ComcastCMCSA
About: Comcast is made up of three parts. The core cable business owns networks capable of providing television, internet access, and phone services to 63 million US homes and businesses, or nearly half of the country. About 50% of the locations in this territory subscribe to at least one Comcast service. Comcast acquired NBCUniversal from General Electric in 2011. NBCU owns several cable networks, including CNBC, MSNBC, and USA, the NBC network, the Peacock streaming platform, several local NBC affiliates, Universal Studios, and several theme parks. Sky, acquired in 2018, is a large television provider in the UK and has invested heavily in proprietary content to build this position. Sky is also a large pay-television provider in Italy and has a presence in Germany and Austria.
Employees: 186,000
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
67% more call options, than puts
Call options by funds: $1.21B | Put options by funds: $727M
0.64% less ownership
Funds ownership: 83.55% [Q1] → 82.9% (-0.64%) [Q2]
4% less funds holding
Funds holding: 2,387 [Q1] → 2,295 (-92) [Q2]
11% less capital invested
Capital invested by funds: $143B [Q1] → $127B (-$16B) [Q2]
15% less funds holding in top 10
Funds holding in top 10: 48 [Q1] → 41 (-7) [Q2]
21% less repeat investments, than reductions
Existing positions increased: 847 | Existing positions reduced: 1,073
37% less first-time investments, than exits
New positions opened: 154 | Existing positions closed: 246
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
Scotiabank Maher Yaghi 100% 1-year accuracy 9 / 9 met price target | 14%upside $48 | Sector Perform Maintained | 18 Oct 2024 |
Barclays Kannan Venkateshwar 71% 1-year accuracy 12 / 17 met price target | 4%downside $40 | Equal-Weight Maintained | 25 Jul 2024 |
Macquarie Tim Nollen 61% 1-year accuracy 14 / 23 met price target | 4%downside $40 | Neutral Reiterated | 24 Jul 2024 |
Deutsche Bank Bryan Kraft 75% 1-year accuracy 12 / 16 met price target | 17%upside $49 | Buy Maintained | 24 Jul 2024 |
Keybanc Brandon Nispel 63% 1-year accuracy 12 / 19 met price target | 5%upside $44 | Overweight Maintained | 24 Jul 2024 |
Financial journalist opinion
Based on 44 articles about CMCSA published over the past 30 days
