Microsoft Corporation (MSFT) Shares Sold by Camelot Portfolios LLC
Camelot Portfolios LLC decreased its stake in Microsoft Corporation (NASDAQ:MSFT) by 0.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 9,620 shares of the software giant’s stock after selling 2 shares during the period. Camelot Portfolios LLC’s holdings in Microsoft Corporation were worth $663,000 at the end of the most recent reporting period.
Several other institutional investors also recently made changes to their positions in MSFT. Appropriate Balance Financial Services Inc. boosted its stake in Microsoft Corporation by 4.7% during the second quarter. Appropriate Balance Financial Services Inc. now owns 643 shares of the software giant’s stock worth $9,331,000 after buying an additional 29 shares in the last quarter. Hefty Wealth Partners boosted its stake in Microsoft Corporation by 65.6% during the second quarter. Hefty Wealth Partners now owns 1,648 shares of the software giant’s stock worth $113,000 after buying an additional 653 shares in the last quarter. Ullmann Financial Group Inc. acquired a new stake in Microsoft Corporation during the first quarter worth $132,000. Opera Trading Capital boosted its stake in Microsoft Corporation by 1,522.0% during the second quarter. Opera Trading Capital now owns 2,433 shares of the software giant’s stock worth $168,000 after buying an additional 2,283 shares in the last quarter. Finally, Brouwer & Janachowski LLC acquired a new stake in Microsoft Corporation during the second quarter worth $203,000. Institutional investors and hedge funds own 73.37% of the company’s stock.
MSFT has been the topic of a number of recent research reports. Goldman Sachs Group, Inc. (The) reiterated a “buy” rating and set a $88.00 price target (up previously from $78.00) on shares of Microsoft Corporation in a research note on Tuesday, July 18th. Stifel Nicolaus reiterated a “buy” rating and set a $73.00 price target on shares of Microsoft Corporation in a research note on Monday, July 17th. Bank of America Corporation reiterated a “buy” rating and set a $83.00 price target (up previously from $75.00) on shares of Microsoft Corporation in a research note on Monday, July 17th. UBS AG restated a “buy” rating and issued a $82.00 target price (up previously from $73.00) on shares of Microsoft Corporation in a research note on Friday, July 21st. Finally, Raymond James Financial, Inc. boosted their target price on shares of Microsoft Corporation to $84.00 and gave the company a “buy” rating in a research note on Friday, July 21st. Two research analysts have rated the stock with a sell rating, ten have assigned a hold rating and thirty have assigned a buy rating to the stock. The company has an average rating of “Buy” and an average target price of $83.86.
Shares of Microsoft Corporation (MSFT) opened at $83.93 on Tuesday. Microsoft Corporation has a 12 month low of $57.28 and a 12 month high of $86.20. The stock has a market capitalization of $647,022.69, a P/E ratio of 24.81, a PEG ratio of 1.96 and a beta of 1.01. The company has a debt-to-equity ratio of 0.91, a quick ratio of 3.06 and a current ratio of 3.12.
Microsoft Corporation (NASDAQ:MSFT) last announced its quarterly earnings data on Thursday, October 26th. The software giant reported $0.84 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.72 by $0.12. Microsoft Corporation had a return on equity of 35.23% and a net margin of 24.56%. The company had revenue of $24.50 billion for the quarter, compared to analysts’ expectations of $23.57 billion. During the same quarter in the prior year, the business posted $0.76 EPS. The business’s revenue was up 11.7% compared to the same quarter last year. research analysts forecast that Microsoft Corporation will post 3.37 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 14th. Stockholders of record on Thursday, November 16th will be paid a dividend of $0.42 per share. The ex-dividend date is Wednesday, November 15th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 2.00%. This is a boost from Microsoft Corporation’s previous quarterly dividend of $0.39. Microsoft Corporation’s dividend payout ratio is currently 53.06%.
In related news, insider Jean Philippe Courtois sold 26,763 shares of the stock in a transaction on Wednesday, August 30th. The stock was sold at an average price of $74.00, for a total value of $1,980,462.00. Following the sale, the insider now owns 537,519 shares in the company, valued at approximately $39,776,406. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Christopher C. Capossela sold 4,000 shares of the stock in a transaction on Friday, November 10th. The shares were sold at an average price of $83.46, for a total value of $333,840.00. Following the completion of the sale, the executive vice president now owns 189,278 shares in the company, valued at approximately $15,797,141.88. The disclosure for this sale can be found here. In the last quarter, insiders have sold 100,763 shares of company stock worth $7,574,552. Company insiders own 1.49% of the company’s stock.
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Microsoft Corporation 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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