Hornbeck Offshore Services (HOS) Stock Value Declined While New Generation Advisors Decreased Its Stake by $579,458; Microsoft (MSFT) Holder Chase Investment Counsel Lowered Holding

December 7, 2017 - By Adrian Erickson

Chase Investment Counsel Corp decreased its stake in Microsoft Corp (MSFT) by 7.19% based on its latest 2017Q2 regulatory filing with the SEC. Chase Investment Counsel Corp sold 6,370 shares as the company’s stock rose 4.75% with the market. The institutional investor held 82,240 shares of the prepackaged software company at the end of 2017Q2, valued at $5.67 million, down from 88,610 at the end of the previous reported quarter. Chase Investment Counsel Corp who had been investing in Microsoft Corp for a number of months, seems to be less bullish one the $634.37B market cap company. The stock decreased 0.66% or $0.55 during the last trading session, reaching $82.23. About 2.61 million shares traded. Microsoft Corporation (NASDAQ:MSFT) has risen 34.52% since December 7, 2016 and is uptrending. It has outperformed by 17.82% the S&P500.

New Generation Advisors Llc decreased its stake in Hornbeck Offshore Services Inc (HOS) by 54.95% based on its latest 2017Q2 regulatory filing with the SEC. New Generation Advisors Llc sold 289,729 shares as the company’s stock declined 45.49% while stock markets rallied. The hedge fund held 237,555 shares of the marine transportation company at the end of 2017Q2, valued at $672,000, down from 527,284 at the end of the previous reported quarter. New Generation Advisors Llc who had been investing in Hornbeck Offshore Services Inc for a number of months, seems to be less bullish one the $121.90 million market cap company. The stock increased 1.23% or $0.04 during the last trading session, reaching $3.29. About 18,624 shares traded. Hornbeck Offshore Services, Inc. (NYSE:HOS) has declined 71.10% since December 7, 2016 and is downtrending. It has underperformed by 87.80% the S&P500.




Among 35 analysts covering Microsoft Corporation (NASDAQ:MSFT), 29 have Buy rating, 2 Sell and 4 Hold. Therefore 83% are positive. Microsoft Corporation had 135 analyst reports since July 22, 2015 according to SRatingsIntel. The rating was upgraded by Stifel Nicolaus on Thursday, August 13 to “Buy”. Tigress Financial upgraded Microsoft Corporation (NASDAQ:MSFT) on Monday, January 23 to “Buy” rating. The firm has “Hold” rating given on Wednesday, September 13 by Canaccord Genuity. The company was upgraded on Thursday, October 1 by Bank of America. As per Friday, October 21, the company rating was maintained by BMO Capital Markets. As per Wednesday, July 20, the company rating was maintained by Wunderlich. On Thursday, August 27 the stock rating was downgraded by Vetr to “Strong-Buy”. The rating was maintained by M Partners on Friday, July 21 with “Hold”. The stock of Microsoft Corporation (NASDAQ:MSFT) has “Buy” rating given on Monday, August 7 by Credit Suisse. Vetr upgraded Microsoft Corporation (NASDAQ:MSFT) rating on Wednesday, September 2. Vetr has “Strong-Buy” rating and $47.60 target.

Investors sentiment decreased to 0.82 in 2017 Q2. Its down 0.02, from 0.84 in 2017Q1. It worsened, as 39 investors sold MSFT shares while 982 reduced holdings. 132 funds opened positions while 703 raised stakes. 5.53 billion shares or 0.72% more from 5.49 billion shares in 2017Q1 were reported. 15.37 million are owned by Credit Suisse Ag. Moreover, Checchi Cap Advisers Llc has 0.57% invested in Microsoft Corporation (NASDAQ:MSFT) for 76,375 shares. Putnam Investments Ltd Liability Corp, a Massachusetts-based fund reported 17.72M shares. Raymond James Na invested in 1.99% or 386,979 shares. Sfe Counsel accumulated 15,875 shares. Dekabank Deutsche Girozentrale accumulated 4.05M shares or 2.22% of the stock. 64,462 are owned by Bridges Inv Mgmt. Citadel Advsrs Lc holds 0.34% of its portfolio in Microsoft Corporation (NASDAQ:MSFT) for 5.83 million shares. 107,811 are held by Macguire Cheswick Tuttle Counsel Ltd Llc. Moreover, Beacon Finance Grp has 0.35% invested in Microsoft Corporation (NASDAQ:MSFT). Daiwa Sb Invests Ltd holds 3.58% of its portfolio in Microsoft Corporation (NASDAQ:MSFT) for 190,310 shares. Everence Mngmt accumulated 157,119 shares or 2.66% of the stock. Iowa Comml Bank holds 2.94% or 89,151 shares. The Israel-based Menora Mivtachim Limited has invested 0.01% in Microsoft Corporation (NASDAQ:MSFT). Kemper Master Retirement Tru invested in 3.67% or 85,700 shares.

More notable recent Microsoft Corporation (NASDAQ:MSFT) news were published by: Investorplace.com which released: “Microsoft Corporation Quietly Gives Up Smartphones” on November 21, 2017, also Investorplace.com with their article: “Why Microsoft Corporation Stock Is More Reliable than Apple Inc. Stock” published on November 27, 2017, Benzinga.com published: “Disney, GM, Microsoft, Trinity: ‘Fast Money’ Picks For December 7” on December 07, 2017. More interesting news about Microsoft Corporation (NASDAQ:MSFT) were released by: Livetradingnews.com and their article: “Microsoft Corporation (NASDAQ:MSFT) Further to Fall” published on December 05, 2017 as well as Investorplace.com‘s news article titled: “Is Microsoft Corporation Seeing a Top in Facebook and Selling $240M Stake?” with publication date: November 17, 2017.

Chase Investment Counsel Corp, which manages about $422.50M and $205.97 million US Long portfolio, upped its stake in Burlington Stores Inc (NYSE:BURL) by 29,086 shares to 40,551 shares, valued at $3.73 million in 2017Q2, according to the filing. It also increased its holding in Amazon Com Inc (NASDAQ:AMZN) by 1,272 shares in the quarter, for a total of 7,373 shares, and has risen its stake in Masco Corp (NYSE:MAS).

Analysts await Microsoft Corporation (NASDAQ:MSFT) to report earnings on January, 25. They expect $0.86 earnings per share, up 3.61% or $0.03 from last year’s $0.83 per share. MSFT’s profit will be $6.63 billion for 23.90 P/E if the $0.86 EPS becomes a reality. After $0.84 actual earnings per share reported by Microsoft Corporation for the previous quarter, Wall Street now forecasts 2.38% EPS growth.

Investors sentiment decreased to 0.38 in Q2 2017. Its down 0.82, from 1.2 in 2017Q1. It is negative, as 59 investors sold HOS shares while 26 reduced holdings. 21 funds opened positions while 11 raised stakes. 29.77 million shares or 22.32% less from 38.32 million shares in 2017Q1 were reported. 141,836 are owned by Element Capital Mngmt Ltd Liability Corp. 1,000 were accumulated by Creative Planning. Vertex One Asset Mngmt holds 175,200 shares. 96,455 are held by Lmr Prns Ltd Liability Partnership. Schwab Charles Inv Mngmt holds 67,426 shares. Moreover, Goldman Sachs Group Inc has 0% invested in Hornbeck Offshore Services, Inc. (NYSE:HOS) for 117,476 shares. 200,600 are held by Balyasny Asset Management Ltd Liability Corporation. Caspian Lp holds 758,800 shares or 0.25% of its portfolio. Northern Trust Corporation owns 102,662 shares. Lionstone Cap Mgmt Limited Liability Com owns 737,790 shares for 1.06% of their portfolio. Captrust Advisors has invested 0% of its portfolio in Hornbeck Offshore Services, Inc. (NYSE:HOS). Teachers Retirement Systems Of The State Of Kentucky reported 8,400 shares or 0% of all its holdings. Raging Mgmt Limited Liability Corporation holds 0.85% or 1.59M shares. Tudor Et Al invested 0% in Hornbeck Offshore Services, Inc. (NYSE:HOS). State Street Corp invested 0% in Hornbeck Offshore Services, Inc. (NYSE:HOS).

Among 12 analysts covering Hornbeck Offshore (NYSE:HOS), 1 have Buy rating, 2 Sell and 9 Hold. Therefore 8% are positive. Hornbeck Offshore had 19 analyst reports since August 5, 2015 according to SRatingsIntel. Clarckson Platou upgraded the stock to “Neutral” rating in Friday, May 13 report. The stock has “Equal-Weight” rating by Barclays Capital on Wednesday, April 20. The firm earned “Equal-Weight” rating on Wednesday, April 20 by Morgan Stanley. The company was maintained on Thursday, October 6 by Cowen & Co. Howard Weil maintained it with “Sector Outperform” rating and $12 target in Friday, February 19 report. The rating was downgraded by Clarkson Platou on Tuesday, March 8 to “Sell”. On Wednesday, August 5 the stock rating was maintained by Cowen & Co with “Outperform”. Stephens downgraded Hornbeck Offshore Services, Inc. (NYSE:HOS) on Wednesday, March 9 to “Underweight” rating. The firm has “Equal-Weight” rating given on Wednesday, May 11 by Stephens. KeyBanc Capital Markets initiated the stock with “Sector Weight” rating in Friday, October 9 report.

Analysts await Hornbeck Offshore Services, Inc. (NYSE:HOS) to report earnings on February, 21. They expect $-0.74 EPS, down 39.62% or $0.21 from last year’s $-0.53 per share. After $-0.51 actual EPS reported by Hornbeck Offshore Services, Inc. for the previous quarter, Wall Street now forecasts 45.10% negative EPS growth.

More notable recent Hornbeck Offshore Services, Inc. (NYSE:HOS) news were published by: Fool.com which released: “Liquidity Warnings Send Hornbeck Offshore Services, Inc.’s Stock Plunging” on February 16, 2017, also Seekingalpha.com with their article: “Hornbeck Offshore Services Is Facing The Ugly Truth; Competitors Should, Too” published on October 02, 2017, Seekingalpha.com published: “Investing In Hornbeck May Bring Handsome Returns” on November 23, 2017. More interesting news about Hornbeck Offshore Services, Inc. (NYSE:HOS) were released by: Seekingalpha.com and their article: “Hornbeck Offshore Services: Wee Glimmers In The Gloom And Doom” published on April 20, 2017 as well as Seekingalpha.com‘s news article titled: “Hornbeck Offshore Retires $200 Million Of Its 2019 Convertible Notes At A …” with publication date: June 21, 2017.

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