Winslow Evans & Crocker Inc. raised its stake in Microsoft Corporation (NASDAQ:MSFT) by 96.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 97,583 shares of the software giant’s stock after acquiring an additional 47,793 shares during the period. Microsoft Corporation makes up 1.8% of Winslow Evans & Crocker Inc.’s portfolio, making the stock its 7th biggest position. Winslow Evans & Crocker Inc.’s holdings in Microsoft Corporation were worth $6,657,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Tompkins Financial Corp grew its stake in shares of Microsoft Corporation by 21.1% in the first quarter. Tompkins Financial Corp now owns 104,748 shares of the software giant’s stock worth $5,784,000 after acquiring an additional 18,225 shares during the last quarter. State of Wisconsin Investment Board grew its stake in shares of Microsoft Corporation by 7.3% in the first quarter. State of Wisconsin Investment Board now owns 7,827,220 shares of the software giant’s stock worth $515,501,000 after acquiring an additional 530,893 shares during the last quarter. HPM Partners LLC grew its stake in shares of Microsoft Corporation by 293.5% in the first quarter. HPM Partners LLC now owns 161,065 shares of the software giant’s stock worth $10,608,000 after acquiring an additional 120,135 shares during the last quarter. Cribstone Capital Management LLC grew its stake in shares of Microsoft Corporation by 33.5% in the first quarter. Cribstone Capital Management LLC now owns 38,889 shares of the software giant’s stock worth $2,554,000 after acquiring an additional 9,768 shares during the last quarter. Finally, Murphy Capital Management Inc. grew its stake in shares of Microsoft Corporation by 3.9% in the first quarter. Murphy Capital Management Inc. now owns 74,816 shares of the software giant’s stock worth $4,927,000 after acquiring an additional 2,776 shares during the last quarter. 73.37% of the stock is currently owned by hedge funds and other institutional investors.

A number of equities research analysts have recently commented on MSFT shares. Sanford C. Bernstein set a $87.00 target price on Microsoft Corporation and gave the stock a “buy” rating in a research note on Friday, July 21st. Canaccord Genuity reissued a “hold” rating and issued a $76.00 target price on shares of Microsoft Corporation in a research note on Friday, September 15th. Evercore ISI reissued a “buy” rating and issued a $80.00 target price on shares of Microsoft Corporation in a research note on Friday, August 18th. Morningstar, Inc. reissued a “buy” rating on shares of Microsoft Corporation in a research note on Wednesday, June 28th. Finally, Macquarie set a $77.00 target price on Microsoft Corporation and gave the stock a “neutral” rating in a research note on Friday, July 21st. Two analysts have rated the stock with a sell rating, eleven have issued a hold rating and twenty-eight have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of $77.66.

Microsoft Corporation (MSFT) traded up 0.03% during trading on Thursday, reaching $77.63. The company had a trading volume of 4,047,799 shares. Microsoft Corporation has a 52 week low of $56.66 and a 52 week high of $77.87. The firm has a market capitalization of $597.93 billion, a price-to-earnings ratio of 28.65 and a beta of 1.01. The company’s 50-day moving average is $75.08 and its 200 day moving average is $71.36.

Microsoft Corporation (NASDAQ:MSFT) last issued its quarterly earnings data on Thursday, July 20th. The software giant reported $0.98 earnings per share for the quarter, topping the consensus estimate of $0.71 by $0.27. The company had revenue of $24.70 billion during the quarter, compared to analyst estimates of $24.29 billion. Microsoft Corporation had a return on equity of 36.81% and a net margin of 23.57%. The firm’s revenue for the quarter was up 9.1% compared to the same quarter last year. During the same period in the prior year, the business posted $0.69 earnings per share. Equities analysts anticipate that Microsoft Corporation will post $3.19 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 14th. Investors of record on Thursday, November 16th will be given a $0.42 dividend. This represents a $1.68 annualized dividend and a yield of 2.16%. This is a positive change from Microsoft Corporation’s previous quarterly dividend of $0.39. The ex-dividend date of this dividend is Wednesday, November 15th. Microsoft Corporation’s dividend payout ratio is presently 57.78%.

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In other news, CFO Amy Hood sold 55,000 shares of the firm’s stock in a transaction on Tuesday, August 29th. The stock was sold at an average price of $72.71, for a total transaction of $3,999,050.00. Following the completion of the transaction, the chief financial officer now directly owns 510,217 shares in the company, valued at $37,097,878.07. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, insider G Mason Morfit sold 7,000,000 shares of the firm’s stock in a transaction on Tuesday, August 8th. The stock was sold at an average price of $72.56, for a total value of $507,920,000.00. The disclosure for this sale can be found here. Insiders sold 7,108,526 shares of company stock valued at $515,879,974 over the last quarter. 2.99% of the stock is currently owned by company insiders.

Microsoft Corporation 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.

Institutional Ownership by Quarter for Microsoft Corporation (NASDAQ:MSFT)

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