Prescott Group Capital Management L.L.C. held its stake in Microsoft Corporation (NASDAQ:MSFT) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 6,000 shares of the software giant’s stock at the end of the third quarter. Prescott Group Capital Management L.L.C.’s holdings in Microsoft Corporation were worth $346,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the stock. Murphy Pohlad Asset Management LLC boosted its stake in Microsoft Corporation by 0.6% in the second quarter. Murphy Pohlad Asset Management LLC now owns 91,258 shares of the software giant’s stock worth $4,669,000 after buying an additional 510 shares during the period. Culbertson A N & Co. Inc. boosted its stake in Microsoft Corporation by 3.3% in the second quarter. Culbertson A N & Co. Inc. now owns 124,806 shares of the software giant’s stock worth $6,386,000 after buying an additional 3,930 shares during the period. Baker Boyer National Bank boosted its stake in Microsoft Corporation by 1.2% in the second quarter. Baker Boyer National Bank now owns 15,447 shares of the software giant’s stock worth $791,000 after buying an additional 177 shares during the period. City Holding Co. boosted its stake in Microsoft Corporation by 8.9% in the second quarter. City Holding Co. now owns 55,862 shares of the software giant’s stock worth $2,858,000 after buying an additional 4,561 shares during the period. Finally, Capstone Asset Management Co. boosted its stake in Microsoft Corporation by 1.6% in the second quarter. Capstone Asset Management Co. now owns 1,051,930 shares of the software giant’s stock worth $53,827,000 after buying an additional 16,505 shares during the period. Institutional investors own 70.72% of the company’s stock.

Institutional Ownership by Quarter for Microsoft Corporation (NASDAQ:MSFT)

Shares of Microsoft Corporation (NASDAQ:MSFT) traded up 0.14% during midday trading on Friday, hitting $62.70. 19,422,310 shares of the company’s stock traded hands. The company has a 50 day moving average price of $61.81 and a 200 day moving average price of $57.95. Microsoft Corporation has a 1-year low of $48.03 and a 1-year high of $64.10. The firm has a market capitalization of $487.51 billion, a price-to-earnings ratio of 30.03 and a beta of 1.13.

Microsoft Corporation (NASDAQ:MSFT) last announced its earnings results on Thursday, October 20th. The software giant reported $0.76 EPS for the quarter, topping the consensus estimate of $0.68 by $0.08. The firm had revenue of $22.30 billion for the quarter, compared to the consensus estimate of $21.71 billion. Microsoft Corporation had a net margin of 19.40% and a return on equity of 30.92%. The business’s quarterly revenue was up 3.1% on a year-over-year basis. During the same quarter last year, the firm posted $0.67 EPS. Equities analysts anticipate that Microsoft Corporation will post $2.98 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 9th. Investors of record on Thursday, February 16th will be issued a $0.39 dividend. The ex-dividend date is Tuesday, February 14th. This represents a $1.56 annualized dividend and a yield of 2.49%. Microsoft Corporation’s dividend payout ratio (DPR) is presently 75.00%.

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A number of analysts have recently commented on MSFT shares. Nomura reiterated a “buy” rating and set a $65.00 target price on shares of Microsoft Corporation in a research report on Thursday, October 13th. Zacks Investment Research upgraded Microsoft Corporation from a “hold” rating to a “buy” rating and set a $64.00 target price on the stock in a research report on Thursday, October 13th. Vetr upgraded Microsoft Corporation from a “hold” rating to a “buy” rating and set a $59.95 target price on the stock in a research report on Tuesday, October 11th. Deutsche Bank AG reiterated a “buy” rating and set a $65.00 target price on shares of Microsoft Corporation in a research report on Wednesday, September 28th. Finally, Wunderlich upgraded Microsoft Corporation from a “hold” rating to a “buy” rating and lifted their target price for the stock from $60.00 to $70.00 in a research report on Friday, October 21st. Three equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and twenty-five have given a buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of $63.68.

In other Microsoft Corporation news, EVP Christopher C. Capossela sold 18,583 shares of the firm’s stock in a transaction on Monday, November 14th. The shares were sold at an average price of $58.58, for a total value of $1,088,592.14. Following the sale, the executive vice president now directly owns 243,306 shares in the company, valued at approximately $14,252,865.48. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Christopher C. Capossela sold 12,000 shares of the firm’s stock in a transaction on Wednesday, November 2nd. The stock was sold at an average price of $59.57, for a total transaction of $714,840.00. Following the completion of the sale, the executive vice president now owns 265,306 shares in the company, valued at $15,804,278.42. The disclosure for this sale can be found here. 2.99% of the stock is currently owned by corporate insiders.

About Microsoft Corporation

Microsoft Corporation is a technology company. The Company develops, licenses and supports a range of software products, services and devices. Its segments are Productivity and Business Processes, Intelligent Cloud, and More Personal Computing. Its 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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