Published: Sat, November 18, 2017
Hi-Tech | By Ellis Neal

The Greytown Advisors Inc. Purchases New Stake in Microsoft Co. (MSFT)


About 88 shares traded.

Microsoft Corporation (NASDAQ:MSFT) last announced its quarterly earnings data on Thursday, October 26th. It has outperformed by 17.82% the S&P500. Diamond Hill Capital Management Inc, a Ohio-based fund reported 11.38 million shares. The institutional investor held 52,081 shares of the technology company at the end of 2017Q2, valued at $7.86M, up from 42,845 at the end of the previous reported quarter. Tortoise Energy Infrastructure now has $1.31B valuation.

About 83,127 shares traded. Stericycle Inc (NASDAQ:SRCL) has declined 14.12% since November 17, 2016 and is downtrending. It has underperformed by 41.36% the S&P500.

Since May 24, 2017, it had 0 insider purchases, and 2 insider sales for $2.14 million activity.

Investors sentiment decreased to 0.82 in Q2 2017. Its up 0.19, from 0.91 in 2017Q1. It worsened, as 39 investors sold MSFT shares while 982 reduced holdings.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock.

Meeder Asset Management Inc, which manages about $3.85B and $1.05 billion US Long portfolio, decreased its stake in Biogen Inc (NASDAQ:BIIB) by 3,780 shares to 5,927 shares, valued at $1.61M in 2017Q2, according to the filing. Webster Bank N A has 1.3% invested in Microsoft Corporation (NASDAQ:MSFT) for 127,080 shares. 230,546 were reported by Cardinal Mngmt Inc. Magellan Asset Management Ltd downsized its position by selling 2,548,722 shares a decrease of 12.0% in the quarter. Rodgers Brothers Incorporated stated it has 739,737 shares or 9.36% of all its holdings. Rbf Cap Limited Liability Company invested in 45,000 shares. Pittenger & Anderson holds 0.93% or 141,731 shares in its portfolio. Wunderlich Managemnt owns 21,798 shares. Stanley Capital Ltd Liability Company stated it has 2.54% in Microsoft Corporation (NASDAQ:MSFT). Aureus Asset Management Lc owns 109,416 shares for 2.78% of their portfolio. California-based Scge Mgmt Ltd Partnership has invested 8.48% in Microsoft Corporation (NASDAQ:MSFT). Nottingham Advisors Inc. increased its holdings in Microsoft Corporation by 0.4% during the second quarter. Alpha Windward Ltd Llc holds 5,935 shares. Invest Of Virginia Limited Liability Corp reported 65,150 shares. Harvey Cap Mgmt owns 40,800 shares. It also upped Ishares Tr (IYW) stake by 18,258 shares and now owns 35,188 shares. Ares Capital Corp (NASDAQ:ARCC) was raised too. Vetr upgraded shares of Microsoft Corporation from a "hold" rating to a "buy" rating and set a $90.36 price objective for the company in a research note on Monday, November 13th. Therefore 92% are positive. As per Sunday, July 16, the company rating was maintained by KeyBanc Capital Markets. The firm earned "Buy" rating on Thursday, February 2 by Mizuho. Cowen and Company lifted their price objective on Microsoft from $70.00 to $74.00 and gave the company an "outperform" rating in a research note on Friday. Bank of America Corporation reissued a "buy" rating and issued a $83.00 target price (up from $75.00) on shares of Microsoft Corporation in a research report on Monday, July 17th. On Thursday, May 25 COURTOIS JEAN PHILIPPE sold $1.81 million worth of Microsoft Corporation (NASDAQ:MSFT) or 26,165 shares. Moreover, Tiverton Asset Lc has 0.45% invested in CoStar Group Inc (NASDAQ:CSGP). Maxim Group maintained the stock with "Buy" rating in Friday, May 26 report. Needham maintained the shares of CSGP in report on Thursday, October 26 with "Buy" rating. The company now has a consensus rating of Buy and an average target price of $84.21.

Analysts await Microsoft Corporation (NASDAQ:MSFT) to report earnings on January, 25. During the same period in the prior year, the business posted $0.76 EPS. MSFT's profit will be $6.63 billion for 23.98 P/E if the $0.86 EPS becomes a reality.

Analysts expect Bridgeline Digital Inc (NASDAQ:BLIN) to report $-0.07 EPS on December, 13.They anticipate $0.08 EPS change or 53.33% from last quarter's $-0.15 EPS. As of the end of the quarter Mitsubishi Ufj Trust & Banking Corp had acquired 165,338 shares growing its stake by 1.1%.

Analysts await Pure Storage Inc (NYSE:PSTG) to report earnings on November, 28 after the close. SRCL's profit will be $98.16 million for 13.68 P/E if the $1.15 EPS becomes a reality. After $0.29 actual EPS reported by Abaxis Inc for the previous quarter, Wall Street now forecasts -17.24% negative EPS growth.

Among 8 analysts covering Abaxis (NASDAQ:ABAX), 0 have Buy rating, 3 Sell and 5 Hold. Therefore 100% are positive. Stericycle had 48 analyst reports since August 14, 2015 according to SRatingsIntel. As per Monday, January 23, the company rating was upgraded by Tigress Financial. The firm has "Buy" rating given on Friday, July 21 by Barclays Capital. The rating was downgraded by Robert W. Baird to "Underperform" on Friday, May 5. The rating was initiated by Loop Capital on Friday, September 23 with "Buy". As per Tuesday, October 31, the company rating was maintained by Needham. The firm has "Buy" rating given on Thursday, November 3 by Canaccord Genuity. Macquarie Research has "Neutral" rating and $51 target. The stock of Stericycle Inc (NASDAQ:SRCL) has "Buy" rating given on Friday, August 11 by Jefferies. As per Friday, July 21, the company rating was maintained by Citigroup. Its down 0.19, from 1.14 in 2017Q1. It improved, as 21 investors sold CSGP shares while 96 reduced holdings. 62 funds opened positions while 158 raised stakes. Wade G W & Inc accumulated 180,120 shares. Commonwealth Equity Service has 0% invested in CoStar Group Inc (NASDAQ:CSGP) for 2,250 shares. Royal Bancshares Of Canada has 2.18M shares. If you are accessing this report on another domain, it was illegally stolen and reposted in violation of United States and worldwide copyright & trademark law. Patriot Wealth Management holds 1.46% or 126,953 shares. More interesting news about Microsoft Corporation (NASDAQ:MSFT) were released by: Investorplace.com and their article: "Microsoft Corporation Is Deep in Artificial Intelligence Waters" published on November 07, 2017 as well as Seekingalpha.com's news article titled: "Microsoft Delivers An Outstanding Quarter" with publication date: November 07, 2017. Whittier Trust Of Nevada Inc has 700 shares. Wellington Shields Cap Mgmt Llc holds 1.54% or 136,985 shares in its portfolio. Metropolitan Life Insurance Company Ny invested in 0.01% or 42,019 shares.

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