Locust Wood Capital Advisers Holding in Vulcan Matls Co (VMC) Has Boosted by $8.54 Million; As Comcast (CMCSA) Stock Declined, Holder Strs Ohio Lowered Holding by $15.34 Million

June 20, 2018 - By reb123z

Vulcan Materials Company (NYSE:VMC) Logo

Stephen J. Errico increased its stake in Vulcan Matls Co (VMC) by 101.75% based on its latest 2018Q1 regulatory filing with the SEC. Locust Wood Capital Advisers Llc bought 74,945 shares as the company’s stock rose 4.59% while stock markets declined. The hedge fund run by Stephen J. Errico held 148,600 shares of the mining & quarrying of nonmetallic minerals (no fuels) company at the end of 2018Q1, valued at $16.97 million, up from 73,655 at the end of the previous reported quarter. Locust Wood Capital Advisers Llc who had been investing in Vulcan Matls Co for a number of months, seems to be bullish on the $17.61B market cap company. The stock increased 1.59% or $2.08 during the last trading session, reaching $133.24. About 967,144 shares traded. Vulcan Materials Company (NYSE:VMC) has declined 0.32% since June 20, 2017 and is downtrending. It has underperformed by 12.89% the S&P500. Some Historical VMC News: 02/05/2018 – Wells Capital Management Inc. Exits Vulcan Materials; 03/04/2018 – STRATASYS – IN COMING MONTHS, VULCAN WILL ENGAGE WITH PARTNERS AND CUSTOMERS TO EVALUATE AND FURTHER DEVELOP VULCAN’S SOLUTIONS; 05/03/2018 – VULCAN MATERIALS CO – EXCHANGE OFFER WILL EXPIRE AT 11:59 P.M., NEW YORK CITY TIME, ON MARCH 19, 2018; 03/05/2018 – Vulcan Materials 1Q Rev $854.5M; 03/05/2018 – VULCAN MATERIALS CO – ALSO PLAN FOR $350 MLN IN INTERNAL GROWTH CAPITAL EXPENDITURES DURING 2018; 21/04/2018 – DJ Vulcan Materials Company, Inst Holders, 1Q 2018 (VMC); 26/03/2018 – Vulcan Minerals Inc. — Options Voisey’s Bay South Claims to Fjordland Exploration Inc; 15/05/2018 – EMINENCE ADDED VMC, FB, VER, TTWO IN 1Q: 13F; 11/05/2018 – RL10 Engine to Power ULA’s New Vulcan Centaur Upper Stage; 03/05/2018 – VULCAN REAFFIRMS YEAR OUTLOOK

Strs Ohio decreased its stake in Comcast Corp (CMCSA) by 9.81% based on its latest 2018Q1 regulatory filing with the SEC. Strs Ohio sold 451,190 shares as the company’s stock declined 19.78% with the market. The institutional investor held 4.15M shares of the television services company at the end of 2018Q1, valued at $141.80 million, down from 4.60M at the end of the previous reported quarter. Strs Ohio who had been investing in Comcast Corp for a number of months, seems to be less bullish one the $153.65B market cap company. The stock increased 1.77% or $0.58 during the last trading session, reaching $33.39. About 49.66M shares traded or 79.94% up from the average. Comcast Corporation (NASDAQ:CMCSA) has declined 21.29% since June 20, 2017 and is downtrending. It has underperformed by 33.86% the S&P500. Some Historical CMCSA News: 07/05/2018 – CNBC: Comcast plans to make an all-cash bid for Fox if AT&T-Time Warner is approved; 25/04/2018 – Comcast formalizes its bid for British broadcaster Sky; 19/04/2018 – COMCAST LIKELY TO MAKE FORMAL SKY OFFER EARLY MAY: CNBC’S FABER; 25/04/2018 – SKY RESPONDS TO ALL-CASH OFFER FOR SKY BY COMCAST; 25/04/2018 – COMCAST ENDS EARNINGS CALL; 09/05/2018 – Comcast Declares Dividend of 19c; 02/05/2018 – Invesco Technology Adds Adobe, Exits Comcast, Cuts Apple; 03/04/2018 – MOODY’S ASSIGNS BA1 RATING TO CHARTER COMMUNICATIONS’ PROPOSED NOTES ISSUANCE; 31/03/2018 – Look for Value Even as Comcast Aims for Sky — Barron’s; 26/04/2018 – DSL Reports: Comcast to Get Much Larger With Latest $30 Billion Megadeal

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 maintained by Moffett Nathanson on Thursday, January 18 with “Buy”. The firm has “Buy” rating by HSBC given on Thursday, January 19. The stock of Comcast Corporation (NASDAQ:CMCSA) has “Buy” rating given on Wednesday, September 16 by Wunderlich. Macquarie Research maintained the stock with “Neutral” rating in Monday, January 4 report. The stock of Comcast Corporation (NASDAQ:CMCSA) has “Neutral” rating given on Thursday, January 18 by Instinet. The stock of Comcast Corporation (NASDAQ:CMCSA) has “Neutral” rating given on Wednesday, November 11 by Suntrust Robinson. SunTrust initiated the shares of CMCSA in report on Wednesday, November 11 with “Neutral” rating. The firm has “Buy” rating given on Thursday, January 25 by Robert W. Baird. The stock of Comcast Corporation (NASDAQ:CMCSA) earned “Market Perform” rating by Raymond James on Wednesday, June 13. KeyBanc Capital Markets initiated the stock with “Buy” rating in Wednesday, May 16 report.

Since January 26, 2018, it had 0 insider purchases, and 10 insider sales for $39.84 million activity. On Tuesday, March 20 the insider BLOCK ARTHUR R sold $233,430. Another trade for 131,447 shares valued at $4.84M was sold by WATSON DAVID N. ROBERTS BRIAN L sold $25.24M worth of Comcast Corporation (NASDAQ:CMCSA) on Tuesday, March 13. $8.11M worth of Comcast Corporation (NASDAQ:CMCSA) shares were sold by BURKE STEPHEN B.

More notable recent Comcast Corporation (NASDAQ:CMCSA) news were published by: Nasdaq.com which released: “Confidently Rush into Comcast Corporation — Fears Are Overblown” on June 14, 2018, also Seekingalpha.com with their article: “Comcast: Here To Stay, Diversified Or Not” published on June 05, 2018, Streetinsider.com published: “21st Century Fox (FOXA) Execs Brace for Improved Comcast (CMCSA) Bid for Fox Assets – FBN” on June 20, 2018. More interesting news about Comcast Corporation (NASDAQ:CMCSA) were released by: Seekingalpha.com and their article: “Comcast Goes Fox Hunting And Shoots Itself” published on June 20, 2018 as well as Seekingalpha.com‘s news article titled: “CNBC: Endemol Shine hires banks to explore sale; DIS, CMCSA watching” with publication date: June 19, 2018.

Strs Ohio, which manages about $22.61B US Long portfolio, upped its stake in Centerpoint Energy Inc (NYSE:CNP) by 14,345 shares to 89,583 shares, valued at $2.45 million in 2018Q1, according to the filing. It also increased its holding in Xcel Energy Inc (NYSE:XEL) by 14,006 shares in the quarter, for a total of 88,577 shares, and has risen its stake in Columbia Property Trust Inc (NYSE:CXP).

Analysts await Comcast Corporation (NASDAQ:CMCSA) to report earnings on July, 26. They expect $0.61 EPS, up 17.31% or $0.09 from last year’s $0.52 per share. CMCSA’s profit will be $2.81 billion for 13.68 P/E if the $0.61 EPS becomes a reality. After $0.62 actual EPS reported by Comcast Corporation for the previous quarter, Wall Street now forecasts -1.61% negative EPS growth.

Investors sentiment increased to 0.99 in Q1 2018. Its up 0.06, from 0.93 in 2017Q4. It is positive, 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. Srb Corp holds 0.02% or 5,297 shares. Beutel Goodman Limited owns 169,855 shares for 0.03% of their portfolio. Fred Alger holds 3.19 million shares or 0.51% of its portfolio. Gam Hldgs Ag holds 0.02% in Comcast Corporation (NASDAQ:CMCSA) or 18,427 shares. Vantage Inv Advisors Ltd Liability Co reported 206,143 shares or 1.79% of all its holdings. Nj State Employees Deferred Compensation Plan owns 0.91% invested in Comcast Corporation (NASDAQ:CMCSA) for 150,000 shares. Jefferies Gru Ltd Limited Liability Company reported 0.08% in Comcast Corporation (NASDAQ:CMCSA). Great Lakes Limited Liability invested 0.06% in Comcast Corporation (NASDAQ:CMCSA). Iowa-based At State Bank has invested 0.09% in Comcast Corporation (NASDAQ:CMCSA). Seaward Limited Partnership accumulated 144,532 shares. Orrstown Ser stated it has 1,118 shares or 0.04% of all its holdings. Umb Fincl Bank N A Mo holds 0.06% in Comcast Corporation (NASDAQ:CMCSA) or 53,434 shares. Cornercap Inv Counsel, Georgia-based fund reported 194,102 shares. 3,043 are held by Lifeplan Group. Ameriprise Fincl owns 0.72% invested in Comcast Corporation (NASDAQ:CMCSA) for 46.44 million shares.

Investors sentiment decreased to 0.91 in Q1 2018. Its down 0.34, from 1.25 in 2017Q4. It is negative, as 53 investors sold VMC shares while 171 reduced holdings. 62 funds opened positions while 141 raised stakes. 121.53 million shares or 2.47% more from 118.61 million shares in 2017Q4 were reported. Pension Ser accumulated 154,178 shares. Community Fincl Bank Na accumulated 55 shares. Lazard Asset Management Limited Liability holds 156 shares. Buckingham Cap Mgmt reported 37,774 shares or 0.5% of all its holdings. Metropolitan Life Insur Co invested in 26,029 shares or 0% of the stock. Peak6 Investments Limited Partnership owns 29,679 shares for 0.01% of their portfolio. Whittier Company reported 0% of its portfolio in Vulcan Materials Company (NYSE:VMC). Bluestein R H Company reported 3,033 shares. Royal Bancshares Of Canada holds 0% in Vulcan Materials Company (NYSE:VMC) or 75,347 shares. Public Employees Retirement Association Of Colorado accumulated 23,652 shares. 71,402 were accumulated by Toronto Dominion National Bank. First Mercantile Trust stated it has 0.04% of its portfolio in Vulcan Materials Company (NYSE:VMC). Hyman Charles D holds 1.8% of its portfolio in Vulcan Materials Company (NYSE:VMC) for 136,568 shares. South Dakota Inv Council owns 0.04% invested in Vulcan Materials Company (NYSE:VMC) for 16,000 shares. Regions Financial Corporation reported 537,958 shares stake.

Locust Wood Capital Advisers Llc, which manages about $781.63 million and $978.94 million US Long portfolio, decreased its stake in Apple Inc (NASDAQ:AAPL) by 60,178 shares to 248,843 shares, valued at $41.75M in 2018Q1, according to the filing. It also reduced its holding in Howard Hughes Corp (NYSE:HHC) by 85,715 shares in the quarter, leaving it with 327,451 shares, and cut its stake in Microsoft Corp (NASDAQ:MSFT).

Among 14 analysts covering Vulcan Materials Company (NYSE:VMC), 11 have Buy rating, 0 Sell and 3 Hold. Therefore 79% are positive. Vulcan Materials Company had 43 analyst reports since August 6, 2015 according to SRatingsIntel. The company was maintained on Monday, October 9 by RBC Capital Markets. Stephens maintained Vulcan Materials Company (NYSE:VMC) rating on Friday, April 13. Stephens has “Buy” rating and $13700 target. As per Tuesday, December 12, the company rating was initiated by Barclays Capital. The company was initiated on Thursday, June 9 by Alembic. The stock of Vulcan Materials Company (NYSE:VMC) has “Buy” rating given on Wednesday, May 4 by BB&T Capital. The company was upgraded on Wednesday, October 26 by Suntrust Robinson. Citigroup maintained the stock with “Buy” rating in Thursday, January 25 report. Jefferies maintained it with “Hold” rating and $135.0 target in Wednesday, January 17 report. The firm has “Buy” rating by Stephens given on Wednesday, January 3. RBC Capital Markets maintained the shares of VMC in report on Friday, November 3 with “Buy” rating.

Comcast Corporation (NASDAQ:CMCSA) 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.

Free Email Newsletter

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


Recent Posts

>