Aberdeen Group plc Sells 182,205 Shares of Comcast Corporation $CMCSA

Aberdeen Group plc lessened its holdings in Comcast Corporation (NASDAQ:CMCSA) by 6.3% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,707,742 shares of the cable giant’s stock after selling 182,205 shares during the quarter. Aberdeen Group plc owned about 0.07% of Comcast worth $85,077,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in CMCSA. Brighton Jones LLC raised its position in Comcast by 150.9% in the fourth quarter. Brighton Jones LLC now owns 166,265 shares of the cable giant’s stock worth $6,240,000 after acquiring an additional 99,986 shares during the period. Voya Financial Advisors Inc. increased its stake in shares of Comcast by 3.2% in the 2nd quarter. Voya Financial Advisors Inc. now owns 83,883 shares of the cable giant’s stock worth $2,963,000 after purchasing an additional 2,593 shares in the last quarter. Koshinski Asset Management Inc. increased its stake in shares of Comcast by 2.9% in the 2nd quarter. Koshinski Asset Management Inc. now owns 56,000 shares of the cable giant’s stock worth $1,999,000 after purchasing an additional 1,561 shares in the last quarter. Quotient Wealth Partners LLC raised its holdings in Comcast by 8.3% in the 2nd quarter. Quotient Wealth Partners LLC now owns 20,471 shares of the cable giant’s stock worth $731,000 after purchasing an additional 1,562 shares during the period. Finally, United Bank grew its holdings in Comcast by 11.3% during the second quarter. United Bank now owns 42,216 shares of the cable giant’s stock valued at $1,507,000 after purchasing an additional 4,290 shares during the period. 84.32% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Comcast news, CEO Michael J. Cavanagh sold 57,947 shares of the business’s stock in a transaction dated Wednesday, February 11th. The shares were sold at an average price of $32.66, for a total value of $1,892,549.02. Following the transaction, the chief executive officer directly owned 622,336 shares in the company, valued at $20,325,493.76. The trade was a 8.52% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders own 1.26% of the company’s stock.

More Comcast News

Here are the key news stories impacting Comcast this week:

• Positive Sentiment: Comcast booked an estimated $800M in Super Bowl advertising revenue, a near-term revenue boost for its advertising and distribution businesses. Read More.
• Positive Sentiment: Company highlights renewed rural broadband buildouts — a growth/capex narrative that could expand subscriber reach and long-term broadband revenue. Read More.
• Positive Sentiment: PR push: a new Universal Theme Parks exhibition (in partnership with Comcast NBCUniversal) raises brand visibility and drives content/IP monetization opportunities. Read More.
• Positive Sentiment: Local network expansion: Comcast is adding footprint in the Lehigh Valley — incremental subscriber growth and service penetration in targeted markets. Read More.
• Neutral Sentiment: Market interest: Zacks notes Comcast is among the most-searched stocks recently, reflecting high investor attention but not a directional signal by itself. Read More.
• Neutral Sentiment: Momentum note: coverage flagged Comcast was on track for multi-day gains recently — useful context for traders but not a fundamental driver. Read More.
• Neutral Sentiment: Short-interest reporting appears to contain errors (reports show 0 shares and NaN changes), so current short-interest metrics are unreliable and should be treated with caution. (No reliable link available)
• Negative Sentiment: Insider sale: CEO Michael Cavanagh sold 57,947 shares (~8.5% reduction in his stake) at ~$32.66 per share; SEC filing may weigh on sentiment since large insider sales can signal liquidity needs or prompt investor caution. Read More.

Comcast Price Performance

Shares of CMCSA opened at $31.57 on Monday. The company has a 50 day moving average of $29.28 and a two-hundred day moving average of $30.07. The company has a market cap of $113.58 billion, a price-to-earnings ratio of 5.88, a price-to-earnings-growth ratio of 2.41 and a beta of 0.81. 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 Corporation has a twelve month low of $25.75 and a twelve month high of $37.97.

Comcast (NASDAQ:CMCSA) last posted its quarterly earnings results on Thursday, January 29th. The cable giant reported $0.84 earnings per share for the quarter, beating the consensus estimate of $0.75 by $0.09. The business had revenue of $32.31 billion for the quarter, compared to the consensus estimate of $32.35 billion. Comcast had a return on equity of 16.86% and a net margin of 16.17%.The company’s quarterly revenue was up 1.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.96 EPS. As a group, analysts predict that Comcast Corporation will post 4.33 earnings per share for the current fiscal year.

Comcast Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 22nd. Stockholders of record on Wednesday, April 1st will be paid a $0.33 dividend. This represents a $1.32 annualized dividend and a dividend yield of 4.2%. The ex-dividend date of this dividend is Wednesday, April 1st. Comcast’s dividend payout ratio (DPR) is currently 24.58%.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on CMCSA shares. Royal Bank Of Canada lowered their price objective on Comcast from $32.00 to $31.00 and set a “sector perform” rating on the stock in a research report on Friday, January 16th. UBS Group lowered their price target on Comcast from $36.00 to $32.00 and set a “neutral” rating on the stock in a report on Friday, January 30th. KeyCorp downgraded shares of Comcast from an “overweight” rating to a “sector weight” rating in a report on Thursday, October 30th. Barclays set a $28.00 price objective on Comcast and gave the stock an “equal weight” rating in a research note on Tuesday, January 13th. Finally, Rosenblatt Securities reissued a “neutral” rating and set a $30.00 price objective on shares of Comcast in a research note on Friday, January 30th. Ten investment analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $34.90.

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.