Route One Investment Company L.P. cut its position in Microsoft Corporation (NASDAQ:MSFT) by 34.1% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 2,234,300 shares of the software giant’s stock after selling 1,155,000 shares during the period. Microsoft makes up about 6.0% of Route One Investment Company L.P.’s investment portfolio, making the stock its 6th largest holding. Route One Investment Company L.P. owned about 0.07% of Microsoft worth $154,010,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of the business. New Capital Management LP raised its holdings in shares of Microsoft by 0.5% during the first quarter. New Capital Management LP now owns 4,305 shares of the software giant’s stock valued at $284,000 after purchasing an additional 22 shares during the last quarter. Nottingham Advisors Inc. raised its holdings in shares of Microsoft by 0.4% during the second quarter. Nottingham Advisors Inc. now owns 5,399 shares of the software giant’s stock valued at $372,000 after purchasing an additional 22 shares during the last quarter. American Economic Planning Group Inc. ADV raised its holdings in shares of Microsoft by 0.5% during the second quarter. American Economic Planning Group Inc. ADV now owns 4,939 shares of the software giant’s stock valued at $340,000 after purchasing an additional 23 shares during the last quarter. Carderock Capital Management Inc. grew its position in Microsoft by 0.7% during the second quarter. Carderock Capital Management Inc. now owns 3,981 shares of the software giant’s stock valued at $274,000 after buying an additional 26 shares during the period. Finally, Appropriate Balance Financial Services Inc. grew its position in Microsoft by 4.7% during the second 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 during the period. 73.33% of the stock is owned by institutional investors and hedge funds.

Several analysts recently issued reports on MSFT shares. Canaccord Genuity restated a “hold” rating and set a $76.00 target price on shares of Microsoft in a research report on Friday, September 15th. Royal Bank Of Canada restated an “outperform” rating and set a $88.00 target price (up from $85.00) on shares of Microsoft in a research report on Friday, October 27th. Evercore ISI restated a “buy” rating and set a $80.00 target price on shares of Microsoft in a research report on Friday, August 18th. UBS set a $105.00 target price on shares of Microsoft and gave the company a “buy” rating in a research report on Thursday, November 9th. Finally, KeyCorp restated a “buy” rating and set a $94.00 target price on shares of Microsoft in a research report on Friday, October 27th. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating, twenty-nine have issued a buy rating and one has issued a strong buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of $85.29.

Microsoft Corporation (NASDAQ:MSFT) opened at $84.16 on Friday. The company has a debt-to-equity ratio of 0.91, a quick ratio of 3.06 and a current ratio of 3.12. Microsoft Corporation has a 12-month low of $61.13 and a 12-month high of $86.20. The firm has a market cap of $636,376.56, a price-to-earnings ratio of 24.41, a P/E/G ratio of 1.92 and a beta of 0.99.

Microsoft (NASDAQ:MSFT) last issued its earnings results on Thursday, October 26th. The software giant reported $0.84 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.72 by $0.12. Microsoft had a net margin of 24.56% and a return on equity of 35.23%. The firm had revenue of $24.50 billion during the quarter, compared to analyst estimates of $23.57 billion. During the same quarter in the prior year, the business earned $0.76 earnings per share. Microsoft’s revenue for the quarter was up 11.7% on a year-over-year basis. analysts expect that Microsoft Corporation will post 3.38 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 8th. Investors of record on Thursday, February 15th will be given a dividend of $0.42 per share. The ex-dividend date is Wednesday, February 14th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 2.00%. Microsoft’s dividend payout ratio is 57.14%.

In related news, insider Frank H. Brod sold 18,000 shares of the company’s stock in a transaction on Monday, December 4th. The shares were sold at an average price of $83.15, for a total transaction of $1,496,700.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Frank H. Brod sold 15,000 shares of the company’s stock in a transaction on Thursday, November 2nd. The stock was sold at an average price of $84.08, for a total transaction of $1,261,200.00. Following the transaction, the insider now owns 116,205 shares of the company’s stock, valued at approximately $9,770,516.40. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 45,000 shares of company stock valued at $3,759,420. 1.49% of the stock is owned by company insiders.

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Microsoft 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 (NASDAQ:MSFT)

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