Microsoft Corporation (MSFT) Shares Bought by Willingdon Wealth Management

Willingdon Wealth Management boosted its position in Microsoft Corporation (NASDAQ:MSFT) by 1.3% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 55,951 shares of the software giant’s stock after buying an additional 692 shares during the quarter. Microsoft makes up about 1.5% of Willingdon Wealth Management’s holdings, making the stock its 11th biggest position. Willingdon Wealth Management’s holdings in Microsoft were worth $3,857,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the stock. Appropriate Balance Financial Services Inc. boosted its holdings in Microsoft by 4.7% in the 2nd quarter. Appropriate Balance Financial Services Inc. now owns 643 shares of the software giant’s stock valued at $9,331,000 after purchasing an additional 29 shares during the period. Hefty Wealth Partners boosted its holdings in Microsoft by 65.6% in the 2nd quarter. Hefty Wealth Partners now owns 1,648 shares of the software giant’s stock valued at $113,000 after purchasing an additional 653 shares during the period. Ullmann Financial Group Inc. bought a new stake in Microsoft in the 1st quarter valued at $132,000. Stelac Advisory Services LLC boosted its holdings in Microsoft by 23.5% in the 2nd quarter. Stelac Advisory Services LLC now owns 2,033 shares of the software giant’s stock valued at $140,000 after purchasing an additional 387 shares during the period. Finally, Opera Trading Capital boosted its holdings in Microsoft by 1,522.0% in the 2nd quarter. Opera Trading Capital now owns 2,433 shares of the software giant’s stock valued at $168,000 after purchasing an additional 2,283 shares during the period. Institutional investors and hedge funds own 73.33% of the company’s stock.

In related news, EVP Christopher C. Capossela sold 4,000 shares of Microsoft stock in a transaction dated Friday, November 10th. The shares were sold at an average price of $83.46, for a total transaction of $333,840.00. Following the completion of the transaction, the executive vice president now directly owns 189,278 shares of the company’s stock, valued at approximately $15,797,141.88. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Frank H. Brod sold 15,000 shares of Microsoft 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 transaction, the insider now directly owns 116,205 shares of the company’s stock, valued at $9,770,516.40. The disclosure for this sale can be found here. Insiders have sold a total of 27,000 shares of company stock valued at $2,262,720 over the last three months. 1.49% of the stock is currently owned by insiders.

MSFT has been the subject of a number of research reports. ValuEngine raised shares of Microsoft from a “hold” rating to a “buy” rating in a report on Wednesday, September 6th. Morningstar reissued a “neutral” rating on shares of Microsoft in a report on Monday, October 16th. Credit Suisse Group reissued an “outperform” rating on shares of Microsoft in a report on Thursday, August 31st. Royal Bank Of Canada reissued an “outperform” rating and issued a $88.00 price target (up from $85.00) on shares of Microsoft in a report on Friday, October 27th. Finally, KeyCorp reissued a “buy” rating and issued a $82.00 price target on shares of Microsoft in a report on Sunday, September 10th. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating, twenty-nine have given a buy rating and one has given a strong buy rating to the company. Microsoft presently has an average rating of “Buy” and a consensus target price of $84.59.

Microsoft Corporation (NASDAQ:MSFT) opened at $81.08 on Tuesday. Microsoft Corporation has a 1-year low of $59.56 and a 1-year high of $86.20. The stock has a market cap of $650,031.38, a PE ratio of 24.93, a P/E/G ratio of 1.96 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 results on Thursday, October 26th. The software giant reported $0.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.72 by $0.12. Microsoft had a net margin of 24.56% and a return on equity of 35.23%. The firm had revenue of $24.50 billion during the quarter, compared to the consensus estimate of $23.57 billion. During the same period last year, the firm posted $0.76 EPS. The firm’s quarterly revenue was up 11.7% on a year-over-year basis. equities analysts predict that Microsoft Corporation will post 3.38 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 8th. Investors of record on Thursday, February 15th will be issued a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a yield of 2.07%. The ex-dividend date of this dividend is Wednesday, February 14th. Microsoft’s dividend payout ratio is currently 57.14%.

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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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