Greenlight Capital Position in General Mtrs Co (GM) Has Decreased as Market Value Declined; Donaldson Capital Management Raised Comcast New Cl A (CMCSA) Holding by $3.07 Million

June 14, 2018 - By Adrian Mccoy

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David Einhorn decreased its stake in General Mtrs Co (GM) by 12.56% based on its latest 2018Q1 regulatory filing with the SEC. Greenlight Capital Inc sold 3.25M shares as the company’s stock declined 7.80% with the market. The hedge fund run by David Einhorn held 22.61 million shares of the auto manufacturing company at the end of 2018Q1, valued at $821.81M, down from 25.86 million at the end of the previous reported quarter. Greenlight Capital Inc who had been investing in General Mtrs Co for a number of months, seems to be less bullish one the $61.26 billion market cap company. The stock decreased 2.22% or $0.985 during the last trading session, reaching $43.465. About 6.69M shares traded. General Motors Company (NYSE:GM) has risen 17.48% since June 14, 2017 and is uptrending. It has outperformed by 4.91% the S&P500. Some Historical GM News: 02/04/2018 – GM KOREA MARCH DOMESTIC SALES DOWN 58 PCT Y/Y; 18/04/2018 – Cadillac Chief Leaves GM, Citing `Philosophical Differences’; 07/03/2018 – GM SAYS TO INCREASE PRODUCTION OF CHEVROLET BOLT EV; 27/03/2018 – GM’S CADILLAC EXPECTING TO SET GLOBAL SALES RECORD IN 2018; 17/04/2018 – Yahoo! Finance: Exclusive: South Korea’s KDB, GM Korea may sign preliminary funding deal by April 27; 26/04/2018 – GM AGREES TO COMMIT TO S.KOREA IN AT LEAST TEN YEARS, KDB TO GAIN VETO RIGHT TO BLOCK GM’S EXIT FROM S.KOREA – S.KOREA GOVT; 19/03/2018 – GENERAL MOTORS CO – MARIO SPANGENBERG, CURRENTLY PRESIDENT AND MANAGING DIRECTOR OF GM AFRICA AND MIDDLE EAST OPERATIONS, HAS ELECTED TO RETIRE JULY 1; 12/04/2018 – GM Korea Future Hangs by a Thread as 16-Year Foray Risks Folding; 19/03/2018 – GENERAL MOTORS CO – JOHN ROTH, NAMED PRESIDENT AND MANAGING DIRECTOR OF GM AFRICA AND MIDDLE EAST OPERATIONS, EFFECTIVE JUNE 1; 25/04/2018 – FOCUS-GM banks on Chinese vehicle family to boost Brazil sales

Donaldson Capital Management Llc increased its stake in Comcast Corp New Cl A (CMCSA) by 1340.86% based on its latest 2018Q1 regulatory filing with the SEC. Donaldson Capital Management Llc bought 90,347 shares as the company’s stock declined 19.78% with the market. The institutional investor held 97,085 shares of the television services company at the end of 2018Q1, valued at $3.32M, up from 6,738 at the end of the previous reported quarter. Donaldson Capital Management Llc who had been investing in Comcast Corp New Cl A for a number of months, seems to be bullish on the $155.51 billion market cap company. The stock increased 4.56% or $1.475 during the last trading session, reaching $33.795. About 30.95M shares traded or 13.73% up from the average. Comcast Corporation (NASDAQ:CMCSA) has declined 21.29% since June 14, 2017 and is downtrending. It has underperformed by 33.86% the S&P500. Some Historical CMCSA News: 21/05/2018 – Comcast Clears U.K. Public Interest Hurdle in Bid for Sky (Video); 13/04/2018 – COMCAST & NETFLIX EXPAND PARTNERSHIP; 11/05/2018 – Fiduciary Management Adds Smith & Nephew, Cuts Comcast: 13F; 24/04/2018 – NBCUniversal Names Phil Tahtakran Head of NBCUniversal Federal Government Affairs, Promotes Margaret Tobey to Senior Vice President, Regulatory Affairs; 05/03/2018 FRIES: COMCAST BID FOR SKY A TACTICAL MOVE; 25/04/2018 – Comcast Anticipates Acquisition to Complete Before End 2018; 24/05/2018 – MOODY’S: COMCAST’S A3 DEBT RATINGS ON REVIEW FOR DOWNGRADE; 20/04/2018 – COMCAST – CHARTER TO INITIALLY FUND JV TO REFLECT CERTAIN COSTS CO HAS ALREADY MADE & THEREAFTER, PARTNERS WILL EQUALLY FUND OPS OF PARTNERSHIP; 25/04/2018 – Comcast to Increase Internet Speeds for Some Video Customers in Oregon/SW Washington; 25/04/2018 – COMCAST: CASH CONSIDERATION FOR SKY IMPLIES £22.0B VALUE

More notable recent General Motors Company (NYSE:GM) news were published by: Seekingalpha.com which released: “GM plans even bigger EV push in China” on June 05, 2018, also Seekingalpha.com with their article: “General Motors names new CFO” published on June 13, 2018, Seekingalpha.com published: “GM +10% as dreamy AV talk turns commercial” on May 31, 2018. More interesting news about General Motors Company (NYSE:GM) were released by: Investorplace.com and their article: “Crank up This General Motors Company Opportunity” published on June 13, 2018 as well as Fool.com‘s news article titled: “Why Toyota Just Made a Billion-Dollar Bet on Ride-Hailing” with publication date: June 14, 2018.

Investors sentiment increased to 1.01 in 2018 Q1. Its up 0.11, from 0.9 in 2017Q4. It improved, as 77 investors sold GM shares while 292 reduced holdings. 90 funds opened positions while 284 raised stakes. 995.41 million shares or 0.40% less from 999.45 million shares in 2017Q4 were reported. 29,604 are held by Horizon Kinetics Lc. Washington Tru Com reported 0.44% stake. Virginia Retirement Et Al has 593,900 shares. Estabrook Mngmt holds 0% or 1,565 shares. 12,581 are held by Franklin Street Nc. Aviance Capital Management Limited Liability Corp stated it has 0.01% of its portfolio in General Motors Company (NYSE:GM). Renaissance Technology Ltd accumulated 2.63M shares. Comm Fincl Bank owns 40,857 shares. Retail Bank Of The West has 0.5% invested in General Motors Company (NYSE:GM) for 108,924 shares. Ami Invest Management reported 32,882 shares. Eagle Asset Incorporated invested 0.01% of its portfolio in General Motors Company (NYSE:GM). 12,784 are owned by Washington Trust Bank. Columbia Asset Mngmt holds 84,051 shares. Pub Employees Retirement Association Of Colorado, Colorado-based fund reported 232,349 shares. Meritage Portfolio Mngmt reported 61,920 shares stake.

Among 30 analysts covering General Motors Company (NYSE:GM), 19 have Buy rating, 3 Sell and 8 Hold. Therefore 63% are positive. General Motors Company had 99 analyst reports since July 24, 2015 according to SRatingsIntel. The rating was initiated by Piper Jaffray on Friday, June 10 with “Overweight”. The stock of General Motors Company (NYSE:GM) has “Neutral” rating given on Monday, September 21 by Deutsche Bank. The company was upgraded on Monday, September 19 by Morgan Stanley. RBC Capital Markets maintained the shares of GM in report on Thursday, October 5 with “Sector Perform” rating. Jefferies initiated it with “Hold” rating and $33 target in Tuesday, August 9 report. Berenberg initiated General Motors Company (NYSE:GM) on Tuesday, November 22 with “Sell” rating. The company was maintained on Wednesday, February 7 by Bank of America. The rating was maintained by Guggenheim with “Buy” on Thursday, April 19. The stock of General Motors Company (NYSE:GM) earned “Buy” rating by Citigroup on Monday, October 2. The rating was maintained by S&P Research on Friday, September 18 with “Strong Buy”.

Analysts await General Motors Company (NYSE:GM) to report earnings on July, 24. They expect $1.87 EPS, down 1.06% or $0.02 from last year’s $1.89 per share. GM’s profit will be $2.64B for 5.81 P/E if the $1.87 EPS becomes a reality. After $1.43 actual EPS reported by General Motors Company for the previous quarter, Wall Street now forecasts 30.77% EPS growth.

More notable recent Comcast Corporation (NASDAQ:CMCSA) news were published by: Seekingalpha.com which released: “Comcast Corp (CMCSA) CEO Brian Roberts Hosts Annual Meeting of Shareholders (Transcript)” on June 11, 2018, also Benzinga.com with their article: “Justify Makes Run for Triple Crown Immortality at Belmont” published on June 09, 2018, Nasdaq.com published: “3 Reasons Disney Should Just Walk Away” on June 14, 2018. More interesting news about Comcast Corporation (NASDAQ:CMCSA) were released by: Nasdaq.com and their article: “How Media Stocks Will Be Affected By the AT&T-Time Warner Deal” published on June 14, 2018 as well as Nasdaq.com‘s news article titled: “3 Stocks for Warren Buffett Fans” with publication date: June 13, 2018.

Since December 18, 2017, it had 0 insider buys, and 10 sales for $40.01 million activity. WATSON DAVID N sold 131,447 shares worth $4.84M. 190,756 shares valued at $8.11M were sold by BURKE STEPHEN B on Friday, January 26. Shares for $25.24M were sold by ROBERTS BRIAN L. Another trade for 1,891 shares valued at $67,320 was made by Murdock Daniel C. on Friday, March 16.

Investors sentiment increased to 0.99 in Q1 2018. Its up 0.06, from 0.93 in 2017Q4. It improved, as 100 investors sold CMCSA shares while 496 reduced holdings. 111 funds opened positions while 481 raised stakes. 3.67 billion shares or 0.21% more from 3.66 billion shares in 2017Q4 were reported. Daiwa Secs Gp holds 0.07% or 271,963 shares in its portfolio. Markel holds 0.14% of its portfolio in Comcast Corporation (NASDAQ:CMCSA) for 211,000 shares. Amica Mutual Ins, Rhode Island-based fund reported 148,761 shares. Gabelli Funds Limited Liability Corporation holds 0.33% or 1.63M shares in its portfolio. Btim holds 2.20 million shares. Invesco Limited invested in 57.40M shares. Van Strum Towne holds 0.21% of its portfolio in Comcast Corporation (NASDAQ:CMCSA) for 8,558 shares. Trexquant Inv LP has 74,486 shares. Nbt Natl Bank N A Ny reported 0.12% of its portfolio in Comcast Corporation (NASDAQ:CMCSA). 177,236 are held by Patriot Wealth Management Inc. Tpg Group Inc (Sbs) reported 0.03% of its portfolio in Comcast Corporation (NASDAQ:CMCSA). D E Shaw Com Inc has 5.43M shares. 16.94 million were accumulated by Deutsche Savings Bank Ag. Putnam Fl Investment reported 1.53% of its portfolio in Comcast Corporation (NASDAQ:CMCSA). Moreover, Optimum Investment Advsrs has 0.07% invested in Comcast Corporation (NASDAQ:CMCSA) for 7,265 shares.

General Motors Company (NYSE:GM) Institutional Positions Chart

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