Microsoft (MSFT) Is At $97.15 Formed Wedge; Commerce Bancshares (CBSH) Sentiment Is 2.71

May 17, 2018 - By Danny Collins

Commerce Bancshares, Inc. (NASDAQ:CBSH) Logo

Commerce Bancshares Inc (CBSH) investors sentiment increased to 2.71 in 2017 Q4. It’s up 1.28, from 1.43 in 2017Q3. The ratio is more positive, as 195 active investment managers increased and opened new equity positions, while 72 sold and reduced their stakes in Commerce Bancshares Inc. The active investment managers in our database now own: 65.55 million shares, up from 62.31 million shares in 2017Q3. Also, the number of active investment managers holding Commerce Bancshares Inc in top ten equity positions decreased from 2 to 1 for a decrease of 1. Sold All: 25 Reduced: 47 Increased: 163 New Position: 32.

Microsoft Corporation (MSFT) formed wedge up with $105.89 target or 9.00% above today’s $97.15 share price. Microsoft Corporation (MSFT) has $746.42 billion valuation. The stock increased 0.26% or $0.25 during the last trading session, reaching $97.15. About 14.51 million shares traded. Microsoft Corporation (NASDAQ:MSFT) has risen 37.43% since May 17, 2017 and is uptrending. It has outperformed by 25.88% the S&P500.

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. $91.91’s average target is -5.39% below currents $97.15 stock price. Microsoft Corporation had 183 analyst reports since July 22, 2015 according to SRatingsIntel. The firm earned “Strong-Buy” rating on Thursday, August 27 by Vetr. The firm has “Sell” rating by Jefferies given on Monday, September 25. The firm earned “Buy” rating on Wednesday, December 20 by Oppenheimer. On Friday, October 21 the stock rating was upgraded by Wunderlich to “Buy”. The stock of Microsoft Corporation (NASDAQ:MSFT) earned “Outperform” rating by William Blair on Friday, October 21. The stock of Microsoft Corporation (NASDAQ:MSFT) earned “Outperform” rating by Cowen & Co on Tuesday, May 24. Wunderlich maintained the stock with “Hold” rating in Wednesday, July 20 report. BMO Capital Markets maintained Microsoft Corporation (NASDAQ:MSFT) rating on Wednesday, January 31. BMO Capital Markets has “Buy” rating and $107.0 target. The stock of Microsoft Corporation (NASDAQ:MSFT) has “Buy” rating given on Monday, August 21 by Stifel Nicolaus. The company was maintained on Friday, July 21 by Cowen & Co.

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 $8.30 billion for 22.49 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.

Since February 16, 2018, it had 0 insider buys, and 3 selling transactions for $930,912 activity. 3,500 Microsoft Corporation (NASDAQ:MSFT) shares with value of $325,500 were sold by Capossela Christopher C.

Investors sentiment decreased to 0.77 in 2017 Q4. Its down 0.06, from 0.83 in 2017Q3. It dived, as 39 investors sold Microsoft Corporation shares while 1012 reduced holdings. 134 funds opened positions while 676 raised stakes. 5.46 billion shares or 0.90% less from 5.51 billion shares in 2017Q3 were reported. Savant Capital Ltd owns 1.02% invested in Microsoft Corporation (NASDAQ:MSFT) for 56,719 shares. Advisory Rech holds 282,540 shares or 0.4% of its portfolio. Brouwer And Janachowski Llc accumulated 2,785 shares or 0.04% of the stock. Silvercrest Asset Mngmt Group Ltd Liability Company holds 1.04% or 1.31M shares in its portfolio. Cim Mangement Incorporated holds 1.46% or 50,083 shares in its portfolio. Whitnell has invested 1.88% in Microsoft Corporation (NASDAQ:MSFT). Congress Asset Mgmt Ma invested in 769,190 shares. Great Lakes Advsrs Limited Liability Company reported 1.57% of its portfolio in Microsoft Corporation (NASDAQ:MSFT). Prelude Capital Mgmt Ltd has 0.72% invested in Microsoft Corporation (NASDAQ:MSFT). Waratah Capital Advsr Limited has 2.5% invested in Microsoft Corporation (NASDAQ:MSFT) for 251,951 shares. Raab And Moskowitz Asset Mgmt Limited Liability Company has 0.93% invested in Microsoft Corporation (NASDAQ:MSFT) for 22,484 shares. Goldman Sachs Group accumulated 44.71 million shares or 0.91% of the stock. Clough Capital Prtn Ltd Partnership invested in 363,600 shares or 2.59% of the stock. Rafferty Asset Mgmt Ltd Company holds 0.03% in Microsoft Corporation (NASDAQ:MSFT) or 23,244 shares. First Financial Bank Of Omaha reported 521,021 shares.

The stock increased 0.25% or $0.16 during the last trading session, reaching $65.24. About 298,445 shares traded. Commerce Bancshares, Inc. (CBSH) has risen 12.72% since May 17, 2017 and is uptrending. It has outperformed by 1.17% the S&P500.

Commerce Bancshares, Inc. operates as the holding firm for Commerce Bank that provides retail, mortgage banking, corporate, investment, trust, and asset management services and products to individuals and businesses. The company has market cap of $6.95 billion. It operates through three divisions: Consumer, Commercial, and Wealth. It has a 20.59 P/E ratio. The Consumer segment offers various banking services and products, including consumer deposits; consumer loans, such as automobile, motorcycle, marine, tractor/trailer, recreational vehicle, fixed rate and revolving home equity, and other consumer loans; real estate loans; indirect and other consumer financing; personal mortgage banking; and consumer debit and credit bank cards, as well as provides online, mobile, and telephone banking services.

Analysts await Commerce Bancshares, Inc. (NASDAQ:CBSH) to report earnings on July, 12. They expect $0.88 earnings per share, up 23.94% or $0.17 from last year’s $0.71 per share. CBSH’s profit will be $93.80M for 18.53 P/E if the $0.88 EPS becomes a reality. After $0.92 actual earnings per share reported by Commerce Bancshares, Inc. for the previous quarter, Wall Street now forecasts -4.35% negative EPS growth.

More recent Commerce Bancshares, Inc. (NASDAQ:CBSH) news were published by: Nasdaq.com which released: “Report: Exploring Fundamental Drivers Behind Micronet Enertec Technologies, Everbridge, Visteon, Commerce …” on May 17, 2018. Also Investorplace.com published the news titled: “5 Top-Ranked Stocks From Sectors Unfazed by Rising Yields” on April 24, 2018. Benzinga.com‘s news article titled: “Banking Stock Performance Review — Commerce Bancshares, Fifth Third, First Financial, and First Midwest” with publication date: May 07, 2018 was also an interesting one.

Since January 1, 0001, it had 0 buys, and 27 insider sales for $22.87 million activity.

Commerce Bancshares, Inc. (NASDAQ:CBSH) Institutional Positions Chart

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