New Mexico Educational Retirement Board Continues to Hold Position in Comcast Class A (CMCSA); Cullen Capital Management Stake in Diageo Plc (Adr) (DEO) Cut as Market Valuation Declined

April 21, 2018 - By Peter Erickson

Comcast Corporation (NASDAQ:CMCSA) Logo

New Mexico Educational Retirement Board increased its stake in Comcast Corp Class A (CMCSA) by 2.77% based on its latest 2017Q4 regulatory filing with the SEC. New Mexico Educational Retirement Board bought 12,200 shares as the company’s stock declined 19.10% with the market. The institutional investor held 452,166 shares of the television services company at the end of 2017Q4, valued at $18.11M, up from 439,966 at the end of the previous reported quarter. New Mexico Educational Retirement Board who had been investing in Comcast Corp Class A for a number of months, seems to be bullish on the $154.24B market cap company. The stock decreased 0.81% or $0.27 during the last trading session, reaching $33.21. About 19.81M shares traded. Comcast Corporation (NASDAQ:CMCSA) has declined 11.10% since April 21, 2017 and is downtrending. It has underperformed by 22.65% the S&P500.

Cullen Capital Management Llc decreased its stake in Diageo Plc (Adr) (DEO) by 15.23% based on its latest 2017Q4 regulatory filing with the SEC. Cullen Capital Management Llc sold 78,550 shares as the company’s stock declined 7.16% with the market. The institutional investor held 437,355 shares of the beverages (production and distribution) company at the end of 2017Q4, valued at $63.87 million, down from 515,905 at the end of the previous reported quarter. Cullen Capital Management Llc who had been investing in Diageo Plc (Adr) for a number of months, seems to be less bullish one the $82.70 billion market cap company. The stock decreased 1.08% or $1.5 during the last trading session, reaching $137.79. About 734,297 shares traded or 56.26% up from the average. Diageo plc (NYSE:DEO) has risen 14.00% since April 21, 2017 and is uptrending. It has outperformed by 2.45% the S&P500.

New Mexico Educational Retirement Board, which manages about $2.64B US Long portfolio, decreased its stake in Public Storage (NYSE:PSA) by 20,671 shares to 14,365 shares, valued at $3.00 million in 2017Q4, according to the filing. It also reduced its holding in Kimco Realty Corp (NYSE:KIM) by 57,080 shares in the quarter, leaving it with 40,918 shares, and cut its stake in Ventas Inc (NYSE:VTR).

Since December 14, 2017, it had 0 buys, and 11 sales for $62.58 million activity. ROBERTS BRIAN L also sold $22.57 million worth of Comcast Corporation (NASDAQ:CMCSA) on Thursday, December 14. $87,968 worth of Comcast Corporation (NASDAQ:CMCSA) was sold by BLOCK ARTHUR R. $4.84 million worth of Comcast Corporation (NASDAQ:CMCSA) was sold by WATSON DAVID N. 190,756 shares were sold by BURKE STEPHEN B, worth $8.11M on Friday, January 26.

Among 32 analysts covering Comcast Corporation (NASDAQ:CMCSA), 23 have Buy rating, 1 Sell and 8 Hold. Therefore 72% are positive. Comcast Corporation had 83 analyst reports since July 27, 2015 according to SRatingsIntel. The firm has “Buy” rating by Nomura given on Tuesday, December 8. The rating was maintained by Pivotal Research on Monday, June 26 with “Buy”. Guggenheim maintained Comcast Corporation (NASDAQ:CMCSA) on Friday, January 26 with “Buy” rating. The stock has “Outperform” rating by Macquarie Research on Monday, October 24. RBC Capital Markets maintained Comcast Corporation (NASDAQ:CMCSA) on Wednesday, October 28 with “Outperform” rating. As per Tuesday, September 27, the company rating was maintained by Pivotal Research. The stock has “Buy” rating by RBC Capital Markets on Tuesday, January 30. As per Monday, January 8, the company rating was maintained by Buckingham Research. The firm has “Neutral” rating given on Wednesday, February 28 by Macquarie Research. The firm has “Buy” rating by Pivotal Research given on Thursday, December 17.

Investors sentiment decreased to 0.93 in Q4 2017. Its down 0.10, from 1.03 in 2017Q3. It dropped, 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. Point72 Asia (Hong Kong) reported 0.01% stake. Hbk Sorce Advisory Llc reported 186,547 shares. Lowe Brockenbrough Co reported 200,008 shares stake. Signature Fincl Mgmt Incorporated owns 1.02% invested in Comcast Corporation (NASDAQ:CMCSA) for 93,814 shares. Palestra Mgmt Ltd Com reported 9.63% of its portfolio in Comcast Corporation (NASDAQ:CMCSA). Focused Wealth Management holds 4,231 shares or 0.05% of its portfolio. Sequoia Advsrs Lc invested in 0.04% or 10,298 shares. Howland Cap Ltd Liability invested in 39,749 shares. Toth Fincl Advisory holds 0.01% or 615 shares in its portfolio. Baldwin Brothers Ma has 0.11% invested in Comcast Corporation (NASDAQ:CMCSA) for 17,807 shares. 164,618 are held by Chilton Cap Management. Gabelli Funds Limited Liability Corporation invested 0.36% of its portfolio in Comcast Corporation (NASDAQ:CMCSA). Leavell Inv Mgmt Inc stated it has 126,710 shares or 0.6% of all its holdings. Beck Mgmt Limited Liability Corporation has invested 0.13% of its portfolio in Comcast Corporation (NASDAQ:CMCSA). Foothills Asset Management Ltd owns 51,916 shares for 1.58% of their portfolio.

Cullen Capital Management Llc, which manages about $3.87 billion and $2.91 billion US Long portfolio, upped its stake in Mmc Norilsk Nickel Pjsc (Adr) by 144,140 shares to 851,895 shares, valued at $16.11 million in 2017Q4, according to the filing. It also increased its holding in At&T Inc. (NYSE:T) by 17,070 shares in the quarter, for a total of 1.90M shares, and has risen its stake in Philip Morris International In (NYSE:PM).

Comcast Corporation (NASDAQ:CMCSA) 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: