Berry Global Group (BERY) Holder Capstone Investment Advisors Has Cut Stake by $476,470; Baker Ellis Asset Management Boosted Its Comcast (CMCSA) Stake

May 20, 2018 - By Louis Casey

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Baker Ellis Asset Management Llc increased its stake in Comcast Corporation (CMCSA) by 20.55% based on its latest 2017Q4 regulatory filing with the SEC. Baker Ellis Asset Management Llc bought 11,490 shares as the company’s stock declined 19.10% with the market. The institutional investor held 67,416 shares of the television services company at the end of 2017Q4, valued at $2.70M, up from 55,926 at the end of the previous reported quarter. Baker Ellis Asset Management Llc who had been investing in Comcast Corporation for a number of months, seems to be bullish on the $150.57B market cap company. 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 20, 2017 and is downtrending. It has underperformed by 22.65% the S&P500.

Capstone Investment Advisors Llc decreased its stake in Berry Global Group Inc (BERY) by 44.66% based on its latest 2017Q4 regulatory filing with the SEC. Capstone Investment Advisors Llc sold 8,215 shares as the company’s stock declined 8.64% with the market. The hedge fund held 10,181 shares of the plastic products company at the end of 2017Q4, valued at $597,000, down from 18,396 at the end of the previous reported quarter. Capstone Investment Advisors Llc who had been investing in Berry Global Group Inc for a number of months, seems to be less bullish one the $6.37B market cap company. The stock increased 1.73% or $0.82 during the last trading session, reaching $48.35. About 1.63 million shares traded or 31.99% up from the average. Berry Global Group, Inc. (NYSE:BERY) has risen 13.96% since May 20, 2017 and is uptrending. It has outperformed by 2.41% the S&P500.

Capstone Investment Advisors Llc, which manages about $16.83 billion and $3.54B US Long portfolio, upped its stake in Ishares Inc (Call) (EWY) by 59,900 shares to 312,900 shares, valued at $23.45 million in 2017Q4, according to the filing. It also increased its holding in Mcdermott Intl Inc (Call) (NYSE:MDR) by 339,482 shares in the quarter, for a total of 350,200 shares, and has risen its stake in Macquarie Infrastructure Cor (NYSE:MIC).

Among 16 analysts covering Berry Plastics Group Inc (NYSE:BERY), 14 have Buy rating, 0 Sell and 2 Hold. Therefore 88% are positive. Berry Plastics Group Inc had 61 analyst reports since August 3, 2015 according to SRatingsIntel. The rating was maintained by Citigroup with “Buy” on Monday, November 20. Bank of America maintained Berry Global Group, Inc. (NYSE:BERY) rating on Thursday, February 8. Bank of America has “Buy” rating and $74 target. BMO Capital Markets maintained the stock with “Hold” rating in Wednesday, July 19 report. The firm has “Outperform” rating given on Friday, April 27 by Credit Suisse. The stock of Berry Global Group, Inc. (NYSE:BERY) earned “Buy” rating by SunTrust on Thursday, September 28. The rating was maintained by Citigroup on Thursday, April 5 with “Buy”. The stock has “Hold” rating by BMO Capital Markets on Friday, August 25. The firm has “Buy” rating given on Wednesday, September 2 by Citigroup. The firm has “Market Perform” rating by BMO Capital Markets given on Monday, November 20. On Friday, August 26 the stock rating was maintained by BMO Capital Markets with “Market Perform”.

Investors sentiment increased to 1.23 in Q4 2017. Its up 0.13, from 1.1 in 2017Q3. It is positive, as 30 investors sold BERY shares while 97 reduced holdings. 48 funds opened positions while 108 raised stakes. 119.05 million shares or 2.22% less from 121.75 million shares in 2017Q3 were reported. Barclays Public Ltd Liability Com reported 27,796 shares or 0% of all its holdings. Public Employees Retirement Association Of Colorado reported 19,366 shares or 0.01% of all its holdings. The Massachusetts-based Rhumbline Advisers has invested 0.02% in Berry Global Group, Inc. (NYSE:BERY). Ubs Oconnor Ltd Com accumulated 122,146 shares or 0.22% of the stock. First Republic Inv Management holds 0.01% of its portfolio in Berry Global Group, Inc. (NYSE:BERY) for 19,884 shares. Paloma Mgmt Company stated it has 0.01% in Berry Global Group, Inc. (NYSE:BERY). Deutsche Savings Bank Ag reported 644,641 shares. Greenwood Cap Associates Ltd Liability Co accumulated 4,122 shares or 0.06% of the stock. 234 are held by Monroe Bankshares Tru Mi. Zurcher Kantonalbank (Zurich Cantonalbank) reported 0% in Berry Global Group, Inc. (NYSE:BERY). Commercial Bank Of Montreal Can, Ontario – Canada-based fund reported 3.59M shares. Northern Tru invested 0.01% of its portfolio in Berry Global Group, Inc. (NYSE:BERY). Massmutual Tru Fsb Adv has invested 0% in Berry Global Group, Inc. (NYSE:BERY). Ascend Cap Limited Liability has invested 0.64% of its portfolio in Berry Global Group, Inc. (NYSE:BERY). Prudential Inc has 0% invested in Berry Global Group, Inc. (NYSE:BERY).

Another recent and important Berry Global Group, Inc. (NYSE:BERY) news was published by 247Wallst.com which published an article titled: “Top Analyst Upgrades and Downgrades: Aimmune, Anadarko, Carrizo, Mastercard, PayPal, Spotify, Visa and More” on May 18, 2018.

Analysts await Berry Global Group, Inc. (NYSE:BERY) to report earnings on August, 2. They expect $1.08 earnings per share, up 16.13% or $0.15 from last year’s $0.93 per share. BERY’s profit will be $142.24M for 11.19 P/E if the $1.08 EPS becomes a reality. After $0.84 actual earnings per share reported by Berry Global Group, Inc. for the previous quarter, Wall Street now forecasts 28.57% EPS growth.

Baker Ellis Asset Management Llc, which manages about $466.90 million and $397.14 million US Long portfolio, decreased its stake in Vanguard Information Technolog (VGT) by 4,170 shares to 96,633 shares, valued at $15.92 million in 2017Q4, according to the filing. It also reduced its holding in General Mills (NYSE:GIS) by 5,090 shares in the quarter, leaving it with 50,169 shares, and cut its stake in Vanguard Energy Etf (VDE).

Since December 14, 2017, it had 0 insider buys, and 11 insider sales for $62.58 million activity. Murdock Daniel C. sold $67,320 worth of Comcast Corporation (NASDAQ:CMCSA) on Friday, March 16. Another trade for 16,025 shares valued at $540,052 was made by BLOCK ARTHUR R on Monday, March 26. Shares for $4.84 million were sold by WATSON DAVID N. 190,756 shares were sold by BURKE STEPHEN B, worth $8.11M on Friday, January 26.

Investors sentiment decreased to 0.93 in 2017 Q4. 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. Stanley holds 24,518 shares. Loomis Sayles And Limited Partnership holds 1.94M shares. Columbia Prtnrs L L C Management reported 126,775 shares or 0.67% of all its holdings. Gvo Asset Management Limited accumulated 858,943 shares. Usca Ria Llc invested 0.04% in Comcast Corporation (NASDAQ:CMCSA). The Massachusetts-based Contravisory Mngmt Inc has invested 0% in Comcast Corporation (NASDAQ:CMCSA). Ntv Asset Management Limited Liability invested in 10,933 shares. Nuveen Asset Mgmt Llc accumulated 1.42 million shares or 0.36% of the stock. Capital Interest Sarl invested in 153,900 shares. Pub Sector Pension Investment Board invested in 0.14% or 523,985 shares. Main Street Limited Liability Company accumulated 27,064 shares or 0.16% of the stock. Argi Serv Limited Liability Company invested in 0.02% or 5,707 shares. Cetera Advisor Net Limited Com owns 64,387 shares or 0.11% of their US portfolio. Piedmont Invest Advsrs Llc owns 1.33 million shares for 1.07% of their portfolio. Owl Creek Asset Limited Partnership reported 2.15% stake.

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 has “Buy” rating by HSBC given on Thursday, January 19. The firm has “Buy” rating given on Tuesday, September 27 by Pivotal Research. The rating was maintained by Bank of America on Wednesday, June 28 with “Buy”. As per Wednesday, January 6, the company rating was maintained by Credit Suisse. The rating was maintained by Pivotal Research with “Buy” on Thursday, July 27. RBC Capital Markets maintained Comcast Corporation (NASDAQ:CMCSA) rating on Friday, July 7. RBC Capital Markets has “Buy” rating and $4500 target. Bank of America maintained Comcast Corporation (NASDAQ:CMCSA) rating on Thursday, January 25. Bank of America has “Buy” rating and $54 target. Guggenheim maintained Comcast Corporation (NASDAQ:CMCSA) on Friday, January 26 with “Buy” rating. Pivotal Research maintained it with “Buy” rating and $80 target in Thursday, July 23 report. On Monday, October 24 the stock rating was upgraded by Macquarie Research to “Outperform”.

More notable recent Comcast Corporation (NASDAQ:CMCSA) news were published by: Bizjournals.com which released: “Tired of lines for theme park rides? Universal Orlando has patented a new tech that may shorten the wait” on May 16, 2018, also Seekingalpha.com with their article: “Comcast: Strong Quarter And Shooting For The Sky” published on April 26, 2018, Seekingalpha.com published: “Comcast (CMCSA) Presents at MoffettNathanson Media & Communications Summit (Transcript)” on May 14, 2018. More interesting news about Comcast Corporation (NASDAQ:CMCSA) were released by: Bizjournals.com and their article: “Universal’s Halloween Horror Nights unveils latest haunted house” 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.

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