Homrich & Berg Has Lowered Its Lkq (LKQ) Stake by $746,697; Sachem Head Capital Management LP Increased Holding in Microsoft (MSFT) by $39.59 Million as Valuation Rose

June 21, 2018 - By Hazel Jackson

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Homrich & Berg decreased its stake in Lkq Corp (LKQ) by 8.84% based on its latest 2018Q1 regulatory filing with the SEC. Homrich & Berg sold 20,181 shares as the company’s stock declined 23.94% with the market. The institutional investor held 207,989 shares of the motor vehicles company at the end of 2018Q1, valued at $7.89M, down from 228,170 at the end of the previous reported quarter. Homrich & Berg who had been investing in Lkq Corp for a number of months, seems to be less bullish one the $9.97B market cap company. The stock decreased 1.74% or $0.57 during the last trading session, reaching $32.19. About 1.17M shares traded. LKQ Corporation (NASDAQ:LKQ) has declined 2.38% since June 21, 2017 and is downtrending. It has underperformed by 14.95% the S&P500. Some Historical LKQ News: 22/05/2018 – LKQ at Wolfe Research Global Transportation Conference Tomorrow; 22/03/2018 – LKQ CORPORATION’S UNIT LKQ EUROPEAN HOLDINGS B.V., REPORTS PRIC; 26/04/2018 – LKQ Sees FY EPS $1.96-EPS $2.06; 26/04/2018 – LKQ 1Q Net $153M; 26/04/2018 – LKQ 1Q EPS 49c; 26/04/2018 – LKQ Sees FY Adj EPS $2.20-Adj EPS $2.30; 31/05/2018 – LKQ Corporation Finalizes Acquisition Of STAHLGRUBER GmbH; 22/05/2018 – S&PGR Affirms LKQ Corp. Ratings; Outlook Stable; 26/04/2018 – LKQ CORP – SEES 2018 CAPITAL EXPENDITURES $235 MLN TO $265 MLN; 17/05/2018 – LKQ Favored by 5 Hedge Funds, 13Fs Show

Scott Ferguson increased its stake in Microsoft Corp (MSFT) by 12.95% based on its latest 2018Q1 regulatory filing with the SEC. Sachem Head Capital Management Lp bought 435,000 shares as the company’s stock rose 3.08% while stock markets declined. The hedge fund run by Scott Ferguson held 3.80 million shares of the prepackaged software company at the end of 2018Q1, valued at $346.37M, up from 3.36 million at the end of the previous reported quarter. Sachem Head Capital Management Lp who had been investing in Microsoft Corp for a number of months, seems to be bullish on the $776.73B market cap company. The stock decreased 0.76% or $0.775 during the last trading session, reaching $101.095. About 16.67M shares traded. Microsoft Corporation (NASDAQ:MSFT) has risen 41.28% since June 21, 2017 and is uptrending. It has outperformed by 28.71% the S&P500. Some Historical MSFT News: 03/05/2018 – Microsoft Gets an Unexpected Boost From Malware Fears; 17/04/2018 – UMB Announces Annual Meeting of Shareholders Available by Webcast and Telephone; 14/05/2018 – Zerto Wins Big at The Channel Company’s Annual Midsize Enterprise Summit; 26/04/2018 – MICROSOFT – QTRLY REVENUE IN INTELLIGENT CLOUD WAS $7.9 BLN AND INCREASED 17%; 12/04/2018 – StartMonday updates its CareerChain release plans; 21/03/2018 – JLL makes Linkedln’s Top Companies list again; 16/05/2018 – FP Tech Desk: Microsoft planning low-cost Surface tablet line to take on iPad; 10/04/2018 – Aviat Networks Introduces All-Outdoor Long Haul Solution; 05/04/2018 – Trippel Media chooses Net Insight’s Sye Streaming Service, powered by Microsoft Azure, to handle live streaming for their interactive trivia and live event app platform Primetime; 26/03/2018 – Global Source-to-Pay Leader Determine, Inc. Named One of the Most Trusted Brands of the Year

More recent LKQ Corporation (NASDAQ:LKQ) news were published by: Nasdaq.com which released: “LKQ Corporation Finalizes Acquisition of STAHLGRUBER GmbH” on May 31, 2018. Also Nasdaq.com published the news titled: “LKQ Corporation to Present at Upcoming Investor Conferences” on May 23, 2018. Globenewswire.com‘s news article titled: “LKQ Corporation to Host 2018 Investor Day” with publication date: May 24, 2018 was also an interesting one.

Among 14 analysts covering LKQ (NASDAQ:LKQ), 13 have Buy rating, 0 Sell and 1 Hold. Therefore 93% are positive. LKQ had 31 analyst reports since January 15, 2016 according to SRatingsIntel. As per Tuesday, July 25, the company rating was downgraded by Northcoast. The firm earned “Hold” rating on Tuesday, April 17 by Guggenheim. The stock of LKQ Corporation (NASDAQ:LKQ) has “Buy” rating given on Tuesday, May 30 by Jefferies. The firm earned “Buy” rating on Thursday, July 6 by Stifel Nicolaus. The rating was maintained by Stifel Nicolaus with “Buy” on Sunday, December 10. Susquehanna initiated the shares of LKQ in report on Friday, August 26 with “Positive” rating. FBR Capital maintained it with “Buy” rating and $41.0 target in Tuesday, December 12 report. The rating was maintained by Jefferies on Thursday, July 6 with “Buy”. Robert W. Baird maintained the shares of LKQ in report on Friday, December 22 with “Buy” rating. The firm has “Buy” rating given on Friday, January 15 by Jefferies.

Since January 12, 2018, it had 2 insider purchases, and 5 insider sales for $1.83 million activity. Another trade for 25,000 shares valued at $1.06 million was sold by CASINI VICTOR M. Jude Justin L had bought 2,280 shares worth $74,292 on Friday, June 1. Another trade for 1,099 shares valued at $33,300 was sold by Hanser Robert M.. Another trade for 10,301 shares valued at $445,425 was sold by Quinn John S. $158,964 worth of LKQ Corporation (NASDAQ:LKQ) was sold by HOLSTEN JOSEPH M on Wednesday, May 9.

Investors sentiment increased to 1.17 in 2018 Q1. Its up 0.01, from 1.16 in 2017Q4. It increased, as 29 investors sold LKQ shares while 166 reduced holdings. 64 funds opened positions while 164 raised stakes. 271.08 million shares or 1.63% less from 275.57 million shares in 2017Q4 were reported. 42,908 are held by Jefferies Grp Inc Ltd Liability. First National Bank Of Omaha reported 154,116 shares or 0.35% of all its holdings. Globeflex Capital Limited Partnership accumulated 16,800 shares. Tci Wealth Incorporated holds 19 shares. The Wisconsin-based Cap Of America has invested 2.09% in LKQ Corporation (NASDAQ:LKQ). Verition Fund Ltd accumulated 0.1% or 37,105 shares. Segall Bryant Hamill Ltd Liability holds 1.56 million shares. United Financial Advisers Lc holds 341,189 shares or 0.1% of its portfolio. Ivory Ltd Llc has invested 1.25% in LKQ Corporation (NASDAQ:LKQ). Cna Financial holds 0.24% or 30,000 shares. United Service Automobile Association has 0.01% invested in LKQ Corporation (NASDAQ:LKQ) for 100,277 shares. Capital Mngmt Associate holds 21,500 shares. Quantum Cap Management Ltd Limited Liability Company Nj reported 7.52% stake. Shine Advisory Service Incorporated invested in 329 shares or 0.01% of the stock. Massachusetts Services Co Ma, Massachusetts-based fund reported 1.52 million shares.

Analysts await LKQ Corporation (NASDAQ:LKQ) to report earnings on July, 26. They expect $0.58 EPS, up 9.43% or $0.05 from last year’s $0.53 per share. LKQ’s profit will be $179.64M for 13.88 P/E if the $0.58 EPS becomes a reality. After $0.55 actual EPS reported by LKQ Corporation for the previous quarter, Wall Street now forecasts 5.45% EPS growth.

Homrich & Berg, which manages about $3.37B and $1.44B US Long portfolio, upped its stake in Exxon Mobil Corp (NYSE:XOM) by 5,201 shares to 47,080 shares, valued at $3.51 million in 2018Q1, according to the filing. It also increased its holding in Aflac Inc (NYSE:AFL) by 16,795 shares in the quarter, for a total of 33,333 shares, and has risen its stake in Pfizer Inc (NYSE:PFE).

Sachem Head Capital Management Lp, which manages about $1.04 billion and $3.00 billion US Long portfolio, decreased its stake in Shire Plc (NASDAQ:SHPG) by 11,969 shares to 1.23M shares, valued at $183.02 million in 2018Q1, according to the filing.

Among 37 analysts covering Microsoft Corporation (NASDAQ:MSFT), 31 have Buy rating, 1 Sell and 5 Hold. Therefore 84% are positive. Microsoft Corporation had 196 analyst reports since July 22, 2015 according to SRatingsIntel. On Monday, November 23 the stock rating was maintained by UBS with “Buy”. The firm has “Buy” rating by Wells Fargo given on Thursday, April 12. The firm has “Buy” rating by Oppenheimer given on Friday, April 27. KeyBanc Capital Markets maintained it with “Buy” rating and $7800 target in Sunday, July 16 report. The stock has “Buy” rating by UBS on Friday, January 29. The rating was maintained by Stifel Nicolaus on Thursday, February 1 with “Buy”. As per Friday, October 27, the company rating was maintained by Barclays Capital. The company was maintained on Thursday, January 18 by Credit Suisse. The rating was initiated by William Blair on Tuesday, July 19 with “Market Perform”. Piper Jaffray maintained Microsoft Corporation (NASDAQ:MSFT) rating on Friday, July 21. Piper Jaffray has “Buy” rating and $9000 target.

Since February 16, 2018, it had 1 insider buy, and 4 sales for $1.39 million activity. On Thursday, June 7 Capossela Christopher C sold $1.01M worth of Microsoft Corporation (NASDAQ:MSFT) or 10,000 shares.

More notable recent Microsoft Corporation (NASDAQ:MSFT) news were published by: Seekingalpha.com which released: “Microsoft: Outlook Remains Bright” on June 19, 2018, also Fool.com with their article: “Here’s How Much Money NVIDIA Makes From the Nintendo Switch” published on June 21, 2018, Nasdaq.com published: “With GE Gone, It’s Time to Stop Covering the Dow Jones Index” on June 20, 2018. More interesting news about Microsoft Corporation (NASDAQ:MSFT) were released by: Fool.com and their article: “Microsoft Is Revamping Its Mobile News Offerings Now, Too” published on June 20, 2018 as well as Seekingalpha.com‘s news article titled: “Microsoft Corporation: The Big Fluffy Cloud” with publication date: June 19, 2018.

Investors sentiment decreased to 0.74 in 2018 Q1. Its down 0.03, from 0.77 in 2017Q4. It worsened, 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. Pineno Levin And Ford Asset holds 3.23% in Microsoft Corporation (NASDAQ:MSFT) or 81,140 shares. Boston Common Asset Management Limited Company invested 2.63% in Microsoft Corporation (NASDAQ:MSFT). 47,680 are owned by Fund Evaluation Gru. Cacti Asset Mgmt Limited Liability Corp invested 0.34% in Microsoft Corporation (NASDAQ:MSFT). Magellan Asset Mgmt Ltd reported 14.29M shares or 4.81% of all its holdings. Falcon Edge Cap Lp holds 333,200 shares. Marshwinds Advisory Company holds 3.31% or 76,232 shares. Hollencrest Cap Mngmt, a California-based fund reported 63,943 shares. R G Niederhoffer Mgmt holds 1.72% or 3,900 shares in its portfolio. Dynamic Advisor Solutions Lc has invested 0.97% in Microsoft Corporation (NASDAQ:MSFT). Ci Invs reported 2.3% of its portfolio in Microsoft Corporation (NASDAQ:MSFT). Muhlenkamp Co Inc stated it has 162,821 shares or 5.39% of all its holdings. Mufg Americas Holdings, a New York-based fund reported 942,478 shares. 56.06M are owned by Morgan Stanley. Fenimore Asset Mgmt has invested 0.03% in Microsoft Corporation (NASDAQ:MSFT).

Microsoft Corporation (NASDAQ:MSFT) Institutional Positions Chart

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