// AST – IMS - [DMinute_ROS]

As Microsoft (MSFT) Valuation Rose, Holder Roffman Miller Associates Has Trimmed by $963,536 Its Position; Norfolk Southern (NSC) Holder First Mercantile Trust Co Has Decreased Its Position by $496,941

Norfolk Southern Corporation (NYSE:NSC) Logo

Roffman Miller Associates Inc decreased its stake in Microsoft Corp (MSFT) by 2.56% based on its latest 2018Q2 regulatory filing with the SEC. Roffman Miller Associates Inc sold 9,832 shares as the company’s stock rose 10.77% with the market. The institutional investor held 374,029 shares of the prepackaged software company at the end of 2018Q2, valued at $36.88M, down from 383,861 at the end of the previous reported quarter. Roffman Miller Associates Inc who had been investing in Microsoft Corp for a number of months, seems to be less bullish one the $833.02B market cap company. The stock decreased 3.18% or $3.57 during the last trading session, reaching $108.52. About 45.10 million shares traded or 32.13% up from the average. Microsoft Corporation (NASDAQ:MSFT) has risen 49.58% since December 5, 2017 and is uptrending. It has outperformed by 33.96% the S&P500. Some Historical MSFT News: 17/05/2018 – Even multibillionaires like Microsoft co-founder Bill Gates have their weaknesses; 14/03/2018 – Monaco Joins the Enterprise Ethereum Alliance; 24/04/2018 – DENMARK’S SAXO BANK SAYS HAS ENTERED INTO A STRATEGIC PARTNERSHIP WITH MICROSOFT WITH THE AIM OF RUNNING ITS TECHNOLOGY STACK ON THE MICROSOFT CLOUD; 17/04/2018 – US Supreme Court rules that Microsoft email privacy dispute is moot; 10/04/2018 – FIS Named “Best of Challenge” in 2018 PYMNTS.com Voice Challenge with Amazon Alexa; 27/03/2018 – L3 Technologies Selects Microsoft Azure Government in Strategic Cloud Initiative; 19/04/2018 – Cramer tracks the ‘very close’ race to $1 trillion between Apple, Amazon, Alphabet and Microsoft; 26/04/2018 – TimeXtender Discovery Hub® is Now Microsoft Azure Certified; 16/05/2018 – MICROSOFT SAYS TRANSFORMATIVE AGREEMENT WORTH “POTENTIALLY HUNDREDS OF MILLIONS OF DOLLARS” OVER SIX YEARS; 20/04/2018 – DJ Microsoft Corporation, Inst Holders, 1Q 2018 (MSFT)

First Mercantile Trust Co decreased its stake in Norfolk Southern Corp (NSC) by 84.38% based on its latest 2018Q2 regulatory filing with the SEC. First Mercantile Trust Co sold 3,291 shares as the company’s stock rose 15.46% with the market. The institutional investor held 609 shares of the railroads company at the end of 2018Q2, valued at $92,000, down from 3,900 at the end of the previous reported quarter. First Mercantile Trust Co who had been investing in Norfolk Southern Corp for a number of months, seems to be less bullish one the $45.18 billion market cap company. The stock decreased 3.65% or $6.29 during the last trading session, reaching $165.89. About 2.48M shares traded or 12.96% up from the average. Norfolk Southern Corporation (NYSE:NSC) has risen 40.63% since December 5, 2017 and is uptrending. It has outperformed by 25.01% the S&P500. Some Historical NSC News: 09/05/2018 – Norfolk Southern partners with Plug and Play to drive innovation in supply chain logistics; 18/04/2018 – Norfolk Southern Closes Above 50-Day Moving Average: Technicals; 21/03/2018 – CFO Earhart Gifts 135 Of Norfolk Southern Corp; 16/03/2018 – DOT STB: Case Title: NORFOLK SOUTHERN RAILWAY COMPANY-ABANDONMENT EXEMPTION-IN AURORA, PORTAGE COUNTY, OHIO; 05/04/2018 – Railway Track: Norfolk Southern safety train to visit 23 cities in 15 states; 25/04/2018 – NORFOLK SOUTHERN 1Q EPS $1.93, EST. $1.77; 25/04/2018 – Norfolk Southern 1Q EPS $1.93; 07/05/2018 – Norfolk Southern submits comments responding to FRA request for information on automation; 06/03/2018 Norfolk Southern rolls out next-generation AccessNS online customer portal; 25/04/2018 – NORFOLK SOUTHERN CORP – QTRLY MERCHANDISE REVENUE $1,605 MLN VS $1,584 MLN

Among 31 analysts covering Norfolk Southern Corp. (NYSE:NSC), 12 have Buy rating, 4 Sell and 15 Hold. Therefore 39% are positive. Norfolk Southern Corp. had 124 analyst reports since July 28, 2015 according to SRatingsIntel. UBS maintained the stock with “Buy” rating in Thursday, July 26 report. RBC Capital Markets maintained Norfolk Southern Corporation (NYSE:NSC) rating on Tuesday, January 9. RBC Capital Markets has “Sell” rating and $137.0 target. Cowen & Co maintained Norfolk Southern Corporation (NYSE:NSC) on Thursday, January 28 with “Outperform” rating. The stock of Norfolk Southern Corporation (NYSE:NSC) earned “Hold” rating by Robert W. Baird on Thursday, October 5. Cowen & Co maintained the shares of NSC in report on Monday, October 5 with “Outperform” rating. Barclays Capital upgraded it to “Equal-Weight” rating and $95 target in Monday, December 7 report. As per Thursday, October 29, the company rating was maintained by RBC Capital Markets. As per Thursday, July 6, the company rating was maintained by RBC Capital Markets. The firm has “Sell” rating given on Tuesday, August 29 by RBC Capital Markets. Barclays Capital maintained Norfolk Southern Corporation (NYSE:NSC) rating on Monday, April 11. Barclays Capital has “Equal-Weight” rating and $88 target.

Investors sentiment increased to 0.8 in 2018 Q2. Its up 0.05, from 0.75 in 2018Q1. It is positive, as 40 investors sold NSC shares while 370 reduced holdings. 92 funds opened positions while 236 raised stakes. 194.66 million shares or 2.02% less from 198.67 million shares in 2018Q1 were reported. Pennsylvania-based Janney Montgomery Scott Lc has invested 0.08% in Norfolk Southern Corporation (NYSE:NSC). Meag Munich Ergo Kapitalanlagegesellschaft Mbh reported 21,629 shares stake. Signature Financial Mngmt accumulated 28,232 shares. Bancorp Of America De holds 0.15% or 6.19M shares. Skylands Cap Ltd invested 1.71% in Norfolk Southern Corporation (NYSE:NSC). City Company holds 10,981 shares. Moreover, Finemark Natl Bank And has 0.02% invested in Norfolk Southern Corporation (NYSE:NSC) for 2,386 shares. Cadinha Com Lc has 0.06% invested in Norfolk Southern Corporation (NYSE:NSC). Hartford Mngmt invested in 39,045 shares or 0.18% of the stock. Zwj Counsel reported 5,695 shares. Arizona State Retirement stated it has 0.14% of its portfolio in Norfolk Southern Corporation (NYSE:NSC). Arrow has 1,330 shares for 0.05% of their portfolio. Thompson Davis Company holds 0.11% or 300 shares in its portfolio. Northern Trust Corporation has invested 0.18% in Norfolk Southern Corporation (NYSE:NSC). Cornerstone Advsr has invested 0.14% of its portfolio in Norfolk Southern Corporation (NYSE:NSC).

More notable recent Norfolk Southern Corporation (NYSE:NSC) news were published by: Investorplace.com which released: “3 Transportation Stocks Set to Beat Q3 Earnings Expectations – Investorplace.com” on November 13, 2018, also Forbes.com with their article: “What Factors Drive Our $194 Price Estimate For Norfolk Southern – Forbes” published on November 05, 2018, Bizjournals.com published: “Downtown’s historic Gulch deal gets greenlight – Atlanta Business Chronicle” on November 06, 2018. More interesting news about Norfolk Southern Corporation (NYSE:NSC) were released by: Bizjournals.com and their article: “Cousins Properties buys land to develop Norfolk Southern Midtown headquarters – Atlanta Business Chronicle” published on November 20, 2018 as well as Benzinga.com‘s news article titled: “Norfolk Souther Corporation (NYSE:NSC), CSX Corporation (NYSE:CSX) – The Word On Norfolk Southern: Wait Until February – Benzinga” with publication date: October 24, 2018.

Analysts await Norfolk Southern Corporation (NYSE:NSC) to report earnings on January, 23. They expect $2.33 EPS, up 37.87% or $0.64 from last year’s $1.69 per share. NSC’s profit will be $634.57 million for 17.80 P/E if the $2.33 EPS becomes a reality. After $2.52 actual EPS reported by Norfolk Southern Corporation for the previous quarter, Wall Street now forecasts -7.54% negative EPS growth.

Since August 13, 2018, it had 0 insider buys, and 3 insider sales for $6.41 million activity. The insider Wheeler Michael Joseph sold $138,216. 34,077 shares were sold by Squires James A, worth $5.85M.

First Mercantile Trust Co, which manages about $500.63M US Long portfolio, upped its stake in Q2 Holdings Inc (NYSE:QTWO) by 7,153 shares to 9,018 shares, valued at $515,000 in 2018Q2, according to the filing. It also increased its holding in Costco Wholesale Corp (NASDAQ:COST) by 3,898 shares in the quarter, for a total of 16,043 shares, and has risen its stake in Jpmorgan Chase Co (NYSE:JPM).

Analysts await Microsoft Corporation (NASDAQ:MSFT) to report earnings on January, 30. They expect $1.09 EPS, up 13.54% or $0.13 from last year’s $0.96 per share. MSFT’s profit will be $8.37B for 24.89 P/E if the $1.09 EPS becomes a reality. After $1.14 actual EPS reported by Microsoft Corporation for the previous quarter, Wall Street now forecasts -4.39% negative EPS growth.

Roffman Miller Associates Inc, which manages about $833.24 million and $817.83 million US Long portfolio, upped its stake in Tyson Foods Inc. (NYSE:TSN) by 43,018 shares to 85,857 shares, valued at $5.91 million in 2018Q2, according to the filing. It also increased its holding in Alphabet Inc. by 505 shares in the quarter, for a total of 18,401 shares, and has risen its stake in Fedex Corporation (NYSE:FDX).

More notable recent Microsoft Corporation (NASDAQ:MSFT) news were published by: Seekingalpha.com which released: “3 Reasons Why Microsoft Stock Is A Strong Buy – Seeking Alpha” on December 03, 2018, also Nasdaq.com with their article: “Microsoft Corporation (MSFT) Ex-Dividend Date Scheduled for November 14, 2018 – Nasdaq” published on November 13, 2018, Nasdaq.com published: “Microsoft (MSFT) Secures Contract Worth $480M From U.S. Army – Nasdaq” on November 29, 2018. More interesting news about Microsoft Corporation (NASDAQ:MSFT) were released by: Seekingalpha.com and their article: “Why Microsoft Could Potentially Buy Out Adobe? – Seeking Alpha” published on November 19, 2018 as well as Seekingalpha.com‘s news article titled: “Microsoft’s Cortana head is leaving – Seeking Alpha” with publication date: November 06, 2018.

Among 38 analysts covering Microsoft Corporation (NASDAQ:MSFT), 34 have Buy rating, 1 Sell and 3 Hold. Therefore 89% are positive. Microsoft Corporation had 216 analyst reports since July 22, 2015 according to SRatingsIntel. The stock has “Buy” rating by Cowen & Co on Friday, January 26. Bernstein maintained Microsoft Corporation (NASDAQ:MSFT) on Wednesday, November 15 with “Buy” rating. The firm earned “Underperform” rating on Friday, January 29 by Jefferies. The firm has “Buy” rating by Wells Fargo given on Thursday, April 12. The firm earned “Market Perform” rating on Tuesday, July 19 by William Blair. Citigroup maintained it with “Neutral” rating and $113 target in Friday, July 20 report. The stock of Microsoft Corporation (NASDAQ:MSFT) has “Buy” rating given on Thursday, October 5 by Canaccord Genuity. The stock has “Buy” rating by UBS on Friday, October 21. Credit Suisse maintained Microsoft Corporation (NASDAQ:MSFT) on Tuesday, August 22 with “Buy” rating. The stock of Microsoft Corporation (NASDAQ:MSFT) has “Buy” rating given on Thursday, January 25 by Canaccord Genuity.

Since June 5, 2018, it had 0 buys, and 7 selling transactions for $52.10 million activity. $4.45M worth of Microsoft Corporation (NASDAQ:MSFT) shares were sold by Hogan Kathleen T. The insider Nadella Satya sold $21.70 million. Another trade for 118,000 shares valued at $13.09M was made by Hood Amy on Friday, August 31. 20,000 Microsoft Corporation (NASDAQ:MSFT) shares with value of $2.15M were sold by BROD FRANK H. The insider PETERSON SANDRA E bought $550,606.

Investors sentiment increased to 0.84 in 2018 Q2. Its up 0.10, from 0.74 in 2018Q1. It improved, as 35 investors sold MSFT shares while 965 reduced holdings. 128 funds opened positions while 711 raised stakes. 5.31 billion shares or 1.41% less from 5.38 billion shares in 2018Q1 were reported. Citadel Advsr Lc invested in 4.08 million shares or 0.2% of the stock. Hollencrest Capital Management has 0.84% invested in Microsoft Corporation (NASDAQ:MSFT). Independent Franchise Prtnrs Llp reported 9.24M shares. Moreover, Nottingham Advsr has 0.08% invested in Microsoft Corporation (NASDAQ:MSFT) for 5,121 shares. Hound Limited accumulated 2.08 million shares. Suntrust Banks has 2.55M shares for 1.38% of their portfolio. Fulton Breakefield Broenniman Lc holds 178,244 shares or 2.81% of its portfolio. 2.95 million were accumulated by Zurcher Kantonalbank (Zurich Cantonalbank). Orrstown Services reported 2.58% stake. Leavell Inv Inc owns 87,858 shares or 0.98% of their US portfolio. New York-based Lipe And Dalton has invested 0.82% in Microsoft Corporation (NASDAQ:MSFT). Princeton Strategies Grp Inc Limited Liability Corp invested in 2.5% or 87,366 shares. Moreover, Comml Bank Of New York Mellon has 2.43% invested in Microsoft Corporation (NASDAQ:MSFT) for 90.69M shares. 473,299 are owned by Dana Investment Advsr. 5.44 million are owned by Bessemer Grp Inc Inc.

Norfolk Southern Corporation (NYSE:NSC) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.