Hutchens Investment Management Inc lifted its stake in shares of Microsoft Co. (NASDAQ:MSFT) by 3.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 26,653 shares of the software giant’s stock after acquiring an additional 787 shares during the quarter. Microsoft accounts for 2.2% of Hutchens Investment Management Inc’s portfolio, making the stock its 15th largest holding. Hutchens Investment Management Inc’s holdings in Microsoft were worth $2,279,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Acrospire Investment Management LLC boosted its position in shares of Microsoft by 300.0% in the second quarter. Acrospire Investment Management LLC now owns 1,600 shares of the software giant’s stock worth $110,000 after buying an additional 1,200 shares during the period. Stelac Advisory Services LLC boosted its position in shares of Microsoft by 23.5% in the second quarter. Stelac Advisory Services LLC now owns 2,033 shares of the software giant’s stock worth $140,000 after buying an additional 387 shares during the period. Pacific Center for Financial Services boosted its position in shares of Microsoft by 3.0% in the second quarter. Pacific Center for Financial Services now owns 2,572 shares of the software giant’s stock worth $177,000 after buying an additional 75 shares during the period. AlphaMark Advisors LLC boosted its position in shares of Microsoft by 1.1% in the second quarter. AlphaMark Advisors LLC now owns 2,677 shares of the software giant’s stock worth $185,000 after buying an additional 30 shares during the period. Finally, NewSquare Capital LLC boosted its position in shares of Microsoft by 470.8% in the third quarter. NewSquare Capital LLC now owns 119,729 shares of the software giant’s stock worth $193,000 after buying an additional 98,752 shares during the period. 73.81% of the stock is owned by institutional investors and hedge funds.

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MSFT stock opened at $93.13 on Wednesday. The company has a current ratio of 2.89, a quick ratio of 2.85 and a debt-to-equity ratio of 1.01. The firm has a market capitalization of $728,400.38, a PE ratio of 63.79, a price-to-earnings-growth ratio of 2.18 and a beta of 1.04. Microsoft Co. has a 1-year low of $64.12 and a 1-year high of $97.24.

Microsoft (NASDAQ:MSFT) last posted its quarterly earnings data on Wednesday, January 31st. The software giant reported $0.96 EPS for the quarter, topping analysts’ consensus estimates of $0.87 by $0.09. The business had revenue of $28.92 billion for the quarter, compared to analyst estimates of $28.42 billion. Microsoft had a return on equity of 35.41% and a net margin of 11.72%. The firm’s revenue for the quarter was up 11.9% on a year-over-year basis. During the same period in the previous year, the company posted $0.83 earnings per share. equities research analysts anticipate that Microsoft Co. will post 3.65 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 14th. Stockholders of record on Thursday, May 17th will be paid a $0.42 dividend. The ex-dividend date is Wednesday, May 16th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 1.80%. Microsoft’s payout ratio is presently 115.07%.

MSFT has been the subject of several recent analyst reports. Piper Jaffray Companies reaffirmed a “buy” rating and issued a $100.00 target price on shares of Microsoft in a research report on Monday, November 27th. UBS set a $105.00 target price on Microsoft and gave the stock a “buy” rating in a research report on Friday, December 8th. Sanford C. Bernstein set a $100.00 target price on Microsoft and gave the stock a “buy” rating in a research report on Thursday, December 7th. Oppenheimer set a $100.00 target price on Microsoft and gave the stock a “buy” rating in a research report on Monday, January 1st. Finally, ValuEngine raised Microsoft from a “hold” rating to a “buy” rating in a research report on Sunday, December 31st. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and thirty-one have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of $99.41.

In other news, EVP Christopher C. Capossela sold 3,500 shares of Microsoft stock in a transaction dated Tuesday, February 20th. The stock was sold at an average price of $93.00, for a total value of $325,500.00. Following the transaction, the executive vice president now directly owns 174,778 shares in the company, valued at $16,254,354. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CMO Christopher C. Capossela sold 3,000 shares of Microsoft stock in a transaction dated Friday, February 16th. The stock was sold at an average price of $93.30, for a total value of $279,900.00. Following the completion of the transaction, the chief marketing officer now owns 178,278 shares in the company, valued at $16,633,337.40. The disclosure for this sale can be found here. Insiders sold 10,000 shares of company stock worth $930,900 over the last quarter. 1.49% of the stock is currently owned by corporate insiders.

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About Microsoft

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 (NASDAQ:MSFT)

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