Comcast Corporation $CMCSA Shares Sold by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC cut its holdings in shares of Comcast Corporation (NASDAQ:CMCSA) by 2.4% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,239,025 shares of the cable giant’s stock after selling 29,835 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Comcast were worth $26,961,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Bank of America Corp DE raised its holdings in shares of Comcast by 10.2% during the first quarter. Bank of America Corp DE now owns 40,864,921 shares of the cable giant’s stock worth $1,173,232,000 after purchasing an additional 3,783,234 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in Comcast by 1.8% during the first quarter. Dimensional Fund Advisors LP now owns 29,461,308 shares of the cable giant’s stock valued at $845,919,000 after purchasing an additional 507,097 shares during the period. First Trust Advisors LP lifted its position in Comcast by 4.9% during the first quarter. First Trust Advisors LP now owns 13,592,149 shares of the cable giant’s stock valued at $390,231,000 after purchasing an additional 630,902 shares during the period. Healthcare of Ontario Pension Plan Trust Fund boosted its holdings in Comcast by 824.4% in the first quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 11,616,490 shares of the cable giant’s stock valued at $333,509,000 after purchasing an additional 10,359,800 shares during the last quarter. Finally, Swiss National Bank boosted its holdings in Comcast by 5.7% in the first quarter. Swiss National Bank now owns 10,666,200 shares of the cable giant’s stock valued at $306,227,000 after purchasing an additional 574,300 shares during the last quarter. 84.32% of the stock is currently owned by institutional investors and hedge funds.

Comcast Price Performance

Shares of NASDAQ CMCSA opened at $22.08 on Thursday. The company has a debt-to-equity ratio of 0.94, a current ratio of 0.80 and a quick ratio of 0.80. The stock has a market capitalization of $78.35 billion, a price-to-earnings ratio of 7.15, a PEG ratio of 1.60 and a beta of 0.68. The firm’s 50 day simple moving average is $23.94 and its 200-day simple moving average is $24.68. Comcast Corporation has a 12 month low of $20.48 and a 12 month high of $32.85.

Comcast (NASDAQ:CMCSA) last posted its earnings results on Thursday, July 23rd. The cable giant reported $1.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.97 by $0.07. Comcast had a net margin of 8.97% and a return on equity of 14.77%. The firm had revenue of $29.94 billion during the quarter, compared to analysts’ expectations of $29.24 billion. During the same period in the previous year, the business posted $1.25 EPS. The business’s revenue was down 1.2% compared to the same quarter last year. Analysts expect that Comcast Corporation will post 3.49 EPS for the current year.

Comcast News Roundup

Here are the key news stories impacting Comcast this week:

• Positive Sentiment: Comcast trades at roughly six times earnings and offers a dividend yield near 6%, which could appeal to income-oriented and value investors. A potential spinoff may also unlock value if the separated businesses improve their strategic positioning. Comcast Trades at 6 Times Earnings and Yields 6%
• Positive Sentiment: Recent institutional activity was mixed but included sizeable purchases by Invesco, Arrowstreet Capital, JPMorgan and Capital Research, suggesting some large investors view CMCSA’s depressed valuation as attractive.
• Neutral Sentiment: Investors are awaiting third-quarter results, with broadband subscriber trends, revenue, margins and management’s outlook expected to be the main catalysts. Comcast is scheduled to report on October 22. Comcast Q3 2026 Earnings Preview
• Negative Sentiment: Comcast is reportedly planning significant job cuts as part of a restructuring of its cable-TV, broadband and wireless operations. While the reductions could lower costs, they also signal pressure on the company’s core businesses. Comcast Planning Significant Job Cuts
• Negative Sentiment: Management previously indicated that third-quarter broadband subscriber losses were unlikely to improve year over year, amid aggressive, low-priced fiber competition. Investor concerns about another weak broadband quarter have weighed on the stock. Comcast Falls as Investors Brace for Another Tough Broadband Quarter
• Negative Sentiment: Options activity also reflected bearish positioning, with put purchases more than doubling the average daily volume on October 20.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the company. Barclays set a $24.00 price target on Comcast and gave the stock an “equal weight” rating in a research report on Tuesday, September 29th. Deutsche Bank Aktiengesellschaft upgraded Comcast from a “hold” rating to a “buy” rating and reduced their price objective for the company from $34.00 to $32.00 in a research note on Tuesday, June 30th. KeyCorp cut Comcast from a “sector weight” rating to an “underweight” rating and set a $18.00 price objective for the company. in a report on Thursday, September 24th. BNP Paribas Exane lowered their target price on Comcast from $25.00 to $22.00 and set an “underperform” rating on the stock in a research note on Tuesday, July 14th. Finally, UBS Group restated a “neutral” rating and issued a $27.00 target price (down from $32.00) on shares of Comcast in a research note on Tuesday, September 15th. Eleven investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and six have given a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $30.81.

About Comcast

Comcast Corporation is a global media and communications company headquartered in Philadelphia, Pennsylvania. Founded in 1963 as American Cable Systems, the company grew through the expansion of cable television and broadband services and adopted the Comcast name in 1969.

Through its Connectivity & Platforms businesses, Comcast provides residential and business customers with broadband internet, video, voice, mobile and related services. Its Xfinity brand offers internet, television, streaming and wireless products in the United States, while Comcast Business serves commercial and enterprise customers with connectivity, communications and technology solutions.