As Comcast New (CMCSA) Share Value Rose, Convergence Investment Partners Has Increased Its Stake; Microsoft (MSFT) Holding Raised by Oakworth Capital Inc

December 24, 2017 - By Kurt Siggers

Oakworth Capital Inc increased its stake in Microsoft Corp (MSFT) by 11.75% based on its latest 2017Q3 regulatory filing with the SEC. Oakworth Capital Inc bought 4,743 shares as the company’s stock rose 4.75% with the market. The institutional investor held 45,125 shares of the prepackaged software company at the end of 2017Q3, valued at $3.37 million, up from 40,382 at the end of the previous reported quarter. Oakworth Capital Inc who had been investing in Microsoft Corp for a number of months, seems to be bullish on the $659.68B market cap company. The stock increased 0.01% or $0.01 during the last trading session, reaching $85.51. About 14.15M shares traded. Microsoft Corporation (NASDAQ:MSFT) has risen 34.52% since December 24, 2016 and is uptrending. It has outperformed by 17.82% the S&P500.

Convergence Investment Partners Llc increased its stake in Comcast Corp New (CMCSA) by 736.96% based on its latest 2017Q3 regulatory filing with the SEC. Convergence Investment Partners Llc bought 69,967 shares as the company’s stock rose 3.16% with the market. The institutional investor held 79,461 shares of the television services company at the end of 2017Q3, valued at $3.06 million, up from 9,494 at the end of the previous reported quarter. Convergence Investment Partners Llc who had been investing in Comcast Corp New for a number of months, seems to be bullish on the $190.60B market cap company. The stock decreased 0.07% or $0.03 during the last trading session, reaching $40.78. About 13.57M shares traded. Comcast Corporation (NASDAQ:CMCSA) has risen 28.96% since December 24, 2016 and is uptrending. It has outperformed by 12.26% the S&P500.

Oakworth Capital Inc, which manages about $389.35M US Long portfolio, decreased its stake in Vanguard Growth Etf (VUG) by 2,659 shares to 2,839 shares, valued at $374,000 in 2017Q3, according to the filing.

Since August 4, 2017, it had 0 insider buys, and 3 insider sales for $513.86 million activity. $4.00 million worth of Microsoft Corporation (NASDAQ:MSFT) was sold by Hood Amy on Tuesday, August 29. Shares for $1.98M were sold by COURTOIS JEAN PHILIPPE.

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. Harvey Capital Mgmt Inc holds 6,650 shares or 0.2% of its portfolio. Schroder Invest Management Group Inc accumulated 7.85 million shares or 1.01% of the stock. Athena Cap Advisors Lc reported 110,145 shares. Moreover, Longer Invests has 2.32% invested in Microsoft Corporation (NASDAQ:MSFT) for 34,950 shares. Suntrust Banks holds 2.72 million shares. Saratoga Rech And Investment Management holds 8,844 shares or 0.39% of its portfolio. Group Incorporated One Trading Limited Partnership stated it has 47,168 shares or 0.03% of all its holdings. Eagle Capital Mgmt Limited Liability has 23.53 million shares for 6.77% of their portfolio. 465,808 are owned by Daiwa Group Inc. Moore Capital Ltd Partnership has 1.00M shares. The California-based Personal Corporation has invested 0.56% in Microsoft Corporation (NASDAQ:MSFT). Lourd Ltd Limited Liability Company holds 0.19% or 28,395 shares. Boston Limited Liability Com owns 1.81 million shares for 3.05% of their portfolio. Cranbrook Wealth Lc holds 0.08% or 2,449 shares in its portfolio. Covington Mgmt invested in 2% or 405,897 shares.

Among 35 analysts covering Microsoft Corporation (NASDAQ:MSFT), 29 have Buy rating, 2 Sell and 4 Hold. Therefore 83% are positive. Microsoft Corporation had 140 analyst reports since July 22, 2015 according to SRatingsIntel. The stock has “Overweight” rating by Barclays Capital on Friday, October 23. The stock has “Buy” rating by Piper Jaffray on Friday, October 27. The stock of Microsoft Corporation (NASDAQ:MSFT) has “Buy” rating given on Friday, July 21 by Piper Jaffray. On Thursday, August 13 the stock rating was upgraded by Stifel Nicolaus to “Buy”. Cowen & Co maintained it with “Buy” rating and $90.0 target in Tuesday, October 31 report. The rating was maintained by Global Equities Research with “Overweight” on Friday, August 28. The firm has “Outperform” rating given on Friday, October 21 by BMO Capital Markets. As per Tuesday, July 18, the company rating was maintained by Goldman Sachs. The stock has “Outperform” rating by Oppenheimer on Tuesday, October 31. The firm earned “Buy” rating on Sunday, July 16 by KeyBanc Capital Markets.

Convergence Investment Partners Llc, which manages about $492.68 million and $705.85 million US Long portfolio, decreased its stake in Quad / Graphics Inc (NYSE:QUAD) by 44,541 shares to 41,199 shares, valued at $932,000 in 2017Q3, according to the filing. It also reduced its holding in Irobot Corp (NASDAQ:IRBT) by 16,835 shares in the quarter, leaving it with 5,845 shares, and cut its stake in Jabil Inc (NYSE:JBL).

Investors sentiment increased to 1.03 in 2017 Q3. Its up 0.02, from 1.01 in 2017Q2. It is positive, as 53 investors sold CMCSA shares while 517 reduced holdings. 115 funds opened positions while 470 raised stakes. 3.65 billion shares or 1.23% less from 3.69 billion shares in 2017Q2 were reported. Creative Planning holds 0.06% or 310,377 shares in its portfolio. Moreover, Vigilant Capital Management has 0% invested in Comcast Corporation (NASDAQ:CMCSA). Balasa Dinverno And Foltz holds 24,963 shares. Moreover, Atria Invs Ltd Com has 0.21% invested in Comcast Corporation (NASDAQ:CMCSA). Voya Inv Management Limited Liability Corporation has invested 1.02% in Comcast Corporation (NASDAQ:CMCSA). South State Corp holds 0.79% or 183,587 shares in its portfolio. Northeast Management invested 0.25% in Comcast Corporation (NASDAQ:CMCSA). Loews reported 7,000 shares or 0% of all its holdings. Winfield Assoc Inc stated it has 0.04% of its portfolio in Comcast Corporation (NASDAQ:CMCSA). Virtus Investment Advisers stated it has 252,172 shares. State Street owns 189.64 million shares for 0.63% of their portfolio. Fund Evaluation Group Incorporated Ltd Limited Liability Company invested 0.37% of its portfolio in Comcast Corporation (NASDAQ:CMCSA). Jefferies Group Ltd Liability Corporation reported 0.14% of its portfolio in Comcast Corporation (NASDAQ:CMCSA). Proshare Advsr Ltd Limited Liability Company invested 0.71% in Comcast Corporation (NASDAQ:CMCSA). Bryn Mawr Trust Com has 0.05% invested in Comcast Corporation (NASDAQ:CMCSA).

Since August 7, 2017, it had 0 insider buys, and 5 sales for $23.18 million activity. 583,835 shares were sold by ROBERTS BRIAN L, worth $22.57 million on Thursday, December 14. Another trade for 3,659 shares valued at $144,915 was made by Murdock Daniel C. on Monday, August 7. On Monday, December 18 BLOCK ARTHUR R sold $224,575 worth of Comcast Corporation (NASDAQ:CMCSA) or 5,630 shares.