Comcast Corporation $CMCSA Stock Position Reduced by Pinnacle Financial Partners Inc

Pinnacle Financial Partners Inc decreased its position in Comcast Corporation (NASDAQ:CMCSA) by 11.5% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 443,374 shares of the cable giant’s stock after selling 57,653 shares during the quarter. Pinnacle Financial Partners Inc’s holdings in Comcast were worth $13,931,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in CMCSA. Cairn Investment Group Inc. lifted its position in shares of Comcast by 4.6% in the 3rd quarter. Cairn Investment Group Inc. now owns 113,245 shares of the cable giant’s stock worth $3,558,000 after buying an additional 4,930 shares during the last quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund raised its stake in Comcast by 1.4% during the third quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 605,251 shares of the cable giant’s stock worth $19,017,000 after acquiring an additional 8,260 shares during the period. OVERSEA CHINESE BANKING Corp Ltd raised its stake in Comcast by 6.9% during the third quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 30,242 shares of the cable giant’s stock worth $950,000 after acquiring an additional 1,943 shares during the period. Avantra Family Wealth Inc. lifted its holdings in Comcast by 17.3% in the third quarter. Avantra Family Wealth Inc. now owns 22,404 shares of the cable giant’s stock worth $704,000 after acquiring an additional 3,306 shares during the last quarter. Finally, Versant Capital Management Inc boosted its stake in Comcast by 6.7% in the third quarter. Versant Capital Management Inc now owns 13,625 shares of the cable giant’s stock valued at $428,000 after acquiring an additional 857 shares during the period. 84.32% of the stock is currently owned by institutional investors.

Comcast Price Performance

Shares of NASDAQ CMCSA opened at $27.82 on Friday. The stock has a market cap of $101.37 billion, a P/E ratio of 4.63, a P/E/G ratio of 2.02 and a beta of 0.81. The firm’s 50-day simple moving average is $28.10 and its 200 day simple moving average is $30.83. Comcast Corporation has a fifty-two week low of $25.75 and a fifty-two week high of $38.40. 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 released its earnings results on Thursday, October 30th. The cable giant reported $1.12 EPS for the quarter, beating the consensus estimate of $1.10 by $0.02. The firm had revenue of $31.20 billion for the quarter, compared to analysts’ expectations of $30.74 billion. Comcast had a net margin of 18.33% and a return on equity of 18.06%. Comcast’s quarterly revenue was down 2.7% on a year-over-year basis. During the same quarter last year, the company earned $1.12 EPS. Equities 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 issued a dividend of $0.33 per share. The ex-dividend date of this dividend is Wednesday, January 14th. This represents a $1.32 annualized dividend and a yield of 4.7%. Comcast’s payout ratio is presently 21.96%.

Comcast News Roundup

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”

Wall Street Analyst Weigh In

CMCSA has been the topic of several recent research reports. Cowen reissued a “buy” rating on shares of Comcast in a report on Friday, October 31st. Scotiabank set a $37.50 target price on Comcast in a research report on Wednesday, January 7th. Royal Bank Of Canada reduced their price target on shares of Comcast from $38.00 to $32.00 and set a “sector perform” rating for the company in a report on Friday, October 31st. BNP Paribas Exane increased their price objective on shares of Comcast from $28.00 to $30.00 and gave the stock a “neutral” rating in a report on Friday, December 19th. Finally, Moffett Nathanson reduced their target price on shares of Comcast from $58.00 to $53.00 and set a “buy” rating for the company in a research note on Thursday, November 13th. Twelve research analysts have rated the stock with a Buy rating, nineteen have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $34.92.

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.