Bank of New Hampshire decreased its position in shares of Comcast Co. (NASDAQ:CMCSA – Free Report) by 5.7% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,395 shares of the cable giant’s stock after selling 390 shares during the quarter. Bank of New Hampshire’s holdings in Comcast were worth $267,000 as of its most recent SEC filing.
A number of other large investors have also recently bought and sold shares of the company. Tortoise Investment Management LLC lifted its position in Comcast by 4.5% in the fourth quarter. Tortoise Investment Management LLC now owns 5,801 shares of the cable giant’s stock valued at $254,000 after purchasing an additional 249 shares during the period. Greenwich Wealth Management LLC grew its stake in shares of Comcast by 2.7% during the 2nd quarter. Greenwich Wealth Management LLC now owns 9,754 shares of the cable giant’s stock worth $382,000 after purchasing an additional 261 shares during the period. Verum Partners LLC increased its holdings in shares of Comcast by 4.9% in the 2nd quarter. Verum Partners LLC now owns 5,663 shares of the cable giant’s stock valued at $222,000 after purchasing an additional 267 shares in the last quarter. Mcdonald Partners LLC lifted its stake in shares of Comcast by 1.4% in the first quarter. Mcdonald Partners LLC now owns 19,591 shares of the cable giant’s stock valued at $849,000 after purchasing an additional 270 shares during the period. Finally, Plancorp LLC boosted its holdings in Comcast by 0.4% during the second quarter. Plancorp LLC now owns 74,725 shares of the cable giant’s stock worth $2,926,000 after buying an additional 277 shares in the last quarter. Hedge funds and other institutional investors own 84.32% of the company’s stock.
Comcast Stock Down 1.5 %
CMCSA opened at $40.56 on Tuesday. The stock has a market capitalization of $159.14 billion, a price-to-earnings ratio of 10.73, a price-to-earnings-growth ratio of 1.08 and a beta of 1.01. Comcast Co. has a 12 month low of $36.43 and a 12 month high of $47.11. The company has a debt-to-equity ratio of 1.16, a current ratio of 0.66 and a quick ratio of 0.66. The business has a 50-day moving average of $39.94 and a two-hundred day moving average of $39.51.
Comcast Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 23rd. Shareholders of record on Wednesday, October 2nd will be given a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 3.06%. The ex-dividend date is Wednesday, October 2nd. Comcast’s dividend payout ratio (DPR) is presently 32.80%.
Wall Street Analysts Forecast Growth
Several equities research analysts have recently commented on the company. Evercore ISI decreased their price target on Comcast from $50.00 to $48.00 and set an “outperform” rating on the stock in a research note on Tuesday, July 2nd. Rosenblatt Securities reiterated a “neutral” rating and set a $45.00 target price on shares of Comcast in a research report on Wednesday, July 24th. Deutsche Bank Aktiengesellschaft dropped their price target on Comcast from $50.00 to $49.00 and set a “buy” rating for the company in a research report on Wednesday, July 24th. BNP Paribas lowered shares of Comcast from a “neutral” rating to an “underperform” rating and set a $34.00 price objective on the stock. in a research report on Tuesday, June 11th. Finally, The Goldman Sachs Group initiated coverage on shares of Comcast in a report on Tuesday, June 25th. They set a “buy” rating and a $44.00 target price for the company. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and nine have given a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $45.55.
Read Our Latest Research Report on Comcast
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.
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