Comcast Co. (NASDAQ:CMCSA) Shares Sold by DiNuzzo Private Wealth Inc.

DiNuzzo Private Wealth Inc. reduced its stake in Comcast Co. (NASDAQ:CMCSA) by 8.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,929 shares of the cable giant’s stock after selling 281 shares during the period. DiNuzzo Private Wealth Inc.’s holdings in Comcast were worth $110,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Deane Retirement Strategies Inc. raised its stake in shares of Comcast by 1.2% in the fourth quarter. Deane Retirement Strategies Inc. now owns 76,891 shares of the cable giant’s stock valued at $2,886,000 after acquiring an additional 939 shares in the last quarter. Patriot Financial Group Insurance Agency LLC boosted its stake in shares of Comcast by 2.9% in the 4th quarter. Patriot Financial Group Insurance Agency LLC now owns 95,075 shares of the cable giant’s stock valued at $3,568,000 after buying an additional 2,719 shares during the period. VCI Wealth Management LLC acquired a new position in shares of Comcast during the fourth quarter worth about $1,659,000. Charter Oak Capital Management LLC increased its stake in shares of Comcast by 9.6% during the fourth quarter. Charter Oak Capital Management LLC now owns 6,350 shares of the cable giant’s stock worth $238,000 after buying an additional 556 shares during the period. Finally, YHB Investment Advisors Inc. lifted its stake in Comcast by 11.1% in the fourth quarter. YHB Investment Advisors Inc. now owns 85,110 shares of the cable giant’s stock worth $3,194,000 after acquiring an additional 8,502 shares during the last quarter. Institutional investors and hedge funds own 84.32% of the company’s stock.

Insider Buying and Selling at Comcast

In other news, CEO Brian L. Roberts sold 234,464 shares of Comcast 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 completion of the sale, the chief executive officer now owns 6,669,928 shares of the company’s stock, valued at $284,539,128.48. The trade was a 3.40 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, President Michael J. Cavanagh sold 25,537 shares of the stock in a transaction dated 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 transaction, the president now owns 534,849 shares in the company, valued at $22,779,218.91. This trade represents a 4.56 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.26% of the stock is owned by insiders.

Analyst Ratings Changes

CMCSA has been the topic of a number of analyst reports. Scotiabank upgraded shares of Comcast from a “sector perform” rating to a “sector outperform” rating and raised their price objective for the company from $47.75 to $48.00 in a report on Friday, November 1st. Barclays lifted their price target on Comcast from $40.00 to $42.00 and gave the stock an “equal weight” rating in a report on Monday, November 4th. Seaport Res Ptn upgraded Comcast from a “hold” rating to a “strong-buy” rating in a report on Wednesday, December 11th. Wells Fargo & Company decreased their target price on Comcast from $46.00 to $45.00 and set an “equal weight” rating for the company in a research note on Monday, January 6th. Finally, Benchmark reissued a “buy” rating and set a $60.00 price objective on shares of Comcast in a report on Tuesday, November 19th. One research analyst has rated the stock with a sell rating, six have issued a hold rating, ten have issued a buy rating and three have given a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $47.33.

Comcast Stock Down 1.8 %

Shares of NASDAQ CMCSA opened at $37.55 on Wednesday. The company has a debt-to-equity ratio of 1.14, a current ratio of 0.72 and a quick ratio of 0.72. The firm’s 50-day moving average is $39.21 and its two-hundred day moving average is $40.18. Comcast Co. has a 12-month low of $36.15 and a 12-month high of $47.11. The company has a market capitalization of $143.69 billion, a PE ratio of 10.09, a price-to-earnings-growth ratio of 1.35 and a beta of 1.01.

Comcast (NASDAQ:CMCSA) last announced its earnings results on Thursday, October 31st. The cable giant reported $1.12 EPS for the quarter, beating analysts’ consensus estimates of $1.06 by $0.06. Comcast had a return on equity of 19.81% and a net margin of 11.92%. The firm had revenue of $32.07 billion for the quarter, compared to analysts’ expectations of $31.78 billion. During the same quarter in the prior year, the firm earned $1.08 EPS. Comcast’s quarterly revenue was up 6.5% on a year-over-year basis. Equities analysts anticipate that Comcast Co. will post 4.25 EPS for the current fiscal year.

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.