Chilton Capital Management LLC Has $886,000 Stock Holdings in Comcast Corporation $CMCSA

Chilton Capital Management LLC cut its position in Comcast Corporation (NASDAQ:CMCSA) by 33.0% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 24,811 shares of the cable giant’s stock after selling 12,241 shares during the period. Chilton Capital Management LLC’s holdings in Comcast were worth $886,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of CMCSA. Brighton Jones LLC raised its holdings in Comcast by 150.9% in the fourth quarter. Brighton Jones LLC now owns 166,265 shares of the cable giant’s stock worth $6,240,000 after purchasing an additional 99,986 shares during the period. Creative Financial Designs Inc. ADV raised its holdings in Comcast by 8.5% in the first quarter. Creative Financial Designs Inc. ADV now owns 5,059 shares of the cable giant’s stock worth $187,000 after purchasing an additional 396 shares during the period. Confluence Wealth Services Inc. raised its holdings in Comcast by 14.0% in the first quarter. Confluence Wealth Services Inc. now owns 32,792 shares of the cable giant’s stock worth $1,130,000 after purchasing an additional 4,036 shares during the period. Joel Isaacson & Co. LLC raised its holdings in Comcast by 12.5% in the first quarter. Joel Isaacson & Co. LLC now owns 187,107 shares of the cable giant’s stock worth $6,904,000 after purchasing an additional 20,812 shares during the period. Finally, Root Financial Partners LLC increased its position in shares of Comcast by 32.0% during the first quarter. Root Financial Partners LLC now owns 10,233 shares of the cable giant’s stock worth $378,000 after acquiring an additional 2,480 shares in the last quarter. 84.32% of the stock is currently owned by institutional investors and hedge funds.

Comcast Price Performance

CMCSA stock opened at $29.28 on Monday. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.99. Comcast Corporation has a 12 month low of $29.15 and a 12 month high of $45.31. The firm has a market cap of $108.11 billion, a P/E ratio of 4.84, a P/E/G ratio of 1.73 and a beta of 0.94. The company’s 50-day moving average price is $31.92 and its two-hundred day moving average price is $33.52.

Comcast (NASDAQ:CMCSA) last released its quarterly earnings data on Monday, March 13th. The cable giant reported $0.77 earnings per share (EPS) for the quarter. The business had revenue of $30.34 billion during the quarter. Comcast had a net margin of 18.44% and a return on equity of 18.86%. On average, analysts anticipate that Comcast Corporation will post 4.33 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the stock. Benchmark restated a “buy” rating on shares of Comcast in a report on Friday, July 18th. The Goldman Sachs Group dropped their price objective on shares of Comcast from $40.00 to $39.00 and set a “buy” rating on the stock in a report on Wednesday, September 24th. UBS Group set a $43.00 price objective on shares of Comcast in a report on Friday, October 3rd. Moffett Nathanson raised their price objective on shares of Comcast from $56.00 to $58.00 and gave the stock a “buy” rating in a report on Friday, September 12th. Finally, KeyCorp dropped their price objective on shares of Comcast from $45.00 to $43.00 and set an “overweight” rating on the stock in a report on Friday, October 3rd. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, fourteen have given a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $39.76.

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.