J.W. Cole Advisors Inc. Has $2.56 Million Stock Position in Comcast Co. (NASDAQ:CMCSA)

J.W. Cole Advisors Inc. trimmed its holdings in shares of Comcast Co. (NASDAQ:CMCSA) by 29.1% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 61,338 shares of the cable giant’s stock after selling 25,130 shares during the period. J.W. Cole Advisors Inc.’s holdings in Comcast were worth $2,562,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of CMCSA. Ontario Teachers Pension Plan Board grew its stake in Comcast by 25,881.7% in the first quarter. Ontario Teachers Pension Plan Board now owns 10,850,995 shares of the cable giant’s stock valued at $470,391,000 after acquiring an additional 10,809,231 shares during the period. Price T Rowe Associates Inc. MD lifted its holdings in shares of Comcast by 41.7% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 28,016,389 shares of the cable giant’s stock worth $1,214,512,000 after purchasing an additional 8,243,302 shares in the last quarter. Capital World Investors grew its position in Comcast by 7.4% in the 1st quarter. Capital World Investors now owns 115,703,280 shares of the cable giant’s stock valued at $5,015,737,000 after purchasing an additional 7,929,963 shares during the period. Canada Pension Plan Investment Board increased its stake in Comcast by 80.9% during the 1st quarter. Canada Pension Plan Investment Board now owns 10,542,253 shares of the cable giant’s stock valued at $457,007,000 after purchasing an additional 4,714,586 shares in the last quarter. Finally, AQR Capital Management LLC raised its holdings in Comcast by 92.1% during the second quarter. AQR Capital Management LLC now owns 8,722,620 shares of the cable giant’s stock worth $339,223,000 after buying an additional 4,182,525 shares during the last quarter. Institutional investors and hedge funds own 84.32% of the company’s stock.

Wall Street Analyst Weigh In

CMCSA has been the subject of several recent research reports. Deutsche Bank Aktiengesellschaft decreased their target price on shares of Comcast from $50.00 to $49.00 and set a “buy” rating for the company in a research report on Wednesday, July 24th. Barclays decreased their price objective on Comcast from $41.00 to $40.00 and set an “equal weight” rating for the company in a report on Thursday, July 25th. Scotiabank raised their target price on Comcast from $47.25 to $47.75 and gave the company a “sector perform” rating in a report on Friday, October 18th. StockNews.com downgraded Comcast from a “strong-buy” rating to a “buy” rating in a report on Tuesday, September 24th. Finally, Rosenblatt Securities restated a “neutral” rating and set a $45.00 price objective on shares of Comcast in a research note on Wednesday, July 24th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and nine have given a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $45.58.

Comcast Stock Up 0.0 %

CMCSA opened at $41.66 on Monday. Comcast Co. has a twelve month low of $36.43 and a twelve month high of $47.11. The company’s 50-day moving average price is $40.52 and its two-hundred day moving average price is $39.47. The stock has a market cap of $163.46 billion, a price-to-earnings ratio of 11.02, a PEG ratio of 1.10 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 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.