First National Bank of Omaha raised its position in shares of Microsoft Corp. (NASDAQ:MSFT) by 2.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 468,734 shares of the software giant’s stock after buying an additional 9,313 shares during the period. Microsoft Corp. makes up about 1.8% of First National Bank of Omaha’s holdings, making the stock its 7th largest position. First National Bank of Omaha’s holdings in Microsoft Corp. were worth $23,985,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in MSFT. Strategic Advisors LLC increased its position in shares of Microsoft Corp. by 3.3% in the second quarter. Strategic Advisors LLC now owns 73,827 shares of the software giant’s stock worth $3,778,000 after buying an additional 2,343 shares during the last quarter. Roffman Miller Associates Inc. PA boosted its stake in Microsoft Corp. by 5.8% in the second quarter. Roffman Miller Associates Inc. PA now owns 390,571 shares of the software giant’s stock worth $19,986,000 after buying an additional 21,496 shares during the period. Vigilant Capital Management LLC boosted its stake in Microsoft Corp. by 6.0% in the second quarter. Vigilant Capital Management LLC now owns 7,413 shares of the software giant’s stock worth $379,000 after buying an additional 422 shares during the period. First National Bank of Mount Dora Trust Investment Services boosted its stake in Microsoft Corp. by 2.5% in the second quarter. First National Bank of Mount Dora Trust Investment Services now owns 10,363 shares of the software giant’s stock worth $531,000 after buying an additional 250 shares during the period. Finally, Palladium Partners LLC boosted its stake in Microsoft Corp. by 33.1% in the second quarter. Palladium Partners LLC now owns 435,428 shares of the software giant’s stock worth $22,281,000 after buying an additional 108,403 shares during the period. 71.58% of the stock is currently owned by hedge funds and other institutional investors.

Institutional Ownership by Quarter for Microsoft Corp. (NASDAQ:MSFT)

Shares of Microsoft Corp. (NASDAQ:MSFT) traded down 0.14% during trading on Wednesday, hitting $57.11. The company had a trading volume of 22,177,437 shares. The firm has a market capitalization of $445.03 billion, a P/E ratio of 27.20 and a beta of 1.09. Microsoft Corp. has a 52-week low of $46.53 and a 52-week high of $58.70. The stock’s 50-day moving average is $57.48 and its 200 day moving average is $54.39.

Microsoft Corp. (NASDAQ:MSFT) last posted its earnings results on Tuesday, July 19th. The software giant reported $0.69 EPS for the quarter, beating the consensus estimate of $0.58 by $0.11. The firm had revenue of $22.60 billion for the quarter, compared to analyst estimates of $22.15 billion. Microsoft Corp. had a return on equity of 29.38% and a net margin of 19.33%. During the same quarter in the prior year, the company posted $0.60 earnings per share. Equities research analysts predict that Microsoft Corp. will post $2.89 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 8th. Investors of record on Thursday, November 17th will be issued a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 2.73%. The ex-dividend date is Tuesday, November 15th. This is a positive change from Microsoft Corp.’s previous quarterly dividend of $0.36. Microsoft Corp.’s dividend payout ratio is 70.24%.

A number of analysts recently commented on the company. Vetr upgraded Microsoft Corp. from a “hold” rating to a “buy” rating and set a $59.95 price objective for the company in a research report on Tuesday. Credit Agricole SA reiterated an “outperform” rating and set a $60.00 price objective on shares of Microsoft Corp. in a research report on Wednesday, October 5th. Cowen and Company reiterated an “outperform” rating and set a $60.00 price objective on shares of Microsoft Corp. in a research report on Friday, September 30th. Deutsche Bank AG reiterated a “buy” rating and set a $65.00 price objective on shares of Microsoft Corp. in a research report on Wednesday, September 28th. Finally, Jefferies Group set a $40.00 price objective on Microsoft Corp. and gave the company a “sell” rating in a research report on Tuesday, September 27th. Three research analysts have rated the stock with a sell rating, ten have assigned a hold rating and twenty have assigned a buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $59.42.

In other Microsoft Corp. news, CEO Satya Nadella sold 143,000 shares of the firm’s stock in a transaction dated Wednesday, August 10th. The stock was sold at an average price of $57.97, for a total transaction of $8,289,710.00. Following the transaction, the chief executive officer now owns 1,200,822 shares of the company’s stock, valued at $69,611,651.34. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director William H. Gates III sold 2,500,000 shares of the firm’s stock in a transaction dated Thursday, July 21st. The stock was sold at an average price of $55.94, for a total value of $139,850,000.00. The disclosure for this sale can be found here. 3.76% of the stock is owned by corporate insiders.

About Microsoft Corp.

Microsoft Corporation is a technology company. The Company develops, licenses and supports a range of software products, services and devices. Its segments are Productivity and Business Processes, Intelligent Cloud, and More Personal Computing. Its products include operating systems; cross-device productivity applications; server applications; business solution applications; desktop and server management tools; software development tools; video games, and training and certification of computer system integrators and developers.

5 Day Chart for NASDAQ:MSFT

Receive News & Stock Ratings for Microsoft Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Microsoft Corp. and related stocks with our FREE daily email newsletter.