Rwwm Cut Microsoft (MSFT) Position; 3 Analysts Bullish Stantec Inc. (TSE:STN)

September 25, 2017 - By Maria Brooks

Among 9 analysts covering Stantec Inc. (TSE:STN), 3 have Buy rating, 0 Sell and 6 Hold. Therefore 33% are positive. Stantec Inc. had 32 analyst reports since July 22, 2015 according to SRatingsIntel. The stock has “Outperform” rating by Scotia Capital on Friday, February 24. The firm has “Sector Perform” rating by RBC Capital Markets given on Thursday, June 22. National Bank Canada maintained the shares of STN in report on Monday, May 2 with “Sector Perform” rating. The firm has “Hold” rating given on Friday, June 3 by Desjardins Securities. The rating was maintained by Raymond James on Tuesday, March 21 with “Outperform”. The stock has “Sector Perform” rating by Scotia Capital on Monday, November 28. Dundee Securities upgraded the shares of STN in report on Tuesday, September 8 to “Buy” rating. The firm earned “Sector Perform” rating on Wednesday, July 22 by RBC Capital Markets. See Stantec Inc. (TSE:STN) latest ratings:

22/06/2017 Broker: RBC Capital Markets Rating: Sector Perform New Target: $34.00 Maintain
12/05/2017 Broker: RBC Capital Markets Rating: Sector Perform Old Target: $36.00 New Target: $34.00 Target Down

Rwwm Inc decreased Microsoft Corp (MSFT) stake by 2.18% reported in 2017Q2 SEC filing. Rwwm Inc sold 18,124 shares as Microsoft Corp (MSFT)’s stock rose 4.75%. The Rwwm Inc holds 814,506 shares with $56.14 million value, down from 832,630 last quarter. Microsoft Corp now has $564.27 billion valuation. The stock rose 0.14% or $0.1 reaching $73.36. About 24.05M shares traded or 30.28% up from the average. Microsoft Corporation (NASDAQ:MSFT) has risen 34.52% since September 25, 2016 and is uptrending. It has outperformed by 17.82% the S&P500.

Investors sentiment increased to 1.6 in 2017 Q2. Its up 0.72, from 0.88 in 2017Q1. It increased, as 6 investors sold Stantec Inc. shares while 24 reduced holdings. 7 funds opened positions while 41 raised stakes. 64.45 million shares or 3.40% less from 66.72 million shares in 2017Q1 were reported. Aperio Gru Ltd Liability accumulated 8,767 shares. Pub Sector Pension Board stated it has 0.14% in Stantec Inc. (TSE:STN). Jones Collombin Invest Counsel Inc has invested 2.31% in Stantec Inc. (TSE:STN). Manufacturers Life Ins The has invested 0.05% in Stantec Inc. (TSE:STN). Cibc Mkts Inc holds 280,609 shares. 5.34M were accumulated by Franklin Res. Agf Invests Inc has 0.16% invested in Stantec Inc. (TSE:STN) for 554,718 shares. Comml Bank Of Ny Mellon Corporation, a New York-based fund reported 11,636 shares. North Carolina-based Natl Bank Of America De has invested 0% in Stantec Inc. (TSE:STN). Fmr Lc holds 4.97 million shares. Connor Clark & Lunn Invest Limited invested in 220,212 shares. Montrusco Bolton Investments reported 608,749 shares. Credit Suisse Ag holds 0% or 64,876 shares. Royal Bankshares Of Canada, a Ontario – Canada-based fund reported 8.03M shares. Teachers Retirement Sys Of The State Of Kentucky reported 0.09% stake.

The stock increased 0.38% or $0.13 on September 25, reaching $34.78. About 137,451 shares traded. Stantec Inc. (TSE:STN) has 0.00% since September 25, 2016 and is . It has underperformed by 16.70% the S&P500.

Stantec Inc. is a provider of professional services in the area of infrastructure and facilities for clients in the public and private sectors. The company has market cap of $3.96 billion. The Company’s operates through four divisions Consulting Services-Canada, Consulting Services-United States, Consulting Services-Global and Construction Services. It has a 33.61 P/E ratio. The Company’s services include engineering, architecture, interior design, landscape architecture, surveying, environmental sciences, construction services, project management, and project economics, from initial project concept and planning through to design, construction, commissioning, maintenance, decommissioning and remediation.

Analysts await Microsoft Corporation (NASDAQ:MSFT) to report earnings on October, 19. They expect $0.74 EPS, down 2.63% or $0.02 from last year’s $0.76 per share. MSFT’s profit will be $5.69 billion for 24.78 P/E if the $0.74 EPS becomes a reality. After $0.98 actual EPS reported by Microsoft Corporation for the previous quarter, Wall Street now forecasts -24.49% negative EPS growth.

Since May 1, 2017, it had 0 insider purchases, and 8 insider sales for $1.04 billion activity. Another trade for 3,000 shares valued at $207,339 was made by Capossela Christopher C on Tuesday, May 16. $1.84M worth of Microsoft Corporation (NASDAQ:MSFT) was sold by COURTOIS JEAN PHILIPPE. The insider GATES WILLIAM H III sold 3.00M shares worth $207.65 million. Morfit G Mason had sold 7.00M shares worth $481.95 million.

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