As Celgene (CELG) Market Value Declined, Holder Bank Of Hawaii Has Lifted Its Position; Assetmark Position in Comcast New Cl A (CMCSA) Has Cut as Shares Rose

February 25, 2018 - By Vivian Park

Assetmark Inc decreased its stake in Comcast Corp New Cl A (CMCSA) by 72.11% based on its latest 2017Q3 regulatory filing with the SEC. Assetmark Inc sold 55,108 shares as the company’s stock rose 3.16% with the market. The institutional investor held 21,315 shares of the television services company at the end of 2017Q3, valued at $821,000, down from 76,423 at the end of the previous reported quarter. Assetmark Inc who had been investing in Comcast Corp New Cl A for a number of months, seems to be less bullish one the $183.46 billion market cap company. The stock increased 1.80% or $0.7 during the last trading session, reaching $39.5. About 16.51M shares traded. Comcast Corporation (NASDAQ:CMCSA) has risen 28.96% since February 25, 2017 and is uptrending. It has outperformed by 12.26% the S&P500.

Bank Of Hawaii increased its stake in Celgene Corp (CELG) by 16.26% based on its latest 2017Q3 regulatory filing with the SEC. Bank Of Hawaii bought 2,703 shares as the company’s stock declined 3.49% while stock markets rallied. The institutional investor held 19,330 shares of the major pharmaceuticals company at the end of 2017Q3, valued at $2.82M, up from 16,627 at the end of the previous reported quarter. Bank Of Hawaii who had been investing in Celgene Corp for a number of months, seems to be bullish on the $71.92 billion market cap company. The stock increased 1.95% or $1.83 during the last trading session, reaching $95.61. About 4.03M shares traded. Celgene Corporation (NASDAQ:CELG) has risen 17.00% since February 25, 2017 and is uptrending. It has outperformed by 0.30% the S&P500.

Analysts await Comcast Corporation (NASDAQ:CMCSA) to report earnings on April, 26. They expect $0.60 earnings per share, up 13.21% or $0.07 from last year’s $0.53 per share. CMCSA’s profit will be $2.79B for 16.46 P/E if the $0.60 EPS becomes a reality. After $0.49 actual earnings per share reported by Comcast Corporation for the previous quarter, Wall Street now forecasts 22.45% EPS growth.

Since September 15, 2017, it had 0 insider buys, and 5 sales for $31.15 million activity. $156,931 worth of stock was sold by BLOCK ARTHUR R on Thursday, September 28. On Thursday, December 14 ROBERTS BRIAN L sold $22.57M worth of Comcast Corporation (NASDAQ:CMCSA) or 583,835 shares. On Friday, September 15 BACON KENNETH J sold $83,175 worth of Comcast Corporation (NASDAQ:CMCSA) or 2,232 shares.

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. The firm has “Sell” rating by Citigroup given on Wednesday, July 26. As per Thursday, July 27, the company rating was maintained by Oppenheimer. UBS maintained the stock with “Buy” rating in Friday, July 24 report. 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. Telsey Advisory Group maintained Comcast Corporation (NASDAQ:CMCSA) on Tuesday, January 24 with “Outperform” rating. The stock of Comcast Corporation (NASDAQ:CMCSA) has “Buy” rating given on Wednesday, October 4 by Robert W. Baird. The rating was maintained by RBC Capital Markets on Wednesday, October 28 with “Outperform”. The firm earned “Buy” rating on Thursday, January 18 by Moffett Nathanson. The stock has “Buy” rating by Goldman Sachs on Wednesday, May 4.

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. New Mexico Educational Retirement Board owns 439,966 shares or 0.81% of their US portfolio. Hardman Johnston Glob Advsrs Ltd Co has invested 1.41% of its portfolio in Comcast Corporation (NASDAQ:CMCSA). The New York-based American Grp has invested 0.28% in Comcast Corporation (NASDAQ:CMCSA). Odey Asset Mgmt Ltd owns 70,800 shares or 0.25% of their US portfolio. Consulate stated it has 0.13% of its portfolio in Comcast Corporation (NASDAQ:CMCSA). Meyer Handelman holds 0.03% or 15,800 shares. Pekin Singer Strauss Asset Mgmt Il reported 0.06% of its portfolio in Comcast Corporation (NASDAQ:CMCSA). Crawford Invest Counsel has invested 0.01% in Comcast Corporation (NASDAQ:CMCSA). Colony Ltd holds 140,172 shares or 0.37% of its portfolio. Css Ltd Co Il has invested 0.02% of its portfolio in Comcast Corporation (NASDAQ:CMCSA). Interocean Cap Limited Liability Company owns 8,432 shares for 0.05% of their portfolio. Livforsakringsbolaget Skandia Omsesidigt accumulated 159,312 shares. Solaris Asset Ltd Liability Company stated it has 0.14% in Comcast Corporation (NASDAQ:CMCSA). Tci Wealth Advisors Incorporated has invested 0.56% in Comcast Corporation (NASDAQ:CMCSA). Rdl Finance has invested 1.47% in Comcast Corporation (NASDAQ:CMCSA).

Assetmark Inc, which manages about $13.57B and $8.79 billion US Long portfolio, upped its stake in Vanguard Bd Index Fd Inc Total Bnd Mrkt (BND) by 430,513 shares to 1.36M shares, valued at $111.49 million in 2017Q3, according to the filing. It also increased its holding in Quality Sys Inc Com (NASDAQ:QSII) by 39,732 shares in the quarter, for a total of 110,584 shares, and has risen its stake in Ishares Tr Core Us Aggbd Et (AGG).

Among 33 analysts covering Celgene Corporation (NASDAQ:CELG), 19 have Buy rating, 2 Sell and 12 Hold. Therefore 58% are positive. Celgene Corporation had 132 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Celgene Corporation (NASDAQ:CELG) earned “Buy” rating by Robert W. Baird on Tuesday, September 19. As per Thursday, January 7, the company rating was initiated by Suntrust Robinson. The stock has “Buy” rating by Cantor Fitzgerald on Monday, August 28. The firm earned “Buy” rating on Tuesday, September 12 by Cowen & Co. The stock of Celgene Corporation (NASDAQ:CELG) earned “Equal-Weight” rating by Barclays Capital on Friday, October 20. The rating was downgraded by BTIG Research on Friday, June 30 to “Neutral”. Jefferies maintained it with “Buy” rating and $160.0 target in Thursday, September 14 report. Canaccord Genuity maintained the shares of CELG in report on Friday, October 27 with “Buy” rating. The firm has “Outperform” rating by Cowen & Co given on Wednesday, August 12. The firm has “Underweight” rating by Morgan Stanley given on Monday, October 23.

Bank Of Hawaii, which manages about $1.30B and $1.18 billion US Long portfolio, decreased its stake in Astrazeneca (NYSE:AZN) by 13,185 shares to 95,575 shares, valued at $3.24M in 2017Q3, according to the filing. It also reduced its holding in Abbvie Inc (NYSE:ABBV) by 22,360 shares in the quarter, leaving it with 115,444 shares, and cut its stake in Vanguard (VMBS).

Since September 5, 2017, it had 1 insider buy, and 4 insider sales for $4.31 million activity. Shares for $248,498 were sold by Curran Terrie. $1.31M worth of Celgene Corporation (NASDAQ:CELG) was sold by KAPLAN GILLA. $1.29 million worth of Celgene Corporation (NASDAQ:CELG) was sold by CASEY MICHAEL D on Tuesday, September 5.

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