As Netflix (NFLX) Stock Price Rose, Hillhouse Capital Management LTD Boosted by $41.82 Million Its Stake; Trust Company Of Virginia Cut Its Microsoft (MSFT) Holding by $462,098

June 17, 2018 - By Adrian Erickson

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Trust Company Of Virginia decreased its stake in Microsoft Corp (MSFT) by 2.41% based on its latest 2018Q1 regulatory filing with the SEC. Trust Company Of Virginia sold 5,078 shares as the company’s stock rose 3.08% while stock markets declined. The institutional investor held 205,737 shares of the prepackaged software company at the end of 2018Q1, valued at $18.78 million, down from 210,815 at the end of the previous reported quarter. Trust Company Of Virginia who had been investing in Microsoft Corp for a number of months, seems to be less bullish one the $769.32 billion market cap company. The stock decreased 1.27% or $1.29 during the last trading session, reaching $100.13. About 37.25M shares traded or 26.19% up from the average. Microsoft Corporation (NASDAQ:MSFT) has risen 41.28% since June 17, 2017 and is uptrending. It has outperformed by 28.71% the S&P500. Some Historical MSFT News: 25/04/2018 – Mississippi Power announces quarterly dividend; 17/04/2018 – Supreme Court Drops Microsoft Data-Storage Case After Congressional Legislation; 10/04/2018 – Aviat Networks Introduces All-Outdoor Long Haul Solution; 17/04/2018 – Merck Announces First Phase Three Studies for PCV-15 (V114) Its Investigational Pneumococcal Disease Vaccine; 16/05/2018 – Vancouver Sun: Microsoft planning low-cost Surface tablet line to take on iPad; 05/04/2018 – The move is expected to reduce concerns of tech giants like Microsoft using knowledge of their customers’ market to compete with them; 29/05/2018 – Microsoft is now more valuable than Alphabet – by about $10 billion (corrected); 06/03/2018 – A lost World War II aircraft carrier has been found by one of Microsoft’s co-founders; 19/03/2018 – The Register: Breaking up is hard to do: More drama with #Airbus, new bae Google and Microsoft. Apparently Redmond still has a; 26/03/2018 – AllCloud Earns AWS Managed Service Provider Partner Validation

Lei Zhang increased its stake in Netflix Inc (NFLX) by 115.53% based on its latest 2018Q1 regulatory filing with the SEC. Hillhouse Capital Management Ltd bought 141,750 shares as the company’s stock rose 19.42% while stock markets declined. The hedge fund run by Lei Zhang held 264,450 shares of the consumer services company at the end of 2018Q1, valued at $78.11M, up from 122,700 at the end of the previous reported quarter. Hillhouse Capital Management Ltd who had been investing in Netflix Inc for a number of months, seems to be bullish on the $170.39 billion market cap company. The stock decreased 0.23% or $0.89 during the last trading session, reaching $391.98. About 12.57M shares traded or 31.08% up from the average. Netflix, Inc. (NASDAQ:NFLX) has risen 115.45% since June 17, 2017 and is uptrending. It has outperformed by 102.88% the S&P500. Some Historical NFLX News: 30/03/2018 – KEYE TV: Netflix hiring for role to binge watch its original content; 10/05/2018 – ♫ Reuters Insider – U.S. ‘net neutrality’ rules to end; 04/05/2018 – Hollywood Reporter: Exclusive: Michelle Monaghan to Star in Netflix Drama ‘Messiah’; 19/04/2018 – MONDO TV SPA MTV.Ml SAYS JOINS THE PRODUCTION CONSORTIUM OF PIANO NO MORI, A NEW SERIES WHICH WILL BE STREAMED BY NETFLIX WORLDWIDE; 29/03/2018 – Technology is set to finish the first few months of the year ahead of its peers, with Netflix emerging as the third-best performer in the S&P 500; 13/04/2018 – Comcast and Netflix Expand Partnership Following Successful Xfinity X1 Integration; 15/05/2018 – Matrix Adds Veeva, Exits Amazon, Cuts Netflix: 13F; 29/03/2018 – Mike George Envisions Qurate Retail as the Netflix of Commerce; 17/04/2018 – Wild, wild Netflix This is […]; 16/03/2018 – The Defiant Ones, Netflix – the story of one of music’s most unlikely partnerships

Among 37 analysts covering Microsoft Corporation (NASDAQ:MSFT), 31 have Buy rating, 1 Sell and 5 Hold. Therefore 84% are positive. Microsoft Corporation had 196 analyst reports since July 22, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Wednesday, July 22 by Wunderlich. The stock of Microsoft Corporation (NASDAQ:MSFT) has “Buy” rating given on Friday, October 27 by Canaccord Genuity. The stock of Microsoft Corporation (NASDAQ:MSFT) earned “Buy” rating by Oppenheimer on Friday, July 21. The stock of Microsoft Corporation (NASDAQ:MSFT) has “Buy” rating given on Wednesday, June 6 by Argus Research. As per Friday, December 8, the company rating was maintained by Evercore. The stock of Microsoft Corporation (NASDAQ:MSFT) has “Buy” rating given on Wednesday, July 20 by Stifel Nicolaus. The company was maintained on Monday, May 29 by RBC Capital Markets. The firm earned “Buy” rating on Thursday, February 1 by Bank of America. The stock has “Outperform” rating by Oppenheimer on Thursday, March 17. The stock of Microsoft Corporation (NASDAQ:MSFT) earned “Buy” rating by Piper Jaffray on Monday, October 2.

Investors sentiment decreased to 0.74 in Q1 2018. Its down 0.03, from 0.77 in 2017Q4. It dropped, as 49 investors sold MSFT shares while 1035 reduced holdings. 142 funds opened positions while 665 raised stakes. 5.38 billion shares or 1.45% less from 5.46 billion shares in 2017Q4 were reported. Discovery Mngmt Ltd Liability Corp Ct owns 165,000 shares or 0.53% of their US portfolio. Raymond James Financial Serv Advisors invested in 1.56% or 2.97 million shares. Swift Run Capital Mngmt Ltd Liability owns 15,866 shares. 77,823 were reported by Cohen Capital Mngmt Inc. Credit Suisse Ag reported 14.28M shares or 1.22% of all its holdings. Johnson Fincl Gru Incorporated, a Wisconsin-based fund reported 102,598 shares. Fiduciary holds 961,903 shares or 2.71% of its portfolio. Vaughan Nelson Mgmt Limited Partnership has 1.38% invested in Microsoft Corporation (NASDAQ:MSFT). Hrt Financial Limited Liability Company holds 0.47% or 10,870 shares. Mitsubishi Ufj Holdings holds 1,870 shares or 0.66% of its portfolio. Missouri-based Umb Retail Bank N A Mo has invested 1.55% in Microsoft Corporation (NASDAQ:MSFT). Madrona Financial Service Ltd Com has invested 1.23% in Microsoft Corporation (NASDAQ:MSFT). Osterweis Cap Mngmt owns 2.77% invested in Microsoft Corporation (NASDAQ:MSFT) for 427,300 shares. Ironsides Asset Limited Liability Company owns 7,525 shares. White Pine Inv accumulated 3.51% or 78,611 shares.

Analysts await Microsoft Corporation (NASDAQ:MSFT) to report earnings on July, 19. They expect $1.08 EPS, up 10.20% or $0.10 from last year’s $0.98 per share. MSFT’s profit will be $8.30B for 23.18 P/E if the $1.08 EPS becomes a reality. After $0.95 actual EPS reported by Microsoft Corporation for the previous quarter, Wall Street now forecasts 13.68% EPS growth.

Trust Company Of Virginia, which manages about $697.20 million US Long portfolio, upped its stake in Brown Forman Corp (NYSE:BF.B) by 30,623 shares to 115,873 shares, valued at $6.30M in 2018Q1, according to the filing. It also increased its holding in Visa Inc (NYSE:V) by 2,656 shares in the quarter, for a total of 89,869 shares, and has risen its stake in Vanguard Bd Index Fd Inc (BIV).

More notable recent Microsoft Corporation (NASDAQ:MSFT) news were published by: Seekingalpha.com which released: “Can Cloud-Based Growth Sustain Microsoft Going Forward?” on June 04, 2018, also Seekingalpha.com with their article: “Microsoft takes aim at Amazon Go” published on June 14, 2018, Seekingalpha.com published: “Microsoft And GitHub: Why Pay With Stock?” on June 07, 2018. More interesting news about Microsoft Corporation (NASDAQ:MSFT) were released by: Nasdaq.com and their article: “Leaked Microsoft Document Points to Dual-Screen Mobile Device” published on June 13, 2018 as well as Nasdaq.com‘s news article titled: “Microsoft (MSFT) Puts Rumors to Rest by Confirming GitHub Buyout” with publication date: June 14, 2018.

Since February 16, 2018, it had 1 buying transaction, and 4 insider sales for $1.39 million activity. Another trade for 5,400 shares valued at $550,606 was made by PETERSON SANDRA E on Tuesday, June 5.

Since December 18, 2017, it had 0 insider purchases, and 49 sales for $196.45 million activity. $361,880 worth of Netflix, Inc. (NASDAQ:NFLX) was sold by WELLS DAVID B. $225,295 worth of Netflix, Inc. (NASDAQ:NFLX) was sold by BARTON RICHARD N on Thursday, March 8. KILGORE LESLIE J sold $655,652 worth of Netflix, Inc. (NASDAQ:NFLX) on Thursday, May 24. HASTINGS REED sold $17.00M worth of stock or 75,369 shares. Peters Gregory K also sold $3.13M worth of Netflix, Inc. (NASDAQ:NFLX) shares. SARANDOS THEODORE A had sold 163,747 shares worth $43.05 million.

Hillhouse Capital Management Ltd, which manages about $11.07B and $5.67 billion US Long portfolio, decreased its stake in Melco Resort Entertainment L (NASDAQ:MPEL) by 600,232 shares to 8.33 million shares, valued at $241.30 million in 2018Q1, according to the filing. It also reduced its holding in Schwab Charles Corp New (NYSE:SCHW) by 67,956 shares in the quarter, leaving it with 271,826 shares, and cut its stake in Verisign Inc (NASDAQ:VRSN).

Among 58 analysts covering Netflix (NASDAQ:NFLX), 39 have Buy rating, 2 Sell and 17 Hold. Therefore 67% are positive. Netflix had 263 analyst reports since August 4, 2015 according to SRatingsIntel. The firm has “Hold” rating by Jefferies given on Monday, July 17. Wedbush maintained the shares of NFLX in report on Tuesday, July 19 with “Underperform” rating. The stock has “Neutral” rating by Citigroup on Friday, October 13. The stock has “Buy” rating by Loop Capital on Wednesday, October 5. The stock of Netflix, Inc. (NASDAQ:NFLX) has “Neutral” rating given on Tuesday, October 17 by Credit Suisse. As per Tuesday, October 18, the company rating was maintained by Nomura. Wedbush maintained the stock with “Underperform” rating in Tuesday, October 18 report. The company was maintained on Friday, August 28 by Wunderlich. On Monday, April 16 the stock rating was maintained by Jefferies with “Hold”. FBR Capital downgraded the stock to “Mkt Perform” rating in Friday, February 12 report.

More notable recent Netflix, Inc. (NASDAQ:NFLX) news were published by: Fool.com which released: “Netflix’s First Comic Book Is Poised to Break a 20-Year-Old Record” on June 14, 2018, also Seekingalpha.com with their article: “Netflix Has A New Competitor – YouTube” published on June 07, 2018, Streetinsider.com published: “Netflix, Inc. (NFLX) is Said to Add Video Games to Its Service – Techradar” on June 13, 2018. More interesting news about Netflix, Inc. (NASDAQ:NFLX) were released by: Benzinga.com and their article: “Goldman Sachs Raises Netflix Price Target To $490, Projects Positive Cash Flow By 2022” published on June 13, 2018 as well as Seekingalpha.com‘s news article titled: “Citron Expects Netflix To Dip Back To The $340” with publication date: June 15, 2018.

Investors sentiment decreased to 1.23 in Q1 2018. Its down 0.08, from 1.31 in 2017Q4. It fall, as 47 investors sold NFLX shares while 310 reduced holdings. 156 funds opened positions while 283 raised stakes. 329.43 million shares or 4.36% less from 344.43 million shares in 2017Q4 were reported. 1,810 were accumulated by Greenwich Wealth Mngmt Lc. Checchi Cap Advisers Ltd Liability Corp holds 3,752 shares or 0.15% of its portfolio. Alphamark Advsr Ltd Liability Corp has invested 0% in Netflix, Inc. (NASDAQ:NFLX). 140,305 were reported by Lpl Ltd Limited Liability Company. Davenport Com accumulated 2,196 shares. Churchill Management reported 87,146 shares. Toth Finance Advisory holds 0.02% or 231 shares. Hbk Sorce Advisory Ltd Liability Corp reported 9,281 shares. Waddell Reed stated it has 0.46% of its portfolio in Netflix, Inc. (NASDAQ:NFLX). Mogy Joel R Invest Counsel accumulated 0.46% or 10,101 shares. Rnc Capital Mgmt Limited Liability Com reported 700 shares or 0.02% of all its holdings. Hwg Ltd Partnership reported 2.62% stake. Sunbelt invested in 1,138 shares. Fukoku Mutual Life Ins reported 1,950 shares. Sei Investments owns 197,996 shares for 0.22% of their portfolio.

Netflix, Inc. (NASDAQ:NFLX) Institutional Positions Chart

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