1St Source (SRCE) Valuation Declined While Brandywine Global Investment Management Cut by $378,100 Its Stake; As Comcast (CMCSA) Valuation Rose, Lmr Partners Llp Lifted Its Stake

January 12, 2018 - By Stephen Andrade

Brandywine Global Investment Management Llc decreased its stake in 1St Source Corp (SRCE) by 9.74% based on its latest 2017Q3 regulatory filing with the SEC. Brandywine Global Investment Management Llc sold 7,562 shares as the company’s stock declined 2.74% while stock markets rallied. The institutional investor held 70,085 shares of the major banks company at the end of 2017Q3, valued at $3.56M, down from 77,647 at the end of the previous reported quarter. Brandywine Global Investment Management Llc who had been investing in 1St Source Corp for a number of months, seems to be less bullish one the $1.35 billion market cap company. The stock increased 0.37% or $0.19 during the last trading session, reaching $52.19. About 21,221 shares traded. 1st Source Corporation (NASDAQ:SRCE) has risen 36.45% since January 12, 2017 and is uptrending. It has outperformed by 19.75% the S&P500.

Lmr Partners Llp increased its stake in Comcast Corp (CMCSA) by 304.79% based on its latest 2017Q3 regulatory filing with the SEC. Lmr Partners Llp bought 678,013 shares as the company’s stock rose 3.16% with the market. The institutional investor held 900,464 shares of the television services company at the end of 2017Q3, valued at $34.65M, up from 222,451 at the end of the previous reported quarter. Lmr Partners Llp who had been investing in Comcast Corp for a number of months, seems to be bullish on the $197.42 billion market cap company. The stock decreased 0.85% or $0.36 during the last trading session, reaching $42.24. About 10.69M shares traded. Comcast Corporation (NASDAQ:CMCSA) has risen 28.96% since January 12, 2017 and is uptrending. It has outperformed by 12.26% the S&P500.

Among 3 analysts covering 1st Source (NASDAQ:SRCE), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. 1st Source had 11 analyst reports since July 21, 2016 according to SRatingsIntel. The stock of 1st Source Corporation (NASDAQ:SRCE) earned “Hold” rating by Keefe Bruyette & Woods on Friday, July 21. The firm earned “Hold” rating on Friday, October 20 by Keefe Bruyette & Woods. The rating was maintained by Keefe Bruyette & Woods on Thursday, December 21 with “Hold”. The stock of 1st Source Corporation (NASDAQ:SRCE) has “Buy” rating given on Thursday, July 20 by Piper Jaffray. The stock has “Overweight” rating by Piper Jaffray on Thursday, January 12. As per Monday, October 23, the company rating was maintained by Piper Jaffray. Piper Jaffray maintained the shares of SRCE in report on Friday, October 6 with “Buy” rating. On Thursday, July 21 the stock rating was initiated by DA Davidson with “Neutral”. Keefe Bruyette & Woods maintained 1st Source Corporation (NASDAQ:SRCE) rating on Thursday, June 1. Keefe Bruyette & Woods has “Hold” rating and $4400 target. On Tuesday, October 3 the stock rating was maintained by Keefe Bruyette & Woods with “Hold”.

Analysts await 1st Source Corporation (NASDAQ:SRCE) to report earnings on January, 18. They expect $0.66 earnings per share, up 13.79% or $0.08 from last year’s $0.58 per share. SRCE’s profit will be $17.12 million for 19.77 P/E if the $0.66 EPS becomes a reality. After $0.66 actual earnings per share reported by 1st Source Corporation for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Investors sentiment decreased to 1.13 in Q3 2017. Its down 0.34, from 1.47 in 2017Q2. It worsened, as 4 investors sold SRCE shares while 35 reduced holdings. 11 funds opened positions while 33 raised stakes. 18.16 million shares or 0.27% more from 18.11 million shares in 2017Q2 were reported. Employees Retirement System Of Ohio has invested 0% of its portfolio in 1st Source Corporation (NASDAQ:SRCE). Goldman Sachs, New York-based fund reported 16,244 shares. 1St Source Retail Bank stated it has 31.08% in 1st Source Corporation (NASDAQ:SRCE). Moreover, Prescott Grp Inc Capital Management Llc has 0.22% invested in 1st Source Corporation (NASDAQ:SRCE). Tiaa Cref Invest Mngmt Lc reported 0% stake. Moreover, Manufacturers Life Company The has 0.04% invested in 1st Source Corporation (NASDAQ:SRCE) for 622,064 shares. Meeder Asset Management accumulated 869 shares. Systematic Management Ltd Partnership reported 23,765 shares. Bancorporation Of Ny Mellon Corp has 116,086 shares. The Switzerland-based Swiss Bancorporation has invested 0% in 1st Source Corporation (NASDAQ:SRCE). Invesco reported 35,745 shares. Strs Ohio owns 16,400 shares or 0% of their US portfolio. Moreover, Jpmorgan Chase And has 0% invested in 1st Source Corporation (NASDAQ:SRCE). Price T Rowe Associate Md owns 7,059 shares for 0% of their portfolio. Clarivest Asset Mngmt Ltd Co accumulated 118,680 shares or 0.13% of the stock.

Brandywine Global Investment Management Llc, which manages about $52.46 billion and $15.78B US Long portfolio, upped its stake in Advance Auto Parts Inc (NYSE:AAP) by 411,751 shares to 847,372 shares, valued at $84.06 million in 2017Q3, according to the filing. It also increased its holding in Allstate Corp (NYSE:ALL) by 11,966 shares in the quarter, for a total of 371,702 shares, and has risen its stake in Titan Intl Inc Ill (NYSE:TWI).

Investors sentiment increased to 1.03 in Q3 2017. Its up 0.02, from 1.01 in 2017Q2. It is positive, as 53 investors sold CMCSA shares while 517 reduced holdings. 115 funds opened positions while 470 raised stakes. 3.65 billion shares or 1.23% less from 3.69 billion shares in 2017Q2 were reported. Northeast Financial Consultants invested 0.38% of its portfolio in Comcast Corporation (NASDAQ:CMCSA). 5,558 were reported by Mraz Amerine And. Foxhaven Asset Mngmt LP holds 3.5% or 1.25M shares. 61,102 are held by Charter. Tsp Cap Mngmt Gp Limited Com, New Jersey-based fund reported 163,516 shares. States Steel And Carnegie Pension Fund has invested 1.76% of its portfolio in Comcast Corporation (NASDAQ:CMCSA). Md Sass Incorporated reported 873,460 shares or 2.82% of all its holdings. Altavista Wealth Mgmt invested in 0.17% or 9,417 shares. Hartline has 1.01% invested in Comcast Corporation (NASDAQ:CMCSA) for 86,775 shares. Lombard Odier Asset (Europe) Limited owns 52,410 shares or 0.12% of their US portfolio. Godshalk Welsh Capital Mgmt holds 0.55% of its portfolio in Comcast Corporation (NASDAQ:CMCSA) for 14,100 shares. Bremer Tru Natl Association accumulated 35,738 shares or 0.38% of the stock. Thompson Siegel & Walmsley Limited Liability Corp has 4,520 shares for 0% of their portfolio. Hudock Capital Group Lc reported 2,577 shares or 0.05% of all its holdings. Lpl Fincl Limited Liability Company accumulated 873,220 shares.

Since August 7, 2017, it had 0 buys, and 5 insider sales for $23.18 million activity. Another trade for 583,835 shares valued at $22.57 million was made by ROBERTS BRIAN L on Thursday, December 14. 2,232 Comcast Corporation (NASDAQ:CMCSA) shares with value of $83,175 were sold by BACON KENNETH J. Shares for $144,915 were sold by Murdock Daniel C..

Among 29 analysts covering Comcast Corporation (NASDAQ:CMCSA), 24 have Buy rating, 1 Sell and 4 Hold. Therefore 83% are positive. Comcast Corporation had 68 analyst reports since July 27, 2015 according to SRatingsIntel. Pivotal Research maintained Comcast Corporation (NASDAQ:CMCSA) rating on Tuesday, September 27. Pivotal Research has “Buy” rating and $90 target. On Friday, August 19 the stock rating was maintained by Telsey Advisory Group with “Outperform”. The firm has “Overweight” rating by Barclays Capital given on Friday, October 27. The firm has “Buy” rating by Wunderlich given on Wednesday, August 26. The rating was upgraded by Deutsche Bank on Friday, January 13 to “Buy”. The company was maintained on Friday, November 17 by Robert W. Baird. Moffett Nathanson upgraded the stock to “Buy” rating in Wednesday, August 19 report. The company was maintained on Monday, October 23 by Wells Fargo. Nomura maintained Comcast Corporation (NASDAQ:CMCSA) on Monday, June 27 with “Buy” rating. The company was maintained on Monday, June 26 by Pivotal Research.

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