Stephens Inc. AR lessened its position in shares of Comcast Co. (NASDAQ:CMCSA) by 3.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 190,091 shares of the cable giant’s stock after selling 6,075 shares during the quarter. Stephens Inc. AR’s holdings in Comcast were worth $7,613,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently bought and sold shares of CMCSA. Vanguard Group Inc. increased its stake in Comcast by 2.8% during the 2nd quarter. Vanguard Group Inc. now owns 316,845,966 shares of the cable giant’s stock valued at $12,331,646,000 after purchasing an additional 8,677,771 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in Comcast by 0.8% during the 3rd quarter. Dimensional Fund Advisors LP now owns 53,054,928 shares of the cable giant’s stock valued at $2,041,312,000 after purchasing an additional 432,491 shares in the last quarter. Capital International Investors increased its stake in Comcast by 23.3% during the 3rd quarter. Capital International Investors now owns 34,256,110 shares of the cable giant’s stock valued at $1,318,175,000 after purchasing an additional 6,467,802 shares in the last quarter. Veritas Asset Management LLP increased its stake in Comcast by 3.7% during the 3rd quarter. Veritas Asset Management LLP now owns 33,195,373 shares of the cable giant’s stock valued at $1,277,358,000 after purchasing an additional 1,189,200 shares in the last quarter. Finally, Alliancebernstein L.P. increased its stake in Comcast by 6.0% during the 2nd quarter. Alliancebernstein L.P. now owns 32,710,682 shares of the cable giant’s stock valued at $1,273,100,000 after purchasing an additional 1,839,436 shares in the last quarter. Hedge funds and other institutional investors own 83.59% of the company’s stock.
In related news, EVP Arthur R. Block sold 5,630 shares of the stock in a transaction on Monday, December 18th. The shares were sold at an average price of $39.89, for a total transaction of $224,580.70. Following the sale, the executive vice president now directly owns 71,664 shares of the company’s stock, valued at $2,858,676.96. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP David N. Watson sold 131,447 shares of the stock in a transaction on Tuesday, March 6th. The stock was sold at an average price of $36.79, for a total transaction of $4,835,935.13. The disclosure for this sale can be found here. Insiders have sold 915,605 shares of company stock worth $35,906,374 over the last three months. 1.28% of the stock is currently owned by insiders.
Shares of Comcast Co. (NASDAQ:CMCSA) opened at $36.96 on Tuesday. Comcast Co. has a twelve month low of $34.78 and a twelve month high of $44.00. The stock has a market cap of $172,450.55, a price-to-earnings ratio of 18.02, a P/E/G ratio of 1.34 and a beta of 1.16. The company has a current ratio of 0.74, a quick ratio of 0.74 and a debt-to-equity ratio of 0.86.
Comcast (NASDAQ:CMCSA) last announced its quarterly earnings results on Wednesday, January 24th. The cable giant reported $0.49 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.47 by $0.02. Comcast had a net margin of 26.87% and a return on equity of 16.47%. The firm had revenue of $21.92 billion for the quarter, compared to the consensus estimate of $21.83 billion. During the same period in the prior year, the firm posted $0.89 earnings per share. The firm’s quarterly revenue was up 4.2% compared to the same quarter last year. analysts anticipate that Comcast Co. will post 2.52 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 25th. Investors of record on Wednesday, April 4th will be issued a dividend of $0.19 per share. The ex-dividend date is Tuesday, April 3rd. This is an increase from Comcast’s previous quarterly dividend of $0.16. This represents a $0.76 dividend on an annualized basis and a yield of 2.06%. Comcast’s dividend payout ratio is 13.21%.
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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.
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