Advisor OS LLC Acquires 14,374 Shares of Comcast Co. (NASDAQ:CMCSA)

Advisor OS LLC boosted its holdings in Comcast Co. (NASDAQ:CMCSA) by 117.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 26,599 shares of the cable giant’s stock after acquiring an additional 14,374 shares during the period. Advisor OS LLC’s holdings in Comcast were worth $998,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Winch Advisory Services LLC lifted its stake in shares of Comcast by 269.9% during the 4th quarter. Winch Advisory Services LLC now owns 688 shares of the cable giant’s stock worth $26,000 after buying an additional 502 shares during the last quarter. Safe Harbor Fiduciary LLC bought a new position in Comcast in the 3rd quarter valued at about $30,000. Roxbury Financial LLC acquired a new stake in Comcast during the fourth quarter worth approximately $27,000. Wingate Wealth Advisors Inc. bought a new stake in shares of Comcast during the fourth quarter worth approximately $28,000. Finally, Dunhill Financial LLC grew its position in shares of Comcast by 54.8% in the third quarter. Dunhill Financial LLC now owns 814 shares of the cable giant’s stock valued at $34,000 after purchasing an additional 288 shares during the last quarter. 84.32% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several analysts recently weighed in on CMCSA shares. Pivotal Research lifted their price target on Comcast from $47.00 to $54.00 and gave the stock a “buy” rating in a report on Friday, November 1st. Loop Capital dropped their target price on Comcast from $54.00 to $53.00 and set a “buy” rating for the company in a report on Thursday, January 2nd. Evercore ISI raised shares of Comcast to a “strong-buy” rating in a research report on Thursday, November 21st. Benchmark cut their price objective on shares of Comcast from $57.00 to $55.00 and set a “buy” rating for the company in a report on Friday, January 31st. Finally, BNP Paribas raised shares of 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. Nine analysts have rated the stock with a hold rating, ten have assigned a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, Comcast currently has a consensus rating of “Moderate Buy” and an average price target of $43.83.

Comcast Stock Performance

Shares of CMCSA opened at $35.85 on Wednesday. Comcast Co. has a 52 week low of $32.50 and a 52 week high of $45.31. The company has a debt-to-equity ratio of 1.09, a quick ratio of 0.68 and a current ratio of 0.68. The stock has a 50 day moving average price of $36.47 and a two-hundred day moving average price of $39.55. The firm has a market capitalization of $135.55 billion, a P/E ratio of 8.64, a P/E/G ratio of 1.78 and a beta of 1.00.

Comcast (NASDAQ:CMCSA) last released 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%. Equities analysts forecast that Comcast Co. will post 4.33 earnings per share for the current fiscal year.

Comcast Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 23rd. Stockholders of record on Wednesday, April 2nd will be issued a $0.33 dividend. The ex-dividend date of this dividend 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 3.68%. Comcast’s dividend payout ratio is currently 31.81%.

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.