Bank of New Hampshire Has $219,000 Stock Position in Comcast Co. (NASDAQ:CMCSA)

Bank of New Hampshire lessened its holdings in Comcast Co. (NASDAQ:CMCSA) by 8.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 5,825 shares of the cable giant’s stock after selling 570 shares during the quarter. Bank of New Hampshire’s holdings in Comcast were worth $219,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Koshinski Asset Management Inc. grew its position in Comcast by 0.8% in the third quarter. Koshinski Asset Management Inc. now owns 30,584 shares of the cable giant’s stock valued at $1,277,000 after acquiring an additional 249 shares during the period. Taurus Asset Management LLC grew its holdings in shares of Comcast by 2.9% in the 3rd quarter. Taurus Asset Management LLC now owns 9,125 shares of the cable giant’s stock worth $381,000 after purchasing an additional 253 shares during the last quarter. Regent Peak Wealth Advisors LLC increased its position in shares of Comcast by 3.1% during the 3rd quarter. Regent Peak Wealth Advisors LLC now owns 8,445 shares of the cable giant’s stock worth $353,000 after purchasing an additional 257 shares in the last quarter. Abich Financial Wealth Management LLC lifted its holdings in Comcast by 4.7% during the 3rd quarter. Abich Financial Wealth Management LLC now owns 5,829 shares of the cable giant’s stock valued at $243,000 after purchasing an additional 260 shares during the last quarter. Finally, Greenwich Wealth Management LLC boosted its position in Comcast by 2.7% in the second quarter. Greenwich Wealth Management LLC now owns 9,754 shares of the cable giant’s stock valued at $382,000 after buying an additional 261 shares in the last quarter. Institutional investors own 84.32% of the company’s stock.

Comcast Trading Down 0.8 %

NASDAQ CMCSA opened at $37.18 on Wednesday. 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 Co. has a 12 month low of $36.43 and a 12 month high of $47.11. The company has a market capitalization of $142.27 billion, a PE ratio of 9.99, a P/E/G ratio of 1.50 and a beta of 1.01. The stock has a 50-day simple moving average of $41.06 and a 200 day simple moving average of $40.29.

Comcast (NASDAQ:CMCSA) last announced its quarterly earnings results on Thursday, October 31st. The cable giant reported $1.12 earnings per share for the quarter, beating analysts’ consensus estimates of $1.06 by $0.06. The business had revenue of $32.07 billion for the quarter, compared to the consensus estimate of $31.78 billion. Comcast had a net margin of 11.92% and a return on equity of 19.81%. Comcast’s revenue for the quarter was up 6.5% on a year-over-year basis. During the same period last year, the company posted $1.08 EPS. Research analysts forecast that Comcast Co. will post 4.26 EPS for the current year.

Comcast Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 29th. Stockholders of record on Wednesday, January 8th will be issued a $0.31 dividend. This represents a $1.24 annualized dividend and a dividend yield of 3.34%. The ex-dividend date is Wednesday, January 8th. Comcast’s dividend payout ratio (DPR) is 33.33%.

Analysts Set New Price Targets

A number of research firms have recently issued reports on CMCSA. Seaport Res Ptn upgraded shares of Comcast from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, December 11th. Macquarie reiterated a “neutral” rating and issued a $42.00 price objective on shares of Comcast in a research report on Monday. KeyCorp increased their target price on Comcast from $44.00 to $47.00 and gave the stock an “overweight” rating in a report on Friday, November 1st. Scotiabank raised Comcast from a “sector perform” rating to a “sector outperform” rating and lifted their price target for the company from $47.75 to $48.00 in a report on Friday, November 1st. Finally, Benchmark reiterated a “buy” rating and set a $60.00 price target on shares of Comcast in a research report on Tuesday, November 19th. One analyst has rated the stock with a sell rating, six have assigned a hold rating, eleven have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $47.33.

Insider Activity at Comcast

In other news, CEO Brian L. Roberts sold 234,464 shares of the company’s stock in a transaction that occurred on Tuesday, November 26th. The shares were sold at an average price of $42.66, for a total value of $10,002,234.24. Following the completion of the transaction, the chief executive officer now 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, President Michael J. Cavanagh sold 25,537 shares of the firm’s stock in a transaction on 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 approximately $22,779,218.91. The trade was 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 corporate insiders.

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.