Fort Washington Investment Advisors Inc. OH Has $148.33 Million Stock Holdings in Comcast Co. (NASDAQ:CMCSA)

Fort Washington Investment Advisors Inc. OH grew its position in Comcast Co. (NASDAQ:CMCSA) by 5.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,952,198 shares of the cable giant’s stock after purchasing an additional 188,948 shares during the period. Comcast makes up approximately 0.9% of Fort Washington Investment Advisors Inc. OH’s investment portfolio, making the stock its 28th largest holding. Fort Washington Investment Advisors Inc. OH’s holdings in Comcast were worth $148,326,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the business. Evergreen Capital Management LLC raised its stake in Comcast by 2.8% in the 2nd quarter. Evergreen Capital Management LLC now owns 79,557 shares of the cable giant’s stock worth $3,115,000 after purchasing an additional 2,153 shares in the last quarter. Resources Management Corp CT ADV raised its stake in Comcast by 12.7% during the second quarter. Resources Management Corp CT ADV now owns 16,230 shares of the cable giant’s stock worth $636,000 after acquiring an additional 1,832 shares in the last quarter. Providence Capital Advisors LLC lifted its stake in Comcast by 13.0% in the 2nd quarter. Providence Capital Advisors LLC now owns 143,172 shares of the cable giant’s stock valued at $5,607,000 after purchasing an additional 16,500 shares during the last quarter. Cheviot Value Management LLC boosted its holdings in shares of Comcast by 8.1% during the 2nd quarter. Cheviot Value Management LLC now owns 263,008 shares of the cable giant’s stock valued at $10,299,000 after acquiring an additional 19,702 shares in the last quarter. Finally, Distillate Capital Partners LLC bought a new stake in Comcast during the 2nd quarter worth approximately $37,824,000. Institutional investors and hedge funds own 84.32% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently commented on CMCSA shares. Rosenblatt Securities restated a “neutral” rating and set a $45.00 target price on shares of Comcast in a research report on Wednesday, November 6th. Barclays increased their target price on shares of Comcast from $40.00 to $42.00 and gave the company an “equal weight” rating in a report on Monday, November 4th. Macquarie restated a “neutral” rating and set a $42.00 price target on shares of Comcast in a research note on Monday, January 6th. Seaport Res Ptn upgraded Comcast from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, December 11th. Finally, Pivotal Research upped their price objective on shares of Comcast from $47.00 to $54.00 and gave the stock a “buy” rating in a research report on Friday, November 1st. One analyst has rated the stock with a sell rating, six have issued a hold rating, ten have issued a buy rating and three have issued a strong buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $47.33.

Insider Buying and Selling

In related news, President Michael J. Cavanagh sold 25,537 shares of the business’s stock in a transaction on Tuesday, November 26th. The shares were sold at an average price of $42.59, for a total value of $1,087,620.83. Following the completion of the sale, the president now owns 534,849 shares of the company’s stock, valued at approximately $22,779,218.91. The trade was a 4.56 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Brian L. Roberts sold 234,464 shares of the stock in a transaction on Tuesday, November 26th. The shares were sold at an average price of $42.66, for a total transaction of $10,002,234.24. Following the transaction, the chief executive officer now directly owns 6,669,928 shares in the company, valued at approximately $284,539,128.48. The trade was a 3.40 % 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 Trading Up 1.1 %

Comcast stock opened at $36.97 on Wednesday. Comcast Co. has a 52 week low of $36.15 and a 52 week high of $47.11. The stock has a 50-day moving average price of $39.81 and a 200 day moving average price of $40.18. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 1.14. The company has a market capitalization of $141.47 billion, a price-to-earnings ratio of 9.94, a price-to-earnings-growth ratio of 1.33 and a beta of 1.01.

Comcast (NASDAQ:CMCSA) last issued its earnings results on Thursday, October 31st. The cable giant reported $1.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.06 by $0.06. The firm had revenue of $32.07 billion during the quarter, compared to analysts’ expectations of $31.78 billion. Comcast had a net margin of 11.92% and a return on equity of 19.81%. The firm’s revenue was up 6.5% compared to the same quarter last year. During the same quarter last year, the company posted $1.08 earnings per share. Sell-side analysts anticipate that Comcast Co. will post 4.25 EPS for the current year.

Comcast 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.