Institutional Investor’s Pro-Comcast Corp (NASDAQ:CMCSA) Sentiment In 2019 Q2

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Sentiment for Comcast Corp (NASDAQ:CMCSA)

Comcast Corp (NASDAQ:CMCSA) institutional sentiment increased to 1.28 in Q2 2019. Its up 0.10, from 1.18 in 2019Q1. The ratio increased, as 644 investment managers increased and started new holdings, while 502 sold and reduced equity positions in Comcast Corp. The investment managers in our partner’s database now have: 3.63 billion shares, down from 3.63 billion shares in 2019Q1. Also, the number of investment managers holding Comcast Corp in their top 10 holdings increased from 101 to 104 for an increase of 3. Sold All: 38 Reduced: 464 Increased: 505 New Position: 139.

Comcast Corporation operates as a media and technology firm worldwide. The company has market cap of $215.69 billion. It operates through Cable Communications, Cable Networks, Broadcast Television, Filmed Entertainment, and Theme Parks divisions. It has a 17.91 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 decreased 0.19% or $0.09 during the last trading session, reaching $46.88. About 9.10M shares traded. Comcast Corporation (NASDAQ:CMCSA) has risen 21.74% since September 13, 2018 and is uptrending. It has outperformed by 21.74% the S&P500.

Analysts await Comcast Corporation (NASDAQ:CMCSA) to report earnings on October, 24. They expect $0.76 EPS, up 16.92 % or $0.11 from last year’s $0.65 per share. CMCSA’s profit will be $3.50B for 15.42 P/E if the $0.76 EPS becomes a reality. After $0.78 actual EPS reported by Comcast Corporation for the previous quarter, Wall Street now forecasts -2.56 % negative EPS growth.

Mediatel Partners holds 88.71% of its portfolio in Comcast Corporation for 5.82 million shares. Consulta Ltd owns 5.75 million shares or 21.39% of their US portfolio. Moreover, Ibis Capital Partners Llp has 16.45% invested in the company for 76,885 shares. The New York-based 3G Capital Partners Lp has invested 15.62% in the stock. Bluespruce Investments Lp, a Illinois-based fund reported 5.85 million shares.

Comcast Corporation (NASDAQ:CMCSA) Ratings Coverage

Ratings analysis reveals 89% of Comcast’s analysts are positive. Out of 9 Wall Street analysts rating Comcast, 8 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. The lowest target is $44 while the high is $52. The stock’s average target of $48.89 is 4.29% above today’s ($46.88) share price. CMCSA was included in 18 notes of analysts from March 29, 2019. The rating was upgraded by Macquarie Research on Tuesday, April 9 to “Outperform”. Morgan Stanley maintained it with “Overweight” rating and $5100 target in Friday, July 26 report. Raymond James maintained the stock with “Outperform” rating in Monday, April 29 report. The firm has “Neutral” rating given on Friday, April 12 by Nomura. The rating was initiated by Macquarie Research on Wednesday, June 19 with “Buy”. The firm earned “Overweight” rating on Friday, April 26 by KeyBanc Capital Markets. The rating was maintained by Morgan Stanley with “Overweight” on Friday, April 26. The firm has “Buy” rating given on Tuesday, June 25 by Credit Suisse. The stock has “Outperform” rating by Wells Fargo on Tuesday, August 27. On Friday, April 26 the stock rating was maintained by Barclays Capital with “Overweight”.

More notable recent Comcast Corporation (NASDAQ:CMCSA) news were published by: Nasdaq.com which released: “Viacom Inc. (VIA) Ex-Dividend Date Scheduled for September 13, 2019 – Nasdaq” on September 12, 2019, also Finance.Yahoo.com with their article: “Comcast Rises 3% – Yahoo Finance” published on September 04, 2019, Finance.Yahoo.com published: “Stocks: Papa John’s Soars in Premarket; J&J, Comcast, Zynga All Rise – Yahoo Finance” on August 27, 2019. More interesting news about Comcast Corporation (NASDAQ:CMCSA) were released by: Nasdaq.com and their article: “Does Disney Need Another Florida Theme Park? – Nasdaq” published on September 04, 2019 as well as Seekingalpha.com‘s news article titled: “ITC to review judge’s Comcast-TiVo patent ruling – Seeking Alpha” with publication date: August 15, 2019.

Comcast Corporation (NASDAQ:CMCSA) Institutional Positions Chart

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