HighVista Strategies LLC bought a new stake in Microsoft Corporation (NASDAQ:MSFT) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 43,800 shares of the software giant’s stock, valued at approximately $3,019,000.

Other institutional investors also recently modified their holdings of the company. Appropriate Balance Financial Services Inc. increased its stake in shares of Microsoft by 4.7% during the 2nd quarter. Appropriate Balance Financial Services Inc. now owns 643 shares of the software giant’s stock worth $9,331,000 after purchasing an additional 29 shares in the last quarter. Acrospire Investment Management LLC increased its stake in shares of Microsoft by 300.0% during the 2nd quarter. Acrospire Investment Management LLC now owns 1,600 shares of the software giant’s stock worth $110,000 after purchasing an additional 1,200 shares in the last quarter. Hefty Wealth Partners increased its stake in shares of Microsoft by 65.6% during the 2nd quarter. Hefty Wealth Partners now owns 1,648 shares of the software giant’s stock worth $113,000 after purchasing an additional 653 shares in the last quarter. Ullmann Financial Group Inc. purchased a new position in shares of Microsoft during the 1st quarter worth approximately $132,000. Finally, Stelac Advisory Services LLC increased its stake in shares of Microsoft by 23.5% during the 2nd quarter. Stelac Advisory Services LLC now owns 2,033 shares of the software giant’s stock worth $140,000 after purchasing an additional 387 shares in the last quarter. 73.33% of the stock is owned by institutional investors.

Microsoft Corporation (NASDAQ MSFT) opened at $84.16 on Monday. The firm has a market cap of $649,259.94, a price-to-earnings ratio of 24.90, a price-to-earnings-growth ratio of 1.96 and a beta of 0.99. Microsoft Corporation has a 1-year low of $61.13 and a 1-year 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 (NASDAQ:MSFT) last announced its quarterly earnings results on Thursday, October 26th. The software giant reported $0.84 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.72 by $0.12. The company had revenue of $24.50 billion for the quarter, compared to analyst estimates of $23.57 billion. Microsoft had a net margin of 24.56% and a return on equity of 35.23%. Microsoft’s revenue for the quarter was up 11.7% on a year-over-year basis. During the same quarter last year, the business earned $0.76 EPS. equities research analysts expect that Microsoft Corporation will post 3.38 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 8th. Shareholders of record on Thursday, February 15th will be issued a $0.42 dividend. The ex-dividend date of this dividend 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 (DPR) is presently 57.14%.

A number of research analysts have recently weighed in on MSFT shares. ValuEngine raised shares of Microsoft from a “hold” rating to a “buy” rating in a research note on Wednesday, September 6th. Morningstar reissued a “neutral” rating on shares of Microsoft in a research note on Monday, October 16th. Credit Suisse Group reissued an “outperform” rating on shares of Microsoft in a research note on Thursday, August 31st. Royal Bank Of Canada reissued an “outperform” rating and set a $88.00 price objective (up from $85.00) on shares of Microsoft in a research note on Friday, October 27th. Finally, UBS set a $105.00 price objective on shares of Microsoft and gave the stock a “buy” rating in a research note on Thursday, November 9th. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and thirty have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $85.28.

In related news, EVP Christopher C. Capossela sold 4,000 shares of Microsoft 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 transaction, 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 document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Frank H. Brod sold 15,000 shares of Microsoft stock in a transaction on Thursday, November 2nd. The shares were 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 in the company, valued at approximately $9,770,516.40. The disclosure for this sale can be found here. In the last quarter, insiders sold 45,000 shares of company stock worth $3,759,420. 1.49% of the stock is owned by company insiders.

ILLEGAL ACTIVITY WARNING: This story was first reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this story on another domain, it was illegally stolen and republished in violation of United States & international trademark & copyright laws. The original version of this story can be accessed at https://www.thecerbatgem.com/2017/12/11/43800-shares-in-microsoft-corporation-msft-purchased-by-highvista-strategies-llc.html.

About Microsoft

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.

Want to see what other hedge funds are holding MSFT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Microsoft Corporation (NASDAQ:MSFT).

Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

Receive News & Stock Ratings for Microsoft Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Microsoft Corporation and related stocks with our FREE daily email newsletter.