Comcast Cl A (CMCSA) Stock Declined While Shikiar Asset Management Lifted Stake; Toronto …



July 13, 2018 – By Jacqueline McKee

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Shikiar Asset Management Inc increased its stake in Comcast Cl A (CMCSA) by 10.58% based on its latest 2018Q1 regulatory filing with the SEC. Shikiar Asset Management Inc bought 18,795 shares as the company’s stock declined 19.78% with the market. The institutional investor held 196,395 shares of the television services company at the end of 2018Q1, valued at $6.71 million, up from 177,600 at the end of the previous reported quarter. Shikiar Asset Management Inc who had been investing in Comcast Cl A for a number of months, seems to be bullish on the $160.92B market cap company. The stock increased 1.22% or $0.42 during the last trading session, reaching $34.97. About 10.81M shares traded. Comcast Corporation (NASDAQ:CMCSA) has declined 21.29% since July 13, 2017 and is downtrending. It has underperformed by 33.86% the S&P500. Some Historical CMCSA News: 07/05/2018 – Comcast formally notifies Brussels of intention to bid for Sky; 19/05/2018 – Hollywood’s China dreams get tangled in trade talks; 08/05/2018 – Disney and Comcast could carve up Fox assets instead of getting into a bidding war; 25/04/2018 – Comcast is also diversifying into other areas including health care; 23/05/2018 – COMCAST – STRUCTURE AND TERMS OF ANY OFFER BY CO WOULD BE AT LEAST AS FAVORABLE TO FOX SHAREHOLDERS AS DISNEY OFFER; 07/05/2018 – Comcast Lines Up Financing for Possible Hostile Bid for 21st Century Fox; 03/04/2018 – FOX FOXA.O SAYS NEW COMPANY CONTAINING SKY NEWS COULD BE SOLD TO DISNEY DIS.N AS POTENTIAL REMEDY FOR UK REGULATOR’S OBJECTIONS TO SKY SKYB.L TAKEOVER; 03/05/2018 – MSNBC: EXCLUSIVE: Federal investigators have wiretapped the phone lines of Michael Cohen, sources confirm to NBC News; 07/05/2018 – Jeffrey C. McCracken: Comcast plans to make an all-cash bid for Fox if AT&T-Time Warner is approved, sources say -; 26/04/2018 – Comcast, Elliott and Takeda test government’s taste for M&A

Portland Investment Counsel Inc increased its stake in Toronto Dominion Bk Ont (TD) by 9.93% based on its latest 2018Q1 regulatory filing with the SEC. Portland Investment Counsel Inc bought 19,265 shares as the company’s stock rose 0.19% while stock markets declined. The institutional investor held 213,315 shares of the commercial banks company at the end of 2018Q1, valued at $12.11 million, up from 194,050 at the end of the previous reported quarter. Portland Investment Counsel Inc who had been investing in Toronto Dominion Bk Ont for a number of months, seems to be bullish on the $107.73 billion market cap company. The stock decreased 0.55% or $0.32 during the last trading session, reaching $57.71. About 340,738 shares traded. The Toronto-Dominion Bank (NYSE:TD) has risen 24.15% since July 13, 2017 and is uptrending. It has outperformed by 11.58% the S&P500. Some Historical TD News: 09/03/2018 – 12th Annual Power of Women Luncheon Honoring Kim Davis, National Hockey League, Ellen Patterson, TD Bank, and Margaret M. Smyth; 24/05/2018 – TORONTO-DOMINION BANK 2Q CET1 RATIO 11.8%, EST. 11.7%; 23/04/2018 – TD Bank Group: TD Ameritrade’s 2Q Earnings to Translate Into C$131 Million Reported Equity in Net Income of Investment in TD Ameritrade for FY2Q; 24/05/2018 – Toronto-Dominion 2Q Net C$2.92B; 15/03/2018 – Pymnts.com: TD Bank Expands Auto Financing Nationwide; 24/05/2018 – Toronto-Dominion 2Q Rev C$9.47B; 24/05/2018 – Toronto-Dominion 2Q U.S. Retail Net C$979M, up 16%; 05/03/2018 – TD BANK GROUP REPORTS BOOST TO NVCC PFD SHARE ISSUE; 29/03/2018 – TD Bank boss says protectionism moves troubling; 24/05/2018 – TORONTO-DOMINION BANK – QTRLY PROVISION FOR CREDIT LOSSES C$556 MLN VS VS C$500 MLN REPORTED LAST YEAR

Since January 26, 2018, it had 0 insider purchases, and 10 insider sales for $39.84 million activity. The insider WATSON DAVID N sold $4.84 million. $635,776 worth of Comcast Corporation (NASDAQ:CMCSA) was sold by BLOCK ARTHUR R. Another trade for 691,105 shares valued at $25.24 million was made by ROBERTS BRIAN L on Tuesday, March 13. BURKE STEPHEN B also sold $8.11M worth of Comcast Corporation (NASDAQ:CMCSA) on Friday, January 26.

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. Essex Svcs holds 30,610 shares or 0.21% of its portfolio. Trexquant Invest Ltd Partnership accumulated 74,486 shares. Rand Wealth Ltd Liability Com stated it has 0.58% of its portfolio in Comcast Corporation (NASDAQ:CMCSA). Spears Abacus Advisors Ltd has invested 3.02% of its portfolio in Comcast Corporation (NASDAQ:CMCSA). Univest Corporation Of Pennsylvania has 130,158 shares for 1.92% of their portfolio. California-based Nelson Roberts Invest Advisors Ltd Liability Corporation has invested 0.06% in Comcast Corporation (NASDAQ:CMCSA). Lakeview Capital Partners Ltd accumulated 0.15% or 5,912 shares. Alexandria Ltd Co owns 250,751 shares or 1.27% of their US portfolio. Institute For Wealth Lc holds 0.18% or 19,901 shares in its portfolio. Moreover, Bbva Compass Natl Bank has 0.55% invested in Comcast Corporation (NASDAQ:CMCSA). Great West Life Assurance Com Can reported 5.44M shares. Ckw Fincl Gp owns 0.04% invested in Comcast Corporation (NASDAQ:CMCSA) for 5,210 shares. Vontobel Asset Mngmt Incorporated reported 1.28M shares. Old National Bancorporation In, a Indiana-based fund reported 65,738 shares. Mitsubishi Ufj Trust & Bk Corp reported 0.58% stake.

Among 33 analysts covering Comcast Corporation (NASDAQ:CMCSA), 23 have Buy rating, 1 Sell and 9 Hold. Therefore 70% are positive. Comcast Corporation had 88 analyst reports since July 27, 2015 according to SRatingsIntel. The stock of Comcast Corporation (NASDAQ:CMCSA) earned “Buy” rating by Jefferies on Monday, December 19. Pivotal Research maintained the stock with “Buy” rating in Tuesday, September 27 report. Bank of America maintained Comcast Corporation (NASDAQ:CMCSA) rating on Thursday, January 25. Bank of America has “Buy” rating and $54 target. The rating was maintained by RBC Capital Markets on Friday, July 7 with “Buy”. As per Wednesday, August 19, the company rating was upgraded by Moffett Nathanson. The rating was maintained by Robert W. Baird with “Buy” on Wednesday, October 4. Moffett Nathanson maintained Comcast Corporation (NASDAQ:CMCSA) rating on Thursday, January 18. Moffett Nathanson has “Buy” rating and $52.0 target. Oppenheimer maintained Comcast Corporation (NASDAQ:CMCSA) on Monday, August 14 with “Buy” rating. The firm earned “Buy” rating on Wednesday, January 24 by SunTrust. The firm earned “Outperform” rating on Wednesday, October 28 by RBC Capital Markets.

Shikiar Asset Management Inc, which manages about $319.33 million and $219.69M US Long portfolio, decreased its stake in Marathon Petroleum Corp (NYSE:MPC) by 45,265 shares to 59,515 shares, valued at $4.35 million in 2018Q1, according to the filing. It also reduced its holding in Nvidia Corp (NASDAQ:NVDA) by 1,690 shares in the quarter, leaving it with 30,830 shares, and cut its stake in Coca Cola Company (NYSE:KO).

More notable recent Comcast Corporation (NASDAQ:CMCSA) news were published by: Seekingalpha.com which released: “‘Ant-Man’ sequel looms large at weekend box office” on July 09, 2018, also Seekingalpha.com with their article: “Dinosaurs, ‘Incredibles’ hold on to box office dollars” published on July 02, 2018, Bizjournals.com published: “Universal wants to improve guests’ theme park experience. Here’s how.” on July 13, 2018. More interesting news about Comcast Corporation (NASDAQ:CMCSA) were released by: Nasdaq.com and their article: “WWE Just Hit a New All-Time High: Is It Time to Sell?” published on July 12, 2018 as well as 247Wallst.com‘s news article titled: “6 Most Important Things in Business Today” with publication date: July 12, 2018.

Portland Investment Counsel Inc, which manages about $108.37 million US Long portfolio, decreased its stake in At&T Inc (NYSE:T) by 13,700 shares to 9,300 shares, valued at $332,000 in 2018Q1, according to the filing.

Among 11 analysts covering TD Bank (NYSE:TD), 6 have Buy rating, 0 Sell and 5 Hold. Therefore 55% are positive. TD Bank had 24 analyst reports since August 12, 2015 according to SRatingsIntel. The firm earned “Sector Perform” rating on Friday, August 28 by Scotia Capital. The company was maintained on Wednesday, September 14 by Citigroup. The stock of The Toronto-Dominion Bank (NYSE:TD) has “Outperform” rating given on Monday, August 31 by BMO Capital Markets. The stock of The Toronto-Dominion Bank (NYSE:TD) has “Neutral” rating given on Monday, September 21 by Credit Suisse. The stock of The Toronto-Dominion Bank (NYSE:TD) has “Outperform” rating given on Friday, September 1 by National Bank Canada. The rating was downgraded by RBC Capital Markets to “Sector Perform” on Monday, March 13. The firm earned “Equal-Weight” rating on Tuesday, May 23 by Barclays Capital. The stock of The Toronto-Dominion Bank (NYSE:TD) earned “Sector Performer” rating by IBC on Friday, August 26. The rating was upgraded by Credit Suisse to “Outperform” on Tuesday, May 3. As per Tuesday, November 1, the company rating was initiated by Bank of America.

More notable recent The Toronto-Dominion Bank (NYSE:TD) news were published by: Fool.ca which released: “Want Good Returns Without the Risk? This ETF Has Soared 26% in the Past Year” on July 12, 2018, also Bizjournals.com with their article: “Online business valuation startup signs contract with TD Bank” published on June 27, 2018, Seekingalpha.com published: “Comparing Canadian Banks/New Buy” on June 24, 2018. More interesting news about The Toronto-Dominion Bank (NYSE:TD) were released by: Fool.ca and their article: “2 Stocks to Buy Ahead of a Potential Rate Hike” published on July 10, 2018 as well as Fool.ca‘s news article titled: “Why TD Bank (TSX:TD) Stock Is an International Gem” with publication date: July 07, 2018.

Comcast Corporation (NASDAQ:CMCSA) Institutional Positions Chart

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