Economy

Brokerages Set Microsoft Corporation (NASDAQ:MSFT) Target Price at $70.81

Brokerages Set Microsoft Corporation (NASDAQ:MSFT) Target Price at $70.81

The institutional investor held 138,611 shares of the semiconductors company at the end of 2017Q3, valued at $5.28M, up from 130,538 at the end of the previous reported quarter. The stock decreased 3.80% or $0.445 during the last trading session, reaching $11.265. About 29,034 shares traded. Annaly Capital Management, Inc. KMG Chemicals, Inc. (NYSE:KMG) has risen 169.63% since January 29, 2017 and is uptrending. It has underperformed by 23.05% the S&P500.

American National Registered Investment Advisor Inc decreased Microsoft Corp (MSFT) stake by 22.5% reported in 2017Q3 SEC filing. Also, EVP Christopher C. Capossela sold 4,000 shares of Microsoft stock in a transaction dated Tuesday, November 14th. The hedge fund run by Mark Wolfson held 88,946 shares of the catalog and specialty distribution company at the end of 2017Q3, valued at $6.00M, up from 28,884 at the end of the previous reported quarter. Huntington Steele Llc who had been investing in Microsoft Corp for a number of months, seems to be less bullish one the $724.57 billion market cap company. The stock decreased 1.14% or $0.55 during the last trading session, reaching $47.65. About 1.72 million shares traded.

Microsoft (NASDAQ:MSFT) last posted its earnings results on Thursday, October 26th. It has outperformed by 17.82% the S&P500.

Since August 4, 2017, it had 0 buys, and 3 sales for $513.86 million activity. Morfit G Mason also sold $507.89M worth of Microsoft Corporation (NASDAQ:MSFT) shares. Therefore 81% are positive. The stock presently has an average rating of "Buy" and a consensus price target of $91.22. The stock of Microsoft Corporation (NASDAQ:MSFT) has "Buy" rating given on Friday, January 29 by UBS. Oppenheimer upped their target price on Microsoft to $115.00 and gave the company an "outperform" rating in a research report on Tuesday, January 9th. The company was maintained on Wednesday, August 23 by KeyBanc Capital Markets. The firm earned "Buy" rating on Wednesday, October 19 by UBS. The firm has "Buy" rating by Singular Research given on Monday, February 27. (NYSE:KMG) on Monday, May 1 to "Buy" rating. Jefferies maintained the stock with "Hold" rating in Thursday, June 1 report. On Friday, January 26 the stock rating was maintained by Cowen & Co with "Buy".

Investors of record on Thursday, February 15th will be paid a $0.42 dividend. Its down 0.01, from 1.03 in 2017Q2. This nets out to an increase of 21.28 million shares and is a bullish sign for MSFT. 73 funds opened positions while 219 raised stakes.

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Institutions own 74.08% of Microsoft Corporation (MSFT)'s shares. Ccm Investment Advisers reported 142,754 shares stake. It also reduced its holding in Cinemark Holdings Inc (NYSE:CNK) by 266,000 shares in the quarter, leaving it with 2.89 million shares, and cut its stake in Cenovus Energy Inc (NYSE:CVE). During the same quarter in the prior year, the business posted $0.76 earnings per share. equities research analysts anticipate that Microsoft will post 3.39 EPS for the current fiscal year. Patriot Wealth Mgmt has invested 1.54% in Microsoft Corporation (NASDAQ:MSFT). Nationwide Fund Advsr holds 0% or 3,125 shares in its portfolio. Evanson Asset Management LLC boosted its stake in Microsoft by 1.7% in the second quarter. The Pennsylvania-based Brandywine Global Llc has invested 0% in Hurco Companies, Inc. Marketfield Asset Management has 2% invested in Microsoft Corporation (NASDAQ:MSFT). Guardian Management holds 4.73% or 112,517 shares in its portfolio. Longer Invests Inc invested in 34,950 shares. 2,510 are owned by Horrell Cap Mngmt. AVEO Pharmaceuticals had 11 analyst reports since March 30, 2016 according to SRatingsIntel. Jefferies maintained the stock with "Sell" rating in Thursday, August 31 report. Stifel Nicolaus maintained United Parcel Service, Inc. The stock of Wayfair Inc. The firm has "Buy" rating given on Friday, October 27 by Piper Jaffray. Citigroup maintained Microsoft Corporation (NASDAQ:MSFT) rating on Friday, October 27. The company's revenue was up 11.7% on a year-over-year basis. The firm has "Mkt Perform" rating given on Tuesday, December 20 by FBR Capital. The stock has "Buy" rating by Singular Research on Monday, November 9. As per Monday, January 8, the company rating was maintained by Stephens.

Lsv Asset Management, which manages about $82.68B and $60.63 billion US Long portfolio, decreased its stake in Photronics Inc. Generation Invest Mgmt Llp reported 7.66M shares. The fund owned 885,276 shares of the software giant's stock after selling 35,808 shares during the quarter.

Investors sentiment is 1.03 in Q3 2017. Its up 0.39, from 1.07 in 2017Q2. It improved, as 3 investors sold PWOD shares while 10 reduced holdings. 61 funds opened positions while 165 raised stakes. The stock has "Neutral" rating by JP Morgan on Thursday, January 25. First Washington owns 89,695 shares. (NYSE:W) for 98,060 shares. New York-based Hutchin Hill LP has invested 0.03% in Wayfair Inc. Pacific Center for Financial Services lifted its holdings in shares of Microsoft by 3.0% during the 2nd quarter. 80,453 were accumulated by Zeke Capital Advisors Limited Liability Company. Millennium Mngmt Ltd Liability holds 0.01% or 2.14M shares in its portfolio. Acadian Asset Lc reported 0% of its portfolio in Wayfair Inc. (NYSE:PPG) for 36,476 shares. Tru Of Toledo Na Oh reported 136,170 shares. (NASDAQ:AVEO). Retail Bank Of Ny Mellon Corporation reported 65,347 shares or 0% of all its holdings. Royal Bancshares Of Canada invested 0% of its portfolio in Wayfair Inc. Tigress Financial restated a "buy" rating on shares of Microsoft in a report on Tuesday, November 7th.

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