The Comcast Corporation (NASDAQ:CMCSA) is continuously seeing changes in its shareholdings by different institutions. Notably, the Bank of New York Mellon Corp, Adell Harriman & Carpenter Inc., Mather Group LLC, and others have lessened their shareholdings in Comcast Corp. On the other hand, World Investment Advisors, Horizon Financial Services, Conning Inc., and DAVENPORT & Co LLC. among others have increased their stakes in the company. Despite some institutions lowering their stakes, Comcast still commands strong institutional backing with 86% ownership. Moreover, Comcast's stock's price target is set at $42.10 by brokerages.
The company also received a Buy rating due to the growth outlook powered by its services including Peacock and Universal. Despite subscriber declines and spinoff uncertainty, investors still heavily search for Comcast. There is also an outlook for Comcast to expand its retail footprint and improve its services like faster internet access. However, some investors remain bearish, rating Comcast Corp a Sell. On a positive note, the company declared its quarterly dividend, emphasising its attractiveness to dividend growth investors.
Comcast Corp CMCSA News Analytics from Fri, 28 Mar 2025 07:00:00 GMT to Sat, 05 Jul 2025 12:54:09 GMT - Rating -4 - Innovation 0 - Information -2 - Rumor -6
