Aviso Financial Inc. Sells 1,094 Shares of Comcast Co. (NASDAQ:CMCSA)

Aviso Financial Inc. trimmed its holdings in shares of Comcast Co. (NASDAQ:CMCSA) by 15.7% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 5,869 shares of the cable giant’s stock after selling 1,094 shares during the quarter. Aviso Financial Inc.’s holdings in Comcast were worth $220,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of CMCSA. Raymond James Financial Inc. bought a new position in Comcast in the fourth quarter valued at $743,681,000. Amundi boosted its stake in shares of Comcast by 147.9% during the 4th quarter. Amundi now owns 24,086,671 shares of the cable giant’s stock worth $895,499,000 after buying an additional 14,369,056 shares during the last quarter. Wilmington Savings Fund Society FSB grew its holdings in shares of Comcast by 55,334.5% in the 3rd quarter. Wilmington Savings Fund Society FSB now owns 8,273,052 shares of the cable giant’s stock valued at $345,565,000 after acquiring an additional 8,258,128 shares in the last quarter. FMR LLC increased its position in shares of Comcast by 5.4% in the third quarter. FMR LLC now owns 117,420,328 shares of the cable giant’s stock valued at $4,904,647,000 after acquiring an additional 6,062,658 shares during the last quarter. Finally, Public Sector Pension Investment Board raised its holdings in Comcast by 530.5% during the third quarter. Public Sector Pension Investment Board now owns 3,429,298 shares of the cable giant’s stock worth $143,242,000 after acquiring an additional 2,885,370 shares in the last quarter. 84.32% of the stock is currently owned by institutional investors and hedge funds.

Comcast Trading Up 2.1 %

CMCSA opened at $35.43 on Friday. The stock has a market capitalization of $133.96 billion, a price-to-earnings ratio of 8.54, a P/E/G ratio of 1.78 and a beta of 1.00. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 1.09. Comcast Co. has a twelve month low of $32.50 and a twelve month high of $45.31. The company has a 50-day simple moving average of $35.92 and a 200 day simple moving average of $39.20.

Comcast (NASDAQ:CMCSA) last issued its quarterly earnings results on Thursday, January 30th. The cable giant reported $0.96 earnings per share for the quarter, topping 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%. Analysts predict that Comcast Co. will post 4.33 EPS for the current fiscal year.

Comcast Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 23rd. Stockholders of record on Wednesday, April 2nd will be paid a $0.33 dividend. This is a positive change from Comcast’s previous quarterly dividend of $0.31. The ex-dividend date is Wednesday, April 2nd. This represents a $1.32 annualized dividend and a dividend yield of 3.73%. Comcast’s dividend payout ratio (DPR) is presently 31.81%.

Analysts Set New Price Targets

CMCSA has been the topic of several recent analyst reports. Wells Fargo & Company lowered their price objective on shares of Comcast from $45.00 to $37.00 and set an “equal weight” rating on the stock in a research note on Friday, January 31st. The Goldman Sachs Group lowered their price target on Comcast from $50.00 to $44.00 and set a “buy” rating on the stock in a research report on Friday, January 31st. JPMorgan Chase & Co. cut their price objective on Comcast from $45.00 to $39.00 and set a “neutral” rating for the company in a research report on Friday, January 31st. StockNews.com upgraded Comcast from a “buy” rating to a “strong-buy” rating in a research note on Thursday, February 27th. Finally, Citigroup cut their price target on Comcast from $47.00 to $44.00 and set a “buy” rating for the company in a report on Friday, January 31st. Nine analysts have rated the stock with a hold rating, nine have assigned a buy rating and three have given a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $43.83.

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.