Financial Advisory Service Inc. Has $1.52 Million Position in Microsoft Co. (MSFT)

Financial Advisory Service Inc. boosted its holdings in Microsoft Co. (NASDAQ:MSFT) by 13.2% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 20,359 shares of the software giant’s stock after purchasing an additional 2,381 shares during the quarter. Financial Advisory Service Inc.’s holdings in Microsoft were worth $1,517,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the stock. Vanguard Group Inc. increased its stake in Microsoft by 4.6% in the second quarter. Vanguard Group Inc. now owns 564,052,011 shares of the software giant’s stock valued at $38,880,105,000 after purchasing an additional 25,053,413 shares during the last quarter. State Street Corp increased its stake in Microsoft by 0.8% during the first quarter. State Street Corp now owns 318,681,830 shares of the software giant’s stock worth $20,988,383,000 after acquiring an additional 2,552,473 shares during the last quarter. Capital Research Global Investors increased its stake in Microsoft by 212.3% during 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 acquiring an additional 47,353,245 shares during the last quarter. Janus Henderson Group PLC increased its stake in Microsoft by 609.4% during 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 acquiring an additional 42,243,011 shares during the last quarter. Finally, Legal & General Group Plc increased its stake in Microsoft by 1.1% during 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 acquiring an additional 425,485 shares during the last quarter. Hedge funds and other institutional investors own 73.16% of the company’s stock.

In other news, insider Frank H. Brod sold 18,000 shares of Microsoft stock in a transaction on Monday, December 4th. The stock was sold at an average price of $83.15, for a total transaction of $1,496,700.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, EVP Christopher C. Capossela sold 4,000 shares of Microsoft stock in a transaction on Tuesday, November 21st. The shares were sold at an average price of $83.44, for a total value of $333,760.00. Following the transaction, the executive vice president now owns 184,278 shares in the company, valued at $15,376,156.32. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 45,000 shares of company stock worth $3,759,420. 1.49% of the stock is owned by insiders.

Several equities research analysts have commented on the company. Oppenheimer set a $100.00 price target on Microsoft and gave the stock a “buy” rating in a research note on Wednesday, December 20th. Zacks Investment Research upgraded Microsoft from a “hold” rating to a “buy” rating and set a $96.00 price target for the company in a research note on Tuesday. Royal Bank of Canada set a $100.00 price target on Microsoft and gave the stock a “buy” rating in a research note on Wednesday, December 20th. ValuEngine lowered Microsoft from a “buy” rating to a “hold” rating in a research note on Monday, October 2nd. Finally, Vetr lowered Microsoft from a “strong-buy” rating to a “buy” rating and set a $93.77 target price for the company. in a research note on Monday, December 11th. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating and thirty-one have given a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of $85.87.

Shares of Microsoft Co. (NASDAQ MSFT) opened at $85.40 on Wednesday. Microsoft Co. has a 1 year low of $61.95 and a 1 year high of $87.50. The company has a debt-to-equity ratio of 0.91, a current ratio of 3.12 and a quick ratio of 3.06. The company has a market capitalization of $659,674.63, a P/E ratio of 29.05, a P/E/G ratio of 1.99 and a beta of 0.99.

Microsoft (NASDAQ:MSFT) last posted its earnings results on Thursday, October 26th. The software giant reported $0.84 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 analysts’ expectations of $23.57 billion. During the same period last year, the firm earned $0.76 EPS. The firm’s revenue was up 11.7% compared to the same quarter last year. equities analysts anticipate that Microsoft Co. will post 3.38 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 8th. Investors of record on Thursday, February 15th will be given a $0.42 dividend. This represents a $1.68 annualized dividend and a yield of 1.97%. The ex-dividend date of this dividend is Wednesday, February 14th. 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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