Edge Wealth Management Has Trimmed Microsoft (MSFT) Position By $2.67 Million; Conagra Brands (CAG) Shorts Lowered By 8.86%

Microsoft Corporation (NASDAQ:MSFT) Logo

Conagra Brands Inc (NYSE:CAG) had a decrease of 8.86% in short interest. CAG’s SI was 8.29 million shares in May as released by FINRA. Its down 8.86% from 9.10M shares previously. With 3.59 million avg volume, 2 days are for Conagra Brands Inc (NYSE:CAG)’s short sellers to cover CAG’s short positions. The SI to Conagra Brands Inc’s float is 2.07%. The stock increased 1.04% or $0.39 during the last trading session, reaching $37.75. About 2.35 million shares traded. Conagra Brands, Inc. (NYSE:CAG) has declined 3.63% since May 31, 2017 and is downtrending. It has underperformed by 16.20% the S&P500.

Edge Wealth Management Llc decreased Microsoft Corp (MSFT) stake by 15.56% reported in 2018Q1 SEC filing. Edge Wealth Management Llc sold 29,313 shares as Microsoft Corp (MSFT)’s stock rose 3.08%. The Edge Wealth Management Llc holds 159,104 shares with $14.52 million value, down from 188,417 last quarter. Microsoft Corp now has $760.25 billion valuation. The stock increased 0.96% or $0.94 during the last trading session, reaching $98.95. About 19.56 million shares traded. Microsoft Corporation (NASDAQ:MSFT) has risen 41.28% since May 31, 2017 and is uptrending. It has outperformed by 28.71% the S&P500.

More recent Conagra Brands, Inc. (NYSE:CAG) news were published by: Seekingalpha.com which released: “Pinnacle-ConAgra merger speculation picks up again” on May 21, 2018. Also Seekingalpha.com published the news titled: “Lamb Weston: It Might Be Time To Take Profits” on May 29, 2018. 247Wallst.com‘s news article titled: “Jefferies Top Value Buys May Be the Best Second-Half Stock Plays” with publication date: May 30, 2018 was also an interesting one.

Among 14 analysts covering ConAgra Foods (NYSE:CAG), 9 have Buy rating, 0 Sell and 5 Hold. Therefore 64% are positive. ConAgra Foods had 50 analyst reports since September 16, 2015 according to SRatingsIntel. On Friday, June 16 the stock rating was maintained by Jefferies with “Buy”. The firm has “Underperform” rating given on Tuesday, March 21 by Bernstein. Jefferies maintained Conagra Brands, Inc. (NYSE:CAG) on Tuesday, October 3 with “Buy” rating. UBS maintained the stock with “Neutral” rating in Friday, March 23 report. RBC Capital Markets maintained it with “Buy” rating and $45.0 target in Friday, September 29 report. As per Monday, June 26, the company rating was maintained by RBC Capital Markets. The firm has “Overweight” rating given on Wednesday, April 6 by JP Morgan. The firm has “Neutral” rating by Citigroup given on Friday, April 8. As per Thursday, July 6, the company rating was maintained by Jefferies. As per Thursday, December 14, the company rating was upgraded by Bernstein.

Conagra Brands, Inc., together with its subsidiaries, operates as a food firm in North America. The company has market cap of $14.86 billion. The firm operates through Grocery & Snacks, Refrigerated & Frozen, International, and Foodservice divisions. It has a 17.65 P/E ratio. The Grocery & Snacks segment primarily offers shelf stable food products in various retail channels in the United States.

Since January 4, 2018, it had 0 buys, and 4 sales for $1.76 million activity. The insider BUTLER STEPHEN G sold $449,618. 6,046 shares were sold by MARSHALL RUTH ANN, worth $216,810 on Monday, March 26. Wise Robert G sold $877,536 worth of stock or 23,170 shares.

Investors sentiment increased to 0.82 in Q1 2018. Its up 0.04, from 0.78 in 2017Q4. It is positive, as 42 investors sold Conagra Brands, Inc. shares while 210 reduced holdings. 60 funds opened positions while 146 raised stakes. 286.92 million shares or 4.99% less from 301.99 million shares in 2017Q4 were reported. Private Advisor Group Ltd Llc invested in 22,754 shares or 0.03% of the stock. Architects Inc holds 0% of its portfolio in Conagra Brands, Inc. (NYSE:CAG) for 270 shares. 23,412 are held by Meiji Yasuda Asset Mngmt Company Ltd. The Nevada-based Whittier Company Of Nevada Inc has invested 0.01% in Conagra Brands, Inc. (NYSE:CAG). Zeke Cap Advsr Ltd Liability Corp invested in 0.08% or 23,327 shares. Argyle Mngmt Incorporated holds 52,745 shares or 0.77% of its portfolio. Fisher Asset Management Limited Liability Corp holds 0% of its portfolio in Conagra Brands, Inc. (NYSE:CAG) for 9,323 shares. Fund owns 254,370 shares. Boyer & Corporon Wealth Management Lc holds 1.57% or 100,080 shares in its portfolio. Bp Public Limited Liability Corp has 46,000 shares for 0.06% of their portfolio. Vident Inv Advisory Limited Liability Corporation reported 22,007 shares. Brown Brothers Harriman And Company stated it has 0% of its portfolio in Conagra Brands, Inc. (NYSE:CAG). Chicago Equity Limited Liability Company has 110,460 shares for 0.13% of their portfolio. 2.78M were accumulated by Invesco. Nordea Invest Mngmt holds 0% or 28,422 shares.

Since February 16, 2018, it had 0 insider purchases, and 3 selling transactions for $930,912 activity. Shares for $279,912 were sold by Capossela Christopher C.

Investors sentiment decreased to 0.74 in 2018 Q1. Its down 0.03, from 0.77 in 2017Q4. It dropped, as 49 investors sold MSFT shares while 1035 reduced holdings. 142 funds opened positions while 665 raised stakes. 5.38 billion shares or 1.45% less from 5.46 billion shares in 2017Q4 were reported. Campbell Newman Asset Mngmt holds 283,340 shares. Magnetar Financial Ltd Liability Corporation owns 5,573 shares for 0.01% of their portfolio. Delta Asset Mngmt Tn stated it has 580,722 shares. Chickasaw Cap Mngmt Ltd has invested 0.02% of its portfolio in Microsoft Corporation (NASDAQ:MSFT). Eubel Brady Suttman Asset reported 113,411 shares stake. 19,405 were accumulated by Pring Turner Cap Group. Sumitomo Life Insurance owns 230,898 shares for 2.79% of their portfolio. Pathstone Family Office Limited Com, a New Jersey-based fund reported 2,614 shares. Chase Investment Counsel owns 66,171 shares or 3.13% of their US portfolio. Cubic Asset Limited Liability Co has 121,930 shares for 3.14% of their portfolio. Spirit Of America Mgmt Corp New York has 0.43% invested in Microsoft Corporation (NASDAQ:MSFT). Pinnacle has 211,538 shares for 1.96% of their portfolio. Putnam Investments reported 17.48 million shares stake. City Com Fl, Florida-based fund reported 63,282 shares. 165,000 are owned by Discovery Capital Mgmt Limited Liability Co Ct.

More notable recent Microsoft Corporation (NASDAQ:MSFT) news were published by: Nasdaq.com which released: “Microsoft Corporation Stock Offers the Best of Both Worlds” on May 31, 2018, also Seekingalpha.com with their article: “Is It Too Late To Buy Microsoft?” published on May 28, 2018, Nasdaq.com published: “Is Apple’s Mysterious “Star” a Hybrid Laptop or a Cheaper iPhone?” on May 30, 2018. More interesting news about Microsoft Corporation (NASDAQ:MSFT) were released by: Seekingalpha.com and their article: “Microsoft tops Alphabet’s market cap” published on May 30, 2018 as well as Seekingalpha.com‘s news article titled: “Microsoft 3.0: A Turnaround That Looks Real” with publication date: May 22, 2018.

Among 37 analysts covering Microsoft Corporation (NASDAQ:MSFT), 31 have Buy rating, 1 Sell and 5 Hold. Therefore 84% are positive. Microsoft Corporation has $130 highest and $20 lowest target. $92.04’s average target is -6.98% below currents $98.95 stock price. Microsoft Corporation had 186 analyst reports since July 22, 2015 according to SRatingsIntel. William Blair initiated Microsoft Corporation (NASDAQ:MSFT) on Tuesday, July 19 with “Market Perform” rating. The stock of Microsoft Corporation (NASDAQ:MSFT) has “Overweight” rating given on Friday, October 23 by Barclays Capital. Canaccord Genuity maintained the stock with “Hold” rating in Thursday, July 6 report. The firm earned “Buy” rating on Wednesday, September 27 by Bernstein. The firm earned “Buy” rating on Tuesday, October 31 by Cowen & Co. The firm has “Hold” rating by Wunderlich given on Wednesday, July 22. BMO Capital Markets maintained Microsoft Corporation (NASDAQ:MSFT) on Wednesday, January 31 with “Buy” rating. Atlantic Securities upgraded Microsoft Corporation (NASDAQ:MSFT) on Thursday, November 10 to “Neutral” rating. JP Morgan maintained Microsoft Corporation (NASDAQ:MSFT) rating on Thursday, January 25. JP Morgan has “Neutral” rating and $87 target. RBC Capital Markets maintained the shares of MSFT in report on Thursday, February 1 with “Buy” rating.

Analysts await Microsoft Corporation (NASDAQ:MSFT) to report earnings on July, 19. They expect $1.08 EPS, up 10.20% or $0.10 from last year’s $0.98 per share. MSFT’s profit will be $8.30B for 22.91 P/E if the $1.08 EPS becomes a reality. After $0.95 actual EPS reported by Microsoft Corporation for the previous quarter, Wall Street now forecasts 13.68% EPS growth.

Microsoft Corporation (NASDAQ:MSFT) Institutional Positions Chart