As Microsoft Corp (MSFT) Stock Value Rose, Legal & General Group Plc Upped by $57.43 Million Its Position

September 17, 2017 - By Winifred Garcia

Investors sentiment increased to 0.95 in 2016 Q4. Its up 0.11, from 0.84 in 2016Q3. It increased, as 49 investors sold MSFT shares while 897 reduced holdings. 155 funds opened positions while 739 raised stakes. 5.51 billion shares or 2.12% more from 5.39 billion shares in 2016Q3 were reported. Raab Moskowitz Asset Mgmt Limited owns 21,205 shares. Daiwa Gru Inc stated it has 860,067 shares. Cypress Asset Mngmt Tx stated it has 30,755 shares. Sadoff Inv Mgmt Lc reported 3,814 shares. Zevin Asset Limited Liability Com holds 0.12% or 7,113 shares in its portfolio. 92,940 were reported by Chase Inv Counsel. Utah Retirement stated it has 2.17% in Microsoft Corporation (NASDAQ:MSFT). Carderock Cap holds 3,233 shares or 0.1% of its portfolio. Michigan-based Clarkston Cap Prtnrs Limited Liability Company has invested 1.87% in Microsoft Corporation (NASDAQ:MSFT). Css Limited Liability Il accumulated 10,280 shares. Caldwell And Orkin holds 1.41% or 35,800 shares in its portfolio. Signature Estate & Investment Advsr Limited Liability Corporation reported 0.03% of its portfolio in Microsoft Corporation (NASDAQ:MSFT). Peddock Advisors Limited Com owns 1,812 shares for 0.07% of their portfolio. Stelac Advisory Ltd Com has invested 0.03% in Microsoft Corporation (NASDAQ:MSFT). American Assets Investment Management Ltd Co invested in 141,505 shares.

Since May 1, 2017, it had 0 insider buys, and 8 sales for $1.04 billion activity. GATES WILLIAM H III had sold 2.50M shares worth $173.51M. Capossela Christopher C also sold $207,339 worth of Microsoft Corporation (NASDAQ:MSFT) on Tuesday, May 16. The insider Morfit G Mason sold $481.95 million. 26,694 shares were sold by COURTOIS JEAN PHILIPPE, worth $1.84M on Wednesday, May 3.

Legal & General Group Plc increased its stake in Microsoft Corp (MSFT) by 2.65% based on its latest 2016Q4 regulatory filing with the SEC. Legal & General Group Plc bought 926,334 shares as the company’s stock rose 4.75% with the market. The institutional investor held 35.85 million shares of the prepackaged software company at the end of 2016Q4, valued at $2.23B, up from 34.92 million at the end of the previous reported quarter. Legal & General Group Plc who had been investing in Microsoft Corp for a number of months, seems to be bullish on the $580.06 billion market cap company. The stock increased 0.72% or $0.54 on September 15, reaching $75.31. About 38.58 million shares traded or 103.05% up from the average. Microsoft Corporation (NASDAQ:MSFT) has risen 34.52% since September 17, 2016 and is uptrending. It has outperformed by 17.82% the S&P500.

Legal & General Group Plc, which manages about $107.21B US Long portfolio, decreased its stake in American Express Co (NYSE:AXP) by 130,329 shares to 3.75 million shares, valued at $277.84 million in 2016Q4, according to the filing. It also reduced its holding in Aflac Inc (NYSE:AFL) by 70,552 shares in the quarter, leaving it with 1.91 million shares, and cut its stake in Philip Morris Intl Inc (NYSE:PM).

More notable recent Microsoft Corporation (NASDAQ:MSFT) news were published by: Seekingalpha.com which released: “Special Dividends: Microsoft Edition” on September 15, 2017, also Investorplace.com with their article: “Is Microsoft Corporation (MSFT) Stock Really All That Different Now?” published on September 01, 2017, Seekingalpha.com published: “Microsoft: It Is Not Too Late” on September 13, 2017. More interesting news about Microsoft Corporation (NASDAQ:MSFT) were released by: Investorplace.com and their article: “Microsoft Corporation (MSFT) Enters Cryptocurrency Market With Blockchain Contract” published on September 11, 2017 as well as Seekingalpha.com‘s news article titled: “Getting In Bed With Amazon Made Microsoft Stronger” with publication date: September 04, 2017.

Microsoft Corporation (NASDAQ:MSFT) Ratings Coverage

Among 34 analysts covering Microsoft Corporation (NASDAQ:MSFT), 27 have Buy rating, 2 Sell and 5 Hold. Therefore 79% are positive. Microsoft Corporation has $9000 highest and $20 lowest target. $74.08’s average target is -1.63% below currents $75.31 stock price. Microsoft Corporation had 111 analyst reports since July 22, 2015 according to SRatingsIntel. Deutsche Bank maintained Microsoft Corporation (NASDAQ:MSFT) on Wednesday, December 16 with “Buy” rating. The firm earned “Outperform” rating on Friday, October 21 by William Blair. The firm has “Buy” rating by Goldman Sachs given on Tuesday, July 18. The firm has “Buy” rating by UBS given on Friday, July 21. UBS maintained it with “Buy” rating and $60.0 target in Monday, November 23 report. The rating was upgraded by Morgan Stanley on Wednesday, January 13 to “Overweight”. BMO Capital Markets maintained it with “Outperform” rating and $71 target in Friday, January 27 report. The stock has “Buy” rating by RBC Capital Markets on Monday, May 29. Cowen & Co maintained Microsoft Corporation (NASDAQ:MSFT) on Friday, July 21 with “Buy” rating. The rating was maintained by Canaccord Genuity on Friday, January 27 with “Hold”.

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