Greenup Street Wealth Management LLC Purchases New Position in Comcast Corporation $CMCSA

Greenup Street Wealth Management LLC acquired a new stake in Comcast Corporation (NASDAQ:CMCSA - Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 35,523 shares of the cable giant's stock, valued at approximately $1,116,000.Warner Bros. Sale Rumors Heat Up: What Investors Need to KnowOther institutional investors and hedge funds also recently modified their holdings of the company. Norges Bank acquired a new stake in shares of Comcast in the second quarter valued at about $3,528,361,000. Dodge & Cox boosted its holdings in Comcast by 18.1% in the 2nd quarter. Dodge & Cox now owns 111,272,320 shares of the cable giant's stock worth $3,971,309,000 after acquiring an additional 17,054,579 shares during the period. First Trust Advisors LP boosted its holdings in Comcast by 133.1% in the 2nd quarter. First Trust Advisors LP now owns 10,187,177 shares of the cable giant's stock worth $363,580,000 after acquiring an additional 5,817,614 shares during the period. Worldquant Millennium Advisors LLC grew its position in Comcast by 554.9% in the second quarter. Worldquant Millennium Advisors LLC now owns 5,005,158 shares of the cable giant's stock valued at $178,634,000 after acquiring an additional 4,240,876 shares in the last quarter. Finally, State Street Corp raised its stake in shares of Comcast by 2.5% during the second quarter. State Street Corp now owns 172,769,800 shares of the cable giant's stock valued at $6,166,154,000 after purchasing an additional 4,231,140 shares during the period. Hedge funds and other institutional investors own 84.32% of the company's stock. Wall Street Analysts Forecast GrowthCMCSA has been the subject of several analyst reports. Evercore ISI decreased their target price on shares of Comcast from $40.00 to $35.00 and set an "outperform" rating for the company in a research note on Friday, October 31st. Bank of America cut their price objective on shares of Comcast from $38.00 to $36.00 and set a "neutral" rating on the stock in a report on Monday, September 29th. KeyCorp downgraded Comcast from an "overweight" rating to a "sector weight" rating in a research note on Thursday, October 30th. BNP Paribas raised Comcast from an "underperform" rating to a "neutral" rating and set a $28.00 target price on the stock in a research report on Tuesday, November 4th. Finally, Moffett Nathanson cut their price target on Comcast from $58.00 to $53.00 and set a "buy" rating on the stock in a research note on Thursday, November 13th. Eleven equities research analysts have rated the stock with a Buy rating, twenty-one have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $35.92.Warner Bros. Bidding War Potential: How High Could WBD Shares Go?View Our Latest Stock Report on CMCSAComcast Stock PerformanceShares of Comcast stock opened at $29.66 on Friday. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.88 and a current ratio of 0.88. Comcast Corporation has a 1 year low of $25.75 and a 1 year high of $38.40. The firm's 50-day simple moving average is $28.01 and its 200-day simple moving average is $31.47. The firm has a market cap of $108.08 billion, a PE ratio of 4.94, a price-to-earnings-growth ratio of 2.05 and a beta of 0.83. Disney: The Compelling Case for Buying Now Before They Scale UpComcast (NASDAQ:CMCSA - Get Free Report) last posted its quarterly earnings results on Monday, March 13th. The cable giant reported $0.77 EPS for the quarter. Comcast had a return on equity of 18.06% and a net margin of 18.33%.The business had revenue of $30.34 billion during the quarter. Equities analysts forecast that Comcast Corporation will post 4.33 earnings per share for the current fiscal year. Comcast Announces DividendThe company also recently declared a quarterly dividend, which will be paid on Wednesday, February 4th. Stockholders of record on Wednesday, January 14th will be issued a $0.33 dividend. This represents a $1.32 dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date is Wednesday, January 14th. Comcast's payout ratio is 21.96%. Comcast Company Profile (Free Report)Comcast Corporation NASDAQ: CMCSA is a diversified global media and technology company headquartered in Philadelphia, Pennsylvania. Its principal operations are organized around Comcast Cable, which provides broadband internet, video, voice and wireless services to residential and business customers in the United States under the Xfinity and Comcast Business brands, and NBCUniversal, a media and entertainment group that develops, produces and distributes content across broadcast and cable networks, film, and streaming platforms. NBCUniversal's assets include the NBC broadcast network, a portfolio of cable channels, Universal Pictures and other film and television production businesses, and the Peacock streaming service.Further ReadingFive stocks we like better than ComcastDo not delete, read immediatelyINVESTOR ALERT: Tiny “$3 AI Wonder Stock” on the Verge of Blasting OffCan Any Expenses Be Deducted From Capital Gains Tax?Do you know what Amazon is planning for January 1?Buffett, Gates and Bezos Quietly Dumping Stocks—Here's WhyThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Comcast Right Now?Before you consider Comcast, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Comcast wasn't on the list.While Comcast currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here