Ensign Peak Advisors Inc Has $93.97 Million Stock Holdings in Comcast Co. (NASDAQ:CMCSA)

Ensign Peak Advisors Inc cut its stake in shares of Comcast Co. (NASDAQ:CMCSA) by 2.2% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 2,399,596 shares of the cable giant’s stock after selling 54,034 shares during the period. Ensign Peak Advisors Inc owned 0.06% of Comcast worth $93,968,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of CMCSA. Brevan Howard Capital Management LP bought a new stake in Comcast in the fourth quarter valued at approximately $2,056,000. Hotchkis & Wiley Capital Management LLC increased its stake in shares of Comcast by 3.4% during the fourth quarter. Hotchkis & Wiley Capital Management LLC now owns 11,304,304 shares of the cable giant’s stock worth $495,694,000 after purchasing an additional 368,685 shares during the period. Capital Investment Advisors LLC increased its stake in shares of Comcast by 4.5% during the second quarter. Capital Investment Advisors LLC now owns 36,027 shares of the cable giant’s stock worth $1,411,000 after purchasing an additional 1,550 shares during the period. First Hawaiian Bank increased its stake in shares of Comcast by 8.9% during the second quarter. First Hawaiian Bank now owns 191,846 shares of the cable giant’s stock worth $7,513,000 after purchasing an additional 15,664 shares during the period. Finally, Gilbert & Cook Inc. increased its stake in Comcast by 10.3% during the 4th quarter. Gilbert & Cook Inc. now owns 15,613 shares of the cable giant’s stock worth $685,000 after acquiring an additional 1,459 shares during the period. 84.32% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have commented on CMCSA shares. KeyCorp lowered their price objective on Comcast from $45.00 to $44.00 and set an “overweight” rating on the stock in a research note on Wednesday, July 24th. StockNews.com downgraded Comcast from a “strong-buy” rating to a “buy” rating in a report on Friday, September 13th. Pivotal Research reduced their target price on Comcast from $48.00 to $47.00 and set a “buy” rating on the stock in a report on Wednesday, July 24th. Macquarie reaffirmed a “neutral” rating and issued a $40.00 target price on shares of Comcast in a report on Wednesday, July 24th. Finally, Seaport Res Ptn downgraded Comcast from a “strong-buy” rating to a “hold” rating in a report on Monday, June 24th. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and nine have given a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $45.78.

Comcast Price Performance

Shares of NASDAQ CMCSA opened at $40.11 on Friday. Comcast Co. has a twelve month low of $36.43 and a twelve month high of $47.11. The stock’s 50 day moving average price is $39.57 and its 200-day moving average price is $39.66. The company has a market capitalization of $157.38 billion, a PE ratio of 10.61, a PEG ratio of 1.03 and a beta of 1.01. The company has a quick ratio of 0.66, a current ratio of 0.66 and a debt-to-equity ratio of 1.16.

Comcast (NASDAQ:CMCSA) last posted its quarterly earnings data on Tuesday, July 23rd. The cable giant reported $1.21 EPS for the quarter, beating the consensus estimate of $1.12 by $0.09. Comcast had a return on equity of 20.17% and a net margin of 12.46%. The business had revenue of $29.69 billion for the quarter, compared to the consensus estimate of $30.02 billion. During the same quarter in the prior year, the business earned $1.13 earnings per share. Comcast’s revenue for the quarter was down 2.7% on a year-over-year basis. On average, equities analysts anticipate that Comcast Co. will post 4.23 EPS for the current year.

Comcast Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 23rd. Shareholders of record on Wednesday, October 2nd will be issued a dividend of $0.31 per share. The ex-dividend date is Wednesday, October 2nd. This represents a $1.24 dividend on an annualized basis and a yield of 3.09%. Comcast’s payout ratio is 32.80%.

Comcast 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.