United States Steel & Carnegie Pension Fund Increases Holding in Comcast (CMCSA); As Alliance Data Systems (ADS) Stock Rose, Banque Pictet & Cie Sa Raised Its Holding

January 17, 2018 - By Migdalia James

Banque Pictet & Cie Sa increased its stake in Alliance Data Systems Corp (ADS) by 16.18% based on its latest 2017Q3 regulatory filing with the SEC. Banque Pictet & Cie Sa bought 3,975 shares as the company’s stock rose 0.06% with the market. The institutional investor held 28,539 shares of the business services company at the end of 2017Q3, valued at $6.32 million, up from 24,564 at the end of the previous reported quarter. Banque Pictet & Cie Sa who had been investing in Alliance Data Systems Corp for a number of months, seems to be bullish on the $14.31B market cap company. The stock increased 0.33% or $0.86 during the last trading session, reaching $258.93. About 391,975 shares traded. Alliance Data Systems Corporation (NYSE:ADS) has risen 14.47% since January 17, 2017 and is uptrending. It has underperformed by 2.23% the S&P500.

United States Steel & Carnegie Pension Fund increased its stake in Comcast Corp (CMCSA) by 37% based on its latest 2017Q3 regulatory filing with the SEC. United States Steel & Carnegie Pension Fund bought 270,400 shares as the company’s stock rose 3.16% with the market. The institutional investor held 1.00 million shares of the television services company at the end of 2017Q3, valued at $38.53 million, up from 730,808 at the end of the previous reported quarter. United States Steel & Carnegie Pension Fund who had been investing in Comcast Corp for a number of months, seems to be bullish on the $194.52B market cap company. The stock decreased 0.48% or $0.2 during the last trading session, reaching $41.62. About 7.15 million shares traded. Comcast Corporation (NASDAQ:CMCSA) has risen 28.96% since January 17, 2017 and is uptrending. It has outperformed by 12.26% 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 68 analyst reports since July 27, 2015 according to SRatingsIntel. Goldman Sachs maintained it with “Buy” rating and $70 target in Wednesday, May 4 report. The firm has “Buy” rating by HSBC given on Thursday, January 19. The rating was maintained by RBC Capital Markets with “Outperform” on Thursday, February 4. The stock of Comcast Corporation (NASDAQ:CMCSA) has “Buy” rating given on Tuesday, December 8 by Nomura. As per Friday, October 27, the company rating was maintained by Nomura. The stock of Comcast Corporation (NASDAQ:CMCSA) earned “Buy” rating by Robert W. Baird on Wednesday, October 4. Macquarie Research maintained the stock with “Neutral” rating in Tuesday, September 29 report. The firm earned “Buy” rating on Thursday, July 27 by Oppenheimer. The firm earned “Outperform” rating on Wednesday, January 6 by Credit Suisse. Bank of America maintained the shares of CMCSA in report on Wednesday, June 28 with “Buy” rating.

Since August 7, 2017, it had 0 insider purchases, and 5 selling transactions for $23.18 million activity. BACON KENNETH J had sold 2,232 shares worth $83,175 on Friday, September 15. $224,575 worth of Comcast Corporation (NASDAQ:CMCSA) was sold by BLOCK ARTHUR R. 3,659 shares valued at $144,915 were sold by Murdock Daniel C. 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. Orrstown Fin Ser Incorporated holds 0.05% or 1,118 shares. Washington-based Zevenbergen Invs Limited Liability has invested 0.03% in Comcast Corporation (NASDAQ:CMCSA). New York-based New York State Common Retirement Fund has invested 0.67% in Comcast Corporation (NASDAQ:CMCSA). Aspiriant Llc reported 0.22% stake. Mufg Americas Holdings Corporation reported 0.76% of its portfolio in Comcast Corporation (NASDAQ:CMCSA). Sphera Funds Mgmt Ltd accumulated 66,360 shares or 0.36% of the stock. Cardinal Capital Management holds 0.06% or 17,250 shares. Ashfield Ptnrs Ltd Liability Corp holds 42,708 shares or 0.22% of its portfolio. Portfolio Solutions Ltd Limited Liability Company has 506 shares for 0% of their portfolio. Wedge Capital L Limited Partnership Nc stated it has 0.3% of its portfolio in Comcast Corporation (NASDAQ:CMCSA). 137 were accumulated by Winslow Ltd Company. Scotia Cap holds 0.26% of its portfolio in Comcast Corporation (NASDAQ:CMCSA) for 481,066 shares. Invesco Limited reported 0.88% stake. Glob Thematic Prns Ltd Company owns 2.08M shares. 8.90M are held by Td Asset Mngmt Inc.

United States Steel & Carnegie Pension Fund, which manages about $2.19 billion US Long portfolio, decreased its stake in Wyndham Worldwide Corp (NYSE:WYN) by 293,500 shares to 49,708 shares, valued at $5.24M in 2017Q3, according to the filing. It also reduced its holding in Charter Commun Inc Class A by 102,000 shares in the quarter, leaving it with 84,400 shares, and cut its stake in Wells Fargo & Co (NYSE:WFC).

Banque Pictet & Cie Sa, which manages about $4.42B US Long portfolio, decreased its stake in General Electric Co (NYSE:GE) by 160,135 shares to 311,883 shares, valued at $7.54 million in 2017Q3, according to the filing. It also reduced its holding in Spdr Series Trust (XRT) by 13,060 shares in the quarter, leaving it with 106,680 shares, and cut its stake in Bank Amer Corp (NYSE:BAC).

Among 32 analysts covering Alliance Data Systems (NYSE:ADS), 18 have Buy rating, 3 Sell and 11 Hold. Therefore 56% are positive. Alliance Data Systems had 72 analyst reports since August 9, 2015 according to SRatingsIntel. Credit Suisse initiated Alliance Data Systems Corporation (NYSE:ADS) on Friday, December 11 with “Neutral” rating. The firm has “Buy” rating by SunTrust given on Thursday, October 19. The rating was downgraded by JP Morgan to “Neutral” on Friday, December 9. The firm earned “Buy” rating on Tuesday, August 29 by RBC Capital Markets. The stock of Alliance Data Systems Corporation (NYSE:ADS) has “Neutral” rating given on Tuesday, April 26 by Susquehanna. Robert W. Baird maintained the stock with “Hold” rating in Friday, October 13 report. The rating was upgraded by Stifel Nicolaus to “Buy” on Thursday, August 20. The stock of Alliance Data Systems Corporation (NYSE:ADS) has “Hold” rating given on Wednesday, November 22 by BMO Capital Markets. RBC Capital Markets maintained it with “Buy” rating and $280.0 target in Sunday, October 1 report. The firm has “Buy” rating given on Thursday, September 17 by Zacks.

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