Dixon Mitchell Investment Counsel Inc. Reduces Stock Holdings in Comcast Corporation $CMCSA

Dixon Mitchell Investment Counsel Inc. reduced its position in Comcast Corporation (NASDAQ:CMCSA) by 99.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,241 shares of the cable giant’s stock after selling 375,072 shares during the quarter. Dixon Mitchell Investment Counsel Inc.’s holdings in Comcast were worth $37,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Imprint Wealth LLC purchased a new position in Comcast in the third quarter worth $26,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new position in shares of Comcast in the 4th quarter valued at about $27,000. United Financial Planning Group LLC purchased a new stake in shares of Comcast during the 3rd quarter valued at about $28,000. Olistico Wealth LLC purchased a new stake in shares of Comcast during the 4th quarter valued at about $29,000. Finally, Richardson Financial Services Inc. raised its holdings in shares of Comcast by 212.6% during the 4th quarter. Richardson Financial Services Inc. now owns 1,016 shares of the cable giant’s stock valued at $30,000 after buying an additional 691 shares during the period. Hedge funds and other institutional investors own 84.32% of the company’s stock.

Key Stories Impacting Comcast

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.

Analysts Set New Price Targets

Several equities research analysts have issued reports on CMCSA shares. New Street Research dropped 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. Zacks Research upgraded Comcast from a “strong sell” rating to a “hold” rating in a research report on Tuesday, March 31st. BNP Paribas Exane reduced their price target on Comcast from $26.00 to $25.00 and set an “underperform” rating for the company in a research report on Wednesday, April 8th. Evercore boosted their target price on Comcast from $35.00 to $36.00 and gave the stock an “outperform” rating in a research report on Friday, April 24th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Comcast in a research report on Wednesday, April 8th. Nine research analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $34.56.

Comcast Trading Up 2.2%

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

Comcast (NASDAQ:CMCSA) last released its quarterly earnings results on Thursday, April 23rd. The cable giant reported $0.79 earnings per share for the quarter, beating analysts’ consensus estimates of $0.73 by $0.06. The firm had revenue of $31.46 billion during the quarter, compared to analysts’ expectations of $30.42 billion. Comcast had a return on equity of 15.47% and a net margin of 15.00%.The business’s revenue was up 5.3% on a year-over-year basis. During the same period last year, the firm posted $1.09 EPS. On average, sell-side analysts predict that Comcast Corporation will post 3.53 EPS for the current fiscal year.

Comcast Announces Dividend

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

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.