Intact Investment Management Has Lowered Canadian Natl Ry Co (CNI) Position as Stock Price Declined; Microsoft (MSFT) Shareholder Cornerstone Advisors Has Decreased Stake

Canadian National Railway Company (NYSE:CNI) Logo

Cornerstone Advisors Inc decreased its stake in Microsoft Corp (MSFT) by 11.04% based on its latest 2018Q3 regulatory filing with the SEC. Cornerstone Advisors Inc sold 4,037 shares as the company’s stock declined 1.64% with the market. The institutional investor held 32,519 shares of the prepackaged software company at the end of 2018Q3, valued at $3.72 million, down from 36,556 at the end of the previous reported quarter. Cornerstone Advisors Inc who had been investing in Microsoft Corp for a number of months, seems to be less bullish one the $819.47B market cap company. The stock decreased 0.07% or $0.08 during the last trading session, reaching $106.81. About 22,165 shares traded. Microsoft Corporation (NASDAQ:MSFT) has risen 30.43% since February 14, 2018 and is uptrending. It has outperformed by 30.43% the S&P500. Some Historical MSFT News: 17/05/2018 – Microsoft certification catapults Australian tech company into the CTRM big league; 15/05/2018 – TIGER GLOBAL MANAGEMENT DISSOLVES SHARE STAKE IN COMCAST CORP; 18/05/2018 – PayPal expands retail payments with $2.2 bln iZettle buy; 13/03/2018 – Microsoft’s Kevin Scott on Quantum Machines; 04/05/2018 – Insight Public Sector wins $653 mln U.S. defense contract -Pentagon; 02/04/2018 – Symic Bio Announces 12-Month Results from the SHIELD Trial of SB-030 in Peripheral Vascular Disease; 21/05/2018 – MICROSOFT SAYS LAB CREATE MAY FAIL FOR USERS, WORKING ON UPDATE; 12/04/2018 – Astreya Names Jay Preston SVP Global Service Delivery; 25/04/2018 – ZERTO REPORTS CROSS-SELLING PACT WITH MICROSOFT TO DELIVER ADVA; 05/03/2018 – BroadSoft Survey Reveals 74 Percent of Enterprises Plan To Implement Cloud Communications In Next Two Years

Intact Investment Management Inc decreased its stake in Canadian Natl Ry Co (CNI) by 8.18% based on its latest 2018Q3 regulatory filing with the SEC. Intact Investment Management Inc sold 76,649 shares as the company’s stock declined 9.28% with the market. The institutional investor held 860,550 shares of the railroads company at the end of 2018Q3, valued at $99.74M, down from 937,199 at the end of the previous reported quarter. Intact Investment Management Inc who had been investing in Canadian Natl Ry Co for a number of months, seems to be less bullish one the $59.05B market cap company. The stock increased 0.01% or $0.01 during the last trading session, reaching $81.6. About 785,243 shares traded. Canadian National Railway Company (NYSE:CNI) has declined 1.95% since February 14, 2018 and is downtrending. It has underperformed by 1.95% the S&P500. Some Historical CNI News: 24/04/2018 – Canadian Natl Railway: Robert Pace Was Unanimously Re-Elected by as Board Chair; 23/04/2018 – Canadian Natl Railway 1Q Net C$741M; 24/04/2018 – CANADIAN NATIONAL RAILWAY CO CNR.TO : RBC RAISES TARGET PRICE TO C$107 FROM C$105; 07/03/2018 – Canadian Natl Railway to Invest Over $250M This Yr to Build New Track and Yard Capacity in Western Canada; 23/04/2018 – Canadian Natl Railway Adjusts 2018 View To Adj EPS C$5.10-Adj EPS C$5.25; 23/05/2018 – CANADIAN NATIONAL RAILWAY – FIVE-YEAR CONTRACT WITH TEAMSTERS CANADA RAIL CONFERENCE RUNS THROUGH DEC 31, 2022; 05/03/2018 Canadian National Railway CEO Luc Jobin Steps Down; 07/03/2018 – Canadian Natl Railway to Add Train Crews in Western Canada; 08/03/2018 – Sen. Dick Durbin: Durbin, Duckworth Press Canadian National Railway For Update On Implementation Of Positive Train Control; 22/03/2018 – CANADIAN NATIONAL RAILWAY CO – DETAILS OF AGREEMENT ARE BEING WITHHELD PENDING RATIFICATION BY TCRC MEMBERS, A PROCESS EXPECTED TO TAKE ABOUT 60 DAYS

Among 38 analysts covering Microsoft Corporation (NASDAQ:MSFT), 34 have Buy rating, 1 Sell and 3 Hold. Therefore 89% are positive. Microsoft Corporation had 217 analyst reports since July 22, 2015 according to SRatingsIntel. The firm earned “Overweight” rating on Thursday, October 25 by KeyBanc Capital Markets. Bank of America upgraded the shares of MSFT in report on Thursday, October 1 to “Neutral” rating. The stock of Microsoft Corporation (NASDAQ:MSFT) has “Neutral” rating given on Friday, January 27 by Citigroup. Stifel Nicolaus maintained it with “Buy” rating and $80.0 target in Tuesday, October 10 report. The stock has “Buy” rating by Credit Suisse on Tuesday, September 26. The firm has “Buy” rating by Raymond James given on Friday, July 21. The company was maintained on Friday, October 23 by FBR Capital. Stifel Nicolaus maintained the shares of MSFT in report on Monday, August 21 with “Buy” rating. The stock of Microsoft Corporation (NASDAQ:MSFT) earned “Buy” rating by Nomura on Thursday, October 25. The stock of Microsoft Corporation (NASDAQ:MSFT) earned “Buy” rating by UBS on Monday, August 29.

More notable recent Microsoft Corporation (NASDAQ:MSFT) news were published by: Nasdaq.com which released: “Has Microsoft (MSFT) Outpaced Other Computer and Technology Stocks This Year? – Nasdaq” on January 24, 2019, also Seekingalpha.com with their article: “FT: Microsoft Bing blocked by China – Seeking Alpha” published on January 24, 2019, Seekingalpha.com published: “Microsoft acquires open-source software company – Seeking Alpha” on January 24, 2019. More interesting news about Microsoft Corporation (NASDAQ:MSFT) were released by: Nasdaq.com and their article: “Microsoft (MSFT) stock seen as strong buy ahead of second-quarter numbers – Nasdaq” published on January 26, 2019 as well as Seekingalpha.com‘s news article titled: “Microsoft: Q2 2019 – Solid Results – Seeking Alpha” with publication date: February 05, 2019.

Since August 31, 2018, it had 0 insider buys, and 11 insider sales for $82.43 million activity. $4.45 million worth of Microsoft Corporation (NASDAQ:MSFT) was sold by Hogan Kathleen T. On Thursday, December 6 the insider Capossela Christopher C sold $432,000. $28.35M worth of Microsoft Corporation (NASDAQ:MSFT) was sold by Nadella Satya on Wednesday, February 6. 118,000 shares valued at $13.09M were sold by Hood Amy on Friday, August 31.

Investors sentiment decreased to 0.81 in 2018 Q3. Its down 0.03, from 0.84 in 2018Q2. It worsened, as 33 investors sold MSFT shares while 981 reduced holdings. 145 funds opened positions while 681 raised stakes. 5.28 billion shares or 0.60% less from 5.31 billion shares in 2018Q2 were reported. Jlb Assoc owns 3.35% invested in Microsoft Corporation (NASDAQ:MSFT) for 136,772 shares. Harris Associate Limited Partnership has 0% invested in Microsoft Corporation (NASDAQ:MSFT) for 2,500 shares. First Merchants has 1.41% invested in Microsoft Corporation (NASDAQ:MSFT) for 75,408 shares. Bnp Paribas Arbitrage Sa stated it has 0% of its portfolio in Microsoft Corporation (NASDAQ:MSFT). Texas Capital National Bank Tx reported 1.34% stake. Moreover, Weatherly Asset Mgmt LP has 2.02% invested in Microsoft Corporation (NASDAQ:MSFT) for 85,980 shares. Two Sigma Ltd invested in 0.01% or 16,023 shares. Altimeter Cap Limited Partnership owns 300,200 shares for 1.34% of their portfolio. British Columbia Inv Mngmt stated it has 2.73M shares. Seizert Capital Ltd Llc holds 1.53% or 363,604 shares in its portfolio. Whitnell has invested 2.27% in Microsoft Corporation (NASDAQ:MSFT). Leisure invested in 20,844 shares. Toronto Dominion Savings Bank owns 5.33M shares or 1.11% of their US portfolio. Addenda owns 1.13% invested in Microsoft Corporation (NASDAQ:MSFT) for 119,473 shares. Mrj Inc holds 3.38% or 54,091 shares.

Intact Investment Management Inc, which manages about $2.81B US Long portfolio, upped its stake in Shaw Communications Inc (NYSE:SJR) by 173,600 shares to 1.33M shares, valued at $33.51M in 2018Q3, according to the filing. It also increased its holding in Eaton Corp Plc (NYSE:ETN) by 6,800 shares in the quarter, for a total of 71,400 shares, and has risen its stake in Suncor Energy Inc New (NYSE:SU).

Microsoft Corporation (NASDAQ:MSFT) Institutional Positions Chart