Taking a broader look at the analyst consensus, most recently Comcast Corporation (NASDAQ:CMCSA)'s price target was revised on 05/11/17 and according to 29 analysts stock's price will reach at $45.31 during 52 weeks with standard deviation of 3.19. The stock is presently trading down its SMA-50 of $14.49. Depending on the analyst, target price projections may differ widely.
Marianas Fund Management Llc increased Comcast Corp New (CMCSA) stake by 107.88% reported in 2016Q4 SEC filing. Finally, Wells Fargo & Co reiterated an "outperform" rating and issued a $42.50 price target on shares of Comcast in a report on Friday, April 7th. Finally, Macquarie reaffirmed a buy rating and set a $45.00 price target on shares of Comcast in a report on Thursday, April 27th. Telsey Advisory Group lifted their target price on shares of Comcast from $44.00 to $47.00 and gave the company an "outperform" rating in a research note on Friday, April 28th. There are now 19 recommendations in total that have been tracked in order to arrive at this number, of those, 16 have given the shares a Strong Buy while 2 are recommending a Buy, 1 have given the stock a Hold rating, 0 a Sell and 0 a Strong Sell. Comcast now has a consensus rating of "Buy" and a consensus target price of $43.35.
On Thursday, Shares of Comcast Corporation (NASDAQ:CMCSA) gained 1.50% to $38.67. The stock had a trading volume of 9,210,933 shares. The company has a market capitalization of $184.18 billion, a P/E ratio of 20.560 and a beta of 1.07. Comcast has a 1-year low of $30.02 and a 1-year high of $40.62.
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Comcast (NASDAQ:CMCSA) last issued its quarterly earnings results on Thursday, April 27th. The consensus mean EPS for the current quarter is at $0.48 derived from a total of 25 estimates from the analysts who have weighed in on projected earnings. The business had revenue of $20.46 billion during the quarter, compared to the consensus estimate of $20.10 billion. Quantitative Systematic Strategies Ltd holds 0.44% in Comcast Corporation (NASDAQ:CMCSA) or 15,428 shares. The firm's revenue for the quarter was up 8.9% on a year-over-year basis.
In terms of Buy, Sell or Hold recommendations, Comcast Corporation (NASDAQ:CMCSA) has an average broker recommendation of 1.18.
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 26th. Stockholders of record on Wednesday, July 5th will be issued a $0.1575 dividend. The ex-dividend date is Friday, June 30th. This represents a $0.63 dividend on an annualized basis and a dividend yield of 1.63%.
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Que este sueño se cumpla ahora, por supuesto, que me llena de gran satisfacción", señaló Steinhaus tras hacerse público su ascenso a la élite arbitral.
Currently Comcast Corp A (NASDAQ:CMCSA)'s shares owned by insiders are 0.1%, whereas shares owned by institutional owners are 86.7%. If you are reading this news story on another site, it was illegally stolen and reposted in violation of United States and worldwide copyright laws. The legal version of this news story can be viewed at https://transcriptdaily.com/2017/05/19/comcast-co-cmcsa-receives-buy-rating-from-jefferies-group-llc-updated-updated.html.
In other news, EVP Neil Smit sold 33,000 shares of Comcast stock in a transaction on Wednesday, March 1st. The stock was sold at an average price of $37.62, for a total value of $1,241,460.00. Also, EVP Stephen B. Burke sold 258,380 shares of Comcast stock in a transaction on Wednesday, May 10th. The shares were sold at an average price of $38.99, for a total value of $10,074,236.20. The disclosure for this sale can be found here. Proficio Capital Partners LLC now owns 1,767 shares of the cable giant's stock worth $117,000 after buying an additional 63 shares in the last quarter. Grandfield & Dodd LLC now owns 10,255 shares of the cable giant's stock valued at $680,000 after buying an additional 66 shares during the period. Korea Investment CORP raised its position in Comcast by 15.8% in the third quarter. 3G Capital Partners LP now owns 838,000 shares of the cable giant's stock valued at $57,864,000 after buying an additional 779,525 shares during the period. Seminole Management Co. Inc. increased its position in shares of Comcast by 37.7% in the third quarter. MA now owns 59,880,644 shares of the cable giant's stock valued at $2,250,912,000 after buying an additional 31,678,523 shares during the period. Massmutual Trust Co. FSB ADV purchased a new position in Comcast during the fourth quarter valued at approximately $105,000. Sunbelt Securities Inc. increased its position in shares of Comcast by 1.2% in the fourth quarter. They expect $0.47 EPS, up 14.63% or $0.06 from last year's $0.41 per share. Hedge funds and other institutional investors own 82.03% of the company's stock. Its NBCUniversal business operates in four business segments: Cable Networks, Broadcast Television, Filmed Entertainment and Theme Parks.
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