Orrstown Monetary Companies Inc. Sells 1,967 Shares of Comcast Co. (NASDAQ:CMCSA)



Orrstown Monetary Companies Inc. reduce its stake in Comcast Co. (NASDAQ:CMCSA – Get Ranking) by 14.4% within the 1st quarter, in response to its most up-to-date submitting with the Securities and Change Fee. The institutional investor owned 11,728 shares of the cable big’s inventory after promoting 1,967 shares throughout the quarter. Orrstown Monetary Companies Inc.’s holdings in Comcast have been value $549,000 on the finish of the latest quarter.

Different hedge funds and different institutional traders additionally not too long ago modified their holdings of the corporate. Migdal Insurance coverage & Monetary Holdings Ltd. purchased a brand new place in shares of Comcast within the third quarter value about $26,000. AHL Funding Administration Inc. purchased a brand new place in shares of Comcast within the 4th quarter value about $30,000. Sandy Cove Advisors LLC purchased a brand new place in shares of Comcast within the 4th quarter value about $31,000. Core Various Capital elevated its stake in shares of Comcast by 86.9% within the 4th quarter. Core Various Capital now owns 684 shares of the cable big’s inventory value $34,000 after buying a further 318 shares within the final quarter. Lastly, Rise Advisors LLC purchased a brand new place in shares of Comcast within the 4th quarter value about $36,000. Institutional traders and hedge funds personal 83.33% of the corporate’s inventory.

In different Comcast information, CAO Daniel C. Murdock offered 8,929 shares of the agency’s inventory in a transaction that occurred on Friday, Might twenty seventh. The shares have been offered at a mean value of $44.50, for a complete transaction of $397,340.50. Following the sale, the chief accounting officer now owns 1,817 shares within the firm, valued at roughly $80,856.50. The transaction was disclosed in a doc filed with the SEC, which is obtainable by this hyperlink. 1.11% of the inventory is at present owned by firm insiders.

Shares of NASDAQ:CMCSA opened at $38.19 on Wednesday. The agency’s 50 day transferring common value is $42.66 and its 200-day transferring common value is $46.39. Comcast Co. has a twelve month low of $37.56 and a twelve month excessive of $61.80. The corporate has a fast ratio of 0.86, a present ratio of 0.86 and a debt-to-equity ratio of 1.02. The inventory has a market capitalization of $173.12 billion, a PE ratio of 12.32, a price-to-earnings-growth ratio of 0.81 and a beta of 0.96.

Comcast (NASDAQ:CMCSA – Get Ranking) final issued its quarterly earnings knowledge on Thursday, April twenty eighth. The cable big reported $0.86 earnings per share for the quarter, topping the consensus estimate of $0.80 by $0.06. Comcast had a web margin of 11.96% and a return on fairness of 15.92%. The agency had income of $31.01 billion for the quarter, in comparison with analysts’ expectations of $30.40 billion. Throughout the identical quarter within the prior 12 months, the enterprise earned $0.76 EPS. The enterprise’s quarterly income was up 14.0% on a year-over-year foundation. Analysts count on that Comcast Co. will put up 3.62 earnings per share for the present fiscal 12 months.

The corporate additionally not too long ago introduced a quarterly dividend, which will probably be paid on Wednesday, July twenty seventh. Shareholders of file on Wednesday, July sixth will probably be paid a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized foundation and a yield of two.83%. The ex-dividend date of this dividend is Tuesday, July fifth. Comcast’s payout ratio is 34.84%.

CMCSA has been the topic of a number of analysis experiences. Rosenblatt Securities assumed protection on shares of Comcast in a analysis be aware on Tuesday, April nineteenth. They issued a “impartial” score and a $51.00 value goal for the corporate. Oppenheimer reduce their value goal on shares of Comcast from $75.00 to $60.00 and set an “outperform” score on the inventory in a analysis report on Thursday, April 14th. StockNews.com raised shares of Comcast from a “purchase” score to a “strong-buy” score in a analysis report on Friday, June tenth. Morgan Stanley reduce their value goal on shares of Comcast from $60.00 to $55.00 in a analysis report on Friday, April twenty ninth. Lastly, Financial institution of America downgraded shares of Comcast from a “purchase” score to a “impartial” score and reduce their value goal for the corporate from $67.00 to $50.00 in a analysis report on Friday, April twenty ninth. One analysis analyst has rated the inventory with a promote score, eight have assigned a maintain score, fourteen have given a purchase score and one has given a powerful purchase score to the corporate’s inventory. Based on knowledge from MarketBeat, the inventory has a consensus score of “Average Purchase” and a mean goal value of $58.38.

Comcast Firm Profile (Get Ranking)

Comcast Company operates as a media and know-how firm worldwide. It operates by Cable Communications, Media, Studios, Theme Parks, and Sky segments. The Cable Communications phase gives broadband, video, voice, wi-fi, and different companies to residential and enterprise prospects below the Xfinity model; and promoting companies.

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Institutional Ownership by Quarter for Comcast (NASDAQ:CMCSA)



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