Community Bank N.A. reduced its stake in Microsoft Co. (NASDAQ:MSFT) by 4.3% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 69,666 shares of the software giant’s stock after selling 3,128 shares during the period. Community Bank N.A.’s holdings in Microsoft were worth $5,190,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of MSFT. Acrospire Investment Management LLC boosted its holdings in shares of Microsoft by 300.0% in the second quarter. Acrospire Investment Management LLC now owns 1,600 shares of the software giant’s stock worth $110,000 after acquiring an additional 1,200 shares during the period. Stelac Advisory Services LLC boosted its holdings in shares of Microsoft by 23.5% in 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 period. Pacific Center for Financial Services boosted its holdings in shares of Microsoft by 3.0% in the second quarter. Pacific Center for Financial Services now owns 2,572 shares of the software giant’s stock worth $177,000 after acquiring an additional 75 shares during the period. AlphaMark Advisors LLC boosted its holdings in shares of Microsoft by 1.1% in the second quarter. AlphaMark Advisors LLC now owns 2,677 shares of the software giant’s stock worth $185,000 after acquiring an additional 30 shares during the period. Finally, Ruggie Capital Group raised its position in shares of Microsoft by 1,165.9% in the second quarter. Ruggie Capital Group now owns 2,823 shares of the software giant’s stock worth $195,000 after buying an additional 2,600 shares in the last quarter. 73.19% of the stock is owned by hedge funds and other institutional investors.

Microsoft Co. (NASDAQ MSFT) opened at $90.14 on Thursday. Microsoft Co. has a 12 month low of $62.12 and a 12 month high of $90.79. The stock has a market capitalization of $695,390.00, a PE ratio of 30.45, a PEG ratio of 2.09 and a beta of 0.99. 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 announced its quarterly earnings data on Thursday, October 26th. The software giant reported $0.84 earnings per share (EPS) for the quarter, beating the Zacks’ 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 firm had revenue of $24.50 billion for the quarter, compared to analysts’ expectations of $23.57 billion. During the same period last year, the firm earned $0.76 earnings per share. The company’s revenue for the quarter was up 11.7% compared to the same quarter last year. sell-side analysts anticipate that Microsoft Co. will post 3.39 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 8th. Stockholders of record on Thursday, February 15th will be paid a dividend of $0.42 per share. The ex-dividend date of this dividend is Wednesday, February 14th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 1.86%. Microsoft’s dividend payout ratio (DPR) is currently 56.76%.

MSFT has been the topic of a number of recent analyst reports. Oppenheimer set a $80.00 price objective on Microsoft and gave the stock a “buy” rating in a research report on Monday, September 25th. KeyCorp reiterated a “buy” rating and issued a $94.00 price objective on shares of Microsoft in a research report on Friday, October 27th. Stifel Nicolaus increased their price objective on Microsoft from $80.00 to $85.00 and gave the stock a “buy” rating in a research report on Tuesday, October 24th. Goldman Sachs Group set a $88.00 price objective on Microsoft and gave the stock a “buy” rating in a research report on Thursday, October 19th. Finally, Royal Bank of Canada set a $85.00 price objective on Microsoft and gave the stock a “buy” rating in a research report on Wednesday, October 18th. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating and thirty-one have given a buy rating to the company’s stock. Microsoft has an average rating of “Buy” and an average target price of $87.01.

In other news, EVP Christopher C. Capossela sold 4,000 shares of the firm’s stock in a transaction dated Friday, November 10th. The stock was sold at an average price of $83.46, for a total transaction of $333,840.00. Following the transaction, the executive vice president now directly owns 189,278 shares of the company’s stock, valued at $15,797,141.88. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Frank H. Brod sold 18,000 shares of the firm’s stock in a transaction dated Monday, December 4th. The shares were sold at an average price of $83.15, for a total value of $1,496,700.00. The disclosure for this sale can be found here. Insiders have sold 45,000 shares of company stock worth $3,759,420 over the last ninety days. Insiders own 1.49% of the company’s stock.

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About Microsoft

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 (NASDAQ:MSFT)

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