Salesforce.Com (CRM) Market Value Rose While Atalanta Sosnoff Capital Has Decreased by $587,656 Its Stake; Greenwood Capital Associates Continues to Hold Holding in Sony (SNE)

June 18, 2018 - By Ellis Scott

Sony Corporation (NYSE:SNE) Logo

Atalanta Sosnoff Capital Llc decreased its stake in Salesforce.Com Inc (CRM) by 1.44% based on its latest 2018Q1 regulatory filing with the SEC. Atalanta Sosnoff Capital Llc sold 5,066 shares as the company’s stock rose 9.70% while stock markets declined. The institutional investor held 346,338 shares of the prepackaged software company at the end of 2018Q1, valued at $40.28M, down from 351,404 at the end of the previous reported quarter. Atalanta Sosnoff Capital Llc who had been investing in Salesforce.Com Inc for a number of months, seems to be less bullish one the $103.45B market cap company. The stock increased 0.60% or $0.8345 during the last trading session, reaching $139.2445. About 1.85M shares traded. salesforce.com, inc. (NYSE:CRM) has risen 40.20% since June 18, 2017 and is uptrending. It has outperformed by 27.63% the S&P500. Some Historical CRM News: 29/05/2018 – SALESFORCE.COM SAYS FY REVENUE GUIDANCE INCLUDES ABOUT $315 MLN FROM ACQUISITION OF MULESOFT- CONF CALL; 28/03/2018 – Press release : Orange Belgium and Orange Polska partner with Salesforce and Vlocity to strengthen their Digital Transformation; 16/04/2018 – blacq: Exclusive: Salesforce in advanced talks to buy MuleSoft – sources (Reuters) -; 28/03/2018 – Adobe Steps Up AI-Powered Marketing to Take on IBM, Salesforce; 05/04/2018 – NEW DEAL: Salesforce $Benchmark 5Y +80a, 10Y +105a; 12/03/2018 – Dropbox sets valuation as high as $8 billion; Announces private placement by Salesforce ahead of IPO; 21/03/2018 – Salesforce’s pricey MuleSoft deal could force rivals to pay up for cloud software companies; 13/03/2018 – Salesforce Essentials is Here–Now Millions of Small Businesses Can Grow and lnnovate Faster on the World’s #1 CRM Platform; 30/05/2018 – QUOINE BUILDS CRYPTOCURRENCY ON SALESFORCE; 29/05/2018 – Salesforce beat estimates on revenue




Greenwood Capital Associates Llc increased its stake in Sony Corp (SNE) by 103.54% based on its latest 2018Q1 regulatory filing with the SEC. Greenwood Capital Associates Llc bought 56,827 shares as the company’s stock declined 8.88% with the market. The institutional investor held 111,710 shares of the consumer electronics and appliances company at the end of 2018Q1, valued at $5.40 million, up from 54,883 at the end of the previous reported quarter. Greenwood Capital Associates Llc who had been investing in Sony Corp for a number of months, seems to be bullish on the $61.20 billion market cap company. The stock decreased 1.97% or $0.97 during the last trading session, reaching $48.15. About 295,718 shares traded. Sony Corporation (NYSE:SNE) has risen 28.28% since June 18, 2017 and is uptrending. It has outperformed by 15.71% the S&P500. Some Historical SNE News: 09/03/2018 – FUJIFILM Corp Receives a Favorable Final Determination in United States ITC Case Against Sony Corp; 15/05/2018 – FITCH AFFIRMS DHX MEDIA’S ‘B+’ IDR FOLLOWING SONY PARTNERSHIP; 25/04/2018 – CLEARVIEW: NO LONGER CONTINUE W/ COOPERATION PACT W/ SONY LIFE; 27/04/2018 – TABLE-Sony 6758.T -2017/18 group results (SEC); 17/05/2018 – Variety: Sony Lays Off 12 at Crackle; More Cuts Likely Coming in TV, Film Units; 11/04/2018 – ‘Jumanji: Welcome To The Jungle’ Becomes The Highest-Grossing Film In Sony Pictures History; 22/05/2018 – Sony shifts mode to take control of EMI; 21/05/2018 – Sony Will Indirectly Own About 90% of EMI Music Publishing After Deal; 02/05/2018 – SINCLAIR: SONY FAIL TO COMPLY WITH SOME CONTRACTUAL PROVISIONS; 22/05/2018 – ♫ Reuters Insider – EMI deal makes Sony world’s biggest music publisher

Among 7 analysts covering Sony Corp (NYSE:SNE), 6 have Buy rating, 0 Sell and 1 Hold. Therefore 86% are positive. Sony Corp had 16 analyst reports since August 16, 2015 according to SRatingsIntel. The stock of Sony Corporation (NYSE:SNE) has “Buy” rating given on Monday, August 24 by TheStreet. Jefferies maintained it with “Buy” rating and $41.5000 target in Friday, June 9 report. On Tuesday, August 1 the stock rating was maintained by Jefferies with “Buy”. The rating was downgraded by JP Morgan to “Neutral” on Thursday, April 21. Jefferies maintained the stock with “Buy” rating in Monday, October 23 report. The firm has “Buy” rating by Nomura given on Friday, September 4. Citigroup downgraded the stock to “Neutral” rating in Monday, September 11 report. Bernstein initiated the stock with “Outperform” rating in Wednesday, April 26 report. The stock of Sony Corporation (NYSE:SNE) has “Buy” rating given on Wednesday, September 13 by Jefferies. Jefferies maintained the shares of SNE in report on Monday, February 26 with “Buy” rating.

More notable recent Sony Corporation (NYSE:SNE) news were published by: Fool.com which released: “Microsoft Is Gearing Up for the Next Console War” on June 14, 2018, also Nasdaq.com with their article: “Apple Inc. Takes Aim At Hollywood With First Feature Film” published on June 15, 2018, Finance.Yahoo.com published: “There Still Is Plenty Upside Left for Micron Technology, Inc. Stock” on June 14, 2018. More interesting news about Sony Corporation (NYSE:SNE) were released by: Livetradingnews.com and their article: “Box Office: ‘Incredibles 2’ Opens with $180-M” published on June 17, 2018 as well as Fool.com‘s news article titled: “Is This How AT&T Plans to Make DIRECTV Now Profitable?” with publication date: May 21, 2018.

Greenwood Capital Associates Llc, which manages about $970.61 million and $410.25M US Long portfolio, decreased its stake in Honeywell Intl Inc (NYSE:HON) by 2,488 shares to 41,583 shares, valued at $6.01 million in 2018Q1, according to the filing. It also reduced its holding in Mcdonalds Corp (NYSE:MCD) by 17,322 shares in the quarter, leaving it with 1,405 shares, and cut its stake in Ishares (EEM).

Since January 3, 2018, it had 5 insider buys, and 216 sales for $165.22 million activity. Benioff Marc had sold 5,000 shares worth $534,182. 143 salesforce.com, inc. (NYSE:CRM) shares with value of $17,984 were sold by Roos John Victor. On Sunday, April 22 the insider Robbins Cynthia G. sold $55,626. Conway Craig had sold 250 shares worth $27,713 on Tuesday, January 16. $1.23 million worth of salesforce.com, inc. (NYSE:CRM) was sold by BLOCK KEITH. On Monday, April 2 the insider Martinez Maria sold $4.99 million.

Atalanta Sosnoff Capital Llc, which manages about $2.46B and $3.00B US Long portfolio, upped its stake in Monster Beverage Corp New by 545,050 shares to 550,330 shares, valued at $31.49M in 2018Q1, according to the filing. It also increased its holding in Valero Energy Corp (NYSE:VLO) by 6,400 shares in the quarter, for a total of 10,400 shares, and has risen its stake in Dollar General Corp (NYSE:DG).

Investors sentiment increased to 1.44 in Q1 2018. Its up 0.25, from 1.19 in 2017Q4. It increased, as 48 investors sold CRM shares while 254 reduced holdings. 132 funds opened positions while 304 raised stakes. 608.53 million shares or 0.05% more from 608.21 million shares in 2017Q4 were reported. Blair William Il accumulated 982,393 shares. Parallax Volatility Advisers Limited Partnership reported 86,340 shares. Conning owns 18,284 shares or 0.07% of their US portfolio. Parsons Management Ri has 23,180 shares. Utah-based Utah Retirement has invested 0.32% in salesforce.com, inc. (NYSE:CRM). Piedmont Invest Advsrs Limited Liability Company, a North Carolina-based fund reported 102,963 shares. Raab & Moskowitz Asset Mgmt Ltd stated it has 0.47% in salesforce.com, inc. (NYSE:CRM). Nuveen Asset Mgmt Ltd Limited Liability Company reported 23,337 shares. Nordea Investment Mngmt accumulated 66,061 shares. Shikiar Asset Mgmt holds 3.01% or 56,895 shares. Covington Advsr owns 44,945 shares for 1.68% of their portfolio. 1.08M were reported by Manufacturers Life Insur Com The. 254,609 were reported by Windward Capital Mgmt Ca. Suffolk Cap Mngmt Ltd Liability Corp holds 102,753 shares or 1.69% of its portfolio. Boothbay Fund Management Ltd Co reported 0.25% of its portfolio in salesforce.com, inc. (NYSE:CRM).

Among 57 analysts covering Salesforce.com (NYSE:CRM), 51 have Buy rating, 0 Sell and 6 Hold. Therefore 89% are positive. Salesforce.com had 249 analyst reports since August 21, 2015 according to SRatingsIntel. The stock of salesforce.com, inc. (NYSE:CRM) has “Buy” rating given on Friday, August 28 by Roth Capital. Wunderlich maintained salesforce.com, inc. (NYSE:CRM) on Thursday, September 1 with “Buy” rating. On Thursday, November 19 the stock rating was maintained by UBS with “Buy”. The firm earned “Buy” rating on Wednesday, August 23 by FBN Securities. Robert W. Baird maintained it with “Outperform” rating and $150 target in Wednesday, May 30 report. The stock has “Outperform” rating by Credit Suisse on Thursday, March 1. The stock has “Buy” rating by Bank of America on Saturday, August 22. As per Wednesday, May 30, the company rating was maintained by Wells Fargo. As per Friday, September 4, the company rating was maintained by William Blair. The stock of salesforce.com, inc. (NYSE:CRM) has “Buy” rating given on Wednesday, November 22 by Goldman Sachs.

Analysts await salesforce.com, inc. (NYSE:CRM) to report earnings on August, 28. They expect $0.12 EPS, up 33.33% or $0.03 from last year’s $0.09 per share. CRM’s profit will be $89.15 million for 290.09 P/E if the $0.12 EPS becomes a reality. After $0.52 actual EPS reported by salesforce.com, inc. for the previous quarter, Wall Street now forecasts -76.92% negative EPS growth.

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