Penn Real Estate Invest Tst (PEI) Holder Quantitative Systematic Strategies Raised Position; United American Securities Decreased Its Microsoft Com (MSFT) Position by $2.62 Million; Share Value Rose

January 14, 2018 - By Dolores Ford

Quantitative Systematic Strategies Llc increased its stake in Penn Real Estate Invest Tst (PEI) by 520.09% based on its latest 2017Q3 regulatory filing with the SEC. Quantitative Systematic Strategies Llc bought 133,555 shares as the company’s stock declined 36.64% while stock markets rallied. The institutional investor held 159,234 shares of the real estate investment trusts company at the end of 2017Q3, valued at $1.67M, up from 25,679 at the end of the previous reported quarter. Quantitative Systematic Strategies Llc who had been investing in Penn Real Estate Invest Tst for a number of months, seems to be bullish on the $914.94 million market cap company. The stock increased 0.34% or $0.04 during the last trading session, reaching $11.7. About 947,253 shares traded. Pennsylvania Real Estate Investment Trust (NYSE:PEI) has declined 47.73% since January 14, 2017 and is downtrending. It has underperformed by 64.43% the S&P500.

United American Securities Inc decreased its stake in Microsoft Corp Com (MSFT) by 43.26% based on its latest 2017Q3 regulatory filing with the SEC. United American Securities Inc sold 35,405 shares as the company’s stock rose 4.75% with the market. The institutional investor held 46,445 shares of the prepackaged software company at the end of 2017Q3, valued at $3.46M, down from 81,850 at the end of the previous reported quarter. United American Securities Inc who had been investing in Microsoft Corp Com for a number of months, seems to be less bullish one the $691.23B market cap company. The stock increased 1.73% or $1.52 during the last trading session, reaching $89.6. About 24.27M shares traded or 8.63% up from the average. Microsoft Corporation (NASDAQ:MSFT) has risen 34.52% since January 14, 2017 and is uptrending. It has outperformed by 17.82% the S&P500.

Investors sentiment increased to 1.53 in 2017 Q3. Its up 0.10, from 1.43 in 2017Q2. It increased, as 18 investors sold PEI shares while 42 reduced holdings. 26 funds opened positions while 66 raised stakes. 68.13 million shares or 7.16% more from 63.58 million shares in 2017Q2 were reported. Ngam Advsrs Limited Partnership holds 0.03% of its portfolio in Pennsylvania Real Estate Investment Trust (NYSE:PEI) for 245,162 shares. D E Shaw And Com reported 0% in Pennsylvania Real Estate Investment Trust (NYSE:PEI). State Street Corporation owns 2.68M shares or 0% of their US portfolio. Macquarie Grp reported 0% stake. Highbridge Capital Management invested in 0.06% or 401,958 shares. Eaton Vance Mgmt holds 0% or 29,252 shares in its portfolio. State Board Of Administration Of Florida Retirement Systems has 0% invested in Pennsylvania Real Estate Investment Trust (NYSE:PEI). Pinebridge Invs Lp, New York-based fund reported 64,520 shares. Amica Mutual Insur reported 0.25% stake. 29,291 were reported by Independent Order Of Foresters. Moreover, Heitman Real Est Securities Ltd has 0.77% invested in Pennsylvania Real Estate Investment Trust (NYSE:PEI). Manufacturers Life The holds 0% or 55,109 shares in its portfolio. Jfs Wealth Limited Liability holds 0% of its portfolio in Pennsylvania Real Estate Investment Trust (NYSE:PEI) for 1,370 shares. Morgan Stanley holds 0.01% or 1.95M shares. 124,978 were accumulated by Citigroup.

Quantitative Systematic Strategies Llc, which manages about $315.26M and $377.58 million US Long portfolio, decreased its stake in Cintas Corp (NASDAQ:CTAS) by 3,607 shares to 14,400 shares, valued at $2.08 million in 2017Q3, according to the filing. It also reduced its holding in Landstar System Inc (NASDAQ:LSTR) by 7,814 shares in the quarter, leaving it with 8,463 shares, and cut its stake in Asml Holding Nv (NASDAQ:ASML).

Among 7 analysts covering Pennslyvania Real Estate Investment Trust (NYSE:PEI), 0 have Buy rating, 1 Sell and 6 Hold. Therefore 0 are positive. Pennslyvania Real Estate Investment Trust had 17 analyst reports since January 26, 2016 according to SRatingsIntel. The company was maintained on Monday, March 7 by Barclays Capital. The firm earned “Neutral” rating on Monday, August 14 by Citigroup. Stifel Nicolaus upgraded the shares of PEI in report on Wednesday, April 20 to “Buy” rating. Citigroup maintained it with “Neutral” rating and $12 target in Friday, November 10 report. Boenning & Scattergood maintained the shares of PEI in report on Wednesday, September 6 with “Hold” rating. The rating was upgraded by Boenning & Scattergood to “Outperform” on Wednesday, April 6. The company was maintained on Friday, September 8 by Stifel Nicolaus. The firm has “Hold” rating given on Tuesday, October 10 by Stifel Nicolaus. Suntrust Robinson downgraded Pennsylvania Real Estate Investment Trust (NYSE:PEI) on Friday, January 20 to “Hold” rating. The rating was downgraded by Barclays Capital on Tuesday, January 26 to “Underperform”.

Since August 4, 2017, it had 0 insider buys, and 3 insider sales for $513.86 million activity. Morfit G Mason sold 7.00 million shares worth $507.89M. Another trade for 26,763 shares valued at $1.98 million was made by COURTOIS JEAN PHILIPPE on Wednesday, August 30.

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 26.05 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.

Among 35 analysts covering Microsoft Corporation (NASDAQ:MSFT), 29 have Buy rating, 2 Sell and 4 Hold. Therefore 83% are positive. Microsoft Corporation had 142 analyst reports since July 22, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Thursday, July 6 by Canaccord Genuity. Piper Jaffray maintained the stock with “Buy” rating in Monday, October 2 report. The company was maintained on Friday, July 21 by Deutsche Bank. The firm has “Outperform” rating by Oppenheimer given on Tuesday, October 31. As per Wednesday, July 22, the company rating was maintained by Wunderlich. Goldman Sachs maintained the shares of MSFT in report on Tuesday, July 18 with “Buy” rating. On Tuesday, April 19 the stock rating was maintained by Nomura with “Buy”. The rating was maintained by Piper Jaffray on Tuesday, November 10 with “Overweight”. As per Tuesday, December 12, the company rating was maintained by Bernstein. The stock of Microsoft Corporation (NASDAQ:MSFT) earned “Outperform” rating by RBC Capital Markets on Wednesday, January 6.

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