Cutler Investment Counsel LLC Has $11.08 Million Stake in Microsoft Corporation (MSFT)

Cutler Investment Counsel LLC lifted its stake in Microsoft Corporation (NASDAQ:MSFT) by 1.2% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 160,696 shares of the software giant’s stock after acquiring an additional 1,873 shares during the period. Microsoft accounts for approximately 2.8% of Cutler Investment Counsel LLC’s holdings, making the stock its 8th biggest position. Cutler Investment Counsel LLC’s holdings in Microsoft were worth $11,077,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of MSFT. Acrospire Investment Management LLC raised its holdings in shares of Microsoft by 300.0% in the 2nd quarter. Acrospire Investment Management LLC now owns 1,600 shares of the software giant’s stock worth $110,000 after purchasing an additional 1,200 shares in the last quarter. Hefty Wealth Partners raised its holdings in shares of Microsoft by 65.6% in the 2nd quarter. Hefty Wealth Partners now owns 1,648 shares of the software giant’s stock worth $113,000 after purchasing an additional 653 shares in the last quarter. Ullmann Financial Group Inc. bought a new stake in shares of Microsoft in the 1st quarter worth approximately $132,000. Stelac Advisory Services LLC raised its holdings in shares of Microsoft by 23.5% in the 2nd quarter. Stelac Advisory Services LLC now owns 2,033 shares of the software giant’s stock worth $140,000 after purchasing an additional 387 shares in the last quarter. Finally, Opera Trading Capital raised its holdings in shares of Microsoft by 1,522.0% in the 2nd quarter. Opera Trading Capital now owns 2,433 shares of the software giant’s stock worth $168,000 after purchasing an additional 2,283 shares in the last quarter. 73.33% of the stock is owned by institutional investors.

Microsoft Corporation (NASDAQ MSFT) opened at $84.16 on Monday. The firm has a market cap of $649,259.94, a P/E ratio of 24.90, a price-to-earnings-growth ratio of 1.96 and a beta of 0.99. The company has a debt-to-equity ratio of 0.91, a current ratio of 3.12 and a quick ratio of 3.06. Microsoft Corporation has a 12 month low of $61.13 and a 12 month high of $86.20.

Microsoft (NASDAQ:MSFT) last released its quarterly earnings data on Thursday, October 26th. The software giant reported $0.84 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.72 by $0.12. The firm had revenue of $24.50 billion for the quarter, compared to analyst estimates of $23.57 billion. Microsoft had a net margin of 24.56% and a return on equity of 35.23%. The company’s revenue for the quarter was up 11.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.76 EPS. equities research analysts expect that Microsoft Corporation will post 3.38 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 8th. Shareholders of record on Thursday, February 15th will be paid a $0.42 dividend. The ex-dividend date is Wednesday, February 14th. This represents a $1.68 annualized dividend and a yield of 2.00%. Microsoft’s dividend payout ratio is presently 57.14%.

A number of analysts recently commented on MSFT shares. Evercore ISI reiterated a “buy” rating and issued a $80.00 target price on shares of Microsoft in a report on Friday, August 18th. BidaskClub upgraded shares of Microsoft from a “hold” rating to a “buy” rating in a report on Wednesday, August 16th. Piper Jaffray Companies reiterated a “buy” rating and issued a $90.00 target price on shares of Microsoft in a report on Sunday, August 27th. BMO Capital Markets reiterated a “buy” rating and issued a $86.00 target price on shares of Microsoft in a report on Friday, August 25th. Finally, KeyCorp reiterated a “buy” rating and issued a $82.00 target price on shares of Microsoft in a report on Sunday, September 10th. Two research analysts have rated the stock with a sell rating, ten have assigned a hold rating and thirty have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $85.28.

In other Microsoft news, EVP Christopher C. Capossela sold 4,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 14th. The shares were sold at an average price of $83.48, for a total value of $333,920.00. Following the transaction, the executive vice president now owns 185,278 shares in the company, valued at approximately $15,467,007.44. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Frank H. Brod sold 15,000 shares of the business’s stock in a transaction that occurred on Thursday, November 2nd. The stock was sold at an average price of $84.08, for a total transaction of $1,261,200.00. Following the completion of the sale, the insider now directly owns 116,205 shares of the company’s stock, valued at $9,770,516.40. The disclosure for this sale can be found here. In the last quarter, insiders sold 45,000 shares of company stock worth $3,759,420. Company insiders own 1.49% of the company’s stock.

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About Microsoft

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 (NASDAQ:MSFT)

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