Winfield Associates Inc. grew its stake in shares of Microsoft Co. (NASDAQ:MSFT) by 1.0% in the third quarter, HoldingsChannel.com reports. The firm owned 64,711 shares of the software giant’s stock after acquiring an additional 667 shares during the period. Microsoft accounts for approximately 2.5% of Winfield Associates Inc.’s holdings, making the stock its 9th largest position. Winfield Associates Inc.’s holdings in Microsoft were worth $4,820,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently modified their holdings of MSFT. Nottingham Advisors Inc. raised its holdings in Microsoft by 0.4% in the second quarter. Nottingham Advisors Inc. now owns 5,399 shares of the software giant’s stock worth $372,000 after purchasing an additional 22 shares in the last quarter. Carderock Capital Management Inc. raised its holdings in Microsoft by 0.7% in the second quarter. Carderock Capital Management Inc. now owns 3,981 shares of the software giant’s stock worth $274,000 after purchasing an additional 26 shares in the last quarter. AlphaMark Advisors LLC raised its holdings in 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 purchasing an additional 30 shares in the last quarter. Bank of Stockton raised its holdings in Microsoft by 0.3% in the second quarter. Bank of Stockton now owns 13,396 shares of the software giant’s stock worth $922,000 after purchasing an additional 36 shares in the last quarter. Finally, Simonbaker & Partners LLC raised its holdings in Microsoft by 0.4% in the second quarter. Simonbaker & Partners LLC now owns 11,364 shares of the software giant’s stock worth $783,000 after purchasing an additional 40 shares in the last quarter. 73.07% of the stock is owned by hedge funds and other institutional investors.

In other news, EVP Christopher C. Capossela sold 4,000 shares of the stock in a transaction that occurred on Tuesday, November 21st. The stock was sold at an average price of $83.44, for a total transaction of $333,760.00. Following the transaction, the executive vice president now owns 184,278 shares in the company, valued at approximately $15,376,156.32. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, insider Frank H. Brod sold 18,000 shares of the stock in a transaction that occurred on 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. Company insiders own 1.49% of the company’s stock.

A number of brokerages have commented on MSFT. Zacks Investment Research downgraded shares of Microsoft from a “buy” rating to a “hold” rating in a report on Tuesday, January 9th. ValuEngine upgraded shares of Microsoft from a “hold” rating to a “buy” rating in a report on Friday, February 2nd. Vetr downgraded shares of Microsoft from a “buy” rating to a “hold” rating and set a $94.20 target price for the company. in a report on Tuesday, February 6th. Credit Suisse Group reiterated a “buy” rating and issued a $95.00 target price on shares of Microsoft in a report on Friday, October 27th. Finally, Morgan Stanley set a $88.00 target price on shares of Microsoft and gave the stock a “buy” rating in a report on Friday, October 27th. One research analyst has rated the stock with a sell rating, six have issued a hold rating, thirty-one have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of $99.14.

Microsoft Co. (NASDAQ:MSFT) opened at $89.13 on Tuesday. Microsoft Co. has a 52-week low of $63.62 and a 52-week high of $96.07. The stock has a market capitalization of $687,600.00, a P/E ratio of 60.63, a PEG ratio of 2.05 and a beta of 1.06. 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 (NASDAQ:MSFT) last announced its earnings results on Wednesday, January 31st. The software giant reported $0.96 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.87 by $0.09. Microsoft had a return on equity of 35.41% and a net margin of 11.72%. The firm had revenue of $28.92 billion for the quarter, compared to analyst estimates of $28.42 billion. During the same quarter last year, the firm posted $0.83 EPS. The business’s revenue was up 11.9% on a year-over-year basis. analysts expect that Microsoft Co. will post 3.62 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 8th. Stockholders of record on Thursday, February 15th will be given 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 1.88%. Microsoft’s dividend payout ratio (DPR) is 114.29%.

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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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