Lakeview Capital Partners LLC lowered its stake in Microsoft Corporation (NASDAQ:MSFT) by 1.8% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 23,512 shares of the software giant’s stock after selling 427 shares during the quarter. Microsoft Corporation comprises approximately 1.3% of Lakeview Capital Partners LLC’s holdings, making the stock its 15th largest holding. Lakeview Capital Partners LLC’s holdings in Microsoft Corporation were worth $1,621,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. New Capital Management LP increased its position in shares of Microsoft Corporation by 0.5% in the 1st quarter. New Capital Management LP now owns 4,305 shares of the software giant’s stock valued at $284,000 after buying an additional 22 shares in the last quarter. Nottingham Advisors Inc. increased its position in shares of Microsoft Corporation by 0.4% in the 2nd quarter. Nottingham Advisors Inc. now owns 5,399 shares of the software giant’s stock valued at $372,000 after buying an additional 22 shares in the last quarter. American Economic Planning Group Inc. ADV increased its position in shares of Microsoft Corporation by 0.5% in the 2nd quarter. American Economic Planning Group Inc. ADV now owns 4,939 shares of the software giant’s stock valued at $340,000 after buying an additional 23 shares in the last quarter. Appropriate Balance Financial Services Inc. increased its position in shares of Microsoft Corporation by 4.7% in the 2nd quarter. Appropriate Balance Financial Services Inc. now owns 643 shares of the software giant’s stock valued at $9,331,000 after buying an additional 29 shares in the last quarter. Finally, Bank of Stockton increased its position in shares of Microsoft Corporation by 0.3% in the 2nd quarter. Bank of Stockton now owns 13,396 shares of the software giant’s stock valued at $922,000 after buying an additional 36 shares in the last quarter. 73.37% of the stock is currently owned by institutional investors.

Microsoft Corporation (NASDAQ:MSFT) opened at $83.20 on Friday. The stock has a market cap of $640,156.75, a P/E ratio of 24.55, a P/E/G ratio of 1.93 and a beta of 1.01. The company has a debt-to-equity ratio of 0.91, a current ratio of 3.12 and a quick ratio of 3.06. Microsoft Corporation has a one year low of $58.80 and a one year high of $86.20.

Microsoft Corporation (NASDAQ:MSFT) last announced its quarterly earnings data on Thursday, October 26th. The software giant reported $0.84 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.72 by $0.12. The business had revenue of $24.50 billion for the quarter, compared to analysts’ expectations of $23.57 billion. Microsoft Corporation had a net margin of 24.56% and a return on equity of 35.23%. The firm’s quarterly revenue was up 11.7% compared to the same quarter last year. During the same period last year, the firm posted $0.76 earnings per share. equities analysts anticipate that Microsoft Corporation will post 3.38 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 14th. Shareholders of record on Thursday, November 16th will be paid a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a dividend yield of 2.02%. The ex-dividend date is Wednesday, November 15th. This is a boost from Microsoft Corporation’s previous quarterly dividend of $0.39. Microsoft Corporation’s payout ratio is presently 57.14%.

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A number of analysts recently commented on MSFT shares. Sanford C. Bernstein set a $87.00 price objective on shares of Microsoft Corporation and gave the company a “buy” rating in a research report on Friday, July 21st. Canaccord Genuity restated a “hold” rating and issued a $76.00 price objective on shares of Microsoft Corporation in a research report on Friday, September 15th. Royal Bank Of Canada restated an “outperform” rating and issued a $88.00 price objective (up previously from $85.00) on shares of Microsoft Corporation in a research report on Friday, October 27th. Evercore ISI restated a “buy” rating and issued a $80.00 price objective on shares of Microsoft Corporation in a research report on Friday, August 18th. Finally, UBS AG set a $105.00 price objective on shares of Microsoft Corporation and gave the company a “buy” rating in a research report on Thursday, November 9th. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating and thirty have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of $84.21.

In other Microsoft Corporation news, EVP Christopher C. Capossela sold 4,000 shares of the business’s stock in a transaction on Tuesday, November 14th. The shares were sold at an average price of $83.48, for a total transaction of $333,920.00. Following the sale, the executive vice president now owns 185,278 shares of the company’s stock, valued at $15,467,007.44. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Amy Hood sold 55,000 shares of the business’s stock in a transaction on Tuesday, August 29th. The stock was sold at an average price of $72.71, for a total transaction of $3,999,050.00. Following the sale, the chief financial officer now directly owns 510,217 shares in the company, valued at approximately $37,097,878.07. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 104,763 shares of company stock worth $7,908,472. Insiders own 1.49% of the company’s stock.

About Microsoft Corporation

Microsoft Corporation is a technology company. The Company develops, licenses, and supports a range of software products, services and devices. The Company’s segments include Productivity and Business Processes, Intelligent Cloud and More Personal Computing. The Company’s 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.

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Institutional Ownership by Quarter for Microsoft Corporation (NASDAQ:MSFT)

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