Financial Sense Advisors Inc. decreased its position in Microsoft Co. (NASDAQ:MSFT) by 4.8% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 138,697 shares of the software giant’s stock after selling 7,066 shares during the quarter. Microsoft accounts for 5.3% of Financial Sense Advisors Inc.’s portfolio, making the stock its 5th biggest holding. Financial Sense Advisors Inc.’s holdings in Microsoft were worth $10,332,000 at the end of the most recent quarter.
Other large investors have also recently added to or reduced their stakes in the company. Capital Research Global Investors raised its position in Microsoft by 212.3% during the 2nd quarter. Capital Research Global Investors now owns 69,663,044 shares of the software giant’s stock valued at $4,801,874,000 after purchasing an additional 47,353,245 shares in the last quarter. Janus Henderson Group PLC raised its position in shares of Microsoft by 609.4% in the 2nd quarter. Janus Henderson Group PLC now owns 49,174,883 shares of the software giant’s stock worth $3,389,625,000 after acquiring an additional 42,243,011 shares in the last quarter. Vanguard Group Inc. raised its position in shares of Microsoft by 4.6% in the 2nd quarter. Vanguard Group Inc. now owns 564,052,011 shares of the software giant’s stock worth $38,880,105,000 after acquiring an additional 25,053,413 shares in the last quarter. Tiger Global Management LLC raised its position in shares of Microsoft by 395.2% in the 2nd quarter. Tiger Global Management LLC now owns 10,487,500 shares of the software giant’s stock worth $722,903,000 after acquiring an additional 8,369,500 shares in the last quarter. Finally, Parametric Portfolio Associates LLC raised its position in shares of Microsoft by 32.5% in the 2nd quarter. Parametric Portfolio Associates LLC now owns 19,139,433 shares of the software giant’s stock worth $1,319,271,000 after acquiring an additional 4,699,588 shares in the last quarter. 73.26% of the stock is currently owned by institutional investors and hedge funds.
Shares of Microsoft Co. (NASDAQ MSFT) traded down $2.48 during mid-day trading on Friday, reaching $91.78. The company had a trading volume of 47,076,959 shares, compared to its average volume of 25,970,000. The firm has a market cap of $708,050.00, a PE ratio of 62.44, a PEG ratio of 2.05 and a beta of 1.06. Microsoft Co. has a 1 year low of $63.07 and a 1 year high of $96.07. The company has a debt-to-equity ratio of 1.01, a current ratio of 2.89 and a quick ratio of 3.06.
Microsoft (NASDAQ:MSFT) last announced its quarterly earnings data on Wednesday, January 31st. The software giant reported $0.96 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.87 by $0.09. Microsoft had a return on equity of 35.41% and a net margin of 11.72%. The company had revenue of $28.92 billion for the quarter, compared to analyst estimates of $28.42 billion. During the same quarter in the previous year, the company earned $0.83 EPS. The firm’s revenue for the quarter was up 11.9% compared to the same quarter last year. equities research analysts predict that Microsoft Co. will post 3.59 earnings per share for the current year.
The company also recently declared a quarterly dividend, which will be paid on Thursday, March 8th. Stockholders of record on Thursday, February 15th will be paid a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a dividend yield of 1.83%. The ex-dividend date of this dividend is Wednesday, February 14th. Microsoft’s dividend payout ratio (DPR) is 114.29%.
Several research analysts recently issued reports on the company. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $118.00 target price (up from $109.00) on shares of Microsoft in a research report on Thursday. UBS Group set a $110.00 target price on Microsoft and gave the company a “buy” rating in a research report on Thursday. Macquarie set a $95.00 price target on Microsoft and gave the company a “neutral” rating in a research note on Thursday. Jefferies Group set a $62.00 price target on Microsoft and gave the company a “sell” rating in a research note on Thursday. Finally, Morgan Stanley set a $110.00 price target on Microsoft and gave the company a “buy” rating in a research note on Thursday. One research analyst has rated the stock with a sell rating, eight have given a hold rating and thirty have issued a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $98.52.
In related news, EVP Christopher C. Capossela sold 4,000 shares of Microsoft stock in a transaction that occurred on Tuesday, November 14th. The stock was sold at an average price of $83.48, for a total transaction of $333,920.00. Following the completion of the transaction, the executive vice president now directly owns 185,278 shares in the company, valued at approximately $15,467,007.44. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Frank H. Brod sold 18,000 shares of Microsoft stock in a transaction that occurred on Monday, December 4th. The stock was sold at an average price of $83.15, for a total value of $1,496,700.00. The disclosure for this sale can be found here. Insiders have sold a total of 30,000 shares of company stock worth $2,498,220 in the last three months. Corporate insiders own 1.49% of the company’s stock.
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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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