Comcast Corporation $CMCSA Stock: Nisa Investment Advisors LLC Lowers Position

Nisa Investment Advisors LLC reduced its holdings in Comcast Corporation (NASDAQ:CMCSA) by 2.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,239,025 shares of the cable giant’s stock after selling 29,835 shares during the period. Nisa Investment Advisors LLC’s holdings in Comcast were worth $26,961,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Healthcare of Ontario Pension Plan Trust Fund raised its stake in shares of Comcast by 824.4% during the 1st quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 11,616,490 shares of the cable giant’s stock worth $333,509,000 after buying an additional 10,359,800 shares during the period. Nykredit A S purchased a new position in shares of Comcast during the 2nd quarter valued at approximately $185,237,000. Cullen Capital Management LLC purchased a new position in shares of Comcast during the 2nd quarter valued at approximately $129,801,000. Bank of America Corp DE lifted its position in shares of Comcast by 10.2% during the 1st quarter. Bank of America Corp DE now owns 40,864,921 shares of the cable giant’s stock valued at $1,173,232,000 after buying an additional 3,783,234 shares in the last quarter. Finally, Robeco Institutional Asset Management B.V. grew its stake in Comcast by 34.4% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 9,634,612 shares of the cable giant’s stock valued at $209,649,000 after acquiring an additional 2,464,361 shares during the period. 84.32% of the stock is currently owned by hedge funds and other institutional investors.

Comcast Stock Performance

NASDAQ CMCSA opened at $22.08 on Thursday. The stock’s fifty day moving average is $23.94 and its two-hundred day moving average is $24.68. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.80 and a current ratio of 0.80. The firm has a market capitalization of $78.35 billion, a P/E ratio of 7.15, a price-to-earnings-growth ratio of 1.60 and a beta of 0.68. Comcast Corporation has a fifty-two week low of $20.48 and a fifty-two week high of $32.85.

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

Analyst Upgrades and Downgrades

CMCSA has been the subject of several recent analyst reports. Weiss Ratings lowered shares of Comcast from a “hold (c-)” rating to a “sell (d+)” rating in a report on Tuesday, July 28th. Sanford C. Bernstein restated a “market perform” rating and set a $23.00 price objective on shares of Comcast in a research report on Tuesday, October 13th. New Street Research decreased their price objective on shares of Comcast from $31.00 to $30.00 and set a “buy” rating on the stock in a report on Thursday, June 25th. Deutsche Bank Aktiengesellschaft raised shares of Comcast from a “hold” rating to a “buy” rating and decreased their price objective for the company from $34.00 to $32.00 in a report on Tuesday, June 30th. Finally, Royal Bank Of Canada set a $26.00 target price on shares of Comcast and gave the company a “sector perform” rating in a research report on Friday, July 24th. Eleven investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and six have given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $30.81.

More Comcast News

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.

Comcast Profile

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.