Louisiana State Employees Retirement System Decreased By $452,000 Its Comcast New (CMCSA) Stake; MIDAS GOLD CORPORATION ORDINARY SHARES (MDRPF) Shorts Up By 6.34%

May 21, 2018 - By Clifton Ray

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Louisiana State Employees Retirement System decreased Comcast Corp New (CMCSA) stake by 3.85% reported in 2017Q4 SEC filing. Louisiana State Employees Retirement System sold 11,300 shares as Comcast Corp New (CMCSA)’s stock declined 19.10%. The Louisiana State Employees Retirement System holds 282,400 shares with $11.31 million value, down from 293,700 last quarter. Comcast Corp New now has $150.57B valuation. The stock increased 0.96% or $0.31 during the last trading session, reaching $32.72. About 14.02M shares traded. Comcast Corporation (NASDAQ:CMCSA) has declined 11.10% since May 21, 2017 and is downtrending. It has underperformed by 22.65% the S&P500.

MIDAS GOLD CORPORATION ORDINARY SHARES (OTCMKTS:MDRPF) had an increase of 6.34% in short interest. MDRPF’s SI was 295,300 shares in May as released by FINRA. Its up 6.34% from 277,700 shares previously. With 468,300 avg volume, 1 days are for MIDAS GOLD CORPORATION ORDINARY SHARES (OTCMKTS:MDRPF)’s short sellers to cover MDRPF’s short positions. The SI to MIDAS GOLD CORPORATION ORDINARY SHARES’s float is 0.16%. The stock decreased 2.31% or $0.02 during the last trading session, reaching $0.89. About shares traded. Midas Gold Corp. (OTCMKTS:MDRPF) has 0.00% since May 21, 2017 and is . It has underperformed by 11.55% the S&P500.

More notable recent Comcast Corporation (NASDAQ:CMCSA) news were published by: Fool.com which released: “Will Comcast Spoil Disney’s Plans for Entertainment Dominance?” on May 19, 2018, also Nasdaq.com with their article: “Disney World’s Top Rival Is Losing Momentum” published on May 19, 2018, Bizjournals.com published: “Universal’s Halloween Horror Nights unveils latest haunted house” on May 16, 2018. More interesting news about Comcast Corporation (NASDAQ:CMCSA) were released by: Bizjournals.com and their article: “Tired of lines for theme park rides? Universal Orlando has patented a new tech that may shorten the wait” published on May 16, 2018 as well as Seekingalpha.com‘s news article titled: “Comcast Stock Decline Ignores Continuing Moves To Diversify” with publication date: May 01, 2018.

Analysts await Comcast Corporation (NASDAQ:CMCSA) to report earnings on July, 26. They expect $0.61 EPS, up 17.31% or $0.09 from last year’s $0.52 per share. CMCSA’s profit will be $2.81 billion for 13.41 P/E if the $0.61 EPS becomes a reality. After $0.62 actual EPS reported by Comcast Corporation for the previous quarter, Wall Street now forecasts -1.61% negative EPS growth.

Among 32 analysts covering Comcast Corporation (NASDAQ:CMCSA), 24 have Buy rating, 1 Sell and 7 Hold. Therefore 75% are positive. Comcast Corporation had 84 analyst reports since July 27, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Thursday, January 19 by HSBC. Nomura initiated the stock with “Buy” rating in Tuesday, December 8 report. The stock has “Buy” rating by Scotia Capital on Friday, January 19. On Friday, November 17 the stock rating was maintained by Robert W. Baird with “Buy”. Argus Research maintained it with “Buy” rating and $48 target in Friday, August 4 report. Nomura maintained Comcast Corporation (NASDAQ:CMCSA) rating on Monday, June 27. Nomura has “Buy” rating and $73 target. The rating was initiated by KeyBanc Capital Markets on Wednesday, May 16 with “Buy”. The firm has “Buy” rating by Oppenheimer given on Thursday, July 27. Argus Research upgraded it to “Buy” rating and $72 target in Friday, February 5 report. The stock has “Outperform” rating by RBC Capital Markets on Tuesday, January 31.

Since December 14, 2017, it had 0 insider buys, and 11 sales for $62.58 million activity. BLOCK ARTHUR R had sold 16,025 shares worth $540,052. The insider ROBERTS BRIAN L sold $25.24 million. 131,447 shares valued at $4.84M were sold by WATSON DAVID N on Tuesday, March 6. On Friday, March 16 the insider Murdock Daniel C. sold $67,320. Shares for $8.11 million were sold by BURKE STEPHEN B on Friday, January 26.

Investors sentiment decreased to 0.93 in Q4 2017. Its down 0.10, from 1.03 in 2017Q3. It dived, as 75 investors sold CMCSA shares while 544 reduced holdings. 122 funds opened positions while 455 raised stakes. 3.66 billion shares or 0.28% more from 3.65 billion shares in 2017Q3 were reported. Japan-based Sumitomo Mitsui Asset Mngmt has invested 0.2% in Comcast Corporation (NASDAQ:CMCSA). First Business Svcs owns 17,800 shares or 0.13% of their US portfolio. Aspiriant Ltd Company holds 9,807 shares or 0.12% of its portfolio. Stanley owns 24,518 shares or 0.21% of their US portfolio. Baystate Wealth Limited Liability Com, a Massachusetts-based fund reported 4,595 shares. Veritas Invest Management (Uk) invested in 7.64% or 517,159 shares. 230,460 are held by Susquehanna Interest Llp. Lockheed Martin Investment Management Company stated it has 0.13% of its portfolio in Comcast Corporation (NASDAQ:CMCSA). Blair William & Company Il invested in 0.12% or 457,700 shares. Arizona State Retirement Systems accumulated 0.5% or 1.29M shares. Arrowstreet Cap Limited Partnership has 17.07 million shares for 1.64% of their portfolio. Advisor Limited Liability Com owns 107,589 shares or 0.82% of their US portfolio. Act Ii Lp stated it has 218,400 shares. Roundview Ltd Limited Liability Company owns 5,611 shares. Narwhal Capital Mgmt accumulated 171,750 shares or 1.58% of the stock.

Louisiana State Employees Retirement System increased Insperity Inc (NYSE:NSP) stake by 8,500 shares to 16,000 valued at $918,000 in 2017Q4. It also upped Centurylink Inc (NYSE:CTL) stake by 24,600 shares and now owns 58,900 shares. Columbia Bkg Sys Inc (NASDAQ:COLB) was raised too.

Midas Gold Corp. engages in the acquisition, exploration, and development of mineral properties in the United States. The company has market cap of $208.90 million. It primarily explores for gold, antimony, and silver deposits in the Stibnite-Yellow Pine district of central Idaho. It currently has negative earnings. The companyÂ’s principal mineral project is the Stibnite gold project, which include Yellow Pine, Hangar Flats, and West End deposits comprising approximately 11,548 hectares of unpatented and patented claims located in Valley County, Idaho.

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