Factory Mutual Insurance Company Has Boosted Its Microsoft Corp (MSFT) Holding by $37.26 Million

June 18, 2018 - By Michael Collier

Microsoft Corporation (NASDAQ:MSFT) LogoInvestors sentiment decreased to 0.74 in Q1 2018. Its down 0.03, from 0.77 in 2017Q4. It turned negative, 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. Fir Tree Capital Mgmt Ltd Partnership invested 6.83% of its portfolio in Microsoft Corporation (NASDAQ:MSFT). Moreover, Stoneridge Invest Partners Ltd Liability has 3.25% invested in Microsoft Corporation (NASDAQ:MSFT) for 212,912 shares. Zevenbergen Ltd invested in 0.07% or 21,300 shares. Canal Insur has 132,000 shares for 4.23% of their portfolio. Tradition Cap Mgmt Ltd Liability accumulated 2.54% or 97,158 shares. South Dakota Inv Council stated it has 1.56M shares or 3.25% of all its holdings. Stelliam Lp holds 2.36% or 617,500 shares. Saba Mngmt LP owns 7,182 shares for 0.04% of their portfolio. Shayne And Co Ltd accumulated 18,916 shares or 1.22% of the stock. Wendell David Assocs accumulated 122,893 shares or 2.02% of the stock. Princeton Portfolio Strategies Grp Ltd Llc invested in 86,941 shares. Security National Bank & Trust Of Sioux City Iowa Ia owns 24,631 shares or 2.11% of their US portfolio. Washington Trust has 1.52% invested in Microsoft Corporation (NASDAQ:MSFT) for 283,559 shares. Sfe Counsel stated it has 11,968 shares or 0.57% of all its holdings. Nelson Roberts Invest Advisors Limited Com owns 14,181 shares or 0.34% of their US portfolio.

Since February 16, 2018, it had 1 insider purchase, and 4 insider sales for $1.39 million activity. The insider PETERSON SANDRA E bought $550,606.

Factory Mutual Insurance Company increased its stake in Microsoft Corp (MSFT) by 16.67% based on its latest 2018Q1 regulatory filing with the SEC. Factory Mutual Insurance Company bought 409,500 shares as the company’s stock rose 3.08% while stock markets declined. The institutional investor held 2.87M shares of the prepackaged software company at the end of 2018Q1, valued at $261.60 million, up from 2.46M at the end of the previous reported quarter. Factory Mutual Insurance Company who had been investing in Microsoft Corp for a number of months, seems to be bullish on the $769.32B market cap company. The stock decreased 1.27% or $1.29 during the last trading session, reaching $100.13. About 37.25 million shares traded or 26.19% up from the average. Microsoft Corporation (NASDAQ:MSFT) has risen 41.28% since June 18, 2017 and is uptrending. It has outperformed by 28.71% the S&P500.

Factory Mutual Insurance Company, which manages about $9.13 billion US Long portfolio, decreased its stake in Union Pac Corp (NYSE:UNP) by 268,800 shares to 678,979 shares, valued at $91.27M in 2018Q1, according to the filing. It also reduced its holding in Alphabet Inc by 4,100 shares in the quarter, leaving it with 175,162 shares, and cut its stake in Cognizant Technology Solutio (NASDAQ:CTSH).

More notable recent Microsoft Corporation (NASDAQ:MSFT) news were published by: Nasdaq.com which released: “Leaked Microsoft Document Points to Dual-Screen Mobile Device” on June 13, 2018, also Nasdaq.com with their article: “Why the AT&T Inc. Court Win Does Not Guarantee Domination” published on June 13, 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: Seekingalpha.com and their article: “Can Cloud-Based Growth Sustain Microsoft Going Forward?” published on June 04, 2018 as well as Seekingalpha.com‘s news article titled: “For Microsoft The Future Is Now” with publication date: June 13, 2018.

Microsoft Corporation (NASDAQ:MSFT) Ratings Coverage

Among 24 analysts covering Microsoft Corp (NASDAQ:MSFT), 22 have Buy rating, 1 Sell and 1 Hold. Therefore 92% are positive. Microsoft Corp has $130 highest and $62.0 lowest target. $107.14’s average target is 7.00% above currents $100.13 stock price. Microsoft Corp had 58 analyst reports since December 20, 2017 according to SRatingsIntel. Credit Suisse maintained the stock with “Buy” rating in Thursday, January 18 report. Bernstein maintained Microsoft Corporation (NASDAQ:MSFT) on Monday, June 11 with “Buy” rating. Canaccord Genuity maintained Microsoft Corporation (NASDAQ:MSFT) rating on Thursday, January 25. Canaccord Genuity has “Buy” rating and $94.0 target. RBC Capital Markets maintained it with “Buy” rating and $11500 target in Friday, May 11 report. Nomura maintained it with “Buy” rating and $105 target in Friday, February 2 report. As per Thursday, February 1, the company rating was maintained by Bernstein. RBC Capital Markets maintained Microsoft Corporation (NASDAQ:MSFT) on Thursday, February 1 with “Buy” rating. The firm earned “Buy” rating on Friday, April 27 by Canaccord Genuity. The stock of Microsoft Corporation (NASDAQ:MSFT) has “Buy” rating given on Friday, January 19 by UBS. Bernstein maintained it with “Buy” rating and $12300 target in Thursday, May 24 report.

Microsoft Corporation (NASDAQ:MSFT) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.