North Dakota State Investment Board Makes New $3.75 Million Investment in Comcast Corporation $CMCSA

Posted by Kyle Jackson on May 18th, 2026

North Dakota State Investment Board purchased a new stake in Comcast Corporation (NASDAQ:CMCSA – Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 125,587 shares of the cable giant’s stock, valued at approximately $3,754,000.

Several other hedge funds and other institutional investors have also made changes to their positions in CMCSA. Capital Research Global Investors lifted its stake in Comcast by 46.1% in the third quarter. Capital Research Global Investors now owns 33,706,330 shares of the cable giant’s stock valued at $1,059,053,000 after buying an additional 10,633,206 shares during the period. State Street Corp grew its position in shares of Comcast by 4.6% during the 3rd quarter. State Street Corp now owns 180,687,135 shares of the cable giant’s stock worth $5,677,190,000 after buying an additional 7,917,335 shares during the period. SG Americas Securities LLC grew its position in shares of Comcast by 2,970.5% during the 4th quarter. SG Americas Securities LLC now owns 7,394,728 shares of the cable giant’s stock worth $221,028,000 after buying an additional 7,153,895 shares during the period. Two Sigma Investments LP increased its stake in shares of Comcast by 1,356.2% in the 3rd quarter. Two Sigma Investments LP now owns 6,556,098 shares of the cable giant’s stock valued at $205,993,000 after acquiring an additional 6,105,867 shares during the last quarter. Finally, Worldquant Millennium Advisors LLC raised its position in shares of Comcast by 554.9% in the 2nd quarter. Worldquant Millennium Advisors LLC now owns 5,005,158 shares of the cable giant’s stock valued at $178,634,000 after acquiring an additional 4,240,876 shares during the period. 84.32% of the stock is currently owned by institutional investors.

Comcast Price Performance

NASDAQ:CMCSA opened at $24.76 on Monday. The stock has a 50-day simple moving average of $28.36 and a 200 day simple moving average of $28.74. Comcast Corporation has a 52-week low of $24.53 and a 52-week high of $36.66. The company has a market cap of $88.45 billion, a PE ratio of 4.87, a PEG ratio of 1.99 and a beta of 0.71. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.87 and a current ratio of 0.87.

Comcast (NASDAQ:CMCSA – Get Free Report) last released its earnings results on Thursday, April 23rd. The cable giant reported $0.79 EPS for the quarter, beating the consensus estimate of $0.73 by $0.06. The firm had revenue of $31.46 billion for the quarter, compared to analysts’ expectations of $30.42 billion. Comcast had a return on equity of 15.47% and a net margin of 15.00%.The business’s quarterly revenue was up 5.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.09 EPS. On average, sell-side analysts expect that Comcast Corporation will post 3.58 EPS for the current fiscal year.

Comcast Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 22nd. Investors of record on Wednesday, July 1st will be issued a dividend of $0.33 per share. The ex-dividend date is Wednesday, July 1st. This represents a $1.32 annualized dividend and a yield of 5.3%. Comcast’s dividend payout ratio is presently 25.98%.

Key Stories Impacting Comcast

Here are the key news stories impacting Comcast this week:

Positive Sentiment: Comcast declared a quarterly dividend of $0.33 per share, reinforcing its income appeal and signaling management confidence in cash flow. Comcast Declares Quarterly Dividend
Positive Sentiment: Zacks highlighted Comcast as one of the better-positioned names in a challenging cable industry, citing growing demand for high-speed internet and stronger media consumption as cord-cutting shifts the market toward broadband. 2 Stocks to Watch From a Challenging Cable Television Industry
Positive Sentiment: Comcast continues expanding rural broadband access in Florida and Indiana through public-private partnerships, which supports long-term subscriber growth and reinforces the company’s core connectivity business. What Comcast (CMCSA)’s Dividend, Rural Broadband Push and Legal Settlement Means For Shareholders
Neutral Sentiment: Comcast’s Sky unit is reportedly advancing talks to acquire ITV’s media and entertainment business, a deal that could be strategic but is still early and may require a performance-based payout structure. Comcast’s Sky advances talks to acquire ITV unit with performance-based payout, sources say
Negative Sentiment: Investor sentiment remains weighed down by Comcast’s $117.5 million data-breach settlement, which keeps cybersecurity, legal liability, and reputation risks in focus. Comcast’s US$117.5m Breach Settlement Puts Data Security Risks In Focus
Negative Sentiment: Recent coverage also notes Comcast hit a new 12-month low after an analyst downgrade, underscoring ongoing concern about growth, competition, and margin pressure. Comcast (NASDAQ:CMCSA) Reaches New 12-Month Low Following Analyst Downgrade

Analyst Ratings Changes

Several research analysts recently weighed in on the stock. UBS Group reduced their price objective on shares of Comcast from $36.00 to $32.00 and set a “neutral” rating on the stock in a research note on Friday, January 30th. Rosenblatt Securities reiterated a “neutral” rating and issued a $30.00 target price on shares of Comcast in a report on Friday, January 30th. Weiss Ratings reissued a “hold (c-)” rating on shares of Comcast in a research report on Wednesday, April 8th. TD Cowen decreased their price target on shares of Comcast from $40.00 to $39.00 and set a “buy” rating for the company in a report on Friday, January 30th. Finally, New Street Research dropped their price objective on Comcast from $36.00 to $31.00 and set a “buy” rating on the stock in a research note on Wednesday, May 13th. Nine equities research analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $34.79.

Get Our Latest Stock Analysis on CMCSA

Comcast Profile

(Free Report)

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.