Beach Investment Management Stake in Microsoft (MSFT) Has Cut as Market Value Rose; Johnson & Johnson (JNJ) Market Value Declined While Pettee Investors Has Lowered Its Stake by $1.38 Million

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Pettee Investors Inc decreased its stake in Johnson & Johnson (JNJ) by 7.39% based on its latest 2018Q4 regulatory filing with the SEC. Pettee Investors Inc sold 10,688 shares as the company’s stock declined 5.44% while stock markets rallied. The institutional investor held 133,959 shares of the major pharmaceuticals company at the end of 2018Q4, valued at $17.29 million, down from 144,647 at the end of the previous reported quarter. Pettee Investors Inc who had been investing in Johnson & Johnson for a number of months, seems to be less bullish one the $367.52 billion market cap company. The stock decreased 1.00% or $1.39 during the last trading session, reaching $138.02. About 7.70 million shares traded. Johnson & Johnson (NYSE:JNJ) has risen 8.80% since March 15, 2018 and is uptrending. It has outperformed by 4.43% the S&P500. Some Historical JNJ News: 26/04/2018 – Johnson & Johnson Raises Quarterly Dividend to 90c Vs. 84c; 20/03/2018 – DOMINIC J. CARUSO TO RETIRE AS CHIEF FINANCIAL OFFICER OF JOHNSON & JOHNSON; 29/03/2018 – Fitch Cites Johnson & Johnson’s Consistent Operating and Financial Performance for ‘AAA’ Rating; 17/04/2018 – J&J JNJ.N REAFFIRMS FY 2018 ADJUSTED SHR VIEW $8.00 TO $8.20; 14/05/2018 – J&J defends itself in trial over baby powder asbestos claims; 23/03/2018 – CMO Today: Facebook Latest; Google’s GDPR Plans; J&J Creates New Creative Agency Structure; 12/04/2018 – INVOKANA® (canagliflozin) Demonstrated Significant Renal Protective Benefits in Patients with Type 2 Diabetes Mellitus and Chronic Kidney Disease; 17/04/2018 – Johnson & Johnson Raises Sales Outlook; 02/04/2018 – Fidelity Growth Discovery Adds DowDuPont, Exits J&J; 11/04/2018 – JOHNSON & JOHNSON JNJ.N , IMERYS SA IMTP.PA SUBSIDIARY ORDERED TO PAY $80 MLN IN PUNITIVE DAMAGES IN NEW JERSEY CASE BLAMING TALC FOR MESOTHELIOMA -COURTROOM VIDEO

Beach Investment Management Llc decreased its stake in Microsoft (MSFT) by 25.77% based on its latest 2018Q4 regulatory filing with the SEC. Beach Investment Management Llc sold 5,950 shares as the company’s stock rose 1.03% with the market. The institutional investor held 17,140 shares of the prepackaged software company at the end of 2018Q4, valued at $1.74M, down from 23,090 at the end of the previous reported quarter. Beach Investment Management Llc who had been investing in Microsoft for a number of months, seems to be less bullish one the $879.16B market cap company. The stock increased 0.08% or $0.09 during the last trading session, reaching $114.59. About 29,047 shares traded. Microsoft Corporation (NASDAQ:MSFT) has risen 20.90% since March 15, 2018 and is uptrending. It has outperformed by 16.53% the S&P500. Some Historical MSFT News: 05/03/2018 – MICROSOFT: LONG-RUNNING OPERATIONS DELAYED BY UP TO TWO HOURS; 11/05/2018 – Harvard Endowment Goes All-In on Apple, Microsoft and Google; 07/03/2018 – BluChip Solutions, an ITPS Company, Partners with 2 of the Largest Universities in the Country to Launch Microsoft Office 365 P; 15/03/2018 – ZENSAR TECHNOLOGIES LTD ZENT.NS – EXTENDS CO’S MANAGED PARTNER RELATIONSHIP WITH MICROSOFT IN SOUTH AFRICA; 05/04/2018 – The move is expected to reduce concerns of tech giants like Microsoft using knowledge of their customers’ market to compete with them; 14/03/2018 – Microsoft is planning to open its first data centers in the Middle East in 2019; 04/04/2018 – The Morning Download: Microsoft Collaboration Tools Gain Share Amid Shift to Cloud; 13/03/2018 – Reputation.com Introduces First Social Media Platform Optimized for Multi-location Brands; 08/05/2018 – Microsoft Patch Tuesday, May 2018 Edition; 30/04/2018 – MICROSOFT’S THOMPSON: WOULD BACK DEALS TO CONNECT CLOUD, USERS

More notable recent Microsoft Corporation (NASDAQ:MSFT) news were published by: Nasdaq.com which released: “Microsoft Corporation (MSFT) Ex-Dividend Date Scheduled for February 20, 2019 – Nasdaq” on February 19, 2019, also 247Wallst.com with their article: “Why Microsoft Is Likely to Be Worth Over $1 Trillion – 24/7 Wall St.” published on February 25, 2019, Benzinga.com published: “Sony (NYSE:SNE) Zaps Take-Two (NASDAQ:TTWO) M&A Rumor; BofA Says Company Seems Pricey – Benzinga” on March 14, 2019. More interesting news about Microsoft Corporation (NASDAQ:MSFT) were released by: Nasdaq.com and their article: “Friday’s Vital Data: Baidu, Roku and Microsoft – Nasdaq” published on February 22, 2019 as well as Nasdaq.com‘s news article titled: “Technology Sector Update for 03/04/2019: MGIC, GRMN, SAIC, MSFT, AAPL, IBM, CSCO, GOOG – Nasdaq” with publication date: March 04, 2019.

Analysts await Microsoft Corporation (NASDAQ:MSFT) to report earnings on April, 25. They expect $1.00 EPS, up 5.26% or $0.05 from last year’s $0.95 per share. MSFT’s profit will be $7.67 billion for 28.65 P/E if the $1.00 EPS becomes a reality. After $1.10 actual EPS reported by Microsoft Corporation for the previous quarter, Wall Street now forecasts -9.09% negative EPS growth.

Since October 26, 2018, it had 0 insider buys, and 8 insider sales for $58.46 million activity. Nadella Satya sold 267,466 shares worth $28.35M. The insider BROD FRANK H sold $2.15M. Hogan Kathleen T also sold $4.06M worth of Microsoft Corporation (NASDAQ:MSFT) on Thursday, November 8.

Investors sentiment increased to 0.94 in 2018 Q4. Its up 0.13, from 0.81 in 2018Q3. It is positive, as 55 investors sold MSFT shares while 925 reduced holdings. 168 funds opened positions while 758 raised stakes. 5.48 billion shares or 3.82% more from 5.28 billion shares in 2018Q3 were reported. Moreover, Norris Perne French Llp Mi has 4.76% invested in Microsoft Corporation (NASDAQ:MSFT). Meridian Investment Counsel has 27,236 shares. Moreover, Citigroup Incorporated has 0.62% invested in Microsoft Corporation (NASDAQ:MSFT) for 6.03 million shares. Pinnacle Advisory Gru Incorporated holds 0.05% of its portfolio in Microsoft Corporation (NASDAQ:MSFT) for 7,052 shares. Hodges Cap Inc holds 0.55% of its portfolio in Microsoft Corporation (NASDAQ:MSFT) for 48,471 shares. Ironwood Invest Mgmt Ltd Llc invested in 4,127 shares. Moreover, Bridges Investment Mgmt Incorporated has 2.08% invested in Microsoft Corporation (NASDAQ:MSFT) for 436,458 shares. Shamrock Asset Limited Liability Com reported 3.75% of its portfolio in Microsoft Corporation (NASDAQ:MSFT). Pennsylvania-based Berkshire Asset Mngmt Lc Pa has invested 2.7% in Microsoft Corporation (NASDAQ:MSFT). Fairview Invest Limited Liability Co reported 29,545 shares. Professional Advisory Serv holds 3.03% or 133,943 shares in its portfolio. Richard C Young & reported 0.42% in Microsoft Corporation (NASDAQ:MSFT). Cap Inv Advisors Ltd Liability Corporation has 0.64% invested in Microsoft Corporation (NASDAQ:MSFT) for 94,902 shares. Usa Portformulas holds 120,376 shares. Oregon Employees Retirement Fund invested in 169.99 million shares.

Investors sentiment decreased to 0.86 in Q4 2018. Its down 0.19, from 1.05 in 2018Q3. It dropped, as 51 investors sold JNJ shares while 851 reduced holdings. 145 funds opened positions while 631 raised stakes. 1.79 billion shares or 5.17% more from 1.70 billion shares in 2018Q3 were reported. Los Angeles Cap Mgmt Equity Rech Incorporated invested in 1.66 million shares or 1.33% of the stock. River And Mercantile Asset Ltd Liability Partnership accumulated 68,594 shares. Edgemoor owns 1.01% invested in Johnson & Johnson (NYSE:JNJ) for 52,703 shares. Mai Cap Mgmt holds 181,402 shares. Capital Guardian Trust Company has invested 0.11% in Johnson & Johnson (NYSE:JNJ). Verity & Verity Limited Liability Corp invested 2.57% of its portfolio in Johnson & Johnson (NYSE:JNJ). Girard Ptnrs Ltd reported 66,681 shares. Raymond James Tru Na owns 158,114 shares. Van Strum Towne reported 4.16% stake. Boltwood reported 1.05% in Johnson & Johnson (NYSE:JNJ). Stratos Wealth Ltd has invested 0.9% in Johnson & Johnson (NYSE:JNJ). Night Owl Management holds 0.16% of its portfolio in Johnson & Johnson (NYSE:JNJ) for 2,930 shares. Campbell Newman Asset Management Inc stated it has 31,004 shares. Cedar Hill Limited Liability Corporation reported 0.19% stake. Nordea Invest Mngmt Ab has invested 2.74% in Johnson & Johnson (NYSE:JNJ).

Analysts await Johnson & Johnson (NYSE:JNJ) to report earnings on April, 16. They expect $2.10 EPS, up 1.94% or $0.04 from last year’s $2.06 per share. JNJ’s profit will be $5.59 billion for 16.43 P/E if the $2.10 EPS becomes a reality. After $1.97 actual EPS reported by Johnson & Johnson for the previous quarter, Wall Street now forecasts 6.60% EPS growth.

Since November 7, 2018, it had 3 insider buys, and 6 selling transactions for $74.45 million activity. Duato Joaquin sold $5.77M worth of stock. The insider PEREZ WILLIAM D bought $133,910. PRINCE CHARLES bought $268,731 worth of Johnson & Johnson (NYSE:JNJ) on Friday, December 14. Gorsky Alex sold $38.60 million worth of Johnson & Johnson (NYSE:JNJ) on Friday, November 16. $24.41 million worth of Johnson & Johnson (NYSE:JNJ) was sold by Fasolo Peter. Sneed Michael E had sold 30,943 shares worth $4.41 million on Friday, November 23.

Pettee Investors Inc, which manages about $116.14M and $141.05M US Long portfolio, upped its stake in Zoetis (NYSE:ZTS) by 4,345 shares to 9,620 shares, valued at $823,000 in 2018Q4, according to the filing.

Microsoft Corporation (NASDAQ:MSFT) Institutional Positions Chart