Comcast Co. (NASDAQ:CMCSA) Shares Acquired by Banco Santander S.A.

Banco Santander S.A. increased its holdings in Comcast Co. (NASDAQ:CMCSA) by 0.6% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 636,625 shares of the cable giant’s stock after acquiring an additional 4,073 shares during the quarter. Banco Santander S.A.’s holdings in Comcast were worth $23,893,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Promus Capital LLC acquired a new stake in Comcast during the fourth quarter valued at approximately $25,000. Winch Advisory Services LLC grew its holdings in Comcast by 269.9% in the 4th quarter. Winch Advisory Services LLC now owns 688 shares of the cable giant’s stock worth $26,000 after buying an additional 502 shares in the last quarter. Roxbury Financial LLC bought a new position in Comcast in the 4th quarter worth approximately $27,000. Wingate Wealth Advisors Inc. bought a new position in Comcast during the 4th quarter valued at $28,000. Finally, Safe Harbor Fiduciary LLC bought a new position in Comcast during the 3rd quarter valued at $30,000. Institutional investors and hedge funds own 84.32% of the company’s stock.

Comcast Trading Up 3.6 %

NASDAQ CMCSA opened at $37.59 on Friday. Comcast Co. has a 1-year low of $32.50 and a 1-year high of $45.31. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 1.09. The company has a market capitalization of $142.13 billion, a PE ratio of 9.06, a price-to-earnings-growth ratio of 1.78 and a beta of 1.00. The firm’s fifty day simple moving average is $36.12 and its 200-day simple moving average is $39.35.

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

Comcast Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 23rd. Stockholders of record on Wednesday, April 2nd will be paid a $0.33 dividend. The ex-dividend date is Wednesday, April 2nd. This is an increase from Comcast’s previous quarterly dividend of $0.31. This represents a $1.32 dividend on an annualized basis and a dividend yield of 3.51%. Comcast’s dividend payout ratio is 31.81%.

Wall Street Analysts Forecast Growth

CMCSA has been the subject of a number of research reports. Macquarie decreased their price target on Comcast from $42.00 to $36.00 and set a “neutral” rating for the company in a research note on Friday, January 31st. Benchmark cut their price objective on Comcast from $57.00 to $55.00 and set a “buy” rating for the company in a research report on Friday, January 31st. Barclays cut their price objective on Comcast from $42.00 to $37.00 and set an “equal weight” rating for the company in a research report on Monday, February 3rd. BNP Paribas upgraded Comcast from an “underperform” rating to a “neutral” rating and set a $35.00 price objective for the company in a research report on Friday, January 31st. Finally, Seaport Res Ptn upgraded Comcast from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, December 11th. Nine analysts have rated the stock with a hold rating, nine have issued a buy rating and three have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Comcast has a consensus rating of “Moderate Buy” and an average target price 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.