American Trust Investment Advisors Cut By $716,157 Its Microsoft (MSFT) Stake; Summit Materials, Inc. (SUM) Had 1 Bulls

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American Trust Investment Advisors Llc decreased Microsoft Corp (MSFT) stake by 20.1% reported in 2019Q1 SEC filing. American Trust Investment Advisors Llc sold 6,121 shares as Microsoft Corp (MSFT)’s stock rose 6.56%. The American Trust Investment Advisors Llc holds 24,339 shares with $2.87 million value, down from 30,460 last quarter. Microsoft Corp now has $ valuation. The stock increased 1.83% or $2.45 during the last trading session, reaching $136.13. About 25.03M shares traded or 2.63% up from the average. Microsoft Corporation (NASDAQ:MSFT) has risen 29.33% since August 18, 2018 and is uptrending. It has outperformed by 29.33% the S&P500. Some Historical MSFT News: 09/04/2018 - Amazon spent nearly $23 billion on R&D last year - more than any other U.S. company. It’s followed in spending by: ✅ Alphabet - $16.6 billion ✅ Intel - $13.1 billion ✅ Microsoft - $12.3 billion ✅ Apple - $11; 03/05/2018 - INVIVO Communications Inc. Accepted into the Microsoft Mixed Reality Partner Program (MRPP); 10/05/2018 - Microsoft Lobbyist Chavez Is Said to Leave for Role at Google; 26/04/2018 - MICROSOFT - QTRLY REVENUE IN INTELLIGENT CLOUD WAS $7.9 BLN AND INCREASED 17%; 17/04/2018 - Supreme Court Drops Microsoft Email Fight With New Law in Place; 29/03/2018 - Microsoft Windows Chief Myerson Out, New Focus on ‘Edge Computing’ — Barron’s Blog; 19/04/2018 - PCL Construction and Microsoft are Building Smart; 27/04/2018 - Microsoft opened nearly 4% up Friday, the day after a first-quarter earnings beat. via @cnbctech; 26/04/2018 - MICROSOFT SEES 4Q INTELLIGENT CLOUD REV. $8.95B-$9.15B; 30/05/2018 - Microsoft gets ahead in the cloud

Among 4 analysts covering Summit Materials (NYSE:SUM), 1 have Buy rating, 0 Sell and 3 Hold. Therefore 25% are positive. Summit Materials has $21 highest and $18 lowest target. $19.25’s average target is -2.28% below currents $19.7 stock price. Summit Materials had 9 analyst reports since March 6, 2019 according to SRatingsIntel. The firm has “Hold” rating by J.P. Morgan given on Thursday, March 21. Jefferies maintained the shares of SUM in report on Wednesday, March 6 with “Buy” rating. See Summit Materials, Inc. (NYSE:SUM) latest ratings:

06/06/2019 Broker: BidaskScore Rating: Sell Downgrade
21/05/2019 Broker: BidaskScore Rating: Buy Upgrade
03/05/2019 Broker: BidaskScore Rating: Buy Upgrade
20/04/2019 Broker: BidaskScore Rating: Hold Upgrade
03/04/2019 Broker: Berenberg Rating: Hold New Target: $18 Initiates Coverage On
21/03/2019 Broker: J.P. Morgan Rating: Hold New Target: $19 Initiate
21/03/2019 Broker: JP Morgan Rating: Neutral New Target: $19 Initiates Coverage On
15/03/2019 Broker: BidaskScore Rating: Hold Downgrade
06/03/2019 Broker: Jefferies Rating: Buy New Target: $21 Maintain

More notable recent Microsoft Corporation (NASDAQ:MSFT) news were published by: Nasdaq.com which released: “The Status of Microsoft Stock Should Rise - Nasdaq” on August 12, 2019, also Nasdaq.com with their article: “Microsoft Corporation (MSFT) Ex-Dividend Date Scheduled for August 14, 2019 - Nasdaq” published on August 13, 2019, Nasdaq.com published: “Here is Why Growth Investors Should Buy Microsoft (MSFT) Now - Nasdaq” on July 23, 2019. More interesting news about Microsoft Corporation (NASDAQ:MSFT) were released by: Nasdaq.com and their article: “Why Is Microsoft (MSFT) Down 0.2% Since Last Earnings Report? - Nasdaq” published on August 17, 2019 as well as Nasdaq.com‘s news article titled: “Noteworthy Thursday Option Activity: GS, COST, MSFT - Nasdaq” with publication date: August 15, 2019.

Analysts await Microsoft Corporation (NASDAQ:MSFT) to report earnings on October, 23. They expect $1.24 EPS, up 8.77% or $0.10 from last year’s $1.14 per share. After $1.37 actual EPS reported by Microsoft Corporation for the previous quarter, Wall Street now forecasts -9.49% negative EPS growth.

Investors sentiment decreased to 0.91 in 2019 Q1. Its down 0.03, from 0.94 in 2018Q4. It is negative, as 64 investors sold MSFT shares while 922 reduced holdings. 159 funds opened positions while 742 raised stakes. 5.41 billion shares or 1.21% less from 5.48 billion shares in 2018Q4 were reported. Davidson Kempner Capital LP holds 0.32% or 100,000 shares in its portfolio. Ht Prtnrs Ltd Liability Corporation reported 0.33% in Microsoft Corporation (NASDAQ:MSFT). Riverbridge Prtnrs Ltd Liability Corp holds 1.83% in Microsoft Corporation (NASDAQ:MSFT) or 799,519 shares. Quantum Capital owns 11,530 shares or 0.73% of their US portfolio. Valley Advisers Incorporated accumulated 78,723 shares. George Kaiser Family Foundation invested in 0.92% or 22,533 shares. Legg Mason Asset (Japan) Communications Limited stated it has 8,100 shares or 1.12% of all its holdings. Advisors Asset Mgmt Inc owns 978,401 shares or 2.05% of their US portfolio. Brown Advisory owns 9.17M shares. Endurance Wealth Management owns 25,113 shares or 0.48% of their US portfolio. Emerald Mutual Fund Advisers Tru invested in 4,677 shares. Verus Partners Inc accumulated 4,290 shares or 0.18% of the stock. Tctc Holdings Lc has invested 3.51% in Microsoft Corporation (NASDAQ:MSFT). Sphera Funds Limited accumulated 61,397 shares. Texas Bancorp Tx owns 4,114 shares.

Among 17 analysts covering Microsoft (NASDAQ:MSFT), 15 have Buy rating, 1 Sell and 1 Hold. Therefore 88% are positive. Microsoft has $16300 highest and $90 lowest target. $147.53’s average target is 8.37% above currents $136.13 stock price. Microsoft had 29 analyst reports since February 21, 2019 according to SRatingsIntel. The firm has “Buy” rating given on Thursday, February 21 by Morgan Stanley. The rating was maintained by KeyBanc Capital Markets on Thursday, April 25 with “Overweight”. The firm has “Overweight” rating by Barclays Capital given on Thursday, April 25. The stock of Microsoft Corporation (NASDAQ:MSFT) has “Buy” rating given on Friday, March 22 by Credit Suisse. The firm earned “Outperform” rating on Friday, July 12 by Wells Fargo. Wedbush maintained the stock with “Buy” rating in Monday, February 25 report. Deutsche Bank maintained the shares of MSFT in report on Thursday, April 25 with “Buy” rating. The firm has “Overweight” rating given on Friday, July 19 by Morgan Stanley. The firm has “Neutral” rating by Citigroup given on Friday, July 19. UBS maintained it with “Buy” rating and $15000 target in Thursday, April 25 report.

Summit Materials, Inc., together with its subsidiaries, produces and sells construction materials and related downstream products. The company has market cap of $2.21 billion. The Company’s products include aggregates, cement, ready-mixed concrete, asphalt paving mixes, and concrete products. It has a 116.57 P/E ratio. The firm also provides paving and related services to private and public infrastructure sectors.

Microsoft Corporation (NASDAQ:MSFT) Institutional Positions Chart

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