As Thermo Fisher Scientific (TMO) Shares Rose, Shareholder Pinnacle Associates LTD Has Lowered by $458,325 Its Stake; Comcast ‘A’ (CMCSA) Shareholder Gluskin Sheff & Assoc Has Decreased Its Position

January 16, 2018 - By Henry Gaston

Pinnacle Associates Ltd decreased its stake in Thermo Fisher Scientific Inc (TMO) by 7.49% based on its latest 2017Q3 regulatory filing with the SEC. Pinnacle Associates Ltd sold 2,425 shares as the company’s stock rose 8.13% with the market. The institutional investor held 29,954 shares of the industrial machinery and components company at the end of 2017Q3, valued at $5.67M, down from 32,379 at the end of the previous reported quarter. Pinnacle Associates Ltd who had been investing in Thermo Fisher Scientific Inc for a number of months, seems to be less bullish one the $83.28 billion market cap company. The stock decreased 1.19% or $2.5 during the last trading session, reaching $207.67. About 1.04 million shares traded. Thermo Fisher Scientific Inc. (NYSE:TMO) has risen 15.57% since January 16, 2017 and is uptrending. It has underperformed by 1.13% the S&P500.

Gluskin Sheff & Assoc Inc decreased its stake in Comcast Corporation ‘A’ (CMCSA) by 92.18% based on its latest 2017Q3 regulatory filing with the SEC. Gluskin Sheff & Assoc Inc sold 517,614 shares as the company’s stock rose 3.16% with the market. The institutional investor held 43,901 shares of the television services company at the end of 2017Q3, valued at $1.69M, down from 561,515 at the end of the previous reported quarter. Gluskin Sheff & Assoc Inc who had been investing in Comcast Corporation ‘A’ for a number of months, seems to be less bullish one the $196.21B market cap company. The stock decreased 1.08% or $0.46 during the last trading session, reaching $41.98. About 11.19M shares traded. Comcast Corporation (NASDAQ:CMCSA) has risen 28.96% since January 16, 2017 and is uptrending. It has outperformed by 12.26% the S&P500.

Analysts await Thermo Fisher Scientific Inc. (NYSE:TMO) to report earnings on January, 30. They expect $2.66 EPS, up 10.37% or $0.25 from last year’s $2.41 per share. TMO’s profit will be $1.07 billion for 19.52 P/E if the $2.66 EPS becomes a reality. After $2.31 actual EPS reported by Thermo Fisher Scientific Inc. for the previous quarter, Wall Street now forecasts 15.15% EPS growth.

Among 18 analysts covering Thermo Fisher Scientific (NYSE:TMO), 17 have Buy rating, 0 Sell and 1 Hold. Therefore 94% are positive. Thermo Fisher Scientific had 53 analyst reports since July 24, 2015 according to SRatingsIntel. The stock has “Buy” rating by Goldman Sachs on Tuesday, September 26. The rating was maintained by Robert W. Baird with “Buy” on Monday, October 2. Cleveland upgraded the shares of TMO in report on Thursday, July 20 to “Buy” rating. The rating was downgraded by Cleveland to “Neutral” on Friday, September 9. The rating was reinitiated by Leerink Swann with “Outperform” on Thursday, November 10. Robert W. Baird maintained the shares of TMO in report on Monday, October 23 with “Buy” rating. The rating was maintained by Leerink Swann on Monday, October 9 with “Outperform”. Jefferies maintained the shares of TMO in report on Wednesday, September 27 with “Hold” rating. Cowen & Co maintained the shares of TMO in report on Wednesday, October 25 with “Buy” rating. On Tuesday, June 6 the stock rating was maintained by Jefferies with “Hold”.

Pinnacle Associates Ltd, which manages about $6.31 billion and $5.42B US Long portfolio, upped its stake in At&T Inc (NYSE:T) by 16,011 shares to 740,753 shares, valued at $29.02 million in 2017Q3, according to the filing. It also increased its holding in Newell Brands Inc (NYSE:NWL) by 23,122 shares in the quarter, for a total of 150,766 shares, and has risen its stake in Xpo Logistics Inc (NYSE:XPO).

Investors sentiment increased to 0.96 in 2017 Q3. Its up 0.05, from 0.91 in 2017Q2. It increased, as 51 investors sold TMO shares while 383 reduced holdings. 77 funds opened positions while 339 raised stakes. 333.20 million shares or 3.09% more from 323.23 million shares in 2017Q2 were reported. Montana-based First Interstate Retail Bank has invested 0.01% in Thermo Fisher Scientific Inc. (NYSE:TMO). Riverhead Cap Mgmt Ltd Liability Com holds 16,679 shares. Cadence National Bank & Trust Na holds 0.36% or 4,975 shares in its portfolio. Connable Office has invested 0.77% in Thermo Fisher Scientific Inc. (NYSE:TMO). Los Angeles Capital Management And Equity Rech stated it has 240,726 shares. Invest Partners Ltd Oh Adv invested 0.24% of its portfolio in Thermo Fisher Scientific Inc. (NYSE:TMO). Veritas (Uk) holds 7.38% or 110,823 shares. Korea Invest invested 0.38% in Thermo Fisher Scientific Inc. (NYSE:TMO). Welch Forbes Llc invested 0.06% of its portfolio in Thermo Fisher Scientific Inc. (NYSE:TMO). Lawson Kroeker Invest Management Ne has invested 1.25% in Thermo Fisher Scientific Inc. (NYSE:TMO). Parkside Bankshares Trust holds 288 shares. Atwood And Palmer Incorporated invested 3.06% in Thermo Fisher Scientific Inc. (NYSE:TMO). Charter Trust reported 18,232 shares. Loring Wolcott & Coolidge Fiduciary Advsrs Limited Liability Partnership Ma stated it has 189,529 shares. Citigroup Inc accumulated 331,675 shares or 0.05% of the stock.

Since August 2, 2017, it had 0 insider buys, and 7 insider sales for $18.71 million activity. Shine Daniel P sold $366,645 worth of stock. HORNSTRA PETER E sold $721,091 worth of stock or 3,894 shares. HOOGASIAN SETH H had sold 4,140 shares worth $736,092. HARRIS C MARTIN also sold $65,149 worth of Thermo Fisher Scientific Inc. (NYSE:TMO) on Wednesday, August 30. $5.28M worth of Thermo Fisher Scientific Inc. (NYSE:TMO) was sold by Herrema Gregory J.. MANZI JIM P also sold $1.96M worth of Thermo Fisher Scientific Inc. (NYSE:TMO) shares.

Among 29 analysts covering Comcast Corporation (NASDAQ:CMCSA), 24 have Buy rating, 1 Sell and 4 Hold. Therefore 83% are positive. Comcast Corporation had 68 analyst reports since July 27, 2015 according to SRatingsIntel. Oppenheimer maintained Comcast Corporation (NASDAQ:CMCSA) on Monday, August 14 with “Buy” rating. As per Wednesday, October 4, the company rating was maintained by Robert W. Baird. Deutsche Bank upgraded Comcast Corporation (NASDAQ:CMCSA) rating on Friday, January 13. Deutsche Bank has “Buy” rating and $8 target. The stock of Comcast Corporation (NASDAQ:CMCSA) earned “Outperform” rating by RBC Capital Markets on Monday, July 27. Buckingham Research maintained the stock with “Buy” rating in Monday, January 8 report. The firm has “Outperform” rating by RBC Capital Markets given on Thursday, February 4. As per Friday, August 4, the company rating was maintained by Argus Research. The stock of Comcast Corporation (NASDAQ:CMCSA) has “Neutral” rating given on Wednesday, November 11 by Suntrust Robinson. As per Monday, October 23, the company rating was maintained by Wells Fargo. The firm earned “Buy” rating on Wednesday, July 5 by Macquarie Research.

Gluskin Sheff & Assoc Inc, which manages about $7.77B and $971.88M US Long portfolio, upped its stake in Bank Of America Corp. (NYSE:BAC) by 615,258 shares to 1.96M shares, valued at $49.59M in 2017Q3, according to the filing. It also increased its holding in Extended Stay America Inc. (NYSE:STAY) by 51,412 shares in the quarter, for a total of 1.49M shares, and has risen its stake in Berkshire Hathaway Inc. Cl B (BRKB).

Analysts await Comcast Corporation (NASDAQ:CMCSA) to report earnings on January, 24 before the open. They expect $0.48 earnings per share, up 9.09% or $0.04 from last year’s $0.44 per share. CMCSA’s profit will be $2.24 billion for 21.86 P/E if the $0.48 EPS becomes a reality. After $0.52 actual earnings per share reported by Comcast Corporation for the previous quarter, Wall Street now forecasts -7.69% negative EPS growth.

Investors sentiment increased to 1.03 in Q3 2017. 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. Baxter Bros Inc invested in 3.98% or 359,920 shares. Jacobs Levy Equity Mgmt Incorporated stated it has 41,690 shares or 0.03% of all its holdings. Commonwealth Equity Svcs holds 462,071 shares or 0.11% of its portfolio. Janney Montgomery Scott Limited Liability Company stated it has 0.53% of its portfolio in Comcast Corporation (NASDAQ:CMCSA). Pggm Invs reported 4.36 million shares. Gsa Cap Partners Llp reported 10,917 shares. Lodge Hill Cap Limited Co accumulated 550,000 shares or 1.6% of the stock. 167,133 are held by Buckhead Capital Mngmt Ltd Liability. Argyle Cap Management invested 1.04% in Comcast Corporation (NASDAQ:CMCSA). Ct Mason stated it has 2.02% of its portfolio in Comcast Corporation (NASDAQ:CMCSA). 251,577 were reported by Fic Cap Incorporated. Earnest Prns Lc invested in 0.09% or 229,036 shares. Consulta Ltd owns 4.00 million shares or 20.6% of their US portfolio. Tortoise Invest Management Ltd Liability Company has invested 0.14% in Comcast Corporation (NASDAQ:CMCSA). 5,836 were accumulated by Alpha Cubed Investments Ltd Liability Corporation.

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