Knuff & Co LLC increased its stake in shares of Microsoft Co. (NASDAQ:MSFT) by 10.3% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 49,208 shares of the software giant’s stock after purchasing an additional 4,590 shares during the quarter. Microsoft makes up approximately 4.9% of Knuff & Co LLC’s holdings, making the stock its 3rd largest holding. Knuff & Co LLC’s holdings in Microsoft were worth $10,350,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the stock. Newfound Research LLC acquired a new stake in Microsoft in the 3rd quarter worth about $32,000. Virtus ETF Advisers LLC boosted its stake in Microsoft by 230.5% in the 2nd quarter. Virtus ETF Advisers LLC now owns 195 shares of the software giant’s stock worth $40,000 after buying an additional 136 shares during the last quarter. FNY Investment Advisers LLC acquired a new stake in Microsoft in the 3rd quarter worth about $45,000. Virtus Alternative Investment Advisers Inc. acquired a new stake in Microsoft in the 2nd quarter worth about $48,000. Finally, Carolina Wealth Advisors LLC boosted its stake in Microsoft by 20.1% in the 3rd quarter. Carolina Wealth Advisors LLC now owns 341 shares of the software giant’s stock worth $72,000 after buying an additional 57 shares during the last quarter. Hedge funds and other institutional investors own 69.93% of the company’s stock.

In other news, CFO Amy Hood sold 80,000 shares of the business’s stock in a transaction that occurred on Thursday, September 3rd. The stock was sold at an average price of $218.14, for a total value of $17,451,200.00. Following the completion of the sale, the chief financial officer now directly owns 452,720 shares in the company, valued at approximately $98,756,340.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, President Bradford L. Smith sold 200,000 shares of the business’s stock in a transaction that occurred on Thursday, November 5th. The shares were sold at an average price of $222.58, for a total value of $44,516,000.00. Following the completion of the sale, the president now owns 778,439 shares of the company’s stock, valued at $173,264,952.62. The disclosure for this sale can be found here. Insiders sold a total of 422,556 shares of company stock valued at $93,282,154 over the last quarter. Company insiders own 0.05% of the company’s stock.

MSFT has been the topic of a number of research analyst reports. Oppenheimer raised Microsoft from a “market perform” rating to an “outperform” rating and set a $260.00 price target on the stock in a research note on Thursday, November 5th. Royal Bank of Canada lifted their price objective on Microsoft from $230.00 to $250.00 and gave the company an “outperform” rating in a research note on Tuesday, October 13th. Mizuho lifted their price objective on Microsoft from $240.00 to $255.00 and gave the company a “buy” rating in a research note on Thursday, October 15th. Sanford C. Bernstein reaffirmed a “buy” rating and issued a $245.00 price objective on shares of Microsoft in a research note on Wednesday, October 28th. Finally, BMO Capital Markets lifted their price objective on Microsoft from $235.00 to $245.00 and gave the company an “outperform” rating in a research note on Monday, October 26th. Three research analysts have rated the stock with a hold rating, twenty-nine have issued a buy rating and two have issued a strong buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of $230.46.

MSFT stock opened at $210.39 on Friday. The company has a quick ratio of 2.49, a current ratio of 2.53 and a debt-to-equity ratio of 0.46. Microsoft Co. has a 52-week low of $132.52 and a 52-week high of $232.86. The stock’s 50 day moving average is $213.80 and its two-hundred day moving average is $204.25. The company has a market capitalization of $1,590.65 billion, a PE ratio of 33.99, a P/E/G ratio of 2.58 and a beta of 0.87.

Microsoft (NASDAQ:MSFT) last issued its quarterly earnings results on Tuesday, October 27th. The software giant reported $1.82 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.53 by $0.29. Microsoft had a return on equity of 40.74% and a net margin of 32.28%. As a group, sell-side analysts anticipate that Microsoft Co. will post 6.74 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 10th. Stockholders of record on Thursday, November 19th will be issued a $0.56 dividend. This represents a $2.24 dividend on an annualized basis and a dividend yield of 1.06%. This is an increase from Microsoft’s previous quarterly dividend of $0.51. The ex-dividend date is Wednesday, November 18th. Microsoft’s payout ratio is 38.89%.

Microsoft Profile

Microsoft Corporation develops, licenses, and supports software, services, devices, and solutions worldwide. Its Productivity and Business Processes segment offers Office, Exchange, SharePoint, Microsoft Teams, Office 365 Security and Compliance, and Skype for Business, as well as related Client Access Licenses (CAL); Skype, Outlook.com, and OneDrive; LinkedIn that includes Talent, Learning, Sales, and Marketing solutions, as well as premium subscriptions; and Dynamics 365, a set of cloud-based and on-premises business solutions for small and medium businesses, large organizations, and divisions of enterprises.

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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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