Monday, 21 January, 2019

Comcast (NASDAQ:CMCSA) Position Lessened by Standard Life Aberdeen plc

Nellie Chapman | 26 April, 2018, 11:12

Comcast had 22 analyst reports since October 26, 2017 according to SRatingsIntel. (NYSE:RES) for 92,283 shares. Edgar Lomax Comm Va invested 1.46% in Comcast Corporation (NASDAQ:CMCSA). Inc. reported 294,835 shares in Comcast Corp equivalent to 12.94% of its equity exposure.

Comcast (NASDAQ:CMCSA) last announced its quarterly earnings results on Wednesday, January 24th. The business is scheduled to issue its next earnings results before the market opens on Thursday, July 27th.

CMCSA is touching $34.245 during the last trading session, after increased 2.68%.Comcast Corporation has volume of 19.51M shares. Their revenue meanwhile grew by 4% from the last quarter, totaling $21.82 billion.

Theme parks revenue increased 14.5 percent in the quarter to $1.3 billion "due to higher per capita spending, which benefited from the timing of spring holidays, as well as the continued success of Volcano Bay in Orlando, Minion Park in Japan and The Wizarding World of Harry Potter in Hollywood". The firm's quarterly revenue was up 8.9% compared to the same quarter past year. Clarius Group LLC now owns 8,041 shares of the cable giant's stock valued at $313,000 after purchasing an additional 32 shares during the last quarter. Other Wall Street experts have also recently posted reports on these shares. Finally, TD Securities raised their target price on shares of Comcast from $51.00 to $52.00 and gave the company a "buy" rating in a research note on Thursday, January 25th.

According to 24 stock analysts, Comcast Corporation, is being kept at an average Outperform, rating, with at least 1.33% of shares outstanding that are now legally short sold. Evercore ISI reiterated an "outperform" rating and set a $48.00 price target (up previously from $44.00) on shares of Comcast in a research report on Tuesday, January 9th. Scotia Capital has "Buy" rating and $52.0 target.

Among 24 analysts covering RPC (NYSE:RES), 6 have Buy rating, 1 Sell and 17 Hold. On Thursday, August 3 the stock rating was upgraded by Guggenheim to "Buy".

In related news, Director Kenneth J. Bacon sold 7,500 shares of Comcast Corporation stock in a transaction that occurred on Thursday, May 25th.

On 3/21/2018 Arthur R Block, EVP, sold 6,700 with an average share price of $34.84 per share and the total transaction amounting to $233,428.00. Vantage Advsr Lc owns 216,275 shares for 1.99% of their portfolio. The sale was disclosed in a document filed with the SEC, which is available through this link.

On 3/19/2018 Daniel C Murdock, SVP, sold 1,891 with an average share price of $35.60 per share and the total transaction amounting to $67,319.60. The company has market cap of $8.20 million. The disclosure for this sale can be found here. [NameInsider] [SoldBought] shares worth $[Value]. Geode Capital Management LLC increased its position in shares of Comcast by 1.2% during the fourth quarter. HM Payson & Co. now owns 38,837 shares of the cable giant's stock worth $1,555,000 after purchasing an additional 4,035 shares during the last quarter. Clear Perspective Advisors LLC raised its stake in Comcast by 100.1% in the second quarter. The Pictet & Cie Europe Sa holds 11,190 shares with $448,000 value, down from 25,036 last quarter. Jefferies has "Buy" rating and $240.0 target. Nations Financial Group Inc. ROBERTS BRIAN L sold $22.57 million worth of stock or 583,835 shares. Aperio Gru Ltd owns 0.02% invested in Weibo Corporation (NASDAQ:WB) for 36,581 shares. The company has a 50 day moving average price of $40.19 and a 200 day moving average price of $37.73. Comcast lost 96,000 pay TV subscribers, leaving its base 1.3 percent smaller than the year ago period. The company has a market cap of $157,309.44, a PE ratio of 16.63, a PEG ratio of 1.25 and a beta of 1.17.

The Eagles-winning Super Bowl and the Winter Olympics - both televised by NBC - boosted Comcast Corp.'s first quarter revenues by 10.7 percent even as telecom competition and cord-cutting ate into its television customer base, the company said on Wednesday. The company's revenue was up 10.7% on a year-over-year basis. analysts anticipate that Comcast will post 2.47 EPS for the current year. The ex-dividend date is Tuesday, April 3rd.

Sell side analysts plays vital role in buying and selling a stock where 5 analysts rated Comcast Corporation (NASDAQ:CMCSA) as Buy, 1 analysts given Outperform signal, 0 reported Hold, and 0 analysts rated the stock as Sell.

Comcast Corporation is a media and technology company.

Asked whether Comcast's broadband business was reaching saturation, and if the company was concerned about the threat posed to wireline broadband by the emergence of 5G services, Comcast Cable CEO Dave Watson noted that the business goes through competitive cycles.