Amalgamated Bank Cuts Stock Position in Comcast Corporation $CMCSA

Amalgamated Bank decreased its position in shares of Comcast Corporation (NASDAQ:CMCSA) by 2.9% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 703,097 shares of the cable giant’s stock after selling 20,649 shares during the period. Amalgamated Bank’s holdings in Comcast were worth $22,091,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Brighton Jones LLC raised its position in shares of Comcast by 150.9% in the 4th quarter. Brighton Jones LLC now owns 166,265 shares of the cable giant’s stock valued at $6,240,000 after purchasing an additional 99,986 shares during the last quarter. Harbor Capital Advisors Inc. raised its holdings in shares of Comcast by 34.5% in the second quarter. Harbor Capital Advisors Inc. now owns 1,528 shares of the cable giant’s stock worth $55,000 after buying an additional 392 shares during the last quarter. Sovran Advisors LLC acquired a new stake in shares of Comcast during the second quarter worth $229,000. Focus Financial Network Inc. grew its holdings in shares of Comcast by 9.0% during the second quarter. Focus Financial Network Inc. now owns 24,112 shares of the cable giant’s stock valued at $861,000 after buying an additional 1,990 shares during the last quarter. Finally, Secure Asset Management LLC acquired a new position in shares of Comcast in the 2nd quarter valued at $234,000. 84.32% of the stock is owned by hedge funds and other institutional investors.

Key Comcast News

Here are the key news stories impacting Comcast this week:

• Positive Sentiment: MarketBeat highlights Comcast’s low P/E (~7x) and a ~4.5% yield, arguing the stock combines high yield with rebound potential as core results are expected to grow despite divestitures; institutional buying in early January is cited as supportive. 3 Low P/E Stocks: Separating Multibaggers From a Value Trap
• Positive Sentiment: Reports that Comcast has spun off Versant (new media vehicle) suggest potential value‑unlocking for shareholders if the market re-rates separated assets. This kind of corporate action can catalyze long-term upside. Comcast spins off Versant, unleashing a new media power on Wall Street
• Positive Sentiment: NBCUniversal’s push into live sports (Olympics, Super Bowl, NBA All‑Star and recent rights spending) should help differentiate the media network, supporting ad and subscription revenue over the next few quarters. NBCUniversal strategically leans into sports as it prepares for ‘Legendary February’
• Neutral Sentiment: Zacks notes elevated investor attention on CMCSA and reviews factors that will drive performance; this is informational but not a clear directional catalyst. Comcast Corporation (CMCSA) is Attracting Investor Attention: Here is What You Should Know
• Neutral Sentiment: Local retail expansion (new Xfinity store in Chehalis, WA) is positive for customer access and brand presence but is a small operational item unlikely to move the stock on its own. Chehalis Welcomes First Xfinity Store
• Negative Sentiment: Analyst pressure: Sanford C. Bernstein trimmed its price target to $32 (from $34) and kept a “market perform” rating — a reminder that analysts see limited near‑term upside, which can weigh on sentiment. Bernstein adjusts price target on Comcast
• Negative Sentiment: Consensus analyst stance remains cautious (many Holds), which mutes momentum until clearer evidence of revenue/earnings inflection or successful asset re‑rating emerges. Comcast Receives Consensus Rating of “Hold”

Comcast Stock Performance

Shares of Comcast stock opened at $27.82 on Friday. The firm has a market cap of $101.37 billion, a PE ratio of 4.63, a price-to-earnings-growth ratio of 1.98 and a beta of 0.81. Comcast Corporation has a 52 week low of $25.75 and a 52 week high of $38.40. The business’s fifty day simple moving average is $28.10 and its 200-day simple moving average is $30.79. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 0.96.

Comcast (NASDAQ:CMCSA) last announced its quarterly earnings results on Thursday, October 30th. The cable giant reported $1.12 earnings per share for the quarter, beating analysts’ consensus estimates of $1.10 by $0.02. Comcast had a net margin of 18.33% and a return on equity of 18.06%. The business had revenue of $31.20 billion during the quarter, compared to analysts’ expectations of $30.74 billion. During the same period last year, the business earned $1.12 earnings per share. The business’s revenue for the quarter was down 2.7% on a year-over-year basis. Equities analysts forecast that Comcast Corporation will post 4.33 earnings per share for the current year.

Comcast Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, February 4th. Shareholders of record on Wednesday, January 14th will be paid a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a yield of 4.7%. The ex-dividend date is Wednesday, January 14th. Comcast’s dividend payout ratio is 21.96%.

Wall Street Analyst Weigh In

A number of analysts have commented on the company. KeyCorp cut Comcast from an “overweight” rating to a “sector weight” rating in a research report on Thursday, October 30th. BNP Paribas Exane upped their target price on Comcast from $28.00 to $30.00 and gave the company a “neutral” rating in a research report on Friday, December 19th. Loop Capital reduced their price target on shares of Comcast from $43.00 to $40.00 and set a “buy” rating for the company in a research report on Friday, October 31st. TD Cowen cut their price objective on shares of Comcast from $46.00 to $40.00 and set a “buy” rating on the stock in a research note on Friday, October 31st. Finally, Evercore ISI reduced their price target on Comcast from $40.00 to $35.00 and set an “outperform” rating for the company in a research report on Friday, October 31st. Twelve analysts have rated the stock with a Buy rating, nineteen have given a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $34.89.

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.