Knott David M Has $4,528,000 Holdings in Microsoft Corporation (NASDAQ:MSFT)

Knott David M maintained its stake in shares of Microsoft Corporation (NASDAQ:MSFT) during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 68,750 shares of the software giant’s stock at the end of the 1st quarter. Microsoft Corporation makes up approximately 2.2% of Knott David M’s holdings, making the stock its 6th largest position. Knott David M’s holdings in Microsoft Corporation were worth $4,528,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of MSFT. FFT Wealth Management LLC grew its holdings in Microsoft Corporation by 10.0% in the 4th quarter. FFT Wealth Management LLC now owns 5,500 shares of the software giant’s stock valued at $342,000 after buying an additional 500 shares in the last quarter. Clough Capital Partners L P grew its holdings in Microsoft Corporation by 75.2% in the 4th quarter. Clough Capital Partners L P now owns 689,600 shares of the software giant’s stock valued at $42,852,000 after buying an additional 296,000 shares in the last quarter. ARS Investment Partners LLC purchased a new stake in Microsoft Corporation in the 4th quarter valued at $25,483,000. Capital Guardian Trust Co. grew its holdings in shares of Microsoft Corporation by 8.3% during the 4th quarter. Capital Guardian Trust Co. now owns 3,189,163 shares of the software giant’s stock worth $198,175,000 after purchasing an additional 244,315 shares during the period. Finally, Empire Life Investments Inc. purchased a new position in shares of Microsoft Corporation during the 4th quarter worth $26,822,000. Institutional investors own 73.40% of the company’s stock.

MSFT has been the subject of a number of research analyst reports. ValuEngine upgraded Microsoft Corporation from a “hold” rating to a “buy” rating in a report on Wednesday, September 6th. Credit Suisse Group reiterated an “outperform” rating on shares of Microsoft Corporation in a report on Thursday, August 31st. Royal Bank Of Canada set a $77.00 price target on Microsoft Corporation and gave the stock a “buy” rating in a report on Monday, July 10th. Zacks Investment Research cut Microsoft Corporation from a “strong-buy” rating to a “hold” rating in a report on Monday, July 24th. Finally, KeyCorp reissued a “buy” rating and set a $82.00 target price on shares of Microsoft Corporation in a research note on Sunday, September 10th. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and thirty have given a buy rating to the stock. Microsoft Corporation currently has an average rating of “Buy” and a consensus target price of $76.72.

Shares of Microsoft Corporation (NASDAQ MSFT) opened at 74.41 on Friday. The stock has a market cap of $573.12 billion, a P/E ratio of 27.46 and a beta of 1.00. The firm’s 50-day moving average price is $73.41 and its 200-day moving average price is $69.80. Microsoft Corporation has a 52-week low of $56.32 and a 52-week high of $75.97. Microsoft Corporation also was the target of some unusual options trading activity on Wednesday. Stock traders acquired 29,563 put options on the stock. This represents an increase of approximately 118% compared to the typical volume of 13,565 put options.

Microsoft Corporation (NASDAQ:MSFT) last released its earnings results on Thursday, July 20th. The software giant reported $0.98 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.71 by $0.27. Microsoft Corporation had a net margin of 23.57% and a return on equity of 36.81%. The business had revenue of $24.70 billion during the quarter, compared to analysts’ expectations of $24.29 billion. During the same quarter last year, the company earned $0.69 earnings per share. The firm’s revenue was up 9.1% on a year-over-year basis. On average, equities research analysts forecast that Microsoft Corporation will post $3.18 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 14th. Investors of record on Thursday, November 16th will be paid a $0.42 dividend. This represents a $1.68 annualized dividend and a dividend yield of 2.26%. The ex-dividend date of this dividend is Wednesday, November 15th. This is a boost from Microsoft Corporation’s previous quarterly dividend of $0.39. Microsoft Corporation’s dividend payout ratio (DPR) is presently 57.78%.

In other Microsoft Corporation news, CFO Amy Hood sold 55,000 shares of the firm’s stock in a transaction dated Tuesday, August 29th. The shares were 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 owns 510,217 shares in the company, valued at $37,097,878.07. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Jean Philippe Courtois sold 26,763 shares of the firm’s stock in a transaction dated Wednesday, August 30th. The stock was sold at an average price of $74.00, for a total transaction of $1,980,462.00. Following the transaction, the insider now owns 537,519 shares of the company’s stock, valued at approximately $39,776,406. The disclosure for this sale can be found here. In the last quarter, insiders sold 7,108,526 shares of company stock valued at $515,879,974. 2.99% of the stock is owned by corporate insiders.

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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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