Microsoft Corp (MSFT) Stake Decreased by Laffer Investments

May 17, 2018 - By Gwen Gough

Microsoft Corporation (NASDAQ:MSFT) Corporate LogoDuring Q4 2017 the big money sentiment decreased to 0.77. That’s change of 0.06, from 2017Q3’s 0.83. 39 investors sold all, 1012 reduced holdings as MSFT ratio turned negative. 676 increased stakes while 134 funds acquired stakes. Funds hold 5.46 billion shares thus 0.90% less from 2017Q3’s 5.51 billion shares. First Tru Advsr LP owns 2.55 million shs. Coldstream Cap Mgmt Inc owns 667,042 shs for 6.19% of their capital. 21,945 are owned by Atlas Browninc. Cs Mckee Lp invested in 566,135 shs or 3.62% of the stock. Dsc Advisors Ltd Partnership stated it has 0.66% in Microsoft Corporation (NASDAQ:MSFT). Mondrian Investment Prns invested 2.47% in Microsoft Corporation (NASDAQ:MSFT). Quantitative Systematic Strategies Ltd Com accumulated 31,541 shs. 25,962 are held by Drexel Morgan &. Curbstone Fincl Mngmt Corp reported 25,158 shs. 1St Source Bankshares stated it has 158,627 shs or 1.12% of all its holdings. Ifrah Ser invested 0.54% in Microsoft Corporation (NASDAQ:MSFT). Beck Mack Oliver Ltd Co reported 3.86% in Microsoft Corporation (NASDAQ:MSFT). 875,449 were accumulated by Avenir Corporation. Charter Trust owns 94,647 shs. Ibm Retirement Fund holds 194,461 shs.

MSFT registered $930,912 net activity with 0 insider buys and 3 selling transactions since February 16, 2018.

Based on the latest 2017Q4 regulatory filing with the SEC, Laffer Investments decreased its holdings in Microsoft Corp (MSFT) by 2.09%. The company’s stock popped up 4.63% while Laffer Investments sold 3,071 shares. At the end of 2017Q4, the 143,521 shares of the prepackaged software company held by the institutional investor were priced at $12.28 billion, down from 146,592 at the end of the previous reported quarter. $746.42 billion is the market cap of Microsoft Corp. Ticker’s shares touched $97.15 during the last trading session after 0.26% change.Microsoft Corporation has volume of 14.51M shares. Since May 17, 2017 MSFT has risen 37.43% and is uptrending. MSFT outperformed by 25.88% the S&P500.

According to a filing the Laffer Investments’s stake in Rpm International Inc was increased by 14 shares to 1,667 shares valued at $1.94B in 2017Q4. It manages about $614.32M and $399.05 billion US Long portfolio. For a total of 28,464 shares it increased its holding in Stanley Black & Decker by 104 shares in the quarter, and has risen its stake in Ares Capital Corp.

Investors expect Microsoft Corporation (NASDAQ:MSFT)’s quarterly earnings on July, 19., Faxor reports. Analysts forecast 10.20 % diference or $1.08 from the $0.98 EPS from 2017. MSFT’s profit could hit $8.30B with 22.49 P/E in case $1.08 EPS is announced. Wall Street sees 13.68 % EPS growth as of July, 19.

For more Microsoft Corporation (NASDAQ:MSFT) news posted recently go to: Investorplace.com, Nasdaq.com, Investorplace.com, Seekingalpha.com or 247Wallst.com. The titles are as follows: “3 Stocks to Watch on Thursday: Booking Holdings Inc (BKNG), Microsoft Corporation (MSFT) and Qualcomm, Inc …” posted on May 10, 2018, “Microsoft Corporation Replacing Surface Pro 4s in “Flickergate” Resolution” on May 14, 2018, “The Fight for AI Dominance Could Make or Break Alphabet Inc Stock” with a publish date: May 16, 2018, “Microsoft Building Trust Along With IoT And AI” and the last “Microsoft Catches Amazon as Second Most Valuable Company” with publication date: April 25, 2018.

Microsoft Corporation (NASDAQ:MSFT) Ratings Coverage

Total analysts of 24 have positions in Microsoft Corp (NASDAQ:MSFT) as follows: 22 rated it a “Buy”, 1 with “Sell” and 1 with “Hold”. The positive are 92%. The firm has $130 highest while $62.0 is the lowest target. The average target $105.86 is 8.97% above the last ($97.15) price. Since November 27, 2017 according to StockzIntelligence Inc Microsoft Corp has 49 analyst reports. The company rating was upgraded by J.P. Morgan on Friday, April 27. The stock rating was maintained by BMO Capital Markets with “Buy” on Wednesday, January 31. On Wednesday, January 3 Piper Jaffray maintained Microsoft Corporation (NASDAQ:MSFT) with “Buy” rating. On Thursday, January 25 the rating was maintained by BMO Capital Markets with “Buy”. On Friday, January 12 the stock of Microsoft Corporation (NASDAQ:MSFT) has “Buy” rating given by Barclays Capital. The company rating was maintained by UBS on Friday, April 27. In Wednesday, December 20 report RBC Capital Markets maintained it with “Buy” rating and $100.0 target. On Friday, December 8 the firm has “Buy” rating by UBS given. On Friday, May 11 the stock of Microsoft Corporation (NASDAQ:MSFT) earned “Buy” rating by RBC Capital Markets. On Thursday, February 1 the rating was maintained by Bank of America with “Buy”.

Microsoft Corporation (NASDAQ:MSFT) Institutional Investors Chart

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