Stack Financial Management Inc Has $11.55 Million Holdings in Comcast Co. (NASDAQ:CMCSA)

Stack Financial Management Inc decreased its position in shares of Comcast Co. (NASDAQ:CMCSA) by 0.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 307,629 shares of the cable giant’s stock after selling 1,135 shares during the period. Stack Financial Management Inc’s holdings in Comcast were worth $11,545,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of the company. Winch Advisory Services LLC raised its position in shares of Comcast by 269.9% during the 4th quarter. Winch Advisory Services LLC now owns 688 shares of the cable giant’s stock valued at $26,000 after acquiring an additional 502 shares during the last quarter. Roxbury Financial LLC bought a new position in Comcast during the fourth quarter worth about $27,000. Wingate Wealth Advisors Inc. acquired a new position in shares of Comcast during the 4th quarter worth about $28,000. Safe Harbor Fiduciary LLC acquired a new stake in shares of Comcast in the 3rd quarter valued at approximately $30,000. Finally, Dunhill Financial LLC boosted its stake in Comcast by 54.8% during the 3rd quarter. Dunhill Financial LLC now owns 814 shares of the cable giant’s stock worth $34,000 after acquiring an additional 288 shares during the last quarter. Institutional investors own 84.32% of the company’s stock.

Comcast Trading Up 0.2 %

Shares of CMCSA stock opened at $36.30 on Tuesday. Comcast Co. has a 12-month low of $32.50 and a 12-month high of $45.31. The firm has a 50 day moving average price of $36.52 and a two-hundred day moving average price of $39.57. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 1.09. The company has a market capitalization of $137.25 billion, a PE ratio of 8.75, a price-to-earnings-growth ratio of 1.78 and a beta of 1.00.

Comcast (NASDAQ:CMCSA) last posted its quarterly earnings data 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%. As a group, analysts predict that Comcast Co. will post 4.33 earnings per share for the current year.

Comcast Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 23rd. Stockholders of record on Wednesday, April 2nd will be issued a dividend of $0.33 per share. The ex-dividend date of this dividend is Wednesday, April 2nd. This is a boost from Comcast’s previous quarterly dividend of $0.31. This represents a $1.32 annualized dividend and a dividend yield of 3.64%. Comcast’s dividend payout ratio (DPR) is currently 31.81%.

Analyst Ratings Changes

Several brokerages have commented on CMCSA. Macquarie lowered their target price on shares of Comcast from $42.00 to $36.00 and set a “neutral” rating for the company in a research note on Friday, January 31st. Morgan Stanley dropped their price objective on Comcast from $45.00 to $38.00 and set an “equal weight” rating on the stock in a research note on Friday, January 31st. Scotiabank cut Comcast from a “sector outperform” rating to a “sector perform” rating and decreased their target price for the company from $48.00 to $44.50 in a research note on Monday, February 3rd. Evercore ISI upgraded Comcast to a “strong-buy” rating in a research report on Thursday, November 21st. Finally, StockNews.com downgraded shares of Comcast from a “strong-buy” rating to a “buy” rating in a report on Monday, February 3rd. Nine research analysts have rated the stock with a hold rating, ten have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $43.83.

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.