Koss Olinger Consulting LLC Grows Stock Holdings in Comcast Co. (NASDAQ:CMCSA)

Koss Olinger Consulting LLC grew its holdings in shares of Comcast Co. (NASDAQ:CMCSA) by 2.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 65,556 shares of the cable giant’s stock after buying an additional 1,693 shares during the quarter. Koss Olinger Consulting LLC’s holdings in Comcast were worth $2,460,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Promus Capital LLC purchased a new stake in Comcast during the fourth quarter worth approximately $25,000. Winch Advisory Services LLC boosted its stake in shares of Comcast by 269.9% in the fourth quarter. Winch Advisory Services LLC now owns 688 shares of the cable giant’s stock valued at $26,000 after purchasing an additional 502 shares during the period. Roxbury Financial LLC purchased a new position in shares of Comcast in the fourth quarter valued at $27,000. Wingate Wealth Advisors Inc. purchased a new position in shares of Comcast in the fourth quarter valued at $28,000. Finally, Safe Harbor Fiduciary LLC purchased a new position in shares of Comcast in the third quarter valued at $30,000. 84.32% of the stock is currently owned by hedge funds and other institutional investors.

Comcast Stock Up 0.7 %

Shares of NASDAQ:CMCSA opened at $36.01 on Wednesday. The stock has a market capitalization of $136.15 billion, a price-to-earnings ratio of 8.68, a price-to-earnings-growth ratio of 1.78 and a beta of 1.00. Comcast Co. has a 1-year low of $32.50 and a 1-year high of $45.31. The company’s fifty day moving average is $35.86 and its two-hundred day moving average is $39.14. The company has a debt-to-equity ratio of 1.09, a quick ratio of 0.68 and a current ratio of 0.68.

Comcast (NASDAQ:CMCSA) last released its quarterly earnings data 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%. Equities analysts anticipate that Comcast Co. will post 4.33 EPS for the current year.

Comcast Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 23rd. Investors of record on Wednesday, April 2nd will be issued a $0.33 dividend. This represents a $1.32 dividend on an annualized basis and a dividend yield of 3.67%. The ex-dividend date is Wednesday, April 2nd. This is a boost from Comcast’s previous quarterly dividend of $0.31. Comcast’s dividend payout ratio (DPR) is 31.81%.

Analyst Upgrades and Downgrades

CMCSA has been the subject of several analyst reports. StockNews.com upgraded shares of Comcast from a “buy” rating to a “strong-buy” rating in a research note on Thursday, February 27th. Sanford C. Bernstein set a $38.00 target price on shares of Comcast in a research note on Friday, January 31st. Bank of America downgraded shares of Comcast from a “buy” rating to a “neutral” rating and decreased their target price for the company from $50.00 to $38.00 in a research note on Friday, January 31st. BNP Paribas upgraded shares of Comcast from an “underperform” rating to a “neutral” rating and set a $35.00 target price for the company in a research note on Friday, January 31st. Finally, Evercore ISI raised shares of Comcast to a “strong-buy” rating in a report on Thursday, November 21st. Nine analysts have rated the stock with a hold rating, nine have issued a buy rating and three have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus 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.