Microsoft Co. (MSFT) Shares Bought by AE Wealth Management LLC

AE Wealth Management LLC grew its holdings in Microsoft Co. (NASDAQ:MSFT) by 18.2% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 51,604 shares of the software giant’s stock after buying an additional 7,944 shares during the quarter. AE Wealth Management LLC’s holdings in Microsoft were worth $3,844,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Acrospire Investment Management LLC raised its stake in Microsoft by 300.0% during the second quarter. Acrospire Investment Management LLC now owns 1,600 shares of the software giant’s stock valued at $110,000 after buying an additional 1,200 shares during the last quarter. Stelac Advisory Services LLC raised its stake in Microsoft by 23.5% during the second quarter. Stelac Advisory Services LLC now owns 2,033 shares of the software giant’s stock valued at $140,000 after buying an additional 387 shares during the last quarter. Pacific Center for Financial Services raised its stake in Microsoft by 3.0% during the second quarter. Pacific Center for Financial Services now owns 2,572 shares of the software giant’s stock valued at $177,000 after buying an additional 75 shares during the last quarter. AlphaMark Advisors LLC raised its stake in Microsoft by 1.1% during the second quarter. AlphaMark Advisors LLC now owns 2,677 shares of the software giant’s stock valued at $185,000 after buying an additional 30 shares during the last quarter. Finally, NewSquare Capital LLC raised its stake in Microsoft by 470.8% during the third quarter. NewSquare Capital LLC now owns 119,729 shares of the software giant’s stock valued at $193,000 after buying an additional 98,752 shares during the last quarter. Institutional investors and hedge funds own 73.19% of the company’s stock.

A number of research analysts have issued reports on the company. UBS Group set a $110.00 price objective on Microsoft and gave the company a “buy” rating in a research note on Thursday, February 1st. Wells Fargo & Co set a $105.00 target price on Microsoft and gave the stock a “buy” rating in a report on Thursday, February 1st. Royal Bank of Canada set a $105.00 target price on Microsoft and gave the stock a “buy” rating in a report on Thursday, February 1st. Macquarie set a $95.00 target price on Microsoft and gave the stock a “neutral” rating in a report on Thursday, February 1st. Finally, JPMorgan Chase & Co. set a $94.00 target price on Microsoft and gave the stock a “neutral” rating in a report on Thursday, February 1st. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and thirty-one have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $99.11.

Shares of Microsoft Co. (NASDAQ MSFT) opened at $94.06 on Friday. The company has a quick ratio of 2.85, a current ratio of 2.89 and a debt-to-equity ratio of 1.01. Microsoft Co. has a fifty-two week low of $63.62 and a fifty-two week high of $96.07. The company has a market capitalization of $724,240.00, a price-to-earnings ratio of 28.85, a P/E/G ratio of 2.12 and a beta of 1.06.

Microsoft (NASDAQ:MSFT) last issued its quarterly earnings data on Wednesday, January 31st. The software giant reported $0.96 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.87 by $0.09. The company had revenue of $28.92 billion during the quarter, compared to analyst estimates of $28.42 billion. Microsoft had a return on equity of 35.41% and a net margin of 11.72%. Microsoft’s revenue was up 11.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.83 earnings per share. analysts forecast that Microsoft Co. will post 3.64 EPS for the current fiscal year.

The business 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 dividend of $0.42 per share. The ex-dividend date of this dividend is Wednesday, February 14th. This represents a $1.68 annualized dividend and a yield of 1.79%. Microsoft’s dividend payout ratio (DPR) is presently 51.53%.

In related news, EVP Christopher C. Capossela sold 3,500 shares of Microsoft stock in a transaction on Tuesday, February 20th. The stock was sold at an average price of $93.00, for a total transaction of $325,500.00. Following the transaction, the executive vice president now directly owns 174,778 shares in the company, valued at $16,254,354. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CMO Christopher C. Capossela sold 3,000 shares of Microsoft stock in a transaction on Friday, February 16th. The shares were sold at an average price of $93.30, for a total value of $279,900.00. Following the transaction, the chief marketing officer now owns 178,278 shares in the company, valued at $16,633,337.40. The disclosure for this sale can be found here. Insiders have sold 24,500 shares of company stock worth $2,102,100 over the last quarter. 1.49% of the stock is owned by company insiders.

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Microsoft 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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