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As Illinois Tool Works (ITW) Shares Declined, Wendell David Associates Lifted Holding; Microsoft (MSFT) Shareholder Benedict Financial Advisors Trimmed Stake by $361,930

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Benedict Financial Advisors Inc decreased its stake in Microsoft Corp (MSFT) by 3.95% based on its latest 2017Q4 regulatory filing with the SEC. Benedict Financial Advisors Inc sold 4,258 shares as the company’s stock rose 4.63% while stock markets declined. The institutional investor held 103,665 shares of the prepackaged software company at the end of 2017Q4, valued at $8.87 million, down from 107,923 at the end of the previous reported quarter. Benedict Financial Advisors Inc who had been investing in Microsoft Corp for a number of months, seems to be less bullish one the $749.88 billion market cap company. The stock increased 1.29% or $1.24 during the last trading session, reaching $97.6. About 14.34 million shares traded. Microsoft Corporation (NASDAQ:MSFT) has risen 37.43% since May 22, 2017 and is uptrending. It has outperformed by 25.88% the S&P500.

Wendell David Associates Inc increased its stake in Illinois Tool Works (ITW) by 8.24% based on its latest 2017Q4 regulatory filing with the SEC. Wendell David Associates Inc bought 2,970 shares as the company’s stock declined 6.87% with the market. The institutional investor held 39,030 shares of the industrial machinery and components company at the end of 2017Q4, valued at $6.51 million, up from 36,060 at the end of the previous reported quarter. Wendell David Associates Inc who had been investing in Illinois Tool Works for a number of months, seems to be bullish on the $50.72B market cap company. The stock increased 2.00% or $2.93 during the last trading session, reaching $149.73. About 1.66M shares traded or 5.00% up from the average. Illinois Tool Works Inc. (NYSE:ITW) has risen 18.23% since May 22, 2017 and is uptrending. It has outperformed by 6.68% the S&P500.

Among 19 analysts covering Illinois Tool Works Inc (NYSE:ITW), 8 have Buy rating, 0 Sell and 11 Hold. Therefore 42% are positive. Illinois Tool Works Inc had 90 analyst reports since July 24, 2015 according to SRatingsIntel. Citigroup maintained Illinois Tool Works Inc. (NYSE:ITW) on Thursday, January 25 with “Buy” rating. As per Tuesday, July 18, the company rating was maintained by BMO Capital Markets. The stock of Illinois Tool Works Inc. (NYSE:ITW) earned “Equal-Weight” rating by Morgan Stanley on Wednesday, January 13. The stock of Illinois Tool Works Inc. (NYSE:ITW) earned “Outperform” rating by Robert W. Baird on Thursday, April 21. The firm earned “Hold” rating on Tuesday, October 10 by J.P. Morgan. On Monday, October 9 the stock rating was maintained by Citigroup with “Buy”. The firm earned “Hold” rating on Wednesday, January 24 by BMO Capital Markets. The firm has “Outperform” rating given on Tuesday, October 24 by BMO Capital Markets. The stock of Illinois Tool Works Inc. (NYSE:ITW) earned “Buy” rating by Citigroup on Thursday, January 21. RBC Capital Markets maintained it with “Sector Perform” rating and $118 target in Monday, December 5 report.

Wendell David Associates Inc, which manages about $664.31M and $583.70 million US Long portfolio, decreased its stake in Ishares S&P Us Pfd Etf (PFF) by 40,250 shares to 115,830 shares, valued at $4.41 million in 2017Q4, according to the filing. It also reduced its holding in Johnson & Johnson (NYSE:JNJ) by 4,375 shares in the quarter, leaving it with 112,114 shares, and cut its stake in Stryker (NYSE:SYK).

More important recent Illinois Tool Works Inc. (NYSE:ITW) news were published by: Globenewswire.com which released: “ITW Board of Directors Declares Quarterly Dividend” on May 04, 2018, also Globenewswire.com published article titled: “ITW Announces Upcoming Investor Conferences”, Globenewswire.com published: “ITW Delivers $1.90 Earnings per Share, up 23%” on April 26, 2018. More interesting news about Illinois Tool Works Inc. (NYSE:ITW) was released by: Seekingalpha.com and their article: “Illinois Tool Works (ITW) Q1 2018 Results – Earnings Call Transcript” with publication date: April 26, 2018.

Since December 8, 2017, it had 0 buys, and 2 sales for $8.31 million activity. $4.99 million worth of Illinois Tool Works Inc. (NYSE:ITW) was sold by SMITH HAROLD B.

Investors sentiment increased to 0.9 in 2017 Q4. Its up 0.03, from 0.87 in 2017Q3. It is positive, as 39 investors sold ITW shares while 379 reduced holdings. 117 funds opened positions while 261 raised stakes. 229.09 million shares or 9.01% less from 251.79 million shares in 2017Q3 were reported. Murphy Pohlad Asset Mngmt Ltd Co reported 1,735 shares or 0.19% of all its holdings. First Long Island Limited Liability Company has invested 2.22% in Illinois Tool Works Inc. (NYSE:ITW). Robecosam Ag stated it has 21,719 shares. Segment Wealth Mgmt Ltd Co has invested 0.06% in Illinois Tool Works Inc. (NYSE:ITW). 31,715 are owned by Neuberger Berman Group Inc Ltd Llc. Quantum Mgmt reported 11,334 shares or 0.45% of all its holdings. Evanson Asset Ltd Llc holds 0.08% of its portfolio in Illinois Tool Works Inc. (NYSE:ITW) for 2,475 shares. Css Limited Liability Il accumulated 0.01% or 800 shares. Jpmorgan Chase & Communications owns 5.40M shares for 0.19% of their portfolio. Essex Inc holds 0.09% or 2,320 shares. Jefferies Group Ltd Liability Corp invested in 0% or 835 shares. First Personal Fincl stated it has 4,637 shares or 0.15% of all its holdings. Td Asset Management Inc owns 0.05% invested in Illinois Tool Works Inc. (NYSE:ITW) for 197,200 shares. Barbara Oil Co invested 1.6% of its portfolio in Illinois Tool Works Inc. (NYSE:ITW). Whittier Tru reported 59,668 shares.

Analysts await Microsoft Corporation (NASDAQ:MSFT) to report earnings on July, 19. They expect $1.08 earnings per share, up 10.20% or $0.10 from last year’s $0.98 per share. MSFT’s profit will be $8.30 billion for 22.59 P/E if the $1.08 EPS becomes a reality. After $0.95 actual earnings per share reported by Microsoft Corporation for the previous quarter, Wall Street now forecasts 13.68% EPS growth.

More notable recent Microsoft Corporation (NASDAQ:MSFT) news were published by: Nasdaq.com which released: “Blockchain: Party Like It’s 1999? Or 2000?” on May 21, 2018, also Nasdaq.com with their article: “Microsoft Acquires Semantic Machines for Conversational Artificial Intelligence” published on May 21, 2018, 247Wallst.com published: “Will Microsoft’s Q1 Earnings Boost Its Valuation?” on April 26, 2018. More interesting news about Microsoft Corporation (NASDAQ:MSFT) were released by: Seekingalpha.com and their article: “Microsoft 3.0: A Turnaround That Looks Real” published on May 22, 2018 as well as Seekingalpha.com‘s news article titled: “Microsoft Building Trust Along With IoT And AI” with publication date: May 10, 2018.

Since February 16, 2018, it had 0 insider buys, and 3 insider sales for $930,912 activity.

Investors sentiment decreased to 0.77 in Q4 2017. Its down 0.06, from 0.83 in 2017Q3. It dropped, as 39 investors sold MSFT shares while 1012 reduced holdings. 134 funds opened positions while 676 raised stakes. 5.46 billion shares or 0.90% less from 5.51 billion shares in 2017Q3 were reported. Cubic Asset Ltd Llc owns 126,485 shares for 3.01% of their portfolio. Old Dominion Management Inc holds 8,469 shares. Cook & Bynum Management Lc has invested 13.1% in Microsoft Corporation (NASDAQ:MSFT). 124,218 are held by Wendell David Assocs Inc. Stonehearth Mgmt Ltd Liability Co invested in 0% or 2 shares. Sequoia Advsrs Lc invested in 50,962 shares or 0.46% of the stock. Maple Capital Management invested in 4.42% or 201,110 shares. Koch Indus reported 0.06% in Microsoft Corporation (NASDAQ:MSFT). State Bank Of America De holds 78.40M shares. Brown Brothers Harriman & reported 4.65M shares. Tci Wealth Advisors Inc owns 46,547 shares. Rbf Ltd Liability Corp invested in 45,000 shares. Ionic Mngmt Ltd holds 56,780 shares or 0.2% of its portfolio. Invesco Limited reported 83.54 million shares stake. Taconic Capital Limited Partnership accumulated 4.52% or 236,000 shares.

Among 37 analysts covering Microsoft Corporation (NASDAQ:MSFT), 31 have Buy rating, 1 Sell and 5 Hold. Therefore 84% are positive. Microsoft Corporation had 185 analyst reports since July 22, 2015 according to SRatingsIntel. The stock has “Neutral” rating by Macquarie Research on Tuesday, April 26. The firm has “Buy” rating given on Monday, June 19 by Morgan Stanley. The company was maintained on Thursday, February 1 by Bernstein. Piper Jaffray maintained the shares of MSFT in report on Wednesday, January 3 with “Buy” rating. The company was maintained on Friday, January 27 by RBC Capital Markets. Tigress Financial maintained the stock with “Buy” rating in Wednesday, February 14 report. Piper Jaffray maintained Microsoft Corporation (NASDAQ:MSFT) rating on Friday, July 21. Piper Jaffray has “Buy” rating and $9000 target. As per Tuesday, November 10, the company rating was maintained by Piper Jaffray. The company was upgraded on Wednesday, January 13 by Morgan Stanley. The company was maintained on Thursday, September 3 by FBR Capital.

Microsoft Corporation (NASDAQ:MSFT) Institutional Positions Chart

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