Sivia Capital Partners LLC Has $405,000 Stake in Comcast Co. (NASDAQ:CMCSA)

Sivia Capital Partners LLC increased its holdings in shares of Comcast Co. (NASDAQ:CMCSA) by 5.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,981 shares of the cable giant’s stock after buying an additional 582 shares during the period. Sivia Capital Partners LLC’s holdings in Comcast were worth $405,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of CMCSA. Promus Capital LLC bought a new stake in Comcast in the fourth quarter valued at approximately $25,000. Roxbury Financial LLC acquired a new position in Comcast during the fourth quarter worth $27,000. Wingate Wealth Advisors Inc. acquired a new position in Comcast during the fourth quarter worth $28,000. Retirement Wealth Solutions LLC boosted its holdings in Comcast by 126.9% during the first quarter. Retirement Wealth Solutions LLC now owns 801 shares of the cable giant’s stock worth $30,000 after purchasing an additional 448 shares during the last quarter. Finally, Mpwm Advisory Solutions LLC acquired a new stake in Comcast in the fourth quarter valued at $33,000. 84.32% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have commented on CMCSA shares. Citigroup cut their price target on shares of Comcast from $44.00 to $39.00 and set a “buy” rating for the company in a research note on Friday, April 25th. UBS Group set a $44.50 price objective on shares of Comcast in a research note on Friday, April 25th. Barclays dropped their price objective 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. Wall Street Zen raised shares of Comcast from a “buy” rating to a “strong-buy” rating in a report on Thursday, February 27th. Finally, Argus lowered shares of Comcast from a “buy” rating to a “hold” rating in a report on Tuesday, May 6th. Two analysts have rated the stock with a sell rating, nine have issued a hold rating, nine have given a buy rating and three have issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $42.10.

Comcast Trading Up 1.4%

NASDAQ:CMCSA opened at $34.70 on Friday. The firm’s fifty day moving average is $34.39 and its 200-day moving average is $36.38. 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 Co. has a 52 week low of $31.44 and a 52 week high of $45.31. The firm has a market cap of $129.56 billion, a P/E ratio of 8.36, a P/E/G ratio of 1.78 and a beta of 0.95.

Comcast (NASDAQ:CMCSA) last posted its quarterly earnings data on Thursday, April 24th. The cable giant reported $1.09 EPS for the quarter, beating analysts’ consensus estimates of $1.01 by $0.08. Comcast had a net margin of 13.09% and a return on equity of 19.98%. The company had revenue of $29.89 billion for the quarter, compared to analyst estimates of $29.82 billion. During the same period in the prior year, the firm posted $1.04 EPS. The company’s quarterly revenue was down .6% on a year-over-year basis. Equities analysts expect that Comcast Co. will post 4.33 earnings per share for the current year.

Comcast Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 23rd. Investors of record on Wednesday, July 2nd will be given a dividend of $0.33 per share. The ex-dividend date of this dividend is Wednesday, July 2nd. This represents a $1.32 dividend on an annualized basis and a dividend yield of 3.80%. Comcast’s payout ratio is presently 32.43%.

Comcast Company 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.