Microsoft Co. (MSFT) Short Interest Up 5.2% in June

Microsoft Co. (NASDAQ:MSFT) was the recipient of a significant growth in short interest in June. As of June 15th, there was short interest totalling 54,943,793 shares, a growth of 5.2% from the May 31st total of 52,207,161 shares. Based on an average daily volume of 28,494,867 shares, the short-interest ratio is currently 1.9 days. Approximately 0.7% of the company’s stock are sold short.

In related news, EVP Christopher C. Capossela sold 10,000 shares of the company’s stock in a transaction on Thursday, June 7th. The shares were sold at an average price of $100.99, for a total value of $1,009,900.00. Following the completion of the sale, the executive vice president now directly owns 158,601 shares in the company, valued at $16,017,114.99. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Sandra E. Peterson acquired 5,400 shares of the firm’s stock in a transaction that occurred on Tuesday, June 5th. The stock was acquired at an average price of $101.96 per share, with a total value of $550,584.00. Following the completion of the acquisition, the director now directly owns 5,400 shares of the company’s stock, valued at approximately $550,584. The disclosure for this purchase can be found here. Corporate insiders own 1.49% of the company’s stock.

A number of large investors have recently bought and sold shares of MSFT. BlackRock Inc. increased its holdings in shares of Microsoft by 1.3% during the first quarter. BlackRock Inc. now owns 499,849,770 shares of the software giant’s stock worth $45,621,287,000 after buying an additional 6,488,089 shares in the last quarter. Schwab Charles Investment Management Inc. increased its holdings in shares of Microsoft by 3.8% during the fourth quarter. Schwab Charles Investment Management Inc. now owns 31,523,813 shares of the software giant’s stock worth $2,696,444,000 after buying an additional 1,148,178 shares in the last quarter. Massachusetts Financial Services Co. MA increased its holdings in shares of Microsoft by 12.3% during the first quarter. Massachusetts Financial Services Co. MA now owns 27,839,945 shares of the software giant’s stock worth $2,540,952,000 after buying an additional 3,049,723 shares in the last quarter. Sumitomo Mitsui Trust Holdings Inc. increased its holdings in shares of Microsoft by 1.6% during the first quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 21,899,699 shares of the software giant’s stock worth $1,998,786,000 after buying an additional 346,564 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its holdings in shares of Microsoft by 7.6% during the first quarter. Dimensional Fund Advisors LP now owns 20,956,647 shares of the software giant’s stock worth $1,912,713,000 after buying an additional 1,473,682 shares in the last quarter. 72.32% of the stock is owned by hedge funds and other institutional investors.

Microsoft opened at $97.54 on Thursday, Marketbeat.com reports. Microsoft has a 12-month low of $68.02 and a 12-month high of $102.69. The company has a debt-to-equity ratio of 1.00, a current ratio of 3.40 and a quick ratio of 3.35. The stock has a market capitalization of $757.58 billion, a P/E ratio of 29.47, a price-to-earnings-growth ratio of 2.15 and a beta of 1.04.

Microsoft (NASDAQ:MSFT) last posted its quarterly earnings results on Thursday, April 26th. The software giant reported $0.95 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.85 by $0.10. Microsoft had a net margin of 13.72% and a return on equity of 36.49%. The firm had revenue of $26.82 billion during the quarter, compared to analyst estimates of $25.78 billion. During the same quarter in the prior year, the business posted $0.73 earnings per share. The company’s quarterly revenue was up 15.5% compared to the same quarter last year. equities analysts predict that Microsoft will post 3.84 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 13th. Investors of record on Thursday, August 16th will be given a $0.42 dividend. This represents a $1.68 annualized dividend and a yield of 1.72%. The ex-dividend date is Wednesday, August 15th. Microsoft’s dividend payout ratio (DPR) is presently 50.76%.

A number of brokerages recently issued reports on MSFT. BidaskClub cut shares of Microsoft from a “strong-buy” rating to a “buy” rating in a report on Tuesday. Atlantic Securities upgraded shares of Microsoft from a “neutral” rating to an “overweight” rating in a report on Monday. Jefferies Financial Group set a $75.00 price objective on shares of Microsoft and gave the stock a “sell” rating in a report on Monday, June 18th. Barclays reiterated a “buy” rating and issued a $108.00 price objective on shares of Microsoft in a report on Thursday, June 14th. Finally, Stifel Nicolaus restated a “buy” rating and set a $107.00 price target on shares of Microsoft in a report on Wednesday, June 13th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating, thirty-one have issued a buy rating and one has issued a strong buy rating to the stock. Microsoft presently has a consensus rating of “Buy” and a consensus target price of $105.49.

Microsoft Company Profile

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

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