Winslow Capital Management Trimmed Comcast New Cl A (CMCSA) Stake By $249.44 Million; Cimarex Energy Co (XEC) Has 1.21 Sentiment

March 22, 2018 - By Linda Rogers

Cimarex Energy Co. operates as an independent gas and oil exploration and production firm primarily in Oklahoma, Texas, and New Mexico. The company has market cap of $9.03 billion. As of December 31, 2016, it had a total proved gas and oil reserves of 2.89 trillion cubic feet equivalent consisting of 1.47 trillion cubic feet of natural gas, 0.64 Tcfe of oil, and 0.78 Tcfe of natural gas liquids primarily located in the Mid-Continent and Permian Basin regions. It has a 18.21 P/E ratio. The firm also owned interests in 3,094 net productive gas and oil wells.

Winslow Capital Management Llc decreased Comcast Corp New Cl A (CMCSA) stake by 100% reported in 2017Q3 SEC filing. Winslow Capital Management Llc sold 6.93M shares as Comcast Corp New Cl A (CMCSA)’s stock rose 3.16%. The Winslow Capital Management Llc holds 137 shares with $5,000 value, down from 6.93M last quarter. Comcast Corp New Cl A now has $155.80 billion valuation. The stock decreased 2.74% or $0.945 during the last trading session, reaching $33.545. About 44.98 million shares traded or 77.16% up from the average. Comcast Corporation (NASDAQ:CMCSA) has risen 28.96% since March 22, 2017 and is uptrending. It has outperformed by 12.26% the S&P500.

The stock decreased 0.05% or $0.05 during the last trading session, reaching $94.62. About 839,661 shares traded. Cimarex Energy Co. (XEC) has risen 1.88% since March 22, 2017 and is uptrending. It has underperformed by 14.82% the S&P500.

Since January 1, 0001, it had 0 insider purchases, and 7 selling transactions for $3.16 million activity.

Caymus Capital Partners L.P. holds 7.76% of its portfolio in Cimarex Energy Co. for 542,500 shares. Lagoda Investment Management L.P. owns 187,200 shares or 7.69% of their US portfolio. Moreover, Mitchell Group Inc has 5.16% invested in the company for 287,685 shares. The New York-based Encompass Capital Advisors Llc has invested 4.06% in the stock. International Value Advisers Llc, a New York-based fund reported 1.11 million shares.

Analysts await Cimarex Energy Co. (NYSE:XEC) to report earnings on May, 9. They expect $1.69 earnings per share, up 60.95% or $0.64 from last year’s $1.05 per share. XEC’s profit will be $161.28 million for 14.00 P/E if the $1.69 EPS becomes a reality. After $1.47 actual earnings per share reported by Cimarex Energy Co. for the previous quarter, Wall Street now forecasts 14.97% EPS growth.

Ratings analysis reveals 70% of Cimarex’s analysts are positive. Out of 10 Wall Street analysts rating Cimarex, 7 give it “Buy”, 0 “Sell” rating, while 3 recommend “Hold”. The lowest target is $143.0 while the high is $160.0. The stock’s average target of $152.67 is 61.35% above today’s ($94.62) share price. XEC was included in 10 notes of analysts from August 29, 2016. Williams Capital Group initiated the stock with “Hold” rating in Monday, August 29 report. On Tuesday, September 13 the stock rating was initiated by FBR Capital with “Outperform”. Jefferies upgraded the shares of XEC in report on Tuesday, January 17 to “Hold” rating. The firm earned “Accumulate” rating on Monday, November 7 by KLR Group. The stock of Cimarex Energy Co. (NYSE:XEC) has “Hold” rating given on Tuesday, January 17 by SunTrust. Susquehanna upgraded Cimarex Energy Co. (NYSE:XEC) on Friday, November 4 to “Positive” rating. The firm has “Outperform” rating given on Wednesday, August 31 by Wells Fargo. The stock has “Buy” rating by Goldman Sachs on Friday, December 16. The firm earned “Buy” rating on Tuesday, November 1 by Stifel Nicolaus. The stock of Cimarex Energy Co. (NYSE:XEC) has “Overweight” rating given on Thursday, December 8 by JP Morgan.

Winslow Capital Management Llc increased Automatic Data Process (NASDAQ:ADP) stake by 1.10 million shares to 1.10M valued at $120.66 million in 2017Q3. It also upped Salesforce Com Inc (NYSE:CRM) stake by 401,801 shares and now owns 6.67M shares. General Dynamics Corp (NYSE:GD) was raised too.

Investors sentiment decreased to 0.93 in 2017 Q3. Its down 0.10, from 1.03 in 2017Q2. It dropped, as 53 investors sold CMCSA shares while 517 reduced holdings. 115 funds opened positions while 470 raised stakes. 3.65 billion shares or 1.23% less from 3.69 billion shares in 2017Q2 were reported. High Pointe Limited Liability Corp stated it has 1% in Comcast Corporation (NASDAQ:CMCSA). 5.57M were reported by Nomura Hldgs. Segment Wealth Mgmt Limited Liability Company holds 0.79% of its portfolio in Comcast Corporation (NASDAQ:CMCSA) for 77,379 shares. 89,065 are held by Murphy Mngmt. River Road Asset Mngmt Limited Company invested in 0.21% or 271,746 shares. Fic Capital reported 3.69% in Comcast Corporation (NASDAQ:CMCSA). Boston Family Office Lc holds 66,006 shares. Steinberg Glob Asset invested in 16,398 shares. 315,000 were reported by Needham Investment Mngmt. Aviva Public Limited Com reported 3.34 million shares stake. Glob Thematic Prns Ltd Liability Com holds 2.56% of its portfolio in Comcast Corporation (NASDAQ:CMCSA) for 2.08M shares. Proshare Advisors Limited Liability Com holds 2.00 million shares. Hsbc Pcl, a United Kingdom-based fund reported 6.93M shares. Sphera Funds Mgmt has invested 0.36% in Comcast Corporation (NASDAQ:CMCSA). Capital Guardian Com holds 0.99% or 1.48M shares.

Since September 28, 2017, it had 0 buys, and 8 insider sales for $61.30 million activity. BLOCK ARTHUR R sold $87,968 worth of stock or 2,471 shares. WATSON DAVID N had sold 131,447 shares worth $4.84M on Tuesday, March 6. Murdock Daniel C. had sold 1,891 shares worth $67,320 on Friday, March 16. $8.11M worth of Comcast Corporation (NASDAQ:CMCSA) was sold by BURKE STEPHEN B on Friday, January 26. 691,105 shares were sold by ROBERTS BRIAN L, worth $25.24M on Tuesday, March 13.

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