35,035 Shares in Comcast Co. (NASDAQ:CMCSA) Bought by Wynn Capital LLC

Wynn Capital LLC bought a new position in shares of Comcast Co. (NASDAQ:CMCSA) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 35,035 shares of the cable giant’s stock, valued at approximately $1,536,000. Comcast comprises approximately 1.3% of Wynn Capital LLC’s investment portfolio, making the stock its 25th largest holding.

Several other large investors have also bought and sold shares of CMCSA. NewSquare Capital LLC grew its holdings in Comcast by 94.1% during the 3rd quarter. NewSquare Capital LLC now owns 623 shares of the cable giant’s stock worth $28,000 after acquiring an additional 302 shares during the period. Tennessee Valley Asset Management Partners acquired a new stake in shares of Comcast in the 4th quarter valued at about $34,000. Lipe & Dalton acquired a new stake in shares of Comcast in the 4th quarter valued at about $37,000. First Personal Financial Services acquired a new stake in shares of Comcast in the 3rd quarter valued at about $39,000. Finally, Valued Wealth Advisors LLC acquired a new stake in shares of Comcast in the 4th quarter valued at about $44,000. 84.32% of the stock is owned by institutional investors.

Comcast Stock Down 0.4 %

CMCSA traded down $0.15 during midday trading on Wednesday, reaching $40.21. The company’s stock had a trading volume of 19,571,827 shares, compared to its average volume of 20,632,486. The firm has a market capitalization of $159.71 billion, a price-to-earnings ratio of 10.81, a PEG ratio of 0.99 and a beta of 0.98. The company has a current ratio of 0.60, a quick ratio of 0.60 and a debt-to-equity ratio of 1.14. Comcast Co. has a 1 year low of $36.38 and a 1 year high of $47.46. The stock’s 50-day moving average is $41.75 and its 200-day moving average is $42.66.

Comcast (NASDAQ:CMCSA) last posted its quarterly earnings results on Thursday, January 25th. The cable giant reported $0.84 EPS for the quarter, beating analysts’ consensus estimates of $0.80 by $0.04. Comcast had a net margin of 12.66% and a return on equity of 19.75%. The firm had revenue of $31.25 billion for the quarter, compared to analysts’ expectations of $30.41 billion. As a group, research analysts expect that Comcast Co. will post 4.23 EPS for the current year.

Insider Activity at Comcast

In related news, President Michael J. Cavanagh sold 114,749 shares of the stock in a transaction that occurred on Monday, January 29th. The shares were sold at an average price of $46.10, for a total transaction of $5,289,928.90. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 1.18% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of research firms have issued reports on CMCSA. Deutsche Bank Aktiengesellschaft cut their price target on Comcast from $55.00 to $53.00 in a research note on Friday, April 5th. Benchmark reiterated a “buy” rating and set a $55.00 price target on shares of Comcast in a research note on Wednesday, April 10th. StockNews.com cut shares of Comcast from a “strong-buy” rating to a “buy” rating in a research report on Friday, March 22nd. Wells Fargo & Company dropped their target price on shares of Comcast from $50.00 to $47.00 and set an “equal weight” rating on the stock in a research report on Friday, April 5th. Finally, BNP Paribas reaffirmed a “neutral” rating and issued a $45.00 price target on shares of Comcast in a report on Tuesday, April 9th. Ten equities research analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $49.74.

Comcast Company Profile

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.