Comcast Co. (NASDAQ:CMCSA) Shares Bought by Voya Financial Advisors Inc.

Voya Financial Advisors Inc. grew its holdings in Comcast Co. (NASDAQ:CMCSA) by 7.1% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 78,166 shares of the cable giant’s stock after buying an additional 5,160 shares during the period. Voya Financial Advisors Inc.’s holdings in Comcast were worth $2,923,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of CMCSA. Voyager Global Management LP raised its holdings in shares of Comcast by 59.6% during the 4th quarter. Voyager Global Management LP now owns 7,300,000 shares of the cable giant’s stock worth $273,969,000 after acquiring an additional 2,725,000 shares during the period. Keyvantage Wealth LLC purchased a new stake in shares of Comcast in the 4th quarter valued at approximately $330,000. Integrated Wealth Concepts LLC increased its holdings in shares of Comcast by 2.5% during the 4th quarter. Integrated Wealth Concepts LLC now owns 85,006 shares of the cable giant’s stock worth $3,190,000 after buying an additional 2,061 shares during the last quarter. Burling Wealth Partners LLC purchased a new stake in shares of Comcast during the 4th quarter valued at approximately $653,000. Finally, Adage Capital Partners GP L.L.C. lifted its holdings in Comcast by 2.3% in the fourth quarter. Adage Capital Partners GP L.L.C. now owns 3,468,859 shares of the cable giant’s stock valued at $130,186,000 after acquiring an additional 77,500 shares during the last quarter. 84.32% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts have commented on the company. KeyCorp reduced their target price on Comcast from $47.00 to $45.00 and set an “overweight” rating on the stock in a research report on Monday, April 14th. StockNews.com raised shares of Comcast from a “buy” rating to a “strong-buy” rating in a research note on Thursday, February 27th. JPMorgan Chase & Co. reduced their price target on shares of Comcast from $45.00 to $39.00 and set a “neutral” rating on the stock in a research note on Friday, January 31st. Rosenblatt Securities lowered their price objective on shares of Comcast from $45.00 to $36.00 and set a “neutral” rating for the company in a research report on Monday, February 3rd. Finally, Barclays cut their target price on Comcast from $42.00 to $37.00 and set an “equal weight” rating on the stock in a research report on Monday, February 3rd. Two research analysts have rated the stock with a sell rating, eight have given a hold rating, eight have given a buy rating and three have issued a strong buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $42.50.

Comcast Trading Down 3.7 %

NASDAQ CMCSA opened at $33.19 on Friday. The firm’s fifty day moving average price is $35.40 and its 200 day moving average price is $38.13. Comcast Co. has a 12 month low of $31.44 and a 12 month high of $45.31. The company has a debt-to-equity ratio of 1.09, a current ratio of 0.68 and a quick ratio of 0.68. The company has a market capitalization of $125.49 billion, a price-to-earnings ratio of 8.00, a price-to-earnings-growth ratio of 1.78 and a beta of 0.94.

Comcast (NASDAQ:CMCSA) last released its quarterly earnings results on Thursday, April 24th. The cable giant reported $1.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.01 by $0.08. Comcast had a return on equity of 19.98% and a net margin of 13.09%. The firm had revenue of $29.89 billion for the quarter, compared to the consensus estimate of $29.82 billion. On average, sell-side analysts expect that Comcast Co. will post 4.33 earnings per share for the current fiscal year.

Comcast Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 23rd. Investors of record on Wednesday, April 2nd were paid a dividend of $0.33 per share. The ex-dividend date of this dividend was Wednesday, April 2nd. This represents a $1.32 dividend on an annualized basis and a yield of 3.98%. This is a boost from Comcast’s previous quarterly dividend of $0.31. Comcast’s dividend payout ratio is currently 31.81%.

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.