Traders sold shares of Microsoft Corp. (NASDAQ:MSFT) on strength during trading hours on Thursday. $161.99 million flowed into the stock on the tick-up and $185.11 million flowed out of the stock on the tick-down, for a money net flow of $23.12 million out of the stock. Of all companies tracked, Microsoft Corp. had the 0th highest net out-flow for the day. Microsoft Corp. traded up $0.42 for the day and closed at $57.39

Several brokerages have recently issued reports on MSFT. Citigroup Inc. reissued a “sell” rating on shares of Microsoft Corp. in a research report on Saturday, April 23rd. Goldman Sachs Group Inc. reissued a “hold” rating on shares of Microsoft Corp. in a research report on Saturday, April 23rd. BMO Capital Markets reissued a “buy” rating on shares of Microsoft Corp. in a research report on Saturday, April 23rd. Stifel Nicolaus reissued a “buy” rating on shares of Microsoft Corp. in a research report on Saturday, April 23rd. Finally, Oppenheimer Holdings Inc. reissued a “buy” rating and issued a $62.00 target price on shares of Microsoft Corp. in a research report on Saturday, April 23rd. Three investment analysts have rated the stock with a sell rating, eleven have given a hold rating and twenty-one have issued a buy rating to the company. The company has an average rating of “Buy” and an average target price of $58.88.

The firm has a market capitalization of $451.65 billion and a price-to-earnings ratio of 27.60. The stock’s 50-day moving average is $53.46 and its 200 day moving average is $52.58.

Microsoft Corp. (NASDAQ:MSFT) last released its quarterly earnings results on Tuesday, July 19th. The software giant reported $0.69 earnings per share for the quarter, topping the consensus estimate of $0.58 by $0.11. During the same quarter last year, the company earned $0.60 EPS. The company had revenue of $22.60 billion for the quarter, compared to analyst estimates of $22.15 billion. Equities research analysts forecast that Microsoft Corp. will post $2.89 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 8th. Investors of record on Thursday, August 18th will be given a dividend of $0.36 per share. The ex-dividend date is Tuesday, August 16th. This represents a $1.44 annualized dividend and a dividend yield of 2.48%.

In related news, insider G Mason Morfit sold 18,000,000 shares of the company’s stock in a transaction dated Thursday, July 28th. The shares were sold at an average price of $56.12, for a total transaction of $1,010,160,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CMO Christopher C. Capossela sold 5,337 shares of the company’s stock in a transaction dated Friday, May 20th. The stock was sold at an average price of $50.89, for a total transaction of $271,599.93. Following the transaction, the chief marketing officer now owns 270,548 shares of the company’s stock, valued at approximately $13,768,187.72. The disclosure for this sale can be found here.

Other hedge funds and institutional investors recently added to or reduced their stakes in the company. Toth Financial increased its position in Microsoft Corp. by 9.7% in the fourth quarter. Toth Financial now owns 131,406 shares of the software giant’s stock valued at $7,290,000 after buying an additional 11,574 shares during the period. Cullen Frost Bankers Inc. increased its position in Microsoft Corp. by 1.6% in the fourth quarter. Cullen Frost Bankers Inc. now owns 403,033 shares of the software giant’s stock valued at $22,360,000 after buying an additional 6,334 shares during the period. WealthTrust Fairport LLC increased its position in Microsoft Corp. by 0.6% in the fourth quarter. WealthTrust Fairport LLC now owns 110,056 shares of the software giant’s stock valued at $6,106,000 after buying an additional 659 shares during the period. YHB Investment Advisors Inc. increased its position in Microsoft Corp. by 1.5% in the fourth quarter. YHB Investment Advisors Inc. now owns 212,081 shares of the software giant’s stock valued at $11,766,000 after buying an additional 3,207 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its position in Microsoft Corp. by 20.1% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,122,363 shares of the software giant’s stock valued at $117,749,000 after buying an additional 355,012 shares during the period.

Microsoft Corporation is engaged in developing, licensing and supporting a range of software products and services. The Company also designs and sells hardware, and delivers online advertising to the customers. The Company operates in five segments: Devices and Consumer (D&C) Licensing, D&C Hardware, D&C Other, Commercial Licensing, and Commercial Other.

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