Microsoft Co. (NASDAQ:MSFT) Shares Sold by Bradley Mark J.

Bradley Mark J. cut its stake in Microsoft Co. (NASDAQ:MSFT) by 2.6% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 17,784 shares of the software giant’s stock after selling 475 shares during the quarter. Microsoft comprises approximately 3.4% of Bradley Mark J.’s investment portfolio, making the stock its 7th biggest position. Bradley Mark J.’s holdings in Microsoft were worth $5,013,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Trustcore Financial Services LLC grew its holdings in shares of Microsoft by 2.0% during the 3rd quarter. Trustcore Financial Services LLC now owns 51,853 shares of the software giant’s stock worth $14,618,000 after purchasing an additional 1,007 shares during the period. Charter Oak Capital Management LLC grew its holdings in shares of Microsoft by 1.2% during the 3rd quarter. Charter Oak Capital Management LLC now owns 7,472 shares of the software giant’s stock worth $2,106,000 after purchasing an additional 87 shares during the period. AFT Forsyth & Company Inc. grew its holdings in shares of Microsoft by 2.2% during the 3rd quarter. AFT Forsyth & Company Inc. now owns 24,591 shares of the software giant’s stock worth $6,933,000 after purchasing an additional 530 shares during the period. Brasada Capital Management LP grew its holdings in shares of Microsoft by 1.7% during the 3rd quarter. Brasada Capital Management LP now owns 67,914 shares of the software giant’s stock worth $19,146,000 after purchasing an additional 1,110 shares during the period. Finally, Russell Investments Group Ltd. grew its holdings in shares of Microsoft by 4.1% during the 3rd quarter. Russell Investments Group Ltd. now owns 6,655,733 shares of the software giant’s stock worth $1,878,675,000 after purchasing an additional 260,638 shares during the period. 69.01% of the stock is owned by institutional investors and hedge funds.

NASDAQ:MSFT opened at $310.20 on Friday. The stock’s 50 day moving average price is $330.98 and its 200 day moving average price is $307.88. The company has a market capitalization of $2.33 trillion, a PE ratio of 34.70, a P/E/G ratio of 2.89 and a beta of 0.86. The company has a quick ratio of 2.12, a current ratio of 2.16 and a debt-to-equity ratio of 0.33. Microsoft Co. has a 52-week low of $212.03 and a 52-week high of $349.67.

Microsoft (NASDAQ:MSFT) last announced its earnings results on Monday, October 25th. The software giant reported $2.27 earnings per share for the quarter, beating the consensus estimate of $2.08 by $0.19. Microsoft had a return on equity of 45.80% and a net margin of 38.51%. The company had revenue of $45.32 billion for the quarter, compared to the consensus estimate of $44 billion. During the same period last year, the business posted $1.82 EPS. The company’s revenue was up 22.0% on a year-over-year basis. As a group, sell-side analysts anticipate that Microsoft Co. will post 9.13 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 10th. Shareholders of record on Thursday, February 17th will be paid a $0.62 dividend. The ex-dividend date of this dividend is Wednesday, February 16th. This represents a $2.48 annualized dividend and a dividend yield of 0.80%. Microsoft’s dividend payout ratio (DPR) is currently 27.74%.

In other Microsoft news, insider Bradford L. Smith sold 55,000 shares of Microsoft stock in a transaction that occurred on Monday, November 1st. The stock was sold at an average price of $328.60, for a total value of $18,073,000.00. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Teri List sold 1,650 shares of Microsoft stock in a transaction that occurred on Tuesday, December 7th. The shares were sold at an average price of $334.90, for a total value of $552,585.00. The disclosure for this sale can be found here. Insiders sold a total of 530,699 shares of company stock worth $181,312,457 over the last quarter. Company insiders own 0.05% of the company’s stock.

A number of equities analysts have recently weighed in on MSFT shares. Sumitomo Mitsui Financial Group started coverage on Microsoft in a report on Wednesday, December 22nd. They set an “outperform” rating and a $410.00 price target for the company. Deutsche Bank Aktiengesellschaft initiated coverage on Microsoft in a report on Monday, November 1st. They set a “buy” rating and a $390.00 target price for the company. Rosenblatt Securities restated a “buy” rating and set a $349.00 target price on shares of Microsoft in a report on Friday, September 17th. Fundamental Research raised their target price on Microsoft from $281.78 to $299.93 and gave the company a “hold” rating in a report on Monday, November 22nd. Finally, Mizuho raised their target price on Microsoft from $350.00 to $360.00 and gave the company a “buy” rating in a report on Wednesday, October 27th. One equities research analyst has rated the stock with a hold rating, thirty-three have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, Microsoft has a consensus rating of “Buy” and a consensus price target of $351.34.

Microsoft Profile

Microsoft Corp. engages in the development and support of software, services, devices, and solutions. It operates through the following business segments: Productivity and Business Processes; Intelligent Cloud; and More Personal Computing. The Productivity and Business Processes segment comprises products and services in the portfolio of productivity, communication, and information services of the company spanning a variety of devices and platform.

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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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