Dupont Capital Management Corp Boosts Stake in Comcast Corporation (CMCSA)

Dupont Capital Management Corp lifted its holdings in Comcast Corporation (NASDAQ:CMCSA) by 12.7% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 882,611 shares of the cable giant’s stock after buying an additional 99,584 shares during the period. Comcast Corporation comprises 0.8% of Dupont Capital Management Corp’s holdings, making the stock its 14th largest holding. Dupont Capital Management Corp’s holdings in Comcast Corporation were worth $34,351,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of the company. State Street Corp grew its holdings in Comcast Corporation by 97.6% during the 1st quarter. State Street Corp now owns 199,519,367 shares of the cable giant’s stock valued at $7,499,933,000 after purchasing an additional 98,570,377 shares during the last quarter. Clearbridge Investments LLC grew its holdings in Comcast Corporation by 97.6% during the 1st quarter. Clearbridge Investments LLC now owns 97,454,749 shares of the cable giant’s stock valued at $3,663,324,000 after purchasing an additional 48,147,456 shares during the last quarter. Ameriprise Financial Inc. grew its holdings in Comcast Corporation by 95.7% during the 1st quarter. Ameriprise Financial Inc. now owns 59,716,372 shares of the cable giant’s stock valued at $2,244,768,000 after purchasing an additional 29,199,805 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in Comcast Corporation by 103.1% during the 1st quarter. Bank of New York Mellon Corp now owns 56,323,747 shares of the cable giant’s stock valued at $2,117,212,000 after purchasing an additional 28,597,277 shares during the last quarter. Finally, First Eagle Investment Management LLC grew its holdings in Comcast Corporation by 56.9% during the 1st quarter. First Eagle Investment Management LLC now owns 34,799,928 shares of the cable giant’s stock valued at $1,308,129,000 after purchasing an additional 12,625,830 shares during the last quarter. Hedge funds and other institutional investors own 81.84% of the company’s stock.

Several brokerages recently commented on CMCSA. Guggenheim upgraded shares of Comcast Corporation from a “neutral” rating to a “buy” rating and upped their price target for the company from $42.00 to $46.00 in a report on Thursday, August 3rd. BidaskClub downgraded shares of Comcast Corporation from a “buy” rating to a “hold” rating in a report on Friday, June 23rd. Instinet reiterated a “buy” rating and set a $46.00 price target on shares of Comcast Corporation in a report on Wednesday, June 28th. Wells Fargo & Company reiterated an “outperform” rating and set a $44.00 price target on shares of Comcast Corporation in a report on Wednesday, June 28th. Finally, Moffett Nathanson upgraded shares of Comcast Corporation from a “neutral” rating to a “buy” rating and set a $45.00 price target on the stock in a report on Tuesday, September 12th. They noted that the move was a valuation call. Three investment analysts have rated the stock with a hold rating and twenty-four have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of $45.83.

Shares of Comcast Corporation (CMCSA) opened at 36.61 on Tuesday. Comcast Corporation has a 12 month low of $30.02 and a 12 month high of $42.18. The stock has a 50 day moving average of $38.35 and a 200 day moving average of $39.25. The stock has a market cap of $172.56 billion, a PE ratio of 18.44 and a beta of 0.98.

Comcast Corporation (NASDAQ:CMCSA) last announced its quarterly earnings data on Thursday, July 27th. The cable giant reported $0.52 earnings per share for the quarter, beating analysts’ consensus estimates of $0.48 by $0.04. The firm had revenue of $21.17 billion during the quarter, compared to analysts’ expectations of $20.85 billion. Comcast Corporation had a net margin of 11.45% and a return on equity of 16.80%. The business’s quarterly revenue was up 9.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.83 earnings per share. On average, equities analysts anticipate that Comcast Corporation will post $2.04 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 25th. Investors of record on Wednesday, October 4th will be issued a $0.1575 dividend. This represents a $0.63 dividend on an annualized basis and a dividend yield of 1.72%. The ex-dividend date is Tuesday, October 3rd. Comcast Corporation’s dividend payout ratio (DPR) is currently 31.74%.

In related news, Director Kenneth J. Bacon sold 2,232 shares of Comcast Corporation stock in a transaction that occurred on Friday, September 15th. The shares were sold at an average price of $37.27, for a total value of $83,186.64. Following the completion of the transaction, the director now owns 24,580 shares in the company, valued at $916,096.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Arthur R. Block sold 4,091 shares of Comcast Corporation stock in a transaction that occurred on Thursday, September 28th. The stock was sold at an average price of $38.36, for a total transaction of $156,930.76. Following the completion of the transaction, the executive vice president now owns 68,478 shares of the company’s stock, valued at approximately $2,626,816.08. The disclosure for this sale can be found here. Insiders sold 9,982 shares of company stock valued a

Several other institutional investors have also bought and sold shares of the company. State Street Corp grew its holdings in Comcast Corporation by 97.6% during the 1st quarter. State Street Corp now owns 199,519,367 shares of the cable giant’s stock valued at $7,499,933,000 after purchasing an additional 98,570,377 shares during the last quarter. Clearbridge Investments LLC grew its holdings in Comcast Corporation by 97.6% during the 1st quarter. Clearbridge Investments LLC now owns 97,454,749 shares of the cable giant’s stock valued at $3,663,324,000 after purchasing an additional 48,147,456 shares during the last quarter. Ameriprise Financial Inc. grew its holdings in Comcast Corporation by 95.7% during the 1st quarter. Ameriprise Financial Inc. now owns 59,716,372 shares of the cable giant’s stock valued at $2,244,768,000 after purchasing an additional 29,199,805 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in Comcast Corporation by 103.1% during the 1st quarter. Bank of New York Mellon Corp now owns 56,323,747 shares of the cable giant’s stock valued at $2,117,212,000 after purchasing an additional 28,597,277 shares during the last quarter. Finally, First Eagle Investment Management LLC grew its holdings in Comcast Corporation by 56.9% during the 1st quarter. First Eagle Investment Management LLC now owns 34,799,928 shares of the cable giant’s stock valued at $1,308,129,000 after purchasing an additional 12,625,830 shares during the last quarter. Hedge funds and other institutional investors own 81.84% of the company’s stock.

Several brokerages recently commented on CMCSA. Guggenheim upgraded shares of Comcast Corporation from a “neutral” rating to a “buy” rating and upped their price target for the company from $42.00 to $46.00 in a report on Thursday, August 3rd. BidaskClub downgraded shares of Comcast Corporation from a “buy” rating to a “hold” rating in a report on Friday, June 23rd. Instinet reiterated a “buy” rating and set a $46.00 price target on shares of Comcast Corporation in a report on Wednesday, June 28th. Wells Fargo & Company reiterated an “outperform” rating and set a $44.00 price target on shares of Comcast Corporation in a report on Wednesday, June 28th. Finally, Moffett Nathanson upgraded shares of Comcast Corporation from a “neutral” rating to a “buy” rating and set a $45.00 price target on the stock in a report on Tuesday, September 12th. They noted that the move was a valuation call. Three investment analysts have rated the stock with a hold rating and twenty-four have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of $45.83.

Shares of Comcast Corporation (CMCSA) opened at 36.61 on Tuesday. Comcast Corporation has a 12 month low of $30.02 and a 12 month high of $42.18. The stock has a 50 day moving average of $38.35 and a 200 day moving average of $39.25. The stock has a market cap of $172.56 billion, a PE ratio of 18.44 and a beta of 0.98.

Comcast Corporation (NASDAQ:CMCSA) last announced its quarterly earnings data on Thursday, July 27th. The cable giant reported $0.52 earnings per share for the quarter, beating analysts’ consensus estimates of $0.48 by $0.04. The firm had revenue of $21.17 billion during the quarter, compared to analysts’ expectations of $20.85 billion. Comcast Corporation had a net margin of 11.45% and a return on equity of 16.80%. The business’s quarterly revenue was up 9.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.83 earnings per share. On average, equities analysts anticipate that Comcast Corporation will post $2.04 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 25th. Investors of record on Wednesday, October 4th will be issued a $0.1575 dividend. This represents a $0.63 dividend on an annualized basis and a dividend yield of 1.72%. The ex-dividend date is Tuesday, October 3rd. Comcast Corporation’s dividend payout ratio (DPR) is currently 31.74%.

In related news, Director Kenneth J. Bacon sold 2,232 shares of Comcast Corporation stock in a transaction that occurred on Friday, September 15th. The shares were sold at an average price of $37.27, for a total value of $83,186.64. Following the completion of the transaction, the director now owns 24,580 shares in the company, valued at $916,096.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Arthur R. Block sold 4,091 shares of Comcast Corporation stock in a transaction that occurred on Thursday, September 28th. The stock was sold at an average price of $38.36, for a total transaction of $156,930.76. Following the completion of the transaction, the executive vice president now owns 68,478 shares of the company’s stock, valued at approximately $2,626,816.08. The disclosure for this sale can be found here. Insiders sold 9,982 shares of company stock valued at $385,050 in the last 90 days. Company insiders own 1.28% of the company’s stock.

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Comcast Corporation Company Profile

Comcast Corporation is a media and technology company. The Company has two primary businesses: Comcast Cable and NBCUniversal. Its Comcast Cable business operates in the Cable Communications segment. Its NBCUniversal business operates in four business segments: Cable Networks, Broadcast Television, Filmed Entertainment and Theme Parks.

Institutional Ownership by Quarter for Comcast Corporation (NASDAQ:CMCSA)

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