As Comcast New (CMCSA) Valuation Declined, Shareholder Mariner Wealth Advisors Has Lowered Position; Philip Morris Intl (PM) Market Valuation Declined While Pinnacle Advisory Group Has Lowered Its Stake by $917,070

April 24, 2018 - By Ellis Scott

Philip Morris International Inc. (NYSE:PM) Logo

Pinnacle Advisory Group Inc decreased its stake in Philip Morris Intl Inc (PM) by 19.74% based on its latest 2017Q4 regulatory filing with the SEC. Pinnacle Advisory Group Inc sold 8,734 shares as the company’s stock declined 7.57% with the market. The institutional investor held 35,519 shares of the farming and seeds and milling company at the end of 2017Q4, valued at $3.75 million, down from 44,253 at the end of the previous reported quarter. Pinnacle Advisory Group Inc who had been investing in Philip Morris Intl Inc for a number of months, seems to be less bullish one the $127.00B market cap company. The stock decreased 2.36% or $1.9725 during the last trading session, reaching $81.6975. About 10.43 million shares traded or 60.67% up from the average. Philip Morris International Inc. (NYSE:PM) has declined 13.93% since April 24, 2017 and is downtrending. It has underperformed by 25.48% the S&P500.

Mariner Wealth Advisors Llc decreased its stake in Comcast Corp New (CMCSA) by 15.02% based on its latest 2017Q4 regulatory filing with the SEC. Mariner Wealth Advisors Llc sold 11,374 shares as the company’s stock declined 19.10% with the market. The institutional investor held 64,340 shares of the television services company at the end of 2017Q4, valued at $2.58M, down from 75,714 at the end of the previous reported quarter. Mariner Wealth Advisors Llc who had been investing in Comcast Corp New for a number of months, seems to be less bullish one the $155.22 billion market cap company. The stock decreased 1.33% or $0.4499 during the last trading session, reaching $33.4201. About 16.22M shares traded. Comcast Corporation (NASDAQ:CMCSA) has declined 11.10% since April 24, 2017 and is downtrending. It has underperformed by 22.65% the S&P500.

Analysts await Comcast Corporation (NASDAQ:CMCSA) to report earnings on April, 25 before the open. They expect $0.59 EPS, up 11.32% or $0.06 from last year’s $0.53 per share. CMCSA’s profit will be $2.74 billion for 14.16 P/E if the $0.59 EPS becomes a reality. After $0.49 actual EPS reported by Comcast Corporation for the previous quarter, Wall Street now forecasts 20.41% EPS growth.

Among 32 analysts covering Comcast Corporation (NASDAQ:CMCSA), 23 have Buy rating, 1 Sell and 8 Hold. Therefore 72% are positive. Comcast Corporation had 83 analyst reports since July 27, 2015 according to SRatingsIntel. As per Wednesday, February 28, the company rating was downgraded by Macquarie Research. The stock has “Buy” rating by Scotia Capital on Friday, April 20. Macquarie Research maintained Comcast Corporation (NASDAQ:CMCSA) rating on Wednesday, July 5. Macquarie Research has “Buy” rating and $4600 target. RBC Capital Markets maintained the stock with “Outperform” rating in Thursday, April 28 report. The stock has “Buy” rating by Robert W. Baird on Thursday, January 25. Buckingham Research maintained the shares of CMCSA in report on Monday, January 8 with “Buy” rating. As per Wednesday, November 11, the company rating was initiated by Suntrust Robinson. RBC Capital Markets maintained Comcast Corporation (NASDAQ:CMCSA) rating on Thursday, February 4. RBC Capital Markets has “Outperform” rating and $67 target. The rating was downgraded by Pacific Crest on Friday, January 27 to “Sector Weight”. As per Friday, September 8, the company rating was maintained by RBC Capital Markets.

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. Tru Company Of Vermont accumulated 108,616 shares. 51,820 are held by Paradigm Asset Mgmt Communications Limited Com. Live Your Vision Lc owns 456 shares for 0.01% of their portfolio. Old Second Bank & Trust Of Aurora holds 0.07% of its portfolio in Comcast Corporation (NASDAQ:CMCSA) for 4,408 shares. Williams Jones & Assoc Ltd Llc, a New York-based fund reported 1.67M shares. Burt Wealth Advisors invested 0.13% in Comcast Corporation (NASDAQ:CMCSA). Gvo Asset Mgmt Limited reported 7.93% stake. Goodnow Invest Gru Lc owns 25,010 shares or 0.18% of their US portfolio. Gradient Llc reported 0.01% in Comcast Corporation (NASDAQ:CMCSA). Levin Capital Strategies Ltd Partnership owns 111,369 shares for 0.08% of their portfolio. Palladium Prtn Ltd Company accumulated 307,978 shares or 0.89% of the stock. 242 are owned by Contravisory Mgmt Inc. 969 were reported by Jnba Fincl Advsrs. 76,269 are held by Northeast Invest. Moreover, First Republic Invest has 0.51% invested in Comcast Corporation (NASDAQ:CMCSA).

Mariner Wealth Advisors Llc, which manages about $2.11B and $2.58B US Long portfolio, upped its stake in International Business Machs (NYSE:IBM) by 6,883 shares to 26,370 shares, valued at $4.05M in 2017Q4, according to the filing. It also increased its holding in Norfolk Southern Corp (NYSE:NSC) by 3,483 shares in the quarter, for a total of 9,331 shares, and has risen its stake in Ishares Tr (IJJ).

Since December 14, 2017, it had 0 buys, and 11 insider sales for $62.58 million activity. BLOCK ARTHUR R also sold $87,968 worth of Comcast Corporation (NASDAQ:CMCSA) on Friday, March 16. $22.57M worth of Comcast Corporation (NASDAQ:CMCSA) shares were sold by ROBERTS BRIAN L. Murdock Daniel C. had sold 1,891 shares worth $67,320 on Friday, March 16. Shares for $4.84 million were sold by WATSON DAVID N.

Among 21 analysts covering Philip Morris International (NYSE:PM), 16 have Buy rating, 1 Sell and 4 Hold. Therefore 76% are positive. Philip Morris International had 61 analyst reports since August 24, 2015 according to SRatingsIntel. On Tuesday, April 19 the stock rating was maintained by JP Morgan with “Neutral”. Piper Jaffray maintained Philip Morris International Inc. (NYSE:PM) rating on Thursday, January 11. Piper Jaffray has “Buy” rating and $137.0 target. The firm earned “Buy” rating on Wednesday, November 15 by Wells Fargo. The firm has “Hold” rating by Jefferies given on Friday, October 20. Jefferies maintained the shares of PM in report on Wednesday, October 5 with “Hold” rating. CLSA upgraded Philip Morris International Inc. (NYSE:PM) on Monday, November 14 to “Buy” rating. Citigroup upgraded the shares of PM in report on Wednesday, February 28 to “Buy” rating. The stock has “Underperform” rating by Bank of America on Friday, April 20. The stock of Philip Morris International Inc. (NYSE:PM) earned “Buy” rating by Cowen & Co on Friday, October 20. The rating was maintained by Cowen & Co with “Buy” on Monday, August 21.

Since February 21, 2018, it had 0 insider purchases, and 2 sales for $6.51 million activity. On Wednesday, February 21 FIRESTONE MARC S sold $1.43 million worth of Philip Morris International Inc. (NYSE:PM) or 13,650 shares.

Pinnacle Advisory Group Inc, which manages about $1.22B and $1.72B US Long portfolio, upped its stake in Pimco Etf Tr (MINT) by 43,077 shares to 720,846 shares, valued at $73.21 million in 2017Q4, according to the filing. It also increased its holding in First Tr Exchange Traded Fd by 15,263 shares in the quarter, for a total of 510,500 shares, and has risen its stake in Schwab Strategic Tr (SCHP).

Philip Morris International Inc. (NYSE:PM) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By1 Ellis Scott

Automatic Stock Updates

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter:








Recent Posts