Comcast Corporation (NASDAQ:CMCSA) declared a quarterly dividend on Thursday, October 26th, Zacks reports. Investors of record on Wednesday, January 3rd will be paid a dividend of 0.157 per share by the cable giant on Wednesday, January 24th. This represents a $0.63 dividend on an annualized basis and a yield of 1.55%. The ex-dividend date of this dividend is Tuesday, January 2nd.
Comcast (NASDAQ CMCSA) opened at $40.41 on Thursday. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.74 and a quick ratio of 0.74. Comcast has a 52-week low of $34.12 and a 52-week high of $42.18. The company has a market capitalization of $190,596.38, a PE ratio of 19.47, a price-to-earnings-growth ratio of 1.96 and a beta of 1.01.
Comcast (NASDAQ:CMCSA) last released its quarterly earnings data on Thursday, October 26th. The cable giant reported $0.52 EPS for the quarter, beating the consensus estimate of $0.49 by $0.03. Comcast had a return on equity of 17.17% and a net margin of 11.99%. The company had revenue of $20.98 billion for the quarter, compared to analyst estimates of $21.05 billion. During the same period last year, the company posted $0.92 earnings per share. The firm’s revenue was down 1.6% compared to the same quarter last year. equities research analysts anticipate that Comcast will post 2.05 EPS for the current fiscal year.
In other news, Chairman Brian L. Roberts sold 583,835 shares of the business’s stock in a transaction that occurred on Thursday, December 14th. The stock was sold at an average price of $38.67, for a total transaction of $22,576,899.45. Following the completion of the transaction, the chairman now directly owns 1,711,798 shares in the company, valued at $66,195,228.66. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Arthur R. Block sold 5,630 shares of the business’s stock in a transaction that occurred on Monday, December 18th. The stock was sold at an average price of $39.89, for a total value of $224,580.70. Following the transaction, the executive vice president now owns 71,664 shares of the company’s stock, valued at $2,858,676.96. The disclosure for this sale can be found here. Insiders own 1.28% of the company’s stock.
Several hedge funds and other institutional investors have recently modified their holdings of the company. Roberts Glore & Co. Inc. IL boosted its position in shares of Comcast by 2.1% during the second quarter. Roberts Glore & Co. Inc. IL now owns 9,234 shares of the cable giant’s stock worth $359,000 after buying an additional 190 shares during the period. Balentine LLC raised its holdings in Comcast by 1.5% during the second quarter. Balentine LLC now owns 13,774 shares of the cable giant’s stock worth $536,000 after purchasing an additional 200 shares in the last quarter. Highland Private Wealth Management raised its holdings in Comcast by 3.1% during the second quarter. Highland Private Wealth Management now owns 7,156 shares of the cable giant’s stock worth $278,000 after purchasing an additional 214 shares in the last quarter. Laurel Wealth Advisors Inc. raised its holdings in Comcast by 2.6% during the second quarter. Laurel Wealth Advisors Inc. now owns 12,524 shares of the cable giant’s stock worth $487,000 after purchasing an additional 318 shares in the last quarter. Finally, Sunbelt Securities Inc. raised its holdings in Comcast by 7.0% during the second quarter. Sunbelt Securities Inc. now owns 9,523 shares of the cable giant’s stock worth $371,000 after purchasing an additional 626 shares in the last quarter. Institutional investors and hedge funds own 82.13% of the company’s stock.
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Comcast Corporation is a media and technology company. The Company has two primary businesses: Comcast Cable and NBCUniversal. Its Comcast Cable business operates in the Cable Communications segment. Its NBCUniversal business operates in four business segments: Cable Networks, Broadcast Television, Filmed Entertainment and Theme Parks.
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