Unigestion Holding SA Sells 74,365 Shares of Comcast Co. (NASDAQ:CMCSA)

Unigestion Holding SA trimmed its stake in Comcast Co. (NASDAQ:CMCSA) by 5.6% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,256,837 shares of the cable giant’s stock after selling 74,365 shares during the period. Comcast comprises about 2.8% of Unigestion Holding SA’s investment portfolio, making the stock its 8th biggest position. Unigestion Holding SA’s holdings in Comcast were worth $70,296,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently bought and sold shares of CMCSA. Livforsakringsbolaget Skandia Omsesidigt boosted its position in shares of Comcast by 16.7% during the 2nd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 275,912 shares of the cable giant’s stock valued at $15,733,000 after acquiring an additional 39,500 shares in the last quarter. IFM Investors Pty Ltd boosted its position in shares of Comcast by 22.1% during the 2nd quarter. IFM Investors Pty Ltd now owns 607,787 shares of the cable giant’s stock valued at $34,656,000 after acquiring an additional 109,986 shares in the last quarter. V Wealth Advisors LLC boosted its position in shares of Comcast by 17.6% during the 2nd quarter. V Wealth Advisors LLC now owns 26,802 shares of the cable giant’s stock valued at $1,530,000 after acquiring an additional 4,012 shares in the last quarter. Penserra Capital Management LLC boosted its position in shares of Comcast by 23.5% during the 2nd quarter. Penserra Capital Management LLC now owns 85,171 shares of the cable giant’s stock valued at $4,856,000 after acquiring an additional 16,215 shares in the last quarter. Finally, Mount Yale Investment Advisors LLC boosted its position in shares of Comcast by 8.1% during the 2nd quarter. Mount Yale Investment Advisors LLC now owns 126,531 shares of the cable giant’s stock valued at $7,215,000 after acquiring an additional 9,482 shares in the last quarter. Institutional investors own 82.48% of the company’s stock.

Shares of CMCSA traded down $0.16 on Thursday, reaching $51.88. 10,120,097 shares of the company’s stock were exchanged, compared to its average volume of 16,617,023. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 1.05. The stock has a market capitalization of $237.04 billion, a P/E ratio of 16.74, a price-to-earnings-growth ratio of 1.06 and a beta of 0.96. The business has a 50 day moving average price of $54.21 and a two-hundred day moving average price of $56.61. Comcast Co. has a 12 month low of $48.15 and a 12 month high of $61.80.

Comcast (NASDAQ:CMCSA) last posted its quarterly earnings results on Thursday, October 28th. The cable giant reported $0.87 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.75 by $0.12. The business had revenue of $30.30 billion during the quarter, compared to the consensus estimate of $29.87 billion. Comcast had a net margin of 12.73% and a return on equity of 14.88%. Comcast’s revenue for the quarter was up 18.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.65 earnings per share. Equities research analysts predict that Comcast Co. will post 3.15 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 26th. Shareholders of record on Wednesday, January 5th will be paid a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 1.93%. The ex-dividend date is Tuesday, January 4th. Comcast’s payout ratio is presently 32.26%.

A number of equities analysts have commented on CMCSA shares. TD Securities reduced their price target on shares of Comcast from $71.00 to $70.00 and set a “buy” rating on the stock in a research report on Friday, October 29th. Citigroup reduced their price target on shares of Comcast from $65.00 to $60.00 and set a “buy” rating on the stock in a research report on Monday, November 1st. BNP Paribas started coverage on shares of Comcast in a research report on Monday, September 27th. They issued an “outperform” rating and a $72.00 price target on the stock. Credit Suisse Group boosted their price target on shares of Comcast from $67.00 to $70.00 and gave the company an “outperform” rating in a research report on Friday, July 30th. Finally, Deutsche Bank Aktiengesellschaft reduced their price target on shares of Comcast from $68.00 to $64.00 and set a “buy” rating on the stock in a research report on Tuesday, October 12th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and nineteen have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of $65.87.

Comcast Profile

Comcast Corp. is a media, entertainment, and communications company, which engages in the provision of video, Internet, and phone services. It operates through the following segments: Cable Communications, Cable Networks, Broadcast Television, Filmed Entertainment, Theme Parks and Sky. The Cable Communications segment provides video, Internet, voice, and security and automation services under the Xfinity brand.

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Institutional Ownership by Quarter for Comcast (NASDAQ:CMCSA)

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