Pinnacle Advisory Group Inc. maintained its stake in shares of Microsoft Corporation (NASDAQ:MSFT) during the second quarter, Holdings Channel reports. The fund owned 25,208 shares of the software giant’s stock at the end of the second quarter. Pinnacle Advisory Group Inc.’s holdings in Microsoft Corporation were worth $1,660,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the company. Northstar Group Inc. raised its stake in shares of Microsoft Corporation by 0.3% in the first quarter. Northstar Group Inc. now owns 3,790 shares of the software giant’s stock worth $248,000 after buying an additional 12 shares in the last quarter. Gierl Augustine Investment Management Inc raised its position in shares of Microsoft Corporation by 0.3% in the first quarter. Gierl Augustine Investment Management Inc now owns 4,034 shares of the software giant’s stock valued at $266,000 after buying an additional 13 shares during the period. New Capital Management LP raised its position in shares of Microsoft Corporation by 0.5% in the first quarter. New Capital Management LP now owns 4,305 shares of the software giant’s stock valued at $284,000 after buying an additional 22 shares during the period. Nottingham Advisors Inc. raised its position in shares of Microsoft Corporation by 0.4% in the second quarter. Nottingham Advisors Inc. now owns 5,399 shares of the software giant’s stock valued at $372,000 after buying an additional 22 shares during the period. Finally, Vista Capital Partners Inc. raised its position in shares of Microsoft Corporation by 0.4% in the first quarter. Vista Capital Partners Inc. now owns 9,411 shares of the software giant’s stock valued at $620,000 after buying an additional 36 shares during the period. 72.86% of the stock is currently owned by hedge funds and other institutional investors.

Microsoft Corporation (MSFT) traded up 0.2435% during trading on Tuesday, reaching $72.5763. 6,211,077 shares of the company’s stock were exchanged. The firm has a market cap of $559.42 billion, a price-to-earnings ratio of 26.7809 and a beta of 1.01. Microsoft Corporation has a 12 month low of $55.61 and a 12 month high of $74.42. The firm’s 50-day moving average price is $71.23 and its 200-day moving average price is $67.50.

Microsoft Corporation (NASDAQ:MSFT) last announced its earnings results on Thursday, July 20th. The software giant reported $0.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.71 by $0.27. Microsoft Corporation had a return on equity of 36.81% and a net margin of 23.57%. The firm had revenue of $24.70 billion during the quarter, compared to analyst estimates of $24.29 billion. During the same period last year, the firm posted $0.69 EPS. The business’s revenue was up 9.1% compared to the same quarter last year. On average, equities research analysts anticipate that Microsoft Corporation will post $3.22 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 14th. Stockholders of record on Thursday, August 17th will be given a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a dividend yield of 2.15%. The ex-dividend date is Tuesday, August 15th. Microsoft Corporation’s dividend payout ratio is presently 57.78%.

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Several research analysts have recently issued reports on the stock. BidaskClub lowered shares of Microsoft Corporation from a “buy” rating to a “hold” rating in a research note on Saturday. Goldman Sachs Group, Inc. (The) set a $88.00 target price on shares of Microsoft Corporation and gave the company a “buy” rating in a research note on Friday. Vetr raised shares of Microsoft Corporation from a “hold” rating to a “buy” rating and set a $77.30 target price on the stock in a research note on Monday, July 31st. Cowen and Company reaffirmed an “outperform” rating and issued a $85.00 target price (up previously from $80.00) on shares of Microsoft Corporation in a research note on Monday, July 31st. Finally, Oppenheimer Holdings, Inc. set a $80.00 target price on shares of Microsoft Corporation and gave the company a “buy” rating in a research note on Wednesday, July 26th. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and twenty-seven have issued a buy rating to the company. The company has an average rating of “Buy” and a consensus price target of $76.15.

In other news, EVP Christopher C. Capossela sold 3,000 shares of the firm’s stock in a transaction on Tuesday, May 16th. The stock was sold at an average price of $69.11, for a total transaction of $207,330.00. Following the completion of the sale, the executive vice president now directly owns 216,507 shares of the company’s stock, valued at approximately $14,962,798.77. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, EVP Christopher C. Capossela sold 4,927 shares of the firm’s stock in a transaction on Thursday, May 25th. The shares were sold at an average price of $68.75, for a total value of $338,731.25. Following the sale, the executive vice president now directly owns 214,080 shares of the company’s stock, valued at $14,718,000. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 60,855 shares of company stock valued at $4,331,908. Insiders own 2.99% of the company’s stock.

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

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