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Contrarius Investment Management LTD Has Raised Viacom New (VIAB) Position; Comcast – Class A (CMCSA) Shorts Up By 3.57%

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Contrarius Investment Management Ltd increased Viacom Inc New (VIAB) stake by 113.27% reported in 2017Q4 SEC filing. Contrarius Investment Management Ltd acquired 2.30M shares as Viacom Inc New (VIAB)’s stock declined 4.65%. The Contrarius Investment Management Ltd holds 4.33 million shares with $133.46 million value, up from 2.03M last quarter. Viacom Inc New now has $11.31 billion valuation. The stock increased 0.37% or $0.1 during the last trading session, reaching $27.29. About 1.37 million shares traded. Viacom, Inc. (NASDAQ:VIAB) has declined 30.65% since May 24, 2017 and is downtrending. It has underperformed by 42.20% the S&P500.

Comcast Corporation – Class A (NASDAQ:CMCSA) had an increase of 3.57% in short interest. CMCSA’s SI was 61.28 million shares in May as released by FINRA. Its up 3.57% from 59.17 million shares previously. With 35.01M avg volume, 2 days are for Comcast Corporation – Class A (NASDAQ:CMCSA)’s short sellers to cover CMCSA’s short positions. The SI to Comcast Corporation – Class A’s float is 1.32%. The stock decreased 0.97% or $0.31 during the last trading session, reaching $31.57. About 15.14 million shares traded. Comcast Corporation (NASDAQ:CMCSA) has declined 11.10% since May 24, 2017 and is downtrending. It has underperformed by 22.65% the S&P500.

More recent Viacom, Inc. (NASDAQ:VIAB) news were published by: Investorplace.com which released: “Viacom, Inc.’s Earnings Beat Isn’t Reason To Celebrate” on April 25, 2018. Also Seekingalpha.com published the news titled: “Viacom Inc. 2018 Q2 – Results – Earnings Call Slides” on April 25, 2018. Bizjournals.com‘s news article titled: “CBS takes fight to Redstone, says amendment can’t take legal effect” with publication date: May 23, 2018 was also an interesting one.

Contrarius Investment Management Ltd decreased Tegna Inc stake by 171,586 shares to 101,086 valued at $1.42M in 2017Q4. It also reduced Barrick Gold Corp (NYSE:ABX) stake by 385,763 shares and now owns 144,902 shares. Encana Corp (NYSE:ECA) was reduced too.

Among 39 analysts covering Viacom Inc. (NASDAQ:VIAB), 13 have Buy rating, 0 Sell and 26 Hold. Therefore 33% are positive. Viacom Inc. had 135 analyst reports since August 7, 2015 according to SRatingsIntel. Topeka Capital Markets maintained Viacom, Inc. (NASDAQ:VIAB) on Friday, August 7 with “Hold” rating. The firm has “Buy” rating given on Friday, June 17 by Wunderlich. Topeka Capital Markets maintained the shares of VIAB in report on Monday, November 30 with “Hold” rating. Wunderlich maintained the stock with “Buy” rating in Friday, August 7 report. Needham maintained the shares of VIAB in report on Tuesday, September 12 with “Hold” rating. The rating was maintained by Needham on Friday, November 3 with “Hold”. Telsey Advisory Group maintained the stock with “Market Perform” rating in Friday, August 26 report. The company was maintained on Tuesday, February 23 by Atlantic Securities. The stock of Viacom, Inc. (NASDAQ:VIAB) has “Outperform” rating given on Friday, August 5 by Telsey Advisory Group. The company was downgraded on Friday, April 1 by Citigroup.

Investors sentiment decreased to 0.93 in 2017 Q4. Its down 0.10, from 1.03 in 2017Q3. It dived, as 75 investors sold Comcast Corporation 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. Oppenheimer Asset Mngmt stated it has 0.14% in Comcast Corporation (NASDAQ:CMCSA). Richard Bernstein Advsr Ltd Llc invested in 294,235 shares. Susquehanna Grp Incorporated Llp reported 230,460 shares or 0% of all its holdings. Chilton Mgmt Limited Liability Co has 164,618 shares for 0.6% of their portfolio. Crestpoint Mngmt Ltd Com invested in 22,900 shares or 0.51% of the stock. Capital Ca owns 0.52% invested in Comcast Corporation (NASDAQ:CMCSA) for 86,845 shares. 2.13M are held by Jana Ptnrs Ltd Limited Liability Company. Amer National Bank reported 794 shares stake. Zwj Investment Counsel Incorporated reported 37,776 shares. Spirit Of America Mngmt Corp New York accumulated 30,000 shares. Graham Capital Mngmt L P reported 27,457 shares. Bonness Enter Inc stated it has 36,400 shares. Burke And Herbert Bank And owns 16,358 shares for 0.56% of their portfolio. Howland Mgmt Limited Liability Company holds 0.13% or 39,749 shares in its portfolio. Ent Service Corp reported 0.09% in Comcast Corporation (NASDAQ:CMCSA).

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. Guggenheim maintained it with “Buy” rating and $46.0 target in Friday, January 26 report. Buckingham Research maintained Comcast Corporation (NASDAQ:CMCSA) rating on Monday, January 8. Buckingham Research has “Buy” rating and $50.0 target. Pivotal Research maintained the shares of CMCSA in report on Monday, June 26 with “Buy” rating. KeyBanc Capital Markets maintained Comcast Corporation (NASDAQ:CMCSA) on Monday, October 16 with “Hold” rating. The company was downgraded on Tuesday, June 20 by Moffett Nathanson. As per Monday, December 19, the company rating was maintained by Jefferies. The stock has “Neutral” rating by Macquarie Research on Tuesday, September 29. Jefferies maintained the shares of CMCSA in report on Thursday, January 25 with “Buy” rating. Telsey Advisory Group maintained it with “Outperform” rating and $84 target in Tuesday, January 24 report. Robert W. Baird maintained the shares of CMCSA in report on Friday, November 17 with “Buy” rating.

Since December 14, 2017, it had 0 insider purchases, and 11 selling transactions for $62.58 million activity. Murdock Daniel C. also sold $30,411 worth of Comcast Corporation (NASDAQ:CMCSA) shares. BURKE STEPHEN B also sold $8.11 million worth of Comcast Corporation (NASDAQ:CMCSA) on Friday, January 26. 2,471 shares were sold by BLOCK ARTHUR R, worth $87,968. Another trade for 691,105 shares valued at $25.24M was sold by ROBERTS BRIAN L. 131,447 shares were sold by WATSON DAVID N, worth $4.84M.

More notable recent Comcast Corporation (NASDAQ:CMCSA) news were published by: Seekingalpha.com which released: “Netflix worth more than Comcast, eyes Disney” on May 24, 2018, also Bizjournals.com with their article: “By Jim Carchidi – Photojournalist, Orlando Business Journal” published on May 23, 2018, Nasdaq.com published: “Consumer Satisfaction With Cable, Internet Service Providers Drops Again” on May 24, 2018. More interesting news about Comcast Corporation (NASDAQ:CMCSA) were released by: Nasdaq.com and their article: “Comcast Xfinity Website Bug Leaked Customer Data” published on May 23, 2018 as well as Seekingalpha.com‘s news article titled: “Comcast: Near all-cash offer for parts of Fox” with publication date: May 23, 2018.

Comcast Corporation operates as a media and technology firm worldwide. The company has market cap of $145.27 billion. It operates through Cable Communications, Cable Networks, Broadcast Television, Filmed Entertainment, and Theme Parks divisions. It has a 6.65 P/E ratio. The Cable Communications segment offers video, high-speed Internet, and voice services to residential and business clients under the XFINITY brand.

Comcast Corporation (NASDAQ:CMCSA) Institutional Positions Chart

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