As Comcast Corp New (CMCSA) Shares Declined, Shareholder Ibis Capital Partners Llp Decreased Stake by $4.59 Million

April 20, 2018 - By Joseph March

Comcast Corporation (NASDAQ:CMCSA) Corporate LogoDuring 2017 Q4 the big money sentiment decreased to 0.93. That’s change of 0.10, from 2017Q3’s 1.03. 75 investors sold all, 544 reduced holdings as CMCSA ratio dived. 455 grew positions while 122 funds took positions. Funds hold 3.66 billion shares thus 0.28% more from 2017Q3’s 3.65 billion shares. Tudor Inv Et Al holds 0.01% of its capital in Comcast Corporation (NASDAQ:CMCSA) for 5,951 shs. Associated Banc reported 0.81% of its capital in Comcast Corporation (NASDAQ:CMCSA). Cleararc Capital reported 118,788 shs. Oregon Pub Employees Retirement Fund stated it has 0.86% in Comcast Corporation (NASDAQ:CMCSA). Tsp Capital Mgmt Gru Limited Liability Com invested 2.57% of its capital in Comcast Corporation (NASDAQ:CMCSA). Taurus Asset Limited Liability Corporation accumulated 0.24% or 40,173 shs. 27,746 are owned by Archford Strategies Limited Liability Co. Drexel Morgan & holds 5,210 shs. Trustco Retail Bank N Y accumulated 5,800 shs or 0.24% of the stock. Captrust Advsrs reported 205,168 shs stake. Veritable Limited Partnership holds 0.33% of its capital in Comcast Corporation (NASDAQ:CMCSA) for 415,846 shs. Clark Capital Management Group holds 1.29% or 1.05M shs in its capital. 16,358 were reported by Burke & Herbert National Bank & Trust & Tru. Architects Inc accumulated 0.14% or 21,096 shs. Asset Management has 429,112 shs.

CMCSA registered $62.55 million net activity with 0 insider purchases and 10 selling transactions since December 14, 2017. Murdock Daniel C. sold $67,320 worth of Comcast Corporation (NASDAQ:CMCSA) on Friday, March 16. ROBERTS BRIAN L also sold $25.24M worth of Comcast Corporation (NASDAQ:CMCSA) shs. BURKE STEPHEN B had sold 190,756 shs worth $8.11M. WATSON DAVID N had sold 131,447 shs worth $4.84 million.

Based on the latest 2017Q4 regulatory filing with the SEC, David Forster reduced its holdings in Comcast Corp New (CMCSA) by 35.9%. The company’s stock sank 19.10% while Ibis Capital Partners Llp sold 114,698 shares. At the end of 2017Q4, the hedge fund run by David Forster held 204,788 shares of the television services company, valued at $8.20 million, down from 319,486 at the end of the previous reported quarter. For a total of shares it increased its holding in by shares in the quarter, and has risen its stake in .

Analysts await Comcast Corporation (NASDAQ:CMCSA) to report earnings on April, 25 before the open. They expect $0.59 EPS, up 11.32 % or $0.06 from last year’s $0.53 per share. CMCSA’s profit will be $2.74B for 14.19 P/E if the $0.59 EPS becomes a reality. After $0.49 actual EPS reported by Comcast Corporation for the previous quarter, Wall Street now forecasts 20.41 % EPS growth.

Comcast Corporation (NASDAQ:CMCSA) Ratings Coverage

In total 16 analysts cover Comcast (NASDAQ:CMCSA). “Buy” rating has 12, “Sell” are 0, while 4 are “Hold”. (NASDAQ:CMCSA) has 75% bullish analysts. With $54 highest and $39 lowest [Target], Comcast has $47.50 average [Target] or 41.88% above the current ($33.48) price. 22 are the (NASDAQ:CMCSA)’s ratings reports on Apr 20, 2018 according to StockzIntelligence Inc. On Thursday, January 18 Moffett Nathanson maintained the shares of CMCSA in report with “Buy” rating. The company rating was maintained by SunTrust on Wednesday, January 24. On Monday, January 8 Buckingham Research maintained Comcast Corporation (NASDAQ:CMCSA) rating. Buckingham Research has “Buy” rating and $50.0 target. On Monday, October 23 the stock has “Buy” rating by Wells Fargo. On Friday, January 19 the firm has “Buy” rating by Scotia Capital given. On Friday, October 27 the firm has “Buy” rating by Nomura given. On Friday, January 26 the firm earned “Buy” rating by Guggenheim. On Tuesday, December 19 Guggenheim maintained the shares of CMCSA in report with “Buy” rating. In Thursday, January 25 report Robert W. Baird maintained the stock with “Buy” rating. On Friday, November 17 the firm has “Buy” rating given by Robert W. Baird.

Comcast Corporation (NASDAQ:CMCSA) Institutional Investors Chart

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