Nisa Investment Advisors LLC Purchases 1,613,443 Shares of Comcast Corporation $CMCSA

Nisa Investment Advisors LLC boosted its position in Comcast Corporation (NASDAQ:CMCSA) by 129.4% during the fourth quarter, Holdings Channel reports. The institutional investor owned 2,860,191 shares of the cable giant’s stock after purchasing an additional 1,613,443 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Comcast were worth $85,491,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Cape Investment Advisory Inc. raised its holdings in shares of Comcast by 2.6% in the second quarter. Cape Investment Advisory Inc. now owns 12,275 shares of the cable giant’s stock valued at $438,000 after purchasing an additional 307 shares during the last quarter. Lakeshore Capital Group Inc. lifted its position 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 worth $428,000 after purchasing an additional 343 shares in the last quarter. Hengehold Capital Management LLC boosted its holdings in Comcast by 0.5% during the third quarter. Hengehold Capital Management LLC now owns 82,778 shares of the cable giant’s stock worth $2,601,000 after purchasing an additional 372 shares during the last quarter. Commonwealth Financial Services LLC grew its position in Comcast by 4.6% in the third quarter. Commonwealth Financial Services LLC now owns 8,429 shares of the cable giant’s stock valued at $265,000 after purchasing an additional 372 shares in the last quarter. Finally, Grove Bank & Trust grew its position in Comcast by 1.1% in the third quarter. Grove Bank & Trust now owns 35,919 shares of the cable giant’s stock valued at $1,129,000 after purchasing an additional 375 shares in the last quarter. Institutional investors and hedge funds own 84.32% of the company’s stock.

Comcast News Roundup

Here are the key news stories impacting Comcast this week:

• Positive Sentiment: Comcast Advertising partnered with DISQO to deliver deterministic TV attribution across Comcast TV and streaming campaigns — a potential boost to ad demand and measurement credibility for Comcast Advertising. DISQO and Comcast Advertising Partner
• Positive Sentiment: Comcast Business launched “Total Solutions Advantage,” simplified all?in?one plans for small businesses starting at $60/month — expands SMB product portfolio and could drive ARPU and business broadband growth if adoption scales. Comcast Business Launches Total Solutions Advantage
• Positive Sentiment: Local network expansions: Comcast reported multi?gigabit, symmetrical internet availability added for thousands of homes/businesses in Merrimack County, NH and in East Nottingham & Oxford Borough, PA — incremental customer reach that supports broadband net?adds and future revenue. Merrimack County expansion East Nottingham & Oxford expansion
• Neutral Sentiment: Market commentary noted Comcast among stocks making intraday moves yesterday — useful context for volatility but not a specific company catalyst. Stocks making big moves yesterday
• Neutral Sentiment: Preview pieces outline what to watch in Comcast’s next quarterly earnings (subscriber trends, ad revenue, broadband growth and margins) — a near?term catalyst that will drive direction once results are released. What to Expect From Comcast’s Next Quarterly Earnings Report
• Neutral Sentiment: Coverage consensus remains a “Hold,” reflecting mixed analyst views even as operational initiatives roll out — suggests limited near?term upgrades absent clearer macro or earnings upside. Given Consensus Recommendation of “Hold”
• Negative Sentiment: Underlying fundamentals carry caution: last quarter showed an EPS beat but a slight revenue miss and EPS down year?over?year, which can temper investor enthusiasm and leave the name vulnerable to profit?taking. (Context from recent results and analyst estimates.)

Insider Activity

In other news, CEO Michael J. Cavanagh sold 57,947 shares of the firm’s stock in a transaction that occurred on 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 of the company’s stock, valued at $20,325,493.76. This trade represents a 8.52% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. 1.26% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several equities research analysts have commented on CMCSA shares. Wall Street Zen raised shares of Comcast to a “hold” rating in a research report on Saturday, March 14th. Benchmark lowered their target price on Comcast from $46.00 to $44.00 and set a “buy” rating on the stock in a research report on Monday, January 5th. Sanford C. Bernstein dropped their target price on Comcast from $34.00 to $32.00 and set a “market perform” rating on the stock in a report on Thursday, January 15th. Arete Research set a $23.00 price target on Comcast in a research report on Tuesday, January 6th. Finally, Bank of America upgraded Comcast from a “neutral” rating to a “buy” rating and raised their price target for the company from $31.00 to $37.00 in a research note on Monday, January 12th. Ten research analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and four have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $34.76.

Comcast Stock Performance

Shares of CMCSA opened at $28.71 on Wednesday. The company has a market cap of $103.29 billion, a PE ratio of 5.35, a price-to-earnings-growth ratio of 2.30 and a beta of 0.79. The firm has a 50-day moving average of $30.34 and a 200-day moving average of $29.43. Comcast Corporation has a one year low of $25.75 and a one year high of $37.13. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.88 and a quick ratio of 0.88.

Comcast (NASDAQ:CMCSA) last issued its earnings results on Thursday, January 29th. The cable giant reported $0.84 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.75 by $0.09. Comcast had a net margin of 16.17% and a return on equity of 16.86%. The company had revenue of $32.31 billion for the quarter, compared to analysts’ expectations of $32.35 billion. During the same period in the prior year, the firm earned $0.96 EPS. Comcast’s quarterly revenue was up 1.2% compared to the same quarter last year. As a group, equities analysts forecast that Comcast Corporation will post 4.33 earnings per share for the current year.

Comcast Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 22nd. Shareholders of record on Wednesday, April 1st will be paid a $0.33 dividend. The ex-dividend date is Wednesday, April 1st. This represents a $1.32 annualized dividend and a yield of 4.6%. Comcast’s dividend payout ratio is currently 24.58%.

Comcast 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.