As Microsoft (MSFT) Share Price Rose, Bar Harbor Trust Services Decreased Its Stake; Cincinnati Financial Holds Position in Home Depot (HD)

January 20, 2018 - By Richard Conner

Cincinnati Financial Corp increased its stake in Home Depot Inc (HD) by 4.58% based on its latest 2017Q3 regulatory filing with the SEC. Cincinnati Financial Corp bought 13,500 shares as the company’s stock rose 9.30% with the market. The institutional investor held 308,054 shares of the consumer services company at the end of 2017Q3, valued at $50.39M, up from 294,554 at the end of the previous reported quarter. Cincinnati Financial Corp who had been investing in Home Depot Inc for a number of months, seems to be bullish on the $235.10B market cap company. The stock increased 1.51% or $3 during the last trading session, reaching $201.33. About 5.81M shares traded or 22.10% up from the average. The Home Depot, Inc. (NYSE:HD) has risen 18.65% since January 20, 2017 and is uptrending. It has outperformed by 1.95% the S&P500.

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 $11.90M, 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 $694.31 billion market cap company. The stock decreased 0.11% or $0.1 during the last trading session, reaching $90. About 36.88 million shares traded or 57.70% up from the average. Microsoft Corporation (NASDAQ:MSFT) has risen 34.52% since January 20, 2017 and is uptrending. It has outperformed by 17.82% the S&P500.

Since August 4, 2017, it had 0 insider purchases, and 3 insider sales for $513.86 million activity. Hood Amy also sold $4.00 million worth of Microsoft Corporation (NASDAQ:MSFT) on Tuesday, August 29. Morfit G Mason sold $507.89 million worth of Microsoft Corporation (NASDAQ:MSFT) on Friday, August 4.

Analysts await Microsoft Corporation (NASDAQ:MSFT) to report earnings on January, 25. They expect $0.86 EPS, up 3.61% or $0.03 from last year’s $0.83 per share. MSFT’s profit will be $6.63 billion for 26.16 P/E if the $0.86 EPS becomes a reality. After $0.84 actual EPS reported by Microsoft Corporation for the previous quarter, Wall Street now forecasts 2.38% EPS growth.

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. Old National Bancorporation In invested 1.11% of its portfolio in Microsoft Corporation (NASDAQ:MSFT). Weatherstone Mgmt reported 3,309 shares stake. West Coast Finance Lc, California-based fund reported 31,228 shares. Atalanta Sosnoff Limited Com reported 1.70 million shares. Hm Mngmt Ltd Liability Corporation holds 1.43% in Microsoft Corporation (NASDAQ:MSFT) or 21,746 shares. Signalpoint Asset Ltd reported 35,330 shares. Kentucky Retirement Systems Insurance Tru Fund holds 204,148 shares. Beach Inv Counsel Inc Pa holds 250,261 shares. Captrust Finance has invested 0.11% in Microsoft Corporation (NASDAQ:MSFT). Paragon Cap Mgmt Ltd stated it has 0.82% of its portfolio in Microsoft Corporation (NASDAQ:MSFT). Moneta Grp Inc Investment Advisors Lc accumulated 71,459 shares or 0.83% of the stock. Burgundy Asset Management Ltd holds 4.21M shares. Princeton Portfolio Strategies Grp Llc stated it has 1.89% in Microsoft Corporation (NASDAQ:MSFT). Raymond James owns 8.40M shares. Rodgers Brothers holds 45,238 shares or 1.19% of its portfolio.

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 145 analyst reports since July 22, 2015 according to SRatingsIntel. The stock of Microsoft Corporation (NASDAQ:MSFT) earned “Buy” rating by Credit Suisse on Thursday, January 18. The stock of Microsoft Corporation (NASDAQ:MSFT) earned “Buy” rating by Bank of America on Friday, October 23. Bank of America upgraded the shares of MSFT in report on Thursday, October 1 to “Neutral” rating. The stock of Microsoft Corporation (NASDAQ:MSFT) earned “Buy” rating by Tigress Financial on Tuesday, November 7. As per Friday, January 27, the company rating was maintained by Canaccord Genuity. The firm has “Buy” rating given on Friday, October 23 by Stifel Nicolaus. As per Friday, July 21, the company rating was maintained by Oppenheimer. The firm has “Outperform” rating given on Thursday, March 17 by Oppenheimer. Goldman Sachs upgraded Microsoft Corporation (NASDAQ:MSFT) rating on Thursday, November 17. Goldman Sachs has “Buy” rating and $68 target. The stock of Microsoft Corporation (NASDAQ:MSFT) has “Outperform” rating given on Friday, October 23 by RBC Capital Markets.

Among 33 analysts covering The Home Depot Inc. (NYSE:HD), 24 have Buy rating, 0 Sell and 9 Hold. Therefore 73% are positive. The Home Depot Inc. had 102 analyst reports since August 19, 2015 according to SRatingsIntel. On Thursday, November 16 the stock rating was maintained by Citigroup with “Buy”. The firm has “Buy” rating given on Friday, June 23 by Jefferies. The rating was maintained by Robert W. Baird on Tuesday, August 15 with “Buy”. The firm earned “Buy” rating on Wednesday, August 17 by Deutsche Bank. The firm earned “Outperform” rating on Monday, December 4 by Telsey Advisory Group. On Tuesday, May 24 the stock rating was initiated by Topeka Capital Markets with “Buy”. The firm has “Buy” rating by Argus Research given on Wednesday, November 18. Jefferies maintained The Home Depot, Inc. (NYSE:HD) on Wednesday, September 13 with “Buy” rating. The stock of The Home Depot, Inc. (NYSE:HD) has “Outperform” rating given on Wednesday, November 18 by RBC Capital Markets. The company was downgraded on Wednesday, August 19 by Vetr.

Investors sentiment increased to 1.14 in Q3 2017. Its up 0.19, from 0.95 in 2017Q2. It increased, as 59 investors sold HD shares while 562 reduced holdings. 121 funds opened positions while 587 raised stakes. 796.24 million shares or 3.15% less from 822.13 million shares in 2017Q2 were reported. Callahan Advsr Ltd Limited Liability Company, Texas-based fund reported 5,749 shares. 4,740 are owned by St Germain D J. Bourgeon Capital Mgmt Limited Liability Co has 0.4% invested in The Home Depot, Inc. (NYSE:HD) for 4,100 shares. Argi Investment Service Ltd Liability Com, a Kentucky-based fund reported 3,537 shares. Cutler Invest Counsel Ltd Liability Corporation holds 3.07% or 80,220 shares in its portfolio. Wagner Bowman Mngmt has 9,191 shares for 0.42% of their portfolio. Fisher Asset Mngmt Limited Com owns 1.26% invested in The Home Depot, Inc. (NYSE:HD) for 5.48M shares. Fiduciary Trust stated it has 288,600 shares. Ledyard Commercial Bank stated it has 49,450 shares. Dillon And Associate Incorporated has 1.04% invested in The Home Depot, Inc. (NYSE:HD). Cutter & Company Brokerage invested in 0.24% or 3,695 shares. M&R Mgmt holds 0.41% or 10,315 shares. Sg Americas Limited Liability Corporation has invested 0.02% in The Home Depot, Inc. (NYSE:HD). Victory Cap Management Inc holds 165,034 shares. Milestone owns 2,175 shares.

Since August 16, 2017, it had 0 buys, and 5 insider sales for $18.46 million activity. Roseborough Teresa Wynn sold $2.26 million worth of stock. $1.63M worth of The Home Depot, Inc. (NYSE:HD) was sold by Campbell Ann Marie on Wednesday, August 16.

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