Microsoft (MSFT) Stock Rose While Jacobs & Co Cut Stake; Shell Asset Management Co Has Upped Its Position in Eog Res (EOG) as Valuation Rose

August 12, 2018 - By Mary Kidd

Microsoft Corporation (NASDAQ:MSFT) Logo

Shell Asset Management Co increased its stake in Eog Res Inc (EOG) by 12.93% based on its latest 2018Q1 regulatory filing with the SEC. Shell Asset Management Co bought 12,220 shares as the company’s stock rose 7.55% while stock markets declined. The institutional investor held 106,708 shares of the energy company at the end of 2018Q1, valued at $11.23 million, up from 94,488 at the end of the previous reported quarter. Shell Asset Management Co who had been investing in Eog Res Inc for a number of months, seems to be bullish on the $71.11B market cap company. The stock increased 0.38% or $0.46 during the last trading session, reaching $122.77. About 2.27 million shares traded. EOG Resources, Inc. (NYSE:EOG) has risen 29.38% since August 12, 2017 and is uptrending. It has outperformed by 16.81% the S&P500.

Jacobs & Co decreased its stake in Microsoft Corp (MSFT) by 2.4% based on its latest 2018Q1 regulatory filing with the SEC. Jacobs & Co sold 3,725 shares as the company’s stock rose 3.08% while stock markets declined. The institutional investor held 151,553 shares of the prepackaged software company at the end of 2018Q1, valued at $13.83 million, down from 155,278 at the end of the previous reported quarter. Jacobs & Co who had been investing in Microsoft Corp for a number of months, seems to be less bullish one the $835.84B market cap company. The stock decreased 0.61% or $0.67 during the last trading session, reaching $109. About 14.51 million shares traded. Microsoft Corporation (NASDAQ:MSFT) has risen 41.28% since August 12, 2017 and is uptrending. It has outperformed by 28.71% the S&P500. Some Historical MSFT News: 15/03/2018 – Limelight Networks Helps Companies Defend against Cyber Threats with New Bot Management Solution; 16/05/2018 – Tech Report: Rumor: Microsoft is raring to release a low-cost Surface tablet; 26/03/2018 – Microsoft On Track For Best Day Since Oct. 2015 — MarketWatch; 26/04/2018 – MICROSOFT – QTRLY DILUTED EARNINGS PER SHARE WAS $0.95 AND INCREASED 36%; 07/03/2018 – McAfee Launches Industry’s Most Comprehensive Cloud Security Solution for Microsoft Azure; 15/05/2018 – American Education Center Signs Letter of Intent with Shanghai Education Service Park for Implementing 7 International Certificate Projects in China; 27/03/2018 – L3 TECHNOLOGIES IN 5 YR CLOUD COMPUTING PACT WITH MICROSOFT; 18/04/2018 – SAGlobal and 360 Vertical Solutions Join Forces to Create Leading Global Microsoft Dynamics 365 Service Industries Partner; 07/05/2018 – Microsoft Bets on Faster Chips, AI Services, to Win Cloud Wars; 18/04/2018 – SA lgnite Customers Achieve High MIPS Scores Using lgniteMlPS Solution

Since February 16, 2018, it had 1 buy, and 4 insider sales for $1.39 million activity. $550,606 worth of Microsoft Corporation (NASDAQ:MSFT) shares were bought by PETERSON SANDRA E.

Investors sentiment decreased to 0.74 in Q1 2018. Its down 0.03, from 0.77 in 2017Q4. It dropped, 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. Falcon Edge LP accumulated 333,200 shares or 5.56% of the stock. London Company Of Virginia invested 2.3% in Microsoft Corporation (NASDAQ:MSFT). Nexus invested in 4.73% or 337,378 shares. Northern Ltd accumulated 1.39% or 58,952 shares. A D Beadell Inv Counsel has 21,000 shares. Picton Mahoney Asset Management holds 3.74% of its portfolio in Microsoft Corporation (NASDAQ:MSFT) for 568,700 shares. Eubel Brady Suttman Asset Mgmt Incorporated has invested 3.29% in Microsoft Corporation (NASDAQ:MSFT). Vestor Cap Ltd Liability Company owns 3.45% invested in Microsoft Corporation (NASDAQ:MSFT) for 182,116 shares. Moore Cap Mngmt Limited Partnership, a New York-based fund reported 1.32M shares. Penobscot Inv Management Inc reported 103,605 shares. First Interstate National Bank & Trust holds 2.73% or 132,296 shares in its portfolio. 4,193 are owned by Jolley Asset Mgmt Ltd Llc. Clough Capital Ptnrs Lp has 3.08% invested in Microsoft Corporation (NASDAQ:MSFT). 37,662 are owned by Legacy Prtnrs Inc. Pineno Levin And Ford Asset holds 81,140 shares or 3.23% of its portfolio.

More notable recent Microsoft Corporation (NASDAQ:MSFT) news were published by: Seekingalpha.com which released: “Microsoft Soaring To All-Time Highs” on July 26, 2018, also Nasdaq.com with their article: “Noteworthy Friday Option Activity: HIG, IRM, MSFT” published on July 27, 2018, Seekingalpha.com published: “Microsoft: A Great Company For An Even Greater Price” on July 23, 2018. More interesting news about Microsoft Corporation (NASDAQ:MSFT) were released by: Nasdaq.com and their article: “Microsoft (MSFT) Stock Edges Higher on Q4 Earnings Beat” published on July 20, 2018 as well as Seekingalpha.com‘s news article titled: “Sell Microsoft And Don’t Look Back” with publication date: August 08, 2018.

Analysts await Microsoft Corporation (NASDAQ:MSFT) to report earnings on October, 25. They expect $0.96 earnings per share, up 14.29% or $0.12 from last year’s $0.84 per share. MSFT’s profit will be $7.36 billion for 28.39 P/E if the $0.96 EPS becomes a reality. After $1.13 actual earnings per share reported by Microsoft Corporation for the previous quarter, Wall Street now forecasts -15.04% negative EPS growth.

Jacobs & Co, which manages about $521.56 million and $541.45M US Long portfolio, upped its stake in Snap On Tools (NYSE:SNA) by 11,891 shares to 16,875 shares, valued at $2.49 million in 2018Q1, according to the filing. It also increased its holding in Facebook Inc Class A (NASDAQ:FB) by 3,539 shares in the quarter, for a total of 74,992 shares, and has risen its stake in Celgene Corp (NASDAQ:CELG).

Among 37 analysts covering Microsoft Corporation (NASDAQ:MSFT), 32 have Buy rating, 1 Sell and 4 Hold. Therefore 86% are positive. Microsoft Corporation had 208 analyst reports since July 22, 2015 according to SRatingsIntel. Stifel Nicolaus maintained the stock with “Buy” rating in Friday, July 21 report. The firm earned “Buy” rating on Friday, June 8 by Morgan Stanley. The rating was maintained by Canaccord Genuity on Friday, April 27 with “Buy”. The firm earned “Buy” rating on Monday, January 23 by Tigress Financial. Citigroup maintained Microsoft Corporation (NASDAQ:MSFT) on Friday, October 27 with “Sell” rating. On Thursday, October 1 the stock rating was upgraded by Bank of America to “Neutral”. The rating was maintained by Stifel Nicolaus with “Buy” on Monday, August 21. RBC Capital Markets maintained Microsoft Corporation (NASDAQ:MSFT) rating on Sunday, October 8. RBC Capital Markets has “Buy” rating and $77.0 target. As per Thursday, November 10, the company rating was upgraded by Atlantic Securities. The rating was maintained by Citigroup with “Sell” on Friday, July 21.

Among 41 analysts covering EOG Resources (NYSE:EOG), 30 have Buy rating, 0 Sell and 11 Hold. Therefore 73% are positive. EOG Resources had 140 analyst reports since July 22, 2015 according to SRatingsIntel. The firm has “Overweight” rating given on Thursday, September 1 by Barclays Capital. Susquehanna maintained the shares of EOG in report on Tuesday, January 26 with “Positive” rating. As per Thursday, March 8, the company rating was maintained by Jefferies. The stock of EOG Resources, Inc. (NYSE:EOG) earned “Buy” rating by Citigroup on Tuesday, January 5. The stock of EOG Resources, Inc. (NYSE:EOG) has “Overweight” rating given on Monday, November 20 by Barclays Capital. Jefferies maintained the stock with “Hold” rating in Wednesday, September 7 report. The rating was maintained by Susquehanna with “Hold” on Thursday, April 19. The rating was reinitiated by RBC Capital Markets on Friday, March 18 with “Sector Perform”. The firm earned “Underperform” rating on Wednesday, September 7 by CLSA. Stifel Nicolaus maintained the shares of EOG in report on Thursday, October 5 with “Buy” rating.

Shell Asset Management Co, which manages about $5.02 billion US Long portfolio, decreased its stake in Sempra Energy (NYSE:SRE) by 35,056 shares to 17,230 shares, valued at $1.92 million in 2018Q1, according to the filing. It also reduced its holding in Nektar Therapeutics (NASDAQ:NKTR) by 8,214 shares in the quarter, leaving it with 20,261 shares, and cut its stake in Exelon Corp (NYSE:EXC).

Since May 7, 2018, it had 0 insider buys, and 7 insider sales for $15.26 million activity. On Thursday, May 17 THOMAS GARY L sold $6.27M worth of EOG Resources, Inc. (NYSE:EOG) or 50,000 shares. WISNER FRANK G sold 890 shares worth $103,071. Shares for $229,039 were sold by TEXTOR DONALD F on Thursday, June 28. $1.32M worth of EOG Resources, Inc. (NYSE:EOG) shares were sold by DRIGGERS TIMOTHY K.

More notable recent EOG Resources, Inc. (NYSE:EOG) news were published by: Seekingalpha.com which released: “EOG’s Game Changing Update For Wyoming’s Powder River Basin” on August 07, 2018, also Investorplace.com with their article: “5 Energy Stocks to Sell Now” published on August 09, 2018, Seekingalpha.com published: “EOG: Focus On ROCE Key To Success” on August 08, 2018. More interesting news about EOG Resources, Inc. (NYSE:EOG) were released by: Forbes.com and their article: “EOG Resources Q2’18 Preview: Higher Production Volume And Stronger Commodity Prices To Help Growth” published on August 02, 2018 as well as Fool.com‘s news article titled: “3 Things Chesapeake Energy Corporation’s CEO Wants You to Know About Its Dramatic Transformation” with publication date: August 09, 2018.

Investors sentiment decreased to 0.88 in 2018 Q1. Its down 0.09, from 0.97 in 2017Q4. It dived, as 62 investors sold EOG shares while 345 reduced holdings. 96 funds opened positions while 261 raised stakes. 478.95 million shares or 0.35% more from 477.30 million shares in 2017Q4 were reported. 4,724 are held by Davenport & Limited Liability Co. Nomura Asset Mgmt Communications Ltd holds 0.1% of its portfolio in EOG Resources, Inc. (NYSE:EOG) for 84,485 shares. Barrett Asset Mngmt Ltd Liability invested in 0.8% or 106,951 shares. Cannell Peter B & Company owns 3,110 shares. Macroview Investment Management Ltd stated it has 84 shares. Nippon Life Invsts Americas reported 24,370 shares. Vigilant Mgmt Ltd holds 1.81% or 120,741 shares in its portfolio. Rothschild Asset Inc reported 677,946 shares. Nomura stated it has 285,178 shares or 0.03% of all its holdings. 114,808 were accumulated by Bluecrest Capital Management Limited. Hanson Mcclain stated it has 100 shares. Fiera Cap Corporation holds 184,431 shares. Corbyn Management Incorporated Md invested in 2.82% or 78,457 shares. Carmignac Gestion holds 3.3% or 4.47 million shares. Northern Tru holds 7.85M shares or 0.22% of its portfolio.

Microsoft Corporation (NASDAQ:MSFT) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter:


Recent Posts