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1St Source Bank Decreased Stake in Microsoft (MSFT) by $321,810 as Market Value Rose; As Apple Com (AAPL) Market Value Declined, Bridges Investment Counsel Has Lowered Stake

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1St Source Bank decreased its stake in Microsoft Corp (MSFT) by 2.33% based on its latest 2017Q4 regulatory filing with the SEC. 1St Source Bank sold 3,786 shares as the company’s stock rose 4.63% while stock markets declined. The institutional investor held 158,627 shares of the prepackaged software company at the end of 2017Q4, valued at $13.57 million, down from 162,413 at the end of the previous reported quarter. 1St Source Bank who had been investing in Microsoft Corp for a number of months, seems to be less bullish one the $753.68 billion market cap company. The stock decreased 0.57% or $0.565 during the last trading session, reaching $98.095. About 12.02 million shares traded. Microsoft Corporation (NASDAQ:MSFT) has risen 37.43% since May 24, 2017 and is uptrending. It has outperformed by 25.88% the S&P500.

Bridges Investment Counsel Inc decreased its stake in Apple Inc Com (AAPL) by 5.83% based on its latest 2017Q4 regulatory filing with the SEC. Bridges Investment Counsel Inc sold 2,370 shares as the company’s stock declined 3.81% with the market. The institutional investor held 38,307 shares of the computer manufacturing company at the end of 2017Q4, valued at $6.48 million, down from 40,677 at the end of the previous reported quarter. Bridges Investment Counsel Inc who had been investing in Apple Inc Com for a number of months, seems to be less bullish one the $925.23B market cap company. The stock decreased 0.06% or $0.12 during the last trading session, reaching $188.24. About 11.44M shares traded. Apple Inc. (NASDAQ:AAPL) has risen 19.49% since May 24, 2017 and is uptrending. It has outperformed by 7.94% the S&P500.

Analysts await Apple Inc. (NASDAQ:AAPL) to report earnings on August, 7. They expect $2.19 earnings per share, up 31.14% or $0.52 from last year’s $1.67 per share. AAPL’s profit will be $10.76B for 21.49 P/E if the $2.19 EPS becomes a reality. After $2.73 actual earnings per share reported by Apple Inc. for the previous quarter, Wall Street now forecasts -19.78% negative EPS growth.

More notable recent Apple Inc. (NASDAQ:AAPL) news were published by: Livetradingnews.com which released: “Apple Inc. (NASDAQ:AAPL) Heffx Stock Technicals” on May 23, 2018, also Nasdaq.com with their article: “Trump’s Preoccupation With Cutting the Trade Deficit Will Lead to Recession” published on May 23, 2018, Nasdaq.com published: “5 Niche Tech ETFs Hitting All-Time Highs” on May 24, 2018. More interesting news about Apple Inc. (NASDAQ:AAPL) were released by: Benzinga.com and their article: “Morgan Stanley Finds Flavor In Apple’s Services, Raises PT” published on May 24, 2018 as well as Fool.com‘s news article titled: “Apple Is Slipping Further Away From This 5-Year-Old Prediction” with publication date: May 23, 2018.

Since December 7, 2017, it had 0 buys, and 10 sales for $47.05 million activity. 15,641 shares were sold by Riccio Daniel J., worth $2.73 million. Shares for $2.90M were sold by WILLIAMS JEFFREY E. 38,228 shares valued at $6.75M were sold by AHRENDTS ANGELA J on Thursday, May 3. 4,867 shares were sold by KONDO CHRIS, worth $910,129 on Wednesday, May 16. SCHILLER PHILIP W sold 69,491 shares worth $11.56 million. LEVINSON ARTHUR D also sold $6.51 million worth of Apple Inc. (NASDAQ:AAPL) shares.

Among 56 analysts covering Apple Inc. (NASDAQ:AAPL), 37 have Buy rating, 1 Sell and 18 Hold. Therefore 66% are positive. Apple Inc. had 416 analyst reports since July 21, 2015 according to SRatingsIntel. BMO Capital Markets initiated the stock with “Outperform” rating in Friday, December 11 report. Piper Jaffray maintained Apple Inc. (NASDAQ:AAPL) rating on Friday, September 11. Piper Jaffray has “Buy” rating and $172 target. The company was maintained on Tuesday, August 25 by Global Equities Research. The rating was maintained by Canaccord Genuity on Thursday, July 6 with “Buy”. The firm has “Outperform” rating by Macquarie Research given on Tuesday, August 11. BMO Capital Markets maintained it with “Buy” rating and $17000 target in Wednesday, July 12 report. The rating was maintained by Goldman Sachs with “Buy” on Wednesday, October 26. As per Friday, September 11, the company rating was maintained by Mizuho. On Tuesday, March 21 the stock rating was maintained by Bernstein with “Outperform”. The company was maintained on Wednesday, March 1 by BTIG Research.

Bridges Investment Counsel Inc, which manages about $710.77M and $181.27M US Long portfolio, upped its stake in Vanguard Ftse All (VEU) by 9,745 shares to 75,175 shares, valued at $4.11M in 2017Q4, according to the filing.

Investors sentiment increased to 0.73 in 2017 Q4. Its up 0.03, from 0.7 in 2017Q3. It increased, as 50 investors sold AAPL shares while 1023 reduced holdings. 151 funds opened positions while 637 raised stakes. 2.98 billion shares or 0.18% more from 2.97 billion shares in 2017Q3 were reported. Dana Inv Advsr holds 273,567 shares or 2.01% of its portfolio. Crossvault Cap Mgmt Ltd Liability Corp accumulated 65,279 shares or 5.83% of the stock. University Of Texas Inv Managment holds 0.44% in Apple Inc. (NASDAQ:AAPL) or 673 shares. Clifford Swan Inv Counsel Ltd Co holds 3.15% or 341,341 shares in its portfolio. Muhlenkamp & Inc invested 7.29% in Apple Inc. (NASDAQ:AAPL). Chelsea Counsel Com invested in 53,179 shares. Fuller And Thaler Asset Management reported 81,488 shares stake. Koch Industries holds 3,460 shares. Natixis has invested 1.89% of its portfolio in Apple Inc. (NASDAQ:AAPL). Outfitter Advsrs Ltd holds 15,838 shares. Dupont Capital Mgmt holds 566,487 shares or 2.19% of its portfolio. Moreover, Mackenzie Financial has 0.82% invested in Apple Inc. (NASDAQ:AAPL) for 2.00M shares. First Quadrant Limited Partnership Ca holds 2.6% or 817,578 shares. 94,510 are owned by Foster & Motley. Camarda Fincl Advisors Ltd Com invested 3.29% in Apple Inc. (NASDAQ:AAPL).

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 rating was maintained by Jefferies on Monday, September 25 with “Sell”. The firm earned “Outperform” rating on Wednesday, January 11 by Wells Fargo. The firm earned “Buy” rating on Friday, March 16 by Cowen & Co. The firm has “Overweight” rating by JP Morgan given on Friday, April 27. The firm earned “Outperform” rating on Tuesday, May 24 by Cowen & Co. On Tuesday, July 18 the stock rating was maintained by Goldman Sachs with “Buy”. The firm earned “Buy” rating on Wednesday, October 11 by Credit Suisse. The firm has “Hold” rating given on Friday, January 29 by Wunderlich. Bank of America maintained Microsoft Corporation (NASDAQ:MSFT) on Monday, July 17 with “Buy” rating. The stock has “Outperform” rating by Oppenheimer on Thursday, March 17.

Since February 16, 2018, it had 0 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. Inv Prns Ltd Oh Adv owns 2.32% invested in Microsoft Corporation (NASDAQ:MSFT) for 36,593 shares. Carroll Financial Associates Inc holds 207,720 shares or 1.94% of its portfolio. Marathon Trading Investment Mgmt Ltd Limited Liability Company has invested 0.03% of its portfolio in Microsoft Corporation (NASDAQ:MSFT). Old Mutual Customised Solutions (Proprietary) Ltd holds 3.53% or 403,554 shares in its portfolio. Gator Capital Mgmt Ltd Co owns 12,000 shares. 365,335 are owned by Stephens Ar. Cape Cod Five Cents Savings Bank accumulated 166,975 shares or 2.14% of the stock. The Massachusetts-based Winslow Evans And Crocker Inc has invested 1.86% in Microsoft Corporation (NASDAQ:MSFT). Torch Wealth Mgmt Ltd Liability holds 0.67% or 12,771 shares. 66,126 were accumulated by Union Bank Corp. Cambridge Financial Incorporated has 86,354 shares for 3.65% of their portfolio. Orleans Mngmt La holds 31,373 shares. Mcf Advisors Ltd Liability, a Kentucky-based fund reported 18,960 shares. Tnb has invested 3.07% in Microsoft Corporation (NASDAQ:MSFT). Envestnet Asset Mgmt Incorporated accumulated 1.51M shares.

Microsoft Corporation (NASDAQ:MSFT) Institutional Positions Chart

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