Comcast New (CMCSA) Holder Fragasso Group Boosted Stake; As Fiserv (FISV) Stock Price Declined, Holder Bank Of Stockton Has Increased Position

August 10, 2018 - By Kristin Houston

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Bank Of Stockton increased its stake in Fiserv Inc (FISV) by 102.33% based on its latest 2018Q1 regulatory filing with the SEC. Bank Of Stockton bought 7,454 shares as the company’s stock declined 1.25% with the market. The institutional investor held 14,738 shares of the technology company at the end of 2018Q1, valued at $1.05M, up from 7,284 at the end of the previous reported quarter. Bank Of Stockton who had been investing in Fiserv Inc for a number of months, seems to be bullish on the $31.81B market cap company. The stock decreased 0.10% or $0.08 during the last trading session, reaching $78.56. About 11,122 shares traded. Fiserv, Inc. (NASDAQ:FISV) has risen 15.27% since August 10, 2017 and is uptrending. It has outperformed by 2.70% the S&P500.

Fragasso Group Inc increased its stake in Comcast Corp New (CMCSA) by 186.94% based on its latest 2018Q1 regulatory filing with the SEC. Fragasso Group Inc bought 10,695 shares as the company’s stock declined 19.78% with the market. The institutional investor held 16,416 shares of the television services company at the end of 2018Q1, valued at $561,000, up from 5,721 at the end of the previous reported quarter. Fragasso Group Inc who had been investing in Comcast Corp New for a number of months, seems to be bullish on the $161.65 billion market cap company. The stock decreased 0.59% or $0.21 during the last trading session, reaching $35.28. About 154,579 shares traded. Comcast Corporation (NASDAQ:CMCSA) has declined 21.29% since August 10, 2017 and is downtrending. It has underperformed by 33.86% the S&P500. Some Historical CMCSA News: 30/05/2018 – Fox sets Disney deal vote for July 10; 25/04/2018 – Comcast To Establish Sky News Bd, Intends to Commit That for 10 Years; 25/04/2018 – Comcast beats on earnings, bolstered by gains in NBCUniversal; 30/05/2018 – With Potential Comcast Offer Looming, Fox Sets Date to Vote on Disney Deal; 09/05/2018 – NBC NEWS – INVESTIGATION TEAM DOES NOT BELIEVE THERE IS WIDESPREAD OR SYSTEMIC BEHAVIOUR PATTERN VIOLATING CO’S POLICY OR CULTURE OF HARASSMENT IN NEWS DIVISION; 23/05/2018 – COMCAST – STRUCTURE AND TERMS OF ANY OFFER BY CO WOULD BE AT LEAST AS FAVORABLE TO FOX SHAREHOLDERS AS DISNEY OFFER; 16/05/2018 – U.S. net neutrality bill gets enough Senate votes to advance; 25/04/2018 – Revenue for Comcast’s NBCUniversal totaled $9.53 billion, bolstered by coverage of the 2018 Winter Olympics and the Super Bowl; 20/04/2018 – COMCAST – CO, CHARTER FORMED 50/50 OPERATING PLATFORM PARTNERSHIP FOR DEVELOPMENT & DESIGN OF BACKEND SYSTEMS SUPPORTING CERTAIN OF COS’ MOBILE SERVICE; 15/05/2018 – JANA PARTNERS LLC DISSOLVES SOLE SHARE STAKE IN PANDORA MEDIA

Since March 6, 2018, it had 0 buys, and 9 insider sales for $31.73 million activity. On Tuesday, March 13 the insider ROBERTS BRIAN L sold $25.24 million. Murdock Daniel C. also sold $52,599 worth of Comcast Corporation (NASDAQ:CMCSA) shares. $4.84M worth of stock was sold by WATSON DAVID N on Tuesday, March 6.

Investors sentiment increased to 0.99 in Q1 2018. Its up 0.06, from 0.93 in 2017Q4. It increased, 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. Brandywine Invest Mgmt Ltd Llc accumulated 1.08% or 5.02M shares. 190,630 are held by Highland Ltd Liability. Moreover, Alpha Windward Lc has 0.2% invested in Comcast Corporation (NASDAQ:CMCSA). Moreover, Argent has 1.56% invested in Comcast Corporation (NASDAQ:CMCSA). Palouse Capital Mngmt reported 53,838 shares. 29,900 are owned by Seabridge Ltd Llc. Hbk Invs Limited Partnership accumulated 1.02 million shares. First Citizens National Bank & Trust & Tru has invested 0.57% in Comcast Corporation (NASDAQ:CMCSA). Advsrs Asset Mngmt owns 654,539 shares. Sequoia Financial Advsr Llc accumulated 10,503 shares. Rmb Mgmt Llc holds 0.06% or 72,565 shares in its portfolio. Capital Investors, a California-based fund reported 186.22M shares. 1.41 million were accumulated by Altrinsic Limited Liability Corp. Strategic Advsrs Ltd Liability Co reported 17,501 shares. Nwi Management Ltd Partnership holds 1.25M shares or 3.56% of its portfolio.

More notable recent Comcast Corporation (NASDAQ:CMCSA) news were published by: Bizjournals.com which released: “Comcast execs hint at queuing up hordes more visitors, attractions for Universal Orlando” on August 01, 2018, also Seekingalpha.com with their article: “Disney call: Iger talks Fox, streaming; shares trim losses” published on August 07, 2018, Seekingalpha.com published: “TiVo loses another patent battle to Comcast” on August 07, 2018. More interesting news about Comcast Corporation (NASDAQ:CMCSA) were released by: Nasdaq.com and their article: “Why Comcast, Tile Shop Holdings, and Chart Industries Jumped Today” published on July 19, 2018 as well as Nasdaq.com‘s news article titled: “Comcast Earnings Preview: Look at What They Say, Not What They Did” with publication date: July 24, 2018.

Among 34 analysts covering Comcast Corporation (NASDAQ:CMCSA), 25 have Buy rating, 1 Sell and 8 Hold. Therefore 74% are positive. Comcast Corporation had 91 analyst reports since July 27, 2015 according to SRatingsIntel. The firm earned “Sector Weight” rating on Friday, January 27 by Pacific Crest. The stock has “Overweight” rating by Atlantic Securities on Monday, August 6. Robert W. Baird maintained the stock with “Buy” rating in Friday, November 17 report. The stock of Comcast Corporation (NASDAQ:CMCSA) earned “Buy” rating by Nomura on Tuesday, December 8. Macquarie Research maintained Comcast Corporation (NASDAQ:CMCSA) on Monday, January 4 with “Neutral” rating. Guggenheim upgraded the stock to “Buy” rating in Thursday, August 3 report. On Thursday, June 7 the stock rating was initiated by Jefferies with “Buy”. The stock has “Buy” rating by Wells Fargo on Monday, October 23. Nomura downgraded the shares of CMCSA in report on Thursday, January 18 to “Hold” rating. Nomura maintained Comcast Corporation (NASDAQ:CMCSA) rating on Friday, October 27. Nomura has “Buy” rating and $42 target.

Since February 16, 2018, it had 1 buying transaction, and 7 insider sales for $19.83 million activity. DiSimone Harry bought $49,981 worth of stock. $757,493 worth of Fiserv, Inc. (NASDAQ:FISV) was sold by ROBAK KIM M on Wednesday, May 30. Shares for $1.73 million were sold by OLEARY DENIS on Friday, February 16.

Among 25 analysts covering Fiserv (NASDAQ:FISV), 10 have Buy rating, 1 Sell and 14 Hold. Therefore 40% are positive. Fiserv had 63 analyst reports since July 30, 2015 according to SRatingsIntel. The stock has “Hold” rating by Deutsche Bank on Wednesday, August 1. The stock has “Neutral” rating by Credit Suisse on Friday, December 11. The company was maintained on Friday, October 6 by RBC Capital Markets. The rating was upgraded by Guggenheim on Monday, July 17 to “Buy”. The rating was maintained by Citigroup with “Neutral” on Thursday, August 2. The rating was maintained by Cowen & Co with “Hold” on Wednesday, October 11. Jefferies maintained Fiserv, Inc. (NASDAQ:FISV) on Wednesday, October 11 with “Buy” rating. Cantor Fitzgerald maintained the stock with “Hold” rating in Tuesday, June 20 report. The firm has “Buy” rating given on Friday, February 9 by SunTrust. The firm has “Sell” rating given on Friday, April 15 by Compass Point.

Bank Of Stockton, which manages about $239.11M US Long portfolio, decreased its stake in Ishares: S&P Smallcap 600 Index (IJR) by 4,129 shares to 231,960 shares, valued at $17.86 million in 2018Q1, according to the filing. It also reduced its holding in Guggenheim S&P 500 Pure Value (RPV) by 4,815 shares in the quarter, leaving it with 218,030 shares, and cut its stake in Ishares: Cohen & Steers Reit (ICF).

More recent Fiserv, Inc. (NASDAQ:FISV) news were published by: Seekingalpha.com which released: “Fiserv, Inc. 2018 Q2 – Results – Earnings Call Slides” on July 31, 2018. Also Seekingalpha.com published the news titled: “Fiserv (FISV) Q2 2018 Results – Earnings Call Transcript” on August 01, 2018. Seekingalpha.com‘s news article titled: “Fiserv: An Undervalued Fintech Investment” with publication date: August 09, 2018 was also an interesting one.

Comcast Corporation (NASDAQ:CMCSA) Institutional Positions Chart

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