Comcast Corporation $CMCSA Stock Position Cut by Cantor Fitzgerald Investment Advisors L.P.

Cantor Fitzgerald Investment Advisors L.P. decreased its position in Comcast Corporation (NASDAQ:CMCSA) by 10.7% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 470,457 shares of the cable giant’s stock after selling 56,588 shares during the period. Cantor Fitzgerald Investment Advisors L.P.’s holdings in Comcast were worth $10,237,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Whipplewood Advisors LLC grew its holdings in shares of Comcast by 75.5% in the 1st quarter. Whipplewood Advisors LLC now owns 932 shares of the cable giant’s stock valued at $27,000 after acquiring an additional 401 shares in the last quarter. Main Street Group LTD acquired a new position in Comcast during the first quarter worth $27,000. Provenance Wealth Advisors LLC acquired a new stake in Comcast in the first quarter valued at $30,000. Monetary Solutions Ltd acquired a new stake in Comcast in the 4th quarter valued at about $32,000. Finally, GKV Capital Management Co. Inc. acquired a new position in Comcast during the first quarter worth approximately $32,000. 84.32% of the stock is currently owned by institutional investors and hedge funds.

More Comcast News

Here are the key news stories impacting Comcast this week:

• Positive Sentiment: Low valuation may attract value investors. Comcast trades at roughly 6.7 times earnings—well below the S&P 500 median—after underperforming the broader market over the past year. Analysts note that the discount could offer upside if the company stabilizes growth and cash generation. Should You Buy Comcast Stock At Under Seven Times Earnings?
• Positive Sentiment: Fiber-network technology and rural expansion support the longer-term growth case. Harmonic launched a monitoring platform based on Comcast’s fiber technology, while Comcast expanded high-speed internet service to nearly 2,000 additional locations in Hardee County, Florida. These developments could improve network operations and broaden the company’s addressable customer base. The Bull Case For Comcast Could Change Following New Fiber Monitoring Tech And Rural Expansion
• Neutral Sentiment: Comcast will report its next results on October 22. The upcoming report is likely to be the next major catalyst, with investors focused on broadband subscribers, average revenue per customer, wireless competition and management’s outlook. Comcast Sets October 22 Results Date
• Neutral Sentiment: Bernstein maintained a Hold rating. The stance suggests limited conviction that near-term catalysts will drive a sustained revaluation. Comcast Gets a Hold from Bernstein
• Negative Sentiment: Broadband trends remain a significant concern. Average revenue per broadband customer fell 3.8% in the second quarter, while Comcast lost 167,000 broadband customers, indicating pressure on both subscriber numbers and pricing. Is There a Risk Hiding in Comcast Stock’s Latest Results?
• Negative Sentiment: Earnings expectations are cautious. Analysts expect a year-over-year earnings decline and do not see strong indicators for a likely beat ahead of the October 22 report. Analysts Estimate Comcast to Report a Decline in Earnings
• Negative Sentiment: Legal and competitive risks weigh on sentiment. A U.S. jury said Comcast owes $213 million in a video-streaming patent dispute, while Starlink’s mobile plans raise additional questions about future connectivity competition. Comcast Owes $213 Million in Video-Streaming Patent Dispute

Comcast Stock Performance

NASDAQ:CMCSA opened at $21.77 on Friday. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.80 and a current ratio of 0.80. Comcast Corporation has a fifty-two week low of $20.48 and a fifty-two week high of $32.85. The company has a 50 day simple moving average of $24.21 and a two-hundred day simple moving average of $24.86. The company has a market capitalization of $77.25 billion, a PE ratio of 5.55, a P/E/G ratio of 1.51 and a beta of 0.68.

Comcast (NASDAQ:CMCSA) last posted its quarterly earnings data on Thursday, July 23rd. The cable giant reported $1.04 earnings per share for the quarter, topping the consensus estimate of $0.97 by $0.07. Comcast had a net margin of 8.97% and a return on equity of 14.77%. The company had revenue of $29.94 billion during the quarter, compared to analysts’ expectations of $29.24 billion. During the same period in the prior year, the company posted $1.25 earnings per share. Comcast’s revenue for the quarter was down 1.2% compared to the same quarter last year. Research analysts anticipate that Comcast Corporation will post 3.49 earnings per share for the current year.

Comcast Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 28th. Shareholders of record on Wednesday, October 7th will be given a dividend of $0.33 per share. The ex-dividend date of this dividend is Wednesday, October 7th. This represents a $1.32 dividend on an annualized basis and a yield of 6.1%. Comcast’s dividend payout ratio is 42.72%.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on CMCSA shares. KeyCorp downgraded Comcast from a “sector weight” rating to an “underweight” rating and set a $18.00 price target for the company. in a report on Thursday, September 24th. Bank of America reiterated a “buy” rating and set a $35.00 target price (down from $37.00) on shares of Comcast in a research note on Wednesday, September 16th. UBS Group reissued a “neutral” rating and issued a $27.00 target price (down from $32.00) on shares of Comcast in a research report on Tuesday, September 15th. BNP Paribas Exane decreased their target price on shares of Comcast from $25.00 to $22.00 and set an “underperform” rating on the stock in a research report on Tuesday, July 14th. Finally, Barclays set a $24.00 price target on Comcast and gave the company an “equal weight” rating in a research note on Tuesday, September 29th. Eleven equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and five have given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $30.81.

Comcast Profile

Comcast Corporation (NASDAQ: CMCSA) is a global media and communications company headquartered in Philadelphia, Pennsylvania. Its businesses include broadband internet, wireless services, video, voice, and business connectivity services, primarily marketed under the Xfinity brand in the United States. Comcast also provides advertising and related technology services to businesses and media organizations.

Through NBCUniversal, Comcast operates national and local television networks, broadcast network NBC, Spanish-language network Telemundo, the Peacock streaming service, and a portfolio of film and television production businesses.