Kozak & Associates Inc. Purchases 327 Shares of Comcast Co. (NASDAQ:CMCSA)

Kozak & Associates Inc. boosted its holdings in shares of Comcast Co. (NASDAQ:CMCSA) by 8.9% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 4,000 shares of the cable giant’s stock after buying an additional 327 shares during the period. Kozak & Associates Inc.’s holdings in Comcast were worth $151,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the business. World Investment Advisors LLC lifted its position in Comcast by 904.0% in the 3rd quarter. World Investment Advisors LLC now owns 254,545 shares of the cable giant’s stock worth $10,632,000 after buying an additional 229,192 shares during the last quarter. Tidal Investments LLC increased its stake in shares of Comcast by 15.2% during the third quarter. Tidal Investments LLC now owns 171,440 shares of the cable giant’s stock valued at $7,161,000 after buying an additional 22,684 shares during the period. Parnassus Investments LLC raised its holdings in shares of Comcast by 3.7% during the third quarter. Parnassus Investments LLC now owns 1,920,800 shares of the cable giant’s stock valued at $80,232,000 after acquiring an additional 68,139 shares in the last quarter. Douglas Lane & Associates LLC lifted its stake in Comcast by 0.7% in the third quarter. Douglas Lane & Associates LLC now owns 2,210,469 shares of the cable giant’s stock worth $92,331,000 after acquiring an additional 15,807 shares during the period. Finally, Wulff Hansen & CO. boosted its holdings in Comcast by 3,816.0% in the second quarter. Wulff Hansen & CO. now owns 558,382 shares of the cable giant’s stock valued at $21,866,000 after acquiring an additional 544,123 shares in the last quarter. 84.32% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Comcast

In related news, CEO Brian L. Roberts sold 234,464 shares of Comcast stock in a transaction dated 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 transaction, the chief executive officer now owns 6,669,928 shares in the company, valued at $284,539,128.48. The trade was a 3.40 % decrease in their position. 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 that occurred on 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 represents a 4.56 % decrease in their position. The disclosure for this sale can be found here. 1.26% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

CMCSA has been the subject of several research analyst reports. Benchmark reaffirmed a “buy” rating and issued a $60.00 target price on shares of Comcast in a research report on Tuesday, November 19th. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Comcast from $49.00 to $50.00 and gave the stock a “buy” rating in a report on Friday, November 1st. Seaport Res Ptn upgraded shares of Comcast from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, December 11th. TD Cowen dropped their target price on shares of Comcast from $50.00 to $48.00 and set a “buy” rating on the stock in a report on Friday, November 1st. Finally, KeyCorp increased their price target on Comcast from $44.00 to $47.00 and gave the company an “overweight” rating in a report on Friday, November 1st. One analyst has rated the stock with a sell rating, six have assigned a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Comcast presently has a consensus rating of “Moderate Buy” and an average target price of $47.33.

Comcast Trading Up 0.1 %

Shares of NASDAQ CMCSA traded up $0.05 during mid-day trading on Monday, reaching $37.72. The company had a trading volume of 8,244,829 shares, compared to its average volume of 18,927,920. Comcast Co. has a 52 week low of $36.43 and a 52 week high of $47.11. The business’s 50-day moving average is $41.25 and its 200-day moving average is $40.30. The stock has a market cap of $144.34 billion, a price-to-earnings ratio of 10.14, a price-to-earnings-growth ratio of 1.50 and a beta of 1.01. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 1.14.

Comcast (NASDAQ:CMCSA) last announced its quarterly earnings results on Thursday, October 31st. The cable giant reported $1.12 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.06 by $0.06. The firm had revenue of $32.07 billion during the quarter, compared to analyst estimates of $31.78 billion. Comcast had a return on equity of 19.81% and a net margin of 11.92%. Comcast’s quarterly revenue was up 6.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.08 earnings per share. Equities analysts expect that Comcast Co. will post 4.26 earnings per share for the current year.

Comcast Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 29th. Investors of record on Wednesday, January 8th will be paid a dividend of $0.31 per share. The ex-dividend date of this dividend is Wednesday, January 8th. This represents a $1.24 annualized dividend and a yield of 3.29%. Comcast’s dividend payout ratio (DPR) is 33.33%.

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.