Comcast Corporation $CMCSA Shares Sold by The Manufacturers Life Insurance Company

Posted by Stanley Muller on Jul 29th, 2026

The Manufacturers Life Insurance Company lessened its stake in shares of Comcast Corporation (NASDAQ:CMCSA – Free Report) by 55.3% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 3,585,376 shares of the cable giant’s stock after selling 4,436,692 shares during the period. The Manufacturers Life Insurance Company’s holdings in Comcast were worth $102,936,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of CMCSA. Vanguard Group Inc. boosted its stake in Comcast by 0.6% during the fourth quarter. Vanguard Group Inc. now owns 369,311,219 shares of the cable giant’s stock worth $11,038,712,000 after buying an additional 2,160,829 shares during the last quarter. North Dakota State Investment Board acquired a new stake in shares of Comcast in the 4th quarter worth $3,754,000. Inceptionr LLC acquired a new stake in shares of Comcast in the 1st quarter worth $660,000. Vest Financial LLC boosted its position in shares of Comcast by 72.1% during the 4th quarter. Vest Financial LLC now owns 232,883 shares of the cable giant’s stock valued at $6,961,000 after acquiring an additional 97,601 shares during the last quarter. Finally, Axxcess Wealth Management LLC grew its holdings in shares of Comcast by 53.8% in the fourth quarter. Axxcess Wealth Management LLC now owns 206,112 shares of the cable giant’s stock valued at $6,161,000 after purchasing an additional 72,129 shares during the period. 84.32% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the stock. BNP Paribas Exane cut their price objective on shares of Comcast from $25.00 to $22.00 and set an “underperform” rating for the company in a research report on Tuesday, July 14th. Evercore boosted their target price on shares of Comcast from $35.00 to $36.00 and gave the company an “outperform” rating in a report on Friday, April 24th. Sanford C. Bernstein reissued a “market perform” rating and issued a $28.00 price target on shares of Comcast in a research note on Monday, July 13th. Seaport Research Partners upgraded shares of Comcast from a “neutral” rating to a “buy” rating in a report on Thursday, July 2nd. Finally, Citigroup decreased their price objective on Comcast from $35.50 to $32.00 and set a “buy” rating on the stock in a report on Monday, June 29th. Eleven investment analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Comcast currently has an average rating of “Hold” and a consensus price target of $32.96.

Read Our Latest Report on Comcast

Comcast Stock Up 6.1%

Shares of CMCSA opened at $24.19 on Wednesday. The company’s 50-day moving average price is $23.76 and its 200 day moving average price is $27.20. Comcast Corporation has a 12-month low of $21.28 and a 12-month high of $34.45. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 0.94. The firm has a market cap of $86.41 billion, a P/E ratio of 7.83, a price-to-earnings-growth ratio of 1.87 and a beta of 0.67.

Comcast (NASDAQ:CMCSA – Get Free Report) last announced its earnings results on Thursday, July 23rd. The cable giant reported $1.04 earnings per share for the quarter, topping the consensus estimate of $0.97 by $0.07. Comcast had a net margin of 8.97% and a return on equity of 14.77%. The company had revenue of $29.94 billion during the quarter, compared to analyst estimates of $29.24 billion. During the same quarter last year, the firm posted $1.25 earnings per share. Comcast’s revenue was down 1.2% compared to the same quarter last year. On average, sell-side analysts forecast that Comcast Corporation will post 3.5 earnings per share for the current year.

Comcast Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 28th. Investors of record on Wednesday, October 7th will be given a dividend of $0.33 per share. The ex-dividend date of this dividend is Wednesday, October 7th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 5.5%. Comcast’s dividend payout ratio (DPR) is presently 42.72%.

Comcast Company 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.