Comcast Co. (CMCSA) Shares Bought by First National Bank of Omaha

First National Bank of Omaha boosted its stake in Comcast Co. (NASDAQ:CMCSA) by 1.1% in the third quarter, HoldingsChannel.com reports. The firm owned 752,477 shares of the cable giant’s stock after acquiring an additional 8,171 shares during the period. Comcast makes up approximately 1.5% of First National Bank of Omaha’s holdings, making the stock its 6th largest holding. First National Bank of Omaha’s holdings in Comcast were worth $26,913,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the business. Massachusetts Financial Services Co. MA grew its position in shares of Comcast by 1.2% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 150,105,437 shares of the cable giant’s stock valued at $5,315,234,000 after acquiring an additional 1,830,315 shares during the period. FMR LLC grew its position in shares of Comcast by 7.5% during the 2nd quarter. FMR LLC now owns 111,854,932 shares of the cable giant’s stock valued at $3,669,961,000 after acquiring an additional 7,812,415 shares during the period. Boston Partners grew its position in shares of Comcast by 23.7% during the 2nd quarter. Boston Partners now owns 22,787,062 shares of the cable giant’s stock valued at $747,643,000 after acquiring an additional 4,358,705 shares during the period. Bank of Montreal Can grew its position in shares of Comcast by 43.9% during the 3rd quarter. Bank of Montreal Can now owns 22,597,172 shares of the cable giant’s stock valued at $800,167,000 after acquiring an additional 6,893,674 shares during the period. Finally, Schwab Charles Investment Management Inc. grew its position in shares of Comcast by 6.1% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 19,722,508 shares of the cable giant’s stock valued at $647,096,000 after acquiring an additional 1,125,430 shares during the period. 80.39% of the stock is owned by institutional investors and hedge funds.

In other Comcast news, EVP Arthur R. Block sold 6,448 shares of the business’s stock in a transaction on Thursday, September 27th. The shares were sold at an average price of $35.48, for a total value of $228,775.04. Following the sale, the executive vice president now owns 74,644 shares in the company, valued at approximately $2,648,369.12. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Arthur R. Block sold 1,082 shares of the business’s stock in a transaction on Monday, September 24th. The stock was sold at an average price of $35.94, for a total transaction of $38,887.08. Following the completion of the sale, the executive vice president now owns 62,476 shares in the company, valued at approximately $2,245,387.44. The disclosure for this sale can be found here. 1.31% of the stock is owned by insiders.

Shares of CMCSA stock opened at $38.34 on Friday. The firm has a market capitalization of $177.88 billion, a price-to-earnings ratio of 15.89, a P/E/G ratio of 1.21 and a beta of 0.93. Comcast Co. has a 52 week low of $30.43 and a 52 week high of $44.00. The company has a debt-to-equity ratio of 0.96, a quick ratio of 1.18 and a current ratio of 1.18.

Comcast (NASDAQ:CMCSA) last announced its quarterly earnings results on Thursday, October 25th. The cable giant reported $0.65 EPS for the quarter, topping the consensus estimate of $0.61 by $0.04. The business had revenue of $22.14 billion for the quarter, compared to analysts’ expectations of $21.75 billion. Comcast had a net margin of 27.33% and a return on equity of 15.79%. As a group, equities analysts expect that Comcast Co. will post 2.53 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 23rd. Shareholders of record on Wednesday, January 2nd will be paid a $0.19 dividend. This represents a $0.76 annualized dividend and a yield of 1.98%. The ex-dividend date is Monday, December 31st. Comcast’s payout ratio is currently 36.89%.

CMCSA has been the subject of a number of recent research reports. TD Securities cut their price objective on shares of Comcast from $48.00 to $47.00 and set a “buy” rating for the company in a research report on Tuesday, September 25th. Pivotal Research reissued a “buy” rating on shares of Comcast in a research report on Friday, August 10th. BidaskClub upgraded shares of Comcast from a “hold” rating to a “buy” rating in a research note on Friday, October 19th. Citigroup began coverage on shares of Comcast in a research note on Wednesday, October 24th. They set a “buy” rating and a $48.00 target price on the stock. Finally, MED began coverage on shares of Comcast in a research note on Wednesday, October 24th. They set a “buy” rating and a $43.00 target price on the stock. They noted that the move was a valuation call. Nine research analysts have rated the stock with a hold rating and twenty-one have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $44.57.

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Comcast Company Profile

Comcast Corporation operates as a media and technology company worldwide. It operates through Cable Communications, Cable Networks, Broadcast Television, Filmed Entertainment, and Theme Parks segments. The Cable Communications segment offers video, high-speed Internet, and voice, as well as security and automation services to residential and business customers under the XFINITY brand.

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Institutional Ownership by Quarter for Comcast (NASDAQ:CMCSA)

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