Donald L. Hagan LLC Trims Position in Comcast Co. (NASDAQ:CMCSA)

Donald L. Hagan LLC cut its holdings in shares of Comcast Co. (NASDAQ:CMCSA) by 4.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 44,026 shares of the cable giant’s stock after selling 1,824 shares during the quarter. Comcast accounts for about 0.9% of Donald L. Hagan LLC’s portfolio, making the stock its 24th largest holding. Donald L. Hagan LLC’s holdings in Comcast were worth $1,652,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of CMCSA. Wilmington Savings Fund Society FSB increased its holdings in shares of Comcast by 55,334.5% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 8,273,052 shares of the cable giant’s stock valued at $345,565,000 after purchasing an additional 8,258,128 shares in the last quarter. FMR LLC increased its holdings in shares of Comcast by 5.4% during the 3rd quarter. FMR LLC now owns 117,420,328 shares of the cable giant’s stock valued at $4,904,647,000 after purchasing an additional 6,062,658 shares in the last quarter. Public Sector Pension Investment Board increased its holdings in shares of Comcast by 530.5% during the 3rd quarter. Public Sector Pension Investment Board now owns 3,429,298 shares of the cable giant’s stock valued at $143,242,000 after purchasing an additional 2,885,370 shares in the last quarter. SG Americas Securities LLC increased its holdings in shares of Comcast by 211.7% during the 3rd quarter. SG Americas Securities LLC now owns 2,890,571 shares of the cable giant’s stock valued at $120,739,000 after purchasing an additional 1,963,246 shares in the last quarter. Finally, National Bank of Canada FI increased its holdings in shares of Comcast by 31.7% during the 3rd quarter. National Bank of Canada FI now owns 7,613,977 shares of the cable giant’s stock valued at $318,036,000 after purchasing an additional 1,833,453 shares in the last quarter. 84.32% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Comcast

In other Comcast news, CEO Brian L. Roberts sold 234,464 shares of the business’s stock in a transaction dated Tuesday, November 26th. The shares were sold at an average price of $42.66, for a total transaction of $10,002,234.24. Following the sale, the chief executive officer now directly owns 6,669,928 shares in the company, valued at $284,539,128.48. This represents a 3.40 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, President Michael J. Cavanagh sold 25,537 shares of the business’s stock in a transaction dated Tuesday, November 26th. The stock was sold at an average price of $42.59, for a total transaction of $1,087,620.83. Following the sale, the president now owns 534,849 shares in the company, valued at $22,779,218.91. This trade represents a 4.56 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.26% of the stock is owned by insiders.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on CMCSA shares. Macquarie reaffirmed a “neutral” rating and set a $42.00 target price on shares of Comcast in a report on Monday, January 6th. Barclays lifted their price target on shares of Comcast from $40.00 to $42.00 and gave the company an “equal weight” rating in a research note on Monday, November 4th. StockNews.com raised shares of Comcast from a “buy” rating to a “strong-buy” rating in a research note on Friday, January 17th. Seaport Res Ptn raised shares of Comcast from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, December 11th. Finally, Wells Fargo & Company dropped their price target on shares of Comcast from $46.00 to $45.00 and set an “equal weight” rating on the stock in a research note on Monday, January 6th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, ten have assigned a buy rating and three have given a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $47.33.

Comcast Stock Down 11.0 %

Shares of CMCSA opened at $33.25 on Friday. The firm has a market cap of $127.23 billion, a P/E ratio of 8.94, a price-to-earnings-growth ratio of 1.35 and a beta of 1.01. Comcast Co. has a 12-month low of $32.50 and a 12-month high of $47.11. The company’s 50-day moving average price is $39.01 and its 200 day moving average price is $40.15. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 1.14.

Comcast (NASDAQ:CMCSA) last issued its quarterly earnings data on Thursday, January 30th. The cable giant reported $0.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.88 by $0.08. Comcast had a net margin of 11.92% and a return on equity of 19.81%. On average, sell-side analysts forecast that Comcast Co. will post 4.25 earnings per share for the current year.

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.