Measured Wealth Private Client Group LLC Purchases 1,958 Shares of Comcast Co. (NASDAQ:CMCSA)

Measured Wealth Private Client Group LLC raised its position in Comcast Co. (NASDAQ:CMCSA) by 22.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 10,737 shares of the cable giant’s stock after purchasing an additional 1,958 shares during the quarter. Measured Wealth Private Client Group LLC’s holdings in Comcast were worth $471,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. NewSquare Capital LLC increased its stake in shares of Comcast by 94.1% in the third quarter. NewSquare Capital LLC now owns 623 shares of the cable giant’s stock valued at $28,000 after buying an additional 302 shares during the period. Leith Wheeler Investment Counsel Ltd. increased its stake in shares of Comcast by 299.1% in the fourth quarter. Leith Wheeler Investment Counsel Ltd. now owns 634,727 shares of the cable giant’s stock valued at $28,000 after buying an additional 475,675 shares during the period. Tennessee Valley Asset Management Partners acquired a new stake in shares of Comcast in the fourth quarter valued at about $34,000. Lipe & Dalton acquired a new stake in shares of Comcast in the fourth quarter valued at about $37,000. Finally, Valued Wealth Advisors LLC acquired a new stake in shares of Comcast in the fourth quarter valued at about $44,000. 84.32% of the stock is currently owned by institutional investors.

Comcast Price Performance

CMCSA stock traded up $0.33 during trading on Friday, reaching $38.69. The company’s stock had a trading volume of 22,278,723 shares, compared to its average volume of 22,677,254. Comcast Co. has a 1 year low of $36.43 and a 1 year high of $47.46. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 1.13. The company has a market capitalization of $153.67 billion, a P/E ratio of 10.24, a price-to-earnings-growth ratio of 0.96 and a beta of 0.99. The company’s fifty day moving average is $41.26 and its 200-day moving average is $42.38.

Comcast (NASDAQ:CMCSA) last issued its quarterly earnings data on Thursday, April 25th. The cable giant reported $1.04 earnings per share for the quarter, beating analysts’ consensus estimates of $0.98 by $0.06. The firm had revenue of $30.06 billion during the quarter, compared to analyst estimates of $29.83 billion. Comcast had a return on equity of 20.10% and a net margin of 12.64%. The business’s quarterly revenue was up 1.2% compared to the same quarter last year. During the same quarter last year, the business posted $0.92 earnings per share. On average, research analysts expect that Comcast Co. will post 4.21 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on CMCSA shares. Scotiabank cut their price target on Comcast from $50.00 to $47.25 and set a “sector perform” rating on the stock in a report on Friday, April 26th. Evercore ISI reiterated an “outperform” rating and issued a $50.00 price target on shares of Comcast in a report on Tuesday, March 26th. Oppenheimer reiterated an “outperform” rating and issued a $55.00 price target on shares of Comcast in a report on Wednesday, April 3rd. Rosenblatt Securities restated a “neutral” rating and issued a $45.00 target price on shares of Comcast in a report on Friday, April 26th. Finally, StockNews.com lowered Comcast from a “strong-buy” rating to a “buy” rating in a report on Friday, March 22nd. Ten investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $49.60.

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.