Tandem Investment Advisors Inc. lifted its holdings in shares of Microsoft Corporation (NASDAQ:MSFT) by 5.4% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 89,157 shares of the software giant’s stock after purchasing an additional 4,557 shares during the quarter. Microsoft accounts for 2.4% of Tandem Investment Advisors Inc.’s holdings, making the stock its 21st largest position. Tandem Investment Advisors Inc.’s holdings in Microsoft were worth $6,146,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Acrospire Investment Management LLC increased its stake in Microsoft by 300.0% in the second quarter. Acrospire Investment Management LLC now owns 1,600 shares of the software giant’s stock valued at $110,000 after acquiring an additional 1,200 shares during the last quarter. Hefty Wealth Partners increased its stake in Microsoft by 65.6% in the second quarter. Hefty Wealth Partners now owns 1,648 shares of the software giant’s stock valued at $113,000 after acquiring an additional 653 shares during the last quarter. Ullmann Financial Group Inc. bought a new position in Microsoft in the first quarter valued at approximately $132,000. Stelac Advisory Services LLC increased its stake in Microsoft by 23.5% in the second quarter. Stelac Advisory Services LLC now owns 2,033 shares of the software giant’s stock valued at $140,000 after acquiring an additional 387 shares during the last quarter. Finally, Opera Trading Capital increased its stake in Microsoft by 1,522.0% in the second quarter. Opera Trading Capital now owns 2,433 shares of the software giant’s stock valued at $168,000 after acquiring an additional 2,283 shares during the last quarter. 73.33% of the stock is currently owned by institutional investors.

A number of analysts have weighed in on MSFT shares. Canaccord Genuity restated a “hold” rating and issued 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 issued a $88.00 target price (up previously from $85.00) on shares of Microsoft in a research report on Friday, October 27th. Evercore ISI restated a “buy” rating and issued 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, Vetr lowered shares of Microsoft from a “strong-buy” rating to a “buy” rating and set a $93.77 target price on the stock. in a research report on Monday. 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. Microsoft currently has an average rating of “Buy” and a consensus target price of $85.28.

Microsoft Corporation (MSFT) opened at $85.35 on Thursday. The company has a market cap of $659,790.00, a price-to-earnings ratio of 25.22, a PEG ratio of 1.99 and a beta of 0.99. 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 fifty-two week low of $61.95 and a fifty-two week high of $86.20.

Microsoft (NASDAQ:MSFT) last released its earnings results on Thursday, October 26th. The software giant reported $0.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.72 by $0.12. The business 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 in the previous year, the business earned $0.76 earnings per share. research analysts forecast that Microsoft Corporation will post 3.38 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 8th. Investors 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 annualized dividend and a yield of 1.97%. Microsoft’s payout ratio is 56.76%.

In related news, EVP Christopher C. Capossela sold 4,000 shares of the business’s stock in a transaction on Friday, November 10th. The shares were sold at an average price of $83.46, for a total value of $333,840.00. Following the transaction, the executive vice president now owns 189,278 shares in the company, valued at $15,797,141.88. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, insider Frank H. Brod sold 15,000 shares of the business’s 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 completion of 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 90 days, insiders sold 45,000 shares of company stock worth $3,759,420. 1.49% of the stock is owned by company insiders.

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Microsoft 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.

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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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