Benin Management Has Upped Its Comcast New (CMCSA) Stake by $1.00 Million; Exxon Mobil (XOM) Holder Iberiabank Boosted Its Position by $3.73 Million

January 7, 2018 - By Nellie Frank

Benin Management Corp increased its stake in Comcast Corp New (CMCSA) by 361.84% based on its latest 2017Q3 regulatory filing with the SEC. Benin Management Corp bought 26,429 shares as the company’s stock rose 3.16% with the market. The institutional investor held 33,733 shares of the television services company at the end of 2017Q3, valued at $1.30 million, up from 7,304 at the end of the previous reported quarter. Benin Management Corp who had been investing in Comcast Corp New for a number of months, seems to be bullish on the $191.81B market cap company. The stock increased 0.91% or $0.37 during the last trading session, reaching $41.04. About 17.01 million shares traded. Comcast Corporation (NASDAQ:CMCSA) has risen 28.96% since January 7, 2017 and is uptrending. It has outperformed by 12.26% the S&P500.

Iberiabank Corp increased its stake in Exxon Mobil Corp (XOM) by 58.52% based on its latest 2017Q3 regulatory filing with the SEC. Iberiabank Corp bought 45,501 shares as the company’s stock rose 0.21% with the market. The institutional investor held 123,250 shares of the integrated oil company at the end of 2017Q3, valued at $10.12 million, up from 77,749 at the end of the previous reported quarter. Iberiabank Corp who had been investing in Exxon Mobil Corp for a number of months, seems to be bullish on the $367.57 billion market cap company. The stock decreased 0.08% or $0.07 during the last trading session, reaching $86.75. About 11.05 million shares traded or 14.26% up from the average. Exxon Mobil Corporation (NYSE:XOM) has declined 9.08% since January 7, 2017 and is downtrending. It has underperformed by 25.78% the S&P500.

Among 29 analysts covering Comcast Corporation (NASDAQ:CMCSA), 24 have Buy rating, 1 Sell and 4 Hold. Therefore 83% are positive. Comcast Corporation had 67 analyst reports since July 27, 2015 according to SRatingsIntel. The firm has “Neutral” rating by SunTrust given on Wednesday, November 11. The stock of Comcast Corporation (NASDAQ:CMCSA) earned “Buy” rating by Nomura on Friday, October 27. The firm earned “Buy” rating on Wednesday, May 4 by Goldman Sachs. The firm earned “Buy” rating on Thursday, July 27 by Oppenheimer. Wunderlich maintained it with “Buy” rating and $78.0 target in Wednesday, September 16 report. RBC Capital Markets maintained it with “Outperform” rating and $66 target in Monday, July 27 report. Guggenheim maintained the shares of CMCSA in report on Tuesday, December 19 with “Buy” rating. On Wednesday, July 26 the stock rating was downgraded by Citigroup to “Sell”. Pivotal Research maintained Comcast Corporation (NASDAQ:CMCSA) on Thursday, July 23 with “Buy” rating. The rating was maintained by Pivotal Research with “Buy” on Thursday, December 17.

Benin Management Corp, which manages about $278.88M and $248.13M US Long portfolio, decreased its stake in Pnc Finl Svcs Group Inc (NYSE:PNC) by 2,600 shares to 49,753 shares, valued at $6.71 million in 2017Q3, according to the filing. It also reduced its holding in Procter And Gamble Co (NYSE:PG) by 4,350 shares in the quarter, leaving it with 26,277 shares, and cut its stake in Schlumberger Ltd (NYSE:SLB).

Since August 7, 2017, it had 0 insider buys, and 5 sales for $23.18 million activity. BLOCK ARTHUR R also sold $156,931 worth of Comcast Corporation (NASDAQ:CMCSA) on Thursday, September 28. 583,835 shares were sold by ROBERTS BRIAN L, worth $22.57M. Murdock Daniel C. also sold $144,915 worth of Comcast Corporation (NASDAQ:CMCSA) on Monday, August 7.

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. Pinebridge LP holds 0.38% in Comcast Corporation (NASDAQ:CMCSA) or 407,393 shares. Private Advisor Gru, a New Jersey-based fund reported 175,373 shares. Reliance Tru Of Delaware reported 178,783 shares. Atalanta Sosnoff Ltd Limited Liability Company accumulated 668,987 shares. Personal Cap Advisors Corp stated it has 0.65% in Comcast Corporation (NASDAQ:CMCSA). Gluskin Sheff Assocs has 43,901 shares for 0.17% of their portfolio. Point72 Asset Mngmt Limited Partnership holds 0.3% or 1.76M shares in its portfolio. Lenox Wealth accumulated 24 shares or 0% of the stock. South Dakota Inv Council holds 76,400 shares or 0.06% of its portfolio. Reaves W H And Commerce reported 5.28% of its portfolio in Comcast Corporation (NASDAQ:CMCSA). Moreover, Rhumbline Advisers has 0.68% invested in Comcast Corporation (NASDAQ:CMCSA). Crow Point Prtn Ltd Liability Corporation stated it has 2.73% of its portfolio in Comcast Corporation (NASDAQ:CMCSA). 39,905 are owned by Cobblestone Ltd Llc Ny. Thompson Davis Inc holds 0.24% or 3,532 shares in its portfolio. Synovus owns 87,345 shares or 0.06% of their US portfolio.

Since August 4, 2017, it had 0 buys, and 6 insider sales for $5.32 million activity. Another trade for 7,281 shares valued at $606,082 was made by Milton Bryan W on Tuesday, December 12. Shares for $88,253 were sold by REINEMUND STEVEN on Friday, August 4. 12,000 shares valued at $996,628 were sold by Chapman Neil A on Thursday, December 14. Corson Bradley W sold $1.62M worth of stock. Wascom Dennis G sold $200,293 worth of Exxon Mobil Corporation (NYSE:XOM) on Friday, December 15.

Investors sentiment is 0.85 in Q3 2017. Its the same as in 2017Q2. It is flat, as 57 investors sold XOM shares while 806 reduced holdings. only 114 funds opened positions while 621 raised stakes. 2.13 billion shares or 0.48% more from 2.12 billion shares in 2017Q2 were reported. Mai Management holds 120,564 shares. Tarbox Family Office Inc holds 8,313 shares. Invest Prns Limited Oh Adv reported 0.78% stake. Segment Wealth Ltd Liability Corporation reported 88,853 shares stake. Independence Trust Co, Tennessee-based fund reported 3,207 shares. Nuveen Asset Lc holds 430,633 shares. Schwartz Inv Counsel has 1.55% invested in Exxon Mobil Corporation (NYSE:XOM) for 302,188 shares. Glg Lc stated it has 203,741 shares. 104,664 are held by Reliance Trust Co Of Delaware. Highlander Capital Limited Liability holds 0.19% or 2,933 shares. Pictet & Cie (Europe), Luxembourg-based fund reported 7,295 shares. Pr Herzig Co has 15,845 shares. Wellington Shields Limited Liability Company holds 1.26% of its portfolio in Exxon Mobil Corporation (NYSE:XOM) for 46,517 shares. Diligent Investors holds 0.26% in Exxon Mobil Corporation (NYSE:XOM) or 4,294 shares. Hourglass Lc owns 0.86% invested in Exxon Mobil Corporation (NYSE:XOM) for 43,826 shares.