Apella Capital LLC Has $358,000 Stock Holdings in Comcast Co. (NASDAQ:CMCSA)

Apella Capital LLC lifted its holdings in shares of Comcast Co. (NASDAQ:CMCSA) by 21.0% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 9,534 shares of the cable giant’s stock after buying an additional 1,654 shares during the period. Apella Capital LLC’s holdings in Comcast were worth $358,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also modified their holdings of the company. Fairscale Capital LLC bought a new stake in shares of Comcast during the second quarter worth $26,000. McClarren Financial Advisors Inc. grew its position in Comcast by 365.4% during the 3rd quarter. McClarren Financial Advisors Inc. now owns 726 shares of the cable giant’s stock worth $30,000 after acquiring an additional 570 shares during the last quarter. Safe Harbor Fiduciary LLC acquired a new position in Comcast in the 3rd quarter worth about $30,000. Iron Horse Wealth Management LLC boosted its stake in shares of Comcast by 220.3% during the third quarter. Iron Horse Wealth Management LLC now owns 759 shares of the cable giant’s stock valued at $32,000 after purchasing an additional 522 shares in the last quarter. Finally, Dunhill Financial LLC grew its holdings in shares of Comcast by 54.8% during the third quarter. Dunhill Financial LLC now owns 814 shares of the cable giant’s stock worth $34,000 after purchasing an additional 288 shares during the last quarter. 84.32% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

CMCSA has been the subject of several analyst reports. Barclays raised their target price on Comcast from $40.00 to $42.00 and gave the stock an “equal weight” rating in a research report on Monday, November 4th. Macquarie reaffirmed a “neutral” rating and issued a $42.00 price objective on shares of Comcast in a research note on Monday, January 6th. Wells Fargo & Company decreased their target price on shares of Comcast from $46.00 to $45.00 and set an “equal weight” rating for the company in a research report on Monday, January 6th. StockNews.com downgraded shares of Comcast from a “strong-buy” rating to a “buy” rating in a research report on Saturday, January 4th. Finally, Rosenblatt Securities reaffirmed a “neutral” rating and issued a $45.00 price objective on shares of Comcast in a research note on Wednesday, November 6th. 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 given a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $47.33.

Insider Activity at Comcast

In other news, President Michael J. Cavanagh sold 25,537 shares of the stock in a transaction dated Tuesday, November 26th. The shares were sold at an average price of $42.59, for a total value of $1,087,620.83. Following the completion of the sale, the president now owns 534,849 shares in the company, valued at $22,779,218.91. This represents a 4.56 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Brian L. Roberts sold 234,464 shares of the business’s stock in a transaction dated Tuesday, November 26th. The stock was sold at an average price of $42.66, for a total transaction of $10,002,234.24. Following the transaction, the chief executive officer now owns 6,669,928 shares in the company, valued at approximately $284,539,128.48. This trade represents a 3.40 % 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.

Comcast Trading Up 0.3 %

Shares of Comcast stock opened at $36.50 on Thursday. The stock has a market capitalization of $139.67 billion, a PE ratio of 9.81, a price-to-earnings-growth ratio of 1.50 and a beta of 1.01. Comcast Co. has a 52 week low of $36.15 and a 52 week high of $47.11. The stock has a 50 day moving average price of $40.44 and a two-hundred day moving average price of $40.23. The company has a debt-to-equity ratio of 1.14, a quick ratio of 0.72 and a current ratio of 0.72.

Comcast (NASDAQ:CMCSA) last posted its quarterly earnings results on Thursday, October 31st. The cable giant reported $1.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.06 by $0.06. Comcast had a net margin of 11.92% and a return on equity of 19.81%. The business had revenue of $32.07 billion during the quarter, compared to the consensus estimate of $31.78 billion. During the same quarter last year, the firm posted $1.08 EPS. Comcast’s revenue was up 6.5% compared to the same quarter last year. As a group, equities analysts anticipate that Comcast Co. will post 4.26 earnings per share for the current fiscal 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 issued a $0.31 dividend. The ex-dividend date of this dividend is Wednesday, January 8th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 3.40%. Comcast’s dividend payout ratio is presently 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.