Breton Hill Capital Ltd. trimmed its holdings in Microsoft Corporation (NASDAQ:MSFT) by 1.6% in the second quarter, according to its most recent disclosure with the SEC. The fund owned 16,161 shares of the software giant’s stock after selling 265 shares during the period. Breton Hill Capital Ltd.’s holdings in Microsoft Corporation were worth $1,114,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. Puplava Financial Services Inc. raised its holdings in shares of Microsoft Corporation by 7.1% in the second quarter. Puplava Financial Services Inc. now owns 145,763 shares of the software giant’s stock valued at $10,047,000 after buying an additional 9,688 shares during the last quarter. Cypress Asset Management Inc. TX increased its stake in shares of Microsoft Corporation by 125.9% during the second quarter. Cypress Asset Management Inc. TX now owns 66,425 shares of the software giant’s stock worth $4,579,000 after acquiring an additional 37,020 shares during the period. Investment Partners Ltd. OH ADV increased its stake in shares of Microsoft Corporation by 6.8% during the second quarter. Investment Partners Ltd. OH ADV now owns 31,048 shares of the software giant’s stock worth $2,140,000 after acquiring an additional 1,974 shares during the period. PGGM Investments increased its stake in shares of Microsoft Corporation by 118.0% during the second quarter. PGGM Investments now owns 808,096 shares of the software giant’s stock worth $55,702,000 after acquiring an additional 437,442 shares during the period. Finally, Meag Munich Ergo Kapitalanlagegesellschaft MBH increased its stake in shares of Microsoft Corporation by 46.7% during the second quarter. Meag Munich Ergo Kapitalanlagegesellschaft MBH now owns 990,890 shares of the software giant’s stock worth $67,738,000 after acquiring an additional 315,602 shares during the period. 73.40% of the stock is owned by institutional investors and hedge funds.

A number of research analysts have recently issued reports on the stock. Oppenheimer Holdings, Inc. set a $80.00 price target on shares of Microsoft Corporation and gave the stock a “buy” rating in a research note on Monday, September 25th. Stifel Nicolaus reiterated a “buy” rating and set a $80.00 price target on shares of Microsoft Corporation in a research note on Monday, September 18th. Royal Bank Of Canada set a $77.00 price target on shares of Microsoft Corporation and gave the stock a “buy” rating in a research note on Monday, September 18th. Canaccord Genuity reiterated a “hold” rating and set a $76.00 price target on shares of Microsoft Corporation in a research note on Friday, September 15th. Finally, Vetr lowered shares of Microsoft Corporation from a “buy” rating to a “hold” rating and set a $74.32 price target on the stock. in a research note on Tuesday, September 12th. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating and thirty have given a buy rating to the company’s stock. Microsoft Corporation has an average rating of “Buy” and an average target price of $76.72.

Microsoft Corporation (MSFT) traded up 0.84% during midday trading on Friday, reaching $74.49. 17,079,114 shares of the company were exchanged. The firm’s 50-day moving average is $73.41 and its 200-day moving average is $69.80. The firm has a market cap of $573.74 billion, a P/E ratio of 27.49 and a beta of 1.00. Microsoft Corporation has a one year low of $56.32 and a one year high of $75.97.

Microsoft Corporation (NASDAQ:MSFT) last issued its quarterly earnings data on Thursday, July 20th. The software giant reported $0.98 earnings per share 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 business 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 company earned $0.69 earnings per share. Microsoft Corporation’s revenue for the quarter was up 9.1% on a year-over-year basis. On average, equities analysts expect that Microsoft Corporation will post $3.20 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 14th. Stockholders of record on Thursday, November 16th will be paid a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a dividend yield of 2.26%. This is a boost from Microsoft Corporation’s previous quarterly dividend of $0.39. The ex-dividend date of this dividend is Wednesday, November 15th. Microsoft Corporation’s payout ratio is presently 57.78%.

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In other news, insider G Mason Morfit sold 7,000,000 shares of the business’s stock in a transaction on Tuesday, August 8th. The shares were sold at an average price of $72.56, for a total value of $507,920,000.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Jean Philippe Courtois sold 26,763 shares of the business’s 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 completion of the sale, the insider now owns 544,080 shares of the company’s stock, valued at $40,261,920. The disclosure for this sale can be found here. Insiders sold 7,108,526 shares of company stock valued at $515,879,974 over the last 90 days. 2.99% of the stock is owned by corporate insiders.

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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