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Published: Sat, February 25, 2017
Economy | By Melissa Porter

Overselling Stock to Track: Comcast Corporation (NASDAQ:CMCSA)


Comcast Corporation value Change from Open was at -0.31% with a Gap of 0.19%.

On 7/27/2016 Comcast Corporation announced a quarterly dividend of $0.28 1.62% with an ex dividend date of 10/3/2016 which will be payable on 10/26/2016. Company shares were Reiterated by Pivotal Research Group on Jan 26, 2017 to "Buy", Firm has raised the Price Target to $ 95 from a previous price target of $90.Company shares were Reiterated by Telsey Advisory Group on Jan 24, 2017 to "Outperform", Firm has raised the Price Target to $ 84 from a previous price target of $76.Comcast Corporation was Initiated by HSBC Securities to "Buy" on Jan 19, 2017.

Comcast Corporation (NASDAQ:CMCSA) has 2.4 Billion shares outstanding and 2.29 Billion shares were floated in market. Over the trailing year, the stock is underperforming the S&P 500 by 22.44, and it's gotten there by action that has been more volatile on a day-to-day basis than most other stocks on the exchange. Comcast Corporation's dividend payout ratio is now 30.81%. Additionally, Macquarie Upgrade its ratings on the stock to Outperform. Global Thematic Partners LLC now owns 1,164,929 shares of the cable giant's stock worth $75,940,000 after buying an additional 160,269 shares in the last quarter.

Today, Barclays PLC raised its price target on Comcast Corporation (NASDAQ:CMCSA) to per share. Comcast Corporation has a one year low of $56.60 and a one year high of $76.87. The firm has a market capitalization of $178.95 billion, a P/E ratio of 21.10 and a beta of 1.07. The stock's price moved up its 200-day moving average of $27.07.

Comcast Corporation (NASDAQ:CMCSA) performance during the last one year Degraded -33.74 percent, while its year to date (YTD) performance showed a Negative trend of -45.13 percent. The company reported $0.89 EPS for the quarter, beating the analyst consensus estimate by $ 0.02. Comcast Corporation had a net margin of 10.81% and a return on equity of 15.30%. The company earned $21 billion during the quarter, compared to the consensus estimate of $20.67 billion. They now have a Dollars 79 price target on the stock. The firm's revenue was up 9.2% compared to the same quarter a year ago.

While looking at the Stock's Performance, Comcast Corporation now shows a Weekly Performance of -0.28%, where Monthly Performance is 3.58%, Quarterly performance is 11.47%, 6 Months performance is 15.14% and yearly performance percentage is 34.1%.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 26th. The ROA for Comcast Corporation tells us exactly what earnings were generated from the invested capital. Comcast Corporation's payout ratio is presently 30.81%. If you are accessing this report on another publication, it was illegally copied and republished in violation of USA and worldwide copyright & trademark laws. The legal version of this report can be viewed at https://www.com-unik.info/2017/02/24/comcast-corporation-cmcsa-position-increased-by-ing-groep-nv.html.

A number of equities analysts have recently issued reports on the company.

Following U.S. election volatility some analysts have updated their recommended target prices on shares of Comcast Corporation (NASDAQ:CMCSA). "(CMCSA) Price Target to $40.00" was posted by The Cerbat Gem and is the property of of The Cerbat Gem. Wunderlich restated a "buy" rating and set a $42.50 price objective (up from $39.00) on shares of Comcast Corporation in a research report on Wednesday, November 30th. They now have a United States dollars 95 price target on the stock. Finally, Jefferies Group LLC raised their price objective on Comcast Corporation from $40.00 to $43.00 and gave the stock a "buy" rating in a research report on Friday, January 27th. Twenty-two research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. The stock was sold at an average price of $69.57, for a total transaction of $1,051,967.97. They now have a Dollars 60 price target on the stock. Following the sale, the executive vice president now directly owns 62,208 shares in the company, valued at $4,327,810.56. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Analyst's mean target price for W is $39.53 while analysts mean recommendation is 2.40.

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