Microsoft Co. (MSFT) Holdings Boosted by Oakbrook Investments LLC

Oakbrook Investments LLC raised its position in Microsoft Co. (NASDAQ:MSFT) by 12.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 377,232 shares of the software giant’s stock after buying an additional 40,900 shares during the quarter. Microsoft comprises about 1.8% of Oakbrook Investments LLC’s portfolio, making the stock its 15th largest position. Oakbrook Investments LLC’s holdings in Microsoft were worth $28,100,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Appropriate Balance Financial Services Inc. grew its holdings in shares of Microsoft by 4.7% during 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 last quarter. Acrospire Investment Management LLC grew its holdings in shares of Microsoft by 300.0% during the 2nd quarter. Acrospire Investment Management LLC now owns 1,600 shares of the software giant’s stock valued at $110,000 after purchasing an additional 1,200 shares during the last quarter. Hefty Wealth Partners grew its holdings in shares of Microsoft by 65.6% during 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 last quarter. Stelac Advisory Services LLC grew its holdings in shares of Microsoft by 23.5% during 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 last quarter. Finally, Opera Trading Capital grew its holdings in shares of Microsoft by 1,522.0% during 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 last quarter. 73.15% of the stock is currently owned by hedge funds and other institutional investors.

Microsoft Co. (NASDAQ:MSFT) opened at $85.51 on Tuesday. The company has a quick ratio of 3.06, a current ratio of 3.12 and a debt-to-equity ratio of 0.91. The firm has a market cap 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 Co. has a fifty-two week low of $61.95 and a fifty-two week high of $87.50.

Microsoft (NASDAQ:MSFT) last issued its quarterly earnings results on Thursday, October 26th. The software giant reported $0.84 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.72 by $0.12. The company had revenue of $24.50 billion for the quarter, compared to the consensus estimate of $23.57 billion. Microsoft had a net margin of 24.56% and a return on equity of 35.23%. The firm’s quarterly revenue was up 11.7% on a year-over-year basis. During the same period in the previous year, the firm earned $0.76 EPS. analysts predict that Microsoft Co. will post 3.38 earnings per share for the current fiscal year.

The business 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 $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a dividend yield of 1.96%. The ex-dividend date is Wednesday, February 14th. Microsoft’s dividend payout ratio (DPR) is currently 56.76%.

MSFT has been the topic of several recent research reports. ValuEngine upgraded shares of Microsoft from a “hold” rating to a “buy” rating in a research report on Wednesday, September 6th. Canaccord Genuity reiterated a “buy” rating and set a $94.00 target price (up from $86.00) on shares of Microsoft in a research report on Friday, October 27th. Atlantic Securities set a $83.00 target price on shares of Microsoft and gave the stock a “neutral” rating in a research report on Friday, October 27th. UBS Group set a $105.00 target price on shares of Microsoft and gave the stock a “buy” rating in a research report on Thursday, November 9th. Finally, Barclays reiterated an “overweight” rating and set a $89.00 target price (up from $82.00) on shares of Microsoft in a research report on Friday, October 27th. Two 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’s stock. The company presently has an average rating of “Buy” and an average price target of $85.82.

In related news, insider Frank H. Brod sold 15,000 shares of the business’s stock in a transaction dated Thursday, November 2nd. The shares were sold at an average price of $84.08, for a total value of $1,261,200.00. Following the transaction, the insider now directly owns 116,205 shares of the company’s stock, valued at approximately $9,770,516.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Christopher C. Capossela sold 4,000 shares of the business’s stock in a transaction dated Tuesday, November 14th. The stock was sold at an average price of $83.48, for a total transaction of $333,920.00. Following the completion of the transaction, the executive vice president now directly owns 185,278 shares in the company, valued at $15,467,007.44. The disclosure for this sale can be found here. Insiders sold a total of 45,000 shares of company stock worth $3,759,420 over the last three months. 1.49% of the stock is owned by insiders.

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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.

Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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