Toth Financial Advisory Corp Acquires 1,200 Shares of Comcast Co. (NASDAQ:CMCSA)

Toth Financial Advisory Corp increased its holdings in shares of Comcast Co. (NASDAQ:CMCSA) by 56.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,330 shares of the cable giant’s stock after purchasing an additional 1,200 shares during the quarter. Toth Financial Advisory Corp’s holdings in Comcast were worth $125,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently modified their holdings of the company. Monte Financial Group LLC raised its stake in Comcast by 0.3% during the 4th quarter. Monte Financial Group LLC now owns 208,183 shares of the cable giant’s stock valued at $7,813,000 after buying an additional 694 shares during the last quarter. Geneos Wealth Management Inc. increased its position in Comcast by 5.1% during the fourth quarter. Geneos Wealth Management Inc. now owns 129,577 shares of the cable giant’s stock valued at $4,863,000 after acquiring an additional 6,241 shares during the last quarter. Exchange Traded Concepts LLC lifted its holdings in Comcast by 1,260.2% in the fourth quarter. Exchange Traded Concepts LLC now owns 244,899 shares of the cable giant’s stock valued at $9,191,000 after acquiring an additional 226,895 shares during the period. CX Institutional boosted its position in Comcast by 2.7% in the fourth quarter. CX Institutional now owns 152,340 shares of the cable giant’s stock worth $5,717,000 after purchasing an additional 3,956 shares during the last quarter. Finally, Encompass More Asset Management grew its stake in shares of Comcast by 22.5% during the 4th quarter. Encompass More Asset Management now owns 10,717 shares of the cable giant’s stock valued at $402,000 after purchasing an additional 1,969 shares during the period. 84.32% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other Comcast news, President Michael J. Cavanagh sold 25,537 shares of the stock in a transaction dated Tuesday, November 26th. The shares were sold at an average price of $42.59, for a total transaction of $1,087,620.83. Following the completion of the sale, the president now directly owns 534,849 shares of the company’s stock, valued at approximately $22,779,218.91. This represents a 4.56 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO Brian L. Roberts sold 234,464 shares of Comcast stock in a transaction that occurred on Tuesday, November 26th. The stock was sold at an average price of $42.66, for a total transaction of $10,002,234.24. Following the completion of the transaction, the chief executive officer now directly owns 6,669,928 shares in the company, valued at approximately $284,539,128.48. The trade was a 3.40 % decrease in their position. The disclosure for this sale can be found here. Insiders own 1.26% of the company’s stock.

Comcast Price Performance

Comcast stock opened at $37.62 on Friday. The company has a debt-to-equity ratio of 1.14, a current ratio of 0.72 and a quick ratio of 0.72. The stock has a market cap of $143.95 billion, a price-to-earnings ratio of 10.11, a price-to-earnings-growth ratio of 1.35 and a beta of 1.01. The firm has a 50-day moving average of $39.31 and a two-hundred day moving average of $40.14. Comcast Co. has a 1 year low of $36.15 and a 1 year high of $47.11.

Comcast (NASDAQ:CMCSA) last released its quarterly earnings data on Thursday, October 31st. The cable giant reported $1.12 earnings per share for the quarter, topping analysts’ consensus estimates of $1.06 by $0.06. Comcast had a net margin of 11.92% and a return on equity of 19.81%. The company had revenue of $32.07 billion during the quarter, compared to analyst estimates of $31.78 billion. During the same period in the prior year, the firm earned $1.08 earnings per share. The firm’s revenue for the quarter was up 6.5% compared to the same quarter last year. On average, research analysts forecast that Comcast Co. will post 4.25 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on CMCSA shares. Loop Capital dropped their price objective on shares of Comcast from $54.00 to $53.00 and set a “buy” rating on the stock in a report on Thursday, January 2nd. StockNews.com upgraded Comcast from a “buy” rating to a “strong-buy” rating in a research note on Friday, January 17th. TD Cowen reduced their price objective on shares of Comcast from $50.00 to $48.00 and set a “buy” rating on the stock in a research report on Friday, November 1st. Seaport Res Ptn raised Comcast from a “hold” rating to a “strong-buy” rating in a report on Wednesday, December 11th. Finally, Morgan Stanley downgraded shares of Comcast from an “overweight” rating to an “equal weight” rating and decreased their price target for the company from $48.00 to $45.00 in a research note on Monday, December 16th. One analyst has rated the stock with a sell rating, six have assigned a hold rating, ten have assigned a buy rating and three have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Comcast presently has an average rating of “Moderate Buy” and a consensus price target of $47.33.

Comcast 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.