Credit Agricole S A lifted its stake in Microsoft Co. (NASDAQ:MSFT) by 11.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 317,592 shares of the software giant’s stock after acquiring an additional 31,764 shares during the quarter. Microsoft makes up 2.0% of Credit Agricole S A’s portfolio, making the stock its 4th biggest holding. Credit Agricole S A’s holdings in Microsoft were worth $28,986,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. BlackRock Inc. increased its stake in shares of Microsoft by 1.3% in the first quarter. BlackRock Inc. now owns 499,849,770 shares of the software giant’s stock worth $45,621,287,000 after acquiring an additional 6,488,089 shares during the last quarter. Massachusetts Financial Services Co. MA increased its stake in shares of Microsoft by 12.3% in the first quarter. Massachusetts Financial Services Co. MA now owns 27,839,945 shares of the software giant’s stock worth $2,540,952,000 after acquiring an additional 3,049,723 shares during the last quarter. Sumitomo Mitsui Trust Holdings Inc. increased its stake in shares of Microsoft by 1.6% in the first quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 21,899,699 shares of the software giant’s stock worth $1,998,786,000 after acquiring an additional 346,564 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in shares of Microsoft by 7.6% in the first quarter. Dimensional Fund Advisors LP now owns 20,956,647 shares of the software giant’s stock worth $1,912,713,000 after acquiring an additional 1,473,682 shares during the last quarter. Finally, California Public Employees Retirement System increased its stake in shares of Microsoft by 0.5% in the fourth quarter. California Public Employees Retirement System now owns 18,709,029 shares of the software giant’s stock worth $1,600,370,000 after acquiring an additional 91,553 shares during the last quarter. 71.84% of the stock is currently owned by institutional investors and hedge funds.

MSFT stock opened at $108.21 on Friday. The company has a debt-to-equity ratio of 0.94, a current ratio of 2.90 and a quick ratio of 2.86. Microsoft Co. has a 52-week low of $72.92 and a 52-week high of $112.78. The stock has a market cap of $835.35 billion, a price-to-earnings ratio of 27.89, a PEG ratio of 2.07 and a beta of 1.26.

Microsoft (NASDAQ:MSFT) last released its quarterly earnings results on Thursday, July 19th. The software giant reported $1.13 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.08 by $0.05. Microsoft had a net margin of 15.02% and a return on equity of 36.69%. The company had revenue of $30.09 billion during the quarter, compared to analysts’ expectations of $29.23 billion. During the same period in the prior year, the company earned $0.75 earnings per share. The business’s quarterly revenue was up 17.5% compared to the same quarter last year. equities analysts anticipate that Microsoft Co. will post 4.25 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 13th. Shareholders of record on Thursday, August 16th will be issued a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a yield of 1.55%. The ex-dividend date of this dividend is Wednesday, August 15th. Microsoft’s dividend payout ratio (DPR) is 43.30%.

In related news, CEO Satya Nadella sold 328,000 shares of the stock in a transaction dated Friday, August 10th. The shares were sold at an average price of $109.44, for a total value of $35,896,320.00. Following the completion of the sale, the chief executive officer now owns 778,596 shares in the company, valued at $85,209,546.24. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Amy Hood sold 118,000 shares of the stock in a transaction dated Tuesday, September 4th. The shares were sold at an average price of $110.90, for a total transaction of $13,086,200.00. Following the completion of the sale, the chief financial officer now owns 669,327 shares of the company’s stock, valued at approximately $74,228,364.30. The disclosure for this sale can be found here. Insiders have sold 590,880 shares of company stock valued at $64,833,269 over the last 90 days. Corporate insiders own 1.49% of the company’s stock.

A number of equities research analysts recently issued reports on MSFT shares. Macquarie reiterated a “neutral” rating and issued a $100.00 price objective on shares of Microsoft in a report on Wednesday, June 13th. Argus reiterated a “focus list” rating and issued a $116.00 price objective on shares of Microsoft in a report on Wednesday, June 6th. Barclays set a $120.00 price objective on shares of Microsoft and gave the stock a “buy” rating in a report on Friday. Nomura set a $118.00 price objective on shares of Microsoft and gave the stock a “buy” rating in a report on Friday, July 20th. Finally, Atlantic Securities upgraded shares of Microsoft from a “neutral” rating to an “overweight” rating in a report on Monday, June 25th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, thirty have issued a buy rating and two have given a strong buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of $119.49.

Microsoft Profile

Microsoft Corporation develops, licenses, and supports software, services, devices, and solutions worldwide. The company operates through Productivity and Business Processes, Intelligent Cloud, and More Personal Computing segments. The Productivity and Business Processes segment offers Office 365 commercial products and services for businesses, such as Office, Exchange, SharePoint, Skype for Business, Microsoft Teams, and related Client Access Licenses (CALs); Office 365 consumer services, including Skype, Outlook.com, and OneDrive; LinkedIn online professional network; and Dynamics business solutions comprising financial management, enterprise resource planning, customer relationship management, supply chain management, and analytics applications for small and medium businesses, large organizations, and divisions of enterprises.

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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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