Cypress Asset Management Decreased General Electric Co (GE) Position; Group One Trading LP Has Trimmed Its Comcast New (CMCSA) Position

December 7, 2017 - By Marguerite Chambers

Cypress Asset Management Inc decreased General Electric Co (GE) stake by 8.83% reported in 2017Q2 SEC filing. Cypress Asset Management Inc sold 33,242 shares as General Electric Co (GE)’s stock declined

7.64%. The Cypress Asset Management Inc holds 343,119 shares with $9.27 million value, down from 376,361 last quarter. General Electric Co now has $153.15B valuation. The stock decreased 0.56% or $0.1 during the last trading session, reaching $17.66. About 43.91M shares traded. General Electric Company (NYSE:GE) has declined 4.46% since December 7, 2016 and is downtrending. It has underperformed by 21.16% the S&P500.

Group One Trading Lp decreased Comcast Corp New (CMCSA) stake by 27.97% reported in 2017Q2 SEC filing. Group One Trading Lp sold 11,890 shares as Comcast Corp New (CMCSA)’s stock rose 3.16%. The Group One Trading Lp holds 30,615 shares with $1.19 million value, down from 42,505 last quarter. Comcast Corp New now has $180.55 billion valuation. The stock decreased 2.25% or $0.89 during the last trading session, reaching $38.63. About 25.46 million shares traded. Comcast Corporation (NASDAQ:CMCSA) has risen 28.96% since December 7, 2016 and is uptrending. It has outperformed by 12.26% the S&P500.

Investors sentiment decreased to 0.79 in 2017 Q2. Its down 0.03, from 0.82 in 2017Q1. It is negative, as 85 investors sold GE shares while 816 reduced holdings. 111 funds opened positions while 598 raised stakes. 4.61 billion shares or 0.66% more from 4.58 billion shares in 2017Q1 were reported. Bangor Comml Bank invested in 0.36% or 59,596 shares. Garde reported 18,949 shares stake. Archford Capital Strategies Ltd Limited Liability Company holds 0.01% of its portfolio in General Electric Company (NYSE:GE) for 958 shares. Loomis Sayles Com LP has invested 0.05% in General Electric Company (NYSE:GE). 600.24M are owned by Vanguard Gru. Seizert Cap Prns Ltd holds 0.02% or 20,585 shares in its portfolio. Payden And Rygel reported 0.28% in General Electric Company (NYSE:GE). Nelson Roberts Invest Ltd Liability invested in 0.11% or 11,980 shares. Bp Public Ltd Com has 685,000 shares for 0.68% of their portfolio. Livingston Gp Asset Mgmt (Operating As Southport Management) holds 0.63% or 52,988 shares. Regis Mngmt Co Ltd Com invested in 8,330 shares or 0.04% of the stock. Affinity Limited Company reported 404,395 shares stake. Vnbtrust National Association owns 46,923 shares. Matrix Asset Advsr Inc accumulated 355,073 shares. Harvest Cap Management Incorporated holds 0.65% or 60,092 shares.

Analysts await General Electric Company (NYSE:GE) to report earnings on January, 19. They expect $0.28 EPS, down 39.13% or $0.18 from last year’s $0.46 per share. GE’s profit will be $2.43 billion for 15.77 P/E if the $0.28 EPS becomes a reality. After $0.29 actual EPS reported by General Electric Company for the previous quarter, Wall Street now forecasts -3.45% negative EPS growth.

Cypress Asset Management Inc increased Du Pont E I De Nemours & Co (NYSE:DD) stake by 38,952 shares to 84,198 valued at $6.80 million in 2017Q2. It also upped At&T Inc (NYSE:T) stake by 37,967 shares and now owns 113,566 shares. Boeing Co (NYSE:BA) was raised too.

Among 25 analysts covering General Electric Company (NYSE:GE), 10 have Buy rating, 5 Sell and 10 Hold. Therefore 40% are positive. General Electric Company had 78 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of General Electric Company (NYSE:GE) earned “Buy” rating by Stifel Nicolaus on Tuesday, June 13. Cowen & Co maintained the shares of GE in report on Monday, June 12 with “Hold” rating. BMO Capital Markets maintained General Electric Company (NYSE:GE) rating on Thursday, March 23. BMO Capital Markets has “Hold” rating and $67 target. Morgan Stanley maintained General Electric Company (NYSE:GE) rating on Thursday, October 6. Morgan Stanley has “Equal-Weight” rating and $31 target. The stock of General Electric Company (NYSE:GE) earned “Sell” rating by Deutsche Bank on Monday, September 11. The stock has “Buy” rating by S&P Research on Wednesday, October 14. The company was downgraded on Tuesday, October 24 by Oppenheimer. The firm earned “Sell” rating on Friday, July 22 by Standpoint Research. The stock of General Electric Company (NYSE:GE) earned “Sell” rating by Deutsche Bank on Monday, October 30. Morgan Stanley maintained it with “Equal-Weight” rating and $27 target in Monday, July 17 report.

Investors sentiment decreased to 1.01 in Q2 2017. Its down 11.82, from 12.83 in 2017Q1. It fall, as 68 investors sold CMCSA shares while 503 reduced holdings. 110 funds opened positions while 468 raised stakes. 3.69 billion shares or 50.72% less from 7.49 billion shares in 2017Q1 were reported. Peoples Finance Ser stated it has 0.11% of its portfolio in Comcast Corporation (NASDAQ:CMCSA). Moreover, Chase Counsel has 1.56% invested in Comcast Corporation (NASDAQ:CMCSA). Captrust Financial Advsrs holds 0.19% or 57,809 shares in its portfolio. Halbert Hargrove Russell Ltd Com holds 7,829 shares or 0.08% of its portfolio. The Illinois-based Rothschild Inv Corporation Il has invested 0.21% in Comcast Corporation (NASDAQ:CMCSA). Css Limited Il holds 0.02% or 10,900 shares. Burney stated it has 1.12% in Comcast Corporation (NASDAQ:CMCSA). Tiaa Cref Investment Management holds 36.75M shares or 1% of its portfolio. Rockefeller holds 0.04% of its portfolio in Comcast Corporation (NASDAQ:CMCSA) for 57,072 shares. Guinness Atkinson Asset Management has 3.79% invested in Comcast Corporation (NASDAQ:CMCSA). 1832 Asset Mgmt Limited Partnership invested in 9.29 million shares or 1.64% of the stock. Dupont Management Corporation accumulated 882,611 shares or 0.77% of the stock. The New York-based Blackrock has invested 0.66% in Comcast Corporation (NASDAQ:CMCSA). Timber Creek Management Ltd Liability Company holds 97,680 shares. Linscomb & Williams, Texas-based fund reported 11,360 shares.

Among 29 analysts covering Comcast Corporation (NASDAQ:CMCSA), 24 have Buy rating, 1 Sell and 4 Hold. Therefore 83% are positive. Comcast Corporation has $95 highest and $8 lowest target. $54.48’s average target is 41.03% above currents $38.63 stock price. Comcast Corporation had 66 analyst reports since July 27, 2015 according to SRatingsIntel. The company was maintained on Friday, July 24 by UBS. The stock of Comcast Corporation (NASDAQ:CMCSA) earned “Buy” rating by Wunderlich on Wednesday, August 26. The stock has “Buy” rating by Wunderlich on Wednesday, September 16. MoffettNathanson upgraded the stock to “Neutral” rating in Wednesday, August 19 report. Nomura initiated it with “Buy” rating and $72.0 target in Tuesday, December 8 report. The rating was maintained by Piper Jaffray with “Buy” on Tuesday, May 30. Telsey Advisory Group maintained Comcast Corporation (NASDAQ:CMCSA) on Tuesday, January 24 with “Outperform” rating. The firm has “Buy” rating given on Monday, June 27 by Nomura. The rating was maintained by Pivotal Research with “Buy” on Thursday, January 26. The rating was maintained by Wells Fargo with “Buy” on Monday, October 23.

Analysts await Comcast Corporation (NASDAQ:CMCSA) to report earnings on January, 25. They expect $0.48 EPS, up 9.09% or $0.04 from last year’s $0.44 per share. CMCSA’s profit will be $2.24B for 20.12 P/E if the $0.48 EPS becomes a reality. After $0.52 actual EPS reported by Comcast Corporation for the previous quarter, Wall Street now forecasts -7.69% negative EPS growth.

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