Microsoft Corp (MSFT) Shareholder Laffer Investments Decreased Its Stake as Shares Rose

May 17, 2018 - By Mary Gaskins

Microsoft Corporation (NASDAQ:MSFT) Corporate LogoDuring 2017 Q4 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 is negative. 676 rose positions while 134 funds took positions. Funds hold 5.46 billion shares thus 0.90% less from 2017Q3’s 5.51 billion shares. Argent, a Tennessee-based fund reported 45,866 shs. 131,250 are held by Van Strum Towne Incorporated. Aviance Capital Prns Lc owns 0.67% invested in Microsoft Corporation (NASDAQ:MSFT) for 23,802 shs. Stillwater Capital holds 185,388 shs. Gw Henssler And Limited stated it has 161,099 shs. Cibc Bank Usa owns 0.61% invested in Microsoft Corporation (NASDAQ:MSFT) for 56,095 shs. Thomaspartners owns 4.37 million shs. Trust Of Toledo Na Oh accumulated 135,553 shs. Foster Dykema Cabot And Co Ma owns 133,205 shs or 1.91% of their US capital. Spirit Of America Mgmt Corporation accumulated 0.33% or 34,450 shs. Heritage Wealth Advisors holds 1% of its capital in Microsoft Corporation (NASDAQ:MSFT) for 27,473 shs. Lvm Capital Mi has invested 4.2% in Microsoft Corporation (NASDAQ:MSFT). Colonial Trust Advisors reported 231,656 shs. Sanders Lc has 6.01% invested in Microsoft Corporation (NASDAQ:MSFT) for 12.74 million shs. Edge Wealth Management Ltd Com holds 4.59% of its capital in Microsoft Corporation (NASDAQ:MSFT) for 188,417 shs.

MSFT had 3 sales and 0 buys since February 16, 2018. This’s net activity of $930,912.

Laffer Investments’s stake in Microsoft Corp (MSFT) is decreased by 2.09% based on its latest 2017Q4 regulatory filing with the SEC. The company’s stock popped up 4.63% while 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 reported value of the prepackaged software company is $12.28B for the 2017Q4. Microsoft Corp has $746.42B market cap. MSFT is hitting $97.15 during the last trading session, after increased 0.26%.Currently Microsoft Corporation is uptrending after 37.43% change in last May 17, 2017. MSFT has 14.51 million shares volume. The stock outperformed the S&P 500 by 25.88%.

A portfolio of $614.32 million and $399.05 billion is managed by Laffer Investments. As it’s registered in SEC form the stake in Red Hat Inc is rose by 9 shares to 1,870 shares. They are valued at $3.09 billion in 2017Q4. For a total of 798 shares it increased its holding in Janus Capital by 2 shares in the quarter, and has risen its stake in Kinder Morgan Inc/Delaware.

On July, 19 is awaited Microsoft Corporation (NASDAQ:MSFT)’s earnings report, as reported by Faxor. Analysts expect change of 10.20 % or $0.10 from previous year’s $0.98 EPS compared to current’s $1.08 EPS. In case of $1.08 EPS MSFT’s profit could be $8.30 billion. After $0.95 EPS was revealed last quarter, analysts now see EPS growth of 13.68 % for Microsoft Corporation.

For more Microsoft Corporation (NASDAQ:MSFT) news announced recently go to: 247Wallst.com, Investorplace.com, Nasdaq.com, 247Wallst.com or 247Wallst.com. The titles are as follows: “Microsoft Catches Amazon as Second Most Valuable Company” announced on April 25, 2018, “The Fight for AI Dominance Could Make or Break Alphabet Inc Stock” on May 16, 2018, “3 Shiny New Crypto and Blockchain ETFs” with a publish date: May 15, 2018, “Will Microsoft’s Q1 Earnings Boost Its Valuation?” and the last “How Microsoft Went From Acquirer to Partner” with publication date: April 19, 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 PT Microsoft Corp has $105.86 average PT 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 Friday, February 2 Morgan Stanley maintained Microsoft Corporation (NASDAQ:MSFT) rating. Morgan Stanley has “Overweight” rating and $110 target. On Wednesday, December 20 Oppenheimer maintained the shares of MSFT in report with “Buy” rating. On Thursday, February 1 the rating was maintained by RBC Capital Markets with “Buy”. On Wednesday, January 31 the firm earned “Buy” rating by Canaccord Genuity. On Thursday, April 19 UBS maintained the shares of MSFT in report with “Buy” rating. On Friday, April 27 the company was upgraded by J.P. Morgan. In Monday, March 26 report Morgan Stanley maintained it with “Overweight” rating and $130 target. On Friday, April 27 the stock of Microsoft Corporation (NASDAQ:MSFT) has “Buy” rating given by Canaccord Genuity. The company rating was maintained by Wells Fargo on Thursday, April 12. On Friday, January 12 the firm has “Buy” rating by Barclays Capital given.

Microsoft Corporation (NASDAQ:MSFT) Institutional Investors Chart

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