Martingale Asset Management L P Grows Stake in Comcast Corporation $CMCSA

Martingale Asset Management L P grew its position in Comcast Corporation (NASDAQ:CMCSA) by 50.5% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 520,179 shares of the cable giant’s stock after purchasing an additional 174,458 shares during the period. Martingale Asset Management L P’s holdings in Comcast were worth $16,344,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in CMCSA. Brighton Jones LLC raised its holdings in shares of Comcast by 150.9% in the fourth quarter. Brighton Jones LLC now owns 166,265 shares of the cable giant’s stock valued at $6,240,000 after buying an additional 99,986 shares during the last quarter. Voya Financial Advisors Inc. raised its stake in shares of Comcast by 3.2% in the second quarter. Voya Financial Advisors Inc. now owns 83,883 shares of the cable giant’s stock valued at $2,963,000 after acquiring an additional 2,593 shares during the period. United Bank grew its holdings in shares of Comcast by 11.3% during the 2nd quarter. United Bank now owns 42,216 shares of the cable giant’s stock worth $1,507,000 after purchasing an additional 4,290 shares during the period. Allworth Financial LP grew its holdings in Comcast by 5.5% during the 2nd quarter. Allworth Financial LP now owns 92,934 shares of the cable giant’s stock worth $3,317,000 after acquiring an additional 4,834 shares in the last quarter. Finally, SBI Securities Co. Ltd. increased its holdings in Comcast by 30.0% during the 2nd quarter. SBI Securities Co. Ltd. now owns 2,947 shares of the cable giant’s stock valued at $105,000 after purchasing an additional 680 shares in the last quarter. Hedge funds and other institutional investors own 84.32% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the company. Moffett Nathanson decreased their target price on Comcast from $58.00 to $53.00 and set a “buy” rating for the company in a research report on Thursday, November 13th. Weiss Ratings restated a “hold (c-)” rating on shares of Comcast in a research report on Friday, January 9th. Sanford C. Bernstein decreased their price target on shares of Comcast from $34.00 to $32.00 and set a “market perform” rating on the stock in a research note on Thursday, January 15th. Scotiabank decreased their price objective on shares of Comcast from $37.50 to $35.25 and set a “sector perform” rating for the company in a research report on Friday, January 30th. Finally, UBS Group reduced their price objective on shares of Comcast from $36.00 to $32.00 and set a “neutral” rating for the company in a research note on Friday, January 30th. Ten research analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $34.87.

Comcast Price Performance

NASDAQ:CMCSA opened at $30.16 on Friday. Comcast Corporation has a 12-month low of $25.75 and a 12-month high of $37.72. The stock’s 50 day moving average price is $30.12 and its two-hundred day moving average price is $29.91. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 0.96. The firm has a market capitalization of $108.51 billion, a price-to-earnings ratio of 5.62, a P/E/G ratio of 2.38 and a beta of 0.79.

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

Comcast Dividend Announcement

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. The ex-dividend date is Wednesday, April 1st. This represents a $1.32 annualized dividend and a dividend yield of 4.4%. Comcast’s payout ratio is currently 24.58%.

Insider Activity at Comcast

In related news, CEO Michael J. Cavanagh sold 57,947 shares of the stock in a transaction that occurred on Wednesday, February 11th. The shares were sold at an average price of $32.66, for a total transaction of $1,892,549.02. Following the completion of the sale, the chief executive officer owned 622,336 shares of the company’s stock, valued at approximately $20,325,493.76. This represents a 8.52% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.32% of the stock is owned by company insiders.

Key Comcast News

Here are the key news stories impacting Comcast this week:

• Positive Sentiment: Comcast will expand its Comcast Business high‑speed, symmetrical internet, cybersecurity and tech services into the Quad Cities — its first infrastructure investment in Iowa — which should grow B2B recurring revenue and widen the company’s service footprint. Read More.
• Positive Sentiment: FreeWheel (Comcast’s ad tech unit) launched an AI agent infrastructure to streamline buying/selling of premium video ads and is piloting with PMG — a product that can boost ad yield and margin over time if adoption scales. Read More.
• Positive Sentiment: Xfinity will deliver THE PLAYERS Championship in RealTime4K via NBC Sports/Golf Channel, a content/tech differentiator that can aid customer retention and upsell for video/broadband bundles. Read More.
• Neutral Sentiment: Comcast scheduled its Q1 2026 earnings conference call for April 23 — a clear near‑term catalyst when management will give updated subscriber, ad and parks/streaming outlooks. Read More.
• Neutral Sentiment: Industry piece comparing Charter vs. Comcast highlights strategic differences (Charter focused on connectivity; Comcast more diversified into theme parks, streaming, live sports). Useful framing for investors weighing relative long‑term bets. Read More.
• Neutral Sentiment: Short‑interest reports this week show a flagged “large increase” but the published values are zero/NaN and days‑to‑cover = 0.0 — likely a data/reporting anomaly, so treat short‑interest impact as unclear until corrected filings are posted.
• Negative Sentiment: Market coverage notes Comcast shares have dipped more than the broader market in recent sessions, reflecting short‑term selling pressure and investor caution despite recent product wins. Read More.

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.