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

May 17, 2018 - By Elliot Rainer

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 worsened due to MSFT positioning: 39 sold and 1012 reduced. 134 funds took stakes and 676 increased stakes. Investors holded 5.51 billion in 2017Q3 but now own 5.46 billion shares or 0.90% less. Miles Inc owns 22,851 shs. Gateway Advisory Lc has invested 0.09% of its capital in Microsoft Corporation (NASDAQ:MSFT). Fcm Tx owns 0.49% invested in Microsoft Corporation (NASDAQ:MSFT) for 4,000 shs. Kessler Group Ltd Com holds 6.63% in Microsoft Corporation (NASDAQ:MSFT) or 61,806 shs. Falcon Edge Capital Ltd Partnership accumulated 376,900 shs. Mutual Of America Capital Management Ltd Liability Corporation stated it has 1.44% of its capital in Microsoft Corporation (NASDAQ:MSFT). Stonebridge Capital Advsrs reported 2.19% in Microsoft Corporation (NASDAQ:MSFT). Credit Limited Liability invested in 2.71% or 30,500 shs. Marathon Cap Mngmt holds 34,346 shs. Moller Financial reported 2,400 shs. Salient Trust Lta holds 2.93% or 304,980 shs. 25,753 are owned by Plante Moran Finance Advsrs Limited Liability Company. Hexavest invested 1.58% in Microsoft Corporation (NASDAQ:MSFT). Waratah Capital Advsrs Limited has 251,951 shs for 2.5% of their capital. Jones Collombin Invest Counsel stated it has 36,695 shs.

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

The stake In Microsoft Corp (MSFT) was reduced held by Laffer Investments. According to 2017Q4 SEC form the reduction is 2.09%. The company’s stock rose 4.63% while stock markets declined as Laffer Investments sold 3,071 shares. The prepackaged software company at the end of 2017Q4 was valued at $12.28B. It’s down from 146,592 at the end of the previous reported quarter. Now it had 143,521 shares held by the institutional investor . $746.42 billion is Microsoft Corp’s MC. MSFT reached $97.15 during the last trading session after $0.25 change.Currently Microsoft Corporation is uptrending after 37.43% change in last May 17, 2017. MSFT has 14.51 million shares volume. MSFT outperformed by 25.88% the S&P 500.

A portfolio of $614.32 million and $399.05 billion is managed by Laffer Investments. As it’s issued in SEC form the stake in Tpg Specialty Lending is rose by 6 shares to 2,336 shares. They are valued at $2.42B in 2017Q4. For a total of 2,589 shares it increased its holding in Wells Fargo & Company Pfd by 3 shares in the quarter, and has risen its stake in Rpm International Inc.

Microsoft Corporation (NASDAQ:MSFT)’s earnings report is awaited by WallStreet on July, 19, Faxor reports. Analysts expect change of 10.20 % or $0.10 from previous year’s $0.98 EPS compared to current’s $1.08 EPS. If EPS of $1.08 is revealed the profit of MSFT could hit $8.30B giving it 22.49 P/E. 13.68 % EPS growth is what analysts predict. $0.95 EPS was revealed for previous quarter.

For more Microsoft Corporation (NASDAQ:MSFT) news published briefly go to: 247Wallst.com, Seekingalpha.com, Nasdaq.com, Investorplace.com or 247Wallst.com. The titles are as follows: “Microsoft Catches Amazon as Second Most Valuable Company” published on April 25, 2018, “Microsoft Building Trust Along With IoT And AI” on May 10, 2018, “Microsoft Corporation Replacing Surface Pro 4s in “Flickergate” Resolution” with a publish date: May 14, 2018, “3 Stocks to Watch on Thursday: Booking Holdings Inc (BKNG), Microsoft Corporation (MSFT) and Qualcomm, Inc …” and the last “Will Microsoft’s Q1 Earnings Boost Its Valuation?” with publication date: April 26, 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. On Tuesday, February 6 the company was maintained by Argus Research. The stock rating was maintained by Wells Fargo with “Buy” on Thursday, April 12. In Thursday, January 25 report JP Morgan maintained the stock with “Neutral” rating. On Friday, May 11 the firm has “Buy” rating given by RBC Capital Markets. On Thursday, February 1 Jefferies maintained Microsoft Corporation (NASDAQ:MSFT) with “Sell” rating. On Friday, March 16 the stock of Microsoft Corporation (NASDAQ:MSFT) earned “Buy” rating by Cowen & Co. On Thursday, January 25 Barclays Capital maintained the shares of MSFT in report with “Overweight” rating. On Thursday, April 12 the rating was maintained by Credit Suisse with “Buy”. On Wednesday, February 14 the rating was maintained by Tigress Financial with “Buy”. On Thursday, February 1 the firm earned “Buy” rating by Bernstein.

Microsoft Corporation (NASDAQ:MSFT) Institutional Investors Chart

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