Merrill Lynch Reiterated Microsoft (MSFT) As Buy; Has Target Price Of $83.0000, Caesars Acquisition Co (CACQ) Has 1.21 Sentiment

July 17, 2017 - By Peter Erickson

Among 30 analysts covering Microsoft Corporation (NASDAQ:MSFT), 25 have Buy rating, 1 Sell and 4 Hold. Therefore 83% are positive. Microsoft Corporation has $80 highest and $20 lowest target. $67’s average target is -8.13% below currents $72.93 stock price. Microsoft Corporation had 87 analyst reports since July 22, 2015 according to SRatingsIntel. Citigroup upgraded it to “Neutral” rating and $65 target in Friday, January 27 report. Morgan Stanley maintained the stock with “Buy” rating in Monday, June 19 report. As per Friday, October 21, the company rating was maintained by BMO Capital Markets. As per Tuesday, November 10, the company rating was maintained by Piper Jaffray. The stock of Microsoft Corporation (NASDAQ:MSFT) has “Hold” rating given on Wednesday, July 22 by Wunderlich. The stock has “Strong Buy” rating by Raymond James on Monday, November 30. The rating was maintained by UBS with “Buy” on Friday, October 23. As per Wednesday, June 14, the company rating was maintained by Cowen & Co. The firm earned “Buy” rating on Thursday, August 13 by Stifel Nicolaus. The firm earned “Overweight” rating on Wednesday, January 13 by Morgan Stanley.

Caesars Acquisition Company owns voting membership units of Caesars Growth Partners, LLC (CGP LLC), a joint venture between CAC and subsidiaries of Caesars Entertainment Corporation (CEC or Caesars Entertainment). The company has market cap of $2.68 billion. CAC serves as CGP LLC’s managing member and sole holder of its outstanding voting units. It has a 4.35 P/E ratio. CGP LLC is a casino asset and entertainment company.

Since January 30, 2017, it had 0 insider purchases, and 14 sales for $2.55 billion activity. GATES WILLIAM H III also sold $130.22 million worth of Microsoft Corporation (NASDAQ:MSFT) shares. On Monday, January 30 BROD FRANK H sold $490,125 worth of Microsoft Corporation (NASDAQ:MSFT) or 7,500 shares. Morfit G Mason sold 4.62 million shares worth $297.28M. Capossela Christopher C had sold 4,927 shares worth $338,709 on Wednesday, May 24. COURTOIS JEAN PHILIPPE had sold 26,694 shares worth $1.84M.

Analysts await Microsoft Corporation (NASDAQ:MSFT) to report earnings on July, 20 after the close. They expect $0.71 earnings per share, up 2.90% or $0.02 from last year’s $0.69 per share. MSFT’s profit will be $5.56 billion for 25.68 P/E if the $0.71 EPS becomes a reality. After $0.73 actual earnings per share reported by Microsoft Corporation for the previous quarter, Wall Street now forecasts -2.74% negative EPS growth.

Microsoft Corporation is a technology company. The company has market cap of $570.99 billion. The Firm develops, licenses, and supports a range of software products, services and devices. It has a 32.16 P/E ratio. The Company’s divisions include Productivity and Business Processes, Intelligent Cloud and More Personal Computing.

Investors sentiment increased to 0.95 in Q4 2016. Its up 0.11, from 0.84 in 2016Q3. It is positive, as 49 investors sold Microsoft Corporation shares while 897 reduced holdings. 155 funds opened positions while 739 raised stakes. 5.51 billion shares or 2.12% more from 5.39 billion shares in 2016Q3 were reported. Aperio Lc holds 1.71% or 3.60 million shares. Stephens Investment Mgmt Grp Limited Company holds 0% or 987 shares. Anson Funds Management Lp holds 319,787 shares or 6.22% of its portfolio. London Of Virginia owns 3.46 million shares or 1.47% of their US portfolio. Cap World Invsts holds 5.17% of its portfolio in Microsoft Corporation (NASDAQ:MSFT) for 330.64M shares. David R Rahn And Incorporated holds 27,411 shares or 1.3% of its portfolio. Badgley Phelps And Bell Inc holds 1.67% of its portfolio in Microsoft Corporation (NASDAQ:MSFT) for 309,417 shares. Natl Planning invested in 71,018 shares. First Personal Fincl Svcs holds 1.3% or 79,210 shares in its portfolio. 338,315 are held by Veritas Inv Mngmt (Uk). Heritage Invsts Mgmt Corp invested 2.15% in Microsoft Corporation (NASDAQ:MSFT). Johnson Fincl Gru holds 1.82% or 179,933 shares in its portfolio. North Amer Management holds 192,787 shares or 2% of its portfolio. Garrison Financial Corp, a Arkansas-based fund reported 4,432 shares. Raymond James Advsr invested 1.29% in Microsoft Corporation (NASDAQ:MSFT).

About 46,375 shares traded. Microsoft Corporation (NASDAQ:MSFT) has risen 34.52% since July 17, 2016 and is uptrending. It has outperformed by 17.82% the S&P500.

Since January 1, 0001, it had 0 buys, and 6 insider sales for $1.84 million activity.

Stepstone Group Lp holds 27.26% of its portfolio in Caesars Acquisition Company for 1.67 million shares. Apollo Management Holdings L.P. owns 28.00 million shares or 10.1% of their US portfolio. Moreover, Starwood Capital Group Management L.L.C. has 9.73% invested in the company for 2.55 million shares. The New York-based Marathon Asset Management Lp has invested 7.58% in the stock. Silver Point Capital L.P., a Connecticut-based fund reported 1.60 million shares.

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