Heritage Investors Management Corp lowered its position in shares of Microsoft Corp. (NASDAQ:MSFT) by 5.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 504,815 shares of the software giant’s stock after selling 29,892 shares during the period. Microsoft Corp. accounts for about 2.1% of Heritage Investors Management Corp’s investment portfolio, making the stock its 2nd largest position. Heritage Investors Management Corp’s holdings in Microsoft Corp. were worth $29,077,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. raised its position in shares of Microsoft Corp. by 1.7% in the second quarter. Vanguard Group Inc. now owns 504,208,409 shares of the software giant’s stock valued at $25,800,344,000 after buying an additional 8,371,988 shares in the last quarter. Franklin Resources Inc. raised its position in shares of Microsoft Corp. by 7.8% in the second quarter. Franklin Resources Inc. now owns 93,704,245 shares of the software giant’s stock valued at $4,794,838,000 after buying an additional 6,760,471 shares in the last quarter. BlackRock Group LTD raised its position in shares of Microsoft Corp. by 1.5% in the second quarter. BlackRock Group LTD now owns 66,254,544 shares of the software giant’s stock valued at $3,390,245,000 after buying an additional 976,953 shares in the last quarter. TIAA CREF Investment Management LLC raised its position in shares of Microsoft Corp. by 2.1% in the second quarter. TIAA CREF Investment Management LLC now owns 47,081,885 shares of the software giant’s stock valued at $2,409,180,000 after buying an additional 980,414 shares in the last quarter. Finally, Janus Capital Management LLC raised its position in shares of Microsoft Corp. by 40.2% in the second quarter. Janus Capital Management LLC now owns 41,604,434 shares of the software giant’s stock valued at $2,128,899,000 after buying an additional 11,937,675 shares in the last quarter. 70.87% of the stock is owned by institutional investors and hedge funds.

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

Microsoft Corp. (NASDAQ:MSFT) traded up 0.33% during midday trading on Monday, hitting $60.73. 10,811,252 shares of the stock traded hands. The firm’s 50 day moving average is $59.22 and its 200-day moving average is $55.75. The stock has a market capitalization of $472.20 billion, a PE ratio of 29.09 and a beta of 1.16. Microsoft Corp. has a 12-month low of $48.03 and a 12-month high of $61.37.

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

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

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Several research analysts have recently commented on MSFT shares. Jefferies Group set a $40.00 price target on shares of Microsoft Corp. and gave the company a “sell” rating in a report on Tuesday, September 27th. Pacific Crest reaffirmed a “buy” rating and issued a $65.00 price target on shares of Microsoft Corp. in a report on Tuesday, September 13th. 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 report on Wednesday, October 26th. Cowen and Company reaffirmed an “outperform” rating and issued a $60.00 price target on shares of Microsoft Corp. in a report on Friday, September 30th. Finally, Nomura reaffirmed a “buy” rating and issued a $65.00 price target on shares of Microsoft Corp. in a report on Thursday, October 13th. Three investment analysts have rated the stock with a sell rating, eight have issued a hold rating and twenty-four have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of $62.26.

In other news, Director William H. Gates III sold 2,700,000 shares of Microsoft Corp. stock in a transaction on Tuesday, October 25th. The stock was sold at an average price of $60.99, for a total transaction of $164,673,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Christopher C. Capossela sold 12,000 shares of Microsoft Corp. stock in a transaction on Wednesday, November 2nd. The stock was sold at an average price of $59.57, for a total value of $714,840.00. Following the sale, the executive vice president now directly owns 265,306 shares of the company’s stock, valued at approximately $15,804,278.42. The disclosure for this sale can be found here. Company insiders own 2.99% of the company’s stock.

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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