Clarivest Asset Management Decreased Its Comcast New (CMCSA) Stake as Stock Value Rose; Shareholder Markston International Lifted American International Group (AIG) Position

February 18, 2018 - By Hazel Jackson

Clarivest Asset Management Llc decreased its stake in Comcast Corp New (CMCSA) by 16.02% based on its latest 2017Q3 regulatory filing with the SEC. Clarivest Asset Management Llc sold 235,420 shares as the company’s stock rose 3.16% with the market. The institutional investor held 1.23M shares of the television services company at the end of 2017Q3, valued at $47.48M, down from 1.47 million at the end of the previous reported quarter. Clarivest Asset Management Llc who had been investing in Comcast Corp New for a number of months, seems to be less bullish one the $184.81 billion market cap company. The stock decreased 0.72% or $0.29 during the last trading session, reaching $39.79. About 22.56M shares traded. Comcast Corporation (NASDAQ:CMCSA) has risen 28.96% since February 18, 2017 and is uptrending. It has outperformed by 12.26% the S&P500.

Markston International Llc increased its stake in American International Group (AIG) by 7.03% based on its latest 2017Q3 regulatory filing with the SEC. Markston International Llc bought 11,889 shares as the company’s stock declined 2.08% while stock markets rallied. The institutional investor held 181,061 shares of the finance company at the end of 2017Q3, valued at $11.12M, up from 169,172 at the end of the previous reported quarter. Markston International Llc who had been investing in American International Group for a number of months, seems to be bullish on the $53.46B market cap company. The stock increased 0.41% or $0.24 during the last trading session, reaching $59.47. About 6.83 million shares traded or 19.64% up from the average. American International Group, Inc. (NYSE:AIG) has risen 8.59% since February 18, 2017 and is uptrending. It has underperformed by 8.11% the S&P500.




Markston International Llc, which manages about $1.63B and $974.38 million US Long portfolio, decreased its stake in Merck & Co. Inc. (NYSE:MRK) by 5,890 shares to 106,678 shares, valued at $6.83 million in 2017Q3, according to the filing. It also reduced its holding in Eog Resources Inc. (NYSE:EOG) by 8,945 shares in the quarter, leaving it with 39,560 shares, and cut its stake in W.R. Berkley Corporation (NYSE:WRB).

Investors sentiment increased to 0.79 in 2017 Q3. Its up 0.15, from 0.64 in 2017Q2. It increased, as 72 investors sold AIG shares while 293 reduced holdings. 78 funds opened positions while 211 raised stakes. 748.00 million shares or 0.80% more from 742.03 million shares in 2017Q2 were reported. Connor Clark & Lunn Invest Mngmt holds 224,825 shares. Smith Asset Mngmt Grp Ltd Partnership has invested 0% in American International Group, Inc. (NYSE:AIG). Federated Invsts Pa accumulated 0.24% or 1.37 million shares. Mcclain Value Mngmt accumulated 4.14% or 47,897 shares. Jefferies Gru holds 0.08% or 189,359 shares. Starr Int Com has 85.9% invested in American International Group, Inc. (NYSE:AIG). Hartford Investment Management has 223,599 shares. Bankshares Of Nova Scotia invested in 507,893 shares or 0.18% of the stock. Lenox Wealth Advsr owns 6 shares for 0% of their portfolio. Bbva Compass State Bank invested in 0.1% or 25,629 shares. Moreover, Us Bank & Trust De has 0.01% invested in American International Group, Inc. (NYSE:AIG) for 53,638 shares. 929,974 were accumulated by Bridgeway Capital Mgmt Inc. Aviance Partners Ltd Com owns 5,000 shares. Seizert Capital Partners Ltd Com reported 0.85% in American International Group, Inc. (NYSE:AIG). Loeb reported 7,500 shares stake.

Among 21 analysts covering American International Group (NYSE:AIG), 13 have Buy rating, 2 Sell and 6 Hold. Therefore 62% are positive. American International Group had 72 analyst reports since August 5, 2015 according to SRatingsIntel. The firm has “Buy” rating by Credit Suisse given on Monday, January 22. On Tuesday, May 30 the stock rating was maintained by RBC Capital Markets with “Buy”. RBC Capital Markets maintained the shares of AIG in report on Tuesday, September 5 with “Buy” rating. FBR Capital maintained the shares of AIG in report on Tuesday, May 10 with “Mkt Perform” rating. Atlantic Securities downgraded American International Group, Inc. (NYSE:AIG) on Wednesday, November 4 to “Underweight” rating. The rating was upgraded by Morgan Stanley to “Overweight” on Tuesday, May 16. On Wednesday, August 5 the stock rating was maintained by Citigroup with “Buy”. Keefe Bruyette & Woods maintained the shares of AIG in report on Monday, December 4 with “Buy” rating. The company was maintained on Thursday, August 24 by Deutsche Bank. The firm earned “Buy” rating on Friday, February 9 by Bank of America.

Among 31 analysts covering Comcast Corporation (NASDAQ:CMCSA), 24 have Buy rating, 1 Sell and 6 Hold. Therefore 77% are positive. Comcast Corporation had 79 analyst reports since July 27, 2015 according to SRatingsIntel. The stock of Comcast Corporation (NASDAQ:CMCSA) earned “Buy” rating by Goldman Sachs on Wednesday, May 4. The rating was upgraded by Moffett Nathanson on Tuesday, September 12 to “Buy”. The firm has “Buy” rating by Moffett Nathanson given on Thursday, January 18. Scotia Capital maintained the shares of CMCSA in report on Friday, January 19 with “Buy” rating. The firm has “Buy” rating given on Monday, June 26 by Pivotal Research. Wunderlich maintained Comcast Corporation (NASDAQ:CMCSA) on Wednesday, September 16 with “Buy” rating. Wells Fargo maintained Comcast Corporation (NASDAQ:CMCSA) rating on Monday, October 23. Wells Fargo has “Buy” rating and $49.0 target. Nomura initiated the shares of CMCSA in report on Tuesday, December 8 with “Buy” rating. The firm has “Buy” rating by Oppenheimer given on Monday, August 14. The rating was maintained by SunTrust on Thursday, October 26 with “Buy”.

Clarivest Asset Management Llc, which manages about $3.41B and $4.49 billion US Long portfolio, upped its stake in Oshkosh Corp (NYSE:OSK) by 29,945 shares to 253,114 shares, valued at $20.89 million in 2017Q3, according to the filing. It also increased its holding in Johnson Outdoors Inc (NASDAQ:JOUT) by 8,096 shares in the quarter, for a total of 11,696 shares, and has risen its stake in Tata Mtrs Ltd (NYSE:TTM).

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