Los Angeles Capital Management LLC Lowers Stake in Comcast Corporation $CMCSA

Posted by Brian Himes on Jun 8th, 2026

Los Angeles Capital Management LLC lowered its position in shares of Comcast Corporation (NASDAQ:CMCSA – Free Report) by 10.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,432,267 shares of the cable giant’s stock after selling 160,148 shares during the quarter. Los Angeles Capital Management LLC’s holdings in Comcast were worth $39,130,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the company. Vanguard Group Inc. lifted its holdings in Comcast by 0.6% during the fourth quarter. Vanguard Group Inc. now owns 369,311,219 shares of the cable giant’s stock valued at $11,038,712,000 after purchasing an additional 2,160,829 shares in the last quarter. State Street Corp lifted its holdings in Comcast by 4.6% during the third quarter. State Street Corp now owns 180,687,135 shares of the cable giant’s stock valued at $5,677,190,000 after purchasing an additional 7,917,335 shares in the last quarter. Dodge & Cox lifted its holdings in Comcast by 1.2% during the third quarter. Dodge & Cox now owns 112,567,918 shares of the cable giant’s stock valued at $3,536,884,000 after purchasing an additional 1,295,598 shares in the last quarter. Geode Capital Management LLC lifted its holdings in Comcast by 1.7% during the fourth quarter. Geode Capital Management LLC now owns 89,913,362 shares of the cable giant’s stock valued at $2,680,747,000 after purchasing an additional 1,465,428 shares in the last quarter. Finally, Norges Bank purchased a new position in Comcast during the fourth quarter valued at approximately $2,498,626,000. Hedge funds and other institutional investors own 84.32% of the company’s stock.

Comcast Stock Performance

Shares of CMCSA opened at $23.82 on Monday. The company’s fifty day moving average is $26.77 and its 200 day moving average is $28.43. Comcast Corporation has a fifty-two week low of $23.13 and a fifty-two week high of $36.66. The stock has a market capitalization of $85.09 billion, a PE ratio of 4.69, a P/E/G ratio of 1.94 and a beta of 0.68. 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 announced its quarterly earnings results on Thursday, April 23rd. The cable giant reported $0.79 earnings per share for the quarter, topping the consensus estimate of $0.73 by $0.06. Comcast had a net margin of 15.00% and a return on equity of 15.47%. The company had revenue of $31.46 billion for the quarter, compared to analysts’ expectations of $30.42 billion. During the same quarter in the previous year, the business posted $1.09 earnings per share. Comcast’s quarterly revenue was up 5.3% on a year-over-year basis. Sell-side analysts expect that Comcast Corporation will post 3.53 earnings per share 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 given a dividend of $0.33 per share. The ex-dividend date is Wednesday, July 1st. This represents a $1.32 dividend on an annualized basis and a yield of 5.5%. Comcast’s payout ratio is 25.98%.

Analysts Set New Price Targets

Several equities analysts have weighed in on CMCSA shares. Evercore lifted their price target on shares of Comcast from $35.00 to $36.00 and gave the company an “outperform” rating in a report on Friday, April 24th. Scotiabank boosted their price target on shares of Comcast from $34.00 to $36.00 and gave the stock a “sector perform” rating in a research note on Friday, April 24th. Morgan Stanley boosted their price target on shares of Comcast from $31.00 to $33.00 and gave the stock an “equal weight” rating in a research note on Friday, April 24th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Comcast in a research note on Wednesday, April 8th. Finally, Citigroup boosted their price target on shares of Comcast from $33.00 to $35.50 and gave the stock a “buy” rating in a research report on Friday, April 24th. Nine investment 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 MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $34.56.

View Our Latest Analysis on Comcast

About Comcast

(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.