4,031 Shares in Comcast Co. (NASDAQ:CMCSA) Acquired by CoreFirst Bank & Trust

CoreFirst Bank & Trust acquired a new stake in shares of Comcast Co. (NASDAQ:CMCSA) in the 4th quarter, according to its most recent 13F filing with the SEC. The fund acquired 4,031 shares of the cable giant’s stock, valued at approximately $151,000.

Several other large investors have also made changes to their positions in the business. Promus Capital LLC purchased a new position in Comcast during the fourth quarter valued at approximately $25,000. Winch Advisory Services LLC increased its holdings 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 valued at $26,000 after purchasing an additional 502 shares in the last quarter. Roxbury Financial LLC acquired a new position in shares of Comcast in the 4th quarter valued at $27,000. Wingate Wealth Advisors Inc. acquired a new position in shares of Comcast in the 4th quarter valued at $28,000. Finally, Safe Harbor Fiduciary LLC purchased a new stake in Comcast during the third quarter worth $30,000. 84.32% of the stock is owned by hedge funds and other institutional investors.

Comcast Stock Performance

NASDAQ CMCSA opened at $36.60 on Tuesday. Comcast Co. has a fifty-two week low of $32.50 and a fifty-two week high of $45.31. The firm has a market capitalization of $138.39 billion, a P/E ratio of 8.82, a price-to-earnings-growth ratio of 1.78 and a beta of 1.00. The stock’s fifty day moving average is $35.84 and its two-hundred day moving average is $39.05. The company has a debt-to-equity ratio of 1.09, a quick ratio of 0.68 and a current ratio of 0.68.

Comcast (NASDAQ:CMCSA) last announced its quarterly earnings data on Thursday, January 30th. The cable giant reported $0.96 earnings per share (EPS) 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%. On average, research analysts anticipate that Comcast Co. will post 4.33 earnings per share for the current year.

Comcast Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 23rd. Investors of record on Wednesday, April 2nd will be issued a $0.33 dividend. The ex-dividend date is Wednesday, April 2nd. This is a boost from Comcast’s previous quarterly dividend of $0.31. This represents a $1.32 dividend on an annualized basis and a yield of 3.61%. Comcast’s dividend payout ratio is currently 31.81%.

Analysts Set New Price Targets

A number of research analysts have weighed in on CMCSA shares. Rosenblatt Securities decreased their price objective on shares of Comcast from $45.00 to $36.00 and set a “neutral” rating for the company in a research report on Monday, February 3rd. Morgan Stanley lowered their price target on Comcast from $45.00 to $38.00 and set an “equal weight” 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. Loop Capital decreased their target price on Comcast from $54.00 to $53.00 and set a “buy” rating on the stock in a research report on Thursday, January 2nd. Finally, Citigroup cut their price target on shares of Comcast from $47.00 to $44.00 and set a “buy” rating for the company in a report on Friday, January 31st. Nine research analysts have rated the stock with a hold rating, nine have assigned a buy rating and three have assigned a strong buy rating to the stock. According to MarketBeat.com, Comcast 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.