Moodys (MCO) Shareholder Echo Street Capital Management Has Boosted Its Holding by $8.66 Million as Market Value Rose; Karpas Strategies Decreased Comcast Cl A (CMCSA) Holding by $306,280 as Valuation Declined

May 22, 2018 - By wolcottdaily

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Karpas Strategies Llc decreased its stake in Comcast Corp Cl A (CMCSA) by 5.99% based on its latest 2017Q4 regulatory filing with the SEC. Karpas Strategies Llc sold 7,657 shares as the company’s stock declined 19.10% with the market. The institutional investor held 120,183 shares of the television services company at the end of 2017Q4, valued at $4.81M, down from 127,840 at the end of the previous reported quarter. Karpas Strategies Llc who had been investing in Comcast Corp Cl A for a number of months, seems to be less bullish one the $150.27 billion market cap company. The stock increased 0.98% or $0.32 during the last trading session, reaching $32.66. About 5.07 million shares traded. Comcast Corporation (NASDAQ:CMCSA) has declined 11.10% since May 22, 2017 and is downtrending. It has underperformed by 22.65% the S&P500.




Greg Poole increased its stake in Moodys Corp (MCO) by 99.32% based on its latest 2017Q4 regulatory filing with the SEC. Echo Street Capital Management Llc bought 58,896 shares as the company’s stock rose 8.54% while stock markets declined. The hedge fund run by Greg Poole held 118,193 shares of the consumer services company at the end of 2017Q4, valued at $17.45M, up from 59,297 at the end of the previous reported quarter. Echo Street Capital Management Llc who had been investing in Moodys Corp for a number of months, seems to be bullish on the $33.50 billion market cap company. The stock decreased 0.31% or $0.54 during the last trading session, reaching $174.55. About 139,363 shares traded. Moody's Corporation (NYSE:MCO) has risen 43.20% since May 22, 2017 and is uptrending. It has outperformed by 31.65% the S&P500.

Investors sentiment increased to 1.35 in Q4 2017. Its up 0.34, from 1.01 in 2017Q3. It improved, as 28 investors sold MCO shares while 162 reduced holdings. 84 funds opened positions while 172 raised stakes. 158.40 million shares or 0.16% more from 158.15 million shares in 2017Q3 were reported. M&T Bank reported 28,725 shares. 5.69M were accumulated by Akre Cap Lc. Veritas Invest Management (Uk) Limited accumulated 39,230 shares. The California-based Aperio Gru Llc has invested 0.06% in Moody's Corporation (NYSE:MCO). Benjamin F Edwards Communications Inc holds 0% of its portfolio in Moody's Corporation (NYSE:MCO) for 100 shares. Denali Advsr Limited Liability Corp holds 19,600 shares or 0.45% of its portfolio. Congress Asset Mgmt Com Ma holds 0.15% or 67,916 shares in its portfolio. Ontario Teachers Pension Plan Board holds 0.15% in Moody's Corporation (NYSE:MCO) or 80,586 shares. Of Vermont has 1,172 shares. The Pennsylvania-based Pitcairn has invested 0.02% in Moody's Corporation (NYSE:MCO). Covington Cap Mngmt invested 0.02% in Moody's Corporation (NYSE:MCO). Chicago Equity Prns Ltd Limited Liability Company owns 3,540 shares for 0.02% of their portfolio. Agf Investments reported 1.03M shares. Atlantic Trust Grp Incorporated Limited Com has 73,560 shares. Pictet Cie (Europe) Sa holds 0.07% or 3,580 shares in its portfolio.

Since November 22, 2017, it had 0 insider purchases, and 12 selling transactions for $24.05 million activity. Another trade for 10,000 shares valued at $1.73M was made by MCDANIEL RAYMOND W on Monday, May 14. 898 shares were sold by Crimmins Michael S, worth $155,763 on Friday, May 11. $1.02 million worth of Moody's Corporation (NYSE:MCO) shares were sold by Worrall Blair. Fauber Robert sold $808 worth of stock. On Wednesday, November 22 Almeida Mark sold $10.11 million worth of Moody's Corporation (NYSE:MCO) or 62,500 shares. Shares for $727,259 were sold by Cantor Richard.

Echo Street Capital Management Llc, which manages about $2.68 billion and $3.31 billion US Long portfolio, decreased its stake in Kraft Heinz Co by 19,148 shares to 176,253 shares, valued at $13.71 million in 2017Q4, according to the filing. It also reduced its holding in Starbucks Corp (NASDAQ:SBUX) by 298,436 shares in the quarter, leaving it with 119,037 shares, and cut its stake in Extra Space Storage Inc (NYSE:EXR).

More notable recent Moody's Corporation (NYSE:MCO) news were published by: Seekingalpha.com which released: “Moody’s Corporation 2018 Q1 – Results – Earnings Call Slides” on April 30, 2018, also Streetinsider.com with their article: “Moody’s Corp. (MCO) Reports Election of Vincent Forlenza and Gerrit Zalm to Board” published on April 25, 2018, Streetinsider.com published: “Buffett’s Berkshire 13F Confirms Increase in Apple (AAPL) Stake Along with Increase in Holdings of Teva (TEVA) (More…)” on May 15, 2018. More interesting news about Moody's Corporation (NYSE:MCO) were released by: Businesswire.com and their article: “Moody’s Analytics Drives Financial Services Innovation in Europe” published on May 22, 2018 as well as Seekingalpha.com‘s news article titled: “Moody’s (MCO) CEO Ray McDaniel on Q1 2018 Results – Earnings Call Transcript” with publication date: April 28, 2018.

Among 14 analysts covering Moody’s (NYSE:MCO), 3 have Buy rating, 0 Sell and 11 Hold. Therefore 21% are positive. Moody’s had 55 analyst reports since October 5, 2015 according to SRatingsIntel. Morgan Stanley maintained Moody's Corporation (NYSE:MCO) on Friday, October 6 with “Equal-Weight” rating. The firm earned “Buy” rating on Monday, October 5 by Argus Research. Cantor Fitzgerald maintained the stock with “Neutral” rating in Monday, February 12 report. BMO Capital Markets maintained Moody's Corporation (NYSE:MCO) rating on Monday, November 6. BMO Capital Markets has “Market Perform” rating and $146 target. As per Wednesday, September 6, the company rating was maintained by BMO Capital Markets. The stock of Moody's Corporation (NYSE:MCO) has “Hold” rating given on Wednesday, June 28 by Barclays Capital. The rating was maintained by Barclays Capital with “Overweight” on Monday, February 12. Wells Fargo maintained the stock with “Hold” rating in Monday, February 12 report. The company was maintained on Monday, February 8 by Barclays Capital. As per Tuesday, November 17, the company rating was upgraded by UBS.

More notable recent Comcast Corporation (NASDAQ:CMCSA) news were published by: Bizjournals.com which released: “Universal’s Halloween Horror Nights unveils latest haunted house” on May 16, 2018, also Seekingalpha.com with their article: “Comcast Stock Decline Ignores Continuing Moves To Diversify” published on May 01, 2018, Fool.com published: “Will Comcast Spoil Disney’s Plans for Entertainment Dominance?” on May 19, 2018. More interesting news about Comcast Corporation (NASDAQ:CMCSA) were released by: Nasdaq.com and their article: “Disney World’s Top Rival Is Losing Momentum” published on May 19, 2018 as well as Nasdaq.com‘s news article titled: “As Comcast Torpedoes Disney’s Fox Deal, Which Stocks Emerge a Buy?” with publication date: May 15, 2018.

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. As per Wednesday, May 16, the company rating was initiated by KeyBanc Capital Markets. The firm has “Buy” rating by Pivotal Research given on Thursday, January 26. On Friday, January 13 the stock rating was upgraded by Deutsche Bank to “Buy”. The rating was maintained by Jefferies with “Buy” on Thursday, July 6. The stock of Comcast Corporation (NASDAQ:CMCSA) has “Buy” rating given on Wednesday, January 24 by SunTrust. As per Monday, January 8, the company rating was maintained by Buckingham Research. The firm earned “Buy” rating on Friday, October 27 by Nomura. Telsey Advisory Group maintained the stock with “Outperform” rating in Friday, August 19 report. Barclays Capital maintained Comcast Corporation (NASDAQ:CMCSA) on Friday, October 27 with “Overweight” rating. UBS maintained the shares of CMCSA in report on Thursday, March 22 with “Buy” rating.

Investors sentiment decreased to 0.93 in 2017 Q4. Its down 0.10, from 1.03 in 2017Q3. It turned negative, 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. Woodstock Corporation invested in 190,809 shares or 1.41% of the stock. Moreover, Cleararc has 0.65% invested in Comcast Corporation (NASDAQ:CMCSA). Nwi Mngmt Limited Partnership holds 4.35% or 1.04M shares in its portfolio. Moreover, Da Davidson & has 0.28% invested in Comcast Corporation (NASDAQ:CMCSA). 11,682 are held by Benjamin F Edwards &. Koshinski Asset Mngmt Incorporated has 10,430 shares for 0.1% of their portfolio. Td Cap Ltd Liability Co accumulated 1,270 shares. Eagle Cap Mngmt Ltd invested in 0% or 24,000 shares. Tpg Gp (Sbs), Texas-based fund reported 83,735 shares. Budros Ruhlin And Roe, a Ohio-based fund reported 5,616 shares. Moreover, Eqis Capital Mgmt has 0.04% invested in Comcast Corporation (NASDAQ:CMCSA) for 21,021 shares. Cullen Frost Bankers Inc invested in 0.46% or 364,639 shares. Mckinley Carter Wealth accumulated 7,072 shares. Arrow Financial, a New York-based fund reported 2,265 shares. Foothills Asset has invested 1.58% of its portfolio in Comcast Corporation (NASDAQ:CMCSA).

Analysts await Comcast Corporation (NASDAQ:CMCSA) to report earnings on July, 26. They expect $0.61 earnings per share, up 17.31% or $0.09 from last year’s $0.52 per share. CMCSA’s profit will be $2.81 billion for 13.39 P/E if the $0.61 EPS becomes a reality. After $0.62 actual earnings per share reported by Comcast Corporation for the previous quarter, Wall Street now forecasts -1.61% negative EPS growth.

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