As Parsley Energy (PE) Market Value Declined, Goldentree Asset Management LP Lifted Its Stake; As Microsoft (MSFT) Share Price Rose, Gvo Asset Management LTD Has Lowered by $5.29 Million Its Holding

January 14, 2018 - By Adrian Erickson

Gvo Asset Management Ltd decreased its stake in Microsoft Corp (MSFT) by 16.66% based on its latest 2017Q3 regulatory filing with the SEC. Gvo Asset Management Ltd sold 71,500 shares as the company’s stock rose 4.75% with the market. The institutional investor held 357,545 shares of the prepackaged software company at the end of 2017Q3, valued at $26.63M, down from 429,045 at the end of the previous reported quarter. Gvo Asset Management Ltd who had been investing in Microsoft Corp for a number of months, seems to be less bullish one the $691.23B market cap company. The stock increased 1.73% or $1.52 during the last trading session, reaching $89.6. About 24.27 million shares traded or 8.63% up from the average. Microsoft Corporation (NASDAQ:MSFT) has risen 34.52% since January 14, 2017 and is uptrending. It has outperformed by 17.82% the S&P500.

Steven Tananbaum increased its stake in Parsley Energy Inc (PE) by 110.32% based on its latest 2017Q3 regulatory filing with the SEC. Goldentree Asset Management Lp bought 677,348 shares as the company’s stock declined 0.66% while stock markets rallied. The hedge fund run by Steven Tananbaum held 1.29M shares of the energy company at the end of 2017Q3, valued at $34.01 million, up from 613,977 at the end of the previous reported quarter. Goldentree Asset Management Lp who had been investing in Parsley Energy Inc for a number of months, seems to be bullish on the $9.15B market cap company. The stock decreased 0.03% or $0.01 during the last trading session, reaching $29.11. About 9.21 million shares traded or 113.76% up from the average. Parsley Energy, Inc. (NYSE:PE) has risen 26.09% since January 14, 2017 and is uptrending. It has outperformed by 9.39% the S&P500.

Analysts await Microsoft Corporation (NASDAQ:MSFT) to report earnings on January, 25. They expect $0.86 earnings per share, up 3.61% or $0.03 from last year’s $0.83 per share. MSFT’s profit will be $6.63B for 26.05 P/E if the $0.86 EPS becomes a reality. After $0.84 actual earnings per share reported by Microsoft Corporation for the previous quarter, Wall Street now forecasts 2.38% EPS growth.

Since August 4, 2017, it had 0 insider buys, and 3 insider sales for $513.86 million activity. $4.00 million worth of stock was sold by Hood Amy on Tuesday, August 29. Shares for $507.89 million were sold by Morfit G Mason on Friday, August 4.

Among 35 analysts covering Microsoft Corporation (NASDAQ:MSFT), 29 have Buy rating, 2 Sell and 4 Hold. Therefore 83% are positive. Microsoft Corporation had 142 analyst reports since July 22, 2015 according to SRatingsIntel. Stifel Nicolaus maintained the stock with “Buy” rating in Friday, October 23 report. The firm has “Buy” rating given on Wednesday, August 23 by BMO Capital Markets. The company was upgraded on Thursday, November 17 by Goldman Sachs. Jefferies maintained Microsoft Corporation (NASDAQ:MSFT) rating on Friday, July 14. Jefferies has “Sell” rating and $4500 target. As per Monday, October 2, the company rating was maintained by Piper Jaffray. Oppenheimer reinitiated Microsoft Corporation (NASDAQ:MSFT) on Thursday, March 17 with “Outperform” rating. The firm has “Outperform” rating given on Friday, October 21 by William Blair. UBS maintained the stock with “Buy” rating in Monday, November 23 report. The stock has “Sell” rating by Citigroup on Friday, October 27. On Sunday, August 27 the stock rating was maintained by Piper Jaffray with “Buy”.

Investors sentiment increased to 0.83 in 2017 Q3. 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. 50,000 are held by Ally Financial. Riverpoint Limited Company holds 147,504 shares or 0.71% of its portfolio. Virtus Invest Advisers Inc holds 1.33% or 170,007 shares. Janney Mgmt Ltd Liability Company stated it has 1.98% in Microsoft Corporation (NASDAQ:MSFT). Pinnacle Ltd has 1.04% invested in Microsoft Corporation (NASDAQ:MSFT). 1.14M are owned by Palestra Cap Management Ltd. Orca Mngmt Limited Liability, a Oregon-based fund reported 70,588 shares. Lathrop Investment Mngmt Corporation reported 4.52% of its portfolio in Microsoft Corporation (NASDAQ:MSFT). 129,558 are owned by Ct Mason. Homrich Berg stated it has 0.39% in Microsoft Corporation (NASDAQ:MSFT). Sachem Head Cap Mngmt Limited Partnership holds 14.33% in Microsoft Corporation (NASDAQ:MSFT) or 4.05 million shares. 375,280 were accumulated by Columbia Prns L L C Inv Management. Murphy Pohlad Asset Limited Company owns 80,695 shares. The New York-based Qs Ltd Company has invested 0.45% in Microsoft Corporation (NASDAQ:MSFT). Northwestern Mutual Wealth Mgmt Com holds 632,938 shares or 0.34% of its portfolio.

Goldentree Asset Management Lp, which manages about $22.00 billion and $277.91 million US Long portfolio, decreased its stake in Microsemi Corp (NASDAQ:MSCC) by 23,288 shares to 455,823 shares, valued at $23.47 million in 2017Q3, according to the filing. It also reduced its holding in Spirit Rlty Cap Inc New (NYSE:SRC) by 942,179 shares in the quarter, leaving it with 1.22M shares, and cut its stake in Delta Air Lines Inc Del (NYSE:DAL).

Investors sentiment decreased to 1.13 in Q3 2017. Its down 0.27, from 1.4 in 2017Q2. It turned negative, as 51 investors sold PE shares while 91 reduced holdings. 49 funds opened positions while 111 raised stakes. 246.67 million shares or 3.47% more from 238.40 million shares in 2017Q2 were reported. Robeco Institutional Asset Mgmt Bv accumulated 0% or 26,861 shares. Westwood Grp Inc Inc stated it has 0.34% in Parsley Energy, Inc. (NYSE:PE). Us Bancshares De has 154,447 shares. State Board Of Administration Of Florida Retirement Systems has 0.02% invested in Parsley Energy, Inc. (NYSE:PE). Parametric Portfolio Ltd Liability holds 189,846 shares or 0.01% of its portfolio. Kazazian Asset Mgmt Lc holds 0.43% or 13,300 shares. Global X Mgmt Lc invested in 0% or 807 shares. Regions Corporation accumulated 10,104 shares. Quantitative Systematic Strategies Limited Company stated it has 53,485 shares or 0.37% of all its holdings. Commerzbank Aktiengesellschaft Fi invested in 211,693 shares or 0.07% of the stock. Deltec Asset Mgmt Limited Liability has invested 1.21% in Parsley Energy, Inc. (NYSE:PE). Prudential Inc invested in 0% or 12,870 shares. Ls Invest Ltd Llc holds 0% or 2,446 shares. Morgan Stanley owns 773,691 shares or 0.01% of their US portfolio. Syntal Cap Prtn Limited owns 6.69% invested in Parsley Energy, Inc. (NYSE:PE) for 353,068 shares.

Among 36 analysts covering Parsley Energy Inc (NYSE:PE), 32 have Buy rating, 0 Sell and 4 Hold. Therefore 89% are positive. Parsley Energy Inc had 113 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by BMO Capital Markets with “Buy” on Monday, June 26. The rating was initiated by Wunderlich with “Buy” on Friday, June 17. On Thursday, November 9 the stock rating was maintained by Imperial Capital with “Outperform”. As per Wednesday, July 19, the company rating was maintained by Bank of America. The rating was downgraded by Howard Weil on Monday, May 16 to “Sector Outperform”. Cowen & Co downgraded the shares of PE in report on Tuesday, September 8 to “Market Perform” rating. The stock of Parsley Energy, Inc. (NYSE:PE) has “Buy” rating given on Wednesday, December 2 by Deutsche Bank. The rating was initiated by Iberia Capital Partners with “Outperform” on Friday, October 9. The rating was maintained by Barclays Capital on Wednesday, October 11 with “Overweight”. The rating was maintained by FBR Capital with “Buy” on Thursday, June 1.

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 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