Microsoft Corporation (MSFT) Shares Bought by Carderock Capital Management Inc.

Carderock Capital Management Inc. raised its holdings in Microsoft Corporation (NASDAQ:MSFT) by 0.7% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,981 shares of the software giant’s stock after acquiring an additional 26 shares during the quarter. Carderock Capital Management Inc.’s holdings in Microsoft were worth $274,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Dillon & Associates Inc. increased its holdings in shares of Microsoft by 2.0% in the 2nd quarter. Dillon & Associates Inc. now owns 8,495 shares of the software giant’s stock valued at $586,000 after purchasing an additional 166 shares during the period. Polaris Greystone Financial Group LLC acquired a new position in shares of Microsoft in the 2nd quarter valued at about $243,000. Fiduciary Trust Co. increased its holdings in shares of Microsoft by 0.5% in the 2nd quarter. Fiduciary Trust Co. now owns 978,904 shares of the software giant’s stock valued at $67,476,000 after purchasing an additional 4,508 shares during the period. Vivaldi Capital Management LLC acquired a new position in shares of Microsoft in the 2nd quarter valued at about $217,000. Finally, Ffcm LLC increased its holdings in shares of Microsoft by 6.4% in the 2nd quarter. Ffcm LLC now owns 236,551 shares of the software giant’s stock valued at $16,305,000 after purchasing an additional 14,212 shares during the period. 73.33% of the stock is owned by institutional investors.

In other news, insider Frank H. Brod sold 15,000 shares of the firm’s stock in a transaction on Thursday, November 2nd. The stock was sold at an average price of $84.08, for a total value of $1,261,200.00. Following the completion of the sale, the insider now directly owns 116,205 shares in the company, valued at $9,770,516.40. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Christopher C. Capossela sold 4,000 shares of the firm’s stock in a transaction on Friday, November 10th. The shares were sold at an average price of $83.46, for a total value of $333,840.00. Following the completion of the sale, the executive vice president now owns 189,278 shares of the company’s stock, valued at $15,797,141.88. The disclosure for this sale can be found here. Insiders have sold 45,000 shares of company stock valued at $3,759,420 over the last quarter. Corporate insiders own 1.49% of the company’s stock.

A number of brokerages have recently weighed in on MSFT. Sanford C. Bernstein set a $87.00 target price on Microsoft and gave the company a “buy” rating in a report on Friday, August 11th. BidaskClub upgraded Microsoft from a “hold” rating to a “buy” rating in a report on Wednesday, August 16th. Credit Suisse Group set a $84.00 target price on Microsoft and gave the company a “buy” rating in a report on Friday, August 11th. Oppenheimer set a $80.00 price target on Microsoft and gave the company a “buy” rating in a research note on Monday, September 25th. Finally, Evercore ISI reissued a “buy” rating and issued a $80.00 price target on shares of Microsoft in a research note on Friday, August 18th. Two analysts have rated the stock with a sell rating, ten have issued a hold rating, twenty-nine have given a buy rating and one has assigned a strong buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $84.59.

Microsoft Corporation (MSFT) opened at $82.78 on Thursday. The company has a debt-to-equity ratio of 0.91, a quick ratio of 3.06 and a current ratio of 3.12. Microsoft Corporation has a 12 month low of $59.80 and a 12 month high of $86.20. The stock has a market capitalization of $629,433.38, a price-to-earnings ratio of 24.14, a price-to-earnings-growth ratio of 1.90 and a beta of 0.99.

Microsoft (NASDAQ:MSFT) last released its quarterly earnings data on Thursday, October 26th. The software giant reported $0.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.72 by $0.12. Microsoft had a return on equity of 35.23% and a net margin of 24.56%. The firm had revenue of $24.50 billion during the quarter, compared to analyst estimates of $23.57 billion. During the same period in the prior year, the company posted $0.76 earnings per share. The business’s revenue for the quarter was up 11.7% compared to the same quarter last year. equities analysts anticipate that Microsoft Corporation will post 3.38 EPS for the current fiscal 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 dividend of $0.42 per share. The ex-dividend date is Wednesday, February 14th. This represents a $1.68 annualized dividend and a yield of 2.03%. Microsoft’s dividend payout ratio is currently 57.14%.

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Microsoft 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 (NASDAQ:MSFT)

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