Lee Danner & Bass Inc. Cuts Position in Comcast Corporation $CMCSA

Lee Danner & Bass Inc. cut its stake in Comcast Corporation (NASDAQ:CMCSA) by 27.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 61,290 shares of the cable giant’s stock after selling 23,683 shares during the quarter. Lee Danner & Bass Inc.’s holdings in Comcast were worth $1,832,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Principal Financial Group Inc. raised its holdings in shares of Comcast by 9.7% in the 3rd quarter. Principal Financial Group Inc. now owns 7,536,937 shares of the cable giant’s stock worth $236,810,000 after acquiring an additional 665,635 shares during the last quarter. Ashton Thomas Private Wealth LLC raised its holdings in shares of Comcast by 75.3% in the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 340,764 shares of the cable giant’s stock worth $10,707,000 after acquiring an additional 146,339 shares during the last quarter. Rothschild & Co Wealth Management UK Ltd raised its holdings in shares of Comcast by 1.0% in the 3rd quarter. Rothschild & Co Wealth Management UK Ltd now owns 11,327,445 shares of the cable giant’s stock worth $355,908,000 after acquiring an additional 113,461 shares during the last quarter. Candriam S.C.A. grew its position in Comcast by 3.5% in the 3rd quarter. Candriam S.C.A. now owns 952,154 shares of the cable giant’s stock worth $29,917,000 after purchasing an additional 32,262 shares in the last quarter. Finally, Access Investment Management LLC increased its stake in Comcast by 29.5% in the 3rd quarter. Access Investment Management LLC now owns 177,365 shares of the cable giant’s stock valued at $5,573,000 after buying an additional 40,360 shares during the last quarter. 84.32% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Comcast

In other news, CEO Michael J. Cavanagh sold 57,947 shares of the stock in a transaction that occurred on Wednesday, February 11th. The shares were sold at an average price of $32.66, for a total transaction of $1,892,549.02. Following the completion of the transaction, the chief executive officer directly owned 622,336 shares of the company’s stock, valued at $20,325,493.76. This represents a 8.52% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 1.32% of the stock is owned by corporate insiders.

Key Comcast News

Here are the key news stories impacting Comcast this week:

• Positive Sentiment: Q1 results topped expectations — Comcast beat on revenue and adjusted EPS (revenue $31.46B, adj. EPS $0.79) and cited strong advertising driven by the Winter Olympics and Super Bowl, plus improving broadband net losses and record wireless additions. Comcast beats estimates
• Positive Sentiment: Advertising and content strength appears durable in Q1 (Olympics + Super Bowl) and Peacock is moving toward profitability — near‑term ad tailwinds and streaming progress support revenue upside. Ad sales spike
• Positive Sentiment: Multiple sell‑side firms raised targets or reiterated constructive ratings after the print (Citigroup, Evercore, Scotiabank, Morgan Stanley, RBC among others), signaling analyst support and potential upside from current levels. Analyst target changes
• Neutral Sentiment: Some data items are noisy: a short‑interest note in the feed shows an anomalous “0 shares / NaN” reading (likely a data glitch), so short‑interest signals aren’t meaningful from that entry.
• Neutral Sentiment: Value/valuation debate is active — several writeups argue CMCSA may offer upside on DCF and P/E metrics, keeping the stock on value investors’ watchlists. Is Comcast offering value?
• Negative Sentiment: Sector/peer weakness: Charter’s sharp post‑earnings plunge and renewed subscriber concerns for cable peers are pressuring Comcast despite its own beat — investors are repricing risk around broadband competition (fiber/fixed wireless). Charter stock plunges — why Comcast is falling too
• Negative Sentiment: Profit‑taking and heavy trading volume after an initial ~8% post‑earnings pop, plus reported insider sales and large institutional repositioning noted in datasets, likely amplified the down‑move today.
• Negative Sentiment: Operational caveat: adjusted EPS is below last year’s ($0.79 vs $1.09), and broadband still lost customers (improved but negative net adds), leaving execution risk if competition intensifies. Broadband losses improved

Analysts Set New Price Targets

CMCSA has been the subject of several analyst reports. Pivotal Research lowered shares of Comcast from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 30th. Deutsche Bank Aktiengesellschaft lowered shares of Comcast from a “buy” rating to a “hold” rating and set a $34.00 price objective for the company. in a research note on Friday. The Goldman Sachs Group reiterated a “neutral” rating and issued a $29.00 price objective on shares of Comcast in a research note on Thursday. Arete Research set a $23.00 price objective on shares of Comcast in a research note on Tuesday, January 6th. Finally, TD Cowen decreased their price objective on shares of Comcast from $40.00 to $39.00 and set a “buy” rating for the company in a research note on Friday, January 30th. Eight research analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $34.94.

Comcast Stock Down 12.8%

Comcast stock opened at $27.60 on Friday. Comcast Corporation has a twelve month low of $25.75 and a twelve month high of $36.66. The firm has a 50 day moving average price of $29.73 and a 200-day moving average price of $29.07. The company has a market capitalization of $99.30 billion, a P/E ratio of 5.43, a P/E/G ratio of 2.63 and a beta of 0.80. The company has a quick ratio of 0.88, a current ratio of 0.87 and a debt-to-equity ratio of 1.01.

Comcast (NASDAQ:CMCSA) last released its 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. Comcast had a net margin of 15.00% and a return on equity of 15.47%. The firm had revenue of $31.46 billion during the quarter, compared to the consensus estimate of $30.42 billion. During the same period in the prior year, the firm earned $1.09 EPS. The company’s revenue was up 5.3% compared to the same quarter last year. As a group, equities analysts predict that Comcast Corporation will post 3.46 EPS for the current year.

Comcast Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 22nd. Stockholders of record on Wednesday, April 1st were given a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a dividend yield of 4.8%. The ex-dividend date of this dividend was Wednesday, April 1st. Comcast’s dividend payout ratio is currently 25.98%.

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.