BTG Pactual Asset Management US LLC Takes $3.36 Million Position in Comcast Corporation $CMCSA

BTG Pactual Asset Management US LLC bought a new position in shares of Comcast Corporation (NASDAQ:CMCSA) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 136,839 shares of the cable giant’s stock, valued at approximately $3,359,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Lowe Brockenbrough & Co. Inc. raised its position in shares of Comcast by 4.9% during the 4th quarter. Lowe Brockenbrough & Co. Inc. now owns 7,532 shares of the cable giant’s stock valued at $225,000 after buying an additional 352 shares during the period. Addison Advisors LLC grew its position in Comcast by 55.7% in the fourth quarter. Addison Advisors LLC now owns 1,074 shares of the cable giant’s stock worth $32,000 after acquiring an additional 384 shares during the period. Cedar Mountain Advisors LLC increased its stake in Comcast by 48.2% during the first quarter. Cedar Mountain Advisors LLC now owns 1,196 shares of the cable giant’s stock worth $34,000 after acquiring an additional 389 shares during the last quarter. PFG Investments LLC raised its position in Comcast by 0.9% in the first quarter. PFG Investments LLC now owns 41,771 shares of the cable giant’s stock valued at $1,199,000 after purchasing an additional 391 shares during the period. Finally, CYBER HORNET ETFs LLC raised its position in Comcast by 3.9% in the third quarter. CYBER HORNET ETFs LLC now owns 10,407 shares of the cable giant’s stock valued at $327,000 after purchasing an additional 392 shares during the period. 84.32% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Comcast

Here are the key news stories impacting Comcast this week:

• Positive Sentiment: Comcast’s planned separation of NBCUniversal and Sky could help unlock value by reducing the conglomerate discount and allowing investors to value its connectivity and media businesses separately. Peacock’s first reported profit strengthens the case that the media assets may be more attractive as a standalone company. Did Comcast’s NBCU Spin-off and Peacock Profit Just Shift Comcast’s Investment Narrative? Comcast At Book Value: Separation Could End Conglomerate Discount
• Positive Sentiment: Value-focused investor Greenlight Capital added Comcast during a pullback, providing a favorable signal for investors who view the stock as undervalued after years of underperformance. Greenlight Capital Added Comcast Amid Pullback
• Positive Sentiment: Analysts point to Xfinity Mobile growth, Comcast’s low-cost Verizon roaming arrangement, selective network investment, and resilient NBCUniversal content and theme parks as potential new profit drivers as broadband competition intensifies. After A Decade Of Underperformance, Comcast Is Finally Ready To Rebound
• Positive Sentiment: A partnership with Tracer will create a unified operational layer for Universal Ads, supporting centralized campaign management, real-time measurement, and future AI-driven self-service advertising products. Comcast Builds Unified TV Ad Platform To Expand AI Driven Advertising
• Neutral Sentiment: Comcast received a consensus analyst rating of “Hold,” indicating that Wall Street remains cautious despite the company’s low valuation and restructuring potential. Comcast Given Consensus Rating of Hold by Analysts
• Neutral Sentiment: Executives are scheduled to present at Goldman Sachs and BofA Securities investor conferences in September, creating possible near-term catalysts for updates on the spin-off, broadband trends, and advertising strategy. Goldman Sachs Investor Conference BofA Securities Investor Conference
• Negative Sentiment: Broadband demand remains a concern as Comcast’s historical market position erodes, while recent public-relations issues and skepticism about the turnaround could limit the stock’s rebound.

Comcast Stock Performance

Shares of Comcast stock opened at $27.06 on Monday. The business has a 50-day moving average of $24.47 and a 200 day moving average of $26.64. Comcast Corporation has a 12 month low of $21.28 and a 12 month high of $34.45. The stock has a market capitalization of $96.03 billion, a price-to-earnings ratio of 8.76, a price-to-earnings-growth ratio of 1.54 and a beta of 0.67. The company has a debt-to-equity ratio of 0.94, a current ratio of 0.80 and a quick ratio of 0.80.

Comcast (NASDAQ:CMCSA) last issued its quarterly earnings results on Thursday, July 23rd. The cable giant reported $1.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.97 by $0.07. The company had revenue of $29.94 billion for the quarter, compared to analyst estimates of $29.24 billion. Comcast had a net margin of 8.97% and a return on equity of 14.77%. The business’s revenue for the quarter was down 1.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.25 earnings per share. As a group, sell-side analysts forecast that Comcast Corporation will post 3.52 earnings per share for the current year.

Comcast Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 28th. Investors of record on Wednesday, October 7th will be paid a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a yield of 4.9%. The ex-dividend date of this dividend is Wednesday, October 7th. Comcast’s dividend payout ratio is presently 42.72%.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on CMCSA shares. Freedom Capital upgraded Comcast to a “hold” rating in a report on Friday, June 12th. New Street Research decreased their target price on shares of Comcast from $31.00 to $30.00 and set a “buy” rating on the stock in a research report on Thursday, June 25th. Barclays set a $26.00 target price on shares of Comcast and gave the stock an “equal weight” rating in a research note on Friday, July 24th. Morgan Stanley set a $29.00 price target on shares of Comcast in a research note on Friday, July 24th. Finally, Scotiabank set a $29.00 price objective on shares of Comcast in a report on Friday, July 24th. Eleven investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat.com, Comcast has a consensus rating of “Hold” and an average target price of $32.96.

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.