Comcast (NASDAQ:CMCSA)‘s stock had its “neutral” rating reiterated by stock analysts at Instinet in a note issued to investors on Thursday.

Several other research analysts have also recently issued reports on CMCSA. Robert W. Baird reissued an “outperform” rating on shares of Comcast in a report on Wednesday, September 20th. Morgan Stanley reissued an “overweight” rating and set a $44.00 target price on shares of Comcast in a report on Thursday, September 21st. KeyCorp reissued a “hold” rating on shares of Comcast in a report on Tuesday, October 17th. Moffett Nathanson restated a “buy” rating on shares of Comcast in a research report on Monday, October 16th. Finally, Royal Bank of Canada restated a “buy” rating and set a $45.00 price target on shares of Comcast in a research report on Wednesday, October 18th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and twenty-six have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $46.15.

Comcast (NASDAQ:CMCSA) opened at $41.68 on Thursday. The company has a current ratio of 0.74, a quick ratio of 0.74 and a debt-to-equity ratio of 1.06. Comcast has a fifty-two week low of $34.78 and a fifty-two week high of $42.71. The stock has a market cap of $195,457.11, a price-to-earnings ratio of 20.09, a P/E/G ratio of 1.83 and a beta of 1.00.

Comcast (NASDAQ:CMCSA) last issued its earnings results on Thursday, October 26th. The cable giant reported $0.52 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.49 by $0.03. Comcast had a net margin of 11.99% and a return on equity of 17.17%. The firm had revenue of $20.98 billion during the quarter, compared to analysts’ expectations of $21.05 billion. During the same quarter last year, the company posted $0.92 earnings per share. The firm’s revenue was down 1.6% compared to the same quarter last year. analysts forecast that Comcast will post 2.05 EPS for the current year.

In other news, Chairman Brian L. Roberts sold 583,835 shares of Comcast stock in a transaction dated Thursday, December 14th. The shares were sold at an average price of $38.67, for a total value of $22,576,899.45. Following the sale, the chairman now owns 1,711,798 shares in the company, valued at $66,195,228.66. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Arthur R. Block sold 3,937 shares of Comcast stock in a transaction dated Wednesday, December 27th. The shares were sold at an average price of $40.62, for a total transaction of $159,920.94. Following the completion of the sale, the executive vice president now owns 65,946 shares in the company, valued at approximately $2,678,726.52. The disclosure for this sale can be found here. In the last quarter, insiders sold 593,402 shares of company stock worth $22,961,401. Company insiders own 1.28% of the company’s stock.

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Tortoise Investment Management LLC raised its stake in shares of Comcast by 0.6% in the 2nd quarter. Tortoise Investment Management LLC now owns 2,244 shares of the cable giant’s stock valued at $146,000 after acquiring an additional 13 shares during the period. Kistler Tiffany Companies LLC raised its stake in shares of Comcast by 0.3% in the 3rd quarter. Kistler Tiffany Companies LLC now owns 4,956 shares of the cable giant’s stock valued at $329,000 after acquiring an additional 17 shares during the period. Connecticut Wealth Management LLC raised its stake in shares of Comcast by 0.4% in the 2nd quarter. Connecticut Wealth Management LLC now owns 6,602 shares of the cable giant’s stock valued at $256,000 after acquiring an additional 24 shares during the period. Horizon Kinetics LLC raised its stake in shares of Comcast by 0.3% in the 4th quarter. Horizon Kinetics LLC now owns 8,135 shares of the cable giant’s stock valued at $562,000 after acquiring an additional 26 shares during the period. Finally, Financial Consulate Inc. raised its stake in shares of Comcast by 0.5% in the 2nd quarter. Financial Consulate Inc. now owns 6,400 shares of the cable giant’s stock valued at $249,000 after acquiring an additional 30 shares during the period. Hedge funds and other institutional investors own 82.20% of the company’s stock.

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About Comcast

Comcast Corporation is a media and technology company. The Company has two primary businesses: Comcast Cable and NBCUniversal. Its Comcast Cable business operates in the Cable Communications segment. Its NBCUniversal business operates in four business segments: Cable Networks, Broadcast Television, Filmed Entertainment and Theme Parks.

Analyst Recommendations for Comcast (NASDAQ:CMCSA)

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