Security Asset Management increased its stake in Microsoft Co. (NASDAQ:MSFT) by 21.8% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 16,419 shares of the software giant’s stock after buying an additional 2,936 shares during the period. Security Asset Management’s holdings in Microsoft were worth $1,619,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Osterweis Capital Management Inc. increased its holdings in Microsoft by 40.2% in the first quarter. Osterweis Capital Management Inc. now owns 427,300 shares of the software giant’s stock worth $39,000,000 after buying an additional 122,615 shares during the last quarter. Skye Global Management LP boosted its position in Microsoft by 174.8% during the first quarter. Skye Global Management LP now owns 1,998,900 shares of the software giant’s stock worth $182,440,000 after purchasing an additional 1,271,400 shares during the period. HC Financial Advisors Inc. bought a new stake in Microsoft during the fourth quarter worth approximately $2,206,000. Middleton & Co Inc MA boosted its position in Microsoft by 1.5% during the second quarter. Middleton & Co Inc MA now owns 55,349 shares of the software giant’s stock worth $5,457,000 after purchasing an additional 838 shares during the period. Finally, FCG Advisors LLC boosted its position in Microsoft by 19.6% during the first quarter. FCG Advisors LLC now owns 25,098 shares of the software giant’s stock worth $2,291,000 after purchasing an additional 4,111 shares during the period. Institutional investors and hedge funds own 72.12% of the company’s stock.

A number of equities research analysts have issued reports on the company. Wells Fargo & Co reaffirmed a “buy” rating and set a $130.00 target price on shares of Microsoft in a research report on Thursday, September 27th. Credit Suisse Group reaffirmed a “buy” rating and set a $125.00 target price on shares of Microsoft in a research report on Monday, October 29th. Oppenheimer reaffirmed a “buy” rating and set a $127.00 target price on shares of Microsoft in a research report on Monday, October 29th. $1 reaffirmed a “buy” rating and set a $127.00 target price on shares of Microsoft in a research report on Tuesday, October 23rd. Finally, Barclays reaffirmed a “buy” rating and set a $121.00 target price on shares of Microsoft in a research report on Thursday, October 25th. One analyst has rated the stock with a sell rating, two have issued a hold rating, thirty-three have given a buy rating and two have assigned a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of $121.88.

In related news, CEO Satya Nadella sold 203,418 shares of the firm’s stock in a transaction on Friday, October 26th. The stock was sold at an average price of $106.68, for a total value of $21,700,632.24. Following the completion of the transaction, the chief executive officer now directly owns 1,014,247 shares of the company’s stock, valued at $108,199,869.96. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Frank H. Brod sold 2,000 shares of the firm’s stock in a transaction on Monday, November 5th. The stock was sold at an average price of $107.18, for a total value of $214,360.00. Following the completion of the transaction, the insider now directly owns 64,676 shares of the company’s stock, valued at $6,931,973.68. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 479,080 shares of company stock valued at $52,100,893. 1.38% of the stock is owned by company insiders.

MSFT opened at $108.29 on Monday. Microsoft Co. has a 1-year low of $80.70 and a 1-year high of $116.18. The company has a debt-to-equity ratio of 0.88, a current ratio of 2.92 and a quick ratio of 2.85. The company has a market capitalization of $833.81 billion, a PE ratio of 27.91, a price-to-earnings-growth ratio of 1.97 and a beta of 1.26.

Microsoft (NASDAQ:MSFT) last posted its quarterly earnings data on Wednesday, October 24th. The software giant reported $1.14 earnings per share for the quarter, beating the consensus estimate of $0.96 by $0.18. Microsoft had a return on equity of 39.86% and a net margin of 16.38%. The company had revenue of $29.08 billion during the quarter, compared to analysts’ expectations of $27.92 billion. During the same period in the prior year, the business earned $0.84 earnings per share. Microsoft’s revenue for the quarter was up 18.5% compared to the same quarter last year. As a group, sell-side analysts predict that Microsoft Co. will post 4.4 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 13th. Stockholders of record on Thursday, November 15th will be given a $0.46 dividend. This represents a $1.84 annualized dividend and a dividend yield of 1.70%. This is a boost from Microsoft’s previous quarterly dividend of $0.42. The ex-dividend date of this dividend is Wednesday, November 14th. Microsoft’s dividend payout ratio is currently 47.42%.

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About Microsoft

Microsoft Corporation develops, licenses, and supports software, services, devices, and solutions worldwide. Its company's 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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