Benjamin Edwards Inc. Raises Holdings in Comcast Co. (NASDAQ:CMCSA)

Benjamin Edwards Inc. increased its position in shares of Comcast Co. (NASDAQ:CMCSA) by 4.0% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 155,360 shares of the cable giant’s stock after purchasing an additional 6,046 shares during the period. Benjamin Edwards Inc.’s holdings in Comcast were worth $5,831,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in CMCSA. Promus Capital LLC purchased a new position in shares of Comcast in the 4th quarter valued at $25,000. Winch Advisory Services LLC grew its stake in 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 last quarter. Roxbury Financial LLC bought a new position in Comcast in the fourth quarter worth about $27,000. Wingate Wealth Advisors Inc. purchased a new stake in shares of Comcast during the fourth quarter valued at about $28,000. Finally, Marshall & Sterling Wealth Advisors Inc. purchased a new position in shares of Comcast in the 4th quarter worth approximately $36,000. 84.32% of the stock is currently owned by institutional investors.

Comcast Stock Down 0.0 %

Shares of NASDAQ CMCSA opened at $34.45 on Tuesday. The stock has a market capitalization of $130.26 billion, a price-to-earnings ratio of 8.30, a price-to-earnings-growth ratio of 1.78 and a beta of 0.97. Comcast Co. has a 52 week low of $31.44 and a 52 week high of $45.31. The firm has a 50-day moving average price of $35.12 and a 200 day moving average price of $37.70. 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 (NASDAQ:CMCSA) last announced its quarterly earnings results on Thursday, April 24th. The cable giant reported $1.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.01 by $0.08. The company had revenue of $29.89 billion for the quarter, compared to the consensus estimate of $29.82 billion. Comcast had a net margin of 13.09% and a return on equity of 19.98%. The company’s revenue for the quarter was down .6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.04 earnings per share. Equities research analysts anticipate that Comcast Co. will post 4.33 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts recently commented on the stock. Morgan Stanley set a $37.00 target price on shares of Comcast in a research report on Friday, April 25th. Macquarie lowered their price target on Comcast from $42.00 to $36.00 and set a “neutral” rating for the company in a report on Friday, January 31st. Sanford C. Bernstein set a $38.00 price target on Comcast in a research note on Friday, January 31st. Barclays lowered their target price on shares of Comcast from $37.00 to $35.00 and set an “equal weight” rating for the company in a research note on Monday, April 28th. Finally, BNP Paribas lowered shares of Comcast from a “neutral” rating to an “underperform” rating and set a $31.00 price target on the stock. in a research note on Thursday, April 10th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating, nine have given a buy rating and three have given a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $42.10.

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.