Trust Co. of Vermont decreased its holdings in Comcast Corporation (NASDAQ:CMCSA – Free Report) by 47.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 81,045 shares of the cable giant’s stock after selling 72,334 shares during the quarter. Trust Co. of Vermont’s holdings in Comcast were worth $2,422,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also bought and sold shares of CMCSA. Cape Investment Advisory Inc. lifted its holdings in Comcast by 2.6% during the 2nd quarter. Cape Investment Advisory Inc. now owns 12,275 shares of the cable giant’s stock worth $438,000 after buying an additional 307 shares during the period. Lakeshore Capital Group Inc. increased its stake in shares of Comcast by 2.6% in the third quarter. Lakeshore Capital Group Inc. now owns 13,636 shares of the cable giant’s stock valued at $428,000 after buying an additional 343 shares during the period. Hengehold Capital Management LLC increased its stake in shares of Comcast by 0.5% in the third quarter. Hengehold Capital Management LLC now owns 82,778 shares of the cable giant’s stock valued at $2,601,000 after buying an additional 372 shares during the period. Commonwealth Financial Services LLC raised its position in shares of Comcast by 4.6% during the third quarter. Commonwealth Financial Services LLC now owns 8,429 shares of the cable giant’s stock worth $265,000 after acquiring an additional 372 shares during the last quarter. Finally, Grove Bank & Trust lifted its stake in shares of Comcast by 1.1% in the third quarter. Grove Bank & Trust now owns 35,919 shares of the cable giant’s stock worth $1,129,000 after acquiring an additional 375 shares during the period. 84.32% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
Several analysts recently commented on the company. Barclays set a $28.00 target price on Comcast and gave the company an “equal weight” rating in a report on Tuesday, January 13th. Arete Research set a $23.00 price target on shares of Comcast in a research report on Tuesday, January 6th. BNP Paribas Exane reduced their price objective on shares of Comcast from $27.00 to $26.00 and set an “underperform” rating on the stock in a research note on Thursday, March 26th. Sanford C. Bernstein decreased their price objective on shares of Comcast from $34.00 to $32.00 and set a “market perform” rating for the company in a research report on Thursday, January 15th. Finally, Zacks Research raised shares of Comcast from a “strong sell” rating to a “hold” rating in a research note on Tuesday. Ten investment analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $34.71.
Insider Activity at Comcast
In other news, CEO Michael J. Cavanagh sold 57,947 shares of the firm’s stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $32.66, for a total value of $1,892,549.02. Following the completion of the sale, the chief executive officer directly owned 622,336 shares in the company, valued at $20,325,493.76. This trade represents a 8.52% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 1.32% of the stock is currently owned by corporate insiders.
Comcast News Summary
Here are the key news stories impacting Comcast this week:
- Positive Sentiment: Comcast is expanding multi?gigabit broadband into rural/suburban communities and launched “Total Solutions Advantage,” a bundled connectivity + cybersecurity service for small businesses — a revenue diversification and growth-angle that investors typically view favorably for broadband ARPU and business revenue stability. Will Comcast’s (CMCSA) Rural Upgrades and Bundled Cybersecurity Pivot Reshape Its Broadband Narrative?
- Positive Sentiment: BofA reiterated Comcast as a “buy,” signaling continued confidence from a major bank despite weak short?term performance — a supportive institutional voice that can limit downside and attract long?term buyers. BofA Reiterates Comcast (CMCSA) As “Buy” Despite Weak Short-Term Performance
- Positive Sentiment: Zacks upgraded Comcast from “strong sell” to “hold,” reducing one layer of bearish analyst pressure and potentially stabilizing sentiment. Zacks.com
- Neutral Sentiment: Analysts remain mixed on Comcast amid discussions of partnerships and edge/AI computing opportunities (referenced to an NVIDIA-related angle); consensus price target (~$32.50) implies upside, but coverage is split, so volatility may persist as investors wait for clearer proofs of monetization. Analysts Remain Mixed on Comcast (CMCSA) Amid NVIDIA Deal
- Neutral Sentiment: Roundups noting Comcast among “stocks making big moves” increase short?term attention but don’t by themselves change fundamentals. These mentions can drive trading volume and short-term volatility. Stocks making big moves yesterday: … and Comcast
- Negative Sentiment: Scotiabank trimmed its price target from $35.25 to $34.00 (still “sector perform”), reducing near?term upside expectations and signaling more conservative assumptions about growth or multiple expansion. Scotiabank adjusts price target on Comcast to $34
- Negative Sentiment: Market pieces and headlines documenting a recent intraday/share decline (multiple outlets flagged a ~2% drop) reflect short?term selling pressure and negative momentum that can amplify declines in low?volume sessions. Comcast (CMCSA) Stock Sinks As Market Gains: Here’s Why
Comcast Stock Performance
Shares of CMCSA stock opened at $27.93 on Friday. The firm has a 50 day moving average of $30.30 and a 200-day moving average of $29.41. The company has a market cap of $100.49 billion, a price-to-earnings ratio of 5.20, a price-to-earnings-growth ratio of 2.23 and a beta of 0.80. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 0.96. Comcast Corporation has a 52 week low of $25.75 and a 52 week high of $36.66.
Comcast (NASDAQ:CMCSA – Get Free Report) last issued its earnings results on Thursday, January 29th. The cable giant reported $0.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.75 by $0.09. The business had revenue of $32.31 billion for the quarter, compared to analyst estimates of $32.35 billion. Comcast had a net margin of 16.17% and a return on equity of 16.86%. Comcast’s revenue was up 1.2% on a year-over-year basis. During the same period in the prior year, the firm earned $0.96 earnings per share. On average, equities analysts forecast that Comcast Corporation will post 4.33 earnings per share for the current year.
Comcast Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 22nd. Stockholders of record on Wednesday, April 1st will be given a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date of this dividend is Wednesday, April 1st. Comcast’s dividend payout ratio is 24.58%.
Comcast Company Profile
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 Reading
Want to see what other hedge funds are holding CMCSA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Comcast Corporation (NASDAQ:CMCSA – Free Report).
Receive News & Ratings for Comcast Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Comcast and related companies with MarketBeat.com's FREE daily email newsletter.
