Capital Asset Advisory Services LLC Trims Stock Holdings in Comcast Corporation $CMCSA

Capital Asset Advisory Services LLC lowered its stake in shares of Comcast Corporation (NASDAQ:CMCSA) by 20.0% during the first quarter, Holdings Channel reports. The fund owned 102,782 shares of the cable giant’s stock after selling 25,757 shares during the quarter. Capital Asset Advisory Services LLC’s holdings in Comcast were worth $3,056,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in CMCSA. CHICAGO TRUST Co NA raised its position in shares of Comcast by 84.9% in the first quarter. CHICAGO TRUST Co NA now owns 45,023 shares of the cable giant’s stock valued at $1,293,000 after buying an additional 20,677 shares during the last quarter. IFM Investors Pty Ltd boosted its position in Comcast by 1.4% during the first quarter. IFM Investors Pty Ltd now owns 789,196 shares of the cable giant’s stock worth $22,658,000 after acquiring an additional 10,654 shares during the last quarter. Rexford Capital Inc. boosted its position in Comcast by 6.3% during the first quarter. Rexford Capital Inc. now owns 9,734 shares of the cable giant’s stock worth $279,000 after acquiring an additional 579 shares during the last quarter. Severin Investments LLC purchased a new stake in Comcast in the 1st quarter worth approximately $225,000. Finally, Impact Partnership Wealth LLC purchased a new stake in Comcast in the 1st quarter worth approximately $443,000. Hedge funds and other institutional investors own 84.32% of the company’s stock.

Comcast Stock Performance

NASDAQ:CMCSA opened at $23.73 on Thursday. The company has a market cap of $84.77 billion, a P/E ratio of 4.67, a P/E/G ratio of 2.01 and a beta of 0.67. The firm’s 50 day moving average is $24.97 and its two-hundred day moving average is $27.98. Comcast Corporation has a fifty-two week low of $22.13 and a fifty-two week high of $36.40. The company has a quick ratio of 0.87, a current ratio of 0.87 and a debt-to-equity ratio of 1.01.

Comcast (NASDAQ:CMCSA) last announced its quarterly earnings data on Thursday, April 23rd. The cable giant reported $0.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.73 by $0.06. The company had revenue of $31.46 billion during the quarter, compared to analysts’ expectations of $30.42 billion. Comcast had a net margin of 15.00% and a return on equity of 15.47%. The business’s quarterly revenue was up 5.3% compared to the same quarter last year. During the same period in the previous year, the company earned $1.09 EPS. Analysts expect that Comcast Corporation will post 3.51 EPS for the current year.

Comcast Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 22nd. Shareholders of record on Wednesday, July 1st will be paid a dividend of $0.33 per share. The ex-dividend date is Wednesday, July 1st. This represents a $1.32 annualized dividend and a yield of 5.6%. Comcast’s dividend payout ratio is currently 25.98%.

Wall Street Analysts Forecast Growth

CMCSA has been the topic of a number of recent analyst reports. Evercore increased their price target on Comcast from $35.00 to $36.00 and gave the stock an “outperform” rating in a research note on Friday, April 24th. Scotiabank lifted their price objective on Comcast from $34.00 to $36.00 and gave the company a “sector perform” rating in a research report on Friday, April 24th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Comcast in a research note on Wednesday, April 8th. UBS Group reiterated a “neutral” rating on shares of Comcast in a research report on Tuesday, June 23rd. Finally, Citigroup decreased their price target on Comcast from $35.50 to $32.00 and set a “buy” rating on the stock in a research note on Monday. Eleven analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, Comcast presently has an average rating of “Hold” and an average price target of $34.52.

Trending Headlines about Comcast

Here are the key news stories impacting Comcast this week:

• Positive Sentiment: Comcast’s announced spin-off of NBCUniversal and Sky is being viewed as a value-unlocking move that could help narrow the company’s long-standing conglomerate discount and sharpen the focus of its connectivity business. Comcast’s NBCUniversal Split Puts Broadband Back in Focus
• Positive Sentiment: Rosenblatt Securities upgraded Comcast from neutral to buy and raised its price target, signaling improved analyst confidence after the restructuring announcement. Benzinga analyst note
• Positive Sentiment: Multiple reports suggest the breakup could create better M&A optionality for the media assets, with NBCUniversal potentially becoming a more appealing standalone target in a consolidating industry. The Comcast-NBCUniversal Spinoff News Could Mean More ‘Supersized’ Media M&A in 2026
• Neutral Sentiment: Several recent articles frame Comcast as still cheap on valuation metrics, but also note that its stock has been under pressure from broadband competition and margin concerns, leaving the long-term outlook dependent on execution. Has Comcast (CMCSA) Fallen Too Far To Be Undervalued?
• Neutral Sentiment: Investors are also waiting for Comcast’s upcoming earnings release, which could either validate the turnaround story or refocus attention on core business softness. What you need to know ahead of Comcast’s earnings release
• Negative Sentiment: Despite the restructuring optimism, Comcast still faces mounting competitive pressure in broadband and lingering margin concerns, which have weighed on the stock over the past month. Comcast Corporation (CMCSA) Trading Close to 52-Week Lows, Should You Buy?

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.