Oak Harvest Investment Services Acquires 9,820 Shares of Comcast Co. (NASDAQ:CMCSA)

Oak Harvest Investment Services raised its holdings in Comcast Co. (NASDAQ:CMCSA) by 6.8% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 153,850 shares of the cable giant’s stock after buying an additional 9,820 shares during the quarter. Oak Harvest Investment Services’ holdings in Comcast were worth $6,426,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Fairscale Capital LLC acquired a new position in Comcast during the 2nd quarter worth approximately $26,000. McClarren Financial Advisors Inc. raised its position in shares of Comcast by 365.4% during the third quarter. McClarren Financial Advisors Inc. now owns 726 shares of the cable giant’s stock worth $30,000 after purchasing an additional 570 shares during the period. Iron Horse Wealth Management LLC lifted its holdings in shares of Comcast by 220.3% in the 3rd quarter. Iron Horse Wealth Management LLC now owns 759 shares of the cable giant’s stock worth $32,000 after purchasing an additional 522 shares in the last quarter. IAG Wealth Partners LLC grew its position in Comcast by 204.7% in the 2nd quarter. IAG Wealth Partners LLC now owns 777 shares of the cable giant’s stock valued at $30,000 after purchasing an additional 522 shares during the period. Finally, Archer Investment Corp increased its stake in Comcast by 177.1% during the 2nd quarter. Archer Investment Corp now owns 812 shares of the cable giant’s stock valued at $32,000 after purchasing an additional 519 shares in the last quarter. 84.32% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

CMCSA has been the subject of a number of analyst reports. Pivotal Research reduced their price objective on shares of Comcast from $48.00 to $47.00 and set a “buy” rating for the company in a report on Wednesday, July 24th. Scotiabank lifted their price target on Comcast from $47.25 to $47.75 and gave the company a “sector perform” rating in a research note on Friday, October 18th. StockNews.com lowered Comcast from a “strong-buy” rating to a “buy” rating in a report on Tuesday, September 24th. Benchmark reissued a “buy” rating and issued a $55.00 price target on shares of Comcast in a research report on Wednesday. Finally, Rosenblatt Securities reaffirmed a “neutral” rating and set a $45.00 price objective on shares of Comcast in a report on Wednesday, July 24th. One research 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. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $45.58.

Comcast Stock Up 0.4 %

Shares of NASDAQ CMCSA opened at $42.24 on Thursday. The business’s fifty day moving average price is $40.64 and its 200-day moving average price is $39.52. Comcast Co. has a one year low of $36.43 and a one year high of $47.11. The stock has a market capitalization of $165.73 billion, a PE ratio of 11.17, a P/E/G ratio of 1.10 and a beta of 1.01. The company has a debt-to-equity ratio of 1.16, a current ratio of 0.66 and a quick ratio of 0.66.

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.