Comcast Corporation $CMCSA Shares Purchased by Alberta Investment Management Corp

Alberta Investment Management Corp lifted its holdings in Comcast Corporation (NASDAQ:CMCSA) by 662.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 272,200 shares of the cable giant’s stock after purchasing an additional 236,500 shares during the period. Alberta Investment Management Corp’s holdings in Comcast were worth $8,136,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of CMCSA. Vanguard Group Inc. boosted its stake in shares of Comcast by 0.6% in the 4th quarter. Vanguard Group Inc. now owns 369,311,219 shares of the cable giant’s stock valued at $11,038,712,000 after buying an additional 2,160,829 shares during the period. Rothschild & Co Wealth Management UK Ltd grew its position in shares of Comcast by 1.0% during the third quarter. Rothschild & Co Wealth Management UK Ltd now owns 11,327,445 shares of the cable giant’s stock worth $355,908,000 after buying an additional 113,461 shares in the last quarter. North Dakota State Investment Board purchased a new stake in shares of Comcast during the fourth quarter worth approximately $3,754,000. Vest Financial LLC raised its holdings in Comcast by 72.1% in the fourth quarter. Vest Financial LLC now owns 232,883 shares of the cable giant’s stock valued at $6,961,000 after acquiring an additional 97,601 shares in the last quarter. Finally, Victory Capital Management Inc. raised its holdings in Comcast by 9.7% in the third quarter. Victory Capital Management Inc. now owns 7,834,053 shares of the cable giant’s stock valued at $246,146,000 after acquiring an additional 693,156 shares in the last quarter. Institutional investors and hedge funds own 84.32% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. Citigroup boosted their price target on shares of Comcast from $33.00 to $35.50 and gave the stock a “buy” rating in a report on Friday, April 24th. New Street Research reduced their price objective on shares of Comcast from $36.00 to $31.00 and set a “buy” rating on the stock in a report on Wednesday, May 13th. Zacks Research raised shares of Comcast from a “strong sell” rating to a “hold” rating in a research report on Tuesday, March 31st. Morgan Stanley boosted their target price on shares of Comcast from $31.00 to $33.00 and gave the stock an “equal weight” rating in a research note on Friday, April 24th. Finally, Deutsche Bank Aktiengesellschaft lowered Comcast from a “buy” rating to a “hold” rating and set a $34.00 target price on the stock. in a report on Friday, April 24th. Nine equities research analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, Comcast has an average rating of “Hold” and an average target price of $34.52.

Key Headlines Impacting Comcast

Here are the key news stories impacting Comcast this week:

• Positive Sentiment: Comcast’s Xfinity announced same-day WiFi equipment delivery for new internet customers in nearly 20 markets, with a rollout planned across the full footprint by early 2027. The move could improve customer convenience and support broadband growth. Internet Delivered to Your Doorstep Within Hours: Xfinity Launches Same-Day WiFi
• Positive Sentiment: A new film release distributed by Comcast’s Universal Pictures, “Disclosure Day,” opened above forecasts globally, which is a modestly supportive data point for its media segment. Spielberg’s ’Disclosure Day’ opens to $93.9M globally, beats forecasts
• Neutral Sentiment: Comcast was highlighted in a fresh article as a potential buyer of Roku, but this is speculative and does not indicate a formal deal or strategy change.
• Negative Sentiment: Rosenblatt cut its price target on Comcast Corporation (NASDAQ: CMCSA) to $24 from $30 and kept a Neutral rating, citing the stock’s weak year-to-date performance. Rosenblatt Lowers PT on Comcast (CMCSA) Stock
• Negative Sentiment: MoffettNathanson also trimmed its price target on Comcast to $52 from $53, even while maintaining a Buy rating, reinforcing that analysts remain cautious on near-term upside. Moffettnathanson adjusts price target on Comcast
• Negative Sentiment: Unusual options activity showed a sharp increase in put buying on Comcast, suggesting traders are positioning for further downside or hedging against near-term weakness.

Comcast Price Performance

Shares of CMCSA opened at $23.66 on Wednesday. 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 $84.52 billion, a PE ratio of 4.66, a price-to-earnings-growth ratio of 1.95 and a beta of 0.67. The company has a debt-to-equity ratio of 1.01, a current ratio of 0.87 and a quick ratio of 0.87. The firm has a fifty day moving average price of $26.15 and a 200 day moving average price of $28.28.

Comcast (NASDAQ:CMCSA) last issued its quarterly earnings data on Thursday, April 23rd. The cable giant reported $0.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.73 by $0.06. Comcast had a return on equity of 15.47% and a net margin of 15.00%.The company had revenue of $31.46 billion for the quarter, compared to analyst estimates of $30.42 billion. During the same quarter last year, the company posted $1.09 earnings per share. The business’s quarterly revenue was up 5.3% compared to the same quarter last year. As a group, sell-side analysts anticipate that Comcast Corporation will post 3.53 EPS for the current year.

Comcast Announces Dividend

The company also recently declared 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 dividend on an annualized basis and a yield of 5.6%. The ex-dividend date is Wednesday, July 1st. Comcast’s dividend payout ratio (DPR) 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.