WINTON GROUP Ltd Sells 123,216 Shares of Comcast Corporation $CMCSA

WINTON GROUP Ltd decreased its stake in shares of Comcast Corporation (NASDAQ:CMCSA) by 40.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 178,514 shares of the cable giant’s stock after selling 123,216 shares during the quarter. WINTON GROUP Ltd’s holdings in Comcast were worth $5,336,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of CMCSA. Imprint Wealth LLC bought a new position in Comcast during the third quarter valued at $26,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new position in Comcast during the fourth quarter valued at $27,000. United Financial Planning Group LLC bought a new position in Comcast during the third quarter valued at $28,000. Olistico Wealth LLC bought a new position in Comcast during the fourth quarter valued at $29,000. Finally, Richardson Financial Services Inc. lifted its position in Comcast by 212.6% during the fourth quarter. Richardson Financial Services Inc. now owns 1,016 shares of the cable giant’s stock valued at $30,000 after purchasing an additional 691 shares during the last quarter. Institutional investors own 84.32% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have commented on the stock. KeyCorp reiterated a “sector weight” rating on shares of Comcast in a research report on Thursday, April 23rd. Evercore increased their price objective on shares of Comcast from $35.00 to $36.00 and gave the company an “outperform” rating in a research report on Friday, April 24th. Deutsche Bank Aktiengesellschaft lowered shares of Comcast from a “buy” rating to a “hold” rating and set a $34.00 price objective for the company. in a research report on Friday, April 24th. Zacks Research upgraded shares of Comcast from a “strong sell” rating to a “hold” rating in a research report on Tuesday, March 31st. Finally, Morgan Stanley increased their price objective on shares of Comcast from $31.00 to $33.00 and gave the company an “equal weight” rating in a research report on Friday, April 24th. Nine investment analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, Comcast currently has an average rating of “Hold” and a consensus price target of $34.56.

Comcast Price Performance

Comcast stock opened at $23.82 on Friday. The firm has a 50-day moving average price of $26.77 and a 200-day moving average price of $28.42. The firm has a market capitalization of $85.09 billion, a PE ratio of 4.69, a price-to-earnings-growth ratio of 1.94 and a beta of 0.67. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 1.01. Comcast Corporation has a 12-month low of $23.13 and a 12-month high of $36.66.

Comcast (NASDAQ:CMCSA) last released its earnings results on Thursday, April 23rd. The cable giant reported $0.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.73 by $0.06. The firm had revenue of $31.46 billion during the quarter, compared to analyst estimates of $30.42 billion. Comcast had a net margin of 15.00% and a return on equity of 15.47%. The business’s revenue was up 5.3% on a year-over-year basis. During the same quarter last year, the business earned $1.09 EPS. As a group, equities research analysts forecast that Comcast Corporation will post 3.53 EPS for the current year.

Comcast Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 22nd. Stockholders of record on Wednesday, July 1st will be issued a $0.33 dividend. This represents a $1.32 annualized dividend and a dividend yield of 5.5%. The ex-dividend date is Wednesday, July 1st. Comcast’s dividend payout ratio (DPR) is 25.98%.

Comcast Profile

Comcast Corporation (NASDAQ: CMCSA) is a diversified global media and technology company headquartered in Philadelphia, Pennsylvania. Its principal operations are organized around Comcast Cable, which provides broadband internet, video, voice and wireless services to residential and business customers in the United States under the Xfinity and Comcast Business brands, and NBCUniversal, a media and entertainment group that develops, produces and distributes content across broadcast and cable networks, film, and streaming platforms.

NBCUniversal’s assets include the NBC broadcast network, a portfolio of cable channels, Universal Pictures and other film and television production businesses, and the Peacock streaming service.