Walter & Keenan Financial Consulting Company Cut Its Holding in Microsoft (MSFT) as Valuation Rose; Ranger Investment Management LP Lowered Its Position in The Cheesecake Factory Incorpo (CAKE) by $503,580

February 22, 2018 - By Hazel Jackson

Walter & Keenan Financial Consulting Company decreased its stake in Microsoft Corp (MSFT) by 4.45% based on its latest 2017Q3 regulatory filing with the SEC. Walter & Keenan Financial Consulting Company sold 4,199 shares as the company’s stock rose 4.75% with the market. The institutional investor held 90,119 shares of the prepackaged software company at the end of 2017Q3, valued at $6.71M, down from 94,318 at the end of the previous reported quarter. Walter & Keenan Financial Consulting Company who had been investing in Microsoft Corp for a number of months, seems to be less bullish one the $707.30 billion market cap company. The stock increased 0.40% or $0.37 during the last trading session, reaching $91.86. About 10.15M shares traded. Microsoft Corporation (NASDAQ:MSFT) has risen 34.52% since February 22, 2017 and is uptrending. It has outperformed by 17.82% the S&P500.

Ranger Investment Management Lp decreased its stake in The Cheesecake Factory Incorpo (CAKE) by 71.71% based on its latest 2017Q3 regulatory filing with the SEC. Ranger Investment Management Lp sold 11,990 shares as the company’s stock declined 4.69% while stock markets rallied. The institutional investor held 4,730 shares of the restaurants company at the end of 2017Q3, valued at $199,000, down from 16,720 at the end of the previous reported quarter. Ranger Investment Management Lp who had been investing in The Cheesecake Factory Incorpo for a number of months, seems to be less bullish one the $2.10B market cap company. The stock increased 3.41% or $1.575 during the last trading session, reaching $47.795. About 2.00 million shares traded or 78.36% up from the average. The Cheesecake Factory Incorporated (NASDAQ:CAKE) has risen 21.63% since February 22, 2017 and is uptrending. It has outperformed by 4.93% the S&P500.

Ranger Investment Management Lp, which manages about $2.16B and $1.33B US Long portfolio, upped its stake in Broadsoft Inc. (NASDAQ:BSFT) by 107,270 shares to 756,560 shares, valued at $38.06 million in 2017Q3, according to the filing. It also increased its holding in Qualys Inc (NASDAQ:QLYS) by 58,584 shares in the quarter, for a total of 788,944 shares, and has risen its stake in Omega Flex Inc. (NASDAQ:OFLX).

Among 18 analysts covering The Cheesecake Factory Incorporated (NASDAQ:CAKE), 4 have Buy rating, 1 Sell and 13 Hold. Therefore 22% are positive. The Cheesecake Factory Incorporated had 59 analyst reports since July 24, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Friday, October 20 by Maxim Group. Jefferies maintained the shares of CAKE in report on Tuesday, September 5 with “Hold” rating. Barclays Capital maintained The Cheesecake Factory Incorporated (NASDAQ:CAKE) on Thursday, August 3 with “Equal-Weight” rating. The rating was upgraded by BTIG Research on Tuesday, October 27 to “Buy”. The firm has “Hold” rating by Robert W. Baird given on Tuesday, January 2. The rating was upgraded by Jefferies on Tuesday, June 13 to “Hold”. The stock has “Neutral” rating by Nomura on Thursday, November 2. The stock has “Buy” rating by Argus Research on Tuesday, November 15. The rating was downgraded by Jefferies on Wednesday, January 4 to “Underperform”. As per Thursday, July 23, the company rating was maintained by Stifel Nicolaus.

Investors sentiment decreased to 0.98 in 2017 Q3. Its down 0.30, from 1.28 in 2017Q2. It dropped, as 52 investors sold CAKE shares while 77 reduced holdings. 42 funds opened positions while 85 raised stakes. 44.72 million shares or 0.18% more from 44.64 million shares in 2017Q2 were reported. 60,702 were accumulated by Canada Pension Plan Investment Board. Systematic Financial Mngmt LP invested 0.03% of its portfolio in The Cheesecake Factory Incorporated (NASDAQ:CAKE). Jpmorgan Chase owns 37,176 shares. Employees Retirement Of Ohio stated it has 74,481 shares. Prudential Financial holds 117,429 shares or 0.01% of its portfolio. Morgan Stanley invested 0.01% of its portfolio in The Cheesecake Factory Incorporated (NASDAQ:CAKE). Boothbay Fund Management Lc reported 0.14% of its portfolio in The Cheesecake Factory Incorporated (NASDAQ:CAKE). Northern Trust Corporation stated it has 0.01% of its portfolio in The Cheesecake Factory Incorporated (NASDAQ:CAKE). Ameritas Inv Prns reported 33,120 shares or 0.07% of all its holdings. Usa Portformulas reported 14,340 shares. Huntington Bancshares reported 441 shares. Nordea Inv Management stated it has 0.01% in The Cheesecake Factory Incorporated (NASDAQ:CAKE). Laurion Mngmt LP invested in 0.01% or 34,000 shares. Alliancebernstein LP stated it has 0% in The Cheesecake Factory Incorporated (NASDAQ:CAKE). Advisory Svcs Ntwk Ltd invested in 0% or 135 shares.

Investors sentiment increased to 0.83 in Q3 2017. Its up 0.01, from 0.82 in 2017Q2. It improved, as 40 investors sold MSFT shares while 952 reduced holdings. 114 funds opened positions while 708 raised stakes. 5.51 billion shares or 0.32% less from 5.53 billion shares in 2017Q2 were reported. Camarda Financial Advsrs Ltd reported 0.81% in Microsoft Corporation (NASDAQ:MSFT). Scge Lp reported 7.52% of its portfolio in Microsoft Corporation (NASDAQ:MSFT). Glenmede Communications Na stated it has 3.68M shares. First Tru invested in 1.97% or 228,176 shares. Northeast Investment Management stated it has 189,558 shares. Vestor Cap Limited Liability Company holds 2.79% or 166,934 shares. Tudor Et Al invested in 0.05% or 26,699 shares. Nomura Holdg Inc holds 0.11% or 720,080 shares in its portfolio. Messner And Smith Theme Value Inv Mngmt Ltd Ca accumulated 6,055 shares or 0.7% of the stock. Nfc Investments Limited Co invested 0.08% of its portfolio in Microsoft Corporation (NASDAQ:MSFT). 538,730 are owned by Golub Grp Limited Co. Moreover, Cap Advisors Limited Company has 0.24% invested in Microsoft Corporation (NASDAQ:MSFT) for 9,312 shares. Eads & Heald Inv Counsel holds 1.21% or 26,091 shares in its portfolio. Moreover, Caldwell & Orkin has 3.74% invested in Microsoft Corporation (NASDAQ:MSFT). Catawba Mgmt Va reported 2.79% stake.

Among 37 analysts covering Microsoft Corporation (NASDAQ:MSFT), 29 have Buy rating, 2 Sell and 6 Hold. Therefore 78% are positive. Microsoft Corporation had 167 analyst reports since July 22, 2015 according to SRatingsIntel. The stock of Microsoft Corporation (NASDAQ:MSFT) earned “Buy” rating by Deutsche Bank on Wednesday, December 16. Bernstein maintained it with “Buy” rating and $100.0 target in Wednesday, November 15 report. Atlantic Securities upgraded the stock to “Neutral” rating in Thursday, November 10 report. The stock of Microsoft Corporation (NASDAQ:MSFT) has “Hold” rating given on Thursday, July 6 by Canaccord Genuity. The stock has “Buy” rating by UBS on Friday, January 19. The stock of Microsoft Corporation (NASDAQ:MSFT) has “Buy” rating given on Friday, August 7 by Oppenheimer. The firm earned “Sell” rating on Thursday, October 26 by Jefferies. The firm has “Buy” rating by Canaccord Genuity given on Thursday, October 5. As per Tuesday, September 22, the company rating was maintained by Pacific Crest. The rating was initiated by Canaccord Genuity with “Hold” on Monday, May 16.

Since August 29, 2017, it had 0 insider buys, and 3 sales for $6.26 million activity. $279,912 worth of Microsoft Corporation (NASDAQ:MSFT) shares were sold by Capossela Christopher C. $4.00M worth of Microsoft Corporation (NASDAQ:MSFT) was sold by Hood Amy on Tuesday, August 29.

Analysts await Microsoft Corporation (NASDAQ:MSFT) to report earnings on April, 26. They expect $0.85 EPS, up 16.44% or $0.12 from last year’s $0.73 per share. MSFT’s profit will be $6.54B for 27.02 P/E if the $0.85 EPS becomes a reality. After $0.96 actual EPS reported by Microsoft Corporation for the previous quarter, Wall Street now forecasts -11.46% negative EPS growth.

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By1 Hazel Jackson

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