Edinburgh Partners Ltd Has $122,000 Stake in Microsoft Corporation (MSFT)
Edinburgh Partners Ltd held its position in Microsoft Corporation (NASDAQ:MSFT) during the second quarter, according to its most recent filing with the SEC. The fund owned 1,766 shares of the software giant’s stock at the end of the second quarter. Microsoft accounts for 0.0% of Edinburgh Partners Ltd’s holdings, making the stock its 13th largest position. Edinburgh Partners Ltd’s holdings in Microsoft were worth $122,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors have also bought and sold shares of MSFT. Appropriate Balance Financial Services Inc. grew its stake in Microsoft by 4.7% during the 2nd quarter. Appropriate Balance Financial Services Inc. now owns 643 shares of the software giant’s stock valued at $9,331,000 after acquiring an additional 29 shares in the last quarter. Hefty Wealth Partners lifted its stake in shares of Microsoft 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 purchasing an additional 653 shares during the period. Ullmann Financial Group Inc. acquired a new position in Microsoft during the first quarter worth about $132,000. Stelac Advisory Services LLC raised its position in Microsoft by 23.5% during the second quarter. Stelac Advisory Services LLC now owns 2,033 shares of the software giant’s stock worth $140,000 after acquiring an additional 387 shares during the last quarter. Finally, Opera Trading Capital raised its position in Microsoft 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 acquiring an additional 2,283 shares during the last quarter. Institutional investors own 73.35% of the company’s stock.
Shares of Microsoft Corporation (NASDAQ:MSFT) opened at $84.17 on Friday. Microsoft Corporation has a one year low of $58.80 and a one year high of $86.20. The company has a market capitalization of $654,814.38, a P/E ratio of 25.11, a P/E/G ratio of 1.98 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 (NASDAQ:MSFT) last released its earnings results on Thursday, October 26th. The software giant reported $0.84 EPS for the quarter, topping the consensus estimate of $0.72 by $0.12. Microsoft had a return on equity of 35.23% and a net margin of 24.56%. The business had revenue of $24.50 billion during the quarter, compared to analysts’ expectations of $23.57 billion. During the same quarter last year, the firm posted $0.76 earnings per share. The firm’s revenue was up 11.7% on a year-over-year basis. analysts forecast that Microsoft Corporation will post 3.38 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 8th. Investors of record on Thursday, February 15th will be given a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a yield of 2.00%. The ex-dividend date of this dividend is Wednesday, February 14th. Microsoft’s payout ratio is 57.14%.
In related news, EVP Christopher C. Capossela sold 4,000 shares of the business’s stock in a transaction dated Tuesday, November 21st. The stock was sold at an average price of $83.44, for a total transaction of $333,760.00. Following the completion of the transaction, the executive vice president now directly owns 184,278 shares in the company, valued at $15,376,156.32. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, insider Frank H. Brod sold 15,000 shares of the business’s stock in a transaction dated Thursday, November 2nd. The stock was sold at an average price of $84.08, for a total value of $1,261,200.00. Following the transaction, the insider now owns 116,205 shares of the company’s stock, valued at $9,770,516.40. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 27,000 shares of company stock valued at $2,262,720. 1.49% of the stock is owned by company insiders.
A number of brokerages have issued reports on MSFT. Piper Jaffray Companies restated a “buy” rating and set a $100.00 target price on shares of Microsoft in a research report on Monday. Sanford C. Bernstein reissued a “buy” rating and issued a $100.00 price target on shares of Microsoft in a research report on Wednesday, November 15th. Goldman Sachs Group set a $92.00 price objective on shares of Microsoft and gave the stock a “buy” rating in a research note on Thursday, November 16th. Vetr upgraded shares of Microsoft from a “hold” rating to a “buy” rating and set a $90.36 price objective on the stock in a research note on Monday, November 13th. Finally, Zacks Investment Research downgraded shares of Microsoft from a “buy” rating to a “hold” rating in a research note on Friday, November 10th. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating and thirty have issued a buy rating to the company. Microsoft has a consensus rating of “Buy” and a consensus target price of $84.48.
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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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