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BKS Advisors LLC reduced its holdings in shares of Microsoft Co. (NASDAQ:MSFT) by 5.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,246 shares of the software giant’s stock after selling 570 shares during the period. BKS Advisors LLC’s holdings in Microsoft were worth $1,171,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also made changes to their positions in the stock. Nwam LLC boosted its holdings in shares of Microsoft by 48.5% in the second quarter. Nwam LLC now owns 274,986 shares of the software giant’s stock valued at $27,116,000 after buying an additional 89,853 shares during the period. Reilly Financial Advisors LLC boosted its holdings in shares of Microsoft by 3.2% in the second quarter. Reilly Financial Advisors LLC now owns 17,952 shares of the software giant’s stock valued at $1,770,000 after buying an additional 565 shares during the period. Amalgamated Bank boosted its holdings in shares of Microsoft by 6.5% in the second quarter. Amalgamated Bank now owns 1,174,614 shares of the software giant’s stock valued at $115,829,000 after buying an additional 71,636 shares during the period. Hamilton Point Investment Advisors LLC boosted its holdings in shares of Microsoft by 1.0% in the second quarter. Hamilton Point Investment Advisors LLC now owns 53,488 shares of the software giant’s stock valued at $5,274,000 after buying an additional 532 shares during the period. Finally, Nisa Investment Advisors LLC boosted its holdings in shares of Microsoft by 2.1% in the second quarter. Nisa Investment Advisors LLC now owns 2,727,923 shares of the software giant’s stock valued at $268,992,000 after buying an additional 55,616 shares during the period. 73.81% of the stock is currently owned by institutional investors.

MSFT has been the subject of several research analyst reports. Sanford C. Bernstein reiterated a “buy” rating and issued a $137.00 price target on shares of Microsoft in a report on Thursday, October 25th. Barclays reissued a “buy” rating and issued a $121.00 price objective on shares of Microsoft in a research report on Thursday, October 25th. Macquarie reaffirmed a “buy” rating and set a $125.00 price target on shares of Microsoft in a research report on Thursday, October 25th. Stifel Nicolaus restated a “buy” rating and issued a $120.00 price target on shares of Microsoft in a research note on Thursday, October 25th. Finally, Nomura set a $115.00 price target on shares of Microsoft and gave the stock a “buy” rating in a report on Thursday, October 25th. One analyst has rated the stock with a sell rating, two have assigned a hold rating, thirty have issued a buy rating and two have assigned a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $122.11.

In related news, CMO Christopher C. Capossela sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, December 3rd. The stock was sold at an average price of $111.77, for a total value of $1,117,700.00. Following the sale, the chief marketing officer now owns 177,931 shares of the company’s stock, valued at approximately $19,887,347.87. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Christopher C. Capossela sold 4,000 shares of the company’s stock in a transaction on Thursday, December 6th. The stock was sold at an average price of $108.00, for a total value of $432,000.00. Following the sale, the executive vice president now owns 173,931 shares of the company’s stock, valued at $18,784,548. The disclosure for this sale can be found here. Insiders sold a total of 285,466 shares of company stock worth $30,325,771 in the last 90 days. 1.38% of the stock is currently owned by insiders.

MSFT opened at $108.22 on Friday. The company has a debt-to-equity ratio of 0.82, a quick ratio of 3.08 and a current ratio of 3.12. Microsoft Co. has a one year low of $87.08 and a one year high of $116.18. The stock has a market cap of $833.27 billion, a PE ratio of 27.89, a PEG ratio of 1.96 and a beta of 1.17.

Microsoft (NASDAQ:MSFT) last posted its earnings results on Wednesday, January 30th. The software giant reported $1.10 EPS for the quarter, topping the Zacks’ consensus estimate of $1.09 by $0.01. The business had revenue of $32.47 billion for the quarter, compared to analysts’ expectations of $32.53 billion. Microsoft had a return on equity of 39.52% and a net margin of 28.31%. The business’s revenue was up 12.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.96 earnings per share. As a group, equities research analysts anticipate that Microsoft Co. will post 4.41 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 14th. Investors of record on Thursday, February 21st will be given a $0.46 dividend. This represents a $1.84 annualized dividend and a yield of 1.70%. The ex-dividend date of this dividend is Wednesday, February 20th. Microsoft’s dividend payout ratio (DPR) is presently 47.42%.

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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 for businesses, 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.

Further Reading: Outstanding Shares and The Effect on Share Price

Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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