Certified Advisory Corp Increases Stake in Microsoft Co. (MSFT)

Certified Advisory Corp increased its holdings in Microsoft Co. (NASDAQ:MSFT) by 15.8% in the first quarter, HoldingsChannel reports. The firm owned 17,227 shares of the software giant’s stock after acquiring an additional 2,353 shares during the period. Microsoft makes up approximately 0.9% of Certified Advisory Corp’s investment portfolio, making the stock its 25th biggest position. Certified Advisory Corp’s holdings in Microsoft were worth $1,572,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Kohmann Bosshard Financial Services LLC purchased a new stake in Microsoft during the 4th quarter valued at $103,000. Cerebellum GP LLC purchased a new stake in Microsoft during the 4th quarter valued at $134,000. Family Capital Trust Co purchased a new stake in Microsoft during the 4th quarter valued at $188,000. AlphaStar Capital Management LLC purchased a new stake in Microsoft during the 4th quarter valued at $204,000. Finally, Moller Financial Services purchased a new stake in Microsoft during the 4th quarter valued at $205,000. 72.32% of the stock is owned by institutional investors.

NASDAQ:MSFT opened at $98.61 on Friday. The stock has a market cap of $759.43 billion, a price-to-earnings ratio of 29.79, a PEG ratio of 2.15 and a beta of 1.04. The company has a debt-to-equity ratio of 1.00, a current ratio of 3.40 and a quick ratio of 3.35. Microsoft Co. has a fifty-two week low of $68.02 and a fifty-two week high of $102.69.

Microsoft (NASDAQ:MSFT) last released its quarterly earnings data on Thursday, April 26th. The software giant reported $0.95 earnings per share for the quarter, beating analysts’ consensus estimates of $0.85 by $0.10. The business had revenue of $26.82 billion during the quarter, compared to analyst estimates of $25.78 billion. Microsoft had a net margin of 13.72% and a return on equity of 36.49%. Microsoft’s revenue was up 15.5% compared to the same quarter last year. During the same period last year, the business earned $0.73 EPS. equities research analysts expect that Microsoft Co. will post 3.84 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 13th. Shareholders of record on Thursday, August 16th will be paid a dividend of $0.42 per share. The ex-dividend date of this dividend is Wednesday, August 15th. This represents a $1.68 dividend on an annualized basis and a yield of 1.70%. Microsoft’s dividend payout ratio is currently 50.76%.

Several brokerages have weighed in on MSFT. Argus reissued a “focus list” rating and set a $116.00 price target on shares of Microsoft in a research report on Wednesday, June 6th. Macquarie reissued a “neutral” rating and set a $100.00 price target on shares of Microsoft in a research report on Wednesday, June 13th. Goldman Sachs Group reissued a “buy” rating and set a $117.00 price target on shares of Microsoft in a research report on Monday, April 30th. Atlantic Securities raised shares of Microsoft from a “neutral” rating to an “overweight” rating in a research report on Monday, June 25th. Finally, Canaccord Genuity increased their price target on shares of Microsoft from $105.00 to $110.00 and gave the company a “buy” rating in a research report on Friday, April 27th. One analyst has rated the stock with a sell rating, five have issued a hold rating, thirty-one have assigned a buy rating and one has given a strong buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $105.49.

In other Microsoft news, EVP Christopher C. Capossela sold 10,000 shares of the firm’s stock in a transaction dated Thursday, June 7th. The shares were sold at an average price of $100.99, for a total transaction 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 approximately $16,017,114.99. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Sandra E. Peterson acquired 5,400 shares of Microsoft stock in a transaction on Tuesday, June 5th. The shares were purchased at an average price of $101.96 per share, with a total value of $550,584.00. Following the completion of the purchase, the director now owns 5,400 shares in the company, valued at approximately $550,584. The disclosure for this purchase can be found here. 1.49% of the stock is currently owned by company insiders.

Microsoft 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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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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