Crescent Grove Advisors LLC lifted its holdings in shares of Microsoft Co. (NASDAQ:MSFT) by 10.7% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 9,020 shares of the software giant’s stock after buying an additional 875 shares during the quarter. Crescent Grove Advisors LLC’s holdings in Microsoft were worth $672,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in MSFT. First Eagle Investment Management LLC lifted its position in Microsoft by 10.1% in the third quarter. First Eagle Investment Management LLC now owns 26,072,817 shares of the software giant’s stock valued at $1,942,164,000 after purchasing an additional 2,389,149 shares during the period. Jarislowsky Fraser Ltd lifted its position in Microsoft by 1.3% in the third quarter. Jarislowsky Fraser Ltd now owns 2,592,877 shares of the software giant’s stock valued at $193,143,000 after purchasing an additional 33,893 shares during the period. Intrust Bank NA lifted its position in Microsoft by 2.8% in the third quarter. Intrust Bank NA now owns 59,866 shares of the software giant’s stock valued at $4,460,000 after purchasing an additional 1,626 shares during the period. Cobblestone Capital Advisors LLC NY lifted its position in Microsoft by 3.5% in the third quarter. Cobblestone Capital Advisors LLC NY now owns 53,775 shares of the software giant’s stock valued at $4,006,000 after purchasing an additional 1,807 shares during the period. Finally, YHB Investment Advisors Inc. lifted its position in Microsoft by 14.4% in the third quarter. YHB Investment Advisors Inc. now owns 247,248 shares of the software giant’s stock valued at $18,418,000 after purchasing an additional 31,195 shares during the period. Institutional investors and hedge funds own 73.22% of the company’s stock.

Microsoft Co. (MSFT) opened at $88.18 on Friday. The company has a debt-to-equity ratio of 1.01, a quick ratio of 2.85 and a current ratio of 2.89. Microsoft Co. has a 12 month low of $63.62 and a 12 month high of $96.07. The firm has a market cap of $680,270.00, a P/E ratio of 59.99, a PEG ratio of 1.98 and a beta of 1.06.

Microsoft (NASDAQ:MSFT) last issued its quarterly earnings data on Wednesday, January 31st. The software giant reported $0.96 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.87 by $0.09. Microsoft had a net margin of 11.72% and a return on equity of 35.41%. The business had revenue of $28.92 billion during the quarter, compared to analysts’ expectations of $28.42 billion. During the same period last year, the company posted $0.83 EPS. The company’s revenue was up 11.9% on a year-over-year basis. research analysts predict that Microsoft Co. will post 3.62 earnings per share for the current year.

The firm 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 is Wednesday, February 14th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 1.91%. Microsoft’s dividend payout ratio (DPR) is 114.29%.

In other news, EVP Christopher C. Capossela sold 4,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 21st. The shares were 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 of the company’s stock, valued at approximately $15,376,156.32. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Frank H. Brod sold 18,000 shares of the firm’s stock in a transaction that occurred on Monday, December 4th. The stock was sold at an average price of $83.15, for a total transaction of $1,496,700.00. The disclosure for this sale can be found here. Over the last three months, insiders have sold 26,000 shares of company stock valued at $2,164,380. Corporate insiders own 1.49% of the company’s stock.

A number of equities research analysts recently commented on the stock. Vetr upgraded shares of Microsoft from a “buy” rating to a “strong-buy” rating and set a $95.92 price objective for the company in a research report on Monday. Argus raised their price objective on shares of Microsoft from $95.00 to $107.00 and gave the company a “buy” rating in a research report on Tuesday, February 6th. Zacks Investment Research upgraded shares of Microsoft from a “hold” rating to a “buy” rating and set a $106.00 price objective for the company in a research report on Monday, February 5th. Nomura raised their price objective on shares of Microsoft from $102.00 to $105.00 and gave the company a “buy” rating in a research report on Friday, February 2nd. Finally, ValuEngine upgraded shares of Microsoft from a “hold” rating to a “buy” rating in a research report on Friday, February 2nd. One investment analyst has rated the stock with a sell rating, six have given a hold rating, thirty-one have issued a buy rating and one has assigned a strong buy rating to the company. The stock has an average rating of “Buy” and an average price target of $99.14.

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Microsoft 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 (NASDAQ:MSFT)

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