Natixis Advisors L.P. Has $191.77 Million Holdings in Comcast Co. (NASDAQ:CMCSA)

Natixis Advisors L.P. lifted its position in shares of Comcast Co. (NASDAQ:CMCSA) by 4.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,373,400 shares of the cable giant’s stock after buying an additional 192,598 shares during the quarter. Natixis Advisors L.P. owned about 0.11% of Comcast worth $191,772,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the company. Envestnet Asset Management Inc. grew its holdings in Comcast by 39.7% in the third quarter. Envestnet Asset Management Inc. now owns 10,065,475 shares of the cable giant’s stock worth $446,303,000 after purchasing an additional 2,861,358 shares during the period. Lord Abbett & CO. LLC lifted its stake in shares of Comcast by 43.3% in the third quarter. Lord Abbett & CO. LLC now owns 6,311,296 shares of the cable giant’s stock valued at $279,843,000 after buying an additional 1,907,973 shares in the last quarter. SG Americas Securities LLC lifted its stake in shares of Comcast by 422.9% in the fourth quarter. SG Americas Securities LLC now owns 1,678,815 shares of the cable giant’s stock valued at $73,616,000 after buying an additional 1,357,756 shares in the last quarter. Bank of New York Mellon Corp lifted its stake in shares of Comcast by 3.5% in the third quarter. Bank of New York Mellon Corp now owns 36,170,191 shares of the cable giant’s stock valued at $1,603,786,000 after buying an additional 1,229,374 shares in the last quarter. Finally, Canada Pension Plan Investment Board lifted its stake in shares of Comcast by 35.5% in the third quarter. Canada Pension Plan Investment Board now owns 4,689,476 shares of the cable giant’s stock valued at $207,931,000 after buying an additional 1,227,469 shares in the last quarter. 84.32% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. Oppenheimer reaffirmed an “outperform” rating and issued a $55.00 price objective on shares of Comcast in a research note on Wednesday, April 3rd. Evercore ISI reissued an “outperform” rating and set a $50.00 price target on shares of Comcast in a research report on Tuesday, March 26th. Redburn Atlantic lowered shares of Comcast from a “buy” rating to a “neutral” rating and dropped their price target for the company from $50.00 to $44.00 in a research report on Thursday, February 15th. Scotiabank dropped their price target on shares of Comcast from $50.00 to $47.25 and set a “sector perform” rating on the stock in a research report on Friday, April 26th. Finally, Citigroup dropped their price target on shares of Comcast from $53.00 to $48.00 and set a “buy” rating on the stock in a research report on Monday. Ten investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. Based on data from MarketBeat.com, Comcast presently has a consensus rating of “Moderate Buy” and a consensus target price of $49.60.

Comcast Price Performance

NASDAQ:CMCSA traded up $0.07 during mid-day trading on Thursday, hitting $38.27. 6,919,698 shares of the stock traded hands, compared to its average volume of 20,694,670. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 1.13. Comcast Co. has a 12-month low of $36.43 and a 12-month high of $47.46. The company has a market cap of $152.00 billion, a PE ratio of 10.12, a price-to-earnings-growth ratio of 0.95 and a beta of 0.99. The business’s 50-day moving average price is $41.39 and its 200 day moving average price is $42.44.

Comcast (NASDAQ:CMCSA) last released its quarterly earnings results on Thursday, April 25th. The cable giant reported $1.04 EPS for the quarter, topping analysts’ consensus estimates of $0.98 by $0.06. Comcast had a net margin of 12.64% and a return on equity of 20.10%. The business had revenue of $30.06 billion during the quarter, compared to analysts’ expectations of $29.83 billion. During the same quarter in the previous year, the company earned $0.92 EPS. The business’s quarterly revenue was up 1.2% compared to the same quarter last year. On average, analysts expect that Comcast Co. will post 4.21 EPS for the current fiscal year.

About Comcast

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.