As Microsoft (MSFT) Valuation Rose, Tiverton Asset Management Increased Stake; As Illumina (ILMN) Share Value Rose, Pnc Financial Services Group Boosted Position by $978,085

February 24, 2018 - By Nellie Frank

Tiverton Asset Management Llc increased its stake in Microsoft Corp (MSFT) by 44.03% based on its latest 2017Q3 regulatory filing with the SEC. Tiverton Asset Management Llc bought 133,000 shares as the company’s stock rose 4.75% with the market. The institutional investor held 435,101 shares of the prepackaged software company at the end of 2017Q3, valued at $32.41 million, up from 302,101 at the end of the previous reported quarter. Tiverton Asset Management Llc who had been investing in Microsoft Corp for a number of months, seems to be bullish on the $724.24 billion market cap company. The stock increased 2.54% or $2.33 during the last trading session, reaching $94.06. About 26.33 million shares traded. Microsoft Corporation (NASDAQ:MSFT) has risen 34.52% since February 24, 2017 and is uptrending. It has outperformed by 17.82% the S&P500.

Pnc Financial Services Group Inc increased its stake in Illumina Inc (ILMN) by 8.81% based on its latest 2017Q3 regulatory filing with the SEC. Pnc Financial Services Group Inc bought 4,915 shares as the company’s stock rose 8.35% with the market. The institutional investor held 60,706 shares of the capital goods company at the end of 2017Q3, valued at $12.09M, up from 55,791 at the end of the previous reported quarter. Pnc Financial Services Group Inc who had been investing in Illumina Inc for a number of months, seems to be bullish on the $34.37 billion market cap company. The stock increased 3.13% or $7.1 during the last trading session, reaching $233.84. About 536,170 shares traded. Illumina, Inc. (NASDAQ:ILMN) has risen 28.24% since February 24, 2017 and is uptrending. It has outperformed by 11.54% the S&P500.

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. Highland Cap LP reported 201,458 shares. Aviance Capital Mngmt Limited Liability Corporation invested in 0.09% or 17,813 shares. The California-based Stevens First Principles Investment Advisors has invested 0.07% in Microsoft Corporation (NASDAQ:MSFT). State Bank Of New York Mellon owns 113.07M shares. Apg Asset Nv reported 1.27% stake. Halbert Hargrove Russell Lc has invested 0.26% in Microsoft Corporation (NASDAQ:MSFT). Amer Asset Management holds 0.96% of its portfolio in Microsoft Corporation (NASDAQ:MSFT) for 21,037 shares. Somerset Trust Company has invested 3.25% in Microsoft Corporation (NASDAQ:MSFT). Ariel Invs Limited Co accumulated 2.73M shares. Lawson Kroeker Invest Mgmt Inc Ne holds 3.38% or 144,260 shares. Guardian Limited Partnership accumulated 279,674 shares. Boyar Asset holds 5.54% of its portfolio in Microsoft Corporation (NASDAQ:MSFT) for 99,499 shares. Callahan Advisors Limited Liability Com stated it has 2.79% of its portfolio in Microsoft Corporation (NASDAQ:MSFT). Welch Grp Limited Co stated it has 235,025 shares. United Fire Gru accumulated 30,000 shares.

Since August 29, 2017, it had 0 buys, and 4 insider sales for $6.58 million activity. The insider COURTOIS JEAN PHILIPPE sold $1.98 million. 55,000 shares valued at $4.00M were sold by Hood Amy on Tuesday, August 29.

Tiverton Asset Management Llc, which manages about $1.77 billion US Long portfolio, decreased its stake in Nextera Energy Partners Lp (NYSE:NEP) by 14,133 shares to 113,768 shares, valued at $4.58 million in 2017Q3, according to the filing. It also reduced its holding in Kirby Corp (NYSE:KEX) by 5,470 shares in the quarter, leaving it with 43,961 shares, and cut its stake in Costar Group Inc (NASDAQ:CSGP).

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. KeyBanc Capital Markets maintained the stock with “Overweight” rating in Thursday, February 1 report. Bernstein maintained Microsoft Corporation (NASDAQ:MSFT) rating on Wednesday, September 27. Bernstein has “Buy” rating and $87.0 target. The rating was upgraded by Raymond James on Monday, November 30 to “Strong Buy”. The stock of Microsoft Corporation (NASDAQ:MSFT) earned “Buy” rating by BMO Capital Markets on Wednesday, January 31. UBS maintained Microsoft Corporation (NASDAQ:MSFT) on Monday, August 29 with “Buy” rating. Stifel Nicolaus maintained Microsoft Corporation (NASDAQ:MSFT) on Friday, October 27 with “Buy” rating. M Partners maintained it with “Hold” rating and $7000 target in Friday, July 21 report. The firm has “Outperform” rating by William Blair given on Friday, October 21. RBC Capital Markets maintained the stock with “Buy” rating in Thursday, February 1 report. The firm has “Neutral” rating by Bank of America given on Thursday, October 1.

Investors sentiment decreased to 1.1 in 2017 Q3. Its down 0.24, from 1.34 in 2017Q2. It fall, as 33 investors sold ILMN shares while 167 reduced holdings. 55 funds opened positions while 165 raised stakes. 131.54 million shares or 1.36% less from 133.36 million shares in 2017Q2 were reported. Mitsubishi Ufj holds 0.34% or 360 shares in its portfolio. 6,100 are owned by Meiji Yasuda Life. Philadelphia has 12,635 shares. Magellan Asset Mngmt Limited owns 110 shares. Moreover, Great West Life Assurance Can has 0.05% invested in Illumina, Inc. (NASDAQ:ILMN) for 103,707 shares. Primecap Mgmt Co Ca holds 1.90M shares. Reynders Mcveigh Management Ltd Co has 85,549 shares. Andra Ap owns 0.03% invested in Illumina, Inc. (NASDAQ:ILMN) for 7,300 shares. Advisors Asset Mngmt Inc reported 21,976 shares or 0.07% of all its holdings. Glenmede Trust Na has 3,492 shares for 0% of their portfolio. Essex Investment Mngmt Ltd Liability Corp stated it has 12,433 shares or 0.34% of all its holdings. Fairfield Bush holds 1.17% or 18,730 shares in its portfolio. Riverpark Advisors Limited Liability Com invested 0.31% of its portfolio in Illumina, Inc. (NASDAQ:ILMN). First Quadrant LP Ca invested 0% of its portfolio in Illumina, Inc. (NASDAQ:ILMN). Peak6 Ltd Partnership holds 0.08% or 81,475 shares.

Among 28 analysts covering Illumina Inc (NASDAQ:ILMN), 19 have Buy rating, 1 Sell and 8 Hold. Therefore 68% are positive. Illumina Inc had 95 analyst reports since July 22, 2015 according to SRatingsIntel. The firm has “Market Perform” rating given on Thursday, October 1 by Leerink Swann. The firm earned “Buy” rating on Wednesday, August 26 by Cantor Fitzgerald. The stock of Illumina, Inc. (NASDAQ:ILMN) earned “Buy” rating by Argus Research on Wednesday, September 13. The firm has “Overweight” rating given on Wednesday, October 21 by Piper Jaffray. UBS maintained the stock with “Buy” rating in Wednesday, February 1 report. The rating was upgraded by Citigroup on Wednesday, August 26 to “Focus List”. On Monday, January 22 the stock rating was maintained by Cowen & Co with “Buy”. As per Tuesday, October 11, the company rating was downgraded by CItigroup. The stock has “Underweight” rating by First Analysis on Wednesday, November 2. The stock of Illumina, Inc. (NASDAQ:ILMN) earned “Buy” rating by Bank of America on Wednesday, October 25.

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