Comcast Corporation $CMCSA Shares Sold by HBK Investments L P

Posted by Stanley Muller on Sep 16th, 2026

HBK Investments L P trimmed its stake in shares of Comcast Corporation (NASDAQ:CMCSA – Free Report) by 12.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 937,002 shares of the cable giant’s stock after selling 129,999 shares during the quarter. HBK Investments L P’s holdings in Comcast were worth $23,003,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Lowe Brockenbrough & Co. Inc. lifted its position in shares of Comcast by 4.9% during the fourth quarter. Lowe Brockenbrough & Co. Inc. now owns 7,532 shares of the cable giant’s stock worth $225,000 after purchasing an additional 352 shares during the last quarter. Addison Advisors LLC increased its holdings in Comcast by 55.7% in the fourth quarter. Addison Advisors LLC now owns 1,074 shares of the cable giant’s stock valued at $32,000 after buying an additional 384 shares during the last quarter. Cedar Mountain Advisors LLC raised its stake in Comcast by 48.2% during the first quarter. Cedar Mountain Advisors LLC now owns 1,196 shares of the cable giant’s stock valued at $34,000 after buying an additional 389 shares in the last quarter. PFG Investments LLC raised its stake in Comcast by 0.9% during the first quarter. PFG Investments LLC now owns 41,771 shares of the cable giant’s stock valued at $1,199,000 after buying an additional 391 shares in the last quarter. Finally, Iron Gate Global Advisors LLC lifted its holdings in Comcast by 4.6% during the 4th quarter. Iron Gate Global Advisors LLC now owns 8,956 shares of the cable giant’s stock worth $268,000 after buying an additional 395 shares during the last quarter. Institutional investors own 84.32% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on CMCSA. Barclays set a $26.00 price target on Comcast and gave the company an “equal weight” rating in a report on Friday, July 24th. Weiss Ratings cut Comcast from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday, July 28th. Seaport Research Partners raised shares of Comcast from a “neutral” rating to a “buy” rating in a report on Thursday, July 2nd. Freedom Capital raised shares of Comcast to a “hold” rating in a report on Friday, June 12th. Finally, Bank of America restated a “buy” rating and issued a $35.00 price target (down from $37.00) on shares of Comcast in a research report on Wednesday. Eleven analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Comcast currently has a consensus rating of “Hold” and a consensus price target of $32.69.

Get Our Latest Research Report on Comcast

Comcast Stock Performance

NASDAQ:CMCSA traded down $0.69 during midday trading on Wednesday, reaching $23.73. 24,256,279 shares of the company traded hands, compared to its average volume of 32,684,400. The firm has a market capitalization of $84.21 billion, a price-to-earnings ratio of 7.68, a price-to-earnings-growth ratio of 1.77 and a beta of 0.68. The company has a fifty day moving average price of $25.06 and a 200 day moving average price of $26.15. The company has a debt-to-equity ratio of 0.94, a current ratio of 0.80 and a quick ratio of 0.80. Comcast Corporation has a twelve month low of $21.28 and a twelve month high of $32.85.

Comcast (NASDAQ:CMCSA – Get Free Report) last issued 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 return on equity of 14.77% and a net margin of 8.97%.The firm had revenue of $29.94 billion for the quarter, compared to analyst estimates of $29.24 billion. During the same period last year, the company earned $1.25 earnings per share. The firm’s revenue for the quarter was down 1.2% on a year-over-year basis. On average, analysts expect that Comcast Corporation will post 3.52 EPS for the current fiscal year.

Comcast Announces Dividend

The company 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 $0.33 dividend. The ex-dividend date is Wednesday, October 7th. This represents a $1.32 annualized dividend and a yield of 5.6%. Comcast’s dividend payout ratio (DPR) is currently 42.72%.

About Comcast

(Free Report)

Comcast Corporation (NASDAQ:CMCSA) is a global media and technology company that provides broadband, wireless, video, voice and related services to residential and business customers. Through its connectivity businesses, Comcast offers internet access, mobile service, pay television, telephone service, and home security and automation products, primarily under the Xfinity brand in the United States.

Comcast also operates a broad portfolio of entertainment and media businesses. NBCUniversal includes the NBC and Telemundo broadcast networks, cable networks, film and television studios, the Peacock streaming service, and a collection of theme parks.