Comcast New (CMCSA) Shares Declined While First Trust Advisors LP Lowered Holding by $2.87 Million; Jpmorgan Chase & Company Stake in Mastec (MTZ) Has Lowered as Market Valuation Declined

April 22, 2018 - By Adrian Erickson

Comcast Corporation (NASDAQ:CMCSA) Logo

First Trust Advisors Lp decreased its stake in Comcast Corp New (CMCSA) by 14.97% based on its latest 2017Q4 regulatory filing with the SEC. First Trust Advisors Lp sold 71,818 shares as the company’s stock declined 19.10% with the market. The institutional investor held 407,981 shares of the television services company at the end of 2017Q4, valued at $16.34M, down from 479,799 at the end of the previous reported quarter. First Trust Advisors Lp who had been investing in Comcast Corp New for a number of months, seems to be less bullish one the $154.24B market cap company. The stock decreased 0.81% or $0.27 during the last trading session, reaching $33.21. About 19.81M shares traded. Comcast Corporation (NASDAQ:CMCSA) has declined 11.10% since April 22, 2017 and is downtrending. It has underperformed by 22.65% the S&P500.

Jpmorgan Chase & Company decreased its stake in Mastec Inc (MTZ) by 26.53% based on its latest 2017Q4 regulatory filing with the SEC. Jpmorgan Chase & Company sold 123,654 shares as the company’s stock declined 8.56% with the market. The institutional investor held 342,468 shares of the basic industries company at the end of 2017Q4, valued at $16.76 million, down from 466,122 at the end of the previous reported quarter. Jpmorgan Chase & Company who had been investing in Mastec Inc for a number of months, seems to be less bullish one the $3.61 billion market cap company. The stock decreased 1.87% or $0.85 during the last trading session, reaching $44.55. About 984,381 shares traded or 3.64% up from the average. MasTec, Inc. (NYSE:MTZ) has risen 20.29% since April 22, 2017 and is uptrending. It has outperformed by 8.74% the S&P500.

First Trust Advisors Lp, which manages about $85.44 billion and $42.00B US Long portfolio, upped its stake in Ameriprise Finl Inc (NYSE:AMP) by 24,457 shares to 120,145 shares, valued at $20.36M in 2017Q4, according to the filing. It also increased its holding in Anadarko Pete Corp (NYSE:APC) by 69,674 shares in the quarter, for a total of 410,387 shares, and has risen its stake in Bruker Corp (NASDAQ:BRKR).

Since December 14, 2017, it had 0 insider purchases, and 11 selling transactions for $62.58 million activity. 131,447 shares valued at $4.84 million were sold by WATSON DAVID N on Tuesday, March 6. $25.24M worth of Comcast Corporation (NASDAQ:CMCSA) was sold by ROBERTS BRIAN L. BURKE STEPHEN B sold 190,756 shares worth $8.11M. $67,320 worth of Comcast Corporation (NASDAQ:CMCSA) was sold by Murdock Daniel C..

Investors sentiment decreased to 0.93 in Q4 2017. Its down 0.10, from 1.03 in 2017Q3. It dived, as 75 investors sold CMCSA shares while 544 reduced holdings. 122 funds opened positions while 455 raised stakes. 3.66 billion shares or 0.28% more from 3.65 billion shares in 2017Q3 were reported. Jpmorgan Chase And holds 57.63M shares. 10,536 were accumulated by Altavista Wealth Management Inc. Macquarie Ltd reported 1.59 million shares. Howland Capital Mngmt Limited Company accumulated 0.13% or 39,749 shares. The Georgia-based Cornercap Invest Counsel Incorporated has invested 1.06% in Comcast Corporation (NASDAQ:CMCSA). Veritas Inv Mngmt (Uk) Limited owns 7.64% invested in Comcast Corporation (NASDAQ:CMCSA) for 517,159 shares. Sterling Management Limited Liability Co owns 2.61M shares or 0.94% of their US portfolio. The New York-based Olstein Cap Mgmt LP has invested 0.97% in Comcast Corporation (NASDAQ:CMCSA). Eagle Capital Management Limited Com, New York-based fund reported 24,000 shares. Choate Inv Advisors invested in 0.12% or 56,160 shares. Strs Ohio reported 4.60M shares. Spinnaker Trust holds 0.4% in Comcast Corporation (NASDAQ:CMCSA) or 85,121 shares. Massachusetts-based Cohen Lawrence B has invested 2.2% in Comcast Corporation (NASDAQ:CMCSA). Country Bank holds 633,167 shares or 1.09% of its portfolio. Thompson Davis & Comm holds 0.05% or 560 shares in its portfolio.

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 14.07 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.

Among 32 analysts covering Comcast Corporation (NASDAQ:CMCSA), 23 have Buy rating, 1 Sell and 8 Hold. Therefore 72% are positive. Comcast Corporation had 83 analyst reports since July 27, 2015 according to SRatingsIntel. The firm has “Outperform” rating given on Monday, July 27 by RBC Capital Markets. On Wednesday, July 5 the stock rating was maintained by Macquarie Research with “Buy”. The stock has “Neutral” rating by Moffett Nathanson on Tuesday, June 20. The firm earned “Buy” rating on Monday, January 8 by Buckingham Research. The rating was maintained by Goldman Sachs on Wednesday, May 4 with “Buy”. Telsey Advisory Group maintained it with “Outperform” rating and $84 target in Tuesday, January 24 report. The firm earned “Buy” rating on Thursday, July 23 by Pivotal Research. The firm earned “Buy” rating on Thursday, January 18 by Moffett Nathanson. The firm has “Outperform” rating given on Wednesday, October 28 by RBC Capital Markets. The company was maintained on Tuesday, December 19 by Guggenheim.

Jpmorgan Chase & Company, which manages about $474.64 billion US Long portfolio, upped its stake in Strayer Ed Inc (NASDAQ:STRA) by 16,707 shares to 35,594 shares, valued at $3.19 million in 2017Q4, according to the filing. It also increased its holding in Priceline Grp Inc (Prn) by 861,000 shares in the quarter, for a total of 3.38M shares, and has risen its stake in Enersys (NYSE:ENS).

Since February 1, 2018, it had 0 insider purchases, and 4 selling transactions for $4.40 million activity. 25,000 shares valued at $1.38 million were sold by Apple Robert E on Thursday, February 1. 15,000 shares were sold by de Cardenas Alberto, worth $743,190 on Thursday, March 1.

Investors sentiment increased to 1.49 in Q4 2017. Its up 0.10, from 1.39 in 2017Q3. It improved, as 29 investors sold MTZ shares while 79 reduced holdings. 67 funds opened positions while 94 raised stakes. 63.16 million shares or 8.33% more from 58.30 million shares in 2017Q3 were reported. Nordea Investment Ab reported 53,863 shares. King Luther Capital Management Corporation accumulated 54,440 shares or 0.02% of the stock. Mckinley Capital Management Ltd Llc Delaware stated it has 0.3% of its portfolio in MasTec, Inc. (NYSE:MTZ). Aperio Gru Ltd Com, a California-based fund reported 22,642 shares. Nj State Employees Deferred Compensation Plan has 20,000 shares for 0.17% of their portfolio. Ahl Prtn Llp holds 0.01% or 11,942 shares in its portfolio. The Massachusetts-based Frontier Cap Mngmt Ltd Liability Corporation has invested 0.59% in MasTec, Inc. (NYSE:MTZ). Ack Asset Mngmt reported 400,000 shares or 4.4% of all its holdings. Wellington Management Group Llp reported 0% in MasTec, Inc. (NYSE:MTZ). Glenmede Company Na has invested 0.23% in MasTec, Inc. (NYSE:MTZ). Torch Wealth Mngmt Ltd accumulated 0.14% or 4,680 shares. Fil holds 0.05% or 391,228 shares. Clark Management Gp has 0.05% invested in MasTec, Inc. (NYSE:MTZ). Principal Gru Inc invested 0.03% of its portfolio in MasTec, Inc. (NYSE:MTZ). Wexford Cap LP has invested 1.21% of its portfolio in MasTec, Inc. (NYSE:MTZ).

MasTec, Inc. (NYSE:MTZ) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Market News

>