Arrowstreet Capital Limited Partnership Lowers Stock Holdings in Comcast Corporation $CMCSA

Arrowstreet Capital Limited Partnership decreased its position in shares of Comcast Corporation (NASDAQ:CMCSA) by 32.6% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 14,383,901 shares of the cable giant’s stock after selling 6,954,912 shares during the period. Arrowstreet Capital Limited Partnership’s holdings in Comcast were worth $429,935,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Atlas Capital Advisors Inc. purchased a new stake in Comcast during the fourth quarter valued at about $852,000. Jacobi Capital Management LLC raised its position in Comcast by 39.8% during the fourth quarter. Jacobi Capital Management LLC now owns 42,031 shares of the cable giant’s stock valued at $1,256,000 after purchasing an additional 11,971 shares in the last quarter. CreativeOne Wealth LLC raised its position in Comcast by 15.8% during the fourth quarter. CreativeOne Wealth LLC now owns 54,750 shares of the cable giant’s stock valued at $1,636,000 after purchasing an additional 7,464 shares in the last quarter. Transamerica Financial Advisors LLC raised its position in Comcast by 9.0% during the fourth quarter. Transamerica Financial Advisors LLC now owns 32,727 shares of the cable giant’s stock valued at $978,000 after purchasing an additional 2,702 shares in the last quarter. Finally, Ontario Teachers Pension Plan Board raised its position in Comcast by 291.3% during the fourth quarter. Ontario Teachers Pension Plan Board now owns 66,665 shares of the cable giant’s stock valued at $1,993,000 after purchasing an additional 49,630 shares in the last quarter. Hedge funds and other institutional investors own 84.32% of the company’s stock.

Analyst Ratings Changes

A number of research firms have weighed in on CMCSA. The Goldman Sachs Group restated a “neutral” rating and set a $29.00 price target on shares of Comcast in a research report on Thursday, April 23rd. New Street Research decreased their price objective on Comcast from $36.00 to $31.00 and set a “buy” rating on the stock in a report on Wednesday, May 13th. Royal Bank Of Canada lifted their price objective on Comcast from $31.00 to $32.00 and gave the stock a “sector perform” rating in a report on Friday, April 24th. Rosenblatt Securities decreased their price objective on Comcast from $30.00 to $24.00 and set a “neutral” rating on the stock in a report on Friday, June 5th. Finally, Evercore lifted their price objective on Comcast from $35.00 to $36.00 and gave the stock an “outperform” rating in a report on Friday, April 24th. Nine equities research analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $34.56.

Comcast Stock Up 2.2%

Shares of NASDAQ:CMCSA opened at $24.50 on Friday. Comcast Corporation has a 1 year low of $23.13 and a 1 year high of $36.66. The company has a market cap of $87.52 billion, a PE ratio of 4.82, a P/E/G ratio of 1.99 and a beta of 0.67. The company has a debt-to-equity ratio of 1.01, a current ratio of 0.87 and a quick ratio of 0.87. The stock’s 50-day moving average is $26.32 and its 200 day moving average is $28.31.

Comcast (NASDAQ:CMCSA) last announced its quarterly earnings results on Thursday, April 23rd. The cable giant reported $0.79 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.73 by $0.06. Comcast had a return on equity of 15.47% and a net margin of 15.00%.The company had revenue of $31.46 billion for the quarter, compared to the consensus estimate of $30.42 billion. During the same quarter in the previous year, the business earned $1.09 EPS. Comcast’s revenue was up 5.3% compared to the same quarter last year. Sell-side analysts anticipate that Comcast Corporation will post 3.53 EPS for the current year.

Comcast Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 22nd. Investors of record on Wednesday, July 1st will be issued a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a yield of 5.4%. The ex-dividend date is Wednesday, July 1st. Comcast’s payout ratio is currently 25.98%.

Comcast News Roundup

Here are the key news stories impacting Comcast this week:

• Positive Sentiment: Investors are highlighting Comcast as a potentially cheap stock, with multiple recent articles pointing to attractive valuation metrics and a bullish case from value-focused investors. This has helped keep the name on traders’ watchlists. Is Comcast Corporation (CMCSA) A Good Stock To Buy Now?
• Positive Sentiment: Comcast is also drawing attention for its planned bilingual 2026 FIFA World Cup coverage across Xfinity and Xumo platforms, which could boost engagement, streaming usage, and ad opportunities if the rollout resonates with viewers. Comcast Bets On Bilingual World Cup Coverage To Deepen Xfinity Engagement
• Neutral Sentiment: Recent market commentary says Comcast has been “rising higher than the market,” but the move appears tied more to trading momentum and stock screening than to a major new fundamental catalyst. Comcast (CMCSA) Rises Higher Than Market: Key Facts
• Neutral Sentiment: Several articles note that Comcast remains a “mixed bag,” with valuation looking attractive but broadband weakness continuing to weigh on the longer-term growth story.
• Negative Sentiment: Comcast’s stock is still under pressure overall and remains well below recent moving averages, reflecting investor caution about growth, competition, and the broadband overhang.

About Comcast

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.