Kays Financial Advisory Corp ADV lifted its stake in Microsoft Co. (NASDAQ:MSFT) by 3.1% in the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 3,200 shares of the software giant’s stock after purchasing an additional 97 shares during the quarter. Kays Financial Advisory Corp ADV’s holdings in Microsoft were worth $428,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in the company. Clearbridge Investments LLC boosted its holdings in shares of Microsoft by 0.8% in the 1st quarter. Clearbridge Investments LLC now owns 24,262,155 shares of the software giant’s stock worth $2,861,479,000 after purchasing an additional 201,876 shares during the period. Fisher Asset Management LLC boosted its holdings in shares of Microsoft by 3.6% in the 4th quarter. Fisher Asset Management LLC now owns 19,441,789 shares of the software giant’s stock worth $1,974,703,000 after purchasing an additional 672,487 shares during the period. Lunia Capital LP boosted its holdings in shares of Microsoft by 9,650.2% in the 4th quarter. Lunia Capital LP now owns 17,036,540 shares of the software giant’s stock worth $17,037,000 after purchasing an additional 16,861,809 shares during the period. PNC Financial Services Group Inc. boosted its holdings in shares of Microsoft by 1.1% in the 4th quarter. PNC Financial Services Group Inc. now owns 13,537,606 shares of the software giant’s stock worth $1,375,016,000 after purchasing an additional 150,105 shares during the period. Finally, Sanders Capital LLC boosted its holdings in shares of Microsoft by 2.7% in the 2nd quarter. Sanders Capital LLC now owns 12,283,882 shares of the software giant’s stock worth $1,848,875,000 after purchasing an additional 326,400 shares during the period. Hedge funds and other institutional investors own 72.38% of the company’s stock.

In related news, insider Frank H. Brod sold 4,000 shares of the company’s stock in a transaction dated Monday, July 29th. The stock was sold at an average price of $141.05, for a total transaction of $564,200.00. Following the transaction, the insider now directly owns 64,152 shares of the company’s stock, valued at approximately $9,048,639.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Kathleen T. Hogan sold 15,947 shares of the company’s stock in a transaction dated Monday, June 10th. The shares were sold at an average price of $133.17, for a total value of $2,123,661.99. Following the transaction, the executive vice president now directly owns 202,518 shares in the company, valued at $26,969,322.06. The disclosure for this sale can be found here. Insiders have sold a total of 26,819 shares of company stock worth $3,636,400 over the last ninety days. 1.38% of the stock is currently owned by corporate insiders.

MSFT has been the subject of a number of research analyst reports. Bank of America lifted their target price on Microsoft from $150.00 to $155.00 and gave the company a “buy” rating in a research report on Thursday, April 25th. Morgan Stanley lifted their target price on Microsoft from $145.00 to $155.00 and gave the company an “overweight” rating in a research report on Friday, July 19th. KeyCorp lifted their target price on Microsoft from $143.00 to $155.00 and gave the company an “overweight” rating in a research report on Friday, July 19th. Deutsche Bank set a $155.00 target price on Microsoft and gave the company a “buy” rating in a research report on Wednesday, July 17th. Finally, Jefferies Financial Group set a $93.00 target price on Microsoft and gave the company a “sell” rating in a research report on Friday, July 19th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating, twenty-eight have given a buy rating and two have given a strong buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of $149.21.

MSFT opened at $138.60 on Wednesday. The company has a market cap of $1,051.47 billion, a price-to-earnings ratio of 29.18, a price-to-earnings-growth ratio of 2.39 and a beta of 1.23. The company has a current ratio of 2.53, a quick ratio of 2.50 and a debt-to-equity ratio of 0.71. Microsoft Co. has a 12 month low of $93.96 and a 12 month high of $141.68. The stock has a fifty day moving average of $137.27.

Microsoft (NASDAQ:MSFT) last released its quarterly earnings results on Thursday, July 18th. The software giant reported $1.37 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.21 by $0.16. Microsoft had a return on equity of 39.26% and a net margin of 31.18%. The firm had revenue of $33.72 billion during the quarter, compared to analyst estimates of $32.80 billion. During the same period in the previous year, the company posted $1.13 EPS. The business’s revenue for the quarter was up 12.1% compared to the same quarter last year. On average, research analysts forecast that Microsoft Co. will post 5.22 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 12th. Investors of record on Thursday, August 15th will be given a dividend of $0.46 per share. This represents a $1.84 annualized dividend and a yield of 1.33%. The ex-dividend date of this dividend is Wednesday, August 14th. Microsoft’s dividend payout ratio is currently 38.74%.

Microsoft Profile

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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