Legal & General Group Plc Decreases Stock Position in Comcast Corporation $CMCSA

Posted by Brian Himes on May 25th, 2026

Legal & General Group Plc reduced its position in Comcast Corporation (NASDAQ:CMCSA – Free Report) by 0.4% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 23,999,625 shares of the cable giant’s stock after selling 105,149 shares during the period. Legal & General Group Plc’s holdings in Comcast were worth $717,349,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in CMCSA. Imprint Wealth LLC purchased a new position in Comcast in the 3rd quarter worth approximately $26,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. purchased a new position in Comcast in the 4th quarter worth approximately $27,000. United Financial Planning Group LLC purchased a new position in Comcast in the 3rd quarter worth approximately $28,000. Olistico Wealth LLC purchased a new position in Comcast in the 4th quarter worth approximately $29,000. Finally, Richardson Financial Services Inc. raised its holdings in Comcast by 212.6% in the 4th quarter. Richardson Financial Services Inc. now owns 1,016 shares of the cable giant’s stock worth $30,000 after acquiring an additional 691 shares during the last quarter. 84.32% of the stock is currently owned by hedge funds and other institutional investors.

Comcast Price Performance

Shares of CMCSA opened at $25.20 on Monday. The firm has a market cap of $90.02 billion, a PE ratio of 4.96, a P/E/G ratio of 2.03 and a beta of 0.71. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 1.01. The firm has a fifty day simple moving average of $27.73 and a two-hundred day simple moving average of $28.63. Comcast Corporation has a 1-year low of $24.53 and a 1-year high of $36.66.

Comcast (NASDAQ:CMCSA – Get Free Report) last announced its earnings results on Thursday, April 23rd. The cable giant reported $0.79 earnings per share for the quarter, beating analysts’ consensus estimates of $0.73 by $0.06. The business had revenue of $31.46 billion during the quarter, compared to analyst estimates of $30.42 billion. Comcast had a net margin of 15.00% and a return on equity of 15.47%. The company’s quarterly revenue was up 5.3% compared to the same quarter last year. During the same period in the previous year, the business earned $1.09 EPS. On average, equities analysts anticipate that Comcast Corporation will post 3.58 EPS for the current year.

Comcast Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 22nd. Stockholders of record on Wednesday, July 1st will be paid a $0.33 dividend. This represents a $1.32 annualized dividend and a dividend yield of 5.2%. The ex-dividend date is Wednesday, July 1st. Comcast’s dividend payout ratio is 25.98%.

Wall Street Analyst Weigh In

CMCSA has been the subject of a number of recent analyst reports. Rosenblatt Securities restated a “neutral” rating and issued a $30.00 price objective on shares of Comcast in a report on Friday, January 30th. BNP Paribas Exane decreased their price objective on shares of Comcast from $26.00 to $25.00 and set an “underperform” rating for the company in a report on Wednesday, April 8th. Evercore boosted their target price on shares of Comcast from $35.00 to $36.00 and gave the company an “outperform” rating in a research note on Friday, April 24th. Citigroup boosted their target price on shares of Comcast from $33.00 to $35.50 and gave the company a “buy” rating in a research note on Friday, April 24th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Comcast in a research note on Wednesday, April 8th. Nine analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $34.79.

View Our Latest Stock Analysis on Comcast

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.