Comcast (NASDAQ:CMCSA) Shares Unloaded Sen. Shelley Moore Capito

Senator Shelley Moore Capito (R-West Virginia) recently sold shares of Comcast Co. (NASDAQ:CMCSA). In a filing disclosed on March 06th, the Senator disclosed that they had sold between $1,001 and $15,000 in Comcast stock on February 24th.

Senator Shelley Moore Capito also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Accenture (NYSE:ACN) on 2/24/2025.
• Sold $1,001 – $15,000 in shares of Abbott Laboratories (NYSE:ABT) on 2/24/2025.
• Sold $1,001 – $15,000 in shares of Apple (NASDAQ:AAPL) on 2/5/2025.
• Purchased $1,001 – $15,000 in shares of Constellation Energy (NASDAQ:CEG) on 2/4/2025.
• Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 2/4/2025.
• Sold $1,001 – $15,000 in shares of W.W. Grainger (NYSE:GWW) on 1/17/2025.
• Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 1/17/2025.
• Sold $1,001 – $15,000 in shares of BlackRock (NYSE:BLK) on 1/17/2025.
• Sold $1,001 – $15,000 in shares of JPMorgan Chase & Co. (NYSE:JPM) on 1/17/2025.
• Sold $1,001 – $15,000 in shares of Phillips 66 (NYSE:PSX) on 1/17/2025.

Comcast Stock Up 2.0 %

Shares of NASDAQ:CMCSA opened at $36.27 on Friday. Comcast Co. has a fifty-two week low of $32.50 and a fifty-two week high of $45.31. The firm’s 50 day moving average price is $36.13 and its 200 day moving average price is $39.37. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 1.09. The stock has a market cap of $137.14 billion, a price-to-earnings ratio of 8.74, a price-to-earnings-growth ratio of 1.78 and a beta of 1.00.

Comcast (NASDAQ:CMCSA) last issued its earnings results on Thursday, January 30th. The cable giant reported $0.96 earnings per share for the quarter, topping the consensus estimate of $0.88 by $0.08. Comcast had a return on equity of 19.98% and a net margin of 13.09%. As a group, equities research analysts predict that Comcast Co. will post 4.33 earnings per share for the current fiscal year.

Comcast Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 23rd. Stockholders of record on Wednesday, April 2nd will be given a dividend of $0.33 per share. The ex-dividend date is Wednesday, April 2nd. This is an increase from Comcast’s previous quarterly dividend of $0.31. This represents a $1.32 dividend on an annualized basis and a dividend yield of 3.64%. Comcast’s payout ratio is currently 31.81%.

Institutional Trading of Comcast

Several institutional investors and hedge funds have recently modified their holdings of the business. Smith Shellnut Wilson LLC ADV boosted its stake in shares of Comcast by 6.6% during the fourth quarter. Smith Shellnut Wilson LLC ADV now owns 5,645 shares of the cable giant’s stock valued at $212,000 after acquiring an additional 350 shares during the last quarter. Park Square Financial Group LLC purchased a new position in Comcast in the 4th quarter valued at about $104,000. Total Wealth Planning & Management Inc. acquired a new stake in shares of Comcast during the 4th quarter worth about $803,000. Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in shares of Comcast in the fourth quarter valued at approximately $139,227,000. Finally, Brucke Financial Inc. acquired a new position in shares of Comcast in the fourth quarter valued at approximately $325,000. Hedge funds and other institutional investors own 84.32% of the company’s stock.

Wall Street Analysts Forecast Growth

CMCSA has been the subject of several research reports. Morgan Stanley reduced their target price on Comcast from $45.00 to $38.00 and set an “equal weight” rating for the company in a report on Friday, January 31st. Bank of America cut shares of Comcast from a “buy” rating to a “neutral” rating and reduced their target price for the company from $50.00 to $38.00 in a report on Friday, January 31st. Benchmark dropped their price target on Comcast from $57.00 to $55.00 and set a “buy” rating on the stock in a research report on Friday, January 31st. Scotiabank downgraded Comcast from a “sector outperform” rating to a “sector perform” rating and lowered their target price for the company from $48.00 to $44.50 in a research note on Monday, February 3rd. Finally, Sanford C. Bernstein set a $38.00 price target on Comcast in a research note on Friday, January 31st. Nine equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and three have given a strong buy rating to the company’s stock. According to data from MarketBeat, Comcast has a consensus rating of “Moderate Buy” and a consensus price target of $43.83.

About Senator Capito

Shelley Moore Capito (Republican Party) is a member of the U.S. Senate from West Virginia. She assumed office on January 3, 2015. Her current term ends on January 3, 2027. Capito (Republican Party) ran for re-election to the U.S. Senate to represent West Virginia. She won in the general election on November 3, 2020. Capito was first elected to the Senate in 2014, becoming the first female U.S. Senator in the state’s history. Prior to serving in the Senate, Capito was a member of the West Virginia House of Representatives from 1997 to 2001 and a member of the United States House of Representatives from 2001 to 2015. At the start of the 116th Congress, Capito was a member of the U.S. Senate committees on Appropriations, Commerce, Science, and Transportation, Environment and Public Works, and Rules and Administration. As of a 2014 analysis of multiple outside rankings, Capito is a more moderate right of center Republican Party vote. As a result, she may break with the Republican Party line more than her fellow members. Capito earned her bachelor’s degree from Duke University. After earning her M.Ed. from the University of Virginia, Capito was a college counselor and then director of an educational information center. She was the only Republican in the West Virginia congressional delegation until the 2010 elections and is the first Republican woman elected to Congress from West Virginia. Capito is a former chairwoman of the Congressional Caucus for Women’s Issues, as well as a member of the Congressional Arts Caucus. After an explosion responsible for the death of 29 coal workers, Capito founded the Congressional Coal Caucus. Prior to her election to the U.S. House, Capito served in the West Virginia House of Delegates.

About Comcast

Comcast Corporation operates as a media and technology company worldwide. It operates through Residential Connectivity & Platforms, Business Services Connectivity, Media, Studios, and Theme Parks segments. The Residential Connectivity & Platforms segment provides residential broadband and wireless connectivity services, residential and business video services, sky-branded entertainment television networks, and advertising.