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

May 17, 2018 - By Bridget Boland

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 fall. 676 increased holdings while 134 funds acquired holdings. Funds hold 5.46 billion shares thus 0.90% less from 2017Q3’s 5.51 billion shares. Twin Tree Lp accumulated 372,924 shs or 0.24% of the stock. Marketfield Asset Mngmt Lc accumulated 95,476 shs. Shell Asset Mgmt accumulated 1.88% or 1.11M shs. Meiji Yasuda Life Company owns 190,407 shs. Appleton Ptnrs Incorporated Ma invested in 101,152 shs. Investec Asset Mgmt North America holds 2.6% of its capital in Microsoft Corporation (NASDAQ:MSFT) for 191,303 shs. Qci Asset Inc Ny reported 188,143 shs. Mastrapasqua Asset Management holds 207,394 shs. Lumbard And Kellner Ltd Liability has invested 0.19% of its capital in Microsoft Corporation (NASDAQ:MSFT). Uss Inv Mgmt, a United Kingdom-based fund reported 1.52 million shs. Nichols Pratt Advisers Limited Liability Partnership Ma holds 1.82% or 245,713 shs in its capital. Steinberg Asset Mngmt owns 0.49% invested in Microsoft Corporation (NASDAQ:MSFT) for 40,105 shs. Artisan Partners Limited Partnership holds 0.73% of its capital in Microsoft Corporation (NASDAQ:MSFT) for 4.52 million shs. Lvw Ltd Llc accumulated 61,804 shs or 1.54% of the stock. Allen Invest Mngmt Limited Liability Corp stated it has 1.44 million shs.

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

In Microsoft Corp (MSFT) was decreased the stake held by Laffer Investments. The reduction is 2.09% according to 2017Q4 SEC form. The company’s stock rose 4.63% while stock markets declined as Laffer Investments sold 3,071 shares. The prepackaged software company reported $12.28B value for the 2017Q4. Now the institutional investor is holding 143,521 shares, compared to the 146,592 from the previous quarter. $746.42B is the MC of Microsoft Corp. The stock increased 0.26% or $0.25 during the last trading session, hitting $97.15.Currently Microsoft Corporation is uptrending after 37.43% change in last May 17, 2017. MSFT has 14.51M shares volume. MSFT outperformed the S&P 500 by 25.88%.

According to a filing Laffer Investments upped its stake in Citrix Inc by 17 shares to 1,544 shares, valued at $2.00B in 2017Q4. The fund manages about $614.32 million and $399.05B US Long portfolio. Laffer Investments has risen its stake in Bunge Ltd. Perpetual Conv Pfd (BGEPF) and also increased its holding in Priceline Group Inc by 25 shares in the quarter, for a total of 3,034 shares.

Earnings report for Microsoft Corporation (NASDAQ:MSFT) is expected on July, 19., as reported by RTT. Analysts predict 10.20 % diference or $1.08 from the $0.98 EPS from 2017. If $1.08 is reported, MSFT’s profit will reach $8.30 billion for 22.49 P/E. Wall Street forecasts 13.68 % EPS growth as of July, 19.

For more Microsoft Corporation (NASDAQ:MSFT) news published recently go to: Seekingalpha.com, 247Wallst.com, 247Wallst.com, Nasdaq.com or Investorplace.com. The titles are as follows: “Microsoft Does It Again” published on May 01, 2018, “Will Microsoft’s Q1 Earnings Boost Its Valuation?” on April 26, 2018, “Microsoft Catches Amazon as Second Most Valuable Company” with a publish date: April 25, 2018, “Microsoft Corporation Replacing Surface Pro 4s in “Flickergate” Resolution” and the last “3 Stocks to Watch on Thursday: Booking Holdings Inc (BKNG), Microsoft Corporation (MSFT) and Qualcomm, Inc …” with publication date: May 10, 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 target Microsoft Corp has $105.86 average 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 the rating was maintained by Barclays Capital with “Overweight”. On Friday, January 26 the rating was maintained by Cowen & Co with “Buy”. On Thursday, February 1 the rating was maintained by Stifel Nicolaus with “Buy”. On Friday, February 2 Nomura maintained Microsoft Corporation (NASDAQ:MSFT) with “Buy” rating. On Thursday, January 25 the firm has “Buy” rating by Canaccord Genuity given. The stock rating was maintained by Barclays Capital with “Buy” on Friday, January 12. On Thursday, February 1 KeyBanc Capital Markets maintained Microsoft Corporation (NASDAQ:MSFT) with “Overweight” rating. On Tuesday, January 23 the firm has “Buy” rating given by Stifel Nicolaus. In Friday, April 27 report Barclays Capital maintained the stock with “Overweight” rating. On Friday, March 16 the rating was maintained by Cowen & Co with “Buy”.

Microsoft Corporation (NASDAQ:MSFT) Institutional Investors Chart

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