BB&T Corp lowered its stake in Microsoft Corporation (NASDAQ:MSFT) by 3.7% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,114,055 shares of the software giant’s stock after selling 42,305 shares during the period. Microsoft Corporation makes up 1.5% of BB&T Corp’s portfolio, making the stock its 5th largest position. BB&T Corp’s holdings in Microsoft Corporation were worth $76,792,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in MSFT. Northstar Group Inc. increased its stake in shares of Microsoft Corporation by 0.3% in the first quarter. Northstar Group Inc. now owns 3,790 shares of the software giant’s stock worth $248,000 after buying an additional 12 shares during the last quarter. Gierl Augustine Investment Management Inc increased its stake in shares of Microsoft Corporation by 0.3% in the first quarter. Gierl Augustine Investment Management Inc now owns 4,034 shares of the software giant’s stock worth $266,000 after buying an additional 13 shares during the last quarter. New Capital Management LP increased its stake in shares of Microsoft Corporation by 0.5% in the first quarter. New Capital Management LP now owns 4,305 shares of the software giant’s stock worth $284,000 after buying an additional 22 shares during the last quarter. Nottingham Advisors Inc. increased its stake in shares of Microsoft Corporation by 0.4% in the second quarter. Nottingham Advisors Inc. now owns 5,399 shares of the software giant’s stock worth $372,000 after buying an additional 22 shares during the last quarter. Finally, Vista Capital Partners Inc. increased its stake in shares of Microsoft Corporation by 0.4% in the first quarter. Vista Capital Partners Inc. now owns 9,411 shares of the software giant’s stock worth $620,000 after buying an additional 36 shares during the last quarter. Institutional investors and hedge funds own 73.46% of the company’s stock.

Microsoft Corporation (MSFT) traded up 0.10% during trading on Monday, hitting $72.89. 4,413,776 shares of the company traded hands. The firm has a 50 day moving average of $72.63 and a 200 day moving average of $68.58. Microsoft Corporation has a one year low of $55.61 and a one year high of $74.42. The firm has a market cap of $561.42 billion, a P/E ratio of 26.90 and a beta of 1.01.

Microsoft Corporation (NASDAQ:MSFT) last released its quarterly earnings data on Thursday, July 20th. The software giant reported $0.98 EPS for the quarter, topping the Zacks’ consensus estimate of $0.71 by $0.27. Microsoft Corporation had a net margin of 23.57% and a return on equity of 36.81%. The firm had revenue of $24.70 billion during the quarter, compared to analysts’ expectations of $24.29 billion. During the same period in the previous year, the business posted $0.69 earnings per share. The company’s revenue for the quarter was up 9.1% compared to the same quarter last year. On average, analysts expect that Microsoft Corporation will post $3.21 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 14th. Shareholders of record on Thursday, August 17th will be given a dividend of $0.39 per share. The ex-dividend date is Tuesday, August 15th. This represents a $1.56 dividend on an annualized basis and a yield of 2.14%. Microsoft Corporation’s dividend payout ratio (DPR) is 57.78%.

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MSFT has been the subject of a number of recent analyst reports. Raymond James Financial, Inc. restated a “strong-buy” rating and issued a $77.00 price objective (up previously from $73.00) on shares of Microsoft Corporation in a research report on Monday, May 1st. Oppenheimer Holdings, Inc. restated an “outperform” rating and issued a $75.00 price objective (up previously from $70.00) on shares of Microsoft Corporation in a research report on Monday, May 1st. Zacks Investment Research upgraded shares of Microsoft Corporation from a “sell” rating to a “hold” rating in a research report on Monday, May 1st. Vetr upgraded shares of Microsoft Corporation from a “hold” rating to a “buy” rating and set a $71.81 price objective for the company in a research report on Thursday, May 4th. Finally, Goldman Sachs Group, Inc. (The) restated a “buy” rating and issued a $78.00 price objective on shares of Microsoft Corporation in a research report on Tuesday, May 9th. Two analysts have rated the stock with a sell rating, eight have given a hold rating and twenty-nine have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $76.26.

In other Microsoft Corporation news, insider G Mason Morfit sold 7,000,000 shares of Microsoft Corporation stock in a transaction on Tuesday, August 8th. The shares were sold at an average price of $72.56, for a total transaction of $507,920,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Jean Philippe Courtois sold 26,763 shares of Microsoft Corporation stock in a transaction on Tuesday, July 25th. The stock was sold at an average price of $74.00, for a total transaction of $1,980,462.00. Following the transaction, the insider now directly owns 544,080 shares of the company’s stock, valued at $40,261,920. The disclosure for this sale can be found here. Insiders own 2.99% of the company’s stock.

About Microsoft Corporation

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.

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

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