Mount Yale Investment Advisors LLC acquired a new position in shares of Microsoft Co. (NASDAQ:MSFT) in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 15,238 shares of the software giant’s stock, valued at approximately $1,391,000.

Several other hedge funds have also recently added to or reduced their stakes in the company. Claraphi Advisory Network LLC grew its stake in shares of Microsoft by 4.8% during the first quarter. Claraphi Advisory Network LLC now owns 11,660 shares of the software giant’s stock valued at $1,064,000 after acquiring an additional 529 shares in the last quarter. Nicollet Investment Management Inc. grew its stake in shares of Microsoft by 1.0% during the first quarter. Nicollet Investment Management Inc. now owns 54,436 shares of the software giant’s stock valued at $4,968,000 after acquiring an additional 538 shares in the last quarter. Stonebridge Capital Advisors LLC grew its stake in shares of Microsoft by 0.5% during the first quarter. Stonebridge Capital Advisors LLC now owns 112,612 shares of the software giant’s stock valued at $10,278,000 after acquiring an additional 539 shares in the last quarter. Clearwater Capital Advisors LLC grew its stake in shares of Microsoft by 10.5% during the first quarter. Clearwater Capital Advisors LLC now owns 5,698 shares of the software giant’s stock valued at $520,000 after acquiring an additional 540 shares in the last quarter. Finally, Intrust Bank NA grew its stake in shares of Microsoft by 0.9% during the first quarter. Intrust Bank NA now owns 62,648 shares of the software giant’s stock valued at $5,718,000 after acquiring an additional 547 shares in the last quarter. Institutional investors and hedge funds own 71.75% of the company’s stock.

Shares of MSFT stock opened at $113.21 on Wednesday. The company has a current ratio of 2.90, a quick ratio of 2.86 and a debt-to-equity ratio of 0.94. Microsoft Co. has a one year low of $72.92 and a one year high of $113.73. The stock has a market cap of $872.93 billion, a PE ratio of 29.18, a P/E/G ratio of 2.17 and a beta of 1.26.

Microsoft (NASDAQ:MSFT) last issued its quarterly earnings results on Thursday, July 19th. The software giant reported $1.13 EPS for the quarter, topping the 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 business had revenue of $30.09 billion for the quarter, compared to analysts’ expectations of $29.23 billion. During the same quarter last year, the company posted $0.75 earnings per share. The company’s quarterly revenue was up 17.5% compared to the same quarter last year. analysts anticipate that Microsoft Co. will post 4.25 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 13th. Shareholders of record on Thursday, November 15th will be issued a $0.46 dividend. The ex-dividend date of this dividend is Wednesday, November 14th. This represents a $1.84 dividend on an annualized basis and a yield of 1.63%. This is a boost from Microsoft’s previous quarterly dividend of $0.42. Microsoft’s dividend payout ratio (DPR) is currently 43.30%.

In other Microsoft news, CMO Christopher C. Capossela sold 23,337 shares of the firm’s stock in a transaction dated Monday, September 10th. The shares were sold at an average price of $109.22, for a total value of $2,548,867.14. Following the transaction, the chief marketing officer now owns 190,570 shares of the company’s stock, valued at $20,814,055.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Margaret L. Johnson sold 47,000 shares of the firm’s stock in a transaction dated Thursday, August 2nd. The stock was sold at an average price of $107.67, for a total transaction of $5,060,490.00. Following the completion of the transaction, the executive vice president now directly owns 109,687 shares in the company, valued at approximately $11,809,999.29. The disclosure for this sale can be found here. Insiders sold 650,042 shares of company stock worth $71,264,850 in the last three months. 1.49% of the stock is currently owned by corporate insiders.

Several analysts have recently weighed in on MSFT shares. BidaskClub upgraded Microsoft from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, July 18th. Griffin Securities raised their target price on Microsoft from $119.00 to $124.00 and gave the company a “buy” rating in a research note on Friday, July 20th. Deutsche Bank raised their target price on Microsoft to $130.00 and gave the company a “buy” rating in a research note on Friday, July 20th. Zacks Investment Research upgraded Microsoft from a “hold” rating to a “buy” rating and set a $121.00 target price for the company in a research note on Tuesday, July 24th. Finally, Oppenheimer set a $120.00 target price on Microsoft and gave the company a “buy” rating in a research note on Friday, July 27th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, thirty have issued a buy rating and two have assigned a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of $119.74.

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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