QRG Capital Management Inc. Has $15.12 Million Stock Position in Comcast Corporation $CMCSA

QRG Capital Management Inc. trimmed its position in Comcast Corporation (NASDAQ:CMCSA) by 33.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 481,182 shares of the cable giant’s stock after selling 243,578 shares during the quarter. QRG Capital Management Inc.’s holdings in Comcast were worth $15,119,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Capital A Wealth Management LLC grew its stake in shares of Comcast by 173.7% during the second quarter. Capital A Wealth Management LLC now owns 687 shares of the cable giant’s stock worth $25,000 after buying an additional 436 shares during the last quarter. Cranbrook Wealth Management LLC increased its holdings in Comcast by 86.0% in the 2nd quarter. Cranbrook Wealth Management LLC now owns 757 shares of the cable giant’s stock worth $27,000 after purchasing an additional 350 shares in the last quarter. Global Trust Asset Management LLC raised its position in Comcast by 906.8% in the second quarter. Global Trust Asset Management LLC now owns 745 shares of the cable giant’s stock valued at $27,000 after purchasing an additional 671 shares during the last quarter. Avalon Trust Co raised its position in Comcast by 433.3% in the second quarter. Avalon Trust Co now owns 768 shares of the cable giant’s stock valued at $27,000 after purchasing an additional 624 shares during the last quarter. Finally, Howard Hughes Medical Institute acquired a new stake in shares of Comcast during the second quarter valued at about $29,000. Institutional investors and hedge funds own 84.32% of the company’s stock.

Key Headlines Impacting Comcast

Here are the key news stories impacting Comcast this week:

• Positive Sentiment: MarketBeat highlights Comcast’s low P/E (~7x) and a ~4.5% yield, arguing the stock combines high yield with rebound potential as core results are expected to grow despite divestitures; institutional buying in early January is cited as supportive. 3 Low P/E Stocks: Separating Multibaggers From a Value Trap
• Positive Sentiment: Reports that Comcast has spun off Versant (new media vehicle) suggest potential value‑unlocking for shareholders if the market re-rates separated assets. This kind of corporate action can catalyze long-term upside. Comcast spins off Versant, unleashing a new media power on Wall Street
• Positive Sentiment: NBCUniversal’s push into live sports (Olympics, Super Bowl, NBA All‑Star and recent rights spending) should help differentiate the media network, supporting ad and subscription revenue over the next few quarters. NBCUniversal strategically leans into sports as it prepares for ‘Legendary February’
• Neutral Sentiment: Zacks notes elevated investor attention on CMCSA and reviews factors that will drive performance; this is informational but not a clear directional catalyst. Comcast Corporation (CMCSA) is Attracting Investor Attention: Here is What You Should Know
• Neutral Sentiment: Local retail expansion (new Xfinity store in Chehalis, WA) is positive for customer access and brand presence but is a small operational item unlikely to move the stock on its own. Chehalis Welcomes First Xfinity Store
• Negative Sentiment: Analyst pressure: Sanford C. Bernstein trimmed its price target to $32 (from $34) and kept a “market perform” rating — a reminder that analysts see limited near‑term upside, which can weigh on sentiment. Bernstein adjusts price target on Comcast
• Negative Sentiment: Consensus analyst stance remains cautious (many Holds), which mutes momentum until clearer evidence of revenue/earnings inflection or successful asset re‑rating emerges. Comcast Receives Consensus Rating of “Hold”

Comcast Stock Down 1.9%

Comcast stock opened at $27.82 on Friday. The firm has a 50 day moving average price of $28.10 and a 200-day moving average price of $30.83. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 0.96. Comcast Corporation has a twelve month low of $25.75 and a twelve month high of $38.40. The company has a market capitalization of $101.37 billion, a P/E ratio of 4.63, a P/E/G ratio of 2.02 and a beta of 0.81.

Comcast (NASDAQ:CMCSA) last announced its quarterly earnings data on Thursday, October 30th. The cable giant reported $1.12 earnings per share for the quarter, beating the consensus estimate 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 during the quarter, compared to analyst estimates of $30.74 billion. During the same period in the prior year, the company earned $1.12 earnings per share. Comcast’s revenue was down 2.7% compared to the same quarter last year. As a group, equities analysts predict that Comcast Corporation will post 4.33 EPS for the current year.

Comcast Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 4th. Shareholders of record on Wednesday, January 14th will be issued a dividend of $0.33 per share. The ex-dividend date of this dividend is Wednesday, January 14th. This represents a $1.32 annualized dividend and a yield of 4.7%. Comcast’s dividend payout ratio is 21.96%.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the stock. Scotiabank set a $37.50 price objective on shares of Comcast in a report on Wednesday, January 7th. Royal Bank Of Canada dropped their price target on shares of Comcast from $38.00 to $32.00 and set a “sector perform” rating on the stock in a research report on Friday, October 31st. Citigroup reduced their price objective on shares of Comcast from $39.00 to $35.00 and set a “buy” rating on the stock in a research note on Friday, October 31st. BNP Paribas Exane lifted their target price on shares of Comcast from $28.00 to $30.00 and gave the stock a “neutral” rating in a research note on Friday, December 19th. Finally, Arete lowered shares of Comcast from a “neutral” rating to a “sell” rating and set a $23.00 target price on the stock. in a report on Tuesday, January 6th. Twelve analysts have rated the stock with a Buy rating, nineteen have issued a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $34.92.

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.