Janney Capital Management LLC decreased its stake in shares of Microsoft Co. (NASDAQ:MSFT) by 18.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 173,104 shares of the software giant’s stock after selling 38,616 shares during the period. Microsoft makes up 2.4% of Janney Capital Management LLC’s portfolio, making the stock its 4th biggest position. Janney Capital Management LLC’s holdings in Microsoft were worth $35,229,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in MSFT. Selective Wealth Management Inc. increased its stake in Microsoft by 26.9% during the 2nd quarter. Selective Wealth Management Inc. now owns 236 shares of the software giant’s stock valued at $48,000 after buying an additional 50 shares during the period. Avondale Wealth Management grew its stake in shares of Microsoft by 25.4% in the 1st quarter. Avondale Wealth Management now owns 464 shares of the software giant’s stock worth $73,000 after purchasing an additional 94 shares during the last quarter. Sofos Investments Inc. grew its stake in shares of Microsoft by 15.5% in the 1st quarter. Sofos Investments Inc. now owns 2,552 shares of the software giant’s stock worth $81,000 after purchasing an additional 343 shares during the last quarter. John W. Brooker & Co. CPAs grew its stake in shares of Microsoft by 21.4% in the 1st quarter. John W. Brooker & Co. CPAs now owns 568 shares of the software giant’s stock worth $90,000 after purchasing an additional 100 shares during the last quarter. Finally, Cypress Capital Management LLC WY grew its stake in shares of Microsoft by 14.3% in the 1st quarter. Cypress Capital Management LLC WY now owns 761 shares of the software giant’s stock worth $120,000 after purchasing an additional 95 shares during the last quarter. 70.59% of the stock is currently owned by hedge funds and other institutional investors.

NASDAQ MSFT opened at $205.01 on Friday. The company has a quick ratio of 2.49, a current ratio of 2.52 and a debt-to-equity ratio of 0.57. The stock has a market capitalization of $1,554.68 billion, a PE ratio of 35.65, a price-to-earnings-growth ratio of 2.33 and a beta of 0.93. The company has a 50 day moving average price of $202.18 and a two-hundred day moving average price of $178.77. Microsoft Co. has a 12-month low of $130.78 and a 12-month high of $216.38.

Microsoft (NASDAQ:MSFT) last posted its earnings results on Wednesday, July 22nd. The software giant reported $1.46 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.34 by $0.12. The firm had revenue of $38.03 billion during the quarter, compared to analysts’ expectations of $36.59 billion. Microsoft had a net margin of 30.96% and a return on equity of 39.45%. As a group, equities analysts anticipate that Microsoft Co. will post 6.39 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Thursday, August 20th will be paid a $0.51 dividend. This represents a $2.04 dividend on an annualized basis and a yield of 1.00%. The ex-dividend date is Wednesday, August 19th. Microsoft’s dividend payout ratio (DPR) is presently 35.42%.

MSFT has been the topic of several recent research reports. Wedbush lifted their price objective on shares of Microsoft from $220.00 to $260.00 and gave the stock an “outperform” rating in a research note on Thursday, July 9th. Macquarie reaffirmed a “buy” rating and issued a $200.00 price objective on shares of Microsoft in a research note on Thursday, April 30th. Credit Suisse Group reaffirmed a “buy” rating and issued a $225.00 price objective on shares of Microsoft in a research note on Thursday, July 23rd. Bank of America reaffirmed a “buy” rating and issued a $230.00 price objective on shares of Microsoft in a research note on Monday, July 20th. Finally, Mizuho reaffirmed a “buy” rating and issued a $205.00 price objective on shares of Microsoft in a research note on Wednesday, May 20th. Four analysts have rated the stock with a hold rating, thirty-three have assigned a buy rating and one has issued a strong buy rating to the company. Microsoft presently has an average rating of “Buy” and an average price target of $213.23.

Microsoft Company Profile

Microsoft Corporation develops, licenses, and supports software, services, devices, and solutions worldwide. Its company's Productivity and Business Processes segment offers Office 365 commercial products and services, such as Office, Exchange, SharePoint, Skype for Business, Microsoft Teams, and related Client Access Licenses (CALs); Office 365 consumer services, including Skype, Outlook.com, and OneDrive; LinkedIn online professional network; and Dynamics business solutions comprising financial management, enterprise resource planning, customer relationship management, supply chain management, and analytics applications for small and medium businesses, large organizations, and divisions of enterprises.

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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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