Howe & Rusling Inc. boosted its position in Microsoft Corp. (NASDAQ:MSFT) by 10.8% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 121,145 shares of the software giant’s stock after buying an additional 11,772 shares during the period. Microsoft Corp. accounts for approximately 1.4% of Howe & Rusling Inc.’s portfolio, making the stock its 20th largest position. Howe & Rusling Inc.’s holdings in Microsoft Corp. were worth $6,199,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Euclid Advisors LLC boosted its position in shares of Microsoft Corp. by 24.6% in the first quarter. Euclid Advisors LLC now owns 672,938 shares of the software giant’s stock valued at $37,166,000 after buying an additional 132,695 shares in the last quarter. First Manhattan Co. boosted its position in shares of Microsoft Corp. by 1.4% in the second quarter. First Manhattan Co. now owns 7,974,066 shares of the software giant’s stock valued at $408,033,000 after buying an additional 108,933 shares in the last quarter. Berkshire Asset Management LLC PA boosted its position in shares of Microsoft Corp. by 8.2% in the second quarter. Berkshire Asset Management LLC PA now owns 343,893 shares of the software giant’s stock valued at $17,597,000 after buying an additional 26,037 shares in the last quarter. Roffman Miller Associates Inc. PA boosted its position in shares of 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 valued at $19,986,000 after buying an additional 21,496 shares in the last quarter. Finally, First National Bank of Omaha boosted its position in shares of Microsoft Corp. by 2.0% in the second quarter. First National Bank of Omaha now owns 468,734 shares of the software giant’s stock valued at $23,985,000 after buying an additional 9,313 shares in the last quarter. Institutional investors and hedge funds own 71.81% of the company’s stock.

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

Microsoft Corp. (NASDAQ:MSFT) traded down 0.48% on Friday, reaching $60.35. 27,686,311 shares of the company’s stock were exchanged. The stock has a market capitalization of $469.24 billion, a PE ratio of 28.90 and a beta of 1.16. The firm has a 50 day moving average of $58.82 and a 200 day moving average of $55.41. Microsoft Corp. has a 12 month low of $48.04 and a 12 month high of $61.37.

Microsoft Corp. (NASDAQ:MSFT) last posted its quarterly earnings results on Thursday, October 20th. The software giant reported $0.76 EPS for the quarter, topping the consensus estimate of $0.68 by $0.08. The business earned $22.30 billion during the quarter, compared to analysts’ expectations of $21.71 billion. Microsoft Corp. had a net margin of 19.40% and a return on equity of 30.92%. The firm’s quarterly revenue was up 3.1% compared to the same quarter last year. During the same period last year, the company posted $0.67 earnings per share. Equities analysts predict that Microsoft Corp. will post $2.97 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 8th. Shareholders of record on Thursday, November 17th will be paid a $0.39 dividend. The ex-dividend date of this dividend is Tuesday, November 15th. This is a boost from Microsoft Corp.’s previous quarterly dividend of $0.36. This represents a $1.56 dividend on an annualized basis and a yield of 2.58%. Microsoft Corp.’s payout ratio is 75.00%.

MSFT has been the subject of several recent research reports. Barclays PLC reissued an “overweight” rating and issued a $65.00 price target (up previously from $60.00) on shares of Microsoft Corp. in a research report on Friday, October 21st. Vetr raised shares of Microsoft Corp. from a “hold” rating to a “buy” rating and set a $63.17 price target for the company in a research report on Wednesday, October 26th. Cowen and Company reissued an “outperform” rating and issued a $60.00 price target on shares of Microsoft Corp. in a research report on Friday, September 30th. JPMorgan Chase & Co. set a $55.00 price target on shares of Microsoft Corp. and gave the company a “neutral” rating in a research report on Thursday, October 20th. Finally, Wunderlich raised shares of Microsoft Corp. from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $60.00 to $70.00 in a research report on Friday, October 21st. Three analysts have rated the stock with a sell rating, nine have assigned a hold rating and twenty-three have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $62.24.

In other Microsoft Corp. news, CMO Christopher C. Capossela sold 12,000 shares of Microsoft Corp. stock in a transaction that occurred on Tuesday, November 8th. The shares were sold at an average price of $60.51, for a total value of $726,120.00. Following the completion of the sale, the chief marketing officer now directly owns 253,306 shares in the company, valued at $15,327,546.06. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Christopher C. Capossela sold 18,583 shares of Microsoft Corp. stock in a transaction that occurred on Monday, November 14th. The shares were sold at an average price of $58.58, for a total transaction of $1,088,592.14. Following the completion of the sale, the executive vice president now owns 243,306 shares of the company’s stock, valued at $14,252,865.48. The disclosure for this sale can be found here. 2.99% of the stock is currently owned by company insiders.

Microsoft Corp. Company Profile

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

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