Free Trial

Comcast Corporation (NASDAQ:CMCSA) Shares Acquired by LPL Financial LLC

Comcast logo with Consumer Discretionary background

LPL Financial LLC grew its holdings in Comcast Corporation (NASDAQ:CMCSA - Free Report) by 13.3% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,894,950 shares of the cable giant's stock after purchasing an additional 457,052 shares during the quarter. LPL Financial LLC owned approximately 0.10% of Comcast worth $143,724,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of CMCSA. Inlight Wealth Management LLC purchased a new position in shares of Comcast during the first quarter valued at approximately $26,000. Abound Financial LLC purchased a new position in shares of Comcast during the first quarter valued at approximately $29,000. Retirement Wealth Solutions LLC lifted its stake in shares of Comcast by 126.9% during the first quarter. Retirement Wealth Solutions LLC now owns 801 shares of the cable giant's stock valued at $30,000 after buying an additional 448 shares during the period. Mpwm Advisory Solutions LLC purchased a new position in shares of Comcast during the fourth quarter valued at approximately $33,000. Finally, Global Wealth Strategies & Associates lifted its stake in shares of Comcast by 203.4% during the first quarter. Global Wealth Strategies & Associates now owns 895 shares of the cable giant's stock valued at $33,000 after buying an additional 600 shares during the period. 84.32% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the stock. The Goldman Sachs Group reduced their price objective on shares of Comcast from $44.00 to $40.00 and set a "buy" rating on the stock in a research note on Friday, April 25th. New Street Research reduced their price objective on shares of Comcast from $44.00 to $38.00 and set a "buy" rating on the stock in a research note on Friday, April 25th. JPMorgan Chase & Co. reduced their price objective on shares of Comcast from $39.00 to $37.00 and set a "neutral" rating on the stock in a research note on Friday, April 25th. Rothschild & Co Redburn cut their price target on shares of Comcast from $44.00 to $35.00 in a research note on Friday, June 20th. Finally, Barclays cut their price target on shares of Comcast from $37.00 to $35.00 and set an "equal weight" rating on the stock in a research note on Monday, April 28th. Three analysts have rated the stock with a sell rating, eleven have assigned a hold rating, twelve have assigned a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $41.13.

View Our Latest Analysis on Comcast

Comcast Price Performance

CMCSA opened at $33.53 on Tuesday. The company has a fifty day simple moving average of $34.97 and a 200 day simple moving average of $35.20. The firm has a market cap of $125.19 billion, a price-to-earnings ratio of 8.24, a PEG ratio of 1.63 and a beta of 0.95. Comcast Corporation has a twelve month low of $31.44 and a twelve month high of $45.31. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 1.06.

Comcast Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 23rd. Investors of record on Wednesday, July 2nd were issued a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a yield of 3.94%. The ex-dividend date was Wednesday, July 2nd. Comcast's payout ratio is 32.43%.

Comcast Profile

(Free Report)

Comcast Corporation operates as a media and technology company worldwide. It operates through Residential Connectivity & Platforms, Business Services Connectivity, Media, Studios, and Theme Parks segments. The Residential Connectivity & Platforms segment provides residential broadband and wireless connectivity services, residential and business video services, sky-branded entertainment television networks, and advertising.

Featured Stories

Institutional Ownership by Quarter for Comcast (NASDAQ:CMCSA)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Comcast Right Now?

Before you consider Comcast, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Comcast wasn't on the list.

While Comcast currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

A Guide To High-Short-Interest Stocks Cover

MarketBeat's analysts have just released their top five short plays for August 2025. Learn which stocks have the most short interest and how to trade them. Enter your email address to see which companies made the list.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

ACT FAST! Congress is Dumping these 3 Stocks
3 “Boring” Mega Cap Stocks to Turn Into Pure Profit
Joby vs. Archer: The $10 Billion eVTOL Battle

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines