Keeler Thomas Management LLC Has $3.87 Million Stock Holdings in Comcast Co. (NASDAQ:CMCSA)

Keeler Thomas Management LLC lowered its stake in Comcast Co. (NASDAQ:CMCSA) by 4.1% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 103,162 shares of the cable giant’s stock after selling 4,412 shares during the quarter. Keeler Thomas Management LLC’s holdings in Comcast were worth $3,873,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Taurus Asset Management LLC raised its stake in Comcast by 2.9% in the third quarter. Taurus Asset Management LLC now owns 9,125 shares of the cable giant’s stock valued at $381,000 after purchasing an additional 253 shares in the last quarter. Abich Financial Wealth Management LLC increased its holdings in Comcast by 4.7% in the 3rd quarter. Abich Financial Wealth Management LLC now owns 5,829 shares of the cable giant’s stock valued at $243,000 after buying an additional 260 shares during the period. Arvest Investments Inc. raised its position in shares of Comcast by 1.0% in the 3rd quarter. Arvest Investments Inc. now owns 27,211 shares of the cable giant’s stock valued at $1,137,000 after buying an additional 268 shares in the last quarter. McIlrath & Eck LLC lifted its holdings in shares of Comcast by 14.8% during the 3rd quarter. McIlrath & Eck LLC now owns 2,183 shares of the cable giant’s stock worth $91,000 after acquiring an additional 282 shares during the period. Finally, Mengis Capital Management Inc. lifted its holdings in shares of Comcast by 1.5% during the 3rd quarter. Mengis Capital Management Inc. now owns 19,060 shares of the cable giant’s stock worth $796,000 after acquiring an additional 283 shares during the period. 84.32% of the stock is currently owned by institutional investors.

Comcast Stock Performance

NASDAQ CMCSA opened at $36.30 on Tuesday. The company has a market capitalization of $137.25 billion, a price-to-earnings ratio of 8.75, a PEG ratio of 1.78 and a beta of 1.00. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 1.09. Comcast Co. has a twelve month low of $32.50 and a twelve month high of $45.31. The stock has a fifty day simple moving average of $36.52 and a 200 day simple moving average of $39.57.

Comcast (NASDAQ:CMCSA) last issued its quarterly earnings data on Thursday, January 30th. The cable giant reported $0.96 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.88 by $0.08. Comcast had a return on equity of 19.98% and a net margin of 13.09%. Sell-side analysts expect that Comcast Co. will post 4.33 EPS for the current year.

Comcast Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 23rd. Stockholders of record on Wednesday, April 2nd will be given a $0.33 dividend. The ex-dividend date is Wednesday, April 2nd. This represents a $1.32 dividend on an annualized basis and a dividend yield of 3.64%. This is an increase from Comcast’s previous quarterly dividend of $0.31. Comcast’s payout ratio is 31.81%.

Analyst Ratings Changes

Several research analysts have commented on CMCSA shares. Citigroup lowered their price objective on shares of Comcast from $47.00 to $44.00 and set a “buy” rating for the company in a research report on Friday, January 31st. TD Cowen decreased their price target on Comcast from $50.00 to $48.00 and set a “buy” rating on the stock in a research note on Friday, November 1st. Morgan Stanley dropped their price objective on Comcast from $45.00 to $38.00 and set an “equal weight” rating for the company in a research report on Friday, January 31st. StockNews.com cut Comcast from a “strong-buy” rating to a “buy” rating in a research report on Monday, February 3rd. Finally, Macquarie dropped their target price on shares of Comcast from $42.00 to $36.00 and set a “neutral” rating for the company in a report on Friday, January 31st. Nine analysts have rated the stock with a hold rating, ten have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $43.83.

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.