Published: Mon, March 20, 2017
Electronics | By Jesus Weaver

Dave Watson to Become CEO of Comcast Cable, Replacing Neil Smit

Dave Watson to Become CEO of Comcast Cable, Replacing Neil Smit

Adirondack Trust Co. now owns 1,671 shares of the cable giant's stock valued at $111,000 after buying an additional 335 shares during the period. Institutional investors and hedge funds own 82.03% of the company's stock. Penserra Capital Management LLC now owns 1,764 shares of the cable giant's stock valued at $117,000 after buying an additional 882 shares during the period.

Annaly Capital Management, Inc. (NASDAQ:CMCSA) opened at 37.46 on Monday.

Comcast Corporation (NASDAQ:CMCSA) has a 52-week high of $38.44 and a 52-week low of $29.35. Typically, they estimate what the company's earnings and cash flow will be for the next couple of years, and then apply a ratio - such as a price-to-earnings ratio - to those estimates to determine what the future stock price should theoretically be.

Comcast Corporation (NASDAQ:CMCSA)'s distance from 200 day simple moving average is 10.44 percent, its distance from 50 day simple moving average is 0.91 percent, while its distance from 20 day simple moving average is -0.25 percent. The reported earnings per share topped the analyst's consensus by $0.01 with the percentage difference between estimated and actual earnings arriving at 3.40%.

Comcast Corporation (NASDAQ:CMCSA) shows its Return on Assets (ROA) value of 5 percent, while the Return on Equity (ROE) value is 16.3 percent and Return on Investment (ROI) value stands at 10 percent.

The High Revenue estimate is predicted as 20.4 Billion, while the Low Revenue Estimate prediction stands at 19.62 Billion. In the last Quarter, CMCSA reported a surprise Earnings per Share of 0%. Comparatively, Comcast Corporation posted earnings of $0.45 per share in the same quarter a year ago. Shareholders of record on Wednesday, April 5th will be paid a dividend of $0.1575 per share. This is a boost from Comcast's previous quarterly dividend of $0.14. The ex-dividend date is Monday, April 3rd. This represents a $0.63 annualized dividend and a dividend yield of 1.68%.

Some 48% of Comcast's 22.5 million video subscribers - more than 10.8 million - were using X1 set-top boxes as of December 30, up from 30% a year earlier. The mean PT is calculated considering the consensus of 27 analysts. Morgan Stanley reiterated an "overweight" rating and issued a $40.00 price objective (up from $38.00) on shares of Comcast in a research report on Thursday, January 5th.

Comcast Corporation (NASDAQ:CMCSA) persists its position slightly strong in context of buying side, while shares price slightly down -0.19% during latest trading session.

0 analysts rated the stock of Banco Santander, S.A. (NYSE:SAN) as "STRONG BUY", 0 rated as "BUY" and 0 issued a "HOLD" rating. Insiders have sold 239,152 shares of company stock valued at $16,773,898 in the last ninety days. Kistler Tiffany Companies LLC now owns 4,956 shares of the cable giant's stock worth $329,000 after buying an additional 17 shares during the period. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The current value of the RSI is 52.10 that is neither bought nor sold range. The company's last traded volume of 13.03 million shares as compared to it's an average volume of 10.27 million shares. Company insiders own 1.27% of the company's stock. The disclosure for this sale can be found here. Also, EVP Neil Smit sold 133,314 shares of the company's stock in a transaction that occurred on Monday, January 30th.

Comcast stated at the Morgan Stanley Technology, Media & Telecom Conference that its Business Services segment is now its "fastest-growing business".

In other Comcast news, EVP Lawrence J. Salva sold 3,121 shares of the business's stock in a transaction that occurred on Tuesday, February 14th.

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