Trending Stock News

As Oceaneering International (OII) Market Value Rose, Oldfield Partners Llp Has Lifted Position; Comcast (CMCSA) Shares Declined While Choate Investment Advisors Trimmed Its Holding

Comcast Corporation (NASDAQ:CMCSA) Logo

Choate Investment Advisors decreased its stake in Comcast Corp (CMCSA) by 40.96% based on its latest 2018Q1 regulatory filing with the SEC. Choate Investment Advisors sold 23,005 shares as the company’s stock declined 19.78% with the market. The institutional investor held 33,155 shares of the television services company at the end of 2018Q1, valued at $1.13 billion, down from 56,160 at the end of the previous reported quarter. Choate Investment Advisors who had been investing in Comcast Corp for a number of months, seems to be less bullish one the $153.67 billion market cap company. The stock increased 3.33% or $1.075 during the last trading session, reaching $33.395. About 20.46M shares traded. 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: 13/05/2018 – Comcast’s internet revenue is catching up to TV; 09/05/2018 – LATEST: Comcast preparing for mid-June bid for Twenty-First Century Fox assets, which could add $100B in debt to Comcast’s balance sheet; Comcast also willing to offer new deal protections; 21/05/2018 – Semtech and Comcast’s machineQ Sponsor City Innovate to Foster Development of Smart Cities; 07/05/2018 – Update: Comcast is planning an all-cash bid to top Walt Disney’s $52 billion deal to acquire most of 21st Century Fox’s assets, if the U.S. government approves AT&T’s acquisition of Time Warner, sources tell CNBC; 25/04/2018 – COMCAST ENDS EARNINGS CALL; 08/05/2018 – Comcast CDS Widens 11 Bps, Most in 4 Years; 25/04/2018 – SKY PLC SKYB.L – RESPONSE TO ALL-CASH OFFER FOR SKY BY COMCAST CORPORATION; 25/04/2018 – Comcast 1Q Share Repurchases $1.5B; 23/05/2018 – Major shareholder in Fox would back Comcast cash bid for Fox assets; 02/04/2018 – Comcast NBCUniversal to Livestream Coverage Commemorating 50th Anniversary of MLK’s Assassination and Legacy

Oldfield Partners Llp increased its stake in Oceaneering International Inc (OII) by 171.4% based on its latest 2018Q1 regulatory filing with the SEC. Oldfield Partners Llp bought 35,000 shares as the company’s stock rose 18.70% while stock markets declined. The institutional investor held 55,420 shares of the energy company at the end of 2018Q1, valued at $1.03M, up from 20,420 at the end of the previous reported quarter. Oldfield Partners Llp who had been investing in Oceaneering International Inc for a number of months, seems to be bullish on the $2.34 billion market cap company. The stock decreased 1.33% or $0.32 during the last trading session, reaching $23.78. About 241,005 shares traded. Oceaneering International, Inc. (NYSE:OII) has declined 6.95% since June 14, 2017 and is downtrending. It has underperformed by 19.52% the S&P500. Some Historical OII News: 01/05/2018 – OCEANEERING CEO ROD LARSON SPEAKS AT OFFSHORE TECH. CONFERENCE; 15/05/2018 – Oceaneering Presenting at Conference Tomorrow; 25/04/2018 – Oceaneering Sees 2018 Ebitda $140M-$180M; 02/05/2018 – S&PGR: Oceaneering Downgrade Reflects View Leverage Measures Will Weaken Beyond Our Previous Forecast; 25/04/2018 – Oceaneering 1Q Loss/Shr 50c; 25/04/2018 – OCEANEERING 1Q REV. $416M, EST. $426.9M; 25/04/2018 – OCEANEERING INTERNATIONAL INC – EXPECT RECENT ACQUISITION OF ECOSSE TO BE ACCRETIVE TO 2018 CASH FLOW; 25/04/2018 – OCEANEERING REAFFIRMS FORECAST; 05/04/2018 – Oceaneering Closes Above 50-Day Moving Average: Technicals; 25/04/2018 – Oceaneering 1Q Adj Loss/Shr 41c

Oldfield Partners Llp, which manages about $6.57B and $1.15B US Long portfolio, decreased its stake in Turkcell Iletisim Hiz. (NYSE:TKC) by 117,700 shares to 4.59 million shares, valued at $43.91M in 2018Q1, according to the filing. It also reduced its holding in Embraer Sa (NYSE:ERJ) by 469,000 shares in the quarter, leaving it with 3.21M shares, and cut its stake in Viacom (NASDAQ:VIAB).

Another recent and important Oceaneering International, Inc. (NYSE:OII) news was published by Nasdaq.com which published an article titled: “Wall Street Has Given Up on These 3 Stocks, and That’s a Huge Mistake” on May 30, 2018.

Among 27 analysts covering Oceaneering International (NYSE:OII), 6 have Buy rating, 2 Sell and 19 Hold. Therefore 22% are positive. Oceaneering International had 79 analyst reports since July 23, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Thursday, March 23 by Scotia Capital. RBC Capital Markets downgraded it to “Underperform” rating and $34 target in Friday, December 16 report. Seaport Global downgraded the shares of OII in report on Thursday, December 1 to “Neutral” rating. The company was downgraded on Wednesday, June 21 by Morgan Stanley. The firm has “Hold” rating given on Friday, April 13 by Cowen & Co. Jefferies maintained the shares of OII in report on Thursday, July 20 with “Hold” rating. The firm has “Market Perform” rating given on Tuesday, October 18 by Wells Fargo. The firm has “Buy” rating given on Thursday, December 21 by RBC Capital Markets. On Tuesday, February 27 the stock rating was maintained by Loop Capital with “Hold”. As per Tuesday, March 13, the company rating was maintained by Cowen & Co.

Since December 18, 2017, it had 0 insider purchases, and 1 sale for $5,956 activity.

Investors sentiment increased to 1.19 in Q1 2018. Its up 0.31, from 0.88 in 2017Q4. It is positive, as 20 investors sold OII shares while 70 reduced holdings. 24 funds opened positions while 83 raised stakes. 99.69 million shares or 4.84% more from 95.10 million shares in 2017Q4 were reported. Alliancebernstein Lp has 2.00M shares. Boston Prns owns 267,959 shares for 0.01% of their portfolio. Fifth Third Bank holds 1,091 shares. Hanson And Doremus Management owns 0.12% invested in Oceaneering International, Inc. (NYSE:OII) for 20,674 shares. State Of Wisconsin Invest Board holds 0.01% or 188,439 shares in its portfolio. Hotchkis & Wiley Management Ltd Limited Liability Company owns 67,254 shares. Shell Asset Mngmt, a Netherlands-based fund reported 24,771 shares. Nordea Investment Mngmt accumulated 357,027 shares. Bnp Paribas Arbitrage Sa, New York-based fund reported 12,608 shares. Walleye Trading Limited Liability, a Minnesota-based fund reported 88,527 shares. Opportunities Cap Ltd Llc has 125,623 shares for 1.86% of their portfolio. Optimum Inv holds 0% or 400 shares in its portfolio. Amundi Pioneer Asset owns 0% invested in Oceaneering International, Inc. (NYSE:OII) for 5,304 shares. Dekabank Deutsche Girozentrale holds 1,450 shares. New Jersey Better Educational Savings invested in 16,000 shares or 0.33% of the stock.

Among 33 analysts covering Comcast Corporation (NASDAQ:CMCSA), 24 have Buy rating, 1 Sell and 8 Hold. Therefore 73% are positive. Comcast Corporation had 86 analyst reports since July 27, 2015 according to SRatingsIntel. The rating was maintained by Wunderlich on Wednesday, September 16 with “Buy”. The firm has “Buy” rating given on Friday, January 26 by Guggenheim. The rating was maintained by Barclays Capital with “Overweight” on Wednesday, February 22. The firm has “Buy” rating by Argus Research given on Friday, August 4. Piper Jaffray maintained the shares of CMCSA in report on Tuesday, May 30 with “Buy” rating. Scotia Capital maintained Comcast Corporation (NASDAQ:CMCSA) rating on Friday, April 20. Scotia Capital has “Buy” rating and $4600 target. On Wednesday, July 5 the stock rating was maintained by Macquarie Research with “Buy”. The stock of Comcast Corporation (NASDAQ:CMCSA) earned “Buy” rating by Wunderlich on Wednesday, August 26. The firm has “Buy” rating given on Friday, January 19 by Scotia Capital. Robert W. Baird maintained Comcast Corporation (NASDAQ:CMCSA) rating on Thursday, January 25. Robert W. Baird has “Buy” rating and $44.0 target.

More notable recent Comcast Corporation (NASDAQ:CMCSA) news were published by: Benzinga.com which released: “More Central Bank News As ECB Follows Fed Rate Hike With Tapering Plans” on June 14, 2018, also Seekingalpha.com with their article: “Comcast slashed to Neutral by Raymond James; shares -4.3%” published on June 13, 2018, Investorplace.com published: “Confidently Rush into Comcast Corporation — Fears Are Overblown” on June 14, 2018. More interesting news about Comcast Corporation (NASDAQ:CMCSA) were released by: Nasdaq.com and their article: “Why Twenty-First Century Fox, Enphase Energy, and Korn/Ferry International Jumped Today” published on June 13, 2018 as well as Seekingalpha.com‘s news article titled: “Comcast: Here To Stay, Diversified Or Not” with publication date: June 05, 2018.

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 $2.81B for 13.69 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.

Since December 18, 2017, it had 0 buys, and 10 sales for $40.01 million activity. Shares for $233,430 were sold by BLOCK ARTHUR R. BURKE STEPHEN B sold $8.11M worth of Comcast Corporation (NASDAQ:CMCSA) on Friday, January 26. 691,105 shares valued at $25.24 million were sold by ROBERTS BRIAN L on Tuesday, March 13. Murdock Daniel C. sold $30,411 worth of stock or 916 shares.

Investors sentiment increased to 0.99 in 2018 Q1. Its up 0.06, from 0.93 in 2017Q4. It is positive, as 100 investors sold CMCSA shares while 496 reduced holdings. 111 funds opened positions while 481 raised stakes. 3.67 billion shares or 0.21% more from 3.66 billion shares in 2017Q4 were reported. Franklin holds 37.39 million shares or 0.65% of its portfolio. Farmers Merchants Invests stated it has 0.92% of its portfolio in Comcast Corporation (NASDAQ:CMCSA). Acadian Asset Management Limited Liability Company has invested 0.37% of its portfolio in Comcast Corporation (NASDAQ:CMCSA). First Quadrant LP Ca reported 390,048 shares stake. The Pennsylvania-based Stillwater Capital Advsr Limited Liability Corporation has invested 2.17% in Comcast Corporation (NASDAQ:CMCSA). 509,658 were accumulated by Meag Munich Ergo Kapitalanlagegesellschaft Mbh. Japan-based Nomura Inc has invested 0.2% in Comcast Corporation (NASDAQ:CMCSA). Ativo Cap Llc has 38,146 shares for 0.37% of their portfolio. Proshare Lc reported 0.74% of its portfolio in Comcast Corporation (NASDAQ:CMCSA). Frontier Invest Mgmt Co owns 515,052 shares. Highfields Mngmt LP reported 7.12% of its portfolio in Comcast Corporation (NASDAQ:CMCSA). State Board Of Administration Of Florida Retirement Sys holds 0.61% or 6.50 million shares. Oak Ridge Investments Llc owns 316,022 shares. Tarbox Family Office, California-based fund reported 1,837 shares. Gluskin Sheff & Assoc reported 42,653 shares stake.

Choate Investment Advisors, which manages about $3.44B and $1868.87B US Long portfolio, upped its stake in Ishares Edge Msci Min Vol Emer (EEMV) by 14,297 shares to 539,224 shares, valued at $33.62 billion in 2018Q1, according to the filing. It also increased its holding in Vanguard Long (VGLT) by 9,758 shares in the quarter, for a total of 215,151 shares, and has risen its stake in Powershares Qqq Trust (QQQ).

Comcast Corporation (NASDAQ:CMCSA) Institutional Positions Chart

Leave a Reply

Your email address will not be published. Required fields are marked *