Boston Trust Walden Corp Has $107.87 Million Holdings in Comcast Co. (NASDAQ:CMCSA)

Boston Trust Walden Corp lowered its stake in shares of Comcast Co. (NASDAQ:CMCSA) by 1.5% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 2,582,487 shares of the cable giant’s stock after selling 40,044 shares during the period. Comcast makes up approximately 0.8% of Boston Trust Walden Corp’s portfolio, making the stock its 29th biggest holding. Boston Trust Walden Corp owned about 0.07% of Comcast worth $107,870,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Fairscale Capital LLC bought a new position in shares of Comcast during the second quarter valued at about $26,000. McClarren Financial Advisors Inc. boosted its stake in shares of Comcast by 365.4% in the 3rd quarter. McClarren Financial Advisors Inc. now owns 726 shares of the cable giant’s stock worth $30,000 after buying an additional 570 shares during the last quarter. Iron Horse Wealth Management LLC grew its holdings in shares of Comcast by 220.3% in the third quarter. Iron Horse Wealth Management LLC now owns 759 shares of the cable giant’s stock valued at $32,000 after acquiring an additional 522 shares in the last quarter. IAG Wealth Partners LLC increased its position in shares of Comcast by 204.7% during the second quarter. IAG Wealth Partners LLC now owns 777 shares of the cable giant’s stock valued at $30,000 after acquiring an additional 522 shares during the last quarter. Finally, Archer Investment Corp lifted its holdings in Comcast by 177.1% during the second quarter. Archer Investment Corp now owns 812 shares of the cable giant’s stock worth $32,000 after acquiring an additional 519 shares during the period. 84.32% of the stock is owned by institutional investors.

Comcast Price Performance

NASDAQ CMCSA traded up $0.01 during trading hours on Friday, reaching $41.66. 19,363,495 shares of the stock traded hands, compared to its average volume of 19,538,361. 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 stock has a 50 day simple moving average of $40.52 and a two-hundred day simple moving average of $39.47. Comcast Co. has a 1 year low of $36.43 and a 1 year high of $47.11. The company has a market cap of $163.46 billion, a price-to-earnings ratio of 11.02, a price-to-earnings-growth ratio of 1.10 and a beta of 1.01.

Comcast (NASDAQ:CMCSA) last issued its quarterly earnings results on Tuesday, July 23rd. The cable giant reported $1.21 EPS for the quarter, beating analysts’ consensus estimates of $1.12 by $0.09. Comcast had a net margin of 12.46% and a return on equity of 20.17%. The business had revenue of $29.69 billion for the quarter, compared to analysts’ expectations of $30.02 billion. During the same period last year, the business earned $1.13 earnings per share. The business’s quarterly revenue was down 2.7% on a year-over-year basis. On average, analysts predict that Comcast Co. will post 4.23 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on CMCSA. Scotiabank raised their price objective on shares of Comcast from $47.25 to $47.75 and gave the stock a “sector perform” rating in a report on Friday, October 18th. Barclays decreased their price target on shares of Comcast from $41.00 to $40.00 and set an “equal weight” rating for the company in a research note on Thursday, July 25th. Rosenblatt Securities reiterated a “neutral” rating and issued a $45.00 price objective on shares of Comcast in a research note on Wednesday, July 24th. Deutsche Bank Aktiengesellschaft decreased their target price on Comcast from $50.00 to $49.00 and set a “buy” rating for the company in a research report on Wednesday, July 24th. Finally, KeyCorp cut their price target on Comcast from $45.00 to $44.00 and set an “overweight” rating for the company in a research note on Wednesday, July 24th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and nine have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $45.58.

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.