Comcast Corporation (CMCSA) Stake Reduced by PGGM Investments

Author

27 August, 2017

First Interstate Bank who had been investing in Comcast Corp for a number of months, seems to be less bullish one the $189.76B market cap company.

Shares of Comcast Corporation (CMCSA) traded up 0.15% during midday trading on Friday, reaching $40.20. About 13.41M shares traded.

Comcast Corporation (NASDAQ:CMCSA) was the recipient of a large drop in short interest in the month of August. It has outperformed by 12.26% the S&P500.

Honeywell International Inc increased Lazard Ltd (LAZ) stake by 81.64% reported in 2016Q4 SEC filing. The institutional investor held 178,330 shares of the investment managers company at the end of 2016Q4, valued at $4.82 million, up from 153,480 at the end of the previous reported quarter. Lazard Ltd now has $5.48 billion valuation. The stock decreased 0.74% or $2.66 on August 25, reaching $355.54. AMERCO (NASDAQ:UHAL) has risen 4.93% since August 26, 2016 and is uptrending. It has outperformed by 16.34% the S&P500. Two research analysts have rated the stock with a hold rating and twenty-four have assigned a buy rating to the stock. Therefore 78% are positive. The firm has "Buy" rating by Moffett Nathanson given on Wednesday, August 19. Imperial Capital initiated it with "In-Line" rating and $6 target in Thursday, September 17 report. Citigroup maintained it with "Buy" rating and $83 target in Monday, April 18 report. The stock has "Outperform" rating by RBC Capital Markets on Thursday, October 22. The rating was maintained by Wunderlich on Wednesday, August 26 with "Buy". BidaskClub downgraded Comcast Corporation from a "buy" rating to a "hold" rating in a report on Friday, June 23rd. The firm has "Buy" rating by Deutsche Bank given on Tuesday, February 9. The firm earned "Hold" rating on Wednesday, November 9 by Standpoint Research. Its down 0.28, from 1.28 in 2016Q3. Graass James H sold 10,000 shares worth $1.01 million. Lansdowne Prtn (Uk) Llp has 21.37 million shares.

Investors sentiment decreased to 1 in 2016 Q4. Its up 11.87, from 0.96 in 2016Q3. 45 funds opened positions while 144 raised stakes. 60,546 are held by Gsa Llp. 9,306 are owned by Savant Capital Lc. Columbia Wanger Asset Mngmt Limited Liability Company holds 1.33% or 2.31M shares in its portfolio. During the same quarter in the prior year, the business earned $0.83 earnings per share. Leuthold Ltd Liability Corp accumulated 19,274 shares. The fund owned 88,590 shares of the cable giant's stock after buying an additional 47,290 shares during the period. Stifel accumulated 326,531 shares. Seaward Mngmt Partnership owns 0.29% invested in Comcast Corporation (NASDAQ:CMCSA) for 79,649 shares. 16,300 are held by Hodges Mngmt. Mastrapasqua Asset Mgmt holds 0.22% of its portfolio in Eagle Materials, Inc. Whittier Of Nevada has 1,680 shares. Markel Corp has invested 0.15% in Comcast Corporation (NASDAQ:CMCSA).

Tweedy Browne Company Llc, which manages about $20.69B and $3.20B US Long portfolio, upped its stake in American Express Co (NYSE:AXP) by 130,510 shares to 362,608 shares, valued at $26.86M in 2016Q4, according to the filing. Citadel Advsr Lc has invested 0% of its portfolio in AMERCO (NASDAQ:UHAL). (NYSE:ZOES) stake by 401,464 shares to 1.51M valued at $36.16M in 2016Q4. Ameriprise Financial Inc. now owns 59,716,372 shares of the cable giant's stock valued at $2,244,768,000 after buying an additional 29,199,805 shares during the period. Expeditors Intl Wash Inc Com (NASDAQ:EXPD) was raised too. Therefore 75% are positive. Comcast Corporation had 56 analyst reports since July 27, 2015 according to SRatingsIntel. Royal Bank Of Canada lifted their target price on Comcast Corporation from $40.00 to $45.00 and gave the stock an "outperform" rating in a report on Monday, May 1st. The company was upgraded on Wednesday, August 19 by MoffettNathanson. As per Tuesday, September 27, the company rating was maintained by Pivotal Research. This represents an increase of 117% compared to the typical volume of 5,522 put options. Oppenheimer maintained it with "Buy" rating and $4300 target in Thursday, July 27 report.

Since March 1, 2017, it had 0 insider purchases, and 7 selling transactions for $13.76 million activity. BACON KENNETH J had sold 7,500 shares worth $303,713 on Thursday, May 25. Smit Neil had sold 33,000 shares worth $1.24 million.

Investors sentiment increased to 12.83 in 2016 Q4. It improved, as 58 investors sold CMCSA shares while 518 reduced holdings. Patriot Financial Group Insurance Agency LLC raised its position in Comcast Corporation by 100.0% in the first quarter. Moreover, Seabridge Invest Advisors Limited Liability Co has 0.23% invested in Comcast Corporation (NASDAQ:CMCSA). On average, analysts expect that Comcast Corporation will post $2.04 EPS for the current year. More interesting news about Comcast Corporation (NASDAQ:CMCSA) were released by: Seekingalpha.com and their article: "Comcast Co-Leads Investment In TuneIn Online Radio" published on August 14, 2017 as well as Seekingalpha.com's news article titled: "Sunrun, Comcast team up to offer residential solar program" with publication date: August 24, 2017. Archon Partners stated it has 2.67% in Comcast Corporation (NASDAQ:CMCSA). Ubs Asset Mngmt Americas holds 7.07 million shares. 11,876 are held by Caisse De Depot Et Placement Du Quebec. King Wealth Group Inc Ltd Liability Co invested in 0.13% or 4,110 shares. Stockholders of record on Wednesday, October 4th will be given a $0.1575 dividend. Thomas Story And Son Limited Liability Corp has invested 3.54% in Verizon Communications Inc. (NYSE:EXP). Blackrock holds 0% or 23,621 shares in its portfolio. (NYSE:VZ). Moody Bankshares Trust Division invested in 0.13% or 49,512 shares. Susquehanna Intll Ltd Liability Partnership holds 0% in Voxeljet AG (ADR) (NYSE:VJET) or 21,935 shares.


More news


  • Cristiano Ronaldo scores brilliant goal in Fiorentina friendly

    Cristiano Ronaldo scores brilliant goal in Fiorentina friendly

    Portuguese captain Ronaldo is now serving a five-game ban after pushing a referee in Madrid's Super Cup clash with Barcelona. It is likely that Zidane will look to midfielders Casemiro or Marcos Llorente as Nacho's centre-back partner.

    Barclays Cuts Rating On Whole Foods Market, Inc. (WFM) To "Equal-Weight"

    The firm has "Market Perform" rating given on Monday, April 18 by Wood. (NASDAQ:WFM) on Tuesday, September 22 with "Hold" rating. Given Whole Foods Market's higher possible upside, analysts plainly believe Whole Foods Market is more favorable than Pantry.
    Quake hits South African gold mine; 1 killed, 4 missing

    Quake hits South African gold mine; 1 killed, 4 missing

    A tremor measuring 1.2 on the Richter scale caused sections of the gold mine to collapse at around 10:30 on Friday. Amcu President Joseph Mathunjwa has commended harmony management for stopping all operations.
  • Insiders Are Selling - Humana Inc. (NYSE:HUM)

    COPYRIGHT VIOLATION WARNING: This piece of content was posted by TrueBlueTribune and is the sole property of of TrueBlueTribune. It improved, as 74 investors sold WHR shares while 186 reduced holdings. 77 funds opened positions while 186 raised stakes.

    Steady Movements: Parker-Hannifin Corporation (PH)

    Citigroup downgraded the stock to "Neutral" rating in Tuesday, October 20 report. (NYSE:AMP)'s stock has performed 42.28%. Perhaps, that suggests something about why 82.08% of the outstanding share supply is held by institutional investors.

    Russell Investments Group Ltd. Acquires 710 Shares of IPG Photonics Corporation (IPGP)

    The value of the total investment in IPG Photonics Corporation went from $208,000 to $263,000 increasing 26.4% quarter to quarter. It worsened, as 20 investors sold IPGP shares while 106 reduced holdings. 53 funds opened positions while 136 raised stakes.
  • Yellen defends bank regulations passed after 2008 crisis — Business briefing

    Yellen defends bank regulations passed after 2008 crisis — Business briefing

    Yellen steered clear of monetary policy comments in her speech, instead laying out a measured, footnoted philosophy on regulation. Draghi didn't address the financial health of the eurozone, which includes the 19 nations that share the euro currency.

    Beacon Financial Group Sells 42 Shares of Becton, Dickinson and Company (BDX)

    Envestnet Asset Management Inc increased Centurylink Inc (NYSE:CTL) stake by 84,522 shares to 149,216 valued at $3.55M in 2016Q4. Guardian Life Insurance Co. of America increased its position in shares of Becton, Dickinson and by 0.7% in the first quarter.

    Bikers for Trump on duty in Phoenix

    Trump met Friday at Camp David with his national security team and said afterward that a decision had been reached. Instead, Trump bemoaned that the Senate was only "one vote away" from passing a health care overhaul.
  • Cohen & Steers Inc (CNS) Insider Sells $266124.00 in Stock

    Maryland Capital Management increased Abbvie Inc (NYSE:ABBV) stake by 7,935 shares to 56,140 valued at $3.52 million in 2016Q4. Its down 0.17, from 1.24 in 2016Q3. 41 funds opened positions while 86 raised stakes. 45,000 were reported by Ci Invests Inc.
    Estee Lauder Companies, Inc. (T (NYSE:EL) Experiences Heavy Trading Volume

    Estee Lauder Companies, Inc. (T (NYSE:EL) Experiences Heavy Trading Volume

    It also upped Anheuserbuschinbevsa/Nvsponadr (NYSE:BUD) stake by 509,436 shares and now owns 1.55 million shares. The stock of TrovaGene Inc (NASDAQ:TROV) earned "Market Perform" rating by Avondale on Tuesday, March 29.
    A Cool, Dry Day With Some Sunshine

    A Cool, Dry Day With Some Sunshine

    Lows will be in the lower 70s with northeast winds around 10 miles per hour with a 40 percent chance of rain. Temperatures will reach highs in the 80s throughout the week, with heat indexes in the high 80s to mid 90s.