Family Firm Inc. increased its holdings in shares of Microsoft Corporation (NASDAQ:MSFT) by 82.5% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,576 shares of the software giant’s stock after purchasing an additional 2,521 shares during the quarter. Family Firm Inc.’s holdings in Microsoft were worth $384,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also made changes to their positions in the company. River Wealth Advisors LLC lifted its holdings in Microsoft by 6.4% in the second quarter. River Wealth Advisors LLC now owns 25,130 shares of the software giant’s stock valued at $1,732,000 after acquiring an additional 1,517 shares during the period. Northeast Financial Consultants Inc lifted its holdings in Microsoft by 17.4% in the second quarter. Northeast Financial Consultants Inc now owns 10,100 shares of the software giant’s stock valued at $696,000 after acquiring an additional 1,500 shares during the period. JLB & Associates Inc. bought a new position in Microsoft in the second quarter valued at about $10,873,000. State of Wisconsin Investment Board lifted its holdings in Microsoft by 7.3% in the first quarter. State of Wisconsin Investment Board now owns 7,827,220 shares of the software giant’s stock valued at $515,501,000 after acquiring an additional 530,893 shares during the period. Finally, One Capital Management LLC lifted its holdings in Microsoft by 5.0% in the second quarter. One Capital Management LLC now owns 56,671 shares of the software giant’s stock valued at $3,906,000 after acquiring an additional 2,675 shares during the period. 73.33% of the stock is currently owned by hedge funds and other institutional investors.

A number of research firms have weighed in on MSFT. Vetr raised Microsoft from a “buy” rating to a “strong-buy” rating and set a $94.25 target price on the stock in a report on Monday. Piper Jaffray Companies reissued a “buy” rating and issued a $100.00 target price on shares of Microsoft in a report on Monday, November 27th. Sanford C. Bernstein reissued a “buy” rating and issued a $100.00 target price on shares of Microsoft in a report on Wednesday, November 15th. Goldman Sachs Group set a $92.00 price target on Microsoft and gave the stock a “buy” rating in a research report on Thursday, November 16th. Finally, Zacks Investment Research cut Microsoft from a “buy” rating to a “hold” rating in a research report on Friday, November 10th. Two research analysts have rated the stock with a sell rating, ten have assigned a hold rating, twenty-nine have given a buy rating and one has given a strong buy rating to the company. Microsoft currently has a consensus rating of “Buy” and an average target price of $84.59.

Shares of Microsoft Corporation (NASDAQ MSFT) opened at $81.08 on Tuesday. The company has a debt-to-equity ratio of 0.91, a quick ratio of 3.06 and a current ratio of 3.12. Microsoft Corporation has a 1 year low of $59.56 and a 1 year high of $86.20. The stock has a market capitalization of $650,031.38, a PE ratio of 24.93, a P/E/G ratio of 1.96 and a beta of 0.99.

Microsoft (NASDAQ:MSFT) last released its earnings results on Thursday, October 26th. The software giant reported $0.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.72 by $0.12. Microsoft had a return on equity of 35.23% and a net margin of 24.56%. The firm had revenue of $24.50 billion during the quarter, compared to analysts’ expectations of $23.57 billion. During the same quarter last year, the business posted $0.76 earnings per share. The firm’s revenue was up 11.7% on a year-over-year basis. analysts forecast that Microsoft Corporation will post 3.38 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 8th. Investors of record on Thursday, February 15th will be given a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a dividend yield of 2.07%. The ex-dividend date is Wednesday, February 14th. Microsoft’s dividend payout ratio is currently 57.14%.

In other Microsoft news, EVP Christopher C. Capossela sold 4,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 21st. The stock was sold at an average price of $83.44, for a total transaction of $333,760.00. Following the completion of the transaction, the executive vice president now owns 184,278 shares in the company, valued at approximately $15,376,156.32. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Frank H. Brod sold 15,000 shares of the firm’s stock in a transaction that occurred on Thursday, November 2nd. The shares were sold at an average price of $84.08, for a total value of $1,261,200.00. Following the transaction, the insider now owns 116,205 shares of the company’s stock, valued at approximately $9,770,516.40. The disclosure for this sale can be found here. Insiders have sold 27,000 shares of company stock valued at $2,262,720 in the last quarter. 1.49% of the stock is currently owned by company 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.

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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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