Miller Howard Investments Has Trimmed Its Tallgrass Energy Partners LP C (TEP) Position; Microsoft (MSFT)’s Sentiment Is 0.77

April 24, 2018 - By Winifred Garcia

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Microsoft Corp (MSFT) investors sentiment decreased to 0.77 in Q4 2017. It’s down -0.06, from 0.83 in 2017Q3. The ratio fall, as 810 investment professionals increased or started new equity positions, while 1051 trimmed and sold equity positions in Microsoft Corp. The investment professionals in our database reported: 5.46 billion shares, down from 5.51 billion shares in 2017Q3. Also, the number of investment professionals holding Microsoft Corp in top ten equity positions increased from 788 to 846 for an increase of 58. Sold All: 39 Reduced: 1012 Increased: 676 New Position: 134.

Miller Howard Investments Inc decreased Tallgrass Energy Partners Lp C (TEP) stake by 13.85% reported in 2017Q4 SEC filing. Miller Howard Investments Inc sold 111,968 shares as Tallgrass Energy Partners Lp C (TEP)’s stock declined 17.49%. The Miller Howard Investments Inc holds 696,252 shares with $31.92 million value, down from 808,220 last quarter. Tallgrass Energy Partners Lp C now has $3.34 billion valuation. The stock increased 0.65% or $0.29 during the last trading session, reaching $45.12. About 255,127 shares traded. Tallgrass Energy Partners, LP (NYSE:TEP) has declined 27.73% since April 24, 2017 and is downtrending. It has underperformed by 39.28% the S&P500.

Microsoft Corporation develops, licenses, and supports software products, services, and devices worldwide. The company has market cap of $734.18 billion. The companyÂ’s Productivity and Business Processes segment offers Office 365 commercial services and products for businesses, including Office, Exchange, SharePoint, Skype for Business, and related Client Access Licenses ; Office 365 consumer services, such as Skype, Outlook.com, and OneDrive; Dynamics business solutions, such as financial management, enterprise resource planning, customer relationship management, supply chain management, and analytics applications for small and mid-size businesses, large organizations, and divisions of enterprises; and LinkedIn online professional network. It has a 77.52 P/E ratio. The Company’s Intelligent Cloud segment licenses server products and cloud services, such as Microsoft SQL Server, Windows Server, Visual Studio, System Center, and related CALs, as well as Azure, a cloud platform with computing, networking, storage, database, and management services; and enterprise services, such as Premier Support and Microsoft Consulting that assist in developing, deploying, and managing Microsoft server and desktop solutions, as well as provide training and certification to developers and IT professionals on Microsoft products.

The stock increased 0.37% or $0.35 during the last trading session, reaching $95.35. About 19.23 million shares traded. Microsoft Corporation (MSFT) has risen 37.43% since April 24, 2017 and is uptrending. It has outperformed by 25.88% the S&P500.

Rwwm Inc. holds 21.91% of its portfolio in Microsoft Corporation for 772,642 shares. Investmentaktiengesellschaft Fuer Langfristige Investoren Tgv owns 1.61 million shares or 20.49% of their US portfolio. Moreover, Srb Corp has 19.28% invested in the company for 1.75 million shares. The Washington-based Icm Asset Management Inc Wa has invested 19.05% in the stock. Glaxis Capital Management Llc, a Florida-based fund reported 136,360 shares.

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 28.04 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.

Ratings analysis reveals 73% of Microsoft’s analysts are positive. Out of 11 Wall Street analysts rating Microsoft, 8 give it “Buy”, 0 “Sell” rating, while 3 recommend “Hold”. The lowest target is $65.0 while the high is $80.0. The stock’s average target of $69.33 is -27.29% below today’s ($95.35) share price. MSFT was included in 11 notes of analysts from October 21, 2016. The rating was initiated by Piper Jaffray with “Overweight” on Thursday, December 22. The company was upgraded on Thursday, November 10 by Atlantic Securities. The firm has “Buy” rating given on Friday, October 21 by UBS. The company was maintained on Friday, October 21 by BMO Capital Markets. On Friday, January 27 the stock rating was upgraded by Citigroup to “Neutral”. The firm has “Hold” rating given on Friday, January 27 by Canaccord Genuity. Wunderlich upgraded the shares of MSFT in report on Friday, October 21 to “Buy” rating. The stock of Microsoft Corporation (NASDAQ:MSFT) earned “Outperform” rating by Wells Fargo on Wednesday, January 11. The firm has “Buy” rating by Goldman Sachs given on Thursday, November 17. As per Friday, January 27, the company rating was maintained by RBC Capital Markets.

Since January 1, 0001, it had 0 insider purchases, and 3 selling transactions for $930,912 activity.

Miller Howard Investments Inc increased Total S A Sponsored Adr (NYSE:TOT) stake by 1.05 million shares to 1.07 million valued at $59.18M in 2017Q4. It also upped Black Hills Corp Com (NYSE:BKH) stake by 15,776 shares and now owns 37,951 shares. Anadarko Pete Corp Com (NYSE:APC) was raised too.

Among 11 analysts covering Tallgrass Energy Partners LP (NYSE:TEP), 6 have Buy rating, 0 Sell and 5 Hold. Therefore 55% are positive. Tallgrass Energy Partners LP has $6900 highest and $36 lowest target. $49.64’s average target is 10.02% above currents $45.12 stock price. Tallgrass Energy Partners LP had 54 analyst reports since August 4, 2015 according to SRatingsIntel. The stock has “Equal-Weight” rating by Barclays Capital on Friday, August 4. The firm has “Hold” rating by Stifel Nicolaus given on Thursday, January 28. The stock of Tallgrass Energy Partners, LP (NYSE:TEP) earned “Buy” rating by RBC Capital Markets on Monday, April 24. On Wednesday, March 28 the stock rating was maintained by Morgan Stanley with “Equal-Weight”. The firm has “Buy” rating given on Thursday, July 13 by Stifel Nicolaus. The stock of Tallgrass Energy Partners, LP (NYSE:TEP) earned “Buy” rating by Robert W. Baird on Tuesday, September 26. Barclays Capital maintained the shares of TEP in report on Thursday, February 18 with “Equal-Weight” rating. Stifel Nicolaus maintained Tallgrass Energy Partners, LP (NYSE:TEP) on Tuesday, January 5 with “Buy” rating. RBC Capital Markets maintained the shares of TEP in report on Friday, November 3 with “Buy” rating. RBC Capital Markets maintained the shares of TEP in report on Friday, April 29 with “Outperform” rating.

Analysts await Tallgrass Energy Partners, LP (NYSE:TEP) to report earnings on May, 2. They expect $0.60 EPS, up 9.09% or $0.05 from last year’s $0.55 per share. TEP’s profit will be $44.41M for 18.80 P/E if the $0.60 EPS becomes a reality. After $0.67 actual EPS reported by Tallgrass Energy Partners, LP for the previous quarter, Wall Street now forecasts -10.45% negative EPS growth.

Investors sentiment decreased to 1.11 in 2017 Q4. Its down 0.10, from 1.21 in 2017Q3. It turned negative, as 16 investors sold TEP shares while 41 reduced holdings. 19 funds opened positions while 44 raised stakes. 42.76 million shares or 1.73% less from 43.51 million shares in 2017Q3 were reported. Tower Rech Cap Limited Liability Corp (Trc) accumulated 100 shares. 808 were accumulated by Envestnet Asset Inc. Income Prtn Limited Liability has invested 0.28% in Tallgrass Energy Partners, LP (NYSE:TEP). Citigroup holds 38,545 shares or 0% of its portfolio. Tocqueville Asset Mngmt L P, New York-based fund reported 9,630 shares. Heronetta Mngmt Limited Partnership has invested 2.7% in Tallgrass Energy Partners, LP (NYSE:TEP). State Street Corp holds 0% of its portfolio in Tallgrass Energy Partners, LP (NYSE:TEP) for 5,750 shares. Country Club Communications Na holds 5,737 shares. Whalerock Point Partners Limited Co has invested 0.07% in Tallgrass Energy Partners, LP (NYSE:TEP). Stephens Inc Ar owns 18,151 shares. 956 were accumulated by Botty Ltd Company. Cushing Asset Ltd Partnership holds 0.76% or 550,000 shares. 128,495 are held by First Trust Advsr Lp. State Of New Jersey Common Pension Fund D invested in 113,200 shares or 0.02% of the stock. Advisory Rech Inc has invested 1.4% in Tallgrass Energy Partners, LP (NYSE:TEP).

Microsoft Corporation (NASDAQ:MSFT) Institutional Positions Chart

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