Parr Mcknight Wealth Management Group LLC Decreases Holdings in Comcast Corporation $CMCSA

Posted by Geri Gentry on Jun 1st, 2026

Parr Mcknight Wealth Management Group LLC trimmed its stake in shares of Comcast Corporation (NASDAQ:CMCSA – Free Report) by 45.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 35,628 shares of the cable giant’s stock after selling 29,749 shares during the period. Parr Mcknight Wealth Management Group LLC’s holdings in Comcast were worth $1,065,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Cora Capital Advisors LLC lifted its stake in Comcast by 3.4% in the 4th quarter. Cora Capital Advisors LLC now owns 11,013 shares of the cable giant’s stock valued at $329,000 after buying an additional 362 shares in the last quarter. FSA Advisors Inc. lifted its position in shares of Comcast by 5.5% in the third quarter. FSA Advisors Inc. now owns 7,203 shares of the cable giant’s stock valued at $226,000 after acquiring an additional 376 shares in the last quarter. Oakworth Capital Inc. lifted its holdings in Comcast by 7.4% in the 4th quarter. Oakworth Capital Inc. now owns 5,479 shares of the cable giant’s stock valued at $164,000 after purchasing an additional 377 shares in the last quarter. WPG Advisers LLC lifted its position in Comcast by 15.9% during the fourth quarter. WPG Advisers LLC now owns 2,801 shares of the cable giant’s stock worth $84,000 after buying an additional 384 shares in the last quarter. Finally, Addison Advisors LLC lifted its position in Comcast by 55.7% during the fourth quarter. Addison Advisors LLC now owns 1,074 shares of the cable giant’s stock worth $32,000 after buying an additional 384 shares in the last quarter. 84.32% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on CMCSA. Weiss Ratings reiterated a “hold (c-)” rating on shares of Comcast in a report on Wednesday, April 8th. Wall Street Zen raised shares of Comcast to a “hold” rating in a research note on Saturday, March 14th. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $29.00 target price on shares of Comcast in a research note on Thursday, April 23rd. New Street Research reduced their price target on shares of Comcast from $36.00 to $31.00 and set a “buy” rating on the stock in a research report on Wednesday, May 13th. Finally, Deutsche Bank Aktiengesellschaft lowered shares of Comcast from a “buy” rating to a “hold” rating and set a $34.00 price target on the stock. in a research report on Friday, April 24th. Nine research analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $34.79.

Read Our Latest Analysis on CMCSA

Comcast Price Performance

CMCSA stock opened at $24.87 on Monday. Comcast Corporation has a fifty-two week low of $24.53 and a fifty-two week high of $36.66. The company’s 50 day moving average price is $27.26 and its 200 day moving average price is $28.55. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.87 and a current ratio of 0.87. The firm has a market capitalization of $88.84 billion, a price-to-earnings ratio of 4.90, a PEG ratio of 2.00 and a beta of 0.68.

Comcast (NASDAQ:CMCSA – Get Free Report) last posted 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 analyst estimates of $30.42 billion. Comcast had a return on equity of 15.47% and a net margin of 15.00%.Comcast’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 company posted $1.09 earnings per share. On average, equities research analysts anticipate that Comcast Corporation will post 3.58 EPS for the current fiscal year.

Comcast Dividend Announcement

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

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.