Weatherford Intl Plc (Call) (WFT) Valuation Declined While Two Creeks Capital Management LP Trimmed Its Stake; Microsoft (MSFT) Shareholder Gillespie Robinson & Grimm Raised Its Holding by $359,720

April 20, 2018 - By Linda Rogers

Weatherford International plc (NYSE:WFT) Logo

Gillespie Robinson & Grimm Inc increased its stake in Microsoft Corp (MSFT) by 52.4% based on its latest 2017Q4 regulatory filing with the SEC. Gillespie Robinson & Grimm Inc bought 4,232 shares as the company’s stock rose 4.63% while stock markets declined. The institutional investor held 12,309 shares of the prepackaged software company at the end of 2017Q4, valued at $1.05M, up from 8,077 at the end of the previous reported quarter. Gillespie Robinson & Grimm Inc who had been investing in Microsoft Corp for a number of months, seems to be bullish on the $740.03 billion market cap company. The stock decreased 0.34% or $0.33 during the last trading session, reaching $96.11. About 20.31 million shares traded. Microsoft Corporation (NASDAQ:MSFT) has risen 37.43% since April 20, 2017 and is uptrending. It has outperformed by 25.88% the S&P500.

John Overdeck decreased its stake in Weatherford Intl Plc (Call) (WFT) by 21.71% based on its latest 2017Q4 regulatory filing with the SEC. Two Creeks Capital Management Lp sold 1.56 million shares as the company’s stock declined 40.15% with the market. The hedge fund run by John Overdeck held 5.64 million shares of the metal fabrications company at the end of 2017Q4, valued at $23.52M, down from 7.20 million at the end of the previous reported quarter. Two Creeks Capital Management Lp who had been investing in Weatherford Intl Plc (Call) for a number of months, seems to be less bullish one the $2.61B market cap company. The stock decreased 1.50% or $0.04 during the last trading session, reaching $2.63. About 8.46M shares traded. Weatherford International plc (NYSE:WFT) has declined 63.21% since April 20, 2017 and is downtrending. It has underperformed by 74.76% the S&P500.

Investors sentiment decreased to 0.77 in 2017 Q4. Its down 0.06, from 0.83 in 2017Q3. It is negative, as 39 investors sold MSFT shares while 1012 reduced holdings. 134 funds opened positions while 676 raised stakes. 5.46 billion shares or 0.90% less from 5.51 billion shares in 2017Q3 were reported. Arrowmark Colorado Hldgs Limited Liability Company invested in 0.27% or 316,560 shares. Moreover, Great West Life Assurance Can has 1.65% invested in Microsoft Corporation (NASDAQ:MSFT) for 8.21 million shares. Liberty Cap Inc has 28,383 shares for 1.35% of their portfolio. 25,753 are owned by Plante Moran Fincl Advsrs Ltd Liability. Moreover, Axa has 1.25% invested in Microsoft Corporation (NASDAQ:MSFT) for 3.71M shares. Fishman Jay A Ltd Mi reported 5,799 shares or 0.09% of all its holdings. The Massachusetts-based Fiduciary Trust Company has invested 2.43% in Microsoft Corporation (NASDAQ:MSFT). Roffman Miller Assocs Pa holds 4.1% of its portfolio in Microsoft Corporation (NASDAQ:MSFT) for 388,699 shares. The Pennsylvania-based Smithbridge Asset Mngmt De has invested 3.49% in Microsoft Corporation (NASDAQ:MSFT). Cohen Capital Mgmt Inc owns 1.55% invested in Microsoft Corporation (NASDAQ:MSFT) for 77,823 shares. New York-based Tiedemann Wealth has invested 0.2% in Microsoft Corporation (NASDAQ:MSFT). Moreover, Segall Bryant Hamill Limited Liability Company has 0.4% invested in Microsoft Corporation (NASDAQ:MSFT) for 212,659 shares. Haverford Trust Com holds 1.70M shares. 625,728 are held by Vaughan David Il. Caxton Assocs Limited Partnership holds 0.23% or 55,000 shares in its portfolio.

Gillespie Robinson & Grimm Inc, which manages about $954.83M and $791.51M US Long portfolio, decreased its stake in Allergan Plc by 59,094 shares to 50,797 shares, valued at $8.31M in 2017Q4, according to the filing. It also reduced its holding in Alphabet Inc Class A by 1,011 shares in the quarter, leaving it with 14,004 shares, and cut its stake in Mettler (NYSE:MTD).

Among 37 analysts covering Microsoft Corporation (NASDAQ:MSFT), 29 have Buy rating, 2 Sell and 6 Hold. Therefore 78% are positive. Microsoft Corporation had 172 analyst reports since July 22, 2015 according to SRatingsIntel. The stock of Microsoft Corporation (NASDAQ:MSFT) earned “Buy” rating by Argus Research on Tuesday, February 6. The firm has “Buy” rating given on Friday, July 21 by Deutsche Bank. The stock of Microsoft Corporation (NASDAQ:MSFT) earned “Buy” rating by Bank of America on Monday, July 17. The stock has “Buy” rating by BMO Capital Markets on Thursday, July 13. The firm earned “Overweight” rating on Wednesday, January 13 by Morgan Stanley. As per Friday, January 8, the company rating was initiated by BMO Capital Markets. The stock of Microsoft Corporation (NASDAQ:MSFT) earned “Buy” rating by BMO Capital Markets on Thursday, January 25. The stock has “Overweight” rating by Global Equities Research on Friday, August 28. The stock of Microsoft Corporation (NASDAQ:MSFT) has “Overweight” rating given on Thursday, January 25 by Barclays Capital. Cowen & Co maintained the shares of MSFT in report on Friday, April 1 with “Market Perform” rating.

Since February 16, 2018, it had 0 insider purchases, and 3 insider sales for $930,912 activity.

Among 35 analysts covering Weatherford International Ltd. (NYSE:WFT), 26 have Buy rating, 0 Sell and 9 Hold. Therefore 74% are positive. Weatherford International Ltd. had 118 analyst reports since July 24, 2015 according to SRatingsIntel. The stock of Weatherford International plc (NYSE:WFT) earned “Buy” rating by Seaport Global on Friday, May 6. RBC Capital Markets maintained it with “Buy” rating and $800 target in Friday, June 23 report. The rating was upgraded by Barclays Capital to “Equal Weight” on Monday, July 27. The firm has “Buy” rating by RBC Capital Markets given on Friday, September 1. The rating was maintained by Credit Suisse on Friday, September 4 with “Outperform”. The rating was downgraded by Goldman Sachs on Thursday, April 13 to “Neutral”. The rating was upgraded by Capital One to “Overweight” on Tuesday, March 7. Cowen & Co maintained the shares of WFT in report on Friday, February 5 with “Outperform” rating. The stock of Weatherford International plc (NYSE:WFT) has “Buy” rating given on Friday, February 19 by DA Davidson. Jefferies maintained Weatherford International plc (NYSE:WFT) rating on Tuesday, June 6. Jefferies has “Hold” rating and $600 target.

Two Creeks Capital Management Lp, which manages about $2.12B and $1.87 billion US Long portfolio, upped its stake in Lowes Cos Inc (Call) (NYSE:LOW) by 261,800 shares to 511,800 shares, valued at $47.57 million in 2017Q4, according to the filing. It also increased its holding in Starbucks Corp (NASDAQ:SBUX) by 833,605 shares in the quarter, for a total of 1.89M shares, and has risen its stake in Visa Inc (Call) (NYSE:V).

Investors sentiment decreased to 0.79 in 2017 Q4. Its down 0.16, from 0.95 in 2017Q3. It dived, as 66 investors sold WFT shares while 97 reduced holdings. 51 funds opened positions while 77 raised stakes. 1.08 billion shares or 2.62% less from 1.10 billion shares in 2017Q3 were reported. Carroll Fin Assoc Inc, North Carolina-based fund reported 2,640 shares. Berkshire Asset Mgmt Ltd Liability Corporation Pa owns 0.01% invested in Weatherford International plc (NYSE:WFT) for 35,097 shares. Violich Cap Inc owns 26,000 shares. Baldwin Brothers Ma has 0% invested in Weatherford International plc (NYSE:WFT). Millennium Mngmt Limited Liability has 26.90M shares for 0.15% of their portfolio. Factory Mutual has invested 0.15% in Weatherford International plc (NYSE:WFT). Qcm Cayman Ltd invested in 0.93% or 53,634 shares. Advisory Ser Ltd Liability Corporation owns 6,263 shares for 0% of their portfolio. Zurcher Kantonalbank (Zurich Cantonalbank) holds 127,348 shares or 0% of its portfolio. State Of Tennessee Treasury Department reported 0.01% stake. Spears Abacus Limited Co has invested 0.01% of its portfolio in Weatherford International plc (NYSE:WFT). Channing Mngmt Limited Liability Corp invested 0.15% in Weatherford International plc (NYSE:WFT). Bessemer Grp Inc accumulated 339,901 shares. Parametric Portfolio Ltd Com invested in 0% or 552,170 shares. Tph Asset Mngmt Limited Liability owns 9.40M shares.

Microsoft Corporation (NASDAQ:MSFT) Institutional Positions Chart

- Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Posts

>