855,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Koshinski Asset Management Inc. lifted its holdings in shares of Comcast by 0.8% in the 3rd quarter. Koshinski Asset Management Inc. now owns 30,584 shares of the cable giant’s stock valued at $1,277,000 after buying an additional 249 shares during the period. Regent Peak Wealth Advisors LLC raised its position in Comcast by 3.1% in the third quarter. Regent Peak Wealth Advisors LLC now owns 8,445 shares of the cable giant’s stock worth $353,000 after acquiring an additional 257 shares in the last quarter. Greenwich Wealth Management LLC lifted its holdings in Comcast by 2.7% in the second quarter. Greenwich Wealth Management LLC now owns 9,754 shares of the cable giant’s stock valued at $382,000 after acquiring an additional 261 shares during the period. Saxon Interests Inc. boosted its position in shares of Comcast by 2.0% during the 3rd quarter. Saxon Interests Inc. now owns 13,554 shares of the cable giant’s stock worth $566,000 after purchasing an additional 262 shares in the last quarter. Finally, Verum Partners LLC grew its stake in shares of Comcast by 4.9% during the 2nd quarter. Verum Partners LLC now owns 5,663 shares of the cable giant’s stock worth $222,000 after purchasing an additional 267 shares during the period. 84.32% of the stock is owned by institutional investors and hedge funds.

Comcast Trading Down 0.7 %

Shares of CMCSA stock opened at $41.93 on Monday. Comcast Co. has a twelve month low of $36.43 and a twelve month high of $47.11. The company has a market capitalization of $164.52 billion, a price-to-earnings ratio of 11.09, a PEG ratio of 1.10 and a beta of 1.01. The firm has a 50-day moving average price of $40.30 and a 200 day moving average price of $39.44. The company has a current ratio of 0.66, a quick ratio of 0.66 and a debt-to-equity ratio of 1.16.

Comcast (NASDAQ:CMCSA) last posted its quarterly earnings results on Tuesday, July 23rd. The cable giant reported $1.21 EPS for the quarter, beating the consensus estimate of $1.12 by $0.09. The company had revenue of $29.69 billion during the quarter, compared to analysts’ expectations of $30.02 billion. Comcast had a return on equity of 20.17% and a net margin of 12.46%. The firm’s revenue was down 2.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.13 EPS. Research analysts forecast that Comcast Co. will post 4.23 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts recently commented on CMCSA shares. Barclays reduced their price objective on shares of Comcast from $41.00 to $40.00 and set an “equal weight” rating for the company in a research note on Thursday, July 25th. Evercore ISI reduced their price target on shares of Comcast from $50.00 to $48.00 and set an “outperform” rating for the company in a research report on Tuesday, July 2nd. Scotiabank upped their price target on Comcast from $47.25 to $47.75 and gave the stock a “sector perform” rating in a report on Friday. Deutsche Bank Aktiengesellschaft reduced their price objective on Comcast from $50.00 to $49.00 and set a “buy” rating for the company in a report on Wednesday, July 24th. Finally, Seaport Res Ptn downgraded Comcast from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 24th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and nine have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $45.58.

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.