As Microsoft Corp (MSFT) Shares Rose, Delta Asset Management LLC Trimmed Its Stake

August 14, 2018 - By Christine McCrea

Microsoft Corporation (NASDAQ:MSFT) LogoInvestors sentiment decreased to 0.74 in 2018 Q1. Its down 0.03, from 0.77 in 2017Q4. It worsened, as 49 investors sold MSFT shares while 1035 reduced holdings. 142 funds opened positions while 665 raised stakes. 5.38 billion shares or 1.45% less from 5.46 billion shares in 2017Q4 were reported. Endurance Wealth holds 0.39% or 25,482 shares. Moreover, Trust Of Virginia Va has 2.69% invested in Microsoft Corporation (NASDAQ:MSFT) for 205,737 shares. New England Retirement Group Inc has 0.15% invested in Microsoft Corporation (NASDAQ:MSFT) for 3,071 shares. Baltimore holds 154,676 shares or 3.08% of its portfolio. Matrix Asset Advsrs Incorporated has invested 4.75% in Microsoft Corporation (NASDAQ:MSFT). Halbert Hargrove Russell Ltd Liability holds 0.3% or 12,297 shares. Clark Estates Inc stated it has 119,555 shares or 1.72% of all its holdings. Interocean Ltd Liability Corp has invested 3.38% in Microsoft Corporation (NASDAQ:MSFT). Highvista Strategies Ltd Com stated it has 0.3% in Microsoft Corporation (NASDAQ:MSFT). Etrade Capital Mgmt Ltd Liability Co accumulated 222,908 shares. Lincoln Cap Ltd holds 2.35% of its portfolio in Microsoft Corporation (NASDAQ:MSFT) for 47,540 shares. 1.17M were accumulated by Bradley Foster & Sargent Incorporated Ct. 8,993 were reported by Amg Funds Ltd Liability Corp. 20.96 million were reported by Dimensional Fund L P. Reinhart Prtnrs invested in 0.1% or 10,780 shares.

Since February 16, 2018, it had 1 insider buy, and 4 insider sales for $1.39 million activity. The insider PETERSON SANDRA E bought 5,400 shares worth $550,606.

Delta Asset Management Llc decreased its stake in Microsoft Corp (MSFT) by 8.98% based on its latest 2018Q1 regulatory filing with the SEC. Delta Asset Management Llc sold 57,296 shares as the company’s stock rose 3.08% while stock markets declined. The institutional investor held 580,722 shares of the prepackaged software company at the end of 2018Q1, valued at $53.00M, down from 638,018 at the end of the previous reported quarter. Delta Asset Management Llc who had been investing in Microsoft Corp for a number of months, seems to be less bullish one the $829.78 billion market cap company. The stock decreased 0.72% or $0.79 during the last trading session, reaching $108.21. About 15.94 million shares traded. Microsoft Corporation (NASDAQ:MSFT) has risen 41.28% since August 14, 2017 and is uptrending. It has outperformed by 28.71% the S&P500.

Analysts await Microsoft Corporation (NASDAQ:MSFT) to report earnings on October, 25. They expect $0.96 earnings per share, up 14.29 % or $0.12 from last year’s $0.84 per share. MSFT’s profit will be $7.36 billion for 28.18 P/E if the $0.96 EPS becomes a reality. After $1.13 actual earnings per share reported by Microsoft Corporation for the previous quarter, Wall Street now forecasts -15.04 % negative EPS growth.

More notable recent Microsoft Corporation (NASDAQ:MSFT) news were published by: which released: “Microsoft (MSFT) 4th Quarter Earnings: What to Expect” on July 19, 2018, also with their article: “5 Reasons Microsoft Won’t Turn Windows 10 Into a Subscription Service” published on August 13, 2018, published: “The latest portfolio moves by Third Point” on August 13, 2018. More interesting news about Microsoft Corporation (NASDAQ:MSFT) were released by: and their article: “Noteworthy Friday Option Activity: HIG, IRM, MSFT” published on July 27, 2018 as well as‘s news article titled: “After the Dip, Symantec Stock Could Have at Least 30% Upside” with publication date: August 08, 2018.

Microsoft Corporation (NASDAQ:MSFT) Ratings Coverage

Among 25 analysts covering Microsoft Corp (NASDAQ:MSFT), 23 have Buy rating, 1 Sell and 1 Hold. Therefore 92% are positive. Microsoft Corp has $130 highest and $100 lowest target. $118.10’s average target is 9.14% above currents $108.21 stock price. Microsoft Corp had 41 analyst reports since March 16, 2018 according to SRatingsIntel. The company was maintained on Monday, July 23 by Argus Research. The stock has “Buy” rating by UBS on Wednesday, June 13. The firm has “Buy” rating by Bernstein given on Monday, June 11. The firm has “Outperform” rating by Wells Fargo given on Friday, July 20. As per Friday, April 27, the company rating was maintained by UBS. The rating was maintained by Credit Suisse on Friday, July 20 with “Outperform”. RBC Capital Markets maintained the shares of MSFT in report on Friday, May 11 with “Buy” rating. As per Friday, July 20, the company rating was maintained by KeyBanc Capital Markets. Oppenheimer maintained Microsoft Corporation (NASDAQ:MSFT) rating on Friday, April 27. Oppenheimer has “Buy” rating and $11500 target. As per Tuesday, July 17, the company rating was maintained by Bank of America.

Microsoft Corporation (NASDAQ:MSFT) Institutional Positions Chart

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