Bar Harbor Trust Services Has Trimmed Its Position in Microsoft (MSFT) by $359,936 as Shares Rose; Westwood Global Investments Boosted Stake in Bhp Billiton Limited (BHP)

January 14, 2018 - By Ruchi Gupta

Bar Harbor Trust Services decreased its stake in Microsoft Corp (MSFT) by 2.95% based on its latest 2017Q3 regulatory filing with the SEC. Bar Harbor Trust Services sold 4,864 shares as the company’s stock rose 4.75% with the market. The institutional investor held 159,739 shares of the prepackaged software company at the end of 2017Q3, valued at $11.90 million, down from 164,603 at the end of the previous reported quarter. Bar Harbor Trust Services who had been investing in Microsoft Corp for a number of months, seems to be less bullish one the $691.23 billion market cap company. The stock increased 1.73% or $1.52 during the last trading session, reaching $89.6. About 24.27 million shares traded or 8.63% up from the average. Microsoft Corporation (NASDAQ:MSFT) has risen 34.52% since January 14, 2017 and is uptrending. It has outperformed by 17.82% the S&P500.

Westwood Global Investments Llc increased its stake in Bhp Billiton Limited (BHP) by 50.57% based on its latest 2017Q3 regulatory filing with the SEC. Westwood Global Investments Llc bought 131,713 shares as the company’s stock declined 8.86% while stock markets rallied. The institutional investor held 392,182 shares of the precious metals company at the end of 2017Q3, valued at $15.90 million, up from 260,469 at the end of the previous reported quarter. Westwood Global Investments Llc who had been investing in Bhp Billiton Limited for a number of months, seems to be bullish on the $136.49 billion market cap company. The stock increased 2.05% or $1.02 during the last trading session, reaching $50.69. About 3.85 million shares traded or 66.99% up from the average. BHP Billiton Limited (NYSE:BHP) has risen 34.32% since January 14, 2017 and is uptrending. It has outperformed by 17.62% the S&P500.

Among 25 analysts covering BHP Billiton Limited (ADR) (NYSE:BHP), 9 have Buy rating, 5 Sell and 11 Hold. Therefore 36% are positive. BHP Billiton Limited (ADR) had 54 analyst reports since July 22, 2015 according to SRatingsIntel. The company was upgraded on Monday, September 14 by Jefferies. The rating was downgraded by Credit Suisse on Wednesday, December 7 to “Neutral”. The company was downgraded on Wednesday, July 19 by Citigroup. On Thursday, November 10 the stock rating was initiated by HSBC with “Hold”. The firm has “Underweight” rating by Barclays Capital given on Tuesday, January 12. Citigroup downgraded the stock to “Sell” rating in Wednesday, October 12 report. The company was downgraded on Thursday, October 29 by Liberum Capital. The stock of BHP Billiton Limited (NYSE:BHP) has “Market Perform” rating given on Thursday, November 10 by Cowen & Co. The stock of BHP Billiton Limited (NYSE:BHP) earned “Overweight” rating by Barclays Capital on Wednesday, July 29. The rating was maintained by Citigroup with “Buy” on Thursday, September 24.

Since August 4, 2017, it had 0 insider buys, and 3 selling transactions for $513.86 million activity. 55,000 Microsoft Corporation (NASDAQ:MSFT) shares with value of $4.00M were sold by Hood Amy. $1.98M worth of Microsoft Corporation (NASDAQ:MSFT) was sold by COURTOIS JEAN PHILIPPE on Wednesday, August 30.

Bar Harbor Trust Services, which manages about $188.12 million US Long portfolio, upped its stake in General Elec Co (NYSE:GE) by 231,339 shares to 249,399 shares, valued at $6.03 million in 2017Q3, according to the filing.

Among 35 analysts covering Microsoft Corporation (NASDAQ:MSFT), 29 have Buy rating, 2 Sell and 4 Hold. Therefore 83% are positive. Microsoft Corporation had 142 analyst reports since July 22, 2015 according to SRatingsIntel. The stock of Microsoft Corporation (NASDAQ:MSFT) earned “Buy” rating by Piper Jaffray on Friday, October 27. The stock of Microsoft Corporation (NASDAQ:MSFT) has “Buy” rating given on Sunday, October 8 by RBC Capital Markets. The firm has “Buy” rating by Canaccord Genuity given on Thursday, October 5. The stock of Microsoft Corporation (NASDAQ:MSFT) earned “Buy” rating by Oppenheimer on Friday, July 21. The rating was maintained by BMO Capital Markets on Wednesday, August 23 with “Buy”. Cowen & Co maintained Microsoft Corporation (NASDAQ:MSFT) on Friday, April 1 with “Market Perform” rating. The rating was maintained by Piper Jaffray on Sunday, August 27 with “Buy”. The company was upgraded on Thursday, November 17 by Goldman Sachs. The rating was initiated by William Blair with “Market Perform” on Tuesday, July 19. Evercore maintained Microsoft Corporation (NASDAQ:MSFT) rating on Friday, December 8. Evercore has “Buy” rating and $106.0 target.

Investors sentiment increased to 0.83 in Q3 2017. 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. Beck Mack Oliver Ltd Liability has 3.42% invested in Microsoft Corporation (NASDAQ:MSFT). Gideon Capital Inc reported 3,968 shares. Wagner Bowman Mgmt accumulated 47,004 shares. Wms Prns Limited Liability Company holds 511,049 shares or 4.53% of its portfolio. Verus Partners has 5,738 shares. Highbridge Management Limited Liability Com owns 150,000 shares or 0.17% of their US portfolio. Suffolk Capital Management Limited Liability Company owns 316,432 shares. The Pennsylvania-based Fulton Natl Bank Na has invested 0.88% in Microsoft Corporation (NASDAQ:MSFT). Cramer Rosenthal Mcglynn reported 79,150 shares stake. Lodestar Inv Counsel Limited Liability Company Il accumulated 438,523 shares. First Amer National Bank & Trust owns 212,176 shares. Mcdaniel Terry holds 397,704 shares or 5.6% of its portfolio. Financial Counselors Inc has invested 1.92% in Microsoft Corporation (NASDAQ:MSFT). Vertex One Asset Management stated it has 0.11% of its portfolio in Microsoft Corporation (NASDAQ:MSFT). Wells Fargo Mn, a California-based fund reported 63.58M shares.

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