Bragg Financial Advisors Cut Microsoft (MSFT) Position; Griffon (GFF)’s Sentiment Is 0.98

December 12, 2017 - By Dolores Ford

Bragg Financial Advisors Inc decreased Microsoft Corp (MSFT) stake by 5.14% reported in 2017Q2 SEC filing. Bragg Financial Advisors Inc sold 9,024 shares as Microsoft Corp (MSFT)’s stock rose 4.75%. The Bragg Financial Advisors Inc holds 166,396 shares with $11.48 million value, down from 175,420 last quarter. Microsoft Corp now has $662.76B valuation. The stock increased 0.80% or $0.68 during the last trading session, reaching $85.91. About 4.74M shares traded. Microsoft Corporation (NASDAQ:MSFT) has risen 34.52% since December 12, 2016 and is uptrending. It has outperformed by 17.82% the S&P500.

Griffon Corporation, through its wholly-owned subsidiaries, engages in home and building, telephonics, and plastic products businesses worldwide. The company has market cap of $922.83 million. The Company’s Home & Building Products segment makes and markets long-handled tools and landscaping products for homeowners and professionals; and residential and commercial garage doors to professional dealers and home center retail chains. It has a 61.08 P/E ratio. The companyÂ’s Telephonics segment designs, develops, makes, and provides logistical support and lifecycle sustainment services; and intelligence, surveillance, and communications solutions to defense, aerospace, and commercial customers.

Investors sentiment increased to 0.83 in Q2 2017. Its up 0.01, from 0.82 in 2017Q1. It improved, 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. Fcm Invests Tx stated it has 7,800 shares. Peak Asset Management Ltd has invested 3.44% of its portfolio in Microsoft Corporation (NASDAQ:MSFT). Riverhead Capital Management Ltd Liability Com has 0.73% invested in Microsoft Corporation (NASDAQ:MSFT) for 213,179 shares. Columbia Asset Mgmt has invested 3.24% of its portfolio in Microsoft Corporation (NASDAQ:MSFT). Montag & Caldwell Ltd Liability Corp holds 4.71% of its portfolio in Microsoft Corporation (NASDAQ:MSFT) for 2.32M shares. Athena Cap Ltd Liability Com invested in 1.93% or 108,495 shares. Sva Plumb Wealth Ltd Liability Corporation holds 1% of its portfolio in Microsoft Corporation (NASDAQ:MSFT) for 111,651 shares. Arcadia Investment Management Mi has invested 0.2% of its portfolio in Microsoft Corporation (NASDAQ:MSFT). Hills Savings Bank And Trust Company has invested 1.56% in Microsoft Corporation (NASDAQ:MSFT). Hallmark Capital Mngmt reported 289,983 shares. Hillsdale Inv reported 5,000 shares. Parkwood Ltd Liability Co owns 104,284 shares for 1.08% of their portfolio. Valley National Advisers Inc stated it has 45,688 shares or 1.13% of all its holdings. Veritas Inv Mgmt (Uk) Limited reported 295,490 shares. Security National Bank & Trust Of So Dak accumulated 20,936 shares.

Among 35 analysts covering Microsoft Corporation (NASDAQ:MSFT), 29 have Buy rating, 2 Sell and 4 Hold. Therefore 83% are positive. Microsoft Corporation had 137 analyst reports since July 22, 2015 according to SRatingsIntel. Bank of America upgraded the stock to “Neutral” rating in Thursday, October 1 report. The rating was maintained by UBS with “Buy” on Thursday, November 9. The company was maintained on Friday, October 23 by UBS. On Wednesday, August 23 the stock rating was maintained by BMO Capital Markets with “Buy”. As per Wednesday, January 13, the company rating was upgraded by Morgan Stanley. The rating was maintained by Canaccord Genuity with “Hold” on Friday, January 27. Cowen & Co maintained the shares of MSFT in report on Friday, April 1 with “Market Perform” rating. RBC Capital Markets maintained the shares of MSFT in report on Wednesday, January 6 with “Outperform” rating. Wunderlich maintained it with “Hold” rating and $55 target in Friday, January 29 report. The firm has “Buy” rating by Tigress Financial given on Tuesday, November 7.

Analysts await Microsoft Corporation (NASDAQ:MSFT) to report earnings on January, 25. They expect $0.86 earnings per share, up 3.61% or $0.03 from last year’s $0.83 per share. MSFT’s profit will be $6.63B for 24.97 P/E if the $0.86 EPS becomes a reality. After $0.84 actual earnings per share reported by Microsoft Corporation for the previous quarter, Wall Street now forecasts 2.38% EPS growth.

Teton Advisors Inc. holds 0.91% of its portfolio in Griffon Corporation for 422,703 shares. Norman Fields Gottscho Capital Management Llc owns 58,275 shares or 0.8% of their US portfolio. Moreover, Gamco Investors Inc. Et Al has 0.76% invested in the company for 5.43 million shares. The Massachusetts-based Ironwood Investment Management Llc has invested 0.61% in the stock. Gabelli Funds Llc, a New York-based fund reported 1.58 million shares.

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