Planning Alternatives Ltd. ADV decreased its holdings in Microsoft Co. (NASDAQ:MSFT) by 3.9% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,077 shares of the software giant’s stock after selling 245 shares during the quarter. Microsoft makes up approximately 0.2% of Planning Alternatives Ltd. ADV’s holdings, making the stock its 26th largest holding. Planning Alternatives Ltd. ADV’s holdings in Microsoft were worth $1,278,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently bought and sold shares of MSFT. Tatro Capital LLC boosted its holdings in Microsoft by 3.3% in the 3rd quarter. Tatro Capital LLC now owns 1,413 shares of the software giant’s stock worth $297,000 after acquiring an additional 45 shares during the period. Selective Wealth Management Inc. lifted its position in shares of Microsoft by 26.9% during the second quarter. Selective Wealth Management Inc. now owns 236 shares of the software giant’s stock worth $48,000 after purchasing an additional 50 shares in the last quarter. Greylin Investment Mangement Inc. boosted its stake in shares of Microsoft by 3.2% in the second quarter. Greylin Investment Mangement Inc. now owns 1,625 shares of the software giant’s stock valued at $331,000 after purchasing an additional 50 shares during the period. Cox Capital Mgt LLC grew its holdings in Microsoft by 0.4% during the 3rd quarter. Cox Capital Mgt LLC now owns 12,224 shares of the software giant’s stock valued at $2,571,000 after purchasing an additional 52 shares in the last quarter. Finally, KG&L Capital Management LLC increased its stake in Microsoft by 0.7% during the 2nd quarter. KG&L Capital Management LLC now owns 7,764 shares of the software giant’s stock worth $1,579,000 after buying an additional 53 shares during the period. 69.93% of the stock is owned by institutional investors.

Shares of Microsoft stock opened at $219.66 on Friday. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.52 and a quick ratio of 2.49. Microsoft Co. has a 1-year low of $132.52 and a 1-year high of $232.86. The business’s fifty day moving average price is $211.82 and its two-hundred day moving average price is $196.06. The company has a market capitalization of $1,662.31 billion, a P/E ratio of 38.20, a PEG ratio of 2.54 and a beta of 0.92.

Microsoft (NASDAQ:MSFT) last issued its quarterly earnings data on Wednesday, July 22nd. The software giant reported $1.46 earnings per share for the quarter, beating analysts’ consensus estimates of $1.34 by $0.12. The business had revenue of $38.03 billion for the quarter, compared to analysts’ expectations of $36.59 billion. Microsoft had a net margin of 30.96% and a return on equity of 39.45%. On average, research analysts expect that Microsoft Co. will post 6.36 earnings per share for the current fiscal year.

The business also recently disclosed 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. The ex-dividend date of this dividend is Wednesday, November 18th. This is a boost from Microsoft’s previous quarterly dividend of $0.51. This represents a $2.24 annualized dividend and a dividend yield of 1.02%. Microsoft’s dividend payout ratio (DPR) is 35.42%.

In related news, CMO Christopher C. Capossela sold 23,000 shares of the firm’s stock in a transaction dated Wednesday, September 9th. The stock was sold at an average price of $210.70, for a total transaction of $4,846,100.00. Following the completion of the transaction, the chief marketing officer now owns 122,943 shares of the company’s stock, valued at $25,904,090.10. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Kathleen T. Hogan sold 30,871 shares of the business’s stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $209.90, for a total transaction of $6,479,822.90. Following the completion of the sale, the executive vice president now owns 176 shares in the company, valued at $36,942.40. The disclosure for this sale can be found here. Insiders have sold 164,067 shares of company stock worth $35,247,737 in the last quarter. Company insiders own 1.39% of the company’s stock.

Several brokerages have recently weighed in on MSFT. DZ Bank restated a “buy” rating on shares of Microsoft in a research note on Thursday, July 23rd. Wedbush raised their price objective on Microsoft from $220.00 to $260.00 and gave the company an “outperform” rating in a research note on Thursday, July 9th. JPMorgan Chase & Co. upped their target price on Microsoft from $190.00 to $220.00 and gave the company an “overweight” rating in a research report on Thursday, July 23rd. Raymond James lifted their price target on shares of Microsoft from $208.00 to $225.00 and gave the stock a “strong-buy” rating in a research note on Monday, July 20th. Finally, Royal Bank of Canada increased their price objective on shares of Microsoft from $230.00 to $250.00 and gave the company an “outperform” rating in a research note on Tuesday, October 13th. Four analysts have rated the stock with a hold rating, thirty-one have given a buy rating and one has given a strong buy rating to the company. The stock has an average rating of “Buy” and an average target price of $220.30.

About Microsoft

Microsoft Corporation develops, licenses, and supports software, services, devices, and solutions worldwide. Its company's Productivity and Business Processes segment offers Office 365 commercial products and services, such as Office, Exchange, SharePoint, Skype for Business, Microsoft Teams, and related Client Access Licenses (CALs); Office 365 consumer services, including Skype, Outlook.com, and OneDrive; LinkedIn online professional network; and Dynamics business solutions comprising financial management, enterprise resource planning, customer relationship management, supply chain management, and analytics applications 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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