Trexquant Investment LP Acquires 15100 Shares of Comcast Corporation (CMCSA)

Union Bankshares Corp now owns 8,743 shares of the cable giant's stock valued at $340,000 after acquiring an additional 101 shares during the last quarter. Moreover, Private Asset Management Inc has 0.04% invested in Comcast Corporation (NASDAQ:CMCSA). New's investment portfolio, making the stock its 27th biggest holding. Canada Pension Plan Investment Board's holdings in Comcast Corporation were worth $68,858,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Tributary Capital Management LLC lifted its stake in Comcast Corporation by 0.3% in the second quarter. Lourd Capital, LLC grew its investment by buying 523 shares an increase of 4.1%. The Harris Associates LP holds 9.85M shares with $383.51M value, up from 9.77 million last quarter. Comcast Corporation now has $176.37B valuation. Sabal Trust CO now owns 14,379 shares of the cable giant's stock valued at $559,000 after acquiring an additional 79 shares during the last quarter. Tower Bridge Advisors boosted its stake in shares of Comcast Corporation by 10.1% during the 2nd quarter. Kovitz Investment Group Partners LLC now owns 7,352 shares of the cable giant's stock worth $286,000 after purchasing an additional 1,108 shares during the period. After having $0.52 EPS previously, Comcast Corporation's analysts see -5.77% EPS growth. Ameriprise Financial Inc. now owns 59,716,372 shares of the cable giant's stock worth $2,244,768,000 after acquiring an additional 29,199,805 shares during the period.

WARNING: This news story was originally posted by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are viewing this article on another site, it was illegally stolen and reposted in violation of U.S. & global copyright laws. The legal version of this report can be viewed at https://stocknewstimes.com/2017/10/11/comcast-corporation-cmcsa-position-reduced-by-cigna-investments-inc-new.html. On Thursday, February 4 the stock rating was maintained by RBC Capital Markets with "Outperform". Their 50-Day Simple Moving Average is a difference of -4.22% from current levels. The stock decreased 0.29% or $0.11 during the last trading session, reaching $37.69.

Comcast Co. has a 12 month low of $30.02 and a 12 month high of $40.62. Hollencrest Securities LLC now owns 22,680 shares of the cable giant's stock valued at $853,000 after buying an additional 10,974 shares during the last quarter. The cable giant reported $0.52 EPS for the quarter, beating analysts' consensus estimates of $0.48 by $0.04. The business had revenue of $21.17 billion during the quarter, compared to analyst estimates of $20.85 billion. Comcast Corporation had a net margin of 11.45% and a return on equity of 16.80%. The firm's revenue was up 9.8% compared to the same quarter a year ago. During the same period in the prior year, the firm earned $0.83 earnings per share.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 26th. Stockholders of record on Wednesday, October 4th will be given a dividend of $0.1575 per share. This represents a $0.63 dividend on an annualized basis and a yield of 1.56%. About shares traded. Vanguard International Dividend Appreciation ETF (NASDAQ:VIGI) has risen 16.07% since October 11, 2016 and is uptrending.

Comcast Corporation's RSI is 41.84.

A number of analysts have commented on the stock. Moffett Nathanson lowered shares of Comcast Corporation from a "buy" rating to a "neutral" rating and set a $45.00 target price for the company.in a research note on Tuesday, June 20th. Robert W. Baird reiterated a "buy" rating and issued a $43.00 price target on shares of Comcast Corporation in a research note on Friday, September 1st. Ignite Restaurant Group Inc (OTCMKTS:IRGTQ) has 0.00% since October 12, 2016 and is. The firm earned "Buy" rating on Wednesday, July 5 by Macquarie Research. Comcast Corporation has an average rating of "Buy" and a consensus target price of $45.83. Pivotal Research maintained the stock with "Buy" rating in Monday, June 26 report. Lakewood Cap Management Ltd Partnership has invested 4.68% in Comcast Corporation (NASDAQ:CMCSA). Bank of New York Mellon Corp now owns 56,323,747 shares of the cable giant's stock worth $2,117,212,000 after acquiring an additional 28,597,277 shares during the period. The stock was sold at an average price of $38.36, for a total transaction of $156,930.76. Following the transaction, the senior vice president now directly owns 725 shares of the company's stock, valued at $28,717.25. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Kenneth J. Bacon sold 2,232 shares of the company's stock in a transaction dated Friday, September 15th. The shares were sold at an average price of $37.27, for a total transaction of $83,186.64.