Trilogy Capital Inc. Has $2.69 Million Stake in Comcast Co. (NASDAQ:CMCSA)

Trilogy Capital Inc. increased its position in Comcast Co. (NASDAQ:CMCSA) by 4.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 71,549 shares of the cable giant’s stock after purchasing an additional 3,187 shares during the quarter. Trilogy Capital Inc.’s holdings in Comcast were worth $2,685,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. AMF Tjanstepension AB raised its stake in shares of Comcast by 18.9% during the 3rd quarter. AMF Tjanstepension AB now owns 832,594 shares of the cable giant’s stock worth $34,810,000 after purchasing an additional 132,442 shares during the period. Czech National Bank lifted its holdings in shares of Comcast by 5.5% during the 3rd quarter. Czech National Bank now owns 786,946 shares of the cable giant’s stock valued at $32,871,000 after buying an additional 41,061 shares during the period. Miracle Mile Advisors LLC raised its position in shares of Comcast by 6.1% during the 3rd quarter. Miracle Mile Advisors LLC now owns 8,058 shares of the cable giant’s stock valued at $337,000 after purchasing an additional 466 shares during the period. Versant Capital Management Inc raised its position in shares of Comcast by 13.9% during the 3rd quarter. Versant Capital Management Inc now owns 4,264 shares of the cable giant’s stock valued at $178,000 after buying an additional 522 shares in the last quarter. Finally, Callan Family Office LLC bought a new position in Comcast in the 3rd quarter worth about $259,000. Institutional investors own 84.32% of the company’s stock.

Insider Activity

In other news, President Michael J. Cavanagh sold 25,537 shares of the stock in a transaction on Tuesday, November 26th. The stock was sold at an average price of $42.59, for a total value of $1,087,620.83. Following the transaction, the president now owns 534,849 shares of the company’s stock, valued at $22,779,218.91. This represents a 4.56 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Brian L. Roberts sold 234,464 shares of the stock in a transaction 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 transaction, the chief executive officer now owns 6,669,928 shares of the company’s stock, valued at $284,539,128.48. The trade was a 3.40 % decrease in their position. The disclosure for this sale can be found here. 1.26% of the stock is currently owned by corporate insiders.

Comcast Trading Up 1.2 %

NASDAQ CMCSA opened at $33.94 on Thursday. The stock has a market capitalization of $129.87 billion, a P/E ratio of 8.18, a PEG ratio of 1.23 and a beta of 1.00. The company has a debt-to-equity ratio of 1.09, a current ratio of 0.68 and a quick ratio of 0.72. The firm’s 50-day moving average is $38.22 and its two-hundred day moving average is $39.97. Comcast Co. has a 12 month low of $32.50 and a 12 month high of $45.31.

Comcast (NASDAQ:CMCSA) last released its quarterly earnings results on Thursday, January 30th. The cable giant reported $0.96 earnings per share for the quarter, topping the consensus estimate of $0.88 by $0.08. Comcast had a return on equity of 19.98% and a net margin of 13.09%. On average, sell-side analysts anticipate that Comcast Co. will post 4.4 earnings per share for the current year.

Comcast Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 23rd. Shareholders of record on Wednesday, April 2nd will be paid a dividend of $0.33 per share. The ex-dividend date is Wednesday, April 2nd. This is a positive change from Comcast’s previous quarterly dividend of $0.31. This represents a $1.32 dividend on an annualized basis and a yield of 3.89%. Comcast’s dividend payout ratio is currently 29.88%.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. StockNews.com cut Comcast from a “strong-buy” rating to a “buy” rating in a research report on Monday. Scotiabank lowered shares of Comcast from a “sector outperform” rating to a “sector perform” rating and cut their price objective for the stock from $48.00 to $44.50 in a report on Monday. Pivotal Research raised their target price on Comcast from $47.00 to $54.00 and gave the company a “buy” rating in a report on Friday, November 1st. Evercore ISI raised shares of Comcast to a “strong-buy” rating in a research report on Thursday, November 21st. Finally, Morgan Stanley lowered their price objective on Comcast from $45.00 to $38.00 and set an “equal weight” rating for the company in a report on Friday, January 31st. Ten investment analysts have rated the stock with a hold rating, ten have given a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat, Comcast presently has an average rating of “Moderate Buy” and a consensus price target of $44.13.

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.