Holistic Planning LLC Has $221,000 Stock Holdings in Comcast Co. (NASDAQ:CMCSA)

Holistic Planning LLC trimmed its position in Comcast Co. (NASDAQ:CMCSA) by 6.1% in the fourth quarter, Holdings Channel.com reports. The firm owned 5,892 shares of the cable giant’s stock after selling 382 shares during the period. Holistic Planning LLC’s holdings in Comcast were worth $221,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. AMF Tjanstepension AB grew its stake in shares of Comcast by 18.9% during the third quarter. AMF Tjanstepension AB now owns 832,594 shares of the cable giant’s stock worth $34,810,000 after purchasing an additional 132,442 shares during the period. Czech National Bank increased its stake in shares of Comcast by 5.5% in the 3rd quarter. Czech National Bank now owns 786,946 shares of the cable giant’s stock valued at $32,871,000 after acquiring an additional 41,061 shares during the last quarter. GAMMA Investing LLC raised its position in shares of Comcast by 41.9% in the 3rd quarter. GAMMA Investing LLC now owns 55,912 shares of the cable giant’s stock valued at $2,335,000 after acquiring an additional 16,507 shares during the period. Diversified Trust Co boosted its stake in Comcast by 16.7% during the 3rd quarter. Diversified Trust Co now owns 208,262 shares of the cable giant’s stock worth $8,699,000 after acquiring an additional 29,730 shares during the last quarter. Finally, Miracle Mile Advisors LLC grew its holdings in Comcast by 6.1% during the third quarter. Miracle Mile Advisors LLC now owns 8,058 shares of the cable giant’s stock valued at $337,000 after purchasing an additional 466 shares during the period. 84.32% of the stock is owned by institutional investors.

Comcast Stock Up 1.2 %

Comcast stock opened at $33.66 on Monday. Comcast Co. has a fifty-two week low of $32.50 and a fifty-two week high of $47.11. The firm has a market capitalization of $128.80 billion, a PE ratio of 8.11, a P/E/G ratio of 1.23 and a beta of 1.00. The company’s 50-day moving average is $38.61 and its 200-day moving average is $40.07. The company has a debt-to-equity ratio of 1.09, a current ratio of 0.68 and a quick ratio of 0.72.

Comcast (NASDAQ:CMCSA) last released its quarterly earnings data on Thursday, January 30th. The cable giant reported $0.96 earnings per share (EPS) for the quarter, beating 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%. Sell-side analysts anticipate that Comcast Co. will post 4.4 earnings per share for the current year.

Comcast Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 23rd. Shareholders of record on Wednesday, April 2nd will be given a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a yield of 3.92%. This is a boost from Comcast’s previous quarterly dividend of $0.31. The ex-dividend date of this dividend is Wednesday, April 2nd. Comcast’s payout ratio is 29.88%.

Insider Activity

In other Comcast news, CEO Brian L. Roberts sold 234,464 shares of the company’s stock in a transaction on Tuesday, November 26th. The stock was sold at an average price of $42.66, for a total value of $10,002,234.24. Following the transaction, the chief executive officer now directly owns 6,669,928 shares of the company’s stock, valued at $284,539,128.48. This represents a 3.40 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, President Michael J. Cavanagh sold 25,537 shares of Comcast stock in a transaction on 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 of the company’s stock, valued at $22,779,218.91. This represents a 4.56 % decrease in their position. The disclosure for this sale can be found here. Insiders own 1.26% of the company’s stock.

Analysts Set New Price Targets

Several research firms have weighed in on CMCSA. StockNews.com upgraded shares of Comcast from a “buy” rating to a “strong-buy” rating in a report on Friday, January 17th. Scotiabank cut Comcast from a “sector outperform” rating to a “sector perform” rating and lowered their target price for the stock from $48.00 to $44.50 in a research note on Monday. Morgan Stanley cut their price target on shares of Comcast from $45.00 to $38.00 and set an “equal weight” rating on the stock in a research note on Friday. TD Cowen lowered their price objective on shares of Comcast from $50.00 to $48.00 and set a “buy” rating for the company in a research report on Friday, November 1st. Finally, Rosenblatt Securities cut their price objective on shares of Comcast from $45.00 to $36.00 and set a “neutral” rating on the stock in a research report on Monday. Ten investment analysts have rated the stock with a hold rating, nine have given a buy rating and three have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $44.38.

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.