Town & Country Bank & Trust CO dba First Bankers Trust CO grew its stake in Microsoft Corporation (NASDAQ:MSFT) by 1.4% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 68,284 shares of the software giant’s stock after acquiring an additional 913 shares during the quarter. Microsoft Corporation accounts for 2.5% of Town & Country Bank & Trust CO dba First Bankers Trust CO’s holdings, making the stock its 6th biggest position. Town & Country Bank & Trust CO dba First Bankers Trust CO’s holdings in Microsoft Corporation were worth $4,707,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently made changes to their positions in the company. Tompkins Financial Corp increased its stake in Microsoft Corporation by 21.1% during the 1st quarter. Tompkins Financial Corp now owns 104,748 shares of the software giant’s stock worth $5,784,000 after purchasing an additional 18,225 shares in the last quarter. State of Wisconsin Investment Board increased its stake in Microsoft Corporation by 7.3% during the 1st quarter. State of Wisconsin Investment Board now owns 7,827,220 shares of the software giant’s stock worth $515,501,000 after purchasing an additional 530,893 shares in the last quarter. HPM Partners LLC increased its stake in Microsoft Corporation by 293.5% during the 1st quarter. HPM Partners LLC now owns 161,065 shares of the software giant’s stock worth $10,608,000 after purchasing an additional 120,135 shares in the last quarter. Cribstone Capital Management LLC increased its stake in Microsoft Corporation by 33.5% during the 1st quarter. Cribstone Capital Management LLC now owns 38,889 shares of the software giant’s stock worth $2,554,000 after purchasing an additional 9,768 shares in the last quarter. Finally, Murphy Capital Management Inc. increased its stake in Microsoft Corporation by 3.9% during the 1st quarter. Murphy Capital Management Inc. now owns 74,816 shares of the software giant’s stock worth $4,927,000 after purchasing an additional 2,776 shares in the last quarter. 73.37% of the stock is owned by institutional investors.

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In other news, insider G Mason Morfit sold 7,000,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 8th. The stock was sold at an average price of $72.56, for a total value of $507,920,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Amy Hood sold 55,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 29th. The shares were sold at an average price of $72.71, for a total value of $3,999,050.00. Following the completion of the transaction, the chief financial officer now owns 510,217 shares of the company’s stock, valued at approximately $37,097,878.07. The disclosure for this sale can be found here. In the last quarter, insiders sold 7,108,526 shares of company stock valued at $515,879,974. Company insiders own 2.99% of the company’s stock.

Shares of Microsoft Corporation (MSFT) traded up 0.0507% during trading on Monday, reaching $77.5293. The company’s stock had a trading volume of 6,391,965 shares. Microsoft Corporation has a 52-week low of $56.66 and a 52-week high of $77.87. The stock’s 50 day moving average price is $74.73 and its 200-day moving average price is $71.14. The stock has a market cap of $597.15 billion, a price-to-earnings ratio of 28.6086 and a beta of 1.01.

Microsoft Corporation (NASDAQ:MSFT) last released its quarterly earnings data on Thursday, July 20th. The software giant reported $0.98 earnings per share for the quarter, topping 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 business had revenue of $24.70 billion during the quarter, compared to analysts’ expectations of $24.29 billion. During the same quarter last year, the business posted $0.69 EPS. The business’s revenue was up 9.1% on a year-over-year basis. Equities analysts anticipate that Microsoft Corporation will post $3.20 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 14th. Shareholders of record on Thursday, November 16th will be issued a $0.42 dividend. The ex-dividend date is Wednesday, November 15th. This represents a $1.68 annualized dividend and a yield of 2.17%. This is a boost from Microsoft Corporation’s previous quarterly dividend of $0.39. Microsoft Corporation’s dividend payout ratio (DPR) is 57.78%.

A number of research firms recently issued reports on MSFT. Morningstar, Inc. reissued a “neutral” rating on shares of Microsoft Corporation in a research note on Monday. Stifel Nicolaus reissued a “buy” rating on shares of Microsoft Corporation in a research note on Thursday. Canaccord Genuity raised Microsoft Corporation from a “hold” rating to a “buy” rating and increased their target price for the stock from $76.00 to $86.00 in a research note on Thursday, October 5th. ValuEngine cut Microsoft Corporation from a “buy” rating to a “hold” rating in a research note on Monday, October 2nd. Finally, Oppenheimer Holdings, Inc. set a $80.00 target price on Microsoft Corporation and gave the stock a “buy” rating in a research note on Monday, September 25th. Two investment analysts have rated the stock with a sell rating, eleven have given a hold rating and twenty-eight have assigned a buy rating to the company’s stock. Microsoft Corporation has a consensus rating of “Buy” and an average price target of $77.44.

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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