Js Capital Management Increased Its Microsoft (MSFT) Position; Schroder Investment Management Group Trimmed Position in Meredith Com Stk Us$1 (MDP) as Stock Declined

June 22, 2018 - By Nellie Frank

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Jonathan Soros increased its stake in Microsoft Corp (MSFT) by 115.32% based on its latest 2018Q1 regulatory filing with the SEC. Js Capital Management Llc bought 143,000 shares as the company’s stock rose 3.08% while stock markets declined. The hedge fund run by Jonathan Soros held 267,000 shares of the prepackaged software company at the end of 2018Q1, valued at $24.37 million, up from 124,000 at the end of the previous reported quarter. Js Capital Management Llc who had been investing in Microsoft Corp for a number of months, seems to be bullish on the $777.08 billion market cap company. The stock decreased 0.72% or $0.73 during the last trading session, reaching $101.14. About 18.90M shares traded. Microsoft Corporation (NASDAQ:MSFT) has risen 41.28% since June 22, 2017 and is uptrending. It has outperformed by 28.71% the S&P500. Some Historical MSFT News: 31/05/2018 – lnfosys Extends Alliance with Microsoft for Cloud-Based Digital Transformation Solutions; 17/04/2018 – RedLock Enhances Visibility, Compliance Assurance, and Threat Detection Capabilities With Microsoft Azure; 17/04/2018 – Ionic Security and Microsoft collaborate to simplify risk management and accelerate enterprise cloud adoption through Microsoft Azure Information Protection; 10/03/2018 – NYT: Trump may tap ex-Microsoft, GM executive Liddell to succeed Cohn; 03/05/2018 – Microsoft Gets an Unexpected Boost From Malware Fears; 16/05/2018 – TechCentral.co.z: Microsoft readying new tablet to take on Apple’s iPad; 18/04/2018 – Ixia, a Keysight Business, Helps Organizations Validate Microsoft Azure DDoS Protection Service Defenses; 08/05/2018 – LifePoint Health to Participate in Bank of America Merrill Lynch 2018 Health Care Conference; 07/05/2018 – Microsoft Co-Founder Bill Gates backed Warren Buffett’s decision to up Berkshire’s stake in Apple, calling it an “amazing” company; 26/04/2018 – Microsoft 3Q More Personal Computing Revenue $9.92B

Schroder Investment Management Group decreased its stake in Meredith Corp Com Stk Us$1 (MDP) by 82.98% based on its latest 2018Q1 regulatory filing with the SEC. Schroder Investment Management Group sold 125,800 shares as the company’s stock declined 18.65% with the market. The institutional investor held 25,800 shares of the newspapers and magazines company at the end of 2018Q1, valued at $1.39M, down from 151,600 at the end of the previous reported quarter. Schroder Investment Management Group who had been investing in Meredith Corp Com Stk Us$1 for a number of months, seems to be less bullish one the $2.32 billion market cap company. The stock decreased 1.98% or $1.05 during the last trading session, reaching $52.1. About 260,432 shares traded. Meredith Corporation (NYSE:MDP) has declined 9.74% since June 22, 2017 and is downtrending. It has underperformed by 22.31% the S&P500. Some Historical MDP News: 20/03/2018 – Football Rumors: Extra Points: Meredith, Curry, Ravens, Vikes; 20/04/2018 – MEREDITH-SPRINGFIELD ASSOCIATES, INC., IS FIRST NORTH AMERICAN; 10/05/2018 – Meredith Corp 3Q Adjusted Earnings From Continuing Ops $33M; 21/03/2018 – MEREDITH CORP – APPROXIMATELY 200 EMPLOYEES HAVE BEEN NOTIFIED THAT THEIR POSITIONS HAVE BEEN ELIMINATED; 21/03/2018 – Meredith puts titles including Time, Fortune on the block; 09/05/2018 – MEREDITH CORP – BOARD OF DIRECTORS TODAY DECLARED A REGULAR QUARTERLY DIVIDEND OF $0.545 PER SHARE; 14/05/2018 – Sports Illustrated And LIFE VR Win Sports Emmy Award For “Capturing Everest”; 21/03/2018 – Meredith will explore selling Time and Sports Illustrated magazines as company plans layoffs; 19/03/2018 – CMO Today: Facebook’s Cambridge Analytica Fallout; Duopoly Ad Market Share Dips; Meredith Job Cuts; 16/04/2018 – Meredith Corp and Magenta Launch Fortune Italy

Since February 5, 2018, it had 2 insider buys, and 0 sales for $394,050 activity.

Analysts await Meredith Corporation (NYSE:MDP) to report earnings on July, 26. They expect $0.71 earnings per share, down 33.64% or $0.36 from last year’s $1.07 per share. MDP’s profit will be $31.60M for 18.35 P/E if the $0.71 EPS becomes a reality. After $0.74 actual earnings per share reported by Meredith Corporation for the previous quarter, Wall Street now forecasts -4.05% negative EPS growth.

Another recent and important Meredith Corporation (NYSE:MDP) news was published by Seekingalpha.com which published an article titled: “It Might Be A Good Idea To Catch The Meredith Corp. Falling Knife” on June 08, 2018.

Among 8 analysts covering Meredith Corporation (NYSE:MDP), 4 have Buy rating, 0 Sell and 4 Hold. Therefore 50% are positive. Meredith Corporation had 26 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Meredith Corporation (NYSE:MDP) has “Hold” rating given on Monday, October 16 by Jefferies. The rating was upgraded by Citigroup on Tuesday, May 2 to “Buy”. The rating was maintained by Jefferies with “Hold” on Monday, September 11. The rating was upgraded by Gabelli to “Buy” on Wednesday, January 31. The stock of Meredith Corporation (NYSE:MDP) has “Hold” rating given on Thursday, July 6 by Jefferies. As per Monday, September 21, the company rating was upgraded by Zacks. Jefferies maintained Meredith Corporation (NYSE:MDP) rating on Wednesday, January 31. Jefferies has “Buy” rating and $72.0 target. Jefferies maintained the shares of MDP in report on Thursday, June 1 with “Hold” rating. Benchmark maintained the shares of MDP in report on Friday, July 29 with “Buy” rating. The stock of Meredith Corporation (NYSE:MDP) earned “Neutral” rating by Citigroup on Friday, December 1.

Schroder Investment Management Group, which manages about $42.96 billion and $57.71 billion US Long portfolio, upped its stake in Devon Energy Corporation Common Stock Usd0.10 (NYSE:DVN) by 200,340 shares to 533,405 shares, valued at $16.96 million in 2018Q1, according to the filing. It also increased its holding in Strayer Education Incorporated Common Stock Usd0.01 (NASDAQ:STRA) by 15,742 shares in the quarter, for a total of 89,438 shares, and has risen its stake in Energizer Holdings Incorporated Common Stock Npv.

Investors sentiment decreased to 1.2 in Q1 2018. Its down 0.17, from 1.37 in 2017Q4. It fall, as 36 investors sold MDP shares while 62 reduced holdings. 45 funds opened positions while 73 raised stakes. 42.20 million shares or 4.32% more from 40.46 million shares in 2017Q4 were reported. Dimensional Fund Advisors LP owns 1.95M shares or 0.04% of their US portfolio. Bnp Paribas Arbitrage invested in 16,283 shares. Pennsylvania-based Orrstown Fincl Serv has invested 0% in Meredith Corporation (NYSE:MDP). Legal & General Group Pcl holds 0% in Meredith Corporation (NYSE:MDP) or 51,962 shares. Channing Cap Limited Liability Company has 1.06M shares for 2% of their portfolio. New York State Teachers Retirement Sys holds 0.01% or 71,922 shares. Gabelli Funds has 211,200 shares for 0.07% of their portfolio. Texas-based Fruth Invest Mgmt has invested 0.18% in Meredith Corporation (NYSE:MDP). Balyasny Asset Ltd Limited Liability Company invested in 6,259 shares or 0% of the stock. Retirement Of Alabama stated it has 0.01% of its portfolio in Meredith Corporation (NYSE:MDP). Mackenzie Fincl Corporation invested in 0% or 18,000 shares. Louisiana State Employees Retirement Systems stated it has 10,400 shares. Goelzer Invest Mgmt, a Indiana-based fund reported 160,664 shares. Brown Advisory reported 14,500 shares or 0% of all its holdings. Amg Funds Ltd Liability Co invested 1.18% of its portfolio in Meredith Corporation (NYSE:MDP).

Investors sentiment decreased to 0.74 in 2018 Q1. Its down 0.03, from 0.77 in 2017Q4. It dropped, 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. Cim Invest Mangement invested in 1.54% or 49,531 shares. Levin Cap Strategies Limited Partnership has 0.9% invested in Microsoft Corporation (NASDAQ:MSFT). First Mercantile Trust has 101,551 shares. Old Mutual (Uk) owns 0.82% invested in Microsoft Corporation (NASDAQ:MSFT) for 1.12M shares. Montag A And Associates Inc holds 1.31% of its portfolio in Microsoft Corporation (NASDAQ:MSFT) for 139,452 shares. Mutual Of America Cap has invested 1.6% in Microsoft Corporation (NASDAQ:MSFT). Loudon Invest Mngmt Limited Company has invested 3.84% of its portfolio in Microsoft Corporation (NASDAQ:MSFT). Auxier Asset Management invested 2.93% of its portfolio in Microsoft Corporation (NASDAQ:MSFT). Strategic Financial Services has invested 0.94% of its portfolio in Microsoft Corporation (NASDAQ:MSFT). 94,141 were accumulated by Fagan Assoc Incorporated. Round Table Ltd Liability Com reported 0.11% of its portfolio in Microsoft Corporation (NASDAQ:MSFT). Marshwinds Advisory invested in 3.31% or 76,232 shares. Fragasso Grp accumulated 28,492 shares or 0.64% of the stock. New York-based Amalgamated Comml Bank has invested 2.67% in Microsoft Corporation (NASDAQ:MSFT). The Oklahoma-based Gibraltar Capital Mgmt has invested 5.08% in Microsoft Corporation (NASDAQ:MSFT).

Since February 16, 2018, it had 1 buy, and 4 selling transactions for $1.39 million activity. $325,500 worth of Microsoft Corporation (NASDAQ:MSFT) was sold by Capossela Christopher C on Friday, February 23.

More notable recent Microsoft Corporation (NASDAQ:MSFT) news were published by: Finance.Yahoo.com which released: “Microsoft Corporation (NASDAQ:MSFT) Strikes Deal To Acquire Github” on June 04, 2018, also Fool.com with their article: “Microsoft Is Revamping Its Mobile News Offerings Now, Too” published on June 20, 2018, Nasdaq.com published: “Salesforce.com Is Winning Big With Its Recent Investments” on June 21, 2018. More interesting news about Microsoft Corporation (NASDAQ:MSFT) were released by: Fool.com and their article: “Better Buy: Microsoft Corporation vs. IBM” published on June 19, 2018 as well as Nasdaq.com‘s news article titled: “Why Investors Should Consider This Low-Risk, High-Yield Stock to Buy” with publication date: June 21, 2018.

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. The stock of Microsoft Corporation (NASDAQ:MSFT) has “Buy” rating given on Wednesday, June 13 by UBS. On Friday, October 21 the stock rating was upgraded by Wunderlich to “Buy”. The firm has “Neutral” rating given on Tuesday, April 26 by Macquarie Research. The rating was upgraded by Goldman Sachs to “Buy” on Thursday, November 17. The company was maintained on Friday, October 21 by UBS. The firm earned “Overweight” rating on Thursday, December 22 by Piper Jaffray. The stock has “Overweight” rating by Global Equities Research on Friday, August 28. Evercore maintained the shares of MSFT in report on Friday, December 8 with “Buy” rating. Morgan Stanley maintained the stock with “Overweight” rating in Friday, February 2 report. Barclays Capital maintained Microsoft Corporation (NASDAQ:MSFT) rating on Thursday, January 25. Barclays Capital has “Overweight” rating and $100 target.

Js Capital Management Llc, which manages about $274.97M US Long portfolio, decreased its stake in Angi Homeservices Inc by 667,903 shares to 566,275 shares, valued at $7.69 million in 2018Q1, according to the filing.

Microsoft Corporation (NASDAQ:MSFT) Institutional Positions Chart

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