Smithbridge Asset Management Has Lowered Its Stake in Microsoft Com (MSFT) as Stock Rose; As Xerium Technologies (XRM) Stock Price Rose, Holder American Securities Decreased Its Holding

May 27, 2018 - By Michael Collier

Microsoft Corporation (NASDAQ:MSFT) Logo

American Securities Llc decreased its stake in Xerium Technologies Inc (XRM) by 5.58% based on its latest 2017Q4 regulatory filing with the SEC. American Securities Llc sold 77,819 shares as the company’s stock rose 43.81% while stock markets declined. The institutional investor held 1.32 million shares of the basic industries company at the end of 2017Q4, valued at $5.61M, down from 1.40M at the end of the previous reported quarter. American Securities Llc who had been investing in Xerium Technologies Inc for a number of months, seems to be less bullish one the $109.24M market cap company. It closed at $6.65 lastly. It is down 25.73% since May 27, 2017 and is uptrending. It has outperformed by 14.18% the S&P500.

Smithbridge Asset Management Inc decreased its stake in Microsoft Corp Com (MSFT) by 6.9% based on its latest 2017Q4 regulatory filing with the SEC. Smithbridge Asset Management Inc sold 4,787 shares as the company’s stock rose 4.63% while stock markets declined. The institutional investor held 64,569 shares of the prepackaged software company at the end of 2017Q4, valued at $5.52 million, down from 69,356 at the end of the previous reported quarter. Smithbridge Asset Management Inc who had been investing in Microsoft Corp Com for a number of months, seems to be less bullish one the $755.72 billion market cap company. The stock increased 0.05% or $0.05 during the last trading session, reaching $98.36. About 15.73 million shares traded. Microsoft Corporation (NASDAQ:MSFT) has risen 37.43% since May 27, 2017 and is uptrending. It has outperformed by 25.88% the S&P500.

Investors sentiment increased to 1.45 in 2017 Q4. Its up 0.24, from 1.21 in 2017Q3. It is positive, as 6 investors sold XRM shares while 14 reduced holdings. 11 funds opened positions while 18 raised stakes. 10.34 million shares or 2.39% more from 10.10 million shares in 2017Q3 were reported. Geode Cap Management Limited Liability Corporation has 58,265 shares. Parallax Volatility Advisers LP has 0% invested in Xerium Technologies, Inc. (NYSE:XRM) for 74,392 shares. Jpmorgan Chase And invested in 49,355 shares or 0% of the stock. Tower Rech Lc (Trc) invested 0% of its portfolio in Xerium Technologies, Inc. (NYSE:XRM). Buckhead Cap Mgmt Ltd Liability Corp reported 149,450 shares. Wealthtrust Axiom Limited Liability reported 157,650 shares stake. Kennedy Capital Mngmt accumulated 96,782 shares. 730,522 were accumulated by Archer Capital Mgmt L P. Renaissance Technology has invested 0% in Xerium Technologies, Inc. (NYSE:XRM). Goldman Sachs Gru reported 0% stake. Lsv Asset Mgmt accumulated 74,000 shares. Weber Alan W holds 78,258 shares. Pinnacle Ltd Liability Company accumulated 77,052 shares or 0.12% of the stock. Tocqueville Asset LP invested in 0.04% or 879,008 shares. Connor Clark & Lunn Inv Limited holds 0% of its portfolio in Xerium Technologies, Inc. (NYSE:XRM) for 36,400 shares.

Another recent and important Xerium Technologies, Inc. (NYSE:XRM) news was published by Seekingalpha.com which published an article titled: “Xerium Technologies’ (XRM) CEO Mark Staton on Q1 2018 Results – Earnings Call Transcript” on May 01, 2018.

Since February 16, 2018, it had 0 buys, and 3 insider sales for $930,912 activity.

Investors sentiment decreased to 0.77 in 2017 Q4. Its down 0.06, from 0.83 in 2017Q3. It fall, as 39 investors sold MSFT shares while 1012 reduced holdings. 134 funds opened positions while 676 raised stakes. 5.46 billion shares or 0.90% less from 5.51 billion shares in 2017Q3 were reported. The California-based Dorsey Wright & Associate has invested 0.11% in Microsoft Corporation (NASDAQ:MSFT). Roffman Miller Assocs Pa reported 388,699 shares or 4.1% of all its holdings. Tctc Ltd Company has invested 2.74% of its portfolio in Microsoft Corporation (NASDAQ:MSFT). Clenar Muke Llc stated it has 18.08 million shares. Utd Asset Strategies holds 0.63% of its portfolio in Microsoft Corporation (NASDAQ:MSFT) for 27,635 shares. Coldstream Capital Mngmt Inc has 667,042 shares. S R Schill & Assocs reported 10,192 shares or 0.54% of all its holdings. 282,540 are held by Advisory Incorporated. Jones Financial Lllp holds 0.05% or 228,380 shares in its portfolio. Tarbox Family Office has invested 0.25% in Microsoft Corporation (NASDAQ:MSFT). Gm Advisory invested 0.73% of its portfolio in Microsoft Corporation (NASDAQ:MSFT). Stelac Advisory has invested 0.11% in Microsoft Corporation (NASDAQ:MSFT). Farmers Comml Bank, Kentucky-based fund reported 32,350 shares. Ally Fin Incorporated invested in 1.24% or 75,000 shares. Sterneck Lc stated it has 1.55% in Microsoft Corporation (NASDAQ:MSFT).

More notable recent Microsoft Corporation (NASDAQ:MSFT) news were published by: Nasdaq.com which released: “5 Niche Tech ETFs Hitting All-Time Highs” on May 24, 2018, also Fool.com with their article: “Microsoft Acquires Semantic Machines for Conversational Artificial Intelligence” published on May 21, 2018, Nasdaq.com published: “3 Stocks That Feel Like Microsoft in 1986” on May 26, 2018. More interesting news about Microsoft Corporation (NASDAQ:MSFT) were released by: Nasdaq.com and their article: “As the Scandal Fades, Facebook, Inc. Stock Still Is Bulletproof” published on May 24, 2018 as well as Seekingalpha.com‘s news article titled: “Tracking Stephen Mandel’s Lone Pine Capital Portfolio – Q1 2018 Update” with publication date: May 25, 2018.

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 $8.30B for 22.77 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.

Smithbridge Asset Management Inc, which manages about $174.53M and $158.38M US Long portfolio, upped its stake in Chevron Corp Com (NYSE:CVX) by 5,414 shares to 19,540 shares, valued at $2.45M in 2017Q4, according to the filing. It also increased its holding in Intel Corp Com (NASDAQ:INTC) by 19,383 shares in the quarter, for a total of 72,480 shares, and has risen its stake in Schwab Strategic Tr Us Dividen (SCHD).

Among 37 analysts covering Microsoft Corporation (NASDAQ:MSFT), 31 have Buy rating, 1 Sell and 5 Hold. Therefore 84% are positive. Microsoft Corporation had 186 analyst reports since July 22, 2015 according to SRatingsIntel. Argus Research upgraded Microsoft Corporation (NASDAQ:MSFT) on Tuesday, October 31 to “Buy” rating. The firm has “Buy” rating given on Thursday, February 1 by Cowen & Co. The firm has “Buy” rating given on Thursday, September 3 by FBR Capital. Jefferies maintained the shares of MSFT in report on Thursday, October 26 with “Sell” rating. The company was maintained on Friday, January 29 by Jefferies. The stock has “Buy” rating by Tigress Financial on Monday, January 23. The company was maintained on Monday, July 17 by Credit Suisse. The stock of Microsoft Corporation (NASDAQ:MSFT) earned “Sell” rating by Jefferies on Tuesday, June 13. On Friday, February 2 the stock rating was maintained by Nomura with “Buy”. The rating was maintained by Cowen & Co on Tuesday, October 31 with “Buy”.

Microsoft Corporation (NASDAQ:MSFT) Institutional Positions Chart

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By1 Michael Collier

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