Laffer Investments Stake in Microsoft Corp (MSFT) Decreased by $262.69 Million

May 17, 2018 - By Stephany Jackson

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 turned negative. 676 grew holdings while 134 funds acquired holdings. Funds hold 5.46 billion shares thus 0.90% less from 2017Q3’s 5.51 billion shares. Lbmc Investment Advisors Lc holds 0.09% or 6,625 shs. Neville Rodie Shaw stated it has 186,697 shs or 1.68% of all its holdings. Evercore Wealth Mngmt Limited Liability has 957,890 shs for 3.05% of their capital. Public Employees Retirement Association Of Colorado has invested 2.99% in Microsoft Corporation (NASDAQ:MSFT). Denver Invest Advsrs Lc has invested 1.43% in Microsoft Corporation (NASDAQ:MSFT). Jbf Capital invested in 180,000 shs or 1.94% of the stock. Alecta Pensionsforsakring Omsesidigt owns 9.50M shs. 127,552 were reported by Community Finance Serv Ltd Com. Ci Global Invests, Ontario – Canada-based fund reported 2.16 million shs. Reynders Mcveigh Cap Mngmt Limited Liability Corp, Massachusetts-based fund reported 110,719 shs. Reliance Tru owns 4.36% invested in Microsoft Corporation (NASDAQ:MSFT) for 2,457 shs. Patriot Wealth Mngmt stated it has 140,292 shs. David R Rahn Assocs, California-based fund reported 3,145 shs. Lafleur & Godfrey Limited Liability Company has invested 1.84% of its capital in Microsoft Corporation (NASDAQ:MSFT). 2.00M were reported by Sound Shore Management Inc Ct.

MSFT had 3 sales and 0 insider 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 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. 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 the S&P500 by 25.88%.

Laffer Investments manages about $614.32 million and $399.05 billion US Long portfolio. According to a filing the fund rose its stake in Janus Capital by 2 shares to 798 shares, valued at $1.37 billion in 2017Q4. Laffer Investments has risen its stake in Bunge Ltd. Perpetual Conv Pfd (BGEPF) and also increased its holding in Tcp Capital Corp by 14 shares in the quarter, for a total of 2,011 shares.

On July, 19. Investors wait Microsoft Corporation (NASDAQ:MSFT) to report its quarterly earnings, according to Faxor. Analysts have expectation on stock’s EPS of $1.08. That’s up 10.20 % from last year’s $0.98 EPS. In case of $1.08 EPS MSFT’s profit could reach $8.30B. After $0.95 EPS report last quarter, Wall Street now sees 13.68 % EPS growth of Microsoft Corporation.

For more Microsoft Corporation (NASDAQ:MSFT) news announced briefly go to: 247Wallst.com, Investorplace.com, 247Wallst.com, 247Wallst.com or Nasdaq.com. The titles are as follows: “Will Microsoft’s Q1 Earnings Boost Its Valuation?” announced on April 26, 2018, “The Fight for AI Dominance Could Make or Break Alphabet Inc Stock” on May 16, 2018, “Microsoft Catches Amazon as Second Most Valuable Company” with a publish date: April 25, 2018, “How Microsoft Went From Acquirer to Partner” and the last “3 Shiny New Crypto and Blockchain ETFs” with publication date: May 15, 2018.

Microsoft Corporation (NASDAQ:MSFT) Ratings Coverage

A total of 24 analysts rate Microsoft Corp (NASDAQ:MSFT) as follows: 22 “Buy”, 1 “Hold” and 1 “Sell”. Тherefore 92% are bullish. The firm has $130 highest and $62.0 lowest target. The avg target $105.86 is 8.97% above the last ($97.15) price. (NASDAQ:MSFT) has 49 ratings reports on May 17, 2018 according to StockzIntelligence. In Friday, January 19 report UBS maintained the stock with “Buy” rating. In Tuesday, December 12 report Bernstein maintained it with “Buy” rating and $100.0 target. On Friday, December 8 Evercore maintained Microsoft Corporation (NASDAQ:MSFT) rating. Evercore has “Buy” rating and $106.0 target. On Wednesday, February 14 Tigress Financial maintained the shares of MSFT in report with “Buy” rating. On Friday, April 27 J.P. Morgan upgraded the shares of MSFT in report to “Buy” rating. On Thursday, January 25 the firm has “Hold” rating by J.P. Morgan given. On Wednesday, January 31 the rating was maintained by Credit Suisse with “Buy”. On Thursday, April 19 the stock of Microsoft Corporation (NASDAQ:MSFT) has “Buy” rating given by UBS. On Wednesday, December 20 the stock has “Buy” rating by Oppenheimer. The company rating was maintained by UBS on Friday, April 27.

Microsoft Corporation (NASDAQ:MSFT) Institutional Investors Chart

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