Capital Asset Advisory Services LLC Decreases Stake in Comcast Corporation $CMCSA

Capital Asset Advisory Services LLC lessened its holdings in shares of Comcast Corporation (NASDAQ:CMCSA) by 20.0% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 102,782 shares of the cable giant’s stock after selling 25,757 shares during the period. Capital Asset Advisory Services LLC’s holdings in Comcast were worth $3,056,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of CMCSA. Lowe Brockenbrough & Co. Inc. boosted its position in shares of Comcast by 4.9% during the 4th quarter. Lowe Brockenbrough & Co. Inc. now owns 7,532 shares of the cable giant’s stock worth $225,000 after purchasing an additional 352 shares in the last quarter. Cora Capital Advisors LLC increased its holdings in shares of Comcast by 3.4% in the 4th quarter. Cora Capital Advisors LLC now owns 11,013 shares of the cable giant’s stock valued at $329,000 after purchasing an additional 362 shares in the last quarter. FSA Advisors Inc. increased its holdings in shares of Comcast by 5.5% in the 3rd quarter. FSA Advisors Inc. now owns 7,203 shares of the cable giant’s stock valued at $226,000 after purchasing an additional 376 shares in the last quarter. Oakworth Capital Inc. lifted its stake in shares of Comcast by 7.4% in the fourth quarter. Oakworth Capital Inc. now owns 5,479 shares of the cable giant’s stock valued at $164,000 after purchasing an additional 377 shares during the period. Finally, WPG Advisers LLC lifted its stake in shares of Comcast by 15.9% in the fourth quarter. WPG Advisers LLC now owns 2,801 shares of the cable giant’s stock valued at $84,000 after purchasing an additional 384 shares during the period. Hedge funds and other institutional investors own 84.32% of the company’s stock.

More Comcast News

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?

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the stock. Scotiabank upped their target price on shares of Comcast from $34.00 to $36.00 and gave the stock a “sector perform” rating in a research report on Friday, April 24th. Moffett Nathanson reduced their price target on shares of Comcast from $53.00 to $52.00 and set a “buy” rating for the company in a research report on Tuesday, June 16th. Morgan Stanley boosted their price target on Comcast from $31.00 to $33.00 and gave the stock an “equal weight” rating in a research note on Friday, April 24th. UBS Group restated a “neutral” rating on shares of Comcast in a report on Tuesday, June 23rd. Finally, Royal Bank Of Canada raised their price objective on Comcast from $31.00 to $32.00 and gave the company a “sector perform” rating in a research note on Friday, April 24th. Eleven investment analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $34.52.

Comcast Price Performance

Shares of NASDAQ CMCSA opened at $23.73 on Thursday. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 1.01. The company’s 50-day moving average price is $24.97 and its 200 day moving average price is $27.98. Comcast Corporation has a 52 week low of $22.13 and a 52 week high of $36.40. The stock has a market cap of $84.77 billion, a price-to-earnings ratio of 4.67, a PEG ratio of 2.01 and a beta of 0.67.

Comcast (NASDAQ:CMCSA) last announced its earnings results on Thursday, April 23rd. The cable giant reported $0.79 earnings per share (EPS) for the quarter, topping 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 company had revenue of $31.46 billion during the quarter, compared to analysts’ expectations of $30.42 billion. During the same quarter in the previous year, the business posted $1.09 earnings per share. The firm’s quarterly revenue was up 5.3% compared to the same quarter last year. As a group, research analysts forecast that Comcast Corporation will post 3.51 earnings per share for the current fiscal year.

Comcast Announces Dividend

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

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.