Comcast Corp Class A (CMCSA) Stock Value Rose While Dupont Capital Management Corp Lowered by $4.90 Million Its Stake

June 20, 2017 - By Maria Brooks

Investors sentiment increased to 0.96 in 2016 Q4. Its up 0.08, from 0.88 in 2016Q3. It increased, as 58 investors sold CMCSA shares while 518 reduced holdings. 123 funds opened positions while 431 raised stakes. 1.89 billion shares or 0.35% more from 1.88 billion shares in 2016Q3 were reported. Lodestar Invest Counsel Ltd Liability Company Il holds 0.11% of its portfolio in Comcast Corporation (NASDAQ:CMCSA) for 11,998 shares. Greenleaf reported 25,886 shares. Putnam Invs Ltd stated it has 0.79% in Comcast Corporation (NASDAQ:CMCSA). Fisher Asset Mngmt Ltd Liability holds 1.51% or 12.53 million shares in its portfolio. Patriot Wealth Mgmt Inc has invested 1.05% in Comcast Corporation (NASDAQ:CMCSA). Marvin & Palmer Assocs Inc has 1.8% invested in Comcast Corporation (NASDAQ:CMCSA). Valley Natl Advisers stated it has 0.08% in Comcast Corporation (NASDAQ:CMCSA). First Personal Services invested 0.14% of its portfolio in Comcast Corporation (NASDAQ:CMCSA). Gamco Et Al accumulated 867,728 shares or 0.38% of the stock. First Manhattan Co invested in 3.15 million shares. Ingalls Snyder Lc holds 0.14% or 37,331 shares in its portfolio. Susquehanna Intll Grp Inc Llp reported 0.05% of its portfolio in Comcast Corporation (NASDAQ:CMCSA). Reynders Mcveigh Cap Limited Liability Co reported 0.09% stake. Country Trust Commercial Bank stated it has 1.22% of its portfolio in Comcast Corporation (NASDAQ:CMCSA). River Road Asset Ltd Liability Corp holds 0.15% in Comcast Corporation (NASDAQ:CMCSA) or 114,977 shares.

Since December 23, 2016, it had 0 insider buys, and 12 selling transactions for $29.30 million activity. Smit Neil sold 39,730 shares worth $2.99 million. 1,680 Comcast Corporation (NASDAQ:CMCSA) shares with value of $118,944 were sold by BLOCK ARTHUR R. Shares for $303,713 were sold by BACON KENNETH J. The insider BURKE STEPHEN B sold $10.07M. Another trade for 3,121 shares valued at $237,081 was made by SALVA LAWRENCE J on Tuesday, February 14.

Dupont Capital Management Corp decreased its stake in Comcast Corp Class A (CMCSA) by 14.24% based on its latest 2016Q4 regulatory filing with the SEC. Dupont Capital Management Corp sold 70,954 shares as the company’s stock rose 3.16% with the market. The institutional investor held 427,340 shares of the television services company at the end of 2016Q4, valued at $29.51M, down from 498,294 at the end of the previous reported quarter. Dupont Capital Management Corp who had been investing in Comcast Corp Class A for a number of months, seems to be less bullish one the $194.97 billion market cap company. The stock declined 2.88% or $1.2 reaching $40.6 per share. About 12.56 million shares traded. Comcast Corporation (NASDAQ:CMCSA) has risen 28.96% since June 20, 2016 and is uptrending. It has outperformed by 12.26% the S&P500.

Dupont Capital Management Corp, which manages about $36.48 billion and $4.47 billion US Long portfolio, upped its stake in Eastman Chemical Co (NYSE:EMN) by 68,540 shares to 141,456 shares, valued at $10.64M in 2016Q4, according to the filing. It also increased its holding in Everest Re Group Ltd (NYSE:RE) by 16,980 shares in the quarter, for a total of 25,766 shares, and has risen its stake in Applied Materials Inc (NASDAQ:AMAT).

Analysts await Comcast Corporation (NASDAQ:CMCSA) to report earnings on July, 26. They expect $0.47 EPS, up 14.63 % or $0.06 from last year’s $0.41 per share. CMCSA’s profit will be $2.26B for 21.59 P/E if the $0.47 EPS becomes a reality. After $0.53 actual EPS reported by Comcast Corporation for the previous quarter, Wall Street now forecasts -11.32 % negative EPS growth.

More notable recent Comcast Corporation (NASDAQ:CMCSA) news were published by: Investorplace.com which released: “Comcast Corporation (CMCSA) Stock a Buy With 3 Impressive Catalysts” on May 24, 2017, also Businesswire.com with their article: “Comcast Corporation Announces Preliminary Results of 2017 Annual Meeting of …” published on June 08, 2017, Fool.com published: “Why Comcast Corporation Shareholders Have Nothing to Worry About” on June 19, 2017. More interesting news about Comcast Corporation (NASDAQ:CMCSA) were released by: Prnewswire.com and their article: “Capri EGM Completes Acquisition of National Headquarters Build-to-Suit for …” published on May 24, 2017 as well as Seekingalpha.com‘s news article titled: “Comcast’s ‘Mummy’ Misstep” with publication date: June 15, 2017.

Comcast Corporation (NASDAQ:CMCSA) Ratings Coverage

Among 22 analysts covering Comcast Corporation (NASDAQ:CMCSA), 18 have Buy rating, 0 Sell and 4 Hold. Therefore 82% are positive. Comcast Corporation had 43 analyst reports since July 27, 2015 according to SRatingsIntel. Suntrust Robinson initiated the shares of CMCSA in report on Wednesday, November 11 with “Neutral” rating. Jefferies maintained Comcast Corporation (NASDAQ:CMCSA) rating on Monday, December 19. Jefferies has “Buy” rating and $80.0 target. The company was maintained on Wednesday, May 4 by Goldman Sachs. The company was maintained on Tuesday, May 30 by Piper Jaffray. Macquarie Research upgraded Comcast Corporation (NASDAQ:CMCSA) on Monday, October 24 to “Outperform” rating. On Friday, July 24 the stock rating was maintained by UBS with “Buy”. Pivotal Research maintained Comcast Corporation (NASDAQ:CMCSA) on Tuesday, September 27 with “Buy” rating. The firm has “Neutral” rating given on Wednesday, August 19 by MoffettNathanson. The rating was maintained by Telsey Advisory Group on Tuesday, January 24 with “Outperform”. Credit Suisse maintained Comcast Corporation (NASDAQ:CMCSA) on Wednesday, January 6 with “Outperform” rating.

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