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Rothschild cut its Comcast stake, but the company reported strong earnings and raised its dividend.
Rothschild Investment LLC reduced its stake in Comcast by selling 2,260 shares in the fourth quarter, while other firms like Union Bancaire Privee and Keeler Thomas Management increased their holdings.
Comcast reported strong earnings of $0.96 per share, beating estimates, and announced a quarterly dividend of $0.33.
The company has a market cap of $137.25 billion and a dividend yield of 3.64%.
Analysts give Comcast a "Moderate Buy" rating with a target price of $43.83.
2 months ago
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