KLP Kapitalforvaltning AS Has $51.75 Million Holdings in Comcast Corporation $CMCSA

KLP Kapitalforvaltning AS boosted its position in shares of Comcast Corporation (NASDAQ:CMCSA) by 3.6% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,647,106 shares of the cable giant’s stock after buying an additional 56,800 shares during the period. KLP Kapitalforvaltning AS’s holdings in Comcast were worth $51,752,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of CMCSA. Foster Group Inc. lifted its holdings in shares of Comcast by 4.0% during the 2nd quarter. Foster Group Inc. now owns 7,418 shares of the cable giant’s stock worth $265,000 after acquiring an additional 282 shares during the period. Argyle Capital Management LLC lifted its stake in Comcast by 0.5% during the second quarter. Argyle Capital Management LLC now owns 61,186 shares of the cable giant’s stock worth $2,184,000 after purchasing an additional 300 shares during the last quarter. Webster Bank N. A. boosted its holdings in shares of Comcast by 2.9% in the 2nd quarter. Webster Bank N. A. now owns 10,809 shares of the cable giant’s stock valued at $386,000 after purchasing an additional 305 shares in the last quarter. Cape Investment Advisory Inc. increased its stake in shares of Comcast by 2.6% in the 2nd quarter. Cape Investment Advisory Inc. now owns 12,275 shares of the cable giant’s stock valued at $438,000 after purchasing an additional 307 shares during the last quarter. Finally, Coign Capital Advisors LLC raised its holdings in shares of Comcast by 2.1% during the 2nd quarter. Coign Capital Advisors LLC now owns 15,919 shares of the cable giant’s stock worth $568,000 after buying an additional 324 shares in the last quarter. 84.32% of the stock is owned by institutional investors.

Key Comcast News

Here are the key news stories impacting Comcast this week:

• Positive Sentiment: Benchmark lowered its price target slightly (from $46 to $44) but kept a “buy” rating, highlighting upside versus the current share price — a vote of confidence from a buy‑side analyst that could cap downside if sentiment stabilizes. Benchmark Adjusts Price Target
• Positive Sentiment: MarketBeat/other coverage reiterates Comcast’s value story: low forward P/E, strong broadband cash flows, solid free cash generation and a 4%+ dividend — fundamentals that can support a rebound if macro/sector sentiment improves. MarketBeat: Discounted Stocks (CMCSA)
• Neutral Sentiment: Comcast completed the planned spin‑off of Versant Media Group (now VSNT). The separation is strategic (streamlining Comcast’s portfolio) but the near‑term market impact depends on how investors value the two public entities separately. Comcast Completes Versant Separation
• Neutral Sentiment: Recent commentary and a “valuation check” piece review Comcast’s price weakness and argue the stock remains inexpensive on forward multiples — useful context but not an immediate catalyst. Yahoo: Valuation Check
• Negative Sentiment: Analyst downgrades from Arete (from “hold”/”neutral” to “sell” and most recently to “strong sell”) with a $23 price target signal increased downside risk and likely pressured today’s trading. Analyst sentiment shifts are an immediate driver of flows and headlines. Zacks / Arete Downgrade
• Negative Sentiment: Versant’s market debut has been weak (shares slid on their first day), which may feed negative headlines and investor caution about Comcast’s media assets and the timing/benefit of the spin‑off. That noisy debut likely contributed to short‑term selling pressure. MarketWatch: Versant Rocky Start

Comcast Price Performance

Comcast stock opened at $27.42 on Wednesday. The stock’s 50 day moving average is $27.98 and its 200 day moving average is $31.15. Comcast Corporation has a one year low of $25.75 and a one year high of $38.40. The firm has a market cap of $99.92 billion, a P/E ratio of 4.56, a P/E/G ratio of 1.97 and a beta of 0.81. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.88 and a quick ratio of 0.88.

Comcast (NASDAQ:CMCSA) last released its quarterly earnings results on Monday, March 13th. The cable giant reported $0.77 earnings per share (EPS) for the quarter. The firm had revenue of $30.34 billion during the quarter. Comcast had a net margin of 18.33% and a return on equity of 18.06%. As a group, research analysts expect that Comcast Corporation will post 4.33 EPS for the current year.

Comcast Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, February 4th. Investors 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 4.8%. The ex-dividend date of this dividend is Wednesday, January 14th. Comcast’s dividend payout ratio (DPR) is currently 21.96%.

Wall Street Analysts Forecast Growth

CMCSA has been the subject of a number of research analyst reports. BNP Paribas upgraded shares of Comcast from an “underperform” rating to a “neutral” rating and set a $28.00 price objective for the company in a research report on Tuesday, November 4th. Loop Capital lowered their price target on shares of Comcast from $43.00 to $40.00 and set a “buy” rating for the company in a report on Friday, October 31st. Benchmark cut their price objective on Comcast from $46.00 to $44.00 and set a “buy” rating on the stock in a report on Monday. Bank of America lowered their target price on Comcast from $38.00 to $36.00 and set a “neutral” rating for the company in a report on Monday, September 29th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Comcast in a research report on Tuesday, October 14th. Eleven analysts have rated the stock with a Buy rating, twenty have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $35.37.

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.