First National Bank of Omaha reduced its position in Microsoft Corporation (NASDAQ:MSFT) by 2.2% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 478,890 shares of the software giant’s stock after selling 10,538 shares during the period. Microsoft Corporation makes up about 2.1% of First National Bank of Omaha’s investment portfolio, making the stock its 3rd largest position. First National Bank of Omaha’s holdings in Microsoft Corporation were worth $33,010,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Hefty Wealth Partners increased its position in Microsoft Corporation by 65.6% in the second quarter. Hefty Wealth Partners now owns 1,648 shares of the software giant’s stock valued at $113,000 after buying an additional 653 shares during the period. Asset Planning Services Ltd. increased its position in Microsoft Corporation by 93.0% in the first quarter. Asset Planning Services Ltd. now owns 1,737 shares of the software giant’s stock valued at $114,000 after buying an additional 837 shares during the period. Ullmann Financial Group Inc. bought a new position in Microsoft Corporation during the first quarter valued at approximately $132,000. Pacific Center for Financial Services bought a new position in Microsoft Corporation during the fourth quarter valued at approximately $155,000. Finally, Patriot Financial Group Insurance Agency LLC bought a new position in Microsoft Corporation during the fourth quarter valued at approximately $161,000. Institutional investors and hedge funds own 72.64% of the company’s stock.

Microsoft Corporation (MSFT) traded up 1.154% during mid-day trading on Wednesday, hitting $74.065. 7,739,364 shares of the stock were exchanged. Microsoft Corporation has a 12-month low of $55.61 and a 12-month high of $74.42. The company has a 50 day moving average of $71.85 and a 200 day moving average of $68.13. The firm has a market cap of $570.47 billion, a P/E ratio of 27.330 and a beta of 1.01.

Microsoft Corporation (NASDAQ:MSFT) last announced its quarterly earnings data on Thursday, July 20th. The software giant reported $0.98 EPS for the quarter, topping the Zacks’ 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 business had revenue of $24.70 billion during the quarter, compared to the consensus estimate of $24.29 billion. During the same period in the previous year, the company posted $0.69 earnings per share. The business’s revenue for the quarter was up 9.1% on a year-over-year basis. On average, equities analysts anticipate that Microsoft Corporation will post $3.22 earnings per share for the current fiscal year.

The business also recently disclosed 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 dividend on an annualized basis and a dividend yield of 2.13%. The ex-dividend date is Tuesday, August 15th. Microsoft Corporation’s dividend payout ratio is presently 57.78%.

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Several equities analysts have recently commented on the stock. Credit Suisse Group assumed coverage on shares of Microsoft Corporation in a report on Thursday, April 27th. They issued an “outperform” rating and a $80.00 target price on the stock. BidaskClub raised shares of Microsoft Corporation from a “hold” rating to a “buy” rating in a report on Wednesday. Raymond James Financial, Inc. boosted their target price on shares of Microsoft Corporation to $84.00 and gave the stock a “buy” rating in a report on Friday, July 21st. Barclays PLC reissued an “overweight” rating and issued a $82.00 target price (up previously from $77.00) on shares of Microsoft Corporation in a report on Friday, July 21st. Finally, MKM Partners reissued a “neutral” rating and issued a $70.00 target price (up previously from $66.00) on shares of Microsoft Corporation in a report on Sunday, July 23rd. Two analysts have rated the stock with a sell rating, eight have given a hold rating and twenty-eight have issued a buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of $76.15.

In other news, EVP Christopher C. Capossela sold 4,927 shares of the business’s stock in a transaction dated Thursday, May 25th. The stock was sold at an average price of $68.75, for a total transaction of $338,731.25. Following the completion of the transaction, the executive vice president now directly owns 214,080 shares of the company’s stock, valued at $14,718,000. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider G Mason Morfit sold 7,000,000 shares of the business’s stock in a transaction dated Tuesday, August 8th. The stock was sold at an average price of $72.56, for a total value of $507,920,000.00. The disclosure for this sale can be found here. Over the last three months, insiders have sold 7,057,855 shares of company stock valued at $512,044,578. Corporate insiders own 2.99% of the company’s stock.

Microsoft Corporation 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.

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

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