Armstrong Henry H Associates Has Decreased Its Position in Microsoft (MSFT) as Shares Rose; Jolley Asset Management Decreased Its General Electric Company (GE) Position by $402,509

April 24, 2018 - By Winifred Garcia

General Electric Company (NYSE:GE) Logo

Jolley Asset Management Llc decreased its stake in General Electric Company (GE) by 16.24% based on its latest 2017Q4 regulatory filing with the SEC. Jolley Asset Management Llc sold 23,677 shares as the company’s stock declined 23.20% with the market. The institutional investor held 122,103 shares of the consumer electronics and appliances company at the end of 2017Q4, valued at $2.13M, down from 145,780 at the end of the previous reported quarter. Jolley Asset Management Llc who had been investing in General Electric Company for a number of months, seems to be less bullish one the $127.95B market cap company. The stock increased 1.48% or $0.215 during the last trading session, reaching $14.735. About 20.99 million shares traded. General Electric Company (NYSE:GE) has declined 54.35% since April 24, 2017 and is downtrending. It has underperformed by 65.90% the S&P500.

Armstrong Henry H Associates Inc decreased its stake in Microsoft (MSFT) by 1.6% based on its latest 2017Q4 regulatory filing with the SEC. Armstrong Henry H Associates Inc sold 17,352 shares as the company’s stock rose 4.63% while stock markets declined. The institutional investor held 1.07 million shares of the prepackaged software company at the end of 2017Q4, valued at $91.50M, down from 1.09 million at the end of the previous reported quarter. Armstrong Henry H Associates Inc who had been investing in Microsoft for a number of months, seems to be less bullish one the $730.71B market cap company. The stock decreased 0.47% or $0.45 during the last trading session, reaching $94.9. About 9.23M shares traded. Microsoft Corporation (NASDAQ:MSFT) has risen 37.43% since April 24, 2017 and is uptrending. It has outperformed by 25.88% the S&P500.

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

Analysts await Microsoft Corporation (NASDAQ:MSFT) to report earnings on April, 26 after the close. They expect $0.85 earnings per share, up 16.44% or $0.12 from last year’s $0.73 per share. MSFT’s profit will be $6.54 billion for 27.91 P/E if the $0.85 EPS becomes a reality. After $0.96 actual earnings per share reported by Microsoft Corporation for the previous quarter, Wall Street now forecasts -11.46% negative EPS growth.

Investors sentiment decreased to 0.77 in 2017 Q4. Its down 0.06, from 0.83 in 2017Q3. It dropped, 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. 1St Source Natl Bank reported 1.12% in Microsoft Corporation (NASDAQ:MSFT). Bremer Tru Association reported 23,830 shares. Iron owns 0.58% invested in Microsoft Corporation (NASDAQ:MSFT) for 9,697 shares. Longer Investments holds 2.13% of its portfolio in Microsoft Corporation (NASDAQ:MSFT) for 29,830 shares. 75,000 were reported by Jabre Cap Partners Sa. 7,437 are held by Gemmer Asset Limited Co. Opus Invest Mngmt owns 5,000 shares. Oarsman Incorporated reported 44,975 shares stake. 73,643 are owned by Gfs Lc. Investment Advsr Ltd Company holds 97,870 shares or 0.55% of its portfolio. Global reported 84.36 million shares. Blue Financial reported 3.06% in Microsoft Corporation (NASDAQ:MSFT). Locust Wood Advisers Lc has invested 4.55% of its portfolio in Microsoft Corporation (NASDAQ:MSFT). Gator Cap Mgmt Ltd Liability stated it has 12,000 shares or 0.98% of all its holdings. Insight 2811, a Michigan-based fund reported 3,569 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 173 analyst reports since July 22, 2015 according to SRatingsIntel. Bank of America maintained Microsoft Corporation (NASDAQ:MSFT) rating on Thursday, February 1. Bank of America has “Buy” rating and $106 target. The firm has “Buy” rating given on Thursday, February 1 by Stifel Nicolaus. The firm has “Hold” rating by Canaccord Genuity given on Monday, May 16. The company was maintained on Wednesday, January 31 by BMO Capital Markets. The firm earned “Sell” rating on Tuesday, August 22 by Jefferies. UBS maintained Microsoft Corporation (NASDAQ:MSFT) on Friday, October 21 with “Buy” rating. Jefferies maintained the stock with “Sell” rating in Thursday, February 1 report. Piper Jaffray maintained the stock with “Overweight” rating in Tuesday, November 10 report. The firm has “Sell” rating by Jefferies given on Thursday, October 26. The rating was maintained by Bernstein on Thursday, February 1 with “Buy”.

Among 28 analysts covering General Electric Company (NYSE:GE), 8 have Buy rating, 6 Sell and 14 Hold. Therefore 29% are positive. General Electric Company had 100 analyst reports since July 21, 2015 according to SRatingsIntel. The firm earned “Perform” rating on Monday, September 21 by Oppenheimer. The rating was upgraded by Vetr to “Buy” on Wednesday, August 26. RBC Capital Markets maintained it with “Outperform” rating and $33 target in Monday, January 25 report. BMO Capital Markets maintained the shares of GE in report on Thursday, March 23 with “Hold” rating. Oppenheimer downgraded the shares of GE in report on Tuesday, October 24 to “Underperform” rating. The rating was downgraded by TheStreet to “Buy” on Wednesday, August 26. The rating was maintained by RBC Capital Markets on Friday, September 15 with “Buy”. The firm has “Neutral” rating by UBS given on Monday, October 23. The firm earned “Buy” rating on Wednesday, October 14 by Stifel Nicolaus. TheStreet upgraded the shares of GE in report on Tuesday, July 21 to “Buy” rating.

Since January 26, 2018, it had 1 buying transaction, and 0 selling transactions for $43,446 activity.

Investors sentiment decreased to 0.5 in 2017 Q4. Its down 0.19, from 0.69 in 2017Q3. It turned negative, as 153 investors sold GE shares while 921 reduced holdings. 151 funds opened positions while 383 raised stakes. 4.69 billion shares or 0.29% less from 4.70 billion shares in 2017Q3 were reported. Oarsman Cap Inc invested in 1.5% or 199,056 shares. Parsec Fincl Management Inc holds 756,553 shares or 0.9% of its portfolio. Cornercap Investment Counsel owns 10,491 shares. Victory Mngmt has 588,182 shares. Hayek Kallen Investment Mngmt holds 118,158 shares or 1.35% of its portfolio. Wellington Mngmt Gp Ltd Liability Partnership invested 0.19% of its portfolio in General Electric Company (NYSE:GE). Koshinski Asset Management Inc holds 70,963 shares or 0.31% of its portfolio. Icon Advisers Incorporated Comm holds 0.05% or 43,900 shares. Washington Mngmt holds 1.4% or 80,265 shares in its portfolio. Wellington Shields And Lc holds 1.1% of its portfolio in General Electric Company (NYSE:GE) for 117,698 shares. Moreover, Troy Asset Management has 0% invested in General Electric Company (NYSE:GE). Ibm Retirement Fund, a New York-based fund reported 229,066 shares. Halsey Associates Ct has invested 0.63% in General Electric Company (NYSE:GE). Mountain Pacific Investment Advisers Inc Id has invested 0.11% in General Electric Company (NYSE:GE). Abner Herrman And Brock Ltd Liability Corporation holds 0.06% or 21,149 shares.

Microsoft Corporation (NASDAQ:MSFT) Institutional Positions Chart

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