Comcast New (CMCSA) Position Has Upped by Eaton Vance Management; As Wells Fargo Co New (WFC) Market Value Declined, Shareholder Guardian Investment Management Has Lowered Holding by $316,784

June 21, 2018 - By Nellie Frank

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Eaton Vance Management increased its stake in Comcast Corp New (CMCSA) by 4.06% based on its latest 2018Q1 regulatory filing with the SEC. Eaton Vance Management bought 244,082 shares as the company’s stock declined 19.78% with the market. The institutional investor held 6.25 million shares of the television services company at the end of 2018Q1, valued at $213.62 million, up from 6.01M at the end of the previous reported quarter. Eaton Vance Management who had been investing in Comcast Corp New for a number of months, seems to be bullish on the $150.29 billion market cap company. The stock decreased 2.19% or $0.73 during the last trading session, reaching $32.66. About 25.70M shares traded. Comcast Corporation (NASDAQ:CMCSA) has declined 21.29% since June 21, 2017 and is downtrending. It has underperformed by 33.86% the S&P500. Some Historical CMCSA News: 07/05/2018 – Dealbook: Is Comcast Going to Crash Dinsey’s Deal With Fox?: DealBook Briefing; 03/05/2018 – ZOLA – RAISED $100 MLN IN SERIES D FINANCING LED BY EXISTING INVESTOR COMCAST VENTURES, NEW INVESTORS NBCUNIVERSAL, GOLDMAN SACHS INVESTMENT PARTNERS; 08/05/2018 – Comcast is preparing to top Disney’s bid for Fox’s assets if AT&T’s deal for Time Warner is approved on June 12; 04/04/2018 – Charter, Comcast, Cox: Group to Launch Later This Year; 16/04/2018 – Xfinity Communities Property Manager and Resident Portals Streamline the Customer Experience; 25/04/2018 – Sky pulls support for Murdoch bid as Comcast confirms offer; 25/04/2018 – Comcast earnings: 62 cents a share, vs 59 cents EPS expected; 18/04/2018 – CORRECT: Comcast Bid for Fox Assets Was 16%, Not 17%, Premium to Disney’s Roughly $29/Shr Offer – Filing; 14/03/2018 – Craig Schlagbaum, VP of lndirect Channels of Comcast Business Recognized as 2018 CRN Channel Chief; 20/05/2018 – As Disney Moves Forward With Fox, Comcast Continues Plotting

Guardian Investment Management decreased its stake in Wells Fargo Co New (WFC) by 9.63% based on its latest 2018Q1 regulatory filing with the SEC. Guardian Investment Management sold 6,092 shares as the company’s stock declined 8.45% with the market. The institutional investor held 57,191 shares of the major banks company at the end of 2018Q1, valued at $3.00M, down from 63,283 at the end of the previous reported quarter. Guardian Investment Management who had been investing in Wells Fargo Co New for a number of months, seems to be less bullish one the $265.77B market cap company. The stock increased 0.11% or $0.06 during the last trading session, reaching $54.54. About 10.24 million shares traded. Wells Fargo & Company (NYSE:WFC) has risen 4.02% since June 21, 2017 and is uptrending. It has underperformed by 8.55% the S&P500. Some Historical WFC News: 15/05/2018 – Pointstate Adds Lam Research, Exits Wells Fargo: 13F; 19/04/2018 – New York State Common Retirement Fund Will Also Vote Against Auditor and Wells Fargo’s Proposed Executive Compensation Plan; 12/04/2018 – MDC PARTNERS INC MDCA.O : WELLS FARGO RAISES TO OUTPERFORM FROM MARKET PERFORM ; RATING $11.00; 24/04/2018 – GE and Wells Fargo face shareholder calls to end KPMG audits; 31/05/2018 – WELLS FARGO & CO CEO TIM SLOAN SPEAKS AT INVESTOR CONFERENCE; 24/04/2018 – WELLS FARGO SAYS EXECUTIVE PAY APPROVED WITH 92 PERCENT SUPPORT FROM INVESTORS; 12/04/2018 – Lennox Presenting at Wells Fargo Industrials Conference May 8; 03/05/2018 – Lone Oak Payroll® Closes Wells Fargo Secured Credit Facility to Enhance Payroll Funding Services; 08/05/2018 – Aptiv Presenting at Wells Fargo Industrials Conference Tomorrow; 24/04/2018 – GLOBAL BANKS: UBS SAYS IT IS NEUTRAL ON BANKS IN EUROPE, JAPAN AND EMERGING MARKETS

Guardian Investment Management, which manages about $230.45M and $93.80 million US Long portfolio, upped its stake in Comcast Corp New (NASDAQ:CMCSA) by 112,612 shares to 132,112 shares, valued at $4.51 million in 2018Q1, according to the filing.

More notable recent Wells Fargo & Company (NYSE:WFC) news were published by: Fool.com which released: “How Wells Fargo Is Following in Bank of America’s Footsteps” on June 11, 2018, also Fool.com with their article: “Is Wells Fargo & Company a Buy?” published on June 15, 2018, Seekingalpha.com published: “US banks may boost payouts by $30B after stress tests: Bloomberg” on June 19, 2018. More interesting news about Wells Fargo & Company (NYSE:WFC) were released by: Fool.com and their article: “Why Wells Fargo Is Leaving the Midwest Behind” published on June 06, 2018 as well as Bizjournals.com‘s news article titled: “American Airlines sued by Wells Fargo for returning aircraft late” with publication date: June 19, 2018.

Analysts await Wells Fargo & Company (NYSE:WFC) to report earnings on July, 13. They expect $1.12 EPS, up 4.67% or $0.05 from last year’s $1.07 per share. WFC’s profit will be $5.46 billion for 12.17 P/E if the $1.12 EPS becomes a reality. After $1.12 actual EPS reported by Wells Fargo & Company for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Since May 24, 2018, it had 0 buys, and 1 sale for $1.40 million activity.

Among 39 analysts covering Wells Fargo & Company (NYSE:WFC), 17 have Buy rating, 8 Sell and 14 Hold. Therefore 44% are positive. Wells Fargo & Company had 149 analyst reports since July 29, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Sunday, July 30 by BMO Capital Markets. The rating was upgraded by Keefe Bruyette & Woods on Wednesday, April 5 to “Outperform”. The stock of Wells Fargo & Company (NYSE:WFC) earned “Overweight” rating by JP Morgan on Friday, October 9. The stock of Wells Fargo & Company (NYSE:WFC) earned “Hold” rating by Jefferies on Tuesday, June 6. The rating was downgraded by Keefe Bruyette & Woods on Monday, October 17 to “Mkt Perform”. Robert W. Baird maintained the stock with “Buy” rating in Tuesday, January 2 report. The firm has “Neutral” rating by Piper Jaffray given on Tuesday, November 24. The firm earned “Sell” rating on Thursday, March 24 by UBS. Susquehanna maintained it with “Hold” rating and $60.0 target in Sunday, February 4 report. The stock of Wells Fargo & Company (NYSE:WFC) earned “Hold” rating by BMO Capital Markets on Friday, January 12.

Investors sentiment decreased to 0.59 in Q1 2018. Its down 0.16, from 0.75 in 2017Q4. It turned negative, as 108 investors sold WFC shares while 790 reduced holdings. 122 funds opened positions while 412 raised stakes. 3.62 billion shares or 0.62% less from 3.64 billion shares in 2017Q4 were reported. Parallax Volatility Advisers Limited Partnership reported 0.13% of its portfolio in Wells Fargo & Company (NYSE:WFC). Pioneer Tru Commercial Bank N A Or accumulated 79,153 shares. Usca Ria Lc holds 0.52% or 90,834 shares. Mairs Pwr holds 1.66% of its portfolio in Wells Fargo & Company (NYSE:WFC) for 2.56 million shares. Ameriprise Financial holds 17.13M shares. Spectrum Grp invested in 0.26% or 13,573 shares. Sageworth Trust invested in 0% or 353 shares. Moors Cabot invested 0.2% of its portfolio in Wells Fargo & Company (NYSE:WFC). Tradewinds Capital Ltd holds 0.08% of its portfolio in Wells Fargo & Company (NYSE:WFC) for 3,518 shares. 7.69 million were reported by London Of Virginia. Bell Comml Bank reported 10,726 shares stake. California Employees Retirement System invested in 0.92% or 12.34 million shares. 3.73M were reported by Findlay Park Partners Llp. Schaller Invest Grp Inc invested in 21,503 shares. Brandywine Tru invested 13.97% of its portfolio in Wells Fargo & Company (NYSE:WFC).

Eaton Vance Management, which manages about $88.88B and $40.48B US Long portfolio, decreased its stake in Credit Suisse Group (NYSE:CS) by 109,376 shares to 1.43 million shares, valued at $24.08 million in 2018Q1, according to the filing. It also reduced its holding in Qorvo Inc by 8,223 shares in the quarter, leaving it with 21,298 shares, and cut its stake in Costco Whsl Corp New (NASDAQ:COST).

Investors sentiment increased to 0.99 in Q1 2018. Its up 0.06, from 0.93 in 2017Q4. It improved, as 100 investors sold CMCSA shares while 496 reduced holdings. 111 funds opened positions while 481 raised stakes. 3.67 billion shares or 0.21% more from 3.66 billion shares in 2017Q4 were reported. Amer Century Inc invested in 0.02% or 590,145 shares. Meritage Management holds 6,969 shares. Wade G W & reported 0.05% of its portfolio in Comcast Corporation (NASDAQ:CMCSA). Cadence Cap Management Ltd Liability Com has invested 0.09% in Comcast Corporation (NASDAQ:CMCSA). Grassi Mngmt holds 198,306 shares or 1.1% of its portfolio. Company Bancorp has invested 0.29% in Comcast Corporation (NASDAQ:CMCSA). 675,157 are held by Dana Advsrs Inc. Jolley Asset Mgmt Ltd Liability Corp has invested 0.01% in Comcast Corporation (NASDAQ:CMCSA). Moreover, South Dakota Inv Council has 0.55% invested in Comcast Corporation (NASDAQ:CMCSA) for 707,170 shares. Seaward LP reported 0.25% of its portfolio in Comcast Corporation (NASDAQ:CMCSA). Bangor Retail Bank invested in 12,232 shares. Wellington Shields Cap Mgmt Ltd Llc has invested 0.51% in Comcast Corporation (NASDAQ:CMCSA). Pillar Pacific Capital Mgmt Llc accumulated 9,842 shares or 0.04% of the stock. Brown Advisory Secs Ltd Llc holds 0.17% of its portfolio in Comcast Corporation (NASDAQ:CMCSA) for 27,225 shares. Dekabank Deutsche Girozentrale invested 0.84% in Comcast Corporation (NASDAQ:CMCSA).

Among 33 analysts covering Comcast Corporation (NASDAQ:CMCSA), 24 have Buy rating, 1 Sell and 8 Hold. Therefore 73% are positive. Comcast Corporation had 86 analyst reports since July 27, 2015 according to SRatingsIntel. The rating was downgraded by Moffett Nathanson on Tuesday, June 20 to “Neutral”. The stock of Comcast Corporation (NASDAQ:CMCSA) earned “Buy” rating by Scotia Capital on Friday, April 20. The company was downgraded on Wednesday, February 28 by Macquarie Research. Jefferies maintained Comcast Corporation (NASDAQ:CMCSA) on Monday, December 19 with “Buy” rating. The firm has “Hold” rating by KeyBanc Capital Markets given on Monday, October 16. Barclays Capital maintained the shares of CMCSA in report on Wednesday, February 22 with “Overweight” rating. Instinet downgraded Comcast Corporation (NASDAQ:CMCSA) on Thursday, January 18 to “Neutral” rating. The rating was maintained by Moffett Nathanson with “Buy” on Thursday, January 18. On Friday, November 17 the stock rating was maintained by Robert W. Baird with “Buy”. Guggenheim maintained Comcast Corporation (NASDAQ:CMCSA) on Friday, January 26 with “Buy” rating.

Comcast Corporation (NASDAQ:CMCSA) Institutional Positions Chart

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