Comcast Corp (NASDAQ:CMCSA) Sentiment Worsens in Q4 2017

April 25, 2018 - By Michael Collier

Comcast Corporation (NASDAQ:CMCSA) Logo

Sentiment for Comcast Corp (NASDAQ:CMCSA)

Comcast Corp (NASDAQ:CMCSA) institutional sentiment decreased to 0.93 in Q4 2017. Its down -0.10, from 1.03 in 2017Q3. The ratio dropped, as 577 investment managers increased and opened new equity positions, while 619 decreased and sold stock positions in Comcast Corp. The investment managers in our partner’s database now have: 3.66 billion shares, up from 3.65 billion shares in 2017Q3. Also, the number of investment managers holding Comcast Corp in their top 10 equity positions decreased from 99 to 98 for a decrease of 1. Sold All: 75 Reduced: 544 Increased: 455 New Position: 122.

Comcast Corporation operates as a media and technology firm worldwide. The company has market cap of $159.03 billion. It operates through Cable Communications, Cable Networks, Broadcast Television, Filmed Entertainment, and Theme Parks divisions. It has a 7.21 P/E ratio. The Cable Communications segment offers video, high-speed Internet, and voice services to residential and business clients under the XFINITY brand.

The stock increased 2.67% or $0.89 during the last trading session, reaching $34.24. About 7.32M shares traded. Comcast Corporation (NASDAQ:CMCSA) has declined 11.10% since April 25, 2017 and is downtrending. It has underperformed by 22.65% the S&P500.

Mediatel Partners holds 86.51% of its portfolio in Comcast Corporation for 5.82 million shares. Consulta Ltd owns 4.25 million shares or 20.11% of their US portfolio. Moreover, Salzman & Co. Inc. has 12.94% invested in the company for 294,835 shares. The United Kingdom-based Ibis Capital Partners Llp has invested 12.26% in the stock. Bluespruce Investments Lp, a Illinois-based fund reported 1.52 million shares.

Since January 1, 0001, it had 0 insider purchases, and 11 insider sales for $62.58 million activity.

Comcast Corporation (NASDAQ:CMCSA) Ratings Coverage

Ratings analysis reveals 75% of Comcast’s analysts are positive. Out of 16 Wall Street analysts rating Comcast, 12 give it “Buy”, 0 “Sell” rating, while 4 recommend “Hold”. The lowest target is $39 while the high is $54. The stock’s average target of $47.07 is 37.47% above today’s ($34.24) share price. CMCSA was included in 22 notes of analysts from October 26, 2017. The stock has “Buy” rating by Scotia Capital on Friday, April 20. Buckingham Research maintained the stock with “Buy” rating in Monday, January 8 report. Robert W. Baird maintained the shares of CMCSA in report on Friday, November 17 with “Buy” rating. The rating was maintained by SunTrust with “Buy” on Wednesday, January 24. The firm has “Buy” rating by Robert W. Baird given on Thursday, January 25. Scotia Capital maintained the stock with “Buy” rating in Friday, January 19 report. The rating was maintained by Guggenheim with “Buy” on Tuesday, December 19. Nomura maintained it with “Buy” rating and $42 target in Friday, October 27 report. The firm has “Hold” rating by Nomura given on Thursday, January 18. The firm has “Buy” rating given on Thursday, October 26 by SunTrust.

Comcast Corporation (NASDAQ:CMCSA) Institutional Positions Chart

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