Alpine Woods Capital Investors Trimmed Position in Comerica (CMA) by $309,600 as Market Value Rose; Karpas Strategies Decreased Its Comcast Cl A (CMCSA) Holding as Shares Declined

May 21, 2018 - By Stephen Andrade

Comerica Incorporated (NYSE:CMA) Logo

Karpas Strategies Llc decreased its stake in Comcast Corp Cl A (CMCSA) by 5.99% based on its latest 2017Q4 regulatory filing with the SEC. Karpas Strategies Llc sold 7,657 shares as the company’s stock declined 19.10% with the market. The institutional investor held 120,183 shares of the television services company at the end of 2017Q4, valued at $4.81 million, down from 127,840 at the end of the previous reported quarter. Karpas Strategies Llc who had been investing in Comcast Corp Cl A for a number of months, seems to be less bullish one the $148.59 billion market cap company. The stock decreased 1.31% or $0.429 during the last trading session, reaching $32.291. About 11.13 million shares traded. Comcast Corporation (NASDAQ:CMCSA) has declined 11.10% since May 21, 2017 and is downtrending. It has underperformed by 22.65% the S&P500.

Alpine Woods Capital Investors Llc decreased its stake in Comerica Inc (CMA) by 14.66% based on its latest 2017Q4 regulatory filing with the SEC. Alpine Woods Capital Investors Llc sold 3,600 shares as the company’s stock rose 7.62% while stock markets declined. The institutional investor held 20,962 shares of the major banks company at the end of 2017Q4, valued at $1.82M, down from 24,562 at the end of the previous reported quarter. Alpine Woods Capital Investors Llc who had been investing in Comerica Inc for a number of months, seems to be less bullish one the $17.03 billion market cap company. The stock increased 0.67% or $0.66 during the last trading session, reaching $99.02. About 638,969 shares traded. Comerica Incorporated (NYSE:CMA) has risen 41.51% since May 21, 2017 and is uptrending. It has outperformed by 29.96% the S&P500.

Investors sentiment decreased to 0.93 in Q4 2017. Its down 0.10, from 1.03 in 2017Q3. It worsened, as 75 investors sold CMCSA shares while 544 reduced holdings. 122 funds opened positions while 455 raised stakes. 3.66 billion shares or 0.28% more from 3.65 billion shares in 2017Q3 were reported. Tiemann Invest Advsr Ltd Liability Co reported 0.26% in Comcast Corporation (NASDAQ:CMCSA). Moreover, Auxier Asset Management has 0.85% invested in Comcast Corporation (NASDAQ:CMCSA). Manchester Cap Mgmt Ltd Llc, Vermont-based fund reported 12,965 shares. Stonebridge Cap Advisors Limited, Minnesota-based fund reported 5,460 shares. Cna Corp has 0.96% invested in Comcast Corporation (NASDAQ:CMCSA) for 100,000 shares. Palisade Cap Mngmt Ltd Llc Nj invested in 0.06% or 44,408 shares. Barrett Asset Ltd Liability Co has 7,679 shares. Pinnacle Wealth Mgmt Advisory Grp Limited Liability Com invested 0.17% in Comcast Corporation (NASDAQ:CMCSA). Swiss State Bank owns 0.78% invested in Comcast Corporation (NASDAQ:CMCSA) for 17.95 million shares. Moreover, Sunbelt Securities Incorporated has 0.37% invested in Comcast Corporation (NASDAQ:CMCSA) for 9,622 shares. Vanguard Grp Inc owns 322.10M shares or 0.56% of their US portfolio. Scopus Asset LP holds 0.99% or 2.63 million shares. Train Babcock Advsr Lc accumulated 0.09% or 5,036 shares. Clearline Cap Lp reported 22,082 shares or 0.46% of all its holdings. Moneta Grp Inc Limited Liability Co holds 0.18% or 30,337 shares in its portfolio.

Analysts await Comcast Corporation (NASDAQ:CMCSA) to report earnings on July, 26. They expect $0.61 earnings per share, up 17.31% or $0.09 from last year’s $0.52 per share. CMCSA’s profit will be $2.81 billion for 13.23 P/E if the $0.61 EPS becomes a reality. After $0.62 actual earnings per share reported by Comcast Corporation for the previous quarter, Wall Street now forecasts -1.61% negative EPS growth.

More notable recent Comcast Corporation (NASDAQ:CMCSA) news were published by: Bizjournals.com which released: “We’re No. 1: Orlando hits record 72 million visitors in 2017” on May 10, 2018, also Seekingalpha.com with their article: “Breakup fee added to Comcast bid for Fox” published on May 10, 2018, Fool.com published: “Will Comcast Spoil Disney’s Plans for Entertainment Dominance?” on May 19, 2018. More interesting news about Comcast Corporation (NASDAQ:CMCSA) were released by: Bizjournals.com and their article: “Universal’s Halloween Horror Nights unveils latest haunted house” published on May 16, 2018 as well as Bizjournals.com‘s news article titled: “Tired of lines for theme park rides? Universal Orlando has patented a new tech that may shorten the wait” with publication date: May 16, 2018.

Since December 14, 2017, it had 0 insider purchases, and 11 insider sales for $62.58 million activity. WATSON DAVID N also sold $4.84 million worth of Comcast Corporation (NASDAQ:CMCSA) shares. Shares for $8.11M were sold by BURKE STEPHEN B. Shares for $22.57 million were sold by ROBERTS BRIAN L on Thursday, December 14. Shares for $224,575 were sold by BLOCK ARTHUR R on Monday, December 18.

Among 32 analysts covering Comcast Corporation (NASDAQ:CMCSA), 24 have Buy rating, 1 Sell and 7 Hold. Therefore 75% are positive. Comcast Corporation had 84 analyst reports since July 27, 2015 according to SRatingsIntel. Macquarie Research upgraded the shares of CMCSA in report on Monday, October 24 to “Outperform” rating. As per Thursday, April 28, the company rating was maintained by RBC Capital Markets. The firm has “Buy” rating by Robert W. Baird given on Thursday, January 25. The stock of Comcast Corporation (NASDAQ:CMCSA) earned “Buy” rating by Wells Fargo on Monday, October 23. Telsey Advisory Group maintained it with “Outperform” rating and $76.50 target in Friday, August 19 report. Pivotal Research maintained Comcast Corporation (NASDAQ:CMCSA) on Thursday, July 27 with “Buy” rating. The stock has “Neutral” rating by Moffett Nathanson on Tuesday, June 20. Macquarie Research maintained the shares of CMCSA in report on Tuesday, September 29 with “Neutral” rating. The rating was maintained by Wells Fargo with “Outperform” on Thursday, January 25. The rating was maintained by Barclays Capital on Wednesday, February 22 with “Overweight”.

Investors sentiment decreased to 1 in 2017 Q4. Its down 0.06, from 1.06 in 2017Q3. It is negative, as 38 investors sold CMA shares while 167 reduced holdings. 69 funds opened positions while 135 raised stakes. 139.03 million shares or 0.55% less from 139.79 million shares in 2017Q3 were reported. Veritable Limited Partnership reported 0.02% in Comerica Incorporated (NYSE:CMA). Ledyard Retail Bank holds 0.25% of its portfolio in Comerica Incorporated (NYSE:CMA) for 24,060 shares. 1.18 million were accumulated by Bank Of America De. Azimuth Cap Ltd Liability Corporation holds 0.24% or 37,797 shares in its portfolio. Gabelli Funds Limited has 0.01% invested in Comerica Incorporated (NYSE:CMA) for 15,000 shares. Moreover, Contravisory Management has 0.13% invested in Comerica Incorporated (NYSE:CMA) for 3,997 shares. Whittier Tru Of Nevada reported 1,125 shares stake. Elizabeth Park holds 1.57% or 55,955 shares in its portfolio. Baystate Wealth Limited Co accumulated 1,231 shares or 0.02% of the stock. Moreover, Raymond James And Associate has 0.01% invested in Comerica Incorporated (NYSE:CMA). Wedge Cap Mngmt L Limited Partnership Nc has 0.01% invested in Comerica Incorporated (NYSE:CMA) for 11,121 shares. Morgan Stanley holds 336,725 shares or 0.01% of its portfolio. Moreover, Acadian Asset Limited Com has 0% invested in Comerica Incorporated (NYSE:CMA) for 830 shares. 5,928 were accumulated by Wetherby Asset Management. Mitsubishi Ufj Trust And Corporation owns 354,428 shares.

More news for Comerica Incorporated (NYSE:CMA) were recently published by: Globenewswire.com, which released: “New Research: Key Drivers of Growth for Comerica, Valley National, Santander Consumer, Sterling, Kemet, and …” on May 11, 2018. Prnewswire.com‘s article titled: “This Morning’s Technical Outlook on Banking Stocks — Bank of America, Bank of Montreal, Comerica, and First …” and published on April 26, 2018 is yet another important article.

Since January 18, 2018, it had 0 insider purchases, and 13 selling transactions for $31.40 million activity. $397,808 worth of stock was sold by RITCHIE MICHAEL T on Monday, February 26. $243,919 worth of stock was sold by Buchanan John D on Friday, January 26. Shares for $463,258 were sold by Burkhart Megan D. $230,560 worth of Comerica Incorporated (NYSE:CMA) shares were sold by Carr Muneera S. 1,052 shares were sold by Guilfoile Peter William, worth $102,044 on Friday, February 2. 11,293 shares valued at $1.08M were sold by Duprey David E on Saturday, January 27.

Analysts await Comerica Incorporated (NYSE:CMA) to report earnings on July, 17. They expect $1.66 EPS, up 44.35% or $0.51 from last year’s $1.15 per share. CMA’s profit will be $285.41M for 14.91 P/E if the $1.66 EPS becomes a reality. After $1.54 actual EPS reported by Comerica Incorporated for the previous quarter, Wall Street now forecasts 7.79% EPS growth.

Among 34 analysts covering Comerica Inc (NYSE:CMA), 18 have Buy rating, 2 Sell and 14 Hold. Therefore 53% are positive. Comerica Inc had 144 analyst reports since July 20, 2015 according to SRatingsIntel. Raymond James upgraded Comerica Incorporated (NYSE:CMA) on Monday, May 9 to “Outperform” rating. The firm has “Buy” rating by Keefe Bruyette & Woods given on Tuesday, December 12. The company was maintained on Tuesday, July 18 by FBR Capital. The stock has “Buy” rating by Wood on Friday, June 16. The firm has “Buy” rating given on Tuesday, October 17 by Keefe Bruyette & Woods. The rating was maintained by BMO Capital Markets on Tuesday, July 18 with “Hold”. Keefe Bruyette & Woods maintained it with “Buy” rating and $101.0 target in Thursday, December 21 report. Wells Fargo maintained the shares of CMA in report on Wednesday, December 20 with “Hold” rating. The rating was maintained by Keefe Bruyette & Woods with “Buy” on Tuesday, January 16. The stock has “Hold” rating by Wedbush on Wednesday, January 17.

Comerica Incorporated (NYSE:CMA) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter:


Recent Posts