Prudential Financial INC Has Raised Stake in Microsoft Corp (MSFT) by $12.20 Million as Market Value Rose

Investors sentiment decreased to 0.82 in Q2 2017. Its down 0.02, from 0.84 in 2017Q1. It worsened, 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. State Board Of Administration Of Florida Retirement System invested in 10.90M shares. Gilder Gagnon Howe Co Ltd Liability Company invested in 518,023 shares or 0.53% of the stock. Tci Wealth Advsrs Incorporated holds 48,361 shares. Eagleclaw Managment Limited Liability Corp accumulated 30,517 shares or 1.23% of the stock. 76,064 were reported by Mraz Amerine Associates. Fiera Cap reported 1.32M shares. Clarivest Asset Mgmt Ltd Llc reported 3.41% of its portfolio in Microsoft Corporation (NASDAQ:MSFT). Cibc World Markets Inc accumulated 1.34M shares. Fdx Advsrs owns 228,436 shares. 1.26M are owned by Mondrian Inv Prns Ltd. Thompson Siegel And Walmsley Ltd Liability Com reported 0.11% stake. Family Firm Incorporated owns 5,576 shares or 0.17% of their US portfolio. Wright Investors Serv Inc holds 3.96% or 152,090 shares in its portfolio. Hartwell J M Ltd Partnership invested 5.75% of its portfolio in Microsoft Corporation (NASDAQ:MSFT). Mason Street Advsrs Ltd owns 1.07 million shares.

Since May 1, 2017, it had 0 insider buys, and 3 sales for $2.35 million activity. Another trade for 3.00 million shares valued at $207.65 million was sold by GATES WILLIAM H III. COURTOIS JEAN PHILIPPE had sold 26,165 shares worth $1.81 million. $207,339 worth of Microsoft Corporation (NASDAQ:MSFT) shares were sold by Capossela Christopher C. Morfit G Mason had sold 7.00 million shares worth $481.95M.

Prudential Financial Inc increased its stake in Microsoft Corp (MSFT) by 1.16% based on its latest 2017Q2 regulatory filing with the SEC. Prudential Financial Inc bought 179,355 shares as the company’s stock rose 4.75% with the market. The institutional investor held 15.64 million shares of the prepackaged software company at the end of 2017Q2, valued at $1.08 billion, up from 15.46M at the end of the previous reported quarter. Prudential Financial Inc who had been investing in Microsoft Corp for a number of months, seems to be bullish on the $646.56B market cap company. The stock rose 0.17% or $0.14 reaching $83.95 per share. About 78,296 shares traded. Microsoft Corporation (NASDAQ:MSFT) has risen 34.52% since October 30, 2016 and is uptrending. It has outperformed by 17.82% the S&P500.

Prudential Financial Inc, which manages about $67.22 billion US Long portfolio, decreased its stake in Greif Inc (NYSE:GEF) by 189,746 shares to 462,812 shares, valued at $25.82 million in 2017Q2, according to the filing. It also reduced its holding in Electronic Arts Inc (NASDAQ:EA) by 263,839 shares in the quarter, leaving it with 1.65 million shares, and cut its stake in Citigroup Inc (NYSE:C).

More notable recent Microsoft Corporation (NASDAQ:MSFT) news were published by: Seekingalpha.com which released: “Microsoft: The Case For $1 Trillion” on October 30, 2017, also Nasdaq.com with their article: “Microsoft Corporation Q1 Earnings Climb 16%” published on October 26, 2017, Seekingalpha.com published: “Microsoft: Chances For A Price Pullback? The Market-Maker Outlook” on October 27, 2017. More interesting news about Microsoft Corporation (NASDAQ:MSFT) were released by: Seekingalpha.com and their article: “Microsoft ends Kinect manufacturing” published on October 25, 2017 as well as Seekingalpha.com‘s news article titled: “What It Would Take For A Microsoft Pullback” with publication date: October 25, 2017.

Microsoft Corporation (NASDAQ:MSFT) Ratings Coverage

Among 34 analysts covering Microsoft Corporation (NASDAQ:MSFT), 28 have Buy rating, 2 Sell and 4 Hold. Therefore 82% are positive. Microsoft Corporation has $100.0 highest and $20 lowest target. $76.18’s average target is -9.26% below currents $83.95 stock price. Microsoft Corporation had 128 analyst reports since July 22, 2015 according to SRatingsIntel. The firm has “Outperform” rating given on Monday, July 17 by Credit Suisse. RBC Capital Markets maintained it with “Buy” rating and $77.0 target in Sunday, October 8 report. Credit Suisse maintained the shares of MSFT in report on Monday, August 7 with “Buy” rating. Barclays Capital maintained the stock with “Buy” rating in Friday, October 27 report. The stock of Microsoft Corporation (NASDAQ:MSFT) has “Buy” rating given on Friday, October 23 by Stifel Nicolaus. The stock of Microsoft Corporation (NASDAQ:MSFT) has “Market Perform” rating given on Friday, April 1 by Cowen & Co. The stock of Microsoft Corporation (NASDAQ:MSFT) has “Sell” rating given on Friday, July 21 by Citigroup. Jefferies maintained the stock with “Underperform” rating in Friday, January 29 report. The rating was maintained by Jefferies with “Sell” on Tuesday, June 13. The firm has “Hold” rating given on Wednesday, September 13 by Canaccord Genuity.

Source: bzweekly