Janney Montgomery Scott LLC grew its stake in shares of Microsoft Co. (NASDAQ:MSFT) by 1.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,393,384 shares of the software giant’s stock after purchasing an additional 17,145 shares during the period. Microsoft makes up 1.2% of Janney Montgomery Scott LLC’s investment portfolio, making the stock its 6th largest holding. Janney Montgomery Scott LLC’s holdings in Microsoft were worth $103,793,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. boosted its stake in Microsoft by 4.6% during the second quarter. Vanguard Group Inc. now owns 564,052,011 shares of the software giant’s stock worth $38,880,105,000 after acquiring an additional 25,053,413 shares in the last quarter. Capital Research Global Investors boosted its stake in Microsoft by 212.3% during the second quarter. Capital Research Global Investors now owns 69,663,044 shares of the software giant’s stock worth $4,801,874,000 after acquiring an additional 47,353,245 shares in the last quarter. Janus Henderson Group PLC boosted its stake in Microsoft by 609.4% during the second quarter. Janus Henderson Group PLC now owns 49,174,883 shares of the software giant’s stock worth $3,389,625,000 after acquiring an additional 42,243,011 shares in the last quarter. Legal & General Group Plc boosted its stake in Microsoft by 2.1% during the third quarter. Legal & General Group Plc now owns 38,463,571 shares of the software giant’s stock worth $2,864,881,000 after acquiring an additional 774,549 shares in the last quarter. Finally, Schwab Charles Investment Management Inc. boosted its stake in Microsoft by 2.5% during the third quarter. Schwab Charles Investment Management Inc. now owns 30,375,635 shares of the software giant’s stock worth $2,262,682,000 after acquiring an additional 753,152 shares in the last quarter. 73.88% of the stock is currently owned by hedge funds and other institutional investors.

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MSFT has been the topic of several research reports. Barclays set a $95.00 price objective on shares of Microsoft and gave the stock an “overweight” rating in a research note on Friday, January 12th. ValuEngine raised shares of Microsoft from a “hold” rating to a “buy” rating in a research note on Sunday, December 31st. Oppenheimer boosted their price objective on shares of Microsoft to $115.00 and gave the stock an “outperform” rating in a research note on Tuesday, January 9th. Credit Suisse Group reissued an “outperform” rating and set a $115.00 price objective (up previously from $95.00) on shares of Microsoft in a research note on Thursday, January 18th. Finally, BMO Capital Markets boosted their price objective on shares of Microsoft to $100.00 and gave the stock an “outperform” rating in a research note on Friday, January 26th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and thirty-one have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $99.41.

In related news, CMO Christopher C. Capossela sold 3,000 shares of the business’s stock in a transaction that occurred on Friday, February 16th. The shares were sold at an average price of $93.30, for a total transaction of $279,900.00. Following the completion of the sale, the chief marketing officer now directly owns 178,278 shares in the company, valued at $16,633,337.40. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Christopher C. Capossela sold 3,500 shares of the business’s stock in a transaction that occurred on Tuesday, February 20th. The shares were sold at an average price of $93.00, for a total transaction of $325,500.00. Following the sale, the executive vice president now owns 174,778 shares of the company’s stock, valued at $16,254,354. The disclosure for this sale can be found here. Insiders have sold 10,000 shares of company stock valued at $930,900 over the last 90 days. 1.49% of the stock is currently owned by company insiders.

Shares of Microsoft Co. (NASDAQ:MSFT) opened at $94.41 on Wednesday. The company has a current ratio of 2.89, a quick ratio of 2.85 and a debt-to-equity ratio of 1.01. The stock has a market cap of $726,940.00, a P/E ratio of 28.96, a P/E/G ratio of 2.23 and a beta of 1.04. Microsoft Co. has a 12-month low of $64.12 and a 12-month high of $97.24.

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 the consensus estimate of $0.87 by $0.09. The company had revenue of $28.92 billion during the quarter, compared to analyst estimates of $28.42 billion. Microsoft had a net margin of 11.72% and a return on equity of 35.41%. The firm’s quarterly revenue was up 11.9% compared to the same quarter last year. During the same period in the previous year, the business posted $0.83 earnings per share. equities analysts predict that Microsoft Co. will post 3.65 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 14th. Investors of record on Thursday, May 17th will be given a dividend of $0.42 per share. The ex-dividend date is Wednesday, May 16th. This represents a $1.68 annualized dividend and a yield of 1.78%. Microsoft’s dividend payout ratio (DPR) is 51.53%.

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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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