Microsoft Co. (MSFT) Shares Bought by Taylor Cottrill Erickson & Associates Inc.

Taylor Cottrill Erickson & Associates Inc. grew its position in shares of Microsoft Co. (NASDAQ:MSFT) by 1.3% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 66,408 shares of the software giant’s stock after purchasing an additional 842 shares during the quarter. Microsoft accounts for 1.1% of Taylor Cottrill Erickson & Associates Inc.’s portfolio, making the stock its 27th largest position. Taylor Cottrill Erickson & Associates Inc.’s holdings in Microsoft were worth $4,947,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. grew its holdings in shares of Microsoft by 4.6% in the 2nd quarter. Vanguard Group Inc. now owns 564,052,011 shares of the software giant’s stock worth $38,880,105,000 after acquiring an additional 25,053,413 shares during the last quarter. State Street Corp boosted its position in shares of Microsoft by 0.8% in the first quarter. State Street Corp now owns 318,681,830 shares of the software giant’s stock worth $20,988,383,000 after buying an additional 2,552,473 shares during the period. Capital Research Global Investors boosted its position in shares of Microsoft by 212.3% in the second quarter. Capital Research Global Investors now owns 69,663,044 shares of the software giant’s stock worth $4,801,874,000 after buying an additional 47,353,245 shares during the period. Janus Henderson Group PLC boosted its position in shares of Microsoft by 609.4% in the second quarter. Janus Henderson Group PLC now owns 49,174,883 shares of the software giant’s stock worth $3,389,625,000 after buying an additional 42,243,011 shares during the period. Finally, Legal & General Group Plc boosted its position in shares of Microsoft by 1.1% in the second quarter. Legal & General Group Plc now owns 37,689,022 shares of the software giant’s stock worth $2,597,786,000 after buying an additional 425,485 shares during the period. Institutional investors own 73.15% of the company’s stock.

In other news, insider Frank H. Brod sold 15,000 shares of the company’s stock in a transaction that occurred 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 sale, the insider now directly owns 116,205 shares in the company, valued at approximately $9,770,516.40. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Christopher C. Capossela sold 4,000 shares of the company’s stock in a transaction that occurred 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 in the company, valued at $15,797,141.88. The disclosure for this sale can be found here. Insiders have sold 45,000 shares of company stock worth $3,759,420 over the last 90 days. Corporate insiders own 1.49% of the company’s stock.

Several analysts have recently commented on MSFT shares. Piper Jaffray Companies reaffirmed a “buy” rating and issued a $90.00 target price on shares of Microsoft in a research report on Sunday, August 27th. Vetr cut Microsoft from a “buy” rating to a “hold” rating and set a $76.10 target price for the company. in a research report on Wednesday, August 30th. Credit Suisse Group reaffirmed an “outperform” rating on shares of Microsoft in a research report on Thursday, August 31st. ValuEngine raised Microsoft from a “hold” rating to a “buy” rating in a research report on Wednesday, September 6th. Finally, Moffett Nathanson started coverage on Microsoft in a research report on Wednesday, September 6th. They issued a “neutral” rating and a $81.00 target price for the company. Two research analysts have rated the stock with a sell rating, ten have assigned a hold rating and thirty have issued a buy rating to the company. Microsoft currently has an average rating of “Buy” and a consensus price target of $85.82.

Microsoft Co. (NASDAQ MSFT) opened at $85.51 on Monday. Microsoft Co. has a 12 month low of $61.95 and a 12 month high of $87.50. The company has a debt-to-equity ratio of 0.91, a quick ratio of 3.06 and a current ratio of 3.12. The stock has a market capitalization of $659,670.00, a PE ratio of 28.89, a P/E/G ratio of 1.99 and a beta of 0.99.

Microsoft (NASDAQ:MSFT) last issued 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 return on equity of 35.23% and a net margin of 24.56%. The firm had revenue of $24.50 billion for the quarter, compared to analyst estimates of $23.57 billion. During the same period in the previous year, the company posted $0.76 earnings per share. The company’s quarterly revenue was up 11.7% compared to the same quarter last year. equities analysts anticipate that Microsoft Co. will post 3.38 EPS 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 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 1.96%. Microsoft’s dividend payout ratio is 56.76%.

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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.

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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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