Mraz Amerine & Associates Has Cut Position in Microsoft (MSFT) by $524,290 as Stock Price Rose; Alkeon Capital Management Has Increased Position in Ss&C Technologies Hldgs (SSNC) as Stock Value Rose

February 15, 2018 - By Peter Erickson

Mraz Amerine & Associates Inc decreased its stake in Microsoft Corp (MSFT) by 9.31% based on its latest 2017Q3 regulatory filing with the SEC. Mraz Amerine & Associates Inc sold 7,085 shares as the company’s stock rose 4.75% with the market. The institutional investor held 68,979 shares of the prepackaged software company at the end of 2017Q3, valued at $5.14M, down from 76,064 at the end of the previous reported quarter. Mraz Amerine & Associates Inc who had been investing in Microsoft Corp for a number of months, seems to be less bullish one the $699.22 billion market cap company. The stock increased 1.57% or $1.4 during the last trading session, reaching $90.81. About 34.96 million shares traded or 24.57% up from the average. Microsoft Corporation (NASDAQ:MSFT) has risen 34.52% since February 15, 2017 and is uptrending. It has outperformed by 17.82% the S&P500.

Panayotis Takis Sparaggis increased its stake in Ss&C Technologies Hldgs Inc (SSNC) by 0.77% based on its latest 2017Q3 regulatory filing with the SEC. Alkeon Capital Management Llc bought 20,000 shares as the company’s stock rose 4.26% with the market. The hedge fund run by Panayotis Takis Sparaggis held 2.63M shares of the technology company at the end of 2017Q3, valued at $105.48M, up from 2.61M at the end of the previous reported quarter. Alkeon Capital Management Llc who had been investing in Ss&C Technologies Hldgs Inc for a number of months, seems to be bullish on the $10.24B market cap company. The stock increased 1.53% or $0.75 during the last trading session, reaching $49.76. About 1.34M shares traded. SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) has risen 26.42% since February 15, 2017 and is uptrending. It has outperformed by 9.72% the S&P500.

Investors sentiment decreased to 1.34 in Q3 2017. Its down 0.71, from 2.05 in 2017Q2. It dived, as 23 investors sold SSNC shares while 71 reduced holdings. 44 funds opened positions while 82 raised stakes. 172.27 million shares or 0.35% less from 172.87 million shares in 2017Q2 were reported. Ckw Finance Gp holds 0.12% of its portfolio in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) for 12,400 shares. Ubs Asset Americas invested in 0.02% or 447,582 shares. Moreover, Hwg Ltd Partnership has 0.15% invested in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) for 4,853 shares. Parametric Portfolio Associates Lc invested in 138,414 shares. Verition Fund Ltd Liability Corporation reported 7,882 shares. First Mercantile accumulated 0.08% or 11,127 shares. Tower (Trc) owns 0% invested in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) for 189 shares. Connecticut-based Mark Sheptoff Financial Planning Limited Liability has invested 0.02% in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC). Gamble Jones Investment Counsel reported 0.31% of its portfolio in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC). Barclays Public Limited Com reported 22,875 shares or 0% of all its holdings. Art Llc reported 30,700 shares. Horizon Kinetics Limited Liability Company holds 10,236 shares. Moreover, Quantitative Investment Management Limited Liability Corporation has 0.08% invested in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC). Incline Glob Mngmt Ltd Liability Company invested in 1.54 million shares. Natixis stated it has 30,441 shares or 0.01% of all its holdings.

Alkeon Capital Management Llc, which manages about $5.66 billion and $13.53 billion US Long portfolio, decreased its stake in Alibaba Group Hldg Ltd (NYSE:BABA) by 96,000 shares to 1.55 million shares, valued at $266.91 million in 2017Q3, according to the filing. It also reduced its holding in Broadcom Ltd by 165,000 shares in the quarter, leaving it with 335,000 shares, and cut its stake in Cintas Corp (NASDAQ:CTAS).

Among 14 analysts covering SS&C Techs (NASDAQ:SSNC), 11 have Buy rating, 0 Sell and 3 Hold. Therefore 79% are positive. SS&C Techs had 37 analyst reports since July 27, 2015 according to SRatingsIntel. J.P. Morgan downgraded SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) on Tuesday, December 12 to “Hold” rating. As per Monday, July 27, the company rating was upgraded by Sandler O’Neill. The firm earned “Buy” rating on Thursday, January 11 by RBC Capital Markets. As per Thursday, July 30, the company rating was maintained by Needham. RBC Capital Markets maintained the stock with “Buy” rating in Thursday, September 7 report. On Tuesday, October 6 the stock rating was initiated by Evercore with “Buy”. The company was maintained on Thursday, June 1 by Jefferies. On Wednesday, August 5 the stock rating was downgraded by Zacks to “Buy”. RBC Capital Markets maintained SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) on Wednesday, July 5 with “Buy” rating. The stock of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) earned “Overweight” rating by Morgan Stanley on Tuesday, September 27.

Since August 29, 2017, it had 0 insider purchases, and 2 selling transactions for $5.98 million activity. COURTOIS JEAN PHILIPPE sold $1.98M worth of Microsoft Corporation (NASDAQ:MSFT) on Wednesday, August 30.

Mraz Amerine & Associates Inc, which manages about $353.64M and $316.22M US Long portfolio, upped its stake in Now Inc (NYSE:DNOW) by 76,583 shares to 234,645 shares, valued at $3.24 million in 2017Q3, according to the filing.

Among 37 analysts covering Microsoft Corporation (NASDAQ:MSFT), 29 have Buy rating, 2 Sell and 6 Hold. Therefore 78% are positive. Microsoft Corporation had 166 analyst reports since July 22, 2015 according to SRatingsIntel. The company was maintained on Friday, February 2 by Morgan Stanley. Canaccord Genuity upgraded Microsoft Corporation (NASDAQ:MSFT) on Thursday, October 5 to “Buy” rating. The stock of Microsoft Corporation (NASDAQ:MSFT) earned “Neutral” rating by Citigroup on Friday, January 27. Piper Jaffray maintained Microsoft Corporation (NASDAQ:MSFT) on Sunday, August 27 with “Buy” rating. The stock has “Buy” rating by RBC Capital Markets on Sunday, October 8. The company was maintained on Thursday, January 25 by J.P. Morgan. The rating was initiated by Macquarie Research with “Neutral” on Tuesday, April 26. The rating was maintained by Credit Suisse on Wednesday, January 31 with “Buy”. The stock has “Buy” rating by Bank of America on Friday, October 23. The rating was maintained by BMO Capital Markets on Thursday, July 13 with “Buy”.

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