Caprock Group LLC Acquires 45,005 Shares of Comcast Corporation $CMCSA

Key Points

• Caprock Group LLC boosted its Comcast stake by 45.4%, buying 45,005 shares to hold 144,204 shares valued at about $4.31 million.
• Q1 beat: Comcast reported adjusted EPS of $0.79 (vs. $0.73 est.) and revenue of $31.46B, aided by Olympics/Super Bowl ad lifts, narrower broadband losses and strong wireless additions, driving an ~7.7% stock rally.
• Insider activity and yield: CEO Michael J. Cavanagh sold 57,947 shares (an ~8.52% reduction in his stake); Comcast also pays a $0.33 quarterly dividend (≈4.2% yield) and is ~84% institutionally owned.

Caprock Group LLC grew its holdings in Comcast Corporation (NASDAQ:CMCSA - Free Report) by 45.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 144,204 shares of the cable giant's stock after acquiring an additional 45,005 shares during the quarter. Caprock Group LLC's holdings in Comcast were worth $4,310,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of CMCSA. Imprint Wealth LLC bought a new stake in shares of Comcast in the third quarter worth about $26,000. United Financial Planning Group LLC bought a new stake in shares of Comcast in the third quarter worth about $28,000. Olistico Wealth LLC bought a new stake in shares of Comcast in the fourth quarter worth about $29,000. Richardson Financial Services Inc. increased its holdings in shares of Comcast by 212.6% in the fourth quarter. Richardson Financial Services Inc. now owns 1,016 shares of the cable giant's stock worth $30,000 after acquiring an additional 691 shares in the last quarter. Finally, Lodestone Wealth Management LLC bought a new stake in shares of Comcast in the fourth quarter worth about $33,000. 84.32% of the stock is currently owned by institutional investors.

Comcast Stock Up 7.7%

NASDAQ:CMCSA opened at $31.64 on Friday. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.88 and a current ratio of 0.88. The company has a market cap of $113.84 billion, a PE ratio of 5.89, a PEG ratio of 2.44 and a beta of 0.80. Comcast Corporation has a 52-week low of $25.75 and a 52-week high of $36.66. The stock has a 50-day simple moving average of $29.81 and a 200 day simple moving average of $29.11.

Comcast (NASDAQ:CMCSA - Get Free Report) last posted its quarterly earnings data on Thursday, April 23rd. The cable giant reported $0.79 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.73 by $0.06. Comcast had a return on equity of 16.86% and a net margin of 16.17%.The business had revenue of $31.46 billion during the quarter, compared to the consensus estimate of $30.42 billion. During the same period last year, the company earned $1.09 earnings per share. Comcast's quarterly revenue was up 5.3% on a year-over-year basis. On average, sell-side analysts expect that Comcast Corporation will post 3.46 EPS for the current fiscal year.

Comcast Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 22nd. Shareholders of record on Wednesday, April 1st were paid a $0.33 dividend. This represents a $1.32 dividend on an annualized basis and a yield of 4.2%. The ex-dividend date was Wednesday, April 1st. Comcast's dividend payout ratio (DPR) is currently 24.58%.

Key Headlines Impacting Comcast

Here are the key news stories impacting Comcast this week:

• Positive Sentiment: Q1 beat — Comcast reported Q1 revenue of about $31.46B and adjusted EPS of $0.79, topping Street estimates and prompting the rally. Read More.
• Positive Sentiment: Big-event advertising lift — Ad sales were boosted by the Milan Cortina Winter Olympics and Super Bowl LX, lifting Content/advertising revenue for the quarter. Read More.
• Positive Sentiment: Connectivity momentum — Broadband subscriber losses narrowed (net loss ~65k) and wireless additions were strong (hundreds of thousands of net wireless line adds), signaling stabilization in core services. Read More.
• Positive Sentiment: Wireless product push — Xfinity Mobile launched new premium plans (Mobile Plus and Mobile Select) aimed at higher ARPU and retention. Read More.
• Positive Sentiment: Streaming & conversion catalysts — Management expects Peacock to approach profitability next quarter and plans to convert the majority of free wireless lines to paid in 2H 2026, both of which could lift margins. Read More.
• Neutral Sentiment: Valuation view — Some DCF and P/E analyses argue CMCSA may trade below intrinsic value, supporting upside if execution continues; this is analyst-driven context rather than a company action. Read More.
• Negative Sentiment: Year-over-year profit drop and longer-term share slump — EPS declined from $1.09 a year ago to $0.79 this quarter and the stock had been down roughly 10% over the past year, underscoring that challenges remain. Read More.
• Negative Sentiment: Insider and institutional activity — Recent insider sales and large institutional position changes have been noted by market trackers, which can be viewed as a near-term headwind for sentiment. Read More.

Wall Street Analyst Weigh In

CMCSA has been the subject of several recent analyst reports. BNP Paribas Exane lowered their price target on Comcast from $26.00 to $25.00 and set an "underperform" rating for the company in a report on Wednesday, April 8th. Zacks Research upgraded Comcast from a "strong sell" rating to a "hold" rating in a report on Tuesday, March 31st. UBS Group decreased their price objective on Comcast from $36.00 to $32.00 and set a "neutral" rating for the company in a report on Friday, January 30th. Morgan Stanley initiated coverage on Comcast in a report on Thursday, April 16th. They set an "equal weight" rating and a $31.00 price objective for the company. Finally, Weiss Ratings reiterated a "hold (c-)" rating on shares of Comcast in a report on Wednesday, April 8th. Ten investment analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, Comcast currently has a consensus rating of "Hold" and a consensus price target of $34.85.

Insiders Place Their Bets

In other Comcast news, CEO Michael J. Cavanagh sold 57,947 shares of the firm's stock in a transaction that occurred on Wednesday, February 11th. The stock was sold at an average price of $32.66, for a total value of $1,892,549.02. Following the completion of the transaction, the chief executive officer directly owned 622,336 shares in the company, valued at $20,325,493.76. This trade represents a 8.52% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.32% of the stock is currently owned by corporate insiders.

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.

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