Microsoft Corporation $MSFT Shares Purchased by Jeter Robert S II

Jeter Robert S II raised its position in Microsoft Corporation (NASDAQ:MSFTFree Report) by 22.9% during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 6,009 shares of the software giant’s stock after purchasing an additional 1,120 shares during the period. Microsoft accounts for approximately 2.2% of Jeter Robert S II’s portfolio, making the stock its 10th biggest holding. Jeter Robert S II’s holdings in Microsoft were worth $2,314,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in MSFT. Markel Group Inc. grew its holdings in shares of Microsoft by 0.4% in the first quarter. Markel Group Inc. now owns 537,630 shares of the software giant’s stock valued at $199,014,000 after purchasing an additional 1,950 shares in the last quarter. Bessemer Group Inc. lifted its holdings in Microsoft by 8.4% during the 1st quarter. Bessemer Group Inc. now owns 6,921,677 shares of the software giant’s stock worth $2,562,197,000 after buying an additional 537,634 shares in the last quarter. Taylor Securities Services Inc. purchased a new position in Microsoft in the 4th quarter valued at approximately $2,616,000. Werba Rubin Papier Wealth Management boosted its position in Microsoft by 15.7% in the 4th quarter. Werba Rubin Papier Wealth Management now owns 12,492 shares of the software giant’s stock valued at $6,041,000 after buying an additional 1,698 shares during the period. Finally, Harel Insurance Investments & Financial Services Ltd. grew its stake in shares of Microsoft by 138.8% in the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,356,359 shares of the software giant’s stock worth $502,077,000 after acquiring an additional 788,297 shares in the last quarter. Institutional investors and hedge funds own 71.13% of the company’s stock.

Microsoft Stock Down 1.2%

Shares of NASDAQ:MSFT opened at $507.29 on Tuesday. The company has a current ratio of 1.23, a quick ratio of 1.22 and a debt-to-equity ratio of 0.07. Microsoft Corporation has a twelve month low of $349.20 and a twelve month high of $553.72. The company has a market capitalization of $3.77 trillion, a PE ratio of 28.25, a P/E/G ratio of 1.65 and a beta of 1.10. The firm has a 50 day simple moving average of $433.67 and a 200-day simple moving average of $413.10.

Microsoft (NASDAQ:MSFTGet Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The software giant reported $4.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.24 by $0.50. The company had revenue of $90.01 billion for the quarter, compared to analyst estimates of $87.62 billion. Microsoft had a return on equity of 31.98% and a net margin of 40.31%.The business’s quarterly revenue was up 17.7% compared to the same quarter last year. During the same quarter last year, the company posted $3.65 earnings per share. On average, equities analysts predict that Microsoft Corporation will post 19.59 EPS for the current fiscal year.

Microsoft Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Thursday, August 20th will be paid a dividend of $0.91 per share. The ex-dividend date is Thursday, August 20th. This represents a $3.64 dividend on an annualized basis and a yield of 0.7%. Microsoft’s dividend payout ratio is currently 20.27%.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on MSFT. Dbs Bank reduced their price objective on Microsoft from $678.00 to $573.00 in a research note on Thursday, May 7th. Citigroup restated a “market outperform” rating on shares of Microsoft in a report on Monday. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Microsoft in a research report on Monday, July 20th. UBS Group set a $525.00 price objective on Microsoft in a research note on Thursday, July 30th. Finally, Stifel Nicolaus boosted their price objective on Microsoft from $400.00 to $450.00 and gave the stock a “hold” rating in a research report on Thursday, July 30th. Forty-two research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $560.27.

Read Our Latest Stock Report on MSFT

Insider Activity

In related news, CEO Judson Althoff sold 10,000 shares of the firm’s stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $487.89, for a total transaction of $4,878,900.00. Following the transaction, the chief executive officer owned 100,447 shares of the company’s stock, valued at $49,007,086.83. This trade represents a 9.05% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Takeshi Numoto sold 4,810 shares of Microsoft stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $496.48, for a total value of $2,388,068.80. Following the completion of the transaction, the executive vice president owned 42,677 shares in the company, valued at $21,188,276.96. This trade represents a 10.13% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 21,810 shares of company stock valued at $10,110,874 in the last quarter. Insiders own 0.03% of the company’s stock.

Key Headlines Impacting Microsoft

Here are the key news stories impacting Microsoft this week:

Microsoft Company Profile

(Free Report)

Microsoft Corporation is a global technology company headquartered in Redmond, Washington. Founded in 1975 by Bill Gates and Paul Allen, Microsoft develops, licenses and supports a broad range of software products, services and devices for consumers, enterprises and governments worldwide. Its operations span personal computing, productivity software, cloud infrastructure, enterprise applications, developer tools and gaming.

Microsoft’s product portfolio includes the Windows operating system and the Microsoft 365 suite of productivity and collaboration tools (Office apps, Outlook, Teams).

Featured Articles

Want to see what other hedge funds are holding MSFT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Microsoft Corporation (NASDAQ:MSFTFree Report).

Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

Receive News & Ratings for Microsoft Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Microsoft and related companies with MarketBeat.com's FREE daily email newsletter.