Microsoft Corp (MSFT) Shareholder Laffer Investments Decreased Stake by $262.69 Million as Shares Rose

May 17, 2018 - By Russell Jones

Microsoft Corporation (NASDAQ:MSFT) Corporate LogoBig Money Sentiment decreased to 0.77 in Q4 2017. It has change of 0.06, from 2017Q3’s 0.83. The ratio is negative due to MSFT positioning: 39 sold and 1012 reduced. 134 funds acquired positions and 676 increased positions. Investors holded 5.51 billion in 2017Q3 but now own 5.46 billion shares or 0.90% less. Private Advisor Group Ltd Liability Company has 0.88% invested in Microsoft Corporation (NASDAQ:MSFT) for 236,816 shs. 115,087 were accumulated by Flippin Bruce Porter Inc. Condor Mgmt accumulated 55,760 shs. Somerville Kurt F owns 132,633 shs or 2.35% of their US capital. 1832 Asset Mgmt LP holds 2.68% of its capital in Microsoft Corporation (NASDAQ:MSFT) for 9.68 million shs. Rodgers Brothers Incorporated has invested 1.23% in Microsoft Corporation (NASDAQ:MSFT). Evergreen Management Limited Liability holds 294,806 shs or 2.55% of its capital. First Citizens National Bank Tru has invested 1.52% in Microsoft Corporation (NASDAQ:MSFT). Moreover, Financial Counselors has 2.08% invested in Microsoft Corporation (NASDAQ:MSFT). First Manhattan reported 3.4% of its capital in Microsoft Corporation (NASDAQ:MSFT). Homrich Berg has 0.39% invested in Microsoft Corporation (NASDAQ:MSFT). Patten Group Inc accumulated 1.6% or 47,166 shs. 391,029 are owned by Huntington Steele Ltd Co. Private Wealth Ptnrs Ltd reported 271,388 shs or 4.29% of all its holdings. Laffer Investments has 143,521 shs for 3.08% of their capital.

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

Laffer Investments reduced its holdings by 2.09% in Microsoft Corp (MSFT), according to 2017Q4 Securities and Exchange form. The company’s stock rose 4.63% while stock markets declined as Laffer Investments sold 3,071 shares. The institutional investor is holding 143,521 shares, compared to the 146,592 from the previous quarter. And the announced value of the prepackaged software company is $12.28 billion for the 2017Q4. $746.42 billion is Microsoft Corp’s market cap. Ticker’s shares touched $97.15 during the last trading session after 0.26% change.Microsoft Corporation has volume of 14.51 million shares. Since May 17, 2017 MSFT has risen 37.43% and is uptrending. MSFT outperformed by 25.88% the S&P500.

About $614.32M and $399.05 billion US Long portfolio Laffer Investments manages. According to a filing the fund rose its stake in Priceline Group Inc by 25 shares to 3,034 shares, valued at $3.56B in 2017Q4. Laffer Investments has risen its stake in Red Hat Inc and also increased its holding in Enbridge Inc (NYSE:ENB) by 83 shares in the quarter, for a total of 52,878 shares.

Earnings report for Microsoft Corporation (NASDAQ:MSFT) is anticipated on July, 19., Zacks reports. Analysts forecast $1.08 earnings per share. That’s $0.10 up or 10.20 % from 2017’s earnings of $0.98. In case of $1.08 earnings per share MSFT’s profit could hit $8.30 billion. 13.68 % EPS growth is what analysts predict. $0.95 earnings per share was published for previous quarter.

For more Microsoft Corporation (NASDAQ:MSFT) news published recently go to: Investorplace.com, Nasdaq.com, 247Wallst.com, Nasdaq.com or Investorplace.com. The titles are as follows: “3 Stocks to Watch on Thursday: Booking Holdings Inc (BKNG), Microsoft Corporation (MSFT) and Qualcomm, Inc …” published on May 10, 2018, “3 Shiny New Crypto and Blockchain ETFs” on May 15, 2018, “Will Microsoft’s Q1 Earnings Boost Its Valuation?” with a publish date: April 26, 2018, “Microsoft Corporation Replacing Surface Pro 4s in “Flickergate” Resolution” and the last “The Fight for AI Dominance Could Make or Break Alphabet Inc Stock” with publication date: May 16, 2018.

Microsoft Corporation (NASDAQ:MSFT) Ratings Coverage

In total 24 analysts cover Microsoft Corp (NASDAQ:MSFT). “Buy” rating has 22, “Sell” are 1, while 1 are “Hold”. 92% are bullish. With $130 highest and $62.0 lowest price target Microsoft Corp has $105.86 average price target or 8.97% above the current ($97.15) price. 49 are the (NASDAQ:MSFT)’s analyst reports since November 27, 2017 according to StockzIntelligence Inc. On Thursday, January 25 J.P. Morgan maintained Microsoft Corporation (NASDAQ:MSFT) with “Hold” rating. In Thursday, January 18 report Credit Suisse maintained the stock with “Buy” rating. On Friday, January 26 the firm has “Buy” rating given by Cowen & Co. On Monday, April 30 the company was maintained by Citigroup. On Wednesday, March 21 the rating was maintained by William Blair with “Buy”. In Wednesday, December 20 report Oppenheimer maintained the stock with “Buy” rating. The company rating was maintained by Tigress Financial on Wednesday, February 14. On Friday, April 27 the stock has “Buy” rating by UBS. On Friday, February 2 the rating was maintained by Nomura with “Buy”. The stock rating was maintained by Barclays Capital with “Overweight” on Friday, April 27.

Microsoft Corporation (NASDAQ:MSFT) Institutional Investors Chart

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