As Microsoft (MSFT) Market Value Rose, Holder Sabal Trust Co Has Cut by $1.80 Million Its Position; International Business Machs C (IBM) Holder Horizon Investments Has Lifted Its Holding by $981,648

June 24, 2018 - By Nellie Frank

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Horizon Investments Llc increased its stake in International Business Machs C (IBM) by 96.15% based on its latest 2018Q1 regulatory filing with the SEC. Horizon Investments Llc bought 6,416 shares as the company’s stock declined 9.42% with the market. The institutional investor held 13,089 shares of the computer manufacturing company at the end of 2018Q1, valued at $2.01M, up from 6,673 at the end of the previous reported quarter. Horizon Investments Llc who had been investing in International Business Machs C for a number of months, seems to be bullish on the $129.69B market cap company. The stock increased 0.02% or $0.03 during the last trading session, reaching $141.28. About 6.01 million shares traded or 30.29% up from the average. International Business Machines Corporation (NYSE:IBM) has declined 6.24% since June 24, 2017 and is downtrending. It has underperformed by 18.81% the S&P500. Some Historical IBM News: 12/03/2018 – Buying IBM, Amazon, Selling DowDuPont, AT&T — Barrons.com; 05/04/2018 – IBM joins group building a blockchain-based global identity network; 29/03/2018 – IBM – 2016 OPERATING EPS REDUCED BY $0.15 TO $13.44 AND 2017 OPERATING EPS REDUCED BY $0.14 TO $13.66; 13/04/2018 – MICROSOFT, IBM, DELL, HPE ARE SAID TO BE INVOLVED IN INITIATIVE; 18/04/2018 – S&PGRBulletin: IBM’s First-Quarter Revenue Below Expectation; 05/04/2018 – Rabobank Desensitizes Client Data for GDPR and DevOps with IBM; 19/04/2018 – QTS Hybrid Colocation Now Available to IBM Cloud Customers Through Direct Link; 08/05/2018 – IBM and Red Hat Join Forces to Accelerate Hybrid Cloud Adoption; 17/04/2018 – IBM – QTRLY OPERATING (NON-GAAP) EPS OF $2.45, UP 4 PERCENT; 21/05/2018 – SYNCSORT ADVANCES SECURITY STRATEGY WITH ACQUISITION OF TOWNSEND SECURITY’S IBM l DATA PRIVACY PRODUCTS

Sabal Trust Co decreased its stake in Microsoft Corp (MSFT) by 5.43% based on its latest 2018Q1 regulatory filing with the SEC. Sabal Trust Co sold 19,810 shares as the company’s stock rose 3.08% while stock markets declined. The institutional investor held 344,980 shares of the prepackaged software company at the end of 2018Q1, valued at $31.49 million, down from 364,790 at the end of the previous reported quarter. Sabal Trust Co who had been investing in Microsoft Corp for a number of months, seems to be less bullish one the $771.47 billion market cap company. The stock decreased 0.72% or $0.73 during the last trading session, reaching $100.41. About 22.23 million shares traded. Microsoft Corporation (NASDAQ:MSFT) has risen 41.28% since June 24, 2017 and is uptrending. It has outperformed by 28.71% the S&P500. Some Historical MSFT News: 08/05/2018 – Red Hat and Microsoft Co-Develop the First Red Hat OpenShift Jointly Managed Service on a Public Cloud; 17/05/2018 – Arconic Board Approves Quarterly Dividends; 25/04/2018 – Daimler joins China’s Responsible Cobalt Initiative; 12/03/2018 – Loan Processing Made Easy: Conduent Introduces Simplified Consumer Finance Platform; 22/03/2018 – Sonoma Partners Joins EY to Enhance Digital Transformation Capabilities; 30/03/2018 – The Morning Download: Microsoft Shifts Focus from Windows to Azure Cloud; 11/04/2018 – Solver’s BI360 Delivers Advanced Reporting and Budgeting for Microsoft Dynamics 365 Business Central; 05/03/2018 Archive360 to Showcase lndustry’s Only Legally Compliant Cloud-Based Data Archive for Microsoft Azure at the British Legal Technology Forum; 16/04/2018 – MICROSOFT RELEASES MICROSOFT SECURE SCORE, ATTACK SIMULATOR; 05/03/2018 – STATS SAYS EXTENDS MULTI-YEAR AGREEMENT TO PROVIDE SPORTS DATA INFORMATION FOR MICROSOFT

Among 37 analysts covering Microsoft Corporation (NASDAQ:MSFT), 31 have Buy rating, 1 Sell and 5 Hold. Therefore 84% are positive. Microsoft Corporation had 196 analyst reports since July 22, 2015 according to SRatingsIntel. The firm has “Hold” rating by Wunderlich given on Wednesday, July 20. The rating was upgraded by Vetr to “Strong-Buy” on Wednesday, September 2. As per Tuesday, July 19, the company rating was initiated by William Blair. The company was upgraded on Thursday, August 13 by Stifel Nicolaus. RBC Capital Markets maintained Microsoft Corporation (NASDAQ:MSFT) rating on Wednesday, December 20. RBC Capital Markets has “Buy” rating and $100.0 target. As per Wednesday, June 14, the company rating was maintained by Cowen & Co. The stock has “Buy” rating by Nomura on Friday, October 21. The firm earned “Overweight” rating on Thursday, December 22 by Piper Jaffray. The stock of Microsoft Corporation (NASDAQ:MSFT) earned “Buy” rating by Canaccord Genuity on Friday, October 27. Jefferies maintained the shares of MSFT in report on Friday, July 14 with “Sell” rating.

Investors sentiment decreased to 0.74 in 2018 Q1. Its down 0.03, from 0.77 in 2017Q4. It turned negative, 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. Ruggie Group owns 3,073 shares. Quantum Cap Mgmt invested in 0.35% or 15,794 shares. Moreover, Tru Co Of Toledo Na Oh has 3.24% invested in Microsoft Corporation (NASDAQ:MSFT). Flippin Bruce Porter holds 113,972 shares or 2.24% of its portfolio. 1,724 are owned by D Scott Neal. Wedge Mngmt L LP Nc reported 0.01% stake. Cap City Tru Fl stated it has 63,282 shares. Creative Planning accumulated 0.44% or 1.17M shares. Hudson Bay Mngmt LP holds 125,620 shares or 0.24% of its portfolio. Bp Public Ltd Company reported 903,000 shares. Envestnet Asset Mgmt Inc reported 0.17% in Microsoft Corporation (NASDAQ:MSFT). 19,224 were reported by Harvey Inv Ltd Company. Mount Vernon Inc Md invested in 4.18% or 29,671 shares. Eagle Global Advsr Limited Liability Company invested in 169,724 shares or 0.53% of the stock. Aristotle Capital Ltd Company has invested 3.46% in Microsoft Corporation (NASDAQ:MSFT).

Analysts await Microsoft Corporation (NASDAQ:MSFT) to report earnings on July, 19. They expect $1.08 earnings per share, up 10.20% or $0.10 from last year’s $0.98 per share. MSFT’s profit will be $8.30 billion for 23.24 P/E if the $1.08 EPS becomes a reality. After $0.95 actual earnings per share reported by Microsoft Corporation for the previous quarter, Wall Street now forecasts 13.68% EPS growth.

More notable recent Microsoft Corporation (NASDAQ:MSFT) news were published by: Fool.com which released: “Will Microsoft Help Retailers Counter Amazon Go?” on June 23, 2018, also Fool.com with their article: “Better Buy: Microsoft Corporation vs. IBM” published on June 19, 2018, Thestreet.com published: “Why Microsoft Is Ratcheting Up Its Hardware and Chip Ambitions” on June 14, 2018. More interesting news about Microsoft Corporation (NASDAQ:MSFT) were released by: Nasdaq.com and their article: “Mark Your Calendar: Microsoft Corporation Earnings” published on June 21, 2018 as well as Nasdaq.com‘s news article titled: “AT&T Faces Uphill Battle of Branded Content vs. Technology” with publication date: June 21, 2018.

Sabal Trust Co, which manages about $1.05B US Long portfolio, upped its stake in Cme Group Inc (NASDAQ:CME) by 2,698 shares to 122,100 shares, valued at $19.75M in 2018Q1, according to the filing. It also increased its holding in Public Storage (NYSE:PSA) by 10,172 shares in the quarter, for a total of 120,687 shares, and has risen its stake in Jpmorgan Chase & Co (NYSE:JPM).

Since February 16, 2018, it had 1 buying transaction, and 4 selling transactions for $1.39 million activity. Capossela Christopher C sold $1.01M worth of stock or 10,000 shares.

More notable recent International Business Machines Corporation (NYSE:IBM) news were published by: 247Wallst.com which released: “US Builds World’s Most Powerful Supercomputer” on June 09, 2018, also Prnewswire.com with their article: “IBM Unveils Major Expansion of Cloud Capabilities; Industry Leaders ExxonMobil, Bausch + Lomb and Westpac Shift …” published on June 11, 2018, 247Wallst.com published: “6 Most Important Things in Business Today” on June 04, 2018. More interesting news about International Business Machines Corporation (NYSE:IBM) were released by: Nasdaq.com and their article: “Artificial Intelligence-Powered Sugar.IQ(TM) Diabetes Management App Developed by Medtronic and IBM Watson …” published on June 22, 2018 as well as Prnewswire.com‘s news article titled: “IBM Acquires Oniqua, Strengthens Leading IoT Capabilities to Help Businesses Proactively Maintain Vital Assets” with publication date: June 15, 2018.

Among 33 analysts covering International Business Machines (NYSE:IBM), 13 have Buy rating, 4 Sell and 16 Hold. Therefore 39% are positive. International Business Machines had 129 analyst reports since July 21, 2015 according to SRatingsIntel. The stock has “Buy” rating by Drexel Hamilton on Friday, October 9. Morgan Stanley maintained the stock with “Overweight” rating in Tuesday, July 19 report. The company was maintained on Monday, November 13 by RBC Capital Markets. The firm has “Hold” rating by Cantor Fitzgerald given on Friday, October 16. Guggenheim initiated the stock with “Neutral” rating in Wednesday, January 4 report. The rating was maintained by Stifel Nicolaus on Friday, January 19 with “Buy”. Morgan Stanley upgraded International Business Machines Corporation (NYSE:IBM) on Thursday, February 18 to “Overweight” rating. The firm has “Buy” rating given on Wednesday, July 19 by Bank of America. The stock has “Hold” rating by KeyBanc Capital Markets on Wednesday, July 19. The firm earned “Buy” rating on Tuesday, July 19 by Drexel Hamilton.

Horizon Investments Llc, which manages about $1.50B and $2.29B US Long portfolio, decreased its stake in Fidelity Natl Information Sv C (NYSE:FIS) by 4,064 shares to 18,987 shares, valued at $1.83 million in 2018Q1, according to the filing. It also reduced its holding in Powershares Etf Tr Ii Sp600 Lo (XSLV) by 56,944 shares in the quarter, leaving it with 40,935 shares, and cut its stake in Ishares Tr 1 3 Yr Treas Bd (SHY).

Since January 31, 2018, it had 1 insider buy, and 2 sales for $2.69 million activity. Shares for $780,000 were sold by Gherson Diane J on Monday, February 26. Shares for $2.01M were sold by Clementi Erich.

Microsoft Corporation (NASDAQ:MSFT) Institutional Positions Chart

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