Copeland Capital Management LLC lessened its position in shares of Microsoft Corporation (NASDAQ:MSFT) by 5.6% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,211 shares of the software giant’s stock after selling 190 shares during the period. Copeland Capital Management LLC’s holdings in Microsoft Corporation were worth $221,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Northstar Group Inc. grew its holdings in Microsoft Corporation by 0.3% during the 1st quarter. Northstar Group Inc. now owns 3,790 shares of the software giant’s stock worth $248,000 after acquiring an additional 12 shares in the last quarter. Gierl Augustine Investment Management Inc grew its holdings in Microsoft Corporation by 0.3% during the 1st quarter. Gierl Augustine Investment Management Inc now owns 4,034 shares of the software giant’s stock worth $266,000 after acquiring an additional 13 shares in the last quarter. New Capital Management LP grew its holdings in Microsoft Corporation by 0.5% during the 1st quarter. New Capital Management LP now owns 4,305 shares of the software giant’s stock worth $284,000 after acquiring an additional 22 shares in the last quarter. Nottingham Advisors Inc. grew its holdings in Microsoft Corporation by 0.4% during the 2nd quarter. Nottingham Advisors Inc. now owns 5,399 shares of the software giant’s stock worth $372,000 after acquiring an additional 22 shares in the last quarter. Finally, Vista Capital Partners Inc. grew its holdings in Microsoft Corporation by 0.4% during the 1st quarter. Vista Capital Partners Inc. now owns 9,411 shares of the software giant’s stock worth $620,000 after acquiring an additional 36 shares in the last quarter. Institutional investors own 73.40% of the company’s stock.

ILLEGAL ACTIVITY NOTICE: This report was originally posted by Daily Political and is owned by of Daily Political. If you are accessing this report on another website, it was illegally copied and reposted in violation of United States & international copyright and trademark law. The legal version of this report can be read at https://www.dailypolitical.com/2017/09/21/copeland-capital-management-llc-has-221000-holdings-in-microsoft-corporation-msft.html.

In other news, CFO Amy Hood sold 55,000 shares of Microsoft Corporation stock in a transaction dated Tuesday, August 29th. The stock was sold at an average price of $72.71, for a total transaction of $3,999,050.00. Following the completion of the sale, the chief financial officer now directly owns 510,217 shares in the company, valued at approximately $37,097,878.07. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider G Mason Morfit sold 7,000,000 shares of Microsoft Corporation stock in a transaction dated Tuesday, August 8th. The shares were 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 quarter, insiders have sold 7,108,526 shares of company stock valued at $515,879,974. 2.99% of the stock is owned by corporate insiders.

Several brokerages have recently weighed in on MSFT. Goldman Sachs Group, Inc. (The) restated a “buy” rating and set a $88.00 price objective (up previously from $78.00) on shares of Microsoft Corporation in a research report on Tuesday, July 18th. Bank of America Corporation restated a “buy” rating and set a $75.00 price objective on shares of Microsoft Corporation in a research report on Friday, June 16th. Vetr upgraded shares of Microsoft Corporation from a “hold” rating to a “buy” rating and set a $74.61 price objective for the company in a research report on Monday, June 12th. Stifel Nicolaus restated a “buy” rating and set a $73.00 price objective on shares of Microsoft Corporation in a research report on Monday, July 17th. Finally, Credit Suisse Group restated an “outperform” rating on shares of Microsoft Corporation in a research report on Thursday, August 31st. Two research analysts have rated the stock with a sell rating, ten have assigned a hold rating and thirty have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of $76.72.

Microsoft Corporation (MSFT) traded down 0.4468% on Thursday, reaching $74.6052. 7,358,871 shares of the company traded hands. The stock has a market capitalization of $574.63 billion, a price-to-earnings ratio of 27.5296 and a beta of 1.00. Microsoft Corporation has a 52-week low of $56.32 and a 52-week high of $75.97. The firm has a 50 day moving average price of $73.41 and a 200 day moving average price of $69.80. Microsoft Corporation also saw some unusual options trading on Wednesday. Stock traders acquired 29,563 put options on the stock. This is an increase of approximately 118% compared to the typical daily volume of 13,565 put options.

Microsoft Corporation (NASDAQ:MSFT) last released its earnings results on Thursday, July 20th. The software giant reported $0.98 earnings per share for the quarter, beating the Thomson Reuters’ 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 company had revenue of $24.70 billion for the quarter, compared to analysts’ expectations of $24.29 billion. During the same quarter in the previous year, the business posted $0.69 EPS. The business’s revenue for the quarter was up 9.1% on a year-over-year basis. Equities research analysts predict that Microsoft Corporation will post $3.14 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 14th. Shareholders of record on Thursday, November 16th will be paid a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a yield of 2.24%. The ex-dividend date is Wednesday, November 15th. This is a boost from Microsoft Corporation’s previous quarterly dividend of $0.39. Microsoft Corporation’s payout ratio is 57.78%.

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.

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

Receive News & Ratings for Microsoft Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Microsoft Corporation and related companies with MarketBeat.com's FREE daily email newsletter.