Microsoft Corporation (MSFT) Stake Raised by WFG Advisors LP

WFG Advisors LP grew its position in shares of Microsoft Corporation (NASDAQ:MSFT) by 12.1% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 83,817 shares of the software giant’s stock after buying an additional 9,043 shares during the quarter. Microsoft accounts for 1.3% of WFG Advisors LP’s portfolio, making the stock its 6th largest position. WFG Advisors LP’s holdings in Microsoft were worth $5,778,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the company. Vanguard Group Inc. boosted its holdings in Microsoft by 4.6% in the second quarter. Vanguard Group Inc. now owns 564,052,011 shares of the software giant’s stock worth $38,880,105,000 after purchasing an additional 25,053,413 shares during the last quarter. State Street Corp boosted its holdings in Microsoft by 0.8% in the first quarter. State Street Corp now owns 318,681,830 shares of the software giant’s stock worth $20,988,383,000 after purchasing an additional 2,552,473 shares during the last quarter. Capital Research Global Investors boosted its holdings in Microsoft by 212.3% in the second quarter. Capital Research Global Investors now owns 69,663,044 shares of the software giant’s stock worth $4,801,874,000 after purchasing an additional 47,353,245 shares during the last quarter. Janus Henderson Group PLC boosted its holdings in Microsoft by 609.4% in the second quarter. Janus Henderson Group PLC now owns 49,174,883 shares of the software giant’s stock worth $3,389,625,000 after purchasing an additional 42,243,011 shares during the last quarter. Finally, Legal & General Group Plc boosted its holdings in Microsoft by 1.1% in the second quarter. Legal & General Group Plc now owns 37,689,022 shares of the software giant’s stock worth $2,597,786,000 after purchasing an additional 425,485 shares during the last quarter. Hedge funds and other institutional investors own 73.33% of the company’s stock.

Shares of Microsoft Corporation (NASDAQ:MSFT) opened at $84.69 on Friday. Microsoft Corporation has a twelve month low of $61.95 and a twelve month high of $86.20. The firm has a market cap of $660,214.63, a PE ratio of 25.32, a P/E/G ratio of 1.99 and a beta of 0.99. The company has a current ratio of 3.12, a quick ratio of 3.06 and a debt-to-equity ratio of 0.91.

Microsoft (NASDAQ:MSFT) last announced its quarterly earnings data on Thursday, October 26th. The software giant reported $0.84 earnings per share for the quarter, beating analysts’ consensus estimates of $0.72 by $0.12. Microsoft 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 analyst estimates of $23.57 billion. During the same quarter last year, the business posted $0.76 EPS. The firm’s revenue for the quarter was up 11.7% on a year-over-year basis. equities analysts forecast that Microsoft Corporation will post 3.38 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 8th. Stockholders of record on Thursday, February 15th will be issued a $0.42 dividend. The ex-dividend date is Wednesday, February 14th. This represents a $1.68 annualized dividend and a dividend yield of 1.98%. Microsoft’s dividend payout ratio is currently 57.14%.

Several brokerages recently issued reports on MSFT. Argus upgraded shares of Microsoft from a “hold” rating to a “buy” rating and raised their target price for the stock from $57.28 to $95.00 in a report on Tuesday, October 31st. Goldman Sachs Group set a $92.00 price target on shares of Microsoft and gave the stock a “buy” rating in a research report on Friday, October 27th. Credit Suisse Group reiterated an “outperform” rating on shares of Microsoft in a research report on Thursday, August 31st. Vetr downgraded shares of Microsoft from a “hold” rating to a “sell” rating and set a $78.90 price target on the stock. in a research report on Monday, October 30th. Finally, Barclays reiterated an “overweight” rating and issued a $89.00 price target (up from $82.00) on shares of Microsoft in a research report on Friday, October 27th. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating and thirty have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $85.28.

In other news, insider Frank H. Brod sold 18,000 shares of the business’s stock in a transaction dated Monday, December 4th. The shares were sold at an average price of $83.15, for a total value of $1,496,700.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Frank H. Brod sold 15,000 shares of the business’s stock in a transaction dated Thursday, November 2nd. The shares were 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 owns 116,205 shares of the company’s stock, valued at approximately $9,770,516.40. The disclosure for this sale can be found here. In the last 90 days, insiders sold 45,000 shares of company stock valued at $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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