Comcast Corporation $CMCSA Stake Boosted by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. raised its position in shares of Comcast Corporation (NASDAQ:CMCSA) by 14.5% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,749,529 shares of the cable giant’s stock after buying an additional 221,680 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in Comcast were worth $54,970,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in CMCSA. Vanguard Group Inc. raised its stake in Comcast by 0.3% during the 2nd quarter. Vanguard Group Inc. now owns 369,438,921 shares of the cable giant’s stock valued at $13,185,275,000 after purchasing an additional 1,257,196 shares during the period. State Street Corp raised its position in Comcast by 2.5% during the second quarter. State Street Corp now owns 172,769,800 shares of the cable giant’s stock valued at $6,166,154,000 after buying an additional 4,231,140 shares during the period. Dodge & Cox lifted its stake in Comcast by 18.1% in the 2nd quarter. Dodge & Cox now owns 111,272,320 shares of the cable giant’s stock worth $3,971,309,000 after acquiring an additional 17,054,579 shares in the last quarter. Norges Bank acquired a new stake in Comcast during the 2nd quarter worth about $3,528,361,000. Finally, Charles Schwab Investment Management Inc. grew its stake in Comcast by 7.5% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 36,154,170 shares of the cable giant’s stock valued at $1,289,984,000 after acquiring an additional 2,517,906 shares in the last quarter. Institutional investors and hedge funds own 84.32% of the company’s stock.

Trending Headlines about Comcast

Here are the key news stories impacting Comcast this week:

• Positive Sentiment: Xfinity will offer RealTime4K streaming for Super Bowl LX — a product/marketing push that can boost subscriber engagement and premium streaming usage around a marquee live event. Xfinity Introduces RealTime4K for Super Bowl LX
• Positive Sentiment: Versant Media Group spin?off continues to reshape Comcast’s core business map — investors may view the separation as value?unlocking and a way to sharpen Comcast’s focus on core broadband/entertainment operations. Is Comcast Quietly Redrawing Its Core Business Map With the Versant Spin-Off?
• Neutral Sentiment: Multiple preview pieces are setting expectations for Comcast’s upcoming Q4 earnings, highlighting revenue mix, ad trends and subscriber dynamics — these previews increase short?term volatility around the print but don’t change fundamentals until results are released. Comcast Gears Up to Report Q4 Earnings
• Neutral Sentiment: Analysts and market commentaries see the stock potentially range?bound after the spin?off and recent technical setup — expect trading to be driven by quarterly results and subscriber/ad revenue data. Why Comcast Stock May Stay Tuned To A Range
• Neutral Sentiment: Reported short?interest figures for late January show apparent large increases but the published totals contain zeros/NaN values — the data looks unreliable; if genuine, rising short interest would be a bearish signal, but the anomaly makes the item ambiguous for immediate trading decisions.
• Negative Sentiment: BNP Paribas Exane trimmed its price target slightly to $28.00 and maintained a “neutral” rating — this modest cut signals limited upside from current levels and may weigh on investor sentiment near the stock’s recent trading price. BNP Paribas Exane Adjusts Price Target on Comcast

Comcast Price Performance

NASDAQ CMCSA opened at $28.41 on Thursday. Comcast Corporation has a fifty-two week low of $25.75 and a fifty-two week high of $37.97. The stock’s 50-day moving average is $28.31 and its two-hundred day moving average is $30.40. The firm has a market cap of $103.52 billion, a P/E ratio of 4.73, a price-to-earnings-growth ratio of 2.02 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 issued its quarterly earnings data on Thursday, October 30th. The cable giant reported $1.12 EPS for the quarter, beating analysts’ consensus estimates of $1.10 by $0.02. Comcast had a return on equity of 18.06% and a net margin of 18.33%.The business had revenue of $31.20 billion for the quarter, compared to analyst estimates of $30.74 billion. During the same quarter in the prior year, the firm posted $1.12 EPS. The firm’s revenue for the quarter was down 2.7% on a year-over-year basis. On average, analysts anticipate that Comcast Corporation will post 4.33 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the stock. Zacks Research raised shares of Comcast from a “strong sell” rating to a “hold” rating in a research report on Tuesday, December 9th. Evercore ISI cut their target price on shares of Comcast from $40.00 to $35.00 and set an “outperform” rating for the company in a research report on Friday, October 31st. Exane BNP Paribas reissued a “neutral” rating on shares of Comcast in a research note on Tuesday. JPMorgan Chase & Co. dropped their price target on shares of Comcast from $38.00 to $33.00 and set a “neutral” rating on the stock in a research note on Friday, October 31st. Finally, UBS Group set a $37.00 target price on Comcast in a research note on Monday, January 12th. Eleven analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $35.47.

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.