Comcast (CMCSA) Shares Sold by Segall Bryant & Hamill LLC

Segall Bryant & Hamill LLC reduced its stake in shares of Comcast (NASDAQ:CMCSA) by 1.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,423,699 shares of the cable giant’s stock after selling 23,824 shares during the quarter. Comcast comprises about 1.3% of Segall Bryant & Hamill LLC’s portfolio, making the stock its 15th biggest position. Segall Bryant & Hamill LLC’s holdings in Comcast were worth $57,019,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Crewe Advisors LLC acquired a new position in Comcast in the fourth quarter valued at approximately $102,000. Wealthcare Advisory Partners LLC acquired a new stake in Comcast in the third quarter worth $104,000. Vigilant Capital Management LLC raised its holdings in Comcast by 474.2% in the fourth quarter. Vigilant Capital Management LLC now owns 2,584 shares of the cable giant’s stock worth $104,000 after purchasing an additional 2,134 shares during the period. Clear Perspective Advisors LLC raised its holdings in Comcast by 100.1% in the second quarter. Clear Perspective Advisors LLC now owns 2,722 shares of the cable giant’s stock worth $106,000 after purchasing an additional 1,362 shares during the period. Finally, Tower View Investment Management & Research LLC acquired a new stake in Comcast in the fourth quarter worth $109,000. 83.54% of the stock is currently owned by institutional investors and hedge funds.

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In related news, EVP Stephen B. Burke sold 190,756 shares of the firm’s stock in a transaction on Friday, January 26th. The shares were sold at an average price of $42.51, for a total value of $8,109,037.56. Following the completion of the transaction, the executive vice president now owns 1,214,811 shares of the company’s stock, valued at $51,641,615.61. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, SVP Daniel C. Murdock sold 1,891 shares of the firm’s stock in a transaction on Monday, March 19th. The shares were sold at an average price of $35.60, for a total transaction of $67,319.60. Following the completion of the transaction, the senior vice president now directly owns 2,585 shares of the company’s stock, valued at approximately $92,026. The disclosure for this sale can be found here. In the last ninety days, insiders sold 1,400,867 shares of company stock valued at $52,408,044. 1.28% of the stock is owned by insiders.



Several equities research analysts have weighed in on the stock. TD Securities increased their target price on shares of Comcast from $51.00 to $52.00 and gave the stock a “buy” rating in a report on Thursday, January 25th. Bank of America increased their target price on shares of Comcast from $50.00 to $54.00 and gave the stock a “buy” rating in a report on Thursday, January 25th. Pivotal Research reiterated a “buy” rating and issued a $52.00 target price on shares of Comcast in a report on Wednesday, January 24th. Wells Fargo increased their target price on shares of Comcast from $49.00 to $50.00 and gave the stock an “outperform” rating in a report on Thursday, January 25th. Finally, Barclays set a $43.00 target price on shares of Comcast and gave the stock a “buy” rating in a report on Tuesday, January 23rd. Two analysts have rated the stock with a sell rating, five have issued a hold rating and twenty-three have given a buy rating to the company’s stock. Comcast currently has an average rating of “Buy” and an average price target of $46.84.

Comcast stock opened at $33.21 on Monday. The firm has a market capitalization of $154,244.06, a P/E ratio of 16.12, a price-to-earnings-growth ratio of 1.22 and a beta of 1.17. Comcast has a 1-year low of $32.74 and a 1-year high of $44.00. The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 0.86.

Comcast (NASDAQ:CMCSA) last released its earnings results on Wednesday, January 24th. The cable giant reported $0.49 earnings per share for the quarter, beating analysts’ consensus estimates of $0.47 by $0.02. The business had revenue of $21.92 billion during the quarter, compared to the consensus estimate of $21.83 billion. Comcast had a net margin of 26.87% and a return on equity of 16.47%. The firm’s revenue for the quarter was up 4.2% compared to the same quarter last year. During the same quarter last year, the firm earned $0.89 earnings per share. research analysts anticipate that Comcast will post 2.47 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 25th. Investors of record on Wednesday, April 4th will be given a $0.19 dividend. The ex-dividend date is Tuesday, April 3rd. This represents a $0.76 dividend on an annualized basis and a yield of 2.29%. This is an increase from Comcast’s previous quarterly dividend of $0.16. Comcast’s dividend payout ratio (DPR) is 36.89%.

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About Comcast

Comcast Corporation operates as a media and technology company worldwide. It operates through Cable Communications, Cable Networks, Broadcast Television, Filmed Entertainment, and Theme Parks segments. The Cable Communications segment offers video, high-speed Internet, and voice, as well as security and automation services to residential and business customers under the XFINITY brand.

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Institutional Ownership by Quarter for Comcast (NASDAQ:CMCSA)

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