Envestnet Asset Management Has Raised Advanced Semiconductor Engr (ASX) Holding by $2.46 Million; Stock Rose; Lawson Kroeker Investment Management Has Cut Its Position in Microsoft (MSFT) as Stock Value Rose

February 15, 2018 - By Adrian Mccoy

Lawson Kroeker Investment Management Inc decreased its stake in Microsoft Corp (MSFT) by 17.06% based on its latest 2017Q3 regulatory filing with the SEC. Lawson Kroeker Investment Management Inc sold 29,670 shares as the company’s stock rose 4.75% with the market. The institutional investor held 144,260 shares of the prepackaged software company at the end of 2017Q3, valued at $10.75 million, down from 173,930 at the end of the previous reported quarter. Lawson Kroeker Investment Management Inc who had been investing in Microsoft Corp for a number of months, seems to be less bullish one the $709.84B market cap company. The stock increased 1.52% or $1.38 during the last trading session, reaching $92.19. About 13.43M shares traded. Microsoft Corporation (NASDAQ:MSFT) has risen 34.52% since February 15, 2017 and is uptrending. It has outperformed by 17.82% the S&P500.

Envestnet Asset Management Inc increased its stake in Advanced Semiconductor Engr (ASX) by 328.2% based on its latest 2017Q3 regulatory filing with the SEC. Envestnet Asset Management Inc bought 409,885 shares as the company’s stock rose 2.80% with the market. The institutional investor held 534,773 shares of the technology company at the end of 2017Q3, valued at $3.30 million, up from 124,888 at the end of the previous reported quarter. Envestnet Asset Management Inc who had been investing in Advanced Semiconductor Engr for a number of months, seems to be bullish on the $11.13B market cap company. The stock increased 0.59% or $0.04 during the last trading session, reaching $6.86. About 171,519 shares traded. Advanced Semiconductor Engineering, Inc. (NYSE:ASX) has risen 38.27% since February 15, 2017 and is uptrending. It has outperformed by 21.57% the S&P500.

Envestnet Asset Management Inc, which manages about $60.39B and $41.79B US Long portfolio, decreased its stake in First Rep Bk San Francisco C (NYSE:FRC) by 5,053 shares to 43,730 shares, valued at $4.57M in 2017Q3, according to the filing. It also reduced its holding in W P Carey Inc (NYSE:WPC) by 97,755 shares in the quarter, leaving it with 1,499 shares, and cut its stake in Teradyne Inc (NYSE:TER).

Among 3 analysts covering Advanced Semiconductor Engineering (NYSE:ASX), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Advanced Semiconductor Engineering had 3 analyst reports since May 31, 2016 according to SRatingsIntel. The company was downgraded on Friday, November 25 by Goldman Sachs. The firm has “Buy” rating given on Thursday, May 26 by Nomura. UBS upgraded the stock to “Buy” rating in Tuesday, May 31 report.

Among 37 analysts covering Microsoft Corporation (NASDAQ:MSFT), 29 have Buy rating, 2 Sell and 6 Hold. Therefore 78% are positive. Microsoft Corporation had 166 analyst reports since July 22, 2015 according to SRatingsIntel. The stock of Microsoft Corporation (NASDAQ:MSFT) earned “Outperform” rating by RBC Capital Markets on Friday, October 23. Macquarie Research initiated Microsoft Corporation (NASDAQ:MSFT) on Tuesday, April 26 with “Neutral” rating. As per Friday, July 21, the company rating was maintained by Barclays Capital. UBS maintained Microsoft Corporation (NASDAQ:MSFT) rating on Monday, November 23. UBS has “Buy” rating and $60.0 target. The stock of Microsoft Corporation (NASDAQ:MSFT) earned “Buy” rating by Barclays Capital on Friday, January 12. Nomura maintained it with “Buy” rating and $36 target in Tuesday, April 19 report. BMO Capital Markets maintained Microsoft Corporation (NASDAQ:MSFT) rating on Wednesday, July 20. BMO Capital Markets has “Outperform” rating and $62 target. Piper Jaffray maintained the stock with “Buy” rating in Friday, July 21 report. On Wednesday, January 11 the stock rating was initiated by Wells Fargo with “Outperform”. UBS maintained it with “Buy” rating and $105.0 target in Friday, December 8 report.

Since August 29, 2017, it had 0 buys, and 2 sales for $5.98 million activity. COURTOIS JEAN PHILIPPE also sold $1.98 million worth of Microsoft Corporation (NASDAQ:MSFT) on Wednesday, August 30.

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