Tyler Stone Wealth Management Buys 1,225 Shares of Comcast Co. (NASDAQ:CMCSA)

Tyler Stone Wealth Management lifted its stake in shares of Comcast Co. (NASDAQ:CMCSA) by 23.5% during the fourth quarter, Holdings Channel.com reports. The firm owned 6,447 shares of the cable giant’s stock after acquiring an additional 1,225 shares during the period. Tyler Stone Wealth Management’s holdings in Comcast were worth $242,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in CMCSA. Loomis Sayles & Co. L P grew its holdings in shares of Comcast by 30.0% during the third quarter. Loomis Sayles & Co. L P now owns 427,120 shares of the cable giant’s stock valued at $17,841,000 after buying an additional 98,605 shares during the last quarter. The Manufacturers Life Insurance Company boosted its stake in Comcast by 5.1% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 4,558,230 shares of the cable giant’s stock valued at $190,397,000 after purchasing an additional 219,976 shares during the last quarter. Cadence Bank boosted its stake in Comcast by 1.5% during the 3rd quarter. Cadence Bank now owns 162,607 shares of the cable giant’s stock valued at $6,792,000 after purchasing an additional 2,335 shares during the last quarter. Townsquare Capital LLC increased its holdings in Comcast by 4.0% during the 3rd quarter. Townsquare Capital LLC now owns 400,315 shares of the cable giant’s stock worth $16,721,000 after purchasing an additional 15,532 shares in the last quarter. Finally, Hardy Reed LLC raised its stake in shares of Comcast by 5.8% in the third quarter. Hardy Reed LLC now owns 7,903 shares of the cable giant’s stock worth $330,000 after purchasing an additional 430 shares during the last quarter. 84.32% of the stock is currently owned by institutional investors and hedge funds.

Comcast Trading Up 1.2 %

Shares of CMCSA stock opened at $37.37 on Thursday. The stock 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. The company’s fifty day simple moving average is $35.87 and its two-hundred day simple moving average is $39.02. Comcast Co. has a 1 year low of $32.50 and a 1 year high of $45.31. 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 (NASDAQ:CMCSA) last issued its quarterly earnings data on Thursday, January 30th. The cable giant reported $0.96 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.88 by $0.08. Comcast had a return on equity of 19.98% and a net margin of 13.09%. As a group, analysts anticipate that Comcast Co. will post 4.33 earnings per share for the current year.

Comcast Increases Dividend

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

Analysts Set New Price Targets

Several equities research analysts recently issued reports on CMCSA shares. Rosenblatt Securities decreased their price target on Comcast from $45.00 to $36.00 and set a “neutral” rating for the company in a report on Monday, February 3rd. The Goldman Sachs Group lowered their target price on shares of Comcast from $50.00 to $44.00 and set a “buy” rating for the company in a report on Friday, January 31st. Wells Fargo & Company cut their price target on shares of Comcast from $45.00 to $37.00 and set an “equal weight” rating on the stock in a report on Friday, January 31st. Macquarie decreased their price objective on shares of Comcast from $42.00 to $36.00 and set a “neutral” rating for the company in a research note on Friday, January 31st. Finally, Seaport Res Ptn upgraded Comcast from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, December 11th. Ten equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and three have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $43.64.

About Comcast

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.