Clinton Group Upped Its Microsoft (MSFT) Position by $4.51 Million; Shares Declined; First Trust Advisors LP Upped Its Equity Comwlth (EQC) Position by $10.17 Million

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Clinton Group Inc increased its stake in Microsoft Corp (MSFT) by 283.12% based on its latest 2018Q3 regulatory filing with the SEC. Clinton Group Inc bought 39,538 shares as the company’s stock declined 1.64% with the market. The hedge fund held 53,503 shares of the prepackaged software company at the end of 2018Q3, valued at $6.12 million, up from 13,965 at the end of the previous reported quarter. Clinton Group Inc who had been investing in Microsoft Corp for a number of months, seems to be bullish on the $789.25 billion market cap company. The stock decreased 0.77% or $0.8 during the last trading session, reaching $102.8. About 28.31M shares traded. Microsoft Corporation (NASDAQ:MSFT) has risen 30.43% since January 12, 2018 and is uptrending. It has outperformed by 30.43% the S&P500. Some Historical MSFT News: 19/03/2018 – MICROSOFT SAYS ALL SYSTEMS NOW BACK TO NORMAL; 16/04/2018 – Docutech’s Solex eVault Receives Fannie Mae Approval, MERS® eRegistry Certification; 20/03/2018 – Mellanox Simplifies Hybrid Cloud Connectivity Between Enterprises and Microsoft Azure; 05/04/2018 – MSFT: ISSUES WITH RELEASE MANAGEMENT FEATURE IN WEST EUROPE; 08/05/2018 – DELL, MICROSOFT COLLABORATE IN INTERNET OF THINGS SOLUTION; 17/04/2018 – MSFT, NFLX, GOOG: Exclusive – longtime AWS customer Netflix has begun using Google Cloud AI and compute services (previously just used Google storage). Latest sign of multi-cloud gaining steam -; 02/05/2018 – DELL, MICROSOFT PARTNER TO OFFER IOT SOLUTIONS FOR BUSINESSES; 07/05/2018 – But Microsoft did not announce a product to rival Amazon’s Alexa for Business, which was introduced in November; 29/03/2018 – Microsoft announces major reorganization; 27/03/2018 – Showpad Launches Shared Spaces to Help Sales Teams Provide a More Personalized Buyer Experience

First Trust Advisors Lp increased its stake in Equity Comwlth (EQC) by 1773.65% based on its latest 2018Q3 regulatory filing with the SEC. First Trust Advisors Lp bought 317,802 shares as the company’s stock rose 5.22% while stock markets declined. The institutional investor held 335,720 shares of the real estate investment trusts company at the end of 2018Q3, valued at $10.77 million, up from 17,918 at the end of the previous reported quarter. First Trust Advisors Lp who had been investing in Equity Comwlth for a number of months, seems to be bullish on the $3.74B market cap company. The stock increased 0.82% or $0.25 during the last trading session, reaching $30.74. About 503,285 shares traded. Equity Commonwealth (NYSE:EQC) has risen 12.63% since January 12, 2018 and is uptrending. It has outperformed by 12.63% the S&P500. Some Historical EQC News: 07/05/2018 – Equity Commonwealth 1Q EPS $1.48; 07/05/2018 – Equity Commonwealth 1Q FFO 5c/Shr; 07/05/2018 – EQUITY COMMONWEALTH 1Q NORMALIZED FFO/SHR 14C, EST. 18C; 23/03/2018 – CFO Markman Gifts 900 Of Equity Commonwealth; 14/03/2018 – EQUITY COMMONWEALTH – PRIOR REPURCHASE AUTHORIZATION WILL EXPIRE ON MARCH 15, 2018; 14/03/2018 – EQUITY COMMONWEALTH REPORTS $150M SHARE BUYBACK AUTHORIZATION; 07/05/2018 – EQUITY COMMONWEALTH 1Q REV. $58.6M; 07/05/2018 – Equity Commonwealth 1Q Normalized FFO/Shr 14c; 07/05/2018 – EQUITY COMMONWEALTH – QTRLY SAME PROPERTY NOI DECREASED 2.1%; 14/03/2018 – Equity Commonwealth Announces $150 Million Share Repurchase Authorization

First Trust Advisors Lp, which manages about $85.44B and $53.71 billion US Long portfolio, decreased its stake in General Electric Co (NYSE:GE) by 163,006 shares to 312,481 shares, valued at $3.53 million in 2018Q3, according to the filing. It also reduced its holding in Dominos Pizza Inc (NYSE:DPZ) by 1,494 shares in the quarter, leaving it with 39,112 shares, and cut its stake in Bankunited Inc (NYSE:BKU).

Among 4 analysts covering Equity Commonwealth (NYSE:EQC), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. Equity Commonwealth had 13 analyst reports since August 10, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Friday, November 6 by Stifel Nicolaus. The stock of Equity Commonwealth (NYSE:EQC) earned “Hold” rating by Stifel Nicolaus on Friday, July 14. The firm earned “Market Outperform” rating on Tuesday, May 8 by JMP Securities. The rating was upgraded by Bank of America to “Neutral” on Wednesday, September 9. The stock of Equity Commonwealth (NYSE:EQC) earned “Neutral” rating by Citigroup on Thursday, August 9. Stifel Nicolaus upgraded it to “Buy” rating and $32.0 target in Friday, February 16 report. Citigroup upgraded Equity Commonwealth (NYSE:EQC) on Monday, September 14 to “Neutral” rating. The stock of Equity Commonwealth (NYSE:EQC) has “Buy” rating given on Monday, August 15 by Bank of America. The stock of Equity Commonwealth (NYSE:EQC) has “Neutral” rating given on Thursday, September 1 by Citigroup. Citigroup upgraded the stock to “Neutral” rating in Friday, September 11 report.

More notable recent Equity Commonwealth (NYSE:EQC) news were published by: Businesswire.com which released: “Equity Commonwealth Under Contract to Sell 600 West Chicago Avenue and 1600 Market Street – Business Wire” on January 23, 2018, also Businesswire.com with their article: “Equity Commonwealth Announces Redemption of 5.75% Unsecured Notes Due 2042 – Business Wire” published on January 30, 2018, Gurufocus.com published: “What Sam Zell Is Doing in an Overvalued Market – GuruFocus.com” on May 01, 2018. More interesting news about Equity Commonwealth (NYSE:EQC) were released by: Businesswire.com and their article: “Equity Commonwealth Completes Sales of 600 West Chicago Avenue and 1600 Market Street – Business Wire” published on February 23, 2018 as well as Seekingalpha.com‘s news article titled: “Equity Commonwealth (EQC) CEO David Helfand on Q2 2018 Results – Earnings Call Transcript – Seeking Alpha” with publication date: July 31, 2018.

Investors sentiment decreased to 0.81 in Q3 2018. Its down 0.03, from 0.84 in 2018Q2. It turned negative, as 33 investors sold MSFT shares while 981 reduced holdings. 145 funds opened positions while 681 raised stakes. 5.28 billion shares or 0.60% less from 5.31 billion shares in 2018Q2 were reported. Westchester Mgmt stated it has 4.54% in Microsoft Corporation (NASDAQ:MSFT). Moon Limited Liability holds 3,855 shares. Cardinal Mngmt Inc stated it has 0.01% in Microsoft Corporation (NASDAQ:MSFT). Brouwer Janachowski Limited Liability Corporation invested in 0.09% or 4,466 shares. Stanley stated it has 0.07% in Microsoft Corporation (NASDAQ:MSFT). Wilkins Inv Counsel holds 0.23% or 6,595 shares in its portfolio. Financial Engines Limited Liability Corporation reported 277 shares. Rock Point Ltd Liability Co owns 7,705 shares for 0.39% of their portfolio. Madrona Fincl Serv Ltd Liability Corporation stated it has 19,697 shares. Lee Danner & Bass invested in 1.26% or 111,116 shares. Focused Wealth Mgmt holds 11,536 shares or 0.45% of its portfolio. Auxier Asset Management stated it has 155,570 shares. Savings Bank Of Montreal Can has invested 1.57% in Microsoft Corporation (NASDAQ:MSFT). Markston Limited Company accumulated 349,657 shares. Royal London Asset Mngmt invested 0% of its portfolio in Microsoft Corporation (NASDAQ:MSFT).

Among 38 analysts covering Microsoft Corporation (NASDAQ:MSFT), 34 have Buy rating, 1 Sell and 3 Hold. Therefore 89% are positive. Microsoft Corporation had 216 analyst reports since July 22, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Monday, June 19 by Morgan Stanley. The company was maintained on Tuesday, April 19 by Nomura. Stifel Nicolaus maintained Microsoft Corporation (NASDAQ:MSFT) rating on Monday, July 3. Stifel Nicolaus has “Buy” rating and $7300 target. The stock has “Sell” rating by Jefferies on Thursday, October 26. Oppenheimer maintained Microsoft Corporation (NASDAQ:MSFT) rating on Wednesday, December 20. Oppenheimer has “Buy” rating and $100.0 target. The firm earned “Hold” rating on Friday, January 29 by Wunderlich. The company was upgraded on Friday, October 21 by Wunderlich. The firm has “Buy” rating by Credit Suisse given on Wednesday, October 11. Deutsche Bank maintained it with “Buy” rating and $65 target in Wednesday, December 16 report. As per Monday, September 25, the company rating was maintained by KeyBanc Capital Markets.

Clinton Group Inc, which manages about $2.04 billion and $279.29M US Long portfolio, decreased its stake in Merck & Co Inc (NYSE:MRK) by 75,197 shares to 16,898 shares, valued at $1.20M in 2018Q3, according to the filing. It also reduced its holding in Udr Inc (NYSE:UDR) by 100,958 shares in the quarter, leaving it with 5,995 shares, and cut its stake in Bristol Myers Squibb Co (NYSE:BMY).

Microsoft Corporation (NASDAQ:MSFT) Institutional Positions Chart

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