American Intl Group Com New (AIG) Shareholder Towercrest Capital Management Has Raised Its Position by $1.06 Million as Stock Declined; New Jersey Better Educational Savings Trust Has Lifted Its Stake in Comcast New (CMCSA) as Market Valuation Declined

June 20, 2018 - By Linda Rogers

American International Group, Inc. (NYSE:AIG) Logo

New Jersey Better Educational Savings Trust increased its stake in Comcast Corp New (CMCSA) by 100% based on its latest 2018Q1 regulatory filing with the SEC. New Jersey Better Educational Savings Trust bought 10,000 shares as the company’s stock declined 19.78% with the market. The institutional investor held 20,000 shares of the television services company at the end of 2018Q1, valued at $683,000, up from 10,000 at the end of the previous reported quarter. New Jersey Better Educational Savings Trust who had been investing in Comcast Corp New for a number of months, seems to be bullish on the $150.98B market cap company. The stock increased 0.71% or $0.23 during the last trading session, reaching $32.81. About 27.73M shares traded or 0.46% up from the average. Comcast Corporation (NASDAQ:CMCSA) has declined 21.29% since June 20, 2017 and is downtrending. It has underperformed by 33.86% the S&P500. Some Historical CMCSA News: 25/04/2018 – COMCAST 1Q REV. $22.8B, EST. $22.74B; 03/04/2018 – Matthew Keys: NBC News citing sources: Female shooter involved in YouTube HQ incident is dead; 26/04/2018 – WJHG-TV: BREAKING: NBC News is reporting Bill Cosby has been found guilty of sexual assault in his retrial. More details to…; 03/05/2018 – SEMTECH REPORTS ACCELERATED VESTING OF COMCAST WARRANT; 04/04/2018 – Charter, Comcast, Cox to Sell Unified Advertising Solutions; 08/05/2018 – EU antitrust regulators to rule on Comcast, sky deal by June 15; 23/05/2018 – COMCAST WORK TO FINANCE ALL-CASH OFFER WELL ADVANCED; 02/04/2018 – Comcast NBCUniversal to Livestream Coverage Commemorating 50th Anniversary of MLK’s Assassination and Legacy; 25/04/2018 – Comcast Corp Announces a Firm Superior Cash Offer for Sky Plc; 08/05/2018 – CNN Money: PACIFIC: The Disney-Comcast War Gets Hot

Towercrest Capital Management increased its stake in American Intl Group Inc Com New (AIG) by 14.42% based on its latest 2018Q1 regulatory filing with the SEC. Towercrest Capital Management bought 19,630 shares as the company’s stock declined 9.68% with the market. The institutional investor held 155,714 shares of the finance company at the end of 2018Q1, valued at $8.47 million, up from 136,084 at the end of the previous reported quarter. Towercrest Capital Management who had been investing in American Intl Group Inc Com New for a number of months, seems to be bullish on the $49.82 billion market cap company. The stock decreased 0.09% or $0.05 during the last trading session, reaching $55.5. About 5.32 million shares traded. American International Group, Inc. (NYSE:AIG) has declined 15.56% since June 20, 2017 and is downtrending. It has underperformed by 28.13% the S&P500. Some Historical AIG News: 21/05/2018 – Insurers cash in on new European data privacy rules; 02/05/2018 – AIG 1Q Net Investment Income From Insurance Companies Fell 9% to $3.3 Billion; 29/05/2018 – AIG Expands Presence in Pension Risk Transfer Market; 09/05/2018 – AIG – SHAREHOLDERS ALSO VOTED TO SUPPORT EACH OF TWO PROPOSALS RECOMMENDED BY AIG BOARD; 14/05/2018 – AIG Names Mark D. Lyons as Senior Vice Pres & Chief Actuary, General Insurance; 19/04/2018 – DJ American International Group Inc, Inst Holders, 1Q 2018 (AIG); 02/05/2018 – AIG Had About $2 Billion Remaining Under Share Repurchase Authorization as of May 2; 15/05/2018 – CARL ICAHN DISSOLVES SHARE STAKE IN AIG – SEC FILING; 30/05/2018 – EU mergers and takeovers (May 30); 02/05/2018 – AIG 1Q Life and Retirement Premiums & Fees $1.18 Billion

Among 33 analysts covering Comcast Corporation (NASDAQ:CMCSA), 24 have Buy rating, 1 Sell and 8 Hold. Therefore 73% are positive. Comcast Corporation has $95 highest and $8 lowest target. $51.04’s average target is 55.56% above currents $32.81 stock price. Comcast Corporation had 86 analyst reports since July 27, 2015 according to SRatingsIntel. The firm earned “Sector Weight” rating on Friday, January 27 by Pacific Crest. The rating was maintained by RBC Capital Markets on Thursday, February 4 with “Outperform”. The rating was maintained by RBC Capital Markets on Tuesday, January 31 with “Outperform”. As per Wednesday, September 16, the company rating was maintained by Wunderlich. UBS maintained the shares of CMCSA in report on Thursday, March 22 with “Buy” rating. Guggenheim maintained the shares of CMCSA in report on Friday, January 26 with “Buy” rating. The stock of Comcast Corporation (NASDAQ:CMCSA) earned “Outperform” rating by RBC Capital Markets on Monday, July 27. KeyBanc Capital Markets initiated it with “Buy” rating and $3800 target in Wednesday, May 16 report. The stock of Comcast Corporation (NASDAQ:CMCSA) earned “Neutral” rating by Macquarie Research on Wednesday, February 28. The stock of Comcast Corporation (NASDAQ:CMCSA) earned “Neutral” rating by Macquarie Research on Monday, January 4.

Since January 26, 2018, it had 0 insider purchases, and 10 sales for $39.84 million activity. Another trade for 131,447 shares valued at $4.84M was made by WATSON DAVID N on Tuesday, March 6. Murdock Daniel C. sold $67,320 worth of Comcast Corporation (NASDAQ:CMCSA) on Friday, March 16. $8.11 million worth of Comcast Corporation (NASDAQ:CMCSA) was sold by BURKE STEPHEN B on Friday, January 26. ROBERTS BRIAN L sold $25.24 million worth of stock or 691,105 shares.

New Jersey Better Educational Savings Trust, which manages about $89.98M US Long portfolio, decreased its stake in Nextera Energy Inc (NYSE:NEE) by 2,000 shares to 3,000 shares, valued at $490,000 in 2018Q1, according to the filing. It also reduced its holding in Jpmorgan Chase & Co (NYSE:JPM) by 3,000 shares in the quarter, leaving it with 21,000 shares, and cut its stake in Alphabet Inc.

Investors sentiment increased to 0.99 in 2018 Q1. 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. Pggm Invs has 0.92% invested in Comcast Corporation (NASDAQ:CMCSA) for 4.76 million shares. Private Cap Advsr has 2.23% invested in Comcast Corporation (NASDAQ:CMCSA) for 196,044 shares. Bancshares Of Hawaii has 30,241 shares. Bradley Foster Sargent Ct accumulated 795,765 shares. Pettyjohn Wood And White Inc invested in 1% or 80,682 shares. Central Bancorp And Co owns 15,165 shares. Suntrust Banks Incorporated owns 0.32% invested in Comcast Corporation (NASDAQ:CMCSA) for 1.40M shares. The Vermont-based Trust Of Vermont has invested 0.36% in Comcast Corporation (NASDAQ:CMCSA). Novare Cap Mngmt Ltd stated it has 188,103 shares or 1.13% of all its holdings. Citadel Advsr Limited Liability Com accumulated 1.51 million shares. Park West Asset Management Ltd holds 325,000 shares or 0.49% of its portfolio. Legg Mason Asset Mgmt (Japan) Ltd, Japan-based fund reported 15,200 shares. Axa has 0.26% invested in Comcast Corporation (NASDAQ:CMCSA). Captrust Financial reported 0.44% in Comcast Corporation (NASDAQ:CMCSA). The Texas-based Tpg (Sbs) Advisors Incorporated has invested 0.03% in Comcast Corporation (NASDAQ:CMCSA).

More notable recent Comcast Corporation (NASDAQ:CMCSA) news were published by: Seekingalpha.com which released: “Comcast: What Price Diversification?” on June 16, 2018, also Seekingalpha.com with their article: “Netflix takes crown of media world” published on May 25, 2018, Seekingalpha.com published: “Comcast: Here To Stay, Diversified Or Not” on June 05, 2018. More interesting news about Comcast Corporation (NASDAQ:CMCSA) were released by: Nasdaq.com and their article: “Confidently Rush into Comcast Corporation — Fears Are Overblown” published on June 14, 2018 as well as Seekingalpha.com‘s news article titled: “Hulu CEO on Netflix content spending” with publication date: June 20, 2018.

Since February 15, 2018, it had 2 insider buys, and 2 sales for $47,270 activity. $249,879 worth of stock was bought by STEENLAND DOUGLAS M on Friday, May 4. Shares for $209,164 were sold by Macia Seraina on Friday, February 16. LEONARDI THOMAS B bought $128,875 worth of stock.

More news for American International Group, Inc. (NYSE:AIG) were recently published by: Livetradingnews.com, which released: “American International Group, Inc. (NYSE:AIG) Heffx Technical Analysis” on May 31, 2018. Livetradingnews.com‘s article titled: “Ferrari (NYSE:RACE): Insuring These Classic & Vintage Sports and Racing Cars” and published on June 18, 2018 is yet another important article.

Among 22 analysts covering American International Group (NYSE:AIG), 15 have Buy rating, 1 Sell and 6 Hold. Therefore 68% are positive. American International Group had 83 analyst reports since August 5, 2015 according to SRatingsIntel. The firm has “Mkt Perform” rating by FBR Capital given on Tuesday, May 10. Piper Jaffray maintained it with “Overweight” rating and $77 target in Tuesday, November 3 report. As per Monday, May 29, the company rating was maintained by Keefe Bruyette & Woods. S&P Research maintained the shares of AIG in report on Wednesday, August 5 with “Buy” rating. The firm earned “Neutral” rating on Friday, November 3 by Bank of America. The stock has “Market Perform” rating by William Blair on Wednesday, February 3. As per Friday, March 11, the company rating was maintained by Deutsche Bank. RBC Capital Markets maintained the shares of AIG in report on Tuesday, September 5 with “Buy” rating. The stock of American International Group, Inc. (NYSE:AIG) has “Hold” rating given on Monday, April 16 by FBR Capital. The company was maintained on Wednesday, August 5 by Citigroup.

American International Group, Inc. (NYSE:AIG) Institutional Positions Chart

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