Commonwealth Equity Services Holding in Allstate (ALL) Decreased as Share Value Rose; United Asset Strategies Has Raised Its Microsoft (MSFT) Holding

January 16, 2018 - By Vivian Currie

United Asset Strategies Inc increased its stake in Microsoft Corp (MSFT) by 23.94% based on its latest 2017Q3 regulatory filing with the SEC. United Asset Strategies Inc bought 4,913 shares as the company’s stock rose 4.75% with the market. The institutional investor held 25,434 shares of the prepackaged software company at the end of 2017Q3, valued at $1.90 million, up from 20,521 at the end of the previous reported quarter. United Asset Strategies Inc who had been investing in Microsoft Corp for a number of months, seems to be bullish on the $691.23 billion market cap company. The stock increased 1.73% or $1.52 during the last trading session, reaching $89.6. About 24.27M shares traded or 8.63% up from the average. Microsoft Corporation (NASDAQ:MSFT) has risen 34.52% since January 16, 2017 and is uptrending. It has outperformed by 17.82% the S&P500.

Commonwealth Equity Services Inc decreased its stake in Allstate Corp (ALL) by 7.5% based on its latest 2017Q3 regulatory filing with the SEC. Commonwealth Equity Services Inc sold 5,511 shares as the company’s stock rose 4.59% with the market. The institutional investor held 67,972 shares of the property-casualty insurers company at the end of 2017Q3, valued at $6.25 million, down from 73,483 at the end of the previous reported quarter. Commonwealth Equity Services Inc who had been investing in Allstate Corp for a number of months, seems to be less bullish one the $36.64 billion market cap company. The stock increased 1.32% or $1.33 during the last trading session, reaching $102.11. About 2.40M shares traded or 24.31% up from the average. The Allstate Corporation (NYSE:ALL) has risen 25.87% since January 16, 2017 and is uptrending. It has outperformed by 9.17% the S&P500.

United Asset Strategies Inc, which manages about $731.00M and $176.37M US Long portfolio, decreased its stake in Schlumberger Ltd (NYSE:SLB) by 32,790 shares to 35,354 shares, valued at $2.47 million in 2017Q3, according to the filing. It also reduced its holding in Boston Scientific Corp (NYSE:BSX) by 98,245 shares in the quarter, leaving it with 78,115 shares, and cut its stake in Apple Inc (NASDAQ:AAPL).

Investors sentiment increased to 0.83 in Q3 2017. 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. The United Kingdom-based Old Mutual Invsts (Uk) Limited has invested 0.52% in Microsoft Corporation (NASDAQ:MSFT). Oppenheimer Asset reported 1.35M shares. 35,100 were reported by M. Schroder Invest Gru, Maine-based fund reported 7.85 million shares. Alethea Capital Management Ltd Liability Co reported 4,400 shares. 1.14 million are held by Palestra Mgmt Lc. Liberty Mutual Gp Asset Management accumulated 333,177 shares or 1.36% of the stock. Manning And Napier Ltd stated it has 1.26% of its portfolio in Microsoft Corporation (NASDAQ:MSFT). Fic Inc owns 1.94% invested in Microsoft Corporation (NASDAQ:MSFT) for 68,353 shares. Tiverton Asset Mngmt Lc holds 1.84% in Microsoft Corporation (NASDAQ:MSFT) or 435,101 shares. Verity Asset Mgmt reported 28,775 shares. Charter Trust Commerce reported 95,783 shares. Notis accumulated 58,769 shares. 34,450 were accumulated by Spirit Of America Management Corp. James Inv Research holds 0% or 1,102 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 143 analyst reports since July 22, 2015 according to SRatingsIntel. The stock has “Buy” rating by Canaccord Genuity on Thursday, October 5. UBS maintained it with “Buy” rating and $56 target in Friday, October 23 report. Stifel Nicolaus maintained the stock with “Buy” rating in Friday, January 27 report. Piper Jaffray initiated the shares of MSFT in report on Thursday, December 22 with “Overweight” rating. The firm has “Hold” rating given on Friday, August 21 by Vetr. On Wednesday, July 20 the stock rating was maintained by Wunderlich with “Hold”. KeyBanc Capital Markets maintained Microsoft Corporation (NASDAQ:MSFT) rating on Sunday, July 16. KeyBanc Capital Markets has “Buy” rating and $7800 target. On Tuesday, November 10 the stock rating was maintained by Piper Jaffray with “Overweight”. Bank of America maintained the shares of MSFT in report on Monday, July 17 with “Buy” rating. The company was upgraded on Friday, October 23 by Bank of America.

Since August 4, 2017, it had 0 insider buys, and 3 selling transactions for $513.86 million activity. 55,000 shares valued at $4.00 million were sold by Hood Amy on Tuesday, August 29. 7.00M Microsoft Corporation (NASDAQ:MSFT) shares with value of $507.89 million were sold by Morfit G Mason.

Since August 4, 2017, it had 0 insider purchases, and 3 insider sales for $9.02 million activity. Another trade for 48,059 shares valued at $4.54 million was made by Winter Matthew E on Tuesday, August 15. Lees Susan L sold $1.16 million worth of stock.

Commonwealth Equity Services Inc, which manages about $41.07 billion and $16.68B US Long portfolio, upped its stake in Ishares Tr (IUSG) by 20,077 shares to 245,796 shares, valued at $12.41M in 2017Q3, according to the filing. It also increased its holding in Fs Invt Corp (NYSE:FSIC) by 220,296 shares in the quarter, for a total of 12.47M shares, and has risen its stake in Vanguard Scottsdale Fds (VTWO).

Investors sentiment increased to 0.91 in Q3 2017. Its up 0.15, from 0.76 in 2017Q2. It improved, as 44 investors sold ALL shares while 300 reduced holdings. 92 funds opened positions while 221 raised stakes. 263.23 million shares or 1.26% less from 266.58 million shares in 2017Q2 were reported. Gulf Bancorp (Uk) stated it has 116,995 shares. Bell Bank stated it has 0.19% in The Allstate Corporation (NYSE:ALL). Vanguard Grp reported 24.66 million shares. Alexandria Cap Limited Liability Co has 28 shares. Trust Of Virginia Va reported 7,636 shares. Sumitomo Mitsui Trust invested in 1.34 million shares. Moreover, Capstone Invest Advsr Llc has 0.01% invested in The Allstate Corporation (NYSE:ALL) for 2,224 shares. Salzhauer Michael holds 7,423 shares or 0.29% of its portfolio. Essex Inc accumulated 0.13% or 5,596 shares. State Teachers Retirement Systems has 0.15% invested in The Allstate Corporation (NYSE:ALL) for 643,389 shares. Boston holds 0.99% or 8.71M shares. Klingenstein Fields And Limited Liability has invested 0.24% in The Allstate Corporation (NYSE:ALL). Riverhead Cap Mngmt Llc reported 0.17% stake. Madison Inv Hldgs accumulated 2,800 shares. Ngam Advsrs Limited Partnership invested in 0.09% or 88,111 shares.

Among 20 analysts covering The Allstate Corporation (NYSE:ALL), 7 have Buy rating, 2 Sell and 11 Hold. Therefore 35% are positive. The Allstate Corporation has $11000 highest and $58 lowest target. $86.69’s average target is -15.10% below currents $102.11 stock price. The Allstate Corporation had 47 analyst reports since August 4, 2015 according to SRatingsIntel. The stock of The Allstate Corporation (NYSE:ALL) has “Buy” rating given on Tuesday, January 10 by Goldman Sachs. The firm earned “Buy” rating on Thursday, August 3 by M Partners. Wells Fargo maintained the stock with “Buy” rating in Tuesday, August 1 report. The firm has “Hold” rating by Keefe Bruyette & Woods given on Friday, October 6. On Tuesday, November 3 the stock rating was maintained by Credit Suisse with “Outperform”. On Thursday, August 4 the stock rating was maintained by Deutsche Bank with “Buy”. The rating was maintained by Keefe Bruyette & Woods on Wednesday, August 2 with “Hold”. Barclays Capital maintained The Allstate Corporation (NYSE:ALL) on Friday, August 11 with “Overweight” rating. The stock has “Mkt Perform” rating by FBR Capital on Monday, April 3. The company was downgraded on Tuesday, August 4 by RBC Capital Markets.

Analysts await The Allstate Corporation (NYSE:ALL) to report earnings on February, 7 after the close. They expect $1.63 EPS, down 24.88% or $0.54 from last year’s $2.17 per share. ALL’s profit will be $584.89M for 15.66 P/E if the $1.63 EPS becomes a reality. After $1.60 actual EPS reported by The Allstate Corporation for the previous quarter, Wall Street now forecasts 1.87% EPS growth.

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