Vertex One Asset Management Has Lifted Its Diamond Offshore Drilling In (DO) Position by $666,000; Comcast New (CMCSA) Holder Court Place Advisors Boosted Position

April 17, 2018 - By Gary Bell

Court Place Advisors Llc increased its stake in Comcast Corp New (CMCSA) by 142.53% based on its latest 2017Q4 regulatory filing with the SEC. Court Place Advisors Llc bought 8,000 shares as the company’s stock declined 19.10% with the market. The institutional investor held 13,613 shares of the television services company at the end of 2017Q4, valued at $545,000, up from 5,613 at the end of the previous reported quarter. Court Place Advisors Llc who had been investing in Comcast Corp New for a number of months, seems to be bullish on the $155.73B market cap company. The stock increased 1.54% or $0.51 during the last trading session, reaching $33.53. About 13.80M shares traded. Comcast Corporation (NASDAQ:CMCSA) has declined 11.10% since April 17, 2017 and is downtrending. It has underperformed by 22.65% the S&P500.

John Thiessen increased its stake in Diamond Offshore Drilling In (DO) by 12.9% based on its latest 2017Q4 regulatory filing with the SEC. Vertex One Asset Management Inc bought 37,000 shares as the company’s stock declined 20.97% with the market. The hedge fund run by John Thiessen held 323,792 shares of the energy company at the end of 2017Q4, valued at $6.02M, up from 286,792 at the end of the previous reported quarter. Vertex One Asset Management Inc who had been investing in Diamond Offshore Drilling In for a number of months, seems to be bullish on the $2.57 billion market cap company. The stock increased 1.03% or $0.19 during the last trading session, reaching $18.71. About 1.40M shares traded. Diamond Offshore Drilling, Inc. (NYSE:DO) has declined 5.41% since April 17, 2017 and is downtrending. It has underperformed by 16.96% the S&P500.

Among 32 analysts covering Comcast Corporation (NASDAQ:CMCSA), 23 have Buy rating, 1 Sell and 8 Hold. Therefore 72% are positive. Comcast Corporation had 82 analyst reports since July 27, 2015 according to SRatingsIntel. The rating was maintained by Barclays Capital on Wednesday, February 22 with “Overweight”. Pacific Crest downgraded Comcast Corporation (NASDAQ:CMCSA) on Friday, January 27 to “Sector Weight” rating. The rating was maintained by Macquarie Research with “Buy” on Wednesday, July 5. The rating was maintained by Telsey Advisory Group on Friday, August 19 with “Outperform”. As per Thursday, January 25, the company rating was maintained by Robert W. Baird. The rating was downgraded by Macquarie Research on Wednesday, February 28 to “Neutral”. The firm has “Buy” rating by Nomura given on Monday, June 27. The firm earned “Outperform” rating on Tuesday, January 31 by RBC Capital Markets. The firm has “Buy” rating by Argus Research given on Friday, August 4. RBC Capital Markets maintained it with “Outperform” rating and $67 target in Thursday, February 4 report.

Since December 14, 2017, it had 0 insider purchases, and 10 sales for $62.55 million activity. ROBERTS BRIAN L had sold 691,105 shares worth $25.24 million on Tuesday, March 13. Murdock Daniel C. also sold $67,320 worth of Comcast Corporation (NASDAQ:CMCSA) on Friday, March 16. WATSON DAVID N sold $4.84M worth of stock. BURKE STEPHEN B sold $8.11 million worth of Comcast Corporation (NASDAQ:CMCSA) on Friday, January 26.

Investors sentiment decreased to 0.93 in Q4 2017. 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. Moreover, Linscomb Williams Inc has 0.03% invested in Comcast Corporation (NASDAQ:CMCSA) for 10,313 shares. Virtu Fincl Ltd Co holds 0.09% of its portfolio in Comcast Corporation (NASDAQ:CMCSA) for 44,337 shares. Beacon Fincl Gru, a Texas-based fund reported 9,919 shares. Atalanta Sosnoff Ltd Liability Co reported 570,296 shares. Ontario – Canada-based Royal State Bank Of Canada has invested 0.31% in Comcast Corporation (NASDAQ:CMCSA). Wagner Bowman owns 20,717 shares or 0.22% of their US portfolio. 15,858 were accumulated by Washington Trust Bancorporation. Wolverine Asset Management Ltd Llc has 0% invested in Comcast Corporation (NASDAQ:CMCSA). E&G Advisors LP stated it has 64,762 shares or 1.09% of all its holdings. Portfolio Solutions Limited Liability Company owns 506 shares or 0% of their US portfolio. Bain Capital Public Equity Limited Liability Corporation invested in 1.00M shares or 2.9% of the stock. Columbia Prns L L C Invest Mgmt invested 0.67% of its portfolio in Comcast Corporation (NASDAQ:CMCSA). Savant Capital Limited Com holds 0.18% of its portfolio in Comcast Corporation (NASDAQ:CMCSA) for 21,506 shares. The Pennsylvania-based Girard Prns has invested 0.27% in Comcast Corporation (NASDAQ:CMCSA). First National Bank invested in 146,706 shares or 0.45% of the stock.

Vertex One Asset Management Inc, which manages about $587.03M US Long portfolio, decreased its stake in Brookfield Business Partners by 74,600 shares to 691,180 shares, valued at $23.80M in 2017Q4, according to the filing. It also reduced its holding in Lightpath Technologies Inc (NASDAQ:LPTH) by 367,734 shares in the quarter, leaving it with 457,266 shares, and cut its stake in Bofi Hldg Inc (NASDAQ:BOFI).

By1 Gary Bell