As Facebook (FB) Stock Price Declined, Montrusco Bolton Investments Cut Position by $2.44 Million; Microsoft (MSFT) Shareholder Integre Asset Management Has Trimmed Its Stake by $1.98 Million

April 22, 2018 - By Michael Collier

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Integre Asset Management Llc decreased its stake in Microsoft Corp (MSFT) by 84.91% based on its latest 2017Q4 regulatory filing with the SEC. Integre Asset Management Llc sold 23,279 shares as the company’s stock rose 4.63% while stock markets declined. The institutional investor held 4,136 shares of the prepackaged software company at the end of 2017Q4, valued at $354,000, down from 27,415 at the end of the previous reported quarter. Integre Asset Management Llc who had been investing in Microsoft Corp for a number of months, seems to be less bullish one the $731.48B market cap company. The stock decreased 1.15% or $1.11 during the last trading session, reaching $95. About 25.59M shares traded. Microsoft Corporation (NASDAQ:MSFT) has risen 37.43% since April 22, 2017 and is uptrending. It has outperformed by 25.88% the S&P500.

Montrusco Bolton Investments Inc decreased its stake in Facebook Inc (FB) by 11.94% based on its latest 2017Q4 regulatory filing with the SEC. Montrusco Bolton Investments Inc sold 13,876 shares as the company’s stock declined 14.10% with the market. The institutional investor held 102,374 shares of the technology company at the end of 2017Q4, valued at $18.03M, down from 116,250 at the end of the previous reported quarter. Montrusco Bolton Investments Inc who had been investing in Facebook Inc for a number of months, seems to be less bullish one the $482.11 billion market cap company. The stock decreased 1.08% or $1.82 during the last trading session, reaching $166.28. About 17.17M shares traded. Facebook, Inc. (NASDAQ:FB) has risen 8.48% since April 22, 2017 and is uptrending. It has underperformed by 3.07% the S&P500.

Investors sentiment decreased to 0.77 in 2017 Q4. Its down 0.06, from 0.83 in 2017Q3. It fall, 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. Dt Prtnrs Lc, Pennsylvania-based fund reported 4,736 shares. Randolph Incorporated accumulated 342,650 shares or 4.98% of the stock. Moreover, Iberiabank has 1.79% invested in Microsoft Corporation (NASDAQ:MSFT) for 133,653 shares. Mountain Pacific Inv Advisers Id stated it has 10,772 shares. Tiverton Asset Ltd Liability invested in 474,306 shares. Hotchkis And Wiley Mngmt Lc reported 9.66M shares stake. Oak Associates Ltd Oh holds 1.91% in Microsoft Corporation (NASDAQ:MSFT) or 315,134 shares. Washington Tru Financial Bank has 199,990 shares for 2.5% of their portfolio. First Finance Corporation In accumulated 30,634 shares. Associated Banc stated it has 653,179 shares or 3.01% of all its holdings. Intrust National Bank Na reported 62,101 shares. Jnba Financial Advisors, a Minnesota-based fund reported 34,387 shares. Lathrop Inv Management holds 5.1% or 216,549 shares. 3G Prns L P, a New York-based fund reported 820,223 shares. New Jersey Better Educational Savings reported 40,000 shares.

Since February 16, 2018, it had 0 insider buys, 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 27.94 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.

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. The firm has “Buy” rating given on Friday, February 2 by Nomura. On Thursday, August 13 the stock rating was upgraded by Stifel Nicolaus to “Buy”. The rating was maintained by Canaccord Genuity with “Hold” on Friday, January 27. The rating was upgraded by Canaccord Genuity on Thursday, October 5 to “Buy”. On Tuesday, August 22 the stock rating was maintained by Credit Suisse with “Buy”. Jefferies maintained the stock with “Sell” rating in Friday, July 14 report. As per Tuesday, January 23, the company rating was maintained by Stifel Nicolaus. The rating was maintained by Canaccord Genuity with “Buy” on Wednesday, January 31. Cowen & Co maintained the stock with “Buy” rating in Friday, July 21 report. The company was upgraded on Thursday, November 10 by Atlantic Securities.

Integre Asset Management Llc, which manages about $457.92 million and $168.64 million US Long portfolio, upped its stake in Progressive Corp (NYSE:PGR) by 15,655 shares to 62,831 shares, valued at $3.54M in 2017Q4, according to the filing. It also increased its holding in O’reilly Automotive Inc. (NASDAQ:ORLY) by 9,724 shares in the quarter, for a total of 17,906 shares, and has risen its stake in Dowdupont Inc.

Among 55 analysts covering Facebook (NASDAQ:FB), 50 have Buy rating, 2 Sell and 3 Hold. Therefore 91% are positive. Facebook had 254 analyst reports since July 21, 2015 according to SRatingsIntel. The company was maintained on Thursday, January 28 by Stifel Nicolaus. Robert W. Baird maintained it with “Outperform” rating and $135 target in Thursday, April 28 report. Rosenblatt maintained Facebook, Inc. (NASDAQ:FB) on Thursday, November 5 with “Buy” rating. The stock has “Overweight” rating by Barclays Capital on Thursday, April 28. The stock of Facebook, Inc. (NASDAQ:FB) has “Overweight” rating given on Thursday, November 2 by KeyBanc Capital Markets. Morgan Stanley maintained the stock with “Overweight” rating in Monday, October 2 report. The firm has “Buy” rating given on Wednesday, August 30 by Jefferies. The stock has “Overweight” rating by Pacific Crest on Friday, January 20. The firm has “Buy” rating given on Monday, January 8 by Credit Suisse. Cowen & Co maintained Facebook, Inc. (NASDAQ:FB) on Tuesday, October 31 with “Buy” rating.

Montrusco Bolton Investments Inc, which manages about $6.00B and $1.83 billion US Long portfolio, upped its stake in Danaher Corp Del (NYSE:DHR) by 15,670 shares to 185,436 shares, valued at $17.17 million in 2017Q4, according to the filing. It also increased its holding in Transcanada Corp (NYSE:TRP) by 39,743 shares in the quarter, for a total of 1.67 million shares, and has risen its stake in Gildan Activewear Inc (NYSE:GIL).

Analysts await Facebook, Inc. (NASDAQ:FB) to report earnings on April, 25 after the close. They expect $1.36 earnings per share, up 30.77% or $0.32 from last year’s $1.04 per share. FB’s profit will be $3.94 billion for 30.57 P/E if the $1.36 EPS becomes a reality. After $2.20 actual earnings per share reported by Facebook, Inc. for the previous quarter, Wall Street now forecasts -38.18% negative EPS growth.

Investors sentiment increased to 1.21 in 2017 Q4. Its up 0.06, from 1.15 in 2017Q3. It is positive, as 57 investors sold FB shares while 621 reduced holdings. 147 funds opened positions while 670 raised stakes. 1.61 billion shares or 1.26% less from 1.63 billion shares in 2017Q3 were reported. Fdx Advsrs holds 0.39% or 81,235 shares. Welch Group Incorporated Lc accumulated 0.06% or 2,013 shares. Howard Capital Mgmt has 130,357 shares for 3.38% of their portfolio. The California-based Schnieders Management has invested 1.16% in Facebook, Inc. (NASDAQ:FB). Rampart Invest Management Co Lc holds 31,933 shares or 2.17% of its portfolio. Crawford Invest Counsel Incorporated invested 0.02% of its portfolio in Facebook, Inc. (NASDAQ:FB). Klingenstein Fields And Ltd Com holds 1.3% or 200,381 shares in its portfolio. Hilltop holds 0.88% of its portfolio in Facebook, Inc. (NASDAQ:FB) for 22,153 shares. Aviance Cap Management Ltd Liability Co, Florida-based fund reported 933 shares. 17,381 were reported by Steinberg Asset Management. Spc, Maryland-based fund reported 5,811 shares. Utah Retirement invested 1.61% in Facebook, Inc. (NASDAQ:FB). Smith Moore stated it has 7,020 shares or 0.33% of all its holdings. Pacific Heights Asset Management Limited Liability holds 8.86% or 512,000 shares. Moon Mgmt Limited Liability Corporation stated it has 0.34% in Facebook, Inc. (NASDAQ:FB).

Facebook, Inc. (NASDAQ:FB) Institutional Positions Chart

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