Microsoft (MSFT) Holder Kentucky Retirement Systems Insurance Trust Fund Cut Holding by $539,682; Nomura Holdings Lowered Fedex (FDX) Holding by $8.71 Million as Stock Price Declined

January 14, 2018 - By Richard Conner

Kentucky Retirement Systems Insurance Trust Fund decreased its stake in Microsoft Corp (MSFT) by 3.45% based on its latest 2017Q3 regulatory filing with the SEC. Kentucky Retirement Systems Insurance Trust Fund sold 7,293 shares as the company’s stock rose 4.75% with the market. The institutional investor held 204,148 shares of the prepackaged software company at the end of 2017Q3, valued at $15.21 million, down from 211,441 at the end of the previous reported quarter. Kentucky Retirement Systems Insurance Trust Fund 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.

Nomura Holdings Inc decreased its stake in Fedex Corp (FDX) by 73.95% based on its latest 2017Q3 regulatory filing with the SEC. Nomura Holdings Inc sold 38,892 shares as the company’s stock declined 2.24% while stock markets rallied. The institutional investor held 13,702 shares of the air freight and delivery services company at the end of 2017Q3, valued at $3.08 million, down from 52,594 at the end of the previous reported quarter. Nomura Holdings Inc who had been investing in Fedex Corp for a number of months, seems to be less bullish one the $72.83 billion market cap company. The stock increased 0.24% or $0.66 during the last trading session, reaching $271.85. About 1.34M shares traded. FedEx Corporation (NYSE:FDX) has risen 19.02% since January 14, 2017 and is uptrending. It has outperformed by 2.32% the S&P500.

Investors sentiment increased to 0.83 in Q3 2017. Its up 0.01, from 0.82 in 2017Q2. It increased, 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. Covington Inv owns 74,373 shares for 2.09% of their portfolio. The Hawaii-based Ckw Grp has invested 0.04% in Microsoft Corporation (NASDAQ:MSFT). Kessler Gru Lc owns 52,335 shares or 5.01% of their US portfolio. Ardevora Asset Limited Liability Partnership reported 354,000 shares or 0.79% of all its holdings. The Vermont-based Tru Of Vermont has invested 1.5% in Microsoft Corporation (NASDAQ:MSFT). Sonata Cap Grp Inc Inc owns 21,667 shares. Northern Capital Mngmt Ltd Limited Liability Company owns 1.39% invested in Microsoft Corporation (NASDAQ:MSFT) for 60,443 shares. Brandes Partners LP invested in 1.04M shares or 1.52% of the stock. New York-based Morgens Waterfall Vintiadis And has invested 3.13% in Microsoft Corporation (NASDAQ:MSFT). Newfocus Finance Group Ltd accumulated 58,621 shares or 2.84% of the stock. 494,976 were reported by Dana Investment Inc. Moreover, Cohen Klingenstein Ltd Liability Co has 0.51% invested in Microsoft Corporation (NASDAQ:MSFT) for 45,000 shares. Southeast Asset Advisors has invested 0.3% in Microsoft Corporation (NASDAQ:MSFT). Cramer Rosenthal Mcglynn Ltd Liability, New York-based fund reported 79,150 shares. Weatherstone Management holds 0.17% or 3,309 shares in its portfolio.

Analysts await Microsoft Corporation (NASDAQ:MSFT) to report earnings on January, 25. They expect $0.86 EPS, up 3.61% or $0.03 from last year’s $0.83 per share. MSFT’s profit will be $6.63 billion for 26.05 P/E if the $0.86 EPS becomes a reality. After $0.84 actual EPS 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. Another trade for 26,763 shares valued at $1.98 million was sold by COURTOIS JEAN PHILIPPE. Morfit G Mason also sold $507.89M worth of Microsoft Corporation (NASDAQ:MSFT) 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. Jefferies maintained the shares of MSFT in report on Monday, September 25 with “Sell” rating. The rating was initiated by William Blair with “Market Perform” on Tuesday, July 19. Piper Jaffray maintained Microsoft Corporation (NASDAQ:MSFT) rating on Monday, November 27. Piper Jaffray has “Buy” rating and $100.0 target. The firm has “Buy” rating given on Friday, October 21 by UBS. The stock of Microsoft Corporation (NASDAQ:MSFT) earned “Outperform” rating by RBC Capital Markets on Wednesday, January 6. Wunderlich maintained Microsoft Corporation (NASDAQ:MSFT) on Friday, January 29 with “Hold” rating. On Monday, May 29 the stock rating was maintained by RBC Capital Markets with “Buy”. As per Thursday, October 26, the company rating was maintained by Jefferies. The stock has “Buy” rating by Stifel Nicolaus on Friday, October 23. BMO Capital Markets maintained Microsoft Corporation (NASDAQ:MSFT) on Wednesday, August 23 with “Buy” rating.

Among 37 analysts covering FedEx (NYSE:FDX), 24 have Buy rating, 1 Sell and 12 Hold. Therefore 65% are positive. FedEx had 105 analyst reports since August 14, 2015 according to SRatingsIntel. Zacks downgraded the stock to “Sell” rating in Monday, September 7 report. JP Morgan initiated FedEx Corporation (NYSE:FDX) rating on Tuesday, December 13. JP Morgan has “Overweight” rating and $233 target. As per Friday, March 24, the company rating was maintained by Raymond James. The firm has “Buy” rating by BMO Capital Markets given on Thursday, November 30. The rating was downgraded by UBS to “Neutral” on Friday, September 15. The rating was maintained by Robert W. Baird with “Buy” on Wednesday, December 20. The rating was upgraded by Susquehanna to “Positive” on Thursday, March 30. Seaport Global initiated FedEx Corporation (NYSE:FDX) on Tuesday, June 6 with “Hold” rating. On Wednesday, August 2 the stock rating was maintained by BMO Capital Markets with “Buy”. The rating was maintained by UBS on Wednesday, June 21 with “Buy”.

Since September 21, 2017, it had 0 insider buys, and 6 selling transactions for $22.31 million activity. On Thursday, September 21 Colleran Donald F sold $2.20M worth of FedEx Corporation (NYSE:FDX) or 10,000 shares. On Thursday, October 26 the insider Maier Henry J sold $2.55 million. Another trade for 3,016 shares valued at $802,405 was made by STEINER DAVID P on Friday, January 5. $1.48M worth of stock was sold by Subramaniam Rajesh on Thursday, September 21. Shares for $3.38 million were sold by DUCKER MICHAEL L on Friday, September 29.

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