Microsoft Corporation (MSFT) Shares Bought by Seaward Management Limited Partnership

Seaward Management Limited Partnership raised its holdings in shares of Microsoft Corporation (NASDAQ:MSFT) by 0.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 241,225 shares of the software giant’s stock after purchasing an additional 2,178 shares during the quarter. Seaward Management Limited Partnership’s holdings in Microsoft Corporation were worth $16,627,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the company. Pioneer Investment Management Inc. raised its holdings in shares of Microsoft Corporation by 6.4% in the second quarter. Pioneer Investment Management Inc. now owns 16,447,634 shares of the software giant’s stock valued at $1,133,736,000 after acquiring an additional 996,006 shares in the last quarter. HL Financial Services LLC raised its holdings in shares of Microsoft Corporation by 1.3% in the second quarter. HL Financial Services LLC now owns 2,518,674 shares of the software giant’s stock valued at $173,612,000 after acquiring an additional 32,641 shares in the last quarter. Barrett Asset Management LLC raised its holdings in shares of Microsoft Corporation by 10.0% in the second quarter. Barrett Asset Management LLC now owns 481,222 shares of the software giant’s stock valued at $33,171,000 after acquiring an additional 43,605 shares in the last quarter. MV Capital Management Inc. raised its holdings in shares of Microsoft Corporation by 2.5% in the second quarter. MV Capital Management Inc. now owns 4,924 shares of the software giant’s stock valued at $339,000 after acquiring an additional 122 shares in the last quarter. Finally, Financial Advisory Service Inc. raised its holdings in shares of Microsoft Corporation by 6.2% in the second quarter. Financial Advisory Service Inc. now owns 17,978 shares of the software giant’s stock valued at $1,239,000 after acquiring an additional 1,054 shares in the last quarter. Institutional investors and hedge funds own 73.37% of the company’s stock.

In other news, 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 sale, the insider now owns 537,519 shares of the company’s stock, valued at approximately $39,776,406. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Christopher C. Capossela sold 4,000 shares of the firm’s stock in a transaction dated Tuesday, November 14th. The stock was sold at an average price of $83.48, for a total value of $333,920.00. Following the sale, the executive vice president now directly owns 185,278 shares in the company, valued at approximately $15,467,007.44. The disclosure for this sale can be found here. Insiders sold a total of 104,763 shares of company stock worth $7,908,472 in the last ninety days. 1.49% of the stock is owned by corporate insiders.

MSFT has been the subject of several recent research reports. ValuEngine upgraded Microsoft Corporation from a “hold” rating to a “buy” rating in a report on Wednesday, September 6th. Morningstar, Inc. reiterated a “neutral” rating on shares of Microsoft Corporation in a report on Monday, October 16th. Credit Suisse Group reiterated an “outperform” rating on shares of Microsoft Corporation in a report on Thursday, August 31st. Zacks Investment Research downgraded shares of Microsoft Corporation from a “strong-buy” rating to a “hold” rating in a report on Monday, July 24th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and issued a $88.00 target price (up from $85.00) on shares of Microsoft Corporation in a report on Friday, October 27th. Two research analysts have rated the stock with a sell rating, ten have given a hold rating and thirty have given a buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of $84.21.

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Shares of Microsoft Corporation (MSFT) opened at $82.40 on Friday. The company has a debt-to-equity ratio of 0.91, a current ratio of 3.12 and a quick ratio of 3.06. The stock has a market capitalization of $641,850.00, a PE ratio of 24.87, a price-to-earnings-growth ratio of 1.96 and a beta of 1.01. Microsoft Corporation has a 12-month low of $58.80 and a 12-month high of $86.20.

Microsoft Corporation (NASDAQ:MSFT) last posted its quarterly earnings results on Thursday, October 26th. The software giant reported $0.84 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.72 by $0.12. The company had revenue of $24.50 billion for the quarter, compared to analyst estimates of $23.57 billion. Microsoft Corporation had a return on equity of 35.23% and a net margin of 24.56%. Microsoft Corporation’s revenue for the quarter was up 11.7% compared to the same quarter last year. During the same quarter last year, the company earned $0.76 EPS. equities research analysts expect that Microsoft Corporation will post 3.37 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 14th. Shareholders of record on Thursday, November 16th will be given a $0.42 dividend. The ex-dividend date is Wednesday, November 15th. This represents a $1.68 dividend on an annualized basis and a yield of 2.04%. This is a positive change from Microsoft Corporation’s previous quarterly dividend of $0.39. Microsoft Corporation’s dividend payout ratio (DPR) is currently 56.76%.

Microsoft Corporation Company 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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