As Discovery Communicatns New (DISCK) Market Valuation Declined, Shareholder Goodnow Investment Group Cut Holding; Ibis Capital Partners Llp Trimmed Its Holding in Comcast New (CMCSA) by $2.91 Million as Shares Rose

February 1, 2018 - By Nellie Frank

Edward Goodnow decreased its stake in Discovery Communicatns New (DISCK) by 37.43% based on its latest 2017Q3 regulatory filing with the SEC. Goodnow Investment Group Llc sold 145,550 shares as the company’s stock declined 10.36% while stock markets rallied. The hedge fund run by Edward Goodnow held 243,345 shares of the consumer services company at the end of 2017Q3, valued at $4.93M, down from 388,895 at the end of the previous reported quarter. Goodnow Investment Group Llc who had been investing in Discovery Communicatns New for a number of months, seems to be less bullish one the $15.18B market cap company. The stock increased 1.30% or $0.31 during the last trading session, reaching $24.17. About 2.60 million shares traded. Discovery Communications, Inc. (NASDAQ:DISCK) has risen 0.32% since February 1, 2017 and is uptrending. It has underperformed by 16.38% the S&P500.

David Forster decreased its stake in Comcast Corp New (CMCSA) by 19.36% based on its latest 2017Q3 regulatory filing with the SEC. Ibis Capital Partners Llp sold 76,692 shares as the company’s stock rose 3.16% with the market. The hedge fund run by David Forster held 319,486 shares of the television services company at the end of 2017Q3, valued at $12.29 million, down from 396,178 at the end of the previous reported quarter. Ibis Capital Partners Llp who had been investing in Comcast Corp New for a number of months, seems to be less bullish one the $194.43 billion market cap company. The stock decreased 1.50% or $0.64 during the last trading session, reaching $41.89. About 21.93M shares traded. Comcast Corporation (NASDAQ:CMCSA) has risen 28.96% since February 1, 2017 and is uptrending. It has outperformed by 12.26% the S&P500.

Goodnow Investment Group Llc, which manages about $697.23M and $485.18M US Long portfolio, upped its stake in Aircastle Ltd (NYSE:AYR) by 14,653 shares to 723,218 shares, valued at $16.12 million in 2017Q3, according to the filing. It also increased its holding in Strayer Ed Inc (NASDAQ:STRA) by 8,210 shares in the quarter, for a total of 396,321 shares, and has risen its stake in Dollar Tree Inc (NASDAQ:DLTR).

Analysts await Discovery Communications, Inc. (NASDAQ:DISCK) to report earnings on February, 13. They expect $0.50 earnings per share, down 10.71% or $0.06 from last year’s $0.56 per share. DISCK’s profit will be $313.98 million for 12.09 P/E if the $0.50 EPS becomes a reality. After $0.43 actual earnings per share reported by Discovery Communications, Inc. for the previous quarter, Wall Street now forecasts 16.28% EPS growth.

Among 31 analysts covering Comcast Corporation (NASDAQ:CMCSA), 24 have Buy rating, 1 Sell and 6 Hold. Therefore 77% are positive. Comcast Corporation had 79 analyst reports since July 27, 2015 according to SRatingsIntel. Pivotal Research maintained it with “Buy” rating and $74 target in Thursday, December 17 report. The firm has “Buy” rating by RBC Capital Markets given on Friday, September 8. Suntrust Robinson initiated the stock with “Neutral” rating in Wednesday, November 11 report. The rating was upgraded by Macquarie Research on Monday, October 24 to “Outperform”. RBC Capital Markets maintained the stock with “Outperform” rating in Monday, July 27 report. UBS maintained the stock with “Buy” rating in Friday, July 24 report. The rating was maintained by Nomura on Monday, June 27 with “Buy”. The firm earned “Neutral” rating on Tuesday, September 29 by Macquarie Research. Guggenheim maintained the shares of CMCSA in report on Friday, January 26 with “Buy” rating. The stock of Comcast Corporation (NASDAQ:CMCSA) has “Neutral” rating given on Wednesday, November 11 by SunTrust.

Ibis Capital Partners Llp, which manages about $104.10M US Long portfolio, upped its stake in Dhx Media Ltd by 857,800 shares to 878,100 shares, valued at $3.69M in 2017Q3, according to the filing.

Since August 7, 2017, it had 0 insider purchases, and 6 sales for $31.29 million activity. On Friday, September 15 the insider BACON KENNETH J sold $83,175. $22.57M worth of Comcast Corporation (NASDAQ:CMCSA) shares were sold by ROBERTS BRIAN L. 190,756 shares were sold by BURKE STEPHEN B, worth $8.11 million. The insider BLOCK ARTHUR R sold 4,091 shares worth $156,931.

Investors sentiment increased to 1.03 in 2017 Q3. Its up 0.02, from 1.01 in 2017Q2. It improved, 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. Jefferies Limited Com has 556,702 shares. 33.28 million are owned by Wells Fargo Mn. Beese Fulmer Investment Mgmt Incorporated stated it has 2.66% in Comcast Corporation (NASDAQ:CMCSA). Security State Bank Of So Dak owns 8,680 shares. Levin Cap Strategies Limited Partnership holds 0.05% of its portfolio in Comcast Corporation (NASDAQ:CMCSA) for 77,304 shares. Fund Evaluation Group Ltd Liability Com has 60,000 shares for 0.37% of their portfolio. Academy Capital Mgmt Tx has invested 4.31% in Comcast Corporation (NASDAQ:CMCSA). Fil Limited invested in 5.76 million shares or 0.64% of the stock. Baker Ellis Asset owns 55,926 shares for 0.57% of their portfolio. Covington Cap Management accumulated 0.03% or 12,022 shares. Andra Ap holds 0.43% or 478,300 shares. Natixis Asset Management invested in 0.14% or 41,091 shares. Bluestein R H & has invested 2.27% in Comcast Corporation (NASDAQ:CMCSA). Cibc Fincl Bank Usa reported 0.23% of its portfolio in Comcast Corporation (NASDAQ:CMCSA). Main Street Limited Liability Company, a California-based fund reported 28,456 shares.