GWM Advisors LLC Increases Holdings in Microsoft Corporation (MSFT)

Pablo Tucker
December 13, 2017

It has underperformed by 9.74% the S&P500.

Managed Asset Portfolios Llc increased Microsoft Corp (MSFT) stake by 2.82% reported in 2017Q2 SEC filing.

Over the past 50 days, Microsoft Corporation (NASDAQ:MSFT) stock was -0.72% off of the high and 16.10% removed from the low. Ltd. now owns 13,263,687 shares of the software giant's stock worth $825,108,000 after buying an additional 11,775,547 shares in the last quarter. Palestra Capital Management Llc who had been investing in Microsoft Corp for a number of months, seems to be less bullish one the $658.44B market cap company. About 1.87M shares traded.

Click to Enlarge
Click to Enlarge

Microsoft Corporation (NASDAQ:MSFT) last issued its quarterly earnings results on Thursday, April 27th. It has outperformed by 17.82% the S&P500. The company's market cap is $662.54 Billion. Through its subsidiaries, the firm provides its services to institutional investors, including pension funds, endowments, and foundations.

Investors sentiment decreased to 1.17 in 2017 Q2. Its up 0.01, from 0.82 in 2017Q1.

More notable recent Microsoft Corporation (NASDAQ:MSFT) news were published by: which released: "Microsoft Corporation Quietly Gives Up Smartphones" on November 21, 2017, also with their article: "Microsoft's Trillion Dollar Question" published on December 11, 2017, published: "Microsoft Looks Like An Elephant That Can Still Dance" on December 12, 2017. 84 funds opened positions while 372 raised stakes. 4,805 are held by Ht Ltd. Ubs Asset Americas owns 31.58 million shares. Amalgamated Fincl Bank accumulated 889,016 shares. Investors of record on Thursday, February 15th will be issued a dividend of $0.42 per share. On Friday, October 27 the stock rating was maintained by Stifel Nicolaus with "Buy". Citadel Advsrs Ltd Com has invested 0.03% in Vantiv, Inc. 189,220 were reported by Qci Asset Mgmt Inc Ny. BMO Capital Markets reissued a "buy" rating and issued a $86.00 price target on shares of Microsoft in a report on Friday, August 25th. (NYSE:QEP) by 79,360 shares in the quarter, for a total of 823,640 shares, and has risen its stake in Asbury Automotive Group Inc. Kbc Group Nv invested 0% in Republic Bancorp, Inc. (NYSE:CSLT) to report earnings on February, 21. Boltwood Capital Management has 33,727 shares. This is not a recommendation to buy or sell Microsoft Corporation (NASDAQ:MSFT). Therefore 83% are positive.

Analysts are also projecting an Average Revenue Estimate for Microsoft Corporation as $28.34 Million in the Current Quarter. The stock has a consensus rating of "Buy" and a consensus price target of $85.28. Goldman Sachs maintained the shares of MSFT in report on Tuesday, July 18 with "Buy" rating. The rating was maintained by Craig Hallum on Thursday, August 10 with "Buy". The company has a consensus rating of "Buy" and an average target price of $70.21. Commerce Commercial Bank holds 0.53% in Vantiv, Inc. Evercore ISI upped their target price on Microsoft from $93.00 to $106.00 and gave the company an "outperform" rating in a research report on Friday, December 8th. The firm has "Buy" rating by Tigress Financial given on Monday, January 23. The stock of CenterPoint Energy, Inc.

On a similar note, analysts expect EPS of $0.86 in December 2017 quarter and $0.79 in March 2018 quarter, representing 3.61% and 8.22% growth, respectively. Its up 0.04, from 1.08 in 2017Q1. The investor is now holding $300.99 million shares due in part to a decrease of 6.98 million new shares in their portfolio. Ullmann Financial Group Inc. bought a new stake in shares of Microsoft in the 1st quarter worth approximately $132,000.

Microsoft Corporation (MSFT) has a Return on Assets of 9.7 percent, Return on Investment of 11.7 percent and a Return on Equity of 29.2 percent. Morgan Stanley maintained Microsoft Corporation (NASDAQ:MSFT) on Monday, June 19 with "Buy" rating. The software giant reported $0.84 EPS for the quarter, topping the consensus estimate of $0.72 by $0.12. Robshaw And Julian owns 46,385 shares. Bank & Trust Of New York Mellon has invested 0% in Republic Bancorp, Inc. Frontier Invest invested 2.16% of its portfolio in Microsoft Corporation (NASDAQ:MSFT).

According to Microsoft Corporation's Insider ownership is at 1.40%. Hsbc Hldgs Public Ltd Company reported 14.89 million shares. Delta Asset Mngmt Lc Tn, a Tennessee-based fund reported 646,024 shares. (NYSE:VNTV). Diamond Hill Management has 4.40M shares for 1.51% of their portfolio. Saybrook Cap Nc holds 3.68% or 55,372 shares in its portfolio. 54,801 are held by Schnieders Mgmt Ltd Liability Corp. Dillon Associate has invested 0.24% of its portfolio in Microsoft Corporation (NASDAQ:MSFT).

Annual earnings per share (EPS) growth noted at 6.30% in past 5 Years and Long-term annual earnings per share (EPS) growth is expected to reach 10.58% in coming 5 years. MSFT's profit will be $6.63 billion for 24.88 P/E if the $0.86 EPS becomes a reality. During the same period in the previous year, the business earned $0.76 EPS. research analysts anticipate that Microsoft Corporation will post 3.38 earnings per share for the current fiscal year. Chevy Chase Holding holds 8.00M shares. Inc. increased its stake in Microsoft by 291.9% during the first quarter. Royal Dutch Shell Spons Adr was raised too.

Since August 4, 2017, it had 0 buys, and 3 sales for $513.86 million activity. Morfit G Mason sold $507.89M worth of stock or 7.00 million shares. Shares for $4.00M were sold by Hood Amy on Tuesday, August 29. In other Microsoft Corporation news, insider Jean Philippe Courtois sold 26,694 shares of the business's stock in a transaction on Wednesday, May 3rd.

Other reports by iNewsToday