Armstrong Shaw Associates Decreased Comcast Corp. Cl A (CMCSA) Position By $6.72 Million; Shorts at Penn National Gaming (PENN) Lowered By 20.31%

November 24, 2017 - By Adrian Mccoy

Armstrong Shaw Associates Inc decreased Comcast Corp. Cl A (CMCSA) stake by 37.62% reported in 2017Q2 SEC filing. Armstrong Shaw Associates Inc sold 176,811 shares as Comcast Corp. Cl A (CMCSA)’s stock rose 3.16%. The Armstrong Shaw Associates Inc holds 293,131 shares with $11.41M value, down from 469,942 last quarter. Comcast Corp. Cl A now has $170.13 billion valuation. The stock decreased 0.03% or $0.01 during the last trading session, reaching $36.41. About 1,000 shares traded. Comcast Corporation (NASDAQ:CMCSA) has risen 28.96% since November 24, 2016 and is uptrending. It has outperformed by 12.26% the S&P500.

Penn National Gaming Incorporated (NASDAQ:PENN) had a decrease of 20.31% in short interest. PENN’s SI was 8.61 million shares in November as released by FINRA. Its down 20.31% from 10.80 million shares previously. With 1.19M avg volume, 7 days are for Penn National Gaming Incorporated (NASDAQ:PENN)’s short sellers to cover PENN’s short positions. The SI to Penn National Gaming Incorporated’s float is 11.22%. The stock decreased 1.62% or $0.45 on November 22, reaching $27.38. About shares traded. Penn National Gaming, Inc (NASDAQ:PENN) has risen 33.06% since November 24, 2016 and is uptrending. It has outperformed by 16.36% the S&P500.

Penn National Gaming, Inc. is an owner and manager of gaming and racing facilities, and video gaming terminal activities with a focus on slot machine entertainment. The company has market cap of $2.45 billion. The Firm operates through three divisions: Northeast, South/West and Midwest. It has a 3.13 P/E ratio. The Northeast segment consists of various properties, including Hollywood Casino at Charles Town Races, Hollywood Casino Bangor, Hollywood Casino at Penn National Race Course and Hollywood Casino Toledo.

Investors sentiment decreased to 1.26 in Q2 2017. Its down 0.06, from 1.32 in 2017Q1. It dropped, as 24 investors sold Penn National Gaming, Inc shares while 58 reduced holdings. 39 funds opened positions while 64 raised stakes. 84.67 million shares or 4.03% more from 81.39 million shares in 2017Q1 were reported. Parametric Portfolio Assocs Limited Liability Company reported 234,691 shares or 0.01% of all its holdings. Renaissance Tech Ltd Liability Company reported 929,500 shares. Point72 Asia (Hong Kong) stated it has 1,086 shares. Parametrica Management Limited invested in 11,658 shares or 0.23% of the stock. Ahl Prtn Llp invested in 180,831 shares. Retail Bank Of Montreal Can stated it has 357,311 shares. Janney Montgomery Scott Lc stated it has 0% in Penn National Gaming, Inc (NASDAQ:PENN). Orrstown Financial Svcs has 0% invested in Penn National Gaming, Inc (NASDAQ:PENN). Aperio Group Limited Liability Company accumulated 10,301 shares. Mckinley Cap Mgmt Limited Liability Corp Delaware has 0% invested in Penn National Gaming, Inc (NASDAQ:PENN) for 520 shares. Invesco Limited stated it has 0.03% in Penn National Gaming, Inc (NASDAQ:PENN). Creative Planning accumulated 600 shares. Federated Investors Pa invested 0.01% of its portfolio in Penn National Gaming, Inc (NASDAQ:PENN). California State Teachers Retirement Systems reported 150,218 shares. Virginia Retirement System Et Al reported 26,100 shares.

Among 11 analysts covering Penn National Gaming (NASDAQ:PENN), 4 have Buy rating, 0 Sell and 7 Hold. Therefore 36% are positive. Penn National Gaming had 24 analyst reports since July 21, 2015 according to SRatingsIntel. Deutsche Bank maintained Penn National Gaming, Inc (NASDAQ:PENN) rating on Wednesday, December 7. Deutsche Bank has “Buy” rating and $18 target. The rating was maintained by Telsey Advisory Group on Friday, July 29 with “Outperform”. As per Thursday, October 5, the company rating was maintained by Stifel Nicolaus. On Friday, February 10 the stock rating was initiated by Suntrust Robinson with “Hold”. On Tuesday, October 24 the stock rating was maintained by SunTrust with “Hold”. On Thursday, July 27 the stock rating was maintained by Stifel Nicolaus with “Buy”. The stock of Penn National Gaming, Inc (NASDAQ:PENN) earned “Overweight” rating by Barclays Capital on Monday, November 20. The stock of Penn National Gaming, Inc (NASDAQ:PENN) earned “Buy” rating by Deutsche Bank on Thursday, July 27. On Tuesday, January 12 the stock rating was downgraded by Bank of America to “Neutral”. Stifel Nicolaus maintained the shares of PENN in report on Friday, February 5 with “Buy” rating.

Investors sentiment decreased to 1.01 in Q2 2017. Its down 11.82, from 12.83 in 2017Q1. It turned negative, as 68 investors sold CMCSA shares while 503 reduced holdings. 110 funds opened positions while 468 raised stakes. 3.69 billion shares or 50.72% less from 7.49 billion shares in 2017Q1 were reported. Narwhal Capital Mngmt holds 1.19% of its portfolio in Comcast Corporation (NASDAQ:CMCSA) for 117,500 shares. Ledyard Bancorp accumulated 8,473 shares. Colony Grp Incorporated Ltd Liability Co stated it has 142,158 shares. Greenwood Capital Associates Ltd Co stated it has 0.69% in Comcast Corporation (NASDAQ:CMCSA). Highland Ltd Liability Com invested in 391,557 shares. Mitchell Mcleod Pugh And Williams invested in 1.04% or 35,069 shares. Clifford Swan Invest Counsel Llc invested in 0.06% or 24,563 shares. Uss Investment Mgmt reported 5.24M shares. Fuller Thaler Asset Mgmt holds 0.01% or 17,700 shares in its portfolio. Hotchkis Wiley Mgmt Ltd Liability Co holds 1.09% of its portfolio in Comcast Corporation (NASDAQ:CMCSA) for 7.00 million shares. Washington Mgmt stated it has 10,000 shares. New England Private Wealth Lc holds 0.06% or 5,250 shares in its portfolio. Cue Fincl Grp invested in 7,384 shares. Optimum Advsr reported 7,263 shares. Clearbridge Invs Ltd Company invested in 3.7% or 96.61 million shares.

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