Palisade Capital Management Lowered At&T (T) Holding; Connor Clark & Lunn Investment Management LTD Has Trimmed By $14.10 Million Its Comcast Corp. Class A (CMCSA) Holding

August 12, 2018 - By Lisa Delgado

Comcast Corporation (NASDAQ:CMCSA) Logo

Connor Clark & Lunn Investment Management Ltd decreased Comcast Corp. Class A (CMCSA) stake by 65.55% reported in 2018Q1 SEC filing. Connor Clark & Lunn Investment Management Ltd sold 414,800 shares as Comcast Corp. Class A (CMCSA)’s stock declined 19.78%. The Connor Clark & Lunn Investment Management Ltd holds 218,000 shares with $7.45M value, down from 632,800 last quarter. Comcast Corp. Class A now has $160.73B valuation. The stock decreased 1.16% or $0.41 during the last trading session, reaching $35.08. About 9.19M shares traded. Comcast Corporation (NASDAQ:CMCSA) has declined 21.29% since August 12, 2017 and is downtrending. It has underperformed by 33.86% the S&P500. Some Historical CMCSA News: 08/05/2018 – COMCAST – ALSO INTENDING TO GIVE CERTAIN LEGALLY BINDING COMMITMENTS BY WAY OF DEED POLL; 25/04/2018 – COMCAST HAS NO MEDIA PLURALITY CONCERNS OVER SKY: ROBERTS; 15/05/2018 – Invesco Adds Aptiv, Exits Golar LNG Partners, Cuts Comcast: 13F; 25/04/2018 – Comcast 1Q Adj EPS 62c; 19/04/2018 – City Year Joins Comcast NBCUniversal to Bring 17th Annual Comcast Cares Day to Life; 25/04/2018 – Comcast is shifting focus to its high-speed internet and filmmaking businesses as cord-cutting weighs on its legacy cable division; 08/05/2018 – ♫ Reuters Insider – Disney revenue up on ‘Black Panther’; 03/04/2018 – Comcast Expands Its Gigabit Internet Service Across Florida; 15/05/2018 – Highfields Adds Aetna, Exits Amazon, Buys More Comcast: 13F; 25/04/2018 – Dealbook: Comcast Starts Bidding War With 21st Century Fox for Sky

Palisade Capital Management Llc decreased At&T Inc (T) stake by 91.08% reported in 2018Q1 SEC filing. Palisade Capital Management Llc sold 102,490 shares as At&T Inc (T)’s stock declined 13.21%. The Palisade Capital Management Llc holds 10,035 shares with $358,000 value, down from 112,525 last quarter. At&T Inc now has $234.27B valuation. The stock decreased 0.71% or $0.23 during the last trading session, reaching $32.26. About 21.48 million shares traded. AT&T Inc. (NYSE:T) has declined 14.96% since August 12, 2017 and is downtrending. It has underperformed by 27.53% the S&P500. Some Historical T News: 15/03/2018 – HOUBizJournal: Exclusive: Storied AT&T parcel near River Oaks hits the market; 29/03/2018 – AT&T INC – EXCHANGE OFFER SETTLEMENT DATE WILL BE PROMPTLY FOLLOWING EXCHANGE OFFER EXPIRATION DATE AND IS EXPECTED TO BE APRIL 10, 2018; 25/04/2018 – AT&T INC – QTRLY U.S. WIRELESS POSTPAID PHONE CHURN OF 0.84 PCT; 16/05/2018 – AT&T Powers Complete Networking for Revisn; 18/05/2018 – FOX Illinois: #BREAKING: Armed robbery in progress at AT&T in Springfield. More to come; 17/04/2018 – AT&T SAYS HOPEFUL AUCTION RULES FOR 37, 39 GHZ AVAILABLE SOON; 11/05/2018 – AT&T Memo Reportedly Says Hiring Michael Cohen Was ‘big Mistake,’ Announces Lobbyist Exit — MarketWatch; 07/03/2018 – VRIO CORP SAYS PROPOSED IPO PRICE IS AN ESTIMATE SOLELY FOR CALCULATING SEC REGISTRATION FEE; 14/05/2018 – Democratic senators demand answers from AT&T and Novartis about payments to Trump lawyer Cohen’s company; 10/04/2018 – TAIWAN’S ASE 2311.TW SAYS MARCH SALES AT T$22.37 BLN

Connor Clark & Lunn Investment Management Ltd increased Gain Capital Holdings Inc (NYSE:GCAP) stake by 258,900 shares to 370,000 valued at $2.50 million in 2018Q1. It also upped Medtronic Plc (NYSE:MDT) stake by 48,250 shares and now owns 184,502 shares. Supervalu Inc. was raised too.

Since March 6, 2018, it had 0 insider purchases, and 9 selling transactions for $31.73 million activity. Murdock Daniel C. sold 916 shares worth $30,411. 16,025 shares valued at $540,052 were sold by BLOCK ARTHUR R on Monday, March 26. $25.24M worth of Comcast Corporation (NASDAQ:CMCSA) shares were sold by ROBERTS BRIAN L. WATSON DAVID N sold $4.84 million worth of stock.

More notable recent Comcast Corporation (NASDAQ:CMCSA) news were published by: Seekingalpha.com which released: “TiVo loses another patent battle to Comcast” on August 07, 2018, also Nasdaq.com with their article: “The Walt Disney Company Has Become the New Battlefield Stock” published on August 11, 2018, Nasdaq.com published: “3 Reasons Comcast Stock Can Still Surge Another 20%” on August 06, 2018. More interesting news about Comcast Corporation (NASDAQ:CMCSA) were released by: Bizjournals.com and their article: “Comcast sees room for more Universal Orlando hotel growth” published on July 31, 2018 as well as Bizjournals.com‘s news article titled: “Comcast execs hint at queuing up hordes more visitors, attractions for Universal Orlando” with publication date: August 01, 2018.

Investors sentiment increased to 0.99 in 2018 Q1. 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. 26,368 were reported by Park Avenue Secs Ltd Liability Corporation. First American State Bank stated it has 146,650 shares. Cap Fund Mngmt holds 0.26% or 1.27M shares. Intrust Bancorporation Na reported 68,158 shares or 0.67% of all its holdings. Sterling Invest holds 85,442 shares or 2.36% of its portfolio. Laurel Grove Limited Liability Co has invested 0.85% in Comcast Corporation (NASDAQ:CMCSA). Quantitative Inv Ltd Limited Liability Company reported 265,900 shares. Tctc Holdg Ltd Liability Corp holds 0.6% in Comcast Corporation (NASDAQ:CMCSA) or 330,040 shares. Neville Rodie Shaw stated it has 0.06% in Comcast Corporation (NASDAQ:CMCSA). Granite Investment Ptnrs Ltd Com stated it has 8,620 shares or 0.02% of all its holdings. Personal Capital Advsrs Corp accumulated 979,974 shares. Allen Investment Ltd Limited Liability Company has 3.39M shares. Cna Corporation reported 317,000 shares stake. Cwh Mgmt reported 2.87% in Comcast Corporation (NASDAQ:CMCSA). Mariner Limited Liability Com accumulated 0.1% or 85,708 shares.

Analysts await Comcast Corporation (NASDAQ:CMCSA) to report earnings on October, 25. They expect $0.63 earnings per share, up 21.15% or $0.11 from last year’s $0.52 per share. CMCSA’s profit will be $2.89B for 13.92 P/E if the $0.63 EPS becomes a reality. After $0.65 actual earnings per share reported by Comcast Corporation for the previous quarter, Wall Street now forecasts -3.08% negative EPS growth.

Among 11 analysts covering Comcast (NASDAQ:CMCSA), 8 have Buy rating, 0 Sell and 3 Hold. Therefore 73% are positive. Comcast had 12 analyst reports since February 28, 2018 according to SRatingsIntel. The stock of Comcast Corporation (NASDAQ:CMCSA) has “Buy” rating given on Thursday, June 7 by Jefferies. The firm earned “Buy” rating on Wednesday, May 16 by KeyBanc Capital Markets. UBS maintained it with “Buy” rating and $47 target in Thursday, March 22 report. Raymond James upgraded the shares of CMCSA in report on Thursday, July 19 to “Outperform” rating. The rating was maintained by Robert W. Baird on Monday, July 30 with “Outperform”. Pivotal Research maintained the stock with “Buy” rating in Tuesday, June 26 report. The firm has “Neutral” rating given on Wednesday, February 28 by Macquarie Research. The firm earned “Market Perform” rating on Wednesday, June 13 by Raymond James. On Friday, April 20 the stock rating was maintained by Scotia Capital with “Buy”. The firm has “Overweight” rating given on Monday, August 6 by Atlantic Securities.

More notable recent AT&T Inc. (NYSE:T) news were published by: Seekingalpha.com which released: “AT&T: The Good, The Bad And The Ugly” on August 07, 2018, also Seekingalpha.com with their article: “AT&T: Let’s See If Lightening Strikes Twice” published on August 11, 2018, Seekingalpha.com published: “Dividend Champion Spotlight: AT&T Inc.” on August 02, 2018. More interesting news about AT&T Inc. (NYSE:T) were released by: Seekingalpha.com and their article: “No Trouble At Ma Bell” published on August 06, 2018 as well as Seekingalpha.com‘s news article titled: “A Fundamentally Strong Business Despite Looming Background Distractions” with publication date: August 11, 2018.

Palisade Capital Management Llc increased Chevron Corp New (NYSE:CVX) stake by 7,070 shares to 55,824 valued at $6.37 million in 2018Q1. It also upped Yandex Nv (Prn) stake by 500,000 shares and now owns 3.21M shares. Biomarin Pharmaceutical Inc (Prn) was raised too.

Analysts await AT&T Inc. (NYSE:T) to report earnings on October, 23. They expect $0.95 earnings per share, up 28.38% or $0.21 from last year’s $0.74 per share. T’s profit will be $6.90B for 8.49 P/E if the $0.95 EPS becomes a reality. After $0.91 actual earnings per share reported by AT&T Inc. for the previous quarter, Wall Street now forecasts 4.40% EPS growth.

Among 17 analysts covering AT&T Inc (NYSE:T), 6 have Buy rating, 2 Sell and 9 Hold. Therefore 35% are positive. AT&T Inc had 19 analyst reports since February 23, 2018 according to SRatingsIntel. The stock has “Outperform” rating by Oppenheimer on Wednesday, June 13. Raymond James maintained the stock with “Outperform” rating in Thursday, April 26 report. Barclays Capital maintained the stock with “Equal-Weight” rating in Friday, April 13 report. Scotia Capital maintained the stock with “Hold” rating in Friday, April 20 report. Morgan Stanley maintained AT&T Inc. (NYSE:T) rating on Wednesday, June 27. Morgan Stanley has “Overweight” rating and $37 target. The firm has “Neutral” rating by Hilliard Lyons given on Thursday, April 26. The stock of AT&T Inc. (NYSE:T) earned “Sell” rating by Moffett Nathanson on Wednesday, June 13. Bank of America upgraded AT&T Inc. (NYSE:T) on Monday, July 30 to “Buy” rating. The stock has “Buy” rating by Wells Fargo on Friday, February 23. The rating was downgraded by Jefferies on Thursday, June 7 to “Hold”.

Investors sentiment increased to 0.92 in 2018 Q1. Its up 0.01, from 0.91 in 2017Q4. It improved, as 76 investors sold T shares while 695 reduced holdings. 122 funds opened positions while 585 raised stakes. 3.08 billion shares or 0.35% less from 3.09 billion shares in 2017Q4 were reported. Markston Limited Liability Company has 167,231 shares. Cibc Ww Markets Corporation owns 1.04 million shares or 0.39% of their US portfolio. The California-based Osborne Partners Capital Lc has invested 0.23% in AT&T Inc. (NYSE:T). Sfmg Limited Liability, Texas-based fund reported 29,776 shares. Hermes Mgmt Ltd owns 44,551 shares or 0.02% of their US portfolio. Intact Management Incorporated accumulated 420,600 shares or 0.58% of the stock. Chilton Ltd Liability owns 20,880 shares for 0.07% of their portfolio. Andra Ap invested 0.06% in AT&T Inc. (NYSE:T). Efg Asset Mgmt (Americas) reported 0.28% of its portfolio in AT&T Inc. (NYSE:T). Wedge Cap Mngmt L Lp Nc holds 0% of its portfolio in AT&T Inc. (NYSE:T) for 6,671 shares. Argent reported 142,287 shares stake. Moreover, Investment Of Virginia Ltd Limited Liability Company has 1.6% invested in AT&T Inc. (NYSE:T) for 192,967 shares. Mathes Inc holds 1.09% or 65,750 shares. Moreover, Harvey has 3.06% invested in AT&T Inc. (NYSE:T) for 229,471 shares. Merriman Wealth Mngmt owns 18,481 shares.

Comcast Corporation (NASDAQ:CMCSA) Institutional Positions Chart

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