Eqis Capital Management Inc. Increases Position in Microsoft Co. (MSFT)

Eqis Capital Management Inc. boosted its position in shares of Microsoft Co. (NASDAQ:MSFT) by 3.4% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 46,000 shares of the software giant’s stock after buying an additional 1,524 shares during the period. Eqis Capital Management Inc.’s holdings in Microsoft were worth $4,536,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in MSFT. Osterweis Capital Management Inc. lifted its stake in shares of Microsoft by 40.2% in the 1st quarter. Osterweis Capital Management Inc. now owns 427,300 shares of the software giant’s stock valued at $39,000,000 after purchasing an additional 122,615 shares during the last quarter. Skye Global Management LP lifted its stake in shares of Microsoft by 174.8% in the 1st quarter. Skye Global Management LP now owns 1,998,900 shares of the software giant’s stock valued at $182,440,000 after purchasing an additional 1,271,400 shares during the last quarter. HC Financial Advisors Inc. bought a new stake in shares of Microsoft in the 4th quarter valued at approximately $2,206,000. Middleton & Co Inc MA lifted its stake in shares of Microsoft by 1.5% in the 2nd quarter. Middleton & Co Inc MA now owns 55,349 shares of the software giant’s stock valued at $5,457,000 after purchasing an additional 838 shares during the last quarter. Finally, FCG Advisors LLC lifted its stake in shares of Microsoft by 19.6% in the 1st quarter. FCG Advisors LLC now owns 25,098 shares of the software giant’s stock valued at $2,291,000 after purchasing an additional 4,111 shares during the last quarter. 71.85% of the stock is owned by institutional investors.

Several equities research analysts have recently issued reports on the company. Credit Suisse Group reaffirmed a “buy” rating and issued a $125.00 price objective on shares of Microsoft in a research note on Monday, October 29th. Oppenheimer reaffirmed a “buy” rating and issued a $127.00 price objective on shares of Microsoft in a research note on Monday, October 29th. Citigroup raised their price objective on Microsoft from $113.00 to $114.00 and gave the company a “neutral” rating in a research note on Thursday, October 25th. KeyCorp raised their price objective on Microsoft from $123.00 to $125.00 and gave the company an “overweight” rating in a research note on Thursday, October 25th. Finally, Sanford C. Bernstein reaffirmed a “buy” rating and issued a $137.00 price objective on shares of Microsoft in a research note on Thursday, October 25th. One analyst has rated the stock with a sell rating, two have given a hold rating, thirty-three have assigned a buy rating and two have assigned a strong buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of $121.88.

In other Microsoft news, CEO Satya Nadella sold 203,418 shares of the firm’s stock in a transaction on Friday, October 26th. The stock was sold at an average price of $106.68, for a total transaction of $21,700,632.24. Following the transaction, the chief executive officer now directly owns 1,014,247 shares in the company, valued at approximately $108,199,869.96. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Frank H. Brod sold 20,000 shares of the firm’s stock in a transaction on Wednesday, October 31st. The stock was sold at an average price of $107.70, for a total value of $2,154,000.00. Following the transaction, the insider now owns 66,676 shares in the company, valued at $7,181,005.20. The disclosure for this sale can be found here. Insiders have sold a total of 479,080 shares of company stock worth $52,100,893 over the last 90 days. 1.49% of the stock is currently owned by company insiders.

Shares of MSFT stock opened at $109.57 on Friday. Microsoft Co. has a 52-week low of $80.70 and a 52-week high of $116.18. The company has a debt-to-equity ratio of 0.88, a current ratio of 2.92 and a quick ratio of 2.85. The company has a market cap of $829.42 billion, a P/E ratio of 28.24, a price-to-earnings-growth ratio of 1.97 and a beta of 1.26.

Microsoft (NASDAQ:MSFT) last issued its quarterly earnings results on Wednesday, October 24th. The software giant reported $1.14 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.96 by $0.18. The firm had revenue of $29.08 billion during the quarter, compared to analyst estimates of $27.92 billion. Microsoft had a return on equity of 39.86% and a net margin of 16.38%. Microsoft’s quarterly revenue was up 18.5% compared to the same quarter last year. During the same period last year, the company earned $0.84 EPS. Research analysts expect that Microsoft Co. will post 4.39 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 13th. Shareholders of record on Thursday, November 15th will be issued a dividend of $0.46 per share. This is an increase from Microsoft’s previous quarterly dividend of $0.42. This represents a $1.84 annualized dividend and a yield of 1.68%. The ex-dividend date of this dividend is Wednesday, November 14th. Microsoft’s dividend payout ratio (DPR) is presently 43.30%.

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Microsoft Company Profile

Microsoft Corporation develops, licenses, and supports software, services, devices, and solutions worldwide. Its company's Productivity and Business Processes segment offers Office 365 commercial products and services for businesses, such as Office, Exchange, SharePoint, Skype for Business, Microsoft Teams, and related Client Access Licenses (CALs); Office 365 consumer services, including Skype, Outlook.com, and OneDrive; LinkedIn online professional network; and Dynamics business solutions comprising financial management, enterprise resource planning, customer relationship management, supply chain management, and analytics applications for small and medium businesses, large organizations, and divisions of enterprises.

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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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