Pointe Capital Management LLC reduced its position in Microsoft Corporation (NASDAQ:MSFT) by 7.8% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 13,131 shares of the software giant’s stock after selling 1,108 shares during the quarter. Pointe Capital Management LLC’s holdings in Microsoft Corporation were worth $905,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of MSFT. Janney Montgomery Scott LLC boosted its stake in Microsoft Corporation by 7.6% during the first quarter. Janney Montgomery Scott LLC now owns 1,355,501 shares of the software giant’s stock worth $89,273,000 after acquiring an additional 95,338 shares in the last quarter. Investmentaktiengesellschaft Fuer Langfristige Investoren TGV boosted its stake in Microsoft Corporation by 1.1% during the first quarter. Investmentaktiengesellschaft Fuer Langfristige Investoren TGV now owns 1,421,000 shares of the software giant’s stock worth $93,587,000 after acquiring an additional 16,000 shares in the last quarter. Moloney Securities Asset Management LLC lifted its stake in shares of Microsoft Corporation by 14.4% in the first quarter. Moloney Securities Asset Management LLC now owns 40,857 shares of the software giant’s stock valued at $2,691,000 after buying an additional 5,141 shares in the last quarter. Clarkston Capital Partners LLC lifted its stake in shares of Microsoft Corporation by 2.0% in the first quarter. Clarkston Capital Partners LLC now owns 646,925 shares of the software giant’s stock valued at $42,607,000 after buying an additional 12,792 shares in the last quarter. Finally, Emerald Advisers Inc. PA lifted its stake in shares of Microsoft Corporation by 19.6% in the first quarter. Emerald Advisers Inc. PA now owns 22,465 shares of the software giant’s stock valued at $1,480,000 after buying an additional 3,684 shares in the last quarter. 73.14% of the stock is currently owned by institutional investors.

Several analysts have recently commented on MSFT shares. Stifel Nicolaus set a $80.00 target price on shares of Microsoft Corporation and gave the company a “buy” rating in a report on Monday, July 24th. Goldman Sachs Group, Inc. (The) set a $88.00 target price on shares of Microsoft Corporation and gave the company a “buy” rating in a report on Friday, August 4th. Vetr upgraded shares of Microsoft Corporation from a “hold” rating to a “buy” rating and set a $77.30 price objective for the company in a report on Monday, July 31st. Oppenheimer Holdings, Inc. set a $80.00 price objective on shares of Microsoft Corporation and gave the stock a “buy” rating in a report on Wednesday, July 26th. Finally, BidaskClub upgraded shares of Microsoft Corporation from a “hold” rating to a “buy” rating in a report on Wednesday, August 16th. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating and thirty have given a buy rating to the company’s stock. Microsoft Corporation presently has an average rating of “Buy” and an average target price of $84.21.

In other Microsoft Corporation news, CFO Amy Hood sold 55,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 29th. The stock was sold at an average price of $72.71, for a total value of $3,999,050.00. Following the completion of the transaction, the chief financial officer now directly owns 510,217 shares in the company, valued at approximately $37,097,878.07. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Christopher C. Capossela sold 4,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 14th. The stock was sold at an average price of $83.48, for a total value of $333,920.00. Following the completion of the transaction, the executive vice president now owns 185,278 shares of the company’s stock, valued at $15,467,007.44. The disclosure for this sale can be found here. Insiders sold a total of 104,763 shares of company stock valued at $7,908,472 over the last 90 days. 1.49% of the stock is currently owned by corporate insiders.

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Shares of Microsoft Corporation (MSFT) opened at $82.53 on Tuesday. The stock has a market cap of $636,690.00, a P/E ratio of 24.38, a P/E/G ratio of 1.92 and a beta of 1.01. Microsoft Corporation has a fifty-two week low of $58.80 and a fifty-two week high of $86.20. The company has a quick ratio of 3.06, a current ratio of 3.12 and a debt-to-equity ratio of 0.91.

Microsoft Corporation (NASDAQ:MSFT) last released its earnings results on Thursday, October 26th. The software giant reported $0.84 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.72 by $0.12. The company had revenue of $24.50 billion during the quarter, compared to analyst estimates 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 in the prior year, the firm posted $0.76 EPS. analysts predict that Microsoft Corporation will post 3.38 earnings per share for the current fiscal year.

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

Microsoft Corporation Company Profile

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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