Rothschild Asset Management Inc. decreased its holdings in Microsoft Corporation (NASDAQ:MSFT) by 3.0% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,506,484 shares of the software giant’s stock after selling 46,955 shares during the period. Microsoft Corporation accounts for about 1.2% of Rothschild Asset Management Inc.’s portfolio, making the stock its 4th biggest holding. Rothschild Asset Management Inc.’s holdings in Microsoft Corporation were worth $103,842,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Northeast Financial Consultants Inc lifted its position in shares of Microsoft Corporation by 17.4% in the second quarter. Northeast Financial Consultants Inc now owns 10,100 shares of the software giant’s stock worth $696,000 after buying an additional 1,500 shares in the last quarter. Tompkins Financial Corp lifted its position 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 buying an additional 18,225 shares in the last quarter. State of Wisconsin Investment Board lifted its position 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 buying an additional 530,893 shares in the last quarter. HPM Partners LLC lifted its position 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 buying an additional 120,135 shares in the last quarter. Finally, Taylor Cottrill Erickson & Associates Inc. lifted its position in shares of Microsoft Corporation by 1.4% in the second quarter. Taylor Cottrill Erickson & Associates Inc. now owns 65,566 shares of the software giant’s stock worth $4,519,000 after buying an additional 900 shares in the last quarter. 73.35% of the stock is owned by hedge funds and other institutional investors.

Microsoft Corporation (MSFT) opened at 83.89 on Tuesday. The stock has a market cap of $646.14 billion, a price-to-earnings ratio of 30.96 and a beta of 1.01. The company has a 50-day moving average price of $76.36 and a 200-day moving average price of $72.24. Microsoft Corporation has a 52 week low of $57.28 and a 52 week high of $86.20.

Microsoft Corporation (NASDAQ:MSFT) last released its quarterly earnings data on Thursday, October 26th. The software giant reported $0.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.72 by $0.12. Microsoft Corporation had a net margin of 24.56% and a return on equity of 35.23%. The company had revenue of $24.50 billion during the quarter, compared to the consensus estimate of $23.57 billion. During the same quarter in the prior year, the firm posted $0.76 earnings per share. Microsoft Corporation’s revenue for the quarter was up 11.7% on a year-over-year basis. Equities research analysts anticipate that Microsoft Corporation will post $3.35 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 14th. Shareholders of record on Thursday, November 16th will be paid a $0.42 dividend. This represents a $1.68 annualized dividend and a yield of 2.00%. The ex-dividend date of this dividend is Wednesday, November 15th. This is an increase from Microsoft Corporation’s previous quarterly dividend of $0.39. Microsoft Corporation’s dividend payout ratio is currently 53.06%.

A number of research firms recently commented on MSFT. Stifel Nicolaus boosted their target price on Microsoft Corporation from $85.00 to $90.00 and gave the stock a “buy” rating in a research report on Monday. Vetr downgraded Microsoft Corporation from a “hold” rating to a “sell” rating and set a $78.90 target price on the stock. in a research report on Monday. Credit Suisse Group set a $84.00 target price on Microsoft Corporation and gave the stock a “buy” rating in a research report on Friday, August 11th. Barclays PLC reiterated an “overweight” rating and issued a $82.00 target price (up from $77.00) on shares of Microsoft Corporation in a research report on Friday, July 21st. Finally, Raymond James Financial, Inc. boosted their target price on Microsoft Corporation to $84.00 and gave the stock a “buy” rating in a research report on Friday, July 21st. Three research analysts have rated the stock with a sell rating, ten have given a hold rating and twenty-eight have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $81.40.

In other Microsoft Corporation news, CFO Amy Hood sold 55,000 shares of the company’s stock in a transaction on Tuesday, August 29th. The shares were sold at an average price of $72.71, for a total value of $3,999,050.00. Following the completion of the transaction, the chief financial officer now owns 510,217 shares in the company, valued at $37,097,878.07. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider G Mason Morfit sold 7,000,000 shares of the company’s stock in a transaction on Tuesday, August 8th. The shares were sold at an average price of $72.56, for a total transaction of $507,920,000.00. The disclosure for this sale can be found here. Insiders sold 7,081,763 shares of company stock valued at $513,899,512 in the last 90 days. 1.49% of the stock is currently owned by insiders.

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About Microsoft Corporation

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.

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

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