Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its position in shares of Microsoft Co. (NASDAQ:MSFT) by 0.1% during the fourth quarter, Holdings Channel reports. The fund owned 445,721 shares of the software giant’s stock after buying an additional 666 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Microsoft were worth $27,697,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Russell Investments Group Ltd. bought a new position in shares of Microsoft during the fourth quarter worth about $686,993,000. State Street Corp boosted its position in shares of Microsoft by 2.8% in the fourth quarter. State Street Corp now owns 316,129,357 shares of the software giant’s stock worth $19,644,277,000 after buying an additional 8,757,128 shares during the last quarter. Manning & Napier Advisors LLC boosted its position in shares of Microsoft by 507.4% in the third quarter. Manning & Napier Advisors LLC now owns 4,613,038 shares of the software giant’s stock worth $265,710,000 after buying an additional 3,853,559 shares during the last quarter. Tesco Pension Investment Ltd bought a new position in shares of Microsoft during the third quarter worth about $170,936,000. Finally, Acadian Asset Management LLC boosted its position in shares of Microsoft by 101.2% in the third quarter. Acadian Asset Management LLC now owns 5,484,950 shares of the software giant’s stock worth $315,930,000 after buying an additional 2,758,313 shares during the last quarter. Institutional investors own 72.29% of the company’s stock.

Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

Shares of Microsoft Co. (NASDAQ:MSFT) opened at 64.93 on Tuesday. Microsoft Co. has a one year low of $48.03 and a one year high of $65.91. The company has a 50 day moving average price of $64.39 and a 200 day moving average price of $61.08. The company has a market cap of $501.75 billion, a price-to-earnings ratio of 30.56 and a beta of 1.08.

Microsoft (NASDAQ:MSFT) last posted its quarterly earnings data on Thursday, January 26th. The software giant reported $0.84 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.79 by $0.05. Microsoft had a return on equity of 32.12% and a net margin of 19.57%. The company had revenue of $26.07 billion for the quarter, compared to analysts’ expectations of $25.13 billion. During the same period in the previous year, the firm posted $0.78 EPS. Microsoft’s revenue was up 1.5% compared to the same quarter last year. Equities analysts predict that Microsoft Co. will post $2.98 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 8th. Investors of record on Thursday, May 18th will be issued a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 2.40%. The ex-dividend date of this dividend is Tuesday, May 16th. Microsoft’s payout ratio is 73.59%.

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A number of brokerages have issued reports on MSFT. Pacific Crest set a $70.00 price objective on Microsoft and gave the company a “buy” rating in a research note on Saturday, January 28th. Raymond James Financial, Inc. reiterated a “strong-buy” rating and set a $73.00 price objective (up previously from $69.00) on shares of Microsoft in a research note on Monday, January 30th. Hilliard Lyons lifted their price objective on Microsoft from $59.00 to $64.00 and gave the company a “neutral” rating in a research note on Monday, January 30th. Oppenheimer Holdings Inc. reiterated an “outperform” rating and set a $70.00 price objective on shares of Microsoft in a research note on Tuesday, January 31st. Finally, Zacks Investment Research cut Microsoft from a “buy” rating to a “hold” rating in a research note on Tuesday, January 31st. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating, twenty-three have assigned a buy rating and one has issued a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $67.28.

In other news, Director William H. Gates III sold 2,000,000 shares of the business’s stock in a transaction that occurred on Monday, January 30th. The stock was sold at an average price of $65.11, for a total transaction of $130,220,000.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider G Mason Morfit sold 11,000,000 shares of the business’s stock in a transaction that occurred on Friday, February 3rd. The stock was sold at an average price of $63.32, for a total value of $696,520,000.00. The disclosure for this sale can be found here. Over the last quarter, insiders sold 19,623,500 shares of company stock worth $1,253,600,525. 2.99% of the stock is currently owned by insiders.

Microsoft Company Profile

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.

5 Day Chart for NASDAQ:MSFT

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