Andra AP fonden Sells 577,875 Shares of Comcast Corporation $CMCSA

Andra AP fonden decreased its stake in shares of Comcast Corporation (NASDAQ:CMCSA) by 92.4% during the 1st quarter, Holdings Channel reports. The institutional investor owned 47,518 shares of the cable giant’s stock after selling 577,875 shares during the period. Andra AP fonden’s holdings in Comcast were worth $1,364,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Norges Bank purchased a new stake in shares of Comcast in the fourth quarter valued at about $2,498,626,000. Capital World Investors lifted its position in shares of Comcast by 20.8% during the 4th quarter. Capital World Investors now owns 140,343,399 shares of the cable giant’s stock worth $4,194,929,000 after buying an additional 24,166,881 shares in the last quarter. Capital Research Global Investors boosted its stake in shares of Comcast by 65.1% in the 4th quarter. Capital Research Global Investors now owns 55,664,933 shares of the cable giant’s stock worth $1,663,825,000 after buying an additional 21,958,603 shares during the last quarter. State Street Corp boosted its stake in shares of Comcast by 4.6% in the 3rd quarter. State Street Corp now owns 180,687,135 shares of the cable giant’s stock worth $5,677,190,000 after buying an additional 7,917,335 shares during the last quarter. Finally, Two Sigma Investments LP grew its holdings in shares of Comcast by 1,356.2% in the third quarter. Two Sigma Investments LP now owns 6,556,098 shares of the cable giant’s stock valued at $205,993,000 after acquiring an additional 6,105,867 shares in the last quarter. 84.32% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on CMCSA. Rosenblatt Securities raised Comcast from a “neutral” rating to a “buy” rating and increased their price target for the company from $24.00 to $31.00 in a research report on Tuesday, June 30th. UBS Group reissued a “neutral” rating on shares of Comcast in a research report on Tuesday, June 23rd. Freedom Capital upgraded Comcast to a “hold” rating in a research note on Friday, June 12th. The Goldman Sachs Group decreased their target price on Comcast from $29.00 to $26.00 and set a “neutral” rating for the company in a research report on Thursday, July 2nd. Finally, Seaport Research Partners upgraded Comcast from a “neutral” rating to a “buy” rating in a research note on Thursday, July 2nd. Eleven equities research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $33.45.

Comcast Stock Performance

Shares of CMCSA opened at $21.92 on Friday. Comcast Corporation has a 1 year low of $21.91 and a 1 year high of $36.01. 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 stock’s fifty day moving average price is $23.86 and its two-hundred day moving average price is $27.30. The firm has a market cap of $78.30 billion, a PE ratio of 4.31, a PEG ratio of 1.94 and a beta of 0.67.

Comcast (NASDAQ:CMCSA) last posted its quarterly earnings results on Thursday, July 23rd. The cable giant reported $1.04 earnings per share for the quarter, topping the consensus estimate of $0.97 by $0.07. Comcast had a return on equity of 15.47% and a net margin of 15.00%.The company had revenue of $29.94 billion during the quarter, compared to the consensus estimate of $29.24 billion. During the same quarter in the prior year, the company earned $1.25 EPS. The firm’s quarterly revenue was down 1.2% compared to the same quarter last year. On average, equities research analysts forecast that Comcast Corporation will post 3.48 EPS for the current year.

Comcast Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 28th. Stockholders of record on Wednesday, October 7th will be paid a $0.33 dividend. The ex-dividend date is Wednesday, October 7th. This represents a $1.32 annualized dividend and a dividend yield of 6.0%. Comcast’s dividend payout ratio (DPR) is presently 25.98%.

Key Comcast News

Here are the key news stories impacting Comcast this week:

• Positive Sentiment: Comcast beat Q2 EPS and revenue estimates, helped by record wireless growth and stronger connectivity momentum. Comcast Reports 2nd Quarter 2026 Results
• Positive Sentiment: Peacock posted its first quarterly profit and added 2 million paid subscribers, improving the outlook for Comcast’s streaming business. Comcast’s Peacock records first ever profit on World Cup, ‘Love Island USA’ boost
• Neutral Sentiment: Comcast declared a quarterly dividend of $0.33 per share, reinforcing its income appeal with an annualized yield around 6.0%. Comcast Declares Quarterly Dividend
• Negative Sentiment: Revenue and profit still declined year over year, and broadband customer losses remain a key concern for the core business. Comcast Reports Lower Profit, Narrows Domestic Broadband Subscriber Losses
• Negative Sentiment: The company paused share buybacks, which may have disappointed investors looking for capital-return support. Comcast Corp (CMCSA) Q2 2026 Earnings Call Highlights

Comcast Company 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.