Avalon Advisors LLC Has Lowered Its Microsoft Corporation Cmn (MSFT) Stake by $6.82 Million; Stock Value Rose

December 14, 2017 - By Marguerite Chambers

Investors sentiment decreased to 0.82 in Q2 2017. Its down 0.02, from 0.84 in 2017Q1. It dived, as 39 investors sold MSFT shares while 982 reduced holdings. 132 funds opened positions while 703 raised stakes. 5.53 billion shares or 0.72% more from 5.49 billion shares in 2017Q1 were reported. Sns Financial Grp Ltd Llc has 1.62% invested in Microsoft Corporation (NASDAQ:MSFT). Matarin Capital Mngmt Ltd Liability Co holds 0% of its portfolio in Microsoft Corporation (NASDAQ:MSFT) for 28,386 shares. 3G Prtn Limited Partnership holds 7.61% or 1.37 million shares. Loeb Prtn holds 1.23% or 62,020 shares in its portfolio. 17,890 were reported by Lesa Sroufe &. Ing Groep Nv holds 3.31% or 2.50M shares in its portfolio. The New York-based Grace & White Incorporated New York has invested 0.14% in Microsoft Corporation (NASDAQ:MSFT). Norinchukin Bank & Trust The has invested 2.33% of its portfolio in Microsoft Corporation (NASDAQ:MSFT). Gibraltar has 4.33% invested in Microsoft Corporation (NASDAQ:MSFT). Fiduciary Fincl Svcs Of The Southwest Tx holds 0.6% or 28,340 shares in its portfolio. Scholtz And Co Ltd Company has 62,655 shares for 3.73% of their portfolio. Teachers Insur And Annuity Association Of America has 0.5% invested in Microsoft Corporation (NASDAQ:MSFT) for 209,400 shares. Rhumbline Advisers has 12.58M shares for 1.98% of their portfolio. Concert Wealth Mgmt Inc invested 1.05% in Microsoft Corporation (NASDAQ:MSFT). Northrock Ptnrs Limited Liability Corp has invested 0.26% in Microsoft Corporation (NASDAQ:MSFT).

Since August 4, 2017, it had 0 insider purchases, and 3 selling transactions for $513.86 million activity. Hood Amy also sold $4.00M worth of Microsoft Corporation (NASDAQ:MSFT) shares. $1.98M worth of Microsoft Corporation (NASDAQ:MSFT) was sold by COURTOIS JEAN PHILIPPE on Wednesday, August 30.

Avalon Advisors Llc decreased its stake in Microsoft Corporation Cmn (MSFT) by 8.66% based on its latest 2017Q2 regulatory filing with the SEC. Avalon Advisors Llc sold 100,261 shares as the company’s stock rose 4.75% with the market. The hedge fund held 1.06 million shares of the prepackaged software company at the end of 2017Q2, valued at $72.86 million, down from 1.16 million at the end of the previous reported quarter. Avalon Advisors Llc who had been investing in Microsoft Corporation Cmn for a number of months, seems to be less bullish one the $658.44B market cap company. The stock decreased 0.27% or $0.23 during the last trading session, reaching $85.35. About 22.06 million shares traded or 4.81% up from the average. Microsoft Corporation (NASDAQ:MSFT) has risen 34.52% since December 14, 2016 and is uptrending. It has outperformed by 17.82% the S&P500.

Avalon Advisors Llc, which manages about $4.06 billion and $3.01B US Long portfolio, upped its stake in Cypress Semiconductor Com (NASDAQ:CY) by 919,498 shares to 1.03 million shares, valued at $14.13M in 2017Q2, according to the filing.

Analysts await Microsoft Corporation (NASDAQ:MSFT) to report earnings on January, 25. They expect $0.86 EPS, up 3.61 % or $0.03 from last year’s $0.83 per share. MSFT’s profit will be $6.63B for 24.81 P/E if the $0.86 EPS becomes a reality. After $0.84 actual EPS reported by Microsoft Corporation for the previous quarter, Wall Street now forecasts 2.38 % EPS growth.

More notable recent Microsoft Corporation (NASDAQ:MSFT) news were published by: Seekingalpha.com which released: “Microsoft: Large Beneficiary Of Tax Reform” on December 08, 2017, also Investorplace.com with their article: “Is Microsoft Corporation Heading for a Trillion-Dollar Market Cap?” published on December 13, 2017, Seekingalpha.com published: “Microsoft Looks Like An Elephant That Can Still Dance” on December 12, 2017. More interesting news about Microsoft Corporation (NASDAQ:MSFT) were released by: Investorplace.com and their article: “Microsoft Corporation Quietly Gives Up Smartphones” published on November 21, 2017 as well as Seekingalpha.com‘s news article titled: “Microsoft Poised To Take Over The (Smart) Universe” with publication date: December 11, 2017.

Microsoft Corporation (NASDAQ:MSFT) Ratings Coverage

Among 35 analysts covering Microsoft Corporation (NASDAQ:MSFT), 29 have Buy rating, 2 Sell and 4 Hold. Therefore 83% are positive. Microsoft Corporation has $106.0 highest and $20 lowest target. $79.43’s average target is -6.94% below currents $85.35 stock price. Microsoft Corporation had 138 analyst reports since July 22, 2015 according to SRatingsIntel. Morgan Stanley maintained the shares of MSFT in report on Monday, June 19 with “Buy” rating. Vetr upgraded the shares of MSFT in report on Friday, August 21 to “Hold” rating. As per Tuesday, September 26, the company rating was maintained by Credit Suisse. Global Equities Research maintained it with “Overweight” rating and $50 target in Friday, August 28 report. The stock has “Sell” rating by Citigroup on Friday, July 21. On Friday, January 27 the stock rating was maintained by Stifel Nicolaus with “Buy”. The firm earned “Hold” rating on Friday, July 21 by M Partners. The stock has “Overweight” rating by Pacific Crest on Tuesday, September 22. The stock has “Sell” rating by Jefferies on Tuesday, June 13. The firm has “Buy” rating given on Monday, May 29 by RBC Capital Markets.

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