Suncoke Energy (SXC) Holder Zacks Investment Management Has Raised Position; As Comcast New (CMCSA) Stock Declined, Senator Investment Group LP Has Lifted Position

June 14, 2018 - By Hazel Jackson

Comcast Corporation (NASDAQ:CMCSA) Logo

Doug Silverman increased its stake in Comcast Corp New (CMCSA) by 28.57% based on its latest 2018Q1 regulatory filing with the SEC. Senator Investment Group Lp bought 1.00M shares as the company’s stock declined 19.78% with the market. The hedge fund run by Doug Silverman held 4.50M shares of the television services company at the end of 2018Q1, valued at $153.77M, up from 3.50 million at the end of the previous reported quarter. Senator Investment Group Lp who had been investing in Comcast Corp New for a number of months, seems to be bullish on the $148.73B market cap company. The stock decreased 0.19% or $0.06 during the last trading session, reaching $32.32. About 40.36 million shares traded or 48.28% up from the average. Comcast Corporation (NASDAQ:CMCSA) has declined 21.29% since June 14, 2017 and is downtrending. It has underperformed by 33.86% the S&P500. Some Historical CMCSA News: 08/05/2018 – CNBC Now: BREAKING: US intends to withdraw from Iran nuclear deal – NBC News; 25/04/2018 – Morningstar: Comcast Pursues Sky While Assessing Bigger Move for Fox Assets — 3rd Update; 10/05/2018 – Comcast to match Disney break fee in race for Fox; 30/05/2018 – The Fox board also recommended backing the deal but said that it was aware of Comcast’s moves to make an offer for certain assets of the company; 21/05/2018 – RESPONSE TO DCMS ANNOUNCEMENT ON COMCAST OFFER; 25/04/2018 – COMCAST £12.50 IN CASH FOR EACH SKY SHR; 16/04/2018 – Thousands of Comcast Employees in Washington Will Help the Homeless on Comcast Cares Day; 23/05/2018 – COMCAST CONSIDERING ALL-CASH OFFER TO BUY FOX, POST SPINOFF; 09/05/2018 – Findlay Park Adds Deere, Exits Facebook, Cuts Comcast: 13F; 25/04/2018 – Comcast Continues to Engage With Sky Independent Committee Seeking Recommendation

Zacks Investment Management increased its stake in Suncoke Energy Inc (SXC) by 63.1% based on its latest 2018Q1 regulatory filing with the SEC. Zacks Investment Management bought 73,705 shares as the company’s stock rose 19.23% while stock markets declined. The institutional investor held 190,517 shares of the basic industries company at the end of 2018Q1, valued at $2.05 million, up from 116,812 at the end of the previous reported quarter. Zacks Investment Management who had been investing in Suncoke Energy Inc for a number of months, seems to be bullish on the $898.76 million market cap company. The stock decreased 0.57% or $0.08 during the last trading session, reaching $13.9. About 531,471 shares traded or 20.61% up from the average. SunCoke Energy, Inc. (NYSE:SXC) has risen 46.97% since June 14, 2017 and is uptrending. It has outperformed by 34.40% the S&P500. Some Historical SXC News: 26/04/2018 – SunCoke Energy 1Q EPS 13c; 26/04/2018 – Suncoke Energy Partners, L.P. Declares Distribution Of $0.40 Per Unit; 26/04/2018 – SunCoke Energy 1Q Rev $350.5M; 26/04/2018 – SUNCOKE ENERGY INC – QTRLY REV $350.5 MLN VS $309.7 MLN; 26/04/2018 – SunCoke Energy 1Q Rev $214.8M; 20/04/2018 – DJ SunCoke Energy Inc, Inst Holders, 1Q 2018 (SXC); 26/04/2018 – SUNCOKE ENERGY INC SXC.N – REAFFIRM FULL-YEAR 2018 CONSOLIDATED ADJUSTED EBITDA GUIDANCE OF $240 MILLION TO $255 MILLION; 26/04/2018 – SUNCOKE ENERGY PARTNERS LP – QTRLY NET INCOME PER COMMON UNIT (BASIC AND DILUTED) $0.26; 26/04/2018 – SUNCOKE ENERGY PARTNERS LP – 2018 DISTRIBUTABLE CASH FLOW EXPECT TO BE BETWEEN $122 TO $132 MLN; 26/04/2018 – SunCoke Energy Backs FY Consolidated Adj EBITDA $240M-$255

Zacks Investment Management, which manages about $3.45B and $4.50B US Long portfolio, decreased its stake in American Express Co (NYSE:AXP) by 19,801 shares to 126,101 shares, valued at $11.76M in 2018Q1, according to the filing. It also reduced its holding in Alphabet Inc by 4,486 shares in the quarter, leaving it with 4,921 shares, and cut its stake in Jpmorgan Chase & Co (NYSE:JPM).

Investors sentiment increased to 1.73 in Q1 2018. Its up 0.37, from 1.36 in 2017Q4. It improved, as 15 investors sold SXC shares while 41 reduced holdings. 35 funds opened positions while 62 raised stakes. 56.25 million shares or 0.99% more from 55.70 million shares in 2017Q4 were reported. Natl Bank Of Mellon holds 0% in SunCoke Energy, Inc. (NYSE:SXC) or 766,001 shares. Ameritas Prns holds 0% or 5,034 shares in its portfolio. Renaissance Ltd Liability Company invested in 0.04% or 3.46 million shares. Teacher Retirement Sys Of Texas holds 0% of its portfolio in SunCoke Energy, Inc. (NYSE:SXC) for 12,808 shares. Profund Ltd Co accumulated 0.01% or 11,943 shares. Koch holds 21,959 shares. Manufacturers Life Insur Communications The reported 0% of its portfolio in SunCoke Energy, Inc. (NYSE:SXC). Moreover, Guggenheim Cap Ltd Llc has 0% invested in SunCoke Energy, Inc. (NYSE:SXC). Bridgeway Capital owns 858,400 shares for 0.1% of their portfolio. Moreover, Credit Suisse Ag has 0% invested in SunCoke Energy, Inc. (NYSE:SXC) for 79,812 shares. Moreover, Ubs Asset Management Americas Inc has 0% invested in SunCoke Energy, Inc. (NYSE:SXC) for 49,274 shares. Clarivest Asset Mngmt Ltd Liability Corporation invested 0.02% of its portfolio in SunCoke Energy, Inc. (NYSE:SXC). Vanguard Grp Inc holds 5.01 million shares. Comerica National Bank holds 67,513 shares or 0.01% of its portfolio. Hbk Investments LP accumulated 218,300 shares.

Among 6 analysts covering SunCoke Energy (NYSE:SXC), 4 have Buy rating, 2 Sell and 0 Hold. Therefore 67% are positive. SunCoke Energy had 10 analyst reports since July 22, 2015 according to SRatingsIntel. FBR Capital initiated it with “Outperform” rating and $18 target in Friday, September 18 report. The rating was downgraded by TheStreet on Friday, October 16 to “Sell”. The firm has “Outperform” rating by FBR Capital given on Friday, October 21. On Monday, April 30 the stock rating was maintained by B. Riley & Co with “Buy”. B. Riley & Co maintained the shares of SXC in report on Tuesday, March 6 with “Buy” rating. The rating was downgraded by Bank of America to “Underperform” on Wednesday, December 9.

Since December 18, 2017, it had 0 insider buys, and 10 insider sales for $40.01 million activity. $30,411 worth of Comcast Corporation (NASDAQ:CMCSA) shares were sold by Murdock Daniel C.. Another trade for 131,447 shares valued at $4.84M was sold by WATSON DAVID N. On Friday, January 26 the insider BURKE STEPHEN B sold $8.11M. Another trade for 691,105 shares valued at $25.24M was sold by ROBERTS BRIAN L.

Senator Investment Group Lp, which manages about $11.90 billion and $8.41B US Long portfolio, decreased its stake in Fgl Hldgs by 3.21M shares to 6.52 million shares, valued at $66.14 million in 2018Q1, according to the filing. It also reduced its holding in Boeing Co (NYSE:BA) by 45,000 shares in the quarter, leaving it with 630,000 shares, and cut its stake in Forest City Rlty Tr Inc.

More notable recent Comcast Corporation (NASDAQ:CMCSA) news were published by: Nasdaq.com which released: “Amazon.com, Inc. Makes a Leap With the Fire TV Cube” on June 11, 2018, also Streetinsider.com with their article: “After-Hours Stock Movers 06/13: (TLGT) (EVLV) (CMCSA) Higher; (TLRD) (AQMS) (MYL) Lower (more…)” published on June 13, 2018, Seekingalpha.com published: “Comcast slashed to Neutral by Raymond James; shares -4.3%” on June 13, 2018. More interesting news about Comcast Corporation (NASDAQ:CMCSA) were released by: Nasdaq.com and their article: “3 Stocks for Warren Buffett Fans” published on June 13, 2018 as well as Seekingalpha.com‘s news article titled: “Tech sector headed for fall reorganization (and volatility)” with publication date: June 06, 2018.

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: