Nicolet Bankshares Inc. Buys 855 Shares of Comcast Co. (NASDAQ:CMCSA)

Nicolet Bankshares Inc. increased its stake in Comcast Co. (NASDAQ:CMCSA) by 3.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,599 shares of the cable giant’s stock after buying an additional 855 shares during the period. Nicolet Bankshares Inc.’s holdings in Comcast were worth $1,036,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. Norges Bank bought a new position in Comcast in the 4th quarter worth about $3,835,226,000. Raymond James Financial Inc. bought a new position in shares of Comcast in the fourth quarter worth approximately $743,681,000. Amundi increased its position in shares of Comcast by 147.9% during the fourth quarter. Amundi now owns 24,086,671 shares of the cable giant’s stock valued at $895,499,000 after acquiring an additional 14,369,056 shares in the last quarter. Wilmington Savings Fund Society FSB raised its holdings in Comcast by 55,334.5% in the 3rd quarter. Wilmington Savings Fund Society FSB now owns 8,273,052 shares of the cable giant’s stock worth $345,565,000 after acquiring an additional 8,258,128 shares during the last quarter. Finally, Invesco Ltd. lifted its position in Comcast by 11.5% in the 4th quarter. Invesco Ltd. now owns 45,175,969 shares of the cable giant’s stock valued at $1,695,454,000 after acquiring an additional 4,669,069 shares in the last quarter. 84.32% of the stock is owned by institutional investors.

Analyst Ratings Changes

CMCSA has been the subject of a number of research analyst reports. The Goldman Sachs Group decreased their price objective on shares of Comcast from $50.00 to $44.00 and set a “buy” rating for the company in a report on Friday, January 31st. Sanford C. Bernstein set a $38.00 target price on Comcast in a report on Friday, January 31st. Macquarie dropped their price objective on shares of Comcast from $42.00 to $36.00 and set a “neutral” rating on the stock in a report on Friday, January 31st. JPMorgan Chase & Co. decreased their price target on shares of Comcast from $45.00 to $39.00 and set a “neutral” rating on the stock in a research report on Friday, January 31st. Finally, Rosenblatt Securities cut their price objective on shares of Comcast from $45.00 to $36.00 and set a “neutral” rating for the company in a research report on Monday, February 3rd. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating, eight have assigned a buy rating and three have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $42.90.

Comcast Trading Up 0.1 %

CMCSA stock opened at $33.72 on Friday. Comcast Co. has a twelve month low of $32.20 and a twelve month high of $45.31. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 1.09. The firm’s fifty day simple moving average is $35.56 and its two-hundred day simple moving average is $38.56. The stock has a market capitalization of $127.50 billion, a price-to-earnings ratio of 8.13, a price-to-earnings-growth ratio of 1.78 and a beta of 0.94.

Comcast (NASDAQ:CMCSA) last issued its quarterly earnings results on Thursday, January 30th. The cable giant reported $0.96 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.88 by $0.08. Comcast had a return on equity of 19.98% and a net margin of 13.09%. As a group, analysts anticipate that Comcast Co. will post 4.33 earnings per share for the current year.

Comcast Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 23rd. Stockholders of record on Wednesday, April 2nd will be given a $0.33 dividend. This represents a $1.32 annualized dividend and a dividend yield of 3.91%. The ex-dividend date is Wednesday, April 2nd. This is a boost from Comcast’s previous quarterly dividend of $0.31. Comcast’s dividend payout ratio is presently 31.81%.

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.