Cls Investments Lifted Microsoft (MSFT) Stake by $4.27 Million; Cramer Rosenthal Mcglynn Has Trimmed Its Position in Hartford Financial Services Group Inc/The (HIG) as Stock Price Rose

January 20, 2018 - By Dolores Ford

Cls Investments Llc increased its stake in Microsoft Corp (MSFT) by 40.48% based on its latest 2017Q3 regulatory filing with the SEC. Cls Investments Llc bought 57,652 shares as the company’s stock rose 4.75% with the market. The institutional investor held 200,061 shares of the prepackaged software company at the end of 2017Q3, valued at $14.90 million, up from 142,409 at the end of the previous reported quarter. Cls Investments Llc who had been investing in Microsoft Corp for a number of months, seems to be bullish on the $694.31 billion market cap company. The stock decreased 0.11% or $0.1 during the last trading session, reaching $90. About 36.88M shares traded or 57.70% up from the average. Microsoft Corporation (NASDAQ:MSFT) has risen 34.52% since January 20, 2017 and is uptrending. It has outperformed by 17.82% the S&P500.

Cramer Rosenthal Mcglynn Llc decreased its stake in Hartford Financial Services Group Inc/The (HIG) by 5.83% based on its latest 2017Q3 regulatory filing with the SEC. Cramer Rosenthal Mcglynn Llc sold 39,320 shares as the company’s stock rose 0.12% with the market. The institutional investor held 635,695 shares of the finance company at the end of 2017Q3, valued at $35.24 million, down from 675,015 at the end of the previous reported quarter. Cramer Rosenthal Mcglynn Llc who had been investing in Hartford Financial Services Group Inc/The for a number of months, seems to be less bullish one the $19.96B market cap company. The stock decreased 0.23% or $0.13 during the last trading session, reaching $55.96. About 2.27M shares traded or 7.77% up from the average. The Hartford Financial Services Group, Inc. (NYSE:HIG) has risen 9.92% since January 20, 2017 and is uptrending. It has underperformed by 6.78% the S&P500.

Among 18 analysts covering Hartford Financial (NYSE:HIG), 10 have Buy rating, 0 Sell and 8 Hold. Therefore 56% are positive. Hartford Financial had 47 analyst reports since July 28, 2015 according to SRatingsIntel. The firm has “Overweight” rating given on Monday, October 16 by Barclays Capital. The firm has “Market Perform” rating by Wells Fargo given on Tuesday, May 17. On Thursday, July 27 the stock rating was maintained by Keefe Bruyette & Woods with “Buy”. Nomura initiated the stock with “Neutral” rating in Tuesday, January 19 report. The firm has “Buy” rating by RBC Capital Markets given on Friday, July 28. The stock of The Hartford Financial Services Group, Inc. (NYSE:HIG) earned “Buy” rating by RBC Capital Markets on Tuesday, September 5. The firm has “Buy” rating given on Wednesday, June 14 by Keefe Bruyette & Woods. Zacks upgraded The Hartford Financial Services Group, Inc. (NYSE:HIG) rating on Tuesday, September 1. Zacks has “Hold” rating and $52 target. The stock of The Hartford Financial Services Group, Inc. (NYSE:HIG) earned “Neutral” rating by Credit Suisse on Friday, January 6. The stock has “Mkt Perform” rating by FBR Capital on Monday, November 28.

Analysts await The Hartford Financial Services Group, Inc. (NYSE:HIG) to report earnings on February, 1. They expect $0.89 earnings per share, down 17.59% or $0.19 from last year’s $1.08 per share. HIG’s profit will be $317.48 million for 15.72 P/E if the $0.89 EPS becomes a reality. After $0.60 actual earnings per share reported by The Hartford Financial Services Group, Inc. for the previous quarter, Wall Street now forecasts 48.33% EPS growth.

Investors sentiment increased to 0.83 in Q3 2017. Its up 0.08, from 0.75 in 2017Q2. It increased, as 40 investors sold HIG shares while 210 reduced holdings. 63 funds opened positions while 144 raised stakes. 310.47 million shares or 1.93% less from 316.59 million shares in 2017Q2 were reported. Sector Pension Investment Board has invested 0.02% in The Hartford Financial Services Group, Inc. (NYSE:HIG). 89,083 are owned by Arrowgrass Prns (Us) Limited Partnership. Texas Permanent School Fund stated it has 100,958 shares. Lord Abbett & Company Lc reported 2.66 million shares stake. Sarasin And Ltd Liability Partnership invested in 499,678 shares or 0.56% of the stock. 369 are owned by Tower Research Limited Liability (Trc). Regentatlantic Cap holds 0.31% in The Hartford Financial Services Group, Inc. (NYSE:HIG) or 64,622 shares. Bessemer Gru Inc Inc reported 47,791 shares. Monetary Grp Inc Incorporated reported 2,760 shares stake. Virtus Investment Advisers stated it has 0.03% of its portfolio in The Hartford Financial Services Group, Inc. (NYSE:HIG). Moreover, West Oak Capital Lc has 0.04% invested in The Hartford Financial Services Group, Inc. (NYSE:HIG) for 1,068 shares. 6,900 are held by Meiji Yasuda Life Insur. Mount Vernon Associates Incorporated Md has 1.45% invested in The Hartford Financial Services Group, Inc. (NYSE:HIG) for 15,816 shares. Carret Asset Mngmt Ltd Liability Corporation holds 0.72% or 80,280 shares. Mason Street Advisors Limited Liability Company has 0.07% invested in The Hartford Financial Services Group, Inc. (NYSE:HIG).

Cramer Rosenthal Mcglynn Llc, which manages about $14.64 billion and $6.23B US Long portfolio, upped its stake in Albany International Corp (NYSE:AIN) by 63,595 shares to 405,670 shares, valued at $23.29 million in 2017Q3, according to the filing. It also increased its holding in Zimmer Biomet Holdings Inc (ZMH) by 429,635 shares in the quarter, for a total of 682,051 shares, and has risen its stake in Patterson (NASDAQ:PTEN).

Cls Investments Llc, which manages about $6.20B and $2.82B US Long portfolio, decreased its stake in Powershares Etf Tr Ii (PHB) by 125,591 shares to 229,543 shares, valued at $4.38 million in 2017Q3, according to the filing. It also reduced its holding in Ishares Tr (OEF) by 100,978 shares in the quarter, leaving it with 175,261 shares, and cut its stake in Columbia Etf Tr Ii.

Investors sentiment increased to 0.83 in 2017 Q3. Its up 0.01, from 0.82 in 2017Q2. It increased, as 40 investors sold MSFT shares while 952 reduced holdings. 114 funds opened positions while 708 raised stakes. 5.51 billion shares or 0.32% less from 5.53 billion shares in 2017Q2 were reported. Nuveen Asset Mgmt Ltd Liability Corp invested in 2.65 million shares. Spectrum Asset Mgmt (Nb Ca) reported 1.58% of its portfolio in Microsoft Corporation (NASDAQ:MSFT). Diversified Tru Com holds 12,965 shares or 0.07% of its portfolio. California-based Pure Advsrs has invested 0.12% in Microsoft Corporation (NASDAQ:MSFT). Amg Funds Lc has 0.73% invested in Microsoft Corporation (NASDAQ:MSFT) for 17,874 shares. Strategic Advsrs Ltd Liability Company holds 75,257 shares or 2.43% of its portfolio. Davis Selected Advisers reported 1.11% stake. Pggm Invests holds 0.3% or 826,661 shares. Citizens & Northern Corporation accumulated 17,296 shares. Forward Mgmt Ltd Liability Co stated it has 0.21% of its portfolio in Microsoft Corporation (NASDAQ:MSFT). Federated Investors Inc Pa owns 1.24M shares. Doheny Asset Ca holds 7,781 shares. American Money Management Limited Liability accumulated 64,952 shares. Polaris Capital Mngmt Limited Co stated it has 2.21% in Microsoft Corporation (NASDAQ:MSFT). Amundi Pioneer Asset Mgmt Inc holds 4.12% or 17.38M shares.

Since August 4, 2017, it had 0 insider buys, and 3 insider sales for $513.86 million activity. Morfit G Mason sold $507.89 million worth of stock. $4.00M worth of stock was sold by Hood Amy on Tuesday, August 29.

Among 35 analysts covering Microsoft Corporation (NASDAQ:MSFT), 29 have Buy rating, 2 Sell and 4 Hold. Therefore 83% are positive. Microsoft Corporation had 145 analyst reports since July 22, 2015 according to SRatingsIntel. The company was maintained on Friday, July 21 by Cowen & Co. The rating was maintained by Credit Suisse with “Buy” on Tuesday, September 26. The firm earned “Buy” rating on Friday, July 21 by Stifel Nicolaus. Piper Jaffray maintained the shares of MSFT in report on Tuesday, November 10 with “Overweight” rating. Bank of America maintained the shares of MSFT in report on Monday, July 17 with “Buy” rating. The stock of Microsoft Corporation (NASDAQ:MSFT) earned “Buy” rating by UBS on Friday, July 21. As per Tuesday, December 12, the company rating was maintained by Bernstein. On Friday, July 14 the stock rating was maintained by Jefferies with “Sell”. The rating was maintained by BMO Capital Markets with “Outperform” on Friday, October 21. The company was upgraded on Thursday, October 1 by Bank of America.

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