Kensico Capital Management Has Lowered Its Microsoft (MSFT) Holding as Market Value Rose; Tortoise Capital Advisors Upped Parsley Energy (PE) Stake by $811,330 as Stock Value Declined

January 14, 2018 - By Adrian Mccoy

Tortoise Capital Advisors Llc increased its stake in Parsley Energy Inc (PE) by 10.68% based on its latest 2017Q3 regulatory filing with the SEC. Tortoise Capital Advisors Llc bought 31,205 shares as the company’s stock declined 0.66% while stock markets rallied. The hedge fund held 323,336 shares of the energy company at the end of 2017Q3, valued at $8.52 million, up from 292,131 at the end of the previous reported quarter. Tortoise Capital Advisors Llc who had been investing in Parsley Energy Inc for a number of months, seems to be bullish on the $9.15B market cap company. The stock decreased 0.03% or $0.01 during the last trading session, reaching $29.11. About 9.21 million shares traded or 113.76% up from the average. Parsley Energy, Inc. (NYSE:PE) has risen 26.09% since January 14, 2017 and is uptrending. It has outperformed by 9.39% the S&P500.

Michael Lowenstein decreased its stake in Microsoft Corp (MSFT) by 9.38% based on its latest 2017Q3 regulatory filing with the SEC. Kensico Capital Management Corp sold 718,600 shares as the company’s stock rose 4.75% with the market. The hedge fund run by Michael Lowenstein held 6.95M shares of the prepackaged software company at the end of 2017Q3, valued at $517.36M, down from 7.66 million at the end of the previous reported quarter. Kensico Capital Management Corp who had been investing in Microsoft Corp for a number of months, seems to be less bullish one the $691.23B market cap company. The stock increased 1.73% or $1.52 during the last trading session, reaching $89.6. About 24.27M 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.

Tortoise Capital Advisors Llc, which manages about $15.07B and $15.29B US Long portfolio, decreased its stake in Holly Energy Partners LP (NYSE:HEP) by 1.32M shares to 3.64 million shares, valued at $121.44M in 2017Q3, according to the filing. It also reduced its holding in Phillips 66 Partners Lp (NYSE:PSXP) by 23,926 shares in the quarter, leaving it with 8.01M shares, and cut its stake in Eog Res Inc (NYSE:EOG).

Among 36 analysts covering Parsley Energy Inc (NYSE:PE), 32 have Buy rating, 0 Sell and 4 Hold. Therefore 89% are positive. Parsley Energy Inc had 113 analyst reports since July 21, 2015 according to SRatingsIntel. Imperial Capital initiated Parsley Energy, Inc. (NYSE:PE) on Tuesday, August 15 with “Buy” rating. The firm has “Buy” rating given on Tuesday, October 10 by BMO Capital Markets. The rating was maintained by SunTrust with “Buy” on Thursday, September 28. The company was maintained on Tuesday, November 14 by BMO Capital Markets. RBC Capital Markets maintained the stock with “Sector Perform” rating in Friday, November 6 report. The firm has “Buy” rating given on Thursday, October 5 by Stifel Nicolaus. The stock of Parsley Energy, Inc. (NYSE:PE) earned “Buy” rating by Credit Suisse on Monday, December 11. Macquarie Research maintained the shares of PE in report on Monday, September 21 with “Outperform” rating. JP Morgan maintained Parsley Energy, Inc. (NYSE:PE) rating on Monday, August 15. JP Morgan has “Overweight” rating and $40 target. The rating was downgraded by Seaport Global to “Hold” on Monday, July 17.

Investors sentiment decreased to 1.13 in 2017 Q3. Its down 0.27, from 1.4 in 2017Q2. It dived, as 51 investors sold PE shares while 91 reduced holdings. 49 funds opened positions while 111 raised stakes. 246.67 million shares or 3.47% more from 238.40 million shares in 2017Q2 were reported. Qs Ltd Liability holds 0% or 22,219 shares in its portfolio. Asset Mgmt One Ltd holds 0.03% of its portfolio in Parsley Energy, Inc. (NYSE:PE) for 459,455 shares. Moreover, Zurcher Kantonalbank (Zurich Cantonalbank) has 0.01% invested in Parsley Energy, Inc. (NYSE:PE). Anchor Bolt Lp invested in 0.81% or 748,927 shares. King Luther Cap Management Corporation, a Texas-based fund reported 100,036 shares. Northern Trust Corp invested in 0.01% or 1.27M shares. Pinnacle Assocs holds 0.02% or 37,375 shares in its portfolio. Carlson Limited Partnership holds 2.26M shares. 25,000 were accumulated by Nomura Holdg. Apollo Holdg LP invested 5.92% in Parsley Energy, Inc. (NYSE:PE). D E Shaw Co has 0% invested in Parsley Energy, Inc. (NYSE:PE) for 82,828 shares. Nationwide Fund invested 0% of its portfolio in Parsley Energy, Inc. (NYSE:PE). Deutsche Bancshares Ag holds 1.25 million shares or 0.02% of its portfolio. 1492 Capital Ltd Liability Corporation accumulated 15,839 shares. 612,168 are held by Nuveen Asset Mngmt Llc.

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. Canaccord Genuity maintained Microsoft Corporation (NASDAQ:MSFT) rating on Thursday, July 6. Canaccord Genuity has “Hold” rating and $6800 target. Barclays Capital maintained Microsoft Corporation (NASDAQ:MSFT) on Friday, October 23 with “Overweight” rating. The firm has “Neutral” rating by Atlantic Securities given on Thursday, November 10. Canaccord Genuity maintained the shares of MSFT in report on Wednesday, September 13 with “Hold” rating. The company was upgraded on Tuesday, October 31 by Argus Research. Vetr downgraded the stock to “Strong-Buy” rating in Thursday, August 27 report. The firm has “Hold” rating given on Thursday, June 1 by Canaccord Genuity. On Friday, December 18 the stock rating was upgraded by Goldman Sachs to “Neutral”. Wunderlich maintained Microsoft Corporation (NASDAQ:MSFT) rating on Friday, January 29. Wunderlich has “Hold” rating and $55 target. As per Wednesday, November 15, the company rating was maintained by Bernstein.

Investors sentiment increased to 0.83 in Q3 2017. Its up 0.01, from 0.82 in 2017Q2. It increased, 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. Verus Financial invested in 5,738 shares. Moreover, Asset has 3.6% invested in Microsoft Corporation (NASDAQ:MSFT). Mckinley Cap Mgmt Lc Delaware owns 710,305 shares. Fulton Bancshares Na, a Pennsylvania-based fund reported 158,919 shares. Whalerock Point Ptnrs Limited Liability invested in 1.06% or 40,221 shares. 3,618 were reported by Riggs Asset Managment Inc. Hermes Investment Mngmt Limited has invested 0.89% of its portfolio in Microsoft Corporation (NASDAQ:MSFT). Newfocus Financial Grp Ltd Company accumulated 2.84% or 58,621 shares. Nikko Asset Americas holds 0.28% of its portfolio in Microsoft Corporation (NASDAQ:MSFT) for 77,000 shares. Sadoff Invest Management Ltd accumulated 4,304 shares. Caisse De Depot Et Placement Du Quebec owns 1.49% invested in Microsoft Corporation (NASDAQ:MSFT) for 8.63M shares. Northwestern Mutual Wealth holds 632,938 shares or 0.34% of its portfolio. Duncker Streett reported 1.12% in Microsoft Corporation (NASDAQ:MSFT). Cincinnati Corp reported 3.13% stake. First Manhattan has invested 3.13% in Microsoft Corporation (NASDAQ:MSFT).

Kensico Capital Management Corp, which manages about $7.43B and $6.59 billion US Long portfolio, upped its stake in Western Digital Corp (NASDAQ:WDC) by 761,000 shares to 1.09 million shares, valued at $94.57 million in 2017Q3, according to the filing. It also increased its holding in Lamb Weston Hldgs Inc by 1.32M shares in the quarter, for a total of 3.64M shares, and has risen its stake in Fleetcor Technologies Inc (NYSE:FLT).

Since August 4, 2017, it had 0 buys, and 3 sales for $513.86 million activity. COURTOIS JEAN PHILIPPE sold 26,763 shares worth $1.98 million. The insider Hood Amy sold $4.00 million.

Analysts await Microsoft Corporation (NASDAQ:MSFT) to report earnings on January, 25. They expect $0.86 earnings per share, up 3.61% or $0.03 from last year’s $0.83 per share. MSFT’s profit will be $6.63B for 26.05 P/E if the $0.86 EPS becomes a reality. After $0.84 actual earnings per share reported by Microsoft Corporation for the previous quarter, Wall Street now forecasts 2.38% EPS growth.

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