Microsoft Corporation (NASDAQ:MSFT) Shares Bought by Atlas Brown Inc.
Atlas Brown Inc. increased its stake in shares of Microsoft Corporation (NASDAQ:MSFT) by 15.7% during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 18,908 shares of the software giant’s stock after buying an additional 2,566 shares during the period. Atlas Brown Inc.’s holdings in Microsoft Corporation were worth $1,303,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. State Street Corp boosted its position in Microsoft Corporation by 0.8% in the first quarter. State Street Corp now owns 318,681,830 shares of the software giant’s stock valued at $20,988,383,000 after buying an additional 2,552,473 shares in the last quarter. Norges Bank bought a new position in Microsoft Corporation during the fourth quarter valued at $4,334,099,000. Janus Capital Management LLC boosted its position in Microsoft Corporation by 9.4% in the fourth quarter. Janus Capital Management LLC now owns 49,271,731 shares of the software giant’s stock valued at $3,061,887,000 after buying an additional 4,250,705 shares in the last quarter. Dodge & Cox bought a new position in Microsoft Corporation during the fourth quarter valued at $2,658,504,000. Finally, Schwab Charles Investment Management Inc. boosted its position in Microsoft Corporation by 2.3% in the first quarter. Schwab Charles Investment Management Inc. now owns 28,965,189 shares of the software giant’s stock valued at $1,907,648,000 after buying an additional 638,798 shares in the last quarter. 72.86% of the stock is currently owned by hedge funds and other institutional investors.
Microsoft Corporation (NASDAQ:MSFT) traded down 0.87% on Thursday, reaching $71.84. 8,273,276 shares of the company traded hands. The stock’s 50 day moving average price is $71.61 and its 200 day moving average price is $67.86. The company has a market capitalization of $553.33 billion, a PE ratio of 26.51 and a beta of 1.01. Microsoft Corporation has a one year low of $55.61 and a one year high of $74.42.
Microsoft Corporation (NASDAQ:MSFT) last released its quarterly earnings data on Thursday, July 20th. The software giant reported $0.98 earnings per share for the quarter, beating analysts’ consensus estimates of $0.71 by $0.27. The business had revenue of $24.70 billion during the quarter, compared to analyst estimates of $24.29 billion. Microsoft Corporation had a net margin of 23.57% and a return on equity of 36.81%. Microsoft Corporation’s revenue was up 9.1% compared to the same quarter last year. During the same period last year, the business earned $0.69 EPS. On average, equities research analysts predict that Microsoft Corporation will post $3.22 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 14th. Shareholders of record on Thursday, August 17th will be paid a dividend of $0.39 per share. The ex-dividend date of this dividend is Tuesday, August 15th. This represents a $1.56 dividend on an annualized basis and a yield of 2.15%. Microsoft Corporation’s dividend payout ratio is currently 57.78%.
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Several research analysts have weighed in on MSFT shares. Pacific Crest reissued a “buy” rating and issued a $78.00 price target (up from $70.00) on shares of Microsoft Corporation in a report on Friday, April 28th. Sanford C. Bernstein set a $87.00 price target on shares of Microsoft Corporation and gave the company a “buy” rating in a report on Friday, July 21st. Morningstar, Inc. reissued a “buy” rating on shares of Microsoft Corporation in a report on Wednesday, June 28th. Vetr cut shares of Microsoft Corporation from a “buy” rating to a “hold” rating and set a $71.27 price target on the stock. in a report on Tuesday, May 23rd. Finally, Royal Bank Of Canada reissued a “buy” rating and issued a $77.00 price target on shares of Microsoft Corporation in a report on Monday, May 29th. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating and twenty-seven have given a buy rating to the company’s stock. Microsoft Corporation currently has a consensus rating of “Buy” and a consensus price target of $76.15.
In other news, insider G Mason Morfit sold 7,000,000 shares of the firm’s stock in a transaction dated Tuesday, August 8th. The shares were sold at an average price of $72.56, for a total transaction of $507,920,000.00. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Jean Philippe Courtois sold 26,165 shares of the firm’s stock in a transaction dated Thursday, May 25th. The shares were sold at an average price of $69.00, for a total transaction of $1,805,385.00. Following the sale, the insider now directly owns 570,843 shares in the company, valued at approximately $39,388,167. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 7,060,855 shares of company stock valued at $512,251,908. 2.99% of the stock is owned by company 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.
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