MV Capital Management Inc. lifted its holdings in shares of Microsoft Corporation (NASDAQ:MSFT) by 2.5% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 4,924 shares of the software giant’s stock after purchasing an additional 122 shares during the period. MV Capital Management Inc.’s holdings in Microsoft Corporation were worth $339,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the company. Van Cleef Asset Management Inc boosted its holdings in Microsoft Corporation by 0.8% in the first quarter. Van Cleef Asset Management Inc now owns 159,569 shares of the software giant’s stock valued at $10,509,000 after acquiring an additional 1,253 shares during the last quarter. Mn Services Vermogensbeheer B.V. boosted its holdings in Microsoft Corporation by 2.7% in the first quarter. Mn Services Vermogensbeheer B.V. now owns 197,421 shares of the software giant’s stock valued at $12,157,000 after acquiring an additional 5,201 shares during the last quarter. Gilman Hill Asset Management LLC boosted its holdings in Microsoft Corporation by 3.9% in the first quarter. Gilman Hill Asset Management LLC now owns 10,465 shares of the software giant’s stock valued at $689,000 after acquiring an additional 390 shares during the last quarter. Pinnacle Advisory Group Inc. boosted its holdings in Microsoft Corporation by 38.6% in the first quarter. Pinnacle Advisory Group Inc. now owns 25,208 shares of the software giant’s stock valued at $1,660,000 after acquiring an additional 7,018 shares during the last quarter. Finally, Guinness Asset Management Ltd boosted its holdings in Microsoft Corporation by 9.5% in the first quarter. Guinness Asset Management Ltd now owns 149,310 shares of the software giant’s stock valued at $9,834,000 after acquiring an additional 13,000 shares during the last quarter. Institutional investors own 73.37% of the company’s stock.

Microsoft Corporation (NASDAQ MSFT) opened at $82.40 on Friday. Microsoft Corporation has a fifty-two week low of $58.80 and a fifty-two week high of $86.20. The company has a debt-to-equity ratio of 0.91, a current ratio of 3.12 and a quick ratio of 3.06. The stock has a market capitalization of $641,850.00, a PE ratio of 24.87, a price-to-earnings-growth ratio of 1.96 and a beta of 1.01.

Microsoft Corporation (NASDAQ:MSFT) last issued its earnings results on Thursday, October 26th. The software giant reported $0.84 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.72 by $0.12. Microsoft Corporation had a return on equity of 35.23% and a net margin of 24.56%. The business had revenue of $24.50 billion during the quarter, compared to analysts’ expectations of $23.57 billion. During the same quarter in the prior year, the firm earned $0.76 EPS. The business’s revenue for the quarter was up 11.7% compared to the same quarter last year. equities analysts forecast that Microsoft Corporation will post 3.37 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 14th. Shareholders of record on Thursday, November 16th will be issued a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a yield of 2.04%. The ex-dividend date of this dividend is Wednesday, November 15th. This is a boost from Microsoft Corporation’s previous quarterly dividend of $0.39. Microsoft Corporation’s dividend payout ratio is presently 56.76%.

Several equities analysts recently issued reports on MSFT shares. Wells Fargo & Company set a $82.50 price target on Microsoft Corporation and gave the company a “buy” rating in a report on Friday, July 21st. Sanford C. Bernstein set a $87.00 price target on Microsoft Corporation and gave the company a “buy” rating in a report on Friday, July 21st. UBS AG reiterated a “buy” rating and issued a $82.00 price target (up previously from $73.00) on shares of Microsoft Corporation in a report on Friday, July 21st. Raymond James Financial, Inc. raised their price target on Microsoft Corporation to $84.00 and gave the company a “buy” rating in a report on Friday, July 21st. Finally, Deutsche Bank AG reiterated a “buy” rating and issued a $85.00 price target (up previously from $80.00) on shares of Microsoft Corporation in a report on Friday, July 21st. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating and thirty have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $84.21.

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In other Microsoft Corporation news, EVP Christopher C. Capossela sold 4,000 shares of the company’s stock in a transaction dated Tuesday, November 14th. The stock was sold at an average price of $83.48, for a total value of $333,920.00. Following the sale, the executive vice president now owns 185,278 shares in the company, valued at approximately $15,467,007.44. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Amy Hood sold 55,000 shares of the company’s stock in a transaction dated Tuesday, August 29th. The shares were sold at an average price of $72.71, for a total value of $3,999,050.00. Following the completion of the sale, the chief financial officer now 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 sold 104,763 shares of company stock valued at $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.

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

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