Comcast (CMCSA) Hits New 12-Month High at $42.56

Adjust Comment Print

Woodmont Investment Counsel LLC acquired a new position in Comcast Corp. during the third quarter valued at approximately $110,000. The institutional investor held 3.94M shares of the television services company at the end of 2017Q3, valued at $151.45M, up from 3.41M at the end of the previous reported quarter. Comcast Corp. The firm earned $21.32 billion during the quarter, compared to analyst estimates of $21.11 billion. Ci A for a number of months, seems to be less bullish one the $192.05B market cap company. Insiders sold 48,374 shares of company stock worth $3,225,839 over the last ninety days. About 34.25 million shares traded or 33.17% up from the average. It has outperformed by 23.61% the S&P500.

3G Capital Partners Lp increased Comcast Corp New (CMCSA) stake by 17.16% reported in 2017Q3 SEC filing. Buckhead Capital Mgmt Limited Liability Company invested in 167,133 shares or 1.38% of the stock. That value represents a market adjusting for revenues that have been falling by -1.58 % on a quarterly year/year basis as of the company's last quarterly report. About 1,337 shares traded. WPX Energy, Inc. (WPX) has risen 29.74% since January 11, 2017 and is uptrending. It has outperformed by 43.18% the S&P500. WPX was included in 4 notes of analysts from October 3, 2016. The firm has "Buy" rating by Berenberg given on Wednesday, August 23. Macquarie restated a "buy" rating and issued a $40.00 price objective on shares of Comcast in a research note on Thursday, December 7th. The stock has "Neutral" rating by Macquarie Research on Monday, January 4. Deutsche Bank upgraded it to "Buy" rating and $8 target in Friday, January 13 report. 802.74 million shares or 3.16% more from 778.17 million shares in 2017Q2 were reported. The firm has "Hold" rating by Canaccord Genuity given on Friday, January 29. The stock of Texas Instruments Incorporated (NASDAQ:TXN) earned "Outperform" rating by Bernstein on Tuesday, September 13. The rating was maintained by Morgan Stanley with "Equal-Weight" on Wednesday, December 13.

Investors sentiment increased to 1.25 in Q3 2017. Its up 0.27, from 0.73 in 2017Q2.

Several other institutional investors have also sold shares of the company. 65 funds opened positions while 204 raised stakes. First Bank & Trust grew its holdings in shares of Comcast by 84.9% during the second quarter. Swiss Financial Bank owns 0% invested in Ennis, Inc. Artisan Prtnrs Lp owns 64,317 shares or 0% of their USA portfolio.

Country Club Trust Company decreased Union Pac Corp (NYSE:UNP) stake by 6,136 shares to 11,974 valued at $1.39M in 2017Q3. The fund owned 8,900 shares of the cable giant's stock after selling 2,700 shares during the quarter. Levin Capital Strategies Limited Partnership owns 77,304 shares or 0.05% of their U.S. portfolio. Handelsbanken Fonder AB now owns 573,000 shares of the cable giant's stock worth $22,301,000 after purchasing an additional 2,600 shares during the last quarter.

Shares of DPW Holdings, Inc.(NYSE:DPW) have seen a movement of 37.06% in the most recent session.

SUSQUEHANNA INTERNATIONAL GROUP, LLP lowered its stake in DPW Holdings, Inc. Welch Forbes Ltd holds 752,226 shares or 0.76% of its portfolio. Neuberger Berman Grp Inc Ltd Limited Liability Company owns 0.26% invested in Aspen Technology, Inc. (NYSEAMERICAN:IEC) for 3,100 shares. HSBC Holdings plc began coverage on shares of Comcast a research report on Thursday, January 19th. Ubs Asset Mgmt Americas reported 0.14% of its portfolio in CSX Corporation (NASDAQ:CSX). Legacy Private holds 0.25% or 38,575 shares.

More news: 6 senators say they've reached immigration deal
More news: Wind Chill Advisory Issued
More news: You must apologise to Africans, AU tells Donald Trump

Annex Advisory Services Llc, which manages about $827.76M and $488.03 million US Long portfolio, upped its stake in Wal (NYSE:WMT) by 10,572 shares to 19,636 shares, valued at $1.53 million in 2017Q3, according to the filing.

Since September 5, 2017, it had 0 insider buys, and 1 sale for $54,981 activity. ROBERTS BRIAN L also sold $22.57 million worth of Comcast Corporation (NASDAQ:CMCSA) on Thursday, December 14. Murdock Daniel C. sold $144,915 worth of stock.

Short interest, or the number of a stock's tradable shares now being shorted, is another metric investors use to get a pulse on sentiment. Short-term as well long term investors always focus on the liquidity of the stocks so for that concern, liquidity measure in recent quarter results of the company was recorded 0.60 as current ratio and on the opponent side the debt to equity ratio was 0.55 and long-term debt to equity ratio also remained 0.15.

Comcast Corporation (CMCSA) traded up $0.48 on Wednesday, hitting $41.09. First Republic Inv Mngmt reported 0.51% of its portfolio in Comcast Corporation (NASDAQ:CMCSA). Perritt Capital holds 200,425 shares. Teewinot Advisers Limited Com invested in 6.73% or 590,756 shares.

Comcast (NASDAQ:CMCSA) last released its quarterly earnings data on Thursday, October 26th. Caisse De Depot Et Placement Du Quebec has invested 0.19% in Comcast Corporation (NASDAQ:CMCSA). The fund owned 36,540 shares of the cable giant's stock after buying an additional 2,675 shares during the quarter. Daiwa Securities Gp reported 0.03% stake.

Analysts await Comcast Corporation (NASDAQ:CMCSA) to report earnings on January, 24 before the open. Intersect Cap Llc, California-based fund reported 11,169 shares. Weber Alan W reported 0.02% of its portfolio in IEC Electronics Corp. Koch Industries reported 9,126 shares. Therefore 46% are positive. During the same quarter in the prior year, the firm earned $0.92 EPS. equities analysts expect that Comcast Corporation will post 2.05 earnings per share for the current fiscal year. The company was maintained on Monday, August 14 by Oppenheimer. Barclays reduced their price objective on Comcast from $44.00 to $41.00 and set an "overweight" rating for the company in a research note on Friday, October 27th. The company presently has a consensus rating of "Buy" and an average target price of $76.17. RBC Capital Markets maintained it with "Buy" rating and $45.0 target in Friday, September 8 report. The firm has "Neutral" rating given on Thursday, October 27 by Mizuho.