Palouse Capital Management Inc. Has $39,000 Holdings in Comcast Corporation $CMCSA

Palouse Capital Management Inc. decreased its position in shares of Comcast Corporation (NASDAQ:CMCSA) by 96.1% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,350 shares of the cable giant’s stock after selling 33,423 shares during the period. Palouse Capital Management Inc.’s holdings in Comcast were worth $39,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of CMCSA. Imprint Wealth LLC acquired a new stake in Comcast during the 3rd quarter valued at $26,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new position in Comcast in the 4th quarter valued at $27,000. United Financial Planning Group LLC acquired a new position in Comcast in the third quarter worth $28,000. Olistico Wealth LLC acquired a new position in Comcast in the fourth quarter worth $29,000. Finally, Richardson Financial Services Inc. grew its holdings in shares of Comcast by 212.6% during the fourth quarter. Richardson Financial Services Inc. now owns 1,016 shares of the cable giant’s stock worth $30,000 after purchasing an additional 691 shares during the last quarter. Institutional investors own 84.32% of the company’s stock.

Comcast Trading Down 3.3%

CMCSA stock opened at $23.73 on Thursday. The company has a market cap of $84.77 billion, a P/E ratio of 4.67, a PEG ratio of 2.01 and a beta of 0.67. Comcast Corporation has a twelve month low of $22.13 and a twelve month high of $36.40. The company has a quick ratio of 0.87, a current ratio of 0.87 and a debt-to-equity ratio of 1.01. The business has a fifty day moving average of $24.97 and a 200-day moving average of $27.98.

Comcast (NASDAQ:CMCSA) last issued its quarterly earnings results on Thursday, April 23rd. The cable giant reported $0.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.73 by $0.06. The business had revenue of $31.46 billion for the quarter, compared to analyst estimates of $30.42 billion. Comcast had a return on equity of 15.47% and a net margin of 15.00%.The firm’s revenue for the quarter was up 5.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.09 earnings per share. As a group, equities research analysts expect that Comcast Corporation will post 3.51 EPS for the current year.

Comcast Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 22nd. Shareholders of record on Wednesday, July 1st will be given a dividend of $0.33 per share. The ex-dividend date is Wednesday, July 1st. This represents a $1.32 dividend on an annualized basis and a yield of 5.6%. Comcast’s dividend payout ratio is presently 25.98%.

Analyst Ratings Changes

CMCSA has been the subject of a number of research reports. Weiss Ratings restated a “hold (c-)” rating on shares of Comcast in a research note on Wednesday, April 8th. Royal Bank Of Canada increased their price objective on shares of Comcast from $31.00 to $32.00 and gave the stock a “sector perform” rating in a report on Friday, April 24th. Deutsche Bank Aktiengesellschaft upgraded shares of Comcast from a “hold” rating to a “buy” rating and lowered their price objective for the company from $34.00 to $32.00 in a research report on Tuesday. KeyCorp reaffirmed a “sector weight” rating on shares of Comcast in a research note on Thursday, April 23rd. Finally, Scotiabank upped their target price on shares of Comcast from $34.00 to $36.00 and gave the stock a “sector perform” rating in a research report on Friday, April 24th. Eleven equities research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, Comcast currently has an average rating of “Hold” and an average target price of $34.52.

Comcast News Roundup

Here are the key news stories impacting Comcast this week:

• Positive Sentiment: Comcast’s announced spin-off of NBCUniversal and Sky is being viewed as a value-unlocking move that could help narrow the company’s long-standing conglomerate discount and sharpen the focus of its connectivity business. Comcast’s NBCUniversal Split Puts Broadband Back in Focus
• Positive Sentiment: Rosenblatt Securities upgraded Comcast from neutral to buy and raised its price target, signaling improved analyst confidence after the restructuring announcement. Benzinga analyst note
• Positive Sentiment: Multiple reports suggest the breakup could create better M&A optionality for the media assets, with NBCUniversal potentially becoming a more appealing standalone target in a consolidating industry. The Comcast-NBCUniversal Spinoff News Could Mean More ‘Supersized’ Media M&A in 2026
• Neutral Sentiment: Several recent articles frame Comcast as still cheap on valuation metrics, but also note that its stock has been under pressure from broadband competition and margin concerns, leaving the long-term outlook dependent on execution. Has Comcast (CMCSA) Fallen Too Far To Be Undervalued?
• Neutral Sentiment: Investors are also waiting for Comcast’s upcoming earnings release, which could either validate the turnaround story or refocus attention on core business softness. What you need to know ahead of Comcast’s earnings release
• Negative Sentiment: Despite the restructuring optimism, Comcast still faces mounting competitive pressure in broadband and lingering margin concerns, which have weighed on the stock over the past month. Comcast Corporation (CMCSA) Trading Close to 52-Week Lows, Should You Buy?

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.