Schneider Downs Wealth Management Advisors LP raised its stake in Microsoft Co. (NASDAQ:MSFT) by 0.9% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 21,591 shares of the software giant’s stock after buying an additional 193 shares during the period. Microsoft comprises 1.5% of Schneider Downs Wealth Management Advisors LP’s holdings, making the stock its 12th biggest holding. Schneider Downs Wealth Management Advisors LP’s holdings in Microsoft were worth $4,541,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently modified their holdings of MSFT. Virtus ETF Advisers LLC grew its position in shares of Microsoft by 230.5% during the 2nd quarter. Virtus ETF Advisers LLC now owns 195 shares of the software giant’s stock worth $40,000 after buying an additional 136 shares in the last quarter. FNY Investment Advisers LLC purchased a new stake in Microsoft in the third quarter worth about $45,000. Selective Wealth Management Inc. grew its holdings in Microsoft by 26.9% during the 2nd quarter. Selective Wealth Management Inc. now owns 236 shares of the software giant’s stock worth $48,000 after acquiring an additional 50 shares in the last quarter. Virtus Alternative Investment Advisers Inc. purchased a new position in Microsoft during the 2nd quarter valued at about $48,000. Finally, Your Advocates Ltd. LLP raised its holdings in shares of Microsoft by 588.2% in the 2nd quarter. Your Advocates Ltd. LLP now owns 351 shares of the software giant’s stock valued at $71,000 after purchasing an additional 300 shares in the last quarter. Institutional investors and hedge funds own 69.93% of the company’s stock.

In other Microsoft news, CFO Amy Hood sold 80,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 3rd. The stock was sold at an average price of $218.14, for a total value of $17,451,200.00. Following the sale, the chief financial officer now directly owns 452,720 shares of the company’s stock, valued at $98,756,340.80. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CMO Christopher C. Capossela sold 23,000 shares of the business’s stock in a transaction that occurred on Wednesday, September 9th. The shares were sold at an average price of $210.70, for a total value of $4,846,100.00. Following the completion of the sale, the chief marketing officer now owns 122,943 shares of the company’s stock, valued at $25,904,090.10. The disclosure for this sale can be found here. Insiders have sold a total of 164,067 shares of company stock worth $35,247,737 over the last 90 days. Insiders own 1.39% of the company’s stock.

A number of equities analysts recently commented on the stock. Credit Suisse Group reissued a “buy” rating and issued a $225.00 price objective on shares of Microsoft in a research note on Monday, October 5th. Tigress Financial reissued a “buy” rating on shares of Microsoft in a research report on Friday, July 31st. JPMorgan Chase & Co. lifted their target price on Microsoft from $190.00 to $220.00 and gave the company an “overweight” rating in a research note on Thursday, July 23rd. Jefferies Financial Group boosted their target price on shares of Microsoft from $200.00 to $240.00 and gave the stock a “buy” rating in a report on Sunday, July 19th. Finally, Citigroup lifted their price objective on shares of Microsoft from $179.00 to $216.00 and gave the stock a “neutral” rating in a research report on Thursday, July 16th. Four analysts have rated the stock with 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 has a consensus rating of “Buy” and a consensus price target of $220.30.

Shares of NASDAQ:MSFT opened at $219.66 on Friday. The company has a current ratio of 2.52, a quick ratio of 2.49 and a debt-to-equity ratio of 0.50. Microsoft Co. has a 12-month low of $132.52 and a 12-month high of $232.86. The business has a 50 day moving average of $211.82 and a two-hundred day moving average of $196.06. The company has a market capitalization of $1,662.31 billion, a PE ratio of 38.20, a PEG ratio of 2.54 and a beta of 0.92.

Microsoft (NASDAQ:MSFT) last posted its earnings results on Wednesday, July 22nd. The software giant reported $1.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.34 by $0.12. The firm had revenue of $38.03 billion during the quarter, compared to analysts’ expectations of $36.59 billion. Microsoft had a net margin of 30.96% and a return on equity of 39.45%. Equities research analysts predict that Microsoft Co. will post 6.36 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 10th. Stockholders of record on Thursday, November 19th will be paid a dividend of $0.56 per share. This is a positive change from Microsoft’s previous quarterly dividend of $0.51. This represents a $2.24 annualized dividend and a dividend yield of 1.02%. The ex-dividend date of this dividend is Wednesday, November 18th. Microsoft’s dividend payout ratio is presently 35.42%.

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, 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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