As Signature Bank (SBNY) Market Value Declined, Quantitative Systematic Strategies Cut by $486,400 Its Holding; Guardian Capital Advisors LP Decreased Microsoft (MSFT) Stake as Share Value Rose

February 20, 2018 - By Peter Erickson

Guardian Capital Advisors Lp decreased its stake in Microsoft Corp (MSFT) by 2.72% based on its latest 2017Q3 regulatory filing with the SEC. Guardian Capital Advisors Lp sold 4,226 shares as the company’s stock rose 4.75% with the market. The institutional investor held 150,953 shares of the prepackaged software company at the end of 2017Q3, valued at $11.90 million, down from 155,179 at the end of the previous reported quarter. Guardian Capital Advisors Lp who had been investing in Microsoft Corp for a number of months, seems to be less bullish one the $708.38 billion market cap company. The stock decreased 0.71% or $0.66 during the last trading session, reaching $92. About 30.60M shares traded or 7.48% up from the average. Microsoft Corporation (NASDAQ:MSFT) has risen 34.52% since February 20, 2017 and is uptrending. It has outperformed by 17.82% the S&P500.

Quantitative Systematic Strategies Llc decreased its stake in Signature Bank (SBNY) by 57.95% based on its latest 2017Q3 regulatory filing with the SEC. Quantitative Systematic Strategies Llc sold 3,800 shares as the company’s stock declined 12.57% while stock markets rallied. The institutional investor held 2,757 shares of the major banks company at the end of 2017Q3, valued at $353,000, down from 6,557 at the end of the previous reported quarter. Quantitative Systematic Strategies Llc who had been investing in Signature Bank for a number of months, seems to be less bullish one the $8.31 billion market cap company. The stock increased 0.19% or $0.29 during the last trading session, reaching $154.79. About 329,942 shares traded. Signature Bank (NASDAQ:SBNY) has risen 4.47% since February 20, 2017 and is uptrending. It has underperformed by 12.23% the S&P500.

Since August 29, 2017, it had 0 insider purchases, and 2 selling transactions for $5.98 million activity. On Tuesday, August 29 Hood Amy sold $4.00 million worth of Microsoft Corporation (NASDAQ:MSFT) or 55,000 shares.

Among 37 analysts covering Microsoft Corporation (NASDAQ:MSFT), 29 have Buy rating, 2 Sell and 6 Hold. Therefore 78% are positive. Microsoft Corporation had 167 analyst reports since July 22, 2015 according to SRatingsIntel. Morgan Stanley maintained the shares of MSFT in report on Monday, June 19 with “Buy” rating. The company was maintained on Wednesday, September 27 by Bernstein. The rating was maintained by Cowen & Co with “Buy” on Thursday, February 1. On Wednesday, December 20 the stock rating was maintained by Oppenheimer with “Buy”. UBS maintained Microsoft Corporation (NASDAQ:MSFT) rating on Monday, August 29. UBS has “Buy” rating and $64 target. The stock has “Buy” rating by Canaccord Genuity on Wednesday, January 31. The stock of Microsoft Corporation (NASDAQ:MSFT) earned “Buy” rating by UBS on Friday, January 29. The firm earned “Buy” rating on Monday, November 27 by Piper Jaffray. The rating was upgraded by Morgan Stanley on Wednesday, January 13 to “Overweight”. BMO Capital Markets initiated it with “Outperform” rating and $64.0 target in Friday, January 8 report.

Investors sentiment increased to 0.83 in 2017 Q3. 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. Greenwood Assoc Ltd Limited Liability Company stated it has 106,098 shares or 1.96% of all its holdings. Archford Capital Strategies Ltd Limited Liability Company owns 60,166 shares. Moreover, Fjarde Ap has 2.43% invested in Microsoft Corporation (NASDAQ:MSFT). River Mercantile Asset Llp reported 91,642 shares stake. Knott David M holds 2.19% in Microsoft Corporation (NASDAQ:MSFT) or 68,750 shares. Gradient Invs Ltd Liability Corporation owns 9,428 shares or 0.04% of their US portfolio. Cambridge Tru has invested 2.65% of its portfolio in Microsoft Corporation (NASDAQ:MSFT). Zurcher Kantonalbank (Zurich Cantonalbank) holds 3.02M shares. Cookson Peirce And stated it has 1.78% in Microsoft Corporation (NASDAQ:MSFT). Bowen Hanes invested in 78,818 shares. 8,843 are owned by First Utd Bancorp. Wellington Mgmt Grp Ltd Liability Partnership stated it has 1.94% of its portfolio in Microsoft Corporation (NASDAQ:MSFT). Moreover, Torch Wealth Mngmt Limited Liability Corporation has 0.56% invested in Microsoft Corporation (NASDAQ:MSFT). Carderock Mgmt owns 4,017 shares. Parkwood Ltd Liability Company invested 1.34% of its portfolio in Microsoft Corporation (NASDAQ:MSFT).

Among 22 analysts covering Signature Bank (NASDAQ:SBNY), 16 have Buy rating, 0 Sell and 6 Hold. Therefore 73% are positive. Signature Bank had 67 analyst reports since July 22, 2015 according to SRatingsIntel. The rating was maintained by FBR Capital with “Outperform” on Friday, October 21. Barclays Capital maintained the stock with “Equal-Weight” rating in Friday, October 9 report. The stock has “Buy” rating by Bank of America on Wednesday, September 20. Keefe Bruyette & Woods maintained the shares of SBNY in report on Tuesday, October 3 with “Buy” rating. The stock of Signature Bank (NASDAQ:SBNY) has “Overweight” rating given on Friday, September 15 by Morgan Stanley. The firm has “Buy” rating given on Tuesday, December 12 by Keefe Bruyette & Woods. On Tuesday, January 9 the stock rating was maintained by Wells Fargo with “Hold”. Morgan Stanley downgraded Signature Bank (NASDAQ:SBNY) on Monday, November 6 to “Equal-Weight” rating. The company was downgraded on Friday, November 18 by Hovde Group. FBR Capital maintained the shares of SBNY in report on Thursday, July 21 with “Outperform” rating.

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